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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Southern Cross Media Group (SXL) investor relations material
Southern Cross Media Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary24 Nov, 2025
Opening remarks and agenda
Chair welcomed attendees, acknowledged traditional custodians, and confirmed quorum for the hybrid AGM held in Sydney and online.
Introductions of board members, senior leadership, auditors, and Computershare as Returning Officer were made.
Voting and Q&A procedures for both in-person and online participants were outlined, ensuring all eligible shareholders could participate.
Financial performance review
Revenue grew 5% to AUD 421.9 million, with underlying group EBITDA up 34.4% to AUD 71.1 million for FY25.
Digital revenue increased 28.8%, with LiSTNR becoming EBITDA and cash flow positive.
Net debt reduced by AUD 40 million to AUD 67.6 million, and leverage ratio improved to 1.10x.
A fully franked dividend of AUD 0.04 per share was paid for FY25.
Q1 FY26 results showed revenue up 4.7% and underlying EBITDA up 129% year-on-year.
Board and executive committee updates
Chair and CEO highlighted the successful execution of the transformation strategy, divestment of regional TV assets, and focus on audio and digital.
Board composition and director re-elections were discussed, with emphasis on digital and governance expertise.
Ido Leffler re-elected as director with 78.34% support, but will serve until June next year due to merger plans.
What TV revenue growth is assumed for merger?
LiSTNR's path to 20% margin and 20% growth?
Board's plan if SWM merger does not proceed?
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Next Southern Cross Media Group earnings date
H1 202626 Feb, 2026
Next Southern Cross Media Group earnings date
H1 202626 Feb, 2026
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Frequently asked questions
Southern Cross Media Group Limited is an Australian media company specializing in broadcasting and digital media services. The company operates radio and television networks, providing a wide range of audio, video, and digital content to audiences across Australia. Southern Cross Media’s assets include multiple radio stations and television affiliations with leading content providers, covering entertainment, news, and sports programming. Southern Cross Media Group Limited is headquartered in Melbourne, Australia, and its shares are listed on the ASX.
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