Business
Agora S A : Financial results of the Agora Group in the 4Q 2024
Agora S A : Financial results of the Agora Group in the 4Q
About this update from Agora Sa
[{"type":"text","content":"\n March 26, 2025 / 08:00\n \n \n Financial results of the Agora Group in the 4Q 2024\n \n In 2024, the Agora Group achieved its highest-ever revenues of PLN 1,480.5 million1. At the same time, the company ended last year with a net profit of PLN 26.4 million2 and an EBITDA profit of PLN 257.1 million1,3. In Q4 alone, the company recorded PLN 446 million in revenues1, up 4.6% from the same period a year earlier. Revenues were significantly impacted by consolidation with Eurozet, as well as revenue growth in the Movies and Books, and Outdoor Advertising segments. Digital and Internet revenues of the Agora Group grew another year in a row, amounting to more than PLN 420 million.\n \n \n - Agora Group is growing. 2024 was yet another year of record revenues, which reached nearly PLN 1.5 billion, and operating profit grew by more than 86%. The past year also shows that we have built a media portfolio that offers our customers the largest commercial reach in Poland, and that the Agora Group ensures stable growth despite the growing dominance of big tech - comments Bartosz Hojka, CEO of the Agora Group.\n \n \n Agora Group's revenue from advertising sales in the fourth quarter of 2024 amounted to PLN 235.4 million. During this period, print, radio and outdoor advertising outperformed the market average, while radio and cinema advertising performed best on a year-over-year basis. \n \n \n The business in which advertising expenditures increased the most and which contributed most strongly to the increase in advertising revenues of the entire Group was the Outdoor Advertising segment. This segment's advertising revenues increased by 6.3% to PLN 59.4 million. AMS continued its dynamic growth - reporting the highest EBIT and EBITDA values in its history, exceeding their pre-pandemic levels. Particularly impressive was the growth rate of the company's digital revenues, which increased by more than 70% in 2024, outpacing the growth rate of the DOOH market in Poland, which increased by 32% in that period.\n The Movies and Books segment also reported record sales revenue for another year in a row. In the fourth quarter of 2024, revenue from ticket sales to Helios cinemas increased by 19.9% to PLN 81.9 million1, revenue from concession sales increased by 25.7% to PLN 47.4 million, and the value of advertising revenue increased by 13.6% to PLN ...