Arn Media Limited · ASX:A1N
Arn Media — Shareholder Meeting (May 2025)
16 slides from Arn Media's shareholder meeting presentation, May 8, 2025
Slide 1: AGM Presentation & Trading Update
MARKET ANNOUNCEMENT AGM Presentation & Trading Update SYDNEY, 8 May 2025 – ARN Media Limited [ASX: A1N] provides the attached copy of the AGM Presentation & Trading Update to be provided at the Company’s 2025 AGM, to be held today from 9am (AEST). Also being provided in a separate release are the Ch
Slide 2: Annual General Meeting
Annual General Meeting 8 May 2025 1
Slide 3: Chairman's Address
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Slide 4: Focused on long term value creation
Focused on long term value creation Financial resilience • Net assets $291.4m. • Robust balance sheet; net debt $82.2m. • Undrawn debt facilities $64.2m. • Total dividend of 2.3cps. Building Australia’s • Radio remains the core pillar. most profitable audio • Investing in the best talent and content
Slide 5: Focused on long term value creation
Focused on long term value creation Cody strategic review • 25 years experience managing profitable out-of-home contracts. underway • 2 key contract wins strengthens Cody position. • Investment and start up phase complete. • Strategic review exploring options. Media consolidation in • Global platfor
Slide 6: CEO Address
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Slide 7: Financial Highlights
Financial Highlights • Revenue growth of 9% driven by new Cody HK Tramways and KMB Bus contracts • Stable ARN result with digital growth of 28% as we continue our digitisation journey • In a high inflationary year, Group Costs were controlled to $279.8m • EBITDA was up $21.5m to $93.1m compared to t
Slide 8: Kyle & Jackie O - Australia's most listened to show
Kyle & Jackie O - Australia’s most listened to show KIIS Melbourne Breakfast Survey 8 2024 5.7% • #1 x 50 consecutive surveys in Sydney1 Survey 1 2025 5.8% • 1.7m listeners (+12%)2 Survey 2 2025 7.2% • #1 radio catch up podcast (15.8m downloads)3 KIIS Melbourne • 2m+ social audience4 Station Survey
Slide 9: Strong performance in robust Regional market
Strong performance in robust Regional market. • Live & Local content strategy leveraging 'Leaders in Local’ position • #1 in 10 of the 12 markets surveyed in 2024* • Total Regional revenue $104.9m • ARN’s national regional share 25% (+6%); +13% since ARN acquired regional network • Centralisation of
Slide 10: Digital Audio continues strong growth trajectory
Digital Audio continues strong growth trajectory. • Digital audio revenue $25.3m (+28%); Exceptionally strong growth in ARN Digital 2024 EBITDA podcasting revenue 1.5 • Delivered cashflow and EBITDA profitability for H2 1.0 • Confident this trend will continue in 2025 o Diversification of formats at
Slide 11: The growing audio sector continues to present a compelling opportunity for ARN investors
The growing audio sector continues to present a compelling opportunity for ARN investors Weekly Listening x Format • 94% of Australians listen to audio weekly; 200 average time spent is 11 hours % of Population Listening Weekly (gross) • Broadcast radio still reaches over 80% of the population 150 •
Slide 12: ARN's Audiosphere delivers 10m audio audience for advertisers
ARN’s Audiosphere delivers 10m audio audience for advertisers. • Total value of Audio market is $1.16bn (+1.4%) 7.5 million AM/FM Weekly Reach o Metro $666.2m (-1%) o Regional $409.0m (+0.6%) o Digital $88.9m (+29.9%) 1 million • Total Audio Audiosphere leverages - DAB+ Weekly Reach o The trusted re
Slide 13: Growth opportunity to improve the monetisation of digital audience
Growth opportunity to improve the monetisation of digital audience. 10% of revenue is digital Live streaming Live streaming 42% of audience is digital (10%) • 42% of the ARN audience is delivered on Podcasts digital platforms Podcast (32%) DAB+ • Only 10% of revenue is digital • Commercialise digita
Slide 14: Transformation Programme to deliver $40m cash cost out and drive commercial growth opportunities
Transformation Programme to deliver $40m cash cost out and drive commercial growth opportunities. • Comprehensive review of business operations completed across all expense lines • Transformation underscores commitment to drive shareholder value and focuses on 3 areas – o Digitising and simplified o
Slide 15: Trading Update
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Slide 16: Trading Update
Trading Update ARN • Total April YTD revenue finished ~2% behind the prior comparative period with digital audio revenues continuing to experience strong growth. • YTD ratings improvements in FY25 and the ongoing transition to a new commercial team is expected to deliver radio revenue share improvem