Glacier Media (GVC) Q2 2025 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2025 earnings summary
20 Oct, 2026Executive summary
Q2 2025 revenue was $32.6M, down 2.7% YoY; EBITDA was a $0.4M loss versus $0.9M profit in Q2 2024.
Lower advertising revenue and strategic growth investment spending drove the EBITDA decline; economic uncertainty and tariffs pressured several publishing markets.
Financial highlights
Q2 revenue was $32.624M versus $33.532M YoY; H1 revenue was $65.099M versus $68.282M.
Q2 net loss attributable to common shareholders was $5.364M, or $0.04/share, versus $3.280M, or $0.03/share; H1 net loss was $9.507M, or $0.07/share, versus $7.709M, or $0.06/share.
H1 EBITDA was a $1.677M loss versus $0.585M EBITDA in H1 2024.
Key financial ratios and metrics
EBITDA margin was (1.3%) in Q2 2025 versus 2.7% in Q2 2024; H1 margin was (2.6%) versus 0.9%.
EBITDA is a non-IFRS measure; the calculation may differ from other companies’ measures and should not be treated as an alternative to IFRS net income or loss.
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