oOh!media First Half 2024 Earnings: EPS: AU$0.011 (vs AU$0.011 in 1H 2023)

oOh!media (ASX:OML) First Half 2024 Results

Key Financial Results

• Revenue: AU$288.3m (down 2.8% from 1H 2023).
• Net income: AU$5.83m (down 9.6% from 1H 2023).
• Profit margin: 2.0% (down from 2.2% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: AU$0.011 (in line with 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

oOh!media Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Media industry in Australia.

Performance of the Australian Media industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for oOh!media that you need to take into consideration.

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