Catalano’s Australian Community Media posts $7.9m loss

Australian Community Media has posted a $30m drop in revenue and a net loss after tax of $7.9m for the 2025 financial year.

This is according to filings to the Australian Securities and Investments Commission (ASIC) from 20 Cashews, the company controlled by troubled media boss Anthony Catalano and billionaire Alex Waislitz that owns ACM.

The $7.9m net loss after tax has increased from FY24’s $2.5m loss, but according to director Peter Landos, the rise in losses are due to “the impact of ongoing investment in group companies.”

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.