Latest Digital Media News

Sports Entertainment Group Limited reported a 2.2% revenue rise to $110.24 million for FY25, with underlying EBITDA surging 61.3% pre-AASB 16. Net profit more than doubled to $22.94 million, driven by margin gains and cost efficiencies. The staged sale of Perth Wildcats progresses, and a final dividend was declared.

Sportshero Ltd’s latest quarterly cash flow report reveals ongoing operational cash outflows balanced by financing activities, leaving the company with just over two quarters of funding runway.

Vinyl Group has secured a $1.5 million revolving credit facility from Songtradr and proposed converting historical liabilities into equity, aiming to boost its balance sheet and accelerate growth on its Vinyl.com platform.

Thrive Tribe Technologies has initiated a corporate restructure focused on revenue growth, appointed a seasoned COO, and rebranded its platform while securing venture debt funding to support expansion.

Beforepay Group Limited has reported its strongest Q3 FY25 performance yet, with net profit before tax tripling year-on-year and advances growing 16%. The fintech’s strategic expansion of Carrington Labs and funding optimisations signal robust momentum ahead.

Adslot Ltd reports a robust Q2 FY25 with significant contract wins for its StoreFront platform and a 43% quarter-on-quarter increase in monetised transaction value, despite ongoing challenges in the Australian market.

Vinyl Group Ltd delivered a standout Q2 FY25 with a 172% jump in cash receipts and strategic acquisitions poised to boost earnings. The company’s international expansion and debt reduction efforts signal a transformative phase ahead.