Ooh Media Ltd · ASX:OML
Ooh Media — H1 2025 Earnings Presentation
30 slides from Ooh Media's earnings presentation, Aug 18, 2025
Slide 1: Half Year Results Presentation
oOh!media Limited ABN 69 602 195 380 18 August 2025 ASX Release HALF YEAR RESULTS PRESENTATION oOh!media Limited (ASX:OML) (oOh!) attaches its 2025 Half Year presentation. This announcement has been authorised for release to the ASX by the Chief Executive Officer. *** Investor relations contacts: Me
Slide 2: oOh!media Interim Results 1H 2025
oOh!media Interim Results 1H 2025 18 August 2025
Slide 3: Acknowledgement of Country
Acknowledgement of Country We acknowledge the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander People. 2.
Slide 4: Agenda
Agenda Presenters: Cathy O’Connor (CEO) and Chris Roberts (CFO) • Reasons to invest in oOh! • 1H 2025 Results Summary • Financials & Commercial Contracts • Strategy update • Outlook • Questions 3.
Slide 5: Reasons to invest in oOh!
Reasons to invest in oOh! Structural tailwinds continue driving strong growth in Out of Home (OOH) advertising, capturing record 16.5% share of agency media 1 OOH share of Total Media (SMI) 16.5% Fastest growing media sector2 15.0% outpacing Television, Digital, and 13.7% 13.9% Radio 13.1% 12.3% 11.
Slide 6: 1H 2025 Operational Highlights
1H 2025 Operational Highlights Sales execution improvements • Strengthened senior sales team • Aligned sales, product & marketing under a single structure • Wins in key customer commitment volumes Asset roll outs & disciplined wins • Sydney Metro performing strongly • New Tent Pole Contract - Transu
Slide 7: 1H 2025 Key Financials
1H 2025 Key Financials Record underlying results – excluding $30m Auckland Transport impairment KEY PERFORMANCE REPORTED METRICS VS PCP1 METRICS VS PCP1 Revenue Gross Profit 17% 16% $336.2m $225.6m Adjusted Gross Margin2 Underlying Opex (1.3ppts) (4%) 41.8% $73.3m Adjusted Underlying EBITDA EBITDA2
Slide 8: Strong Revenue growth
Strong Revenue growth +17% statutory revenue growth versus OMA/OOHMAA +18% oOh! delivered broad-based revenue growth in 1H 2025, with Group revenue Formats ($M) 1 1H 2025 1H 2024 % vs pcp +17% vs. 1H 2024 Road 120.3 100.8 19% Road remained a core growth driver, +19% Street & Rail 108.0 91.0 19% Stre
Slide 9: 1H 2025 Financials and Commercial Summary
1H 2025 Financials and Commercial Summary 8
Slide 10: Lease expiry profile
Lease expiry profile Over $90m new contracts (annualized) won since 2023, including Transurban in May 2025 350 60% oOh! maintains a diversified and well-balanced lease expiry profile that supports sustainable 53% revenue streams and mitigates concentration 300 50% risk. % of total CY24 adjusted reve
Slide 11: Existing vs New contracts
Existing vs New contracts Strong performance of existing business in addition to new contract wins 11 336 37 288 ($M) 1H2024 Existing contracts New contracts 1H2025 10.
Slide 12: Record underlying results
Record underlying results • Revenue +17% strong growth with market tailwinds Excluding Auckland Transport driven $30m impairment • Gross margin decreased by 1.3ppts to 41.8% driven by the higher fixed rent, agency incentives and channel mix. ADJUSTED P&L1 ($M) 1H 2025 1H 2024 Change2 • Adjusted unde
Slide 13: Operating Leverage Evident
Operating Leverage Evident Adjusted underlying margin % growth Revenue +17% EBITDA +27% NPATA +46% 12.
Slide 14: Cashflow
Cashflow Strong operating cashflow conversion has returned as expected to 77.0% in 1H 2025 • Growth Capex increase from prior year in line with contract wins Cash flows1 ($M) 1H 2025 1H 2024 Change2 Adjusted EBITDA 62.2 45.5 16.6 • Free cash flow grew substantially versus 1H24 due to improved adjust
Slide 15: Balance Sheet
Balance Sheet • Balance sheet strength with gearing at 0.7x within target range. Financial position remains strong with gearing of 0.7X • Right of use assets and liabilities have increased due new contracts signed and renewed. Balance Sheet1 ($M) Jun-25 Dec-24 Change • Intangible assets decrease of
Slide 16: Strategy Update
Strategy Update 15.
