Catalano’s Australian Community Media posts $7.9m loss
ACM publishes 65 mastheads across Australia
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.”