SCA Revenue Falls 3.7% As It Battles “Challenging” Market Conditions

SCA Revenue Falls 3.7% As It Battles “Challenging” Market Conditions

SCA’s revenue fell slightly year-on-year as its audio revenue was partially offset by challenges in the regional TV market. 

Its overall revenue fell to $505.6 million for the 2022/2023 financial year, compared to $524.9 million the year prior. Its broadcast radio revenue of $372.8 million remained flat year-on-year.

SCA reported a full-year EBITDA of $77.2 million which was down 12.2 per cent on the $87.9 million the year prior. 

Despite challenging market conditions, things were looking positive in the audio sector. 

It outperformed the market in all audio segments – growing its revenue share from 8.8 per cent to 12.1 per cent. 

SCA maintained its overall audio revenues and increased its metro revenue radio share by 0.6 per cent to 27.2 per cent. 

Meanwhile its LiSTNR revenue increased 36 per cent and reduced its EBITDA loss by the year by over 30 per cent. 

Things were more challenging in the regional TV market as challenges in the second half of the year led to a 14.5 per cent drop in revenue. 

Cost control led to a 1.3 per cent reduction in non-revenue related expenses.




Please login with linkedin to comment

Revenue SCA

Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]