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Sports Entertainment Group Limited (ASX:SEG)

ALERT: Price-sensitive ASX Announcement for SEG
Current share price for SEG : $0.260 -0.02 (-7.14%)+
Announcement
Release
26 Aug 2026 10:18AM
Price at Release
$0.280
Full Release
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Summary
Sports Entertainment Group Limited (SEG) announced its FY2026 financial results, showcasing a strong year of growth and strategic acquisitions. The company reported an underlying EBITDA of $18.2 million, reflecting a 73% organic growth, and a profit before tax of $8.6 million. Revenue growth was robust across all segments, particularly in Media, TV Production, and Complementary Services, supported by major sporting events. SEG's acquisition of MediaWorks, New Zealand's largest audio business, further diversified its revenue base. The company maintained a high cash generation, with operating cashflows of $18.9 million and reduced senior bank debt to $10 million. Despite pausing dividends for FY26 to manage debt levels post-acquisition, SEG remains poised for future growth with a strong balance sheet and continued investments in expanding its media and sports engagement platforms.
Key Points
  • $18.2m Underlying EBITDA reflecting 73% organic growth
  • $8.6m profit before tax
  • Revenue growth across Media, TV Production, and Complementary Services
  • Acquisition of MediaWorks to diversify revenue
  • Strong operating cashflow of $18.9m
  • Reduced senior bank debt to $10m
  • Dividends paused for FY26 to manage debt after acquisition
  • Continued investments in media and sports engagement
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.