Slide 17: Strategy execution in 1H25
Pillar 1 Pillar 2 Pillar 3 Energise our go-to- Unlock our network Lead in retail market potential media Strategy • Realigned sales, product & marketing to accelerate • Signature contract in Melbourne with Large • Capability uplift with experience retail media sales execution speed to market Format T
Slide 18: Outlook & Summary
Outlook & Summary 17.
Slide 19: Outlook
Outlook Q3 media revenue pacing at +5% with August and September improving after a softer July, and Australia stronger at +6% Market share growth, excluding retail and New Zealand, is expected for the remainder of CY25 as new assets from contracts announced in 2023 and 2024 come online 2H25 adjusted
Slide 20: Appendix
MEN'S SINGLES QUARTER FINAL SINNER eae) 46 66 : Appendix AUGER ALIASSIME
Slide 21: Advertising category performance – SMI
Advertising category performance – SMI(1) 1H 2025 SMI category share for Out of Home SMI Agency Spend 1H 2025 Pacing vs 1H 2024 Retail 8% Retail Insurance 7% Food/Produce/Dairy Banking Automotive Brand 7% 42% Travel Travel Alcoholic Beverages 6% Automotive Brand Government Communications 5% Food/Pro
Slide 22: Reported Profit & Loss
Reported Profit & Loss Reported P&L ($M) 1H 2025 1H 2024 Change • Gross profit margin slightly down by 0.3 ppts to 67.1% due to higher margin contracts. Revenue 336.2 288.3 47.9 • Statutory EBITDA margin increased 3.5 ppts to 45.5%. Cost of media sites and production (110.6) (94.0) (16.6) Gross prof
Slide 23: Adjusted COGS bridge
Adjusted COGS bridge 200 3.3 195.6 13.5 190 180 9.6 170 5.2 164.0 160 150 140 130 1H2024 Fixed rent Fixed rent Variable costs Other 1H2025 New contracts Existing contracts Notes • New contracts include Sydney Metro, Martin Place, Woollahra Council, Westgate, and East Link. • Existing contracts refle
Slide 24: Adjusted operating expense bridge
Adjusted operating expense bridge 85 83 81 79.2 3.0 79.1 79 77 .7 2.1 75 (3.4) 2.2 73 71.2 71 (4.6) 69 67 65 1H2024 PCP NOI Savings 1H2024 Inflation Reo Tech investments Incentives 1H2025 Rebased Wage & Other Notes • Prior comparable period (PCP) non-operating items relate to one-off consulting cost
Slide 25: oOh! New Zealand
Key oOh! New Zealand Without Auckland Transport: National Scale across 17 regions Street Furniture Nationwide coverage 165 1,172 Street Furniture Street Furniture Digital screens Classic panels Retail Centres Nationwide coverage - 48 centres 31 17 443 In Auckland/ in key Retail Small Wellington/ reg
Slide 26: Reported NPAT to Adjusted NPAT reconciliation
Reported NPAT to Adjusted NPAT reconciliation Reported NPAT to Adjusted NPAT rec ($M) 1H 2025 1H 2024 Change1 Statutory NPAT (11.3) 5.8 (17.1) Less: AASB 16 income and expense items Lease modification income (0.1) - (0.1) Fixed lease obligations (90.8) (75.6) (15.2) Depreciation 70.4 61.1 9.4 Intere
Slide 27: Adjusted vs reported results reconciliation
Adjusted vs reported results reconciliation Adjusted vs Reported results rec ($M) Adjusted Reported Change • Revenue unaffected by AASB16 Revenue 336.2 336.2 - • COGS reduced by $85m due to fixed rents not captured in COGS under AASB16. These are now in amortisation and Cost of media sites and produ
Slide 28: Financial information notice
Financial information notice oOh!’s Financial Statements for the interim period ended 30 June 2025 presented in accordance with Australian Accounting Standards. oOh!media has also chosen to include certain non-IFRS financial information. This information has been included to allow investors to relat
Slide 29: Financial information notice
Financial information notice This document is a presentation of general background information about the activities Forward looking statements are provided as a general guide only, and should not be of oOh!media Limited (oOh!media or oOh!) current at the date of the presentation, 18 relied on as an
Slide 30: ooh! unmissable
ooh! unmissable