GTN: GTN 1H23 Earnings and Trading Update

GTN LIMITED

1. GTN expects Group revenue will be approximately $90 million, compared to $81.0 million for the half-year ending 31 December 2021.
2. GTN expects Adjusted EBITDA for the half-year ended 31 December 2022 will be in the range of $11.8 million - $12.0 million, compared to $10.2 million in the previous corresponding period.
3. Revenue from Australia, the Group’s largest market, is expected to increase approximately 20% for the period.