Catalyst Media Group (CMX)

Sector:

Media

 68.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 137.50
  • 52 Week Low: 62.50
  • Currency: UK Pounds
  • Shares Issued: 21.03m
  • Volume: 0
  • Market Cap: £14.41m
  • RiskGrade: 28
  • Beta: 0.00

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.

Email this article to a friend

or share it with one of these popular networks:


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 68.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 137.50
52 Week Low 62.50
Volume 0
Shares Issued 21.03m
Market Cap £14.41m
Beta 0.00
RiskGrade 28

CMX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.48% above the market average75.48% above the market average75.48% above the market average75.48% above the market average75.48% above the market average
70.97% above the sector average70.97% above the sector average70.97% above the sector average70.97% above the sector average70.97% above the sector average
Price Trend
22.24% below the market average22.24% below the market average22.24% below the market average22.24% below the market average22.24% below the market average
6.06% below the sector average6.06% below the sector average6.06% below the sector average6.06% below the sector average6.06% below the sector average
Income Not Available
Growth
90.28% below the market average90.28% below the market average90.28% below the market average90.28% below the market average90.28% below the market average
90.32% below the sector average90.32% below the sector average90.32% below the sector average90.32% below the sector average90.32% below the sector average

CMX Dividends

  Latest Previous
  Special Interim
Ex-Div 08-Nov-18 10-Apr-13
Paid 23-Nov-18 03-May-13
Amount 58.00p 7.00p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

Top of Page