Catalyst Media Group (CMX)

Sector:

Media

 72.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 82.50
  • 52 Week Low: 62.00
  • Currency: UK Pounds
  • Shares Issued: 21.03m
  • Volume: 8,000
  • Market Cap: £15.25m
  • RiskGrade: 106

Catalyst Media profits boosted by SIS' performance

By Iain Gilbert

Date: Wednesday 27 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Sports marketing outfit Catalyst Media Group saw profits move ahead in the first half of its trading year, driven by a strong showing from Sports Information Services.
Catalyst's profit after tax and before adjustment to investment valuation rose 23% to £420,000 in the six months ended 31 December. Earnings per share meanwhile increased from 1.62p each to 1.98p.

Net asset value tumbled 42.6% to 70.2p per share.

Sports Information Services, in which CMG is a 20.54% shareholder, recorded a 19% jump in revenues to £120.7m and a 16% uptick in post-tax profits on ordinary activities of £2.1m, even as EBITDA slipped 23% to £8.5m.

Looking forward, chairman Michael Rosenberg said: "SIS has confirmed that it expects to achieve a profit before tax, excluding profit on sale of SIS Live and before certain charges, for the year to 31 March 2019 towards the upper end of previous guidance and that SIS continues to expect to announce a dividend after the end of its current financial year.

"2019 has already seen a deepening partnership between SIS and the Racecourse Media Group in respect of international and online rights, with a new 24/7 service having been launched in January 2019."

As of 1000 GMT, Catalyst shares were untraded at 69p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CMX Market Data

Currency UK Pounds
Share Price 72.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 82.50
52 Week Low 62.00
Volume 8,000
Shares Issued 21.03m
Market Cap £15.25m
RiskGrade 106

CMX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.20% above the market average4.20% above the market average4.20% above the market average4.20% above the market average4.20% above the market average
11.86% below the sector average11.86% below the sector average11.86% below the sector average11.86% below the sector average11.86% below the sector average
Price Trend
37.40% above the market average37.40% above the market average37.40% above the market average37.40% above the market average37.40% above the market average
28.36% above the sector average28.36% above the sector average28.36% above the sector average28.36% above the sector average28.36% above the sector average
Income Not Available
Growth
72.2% below the market average72.2% below the market average72.2% below the market average72.2% below the market average72.2% below the market average
73.77% below the sector average73.77% below the sector average73.77% below the sector average73.77% below the sector average73.77% below the sector average

CMX Dividends

  Latest Previous
  Special Special
Ex-Div 07-Nov-19 08-Nov-18
Paid 22-Nov-19 23-Nov-18
Amount 5.00p 58.00p

Trades for 17-Jan-2020

Time Volume / Share Price
15:19 8,000 @ 62.00p

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