Ooh Media delivers full-year profits after a ‘disappointing first half’
Ooh Media has delivered a net profit of 8.5% for 2024, as it points to increased momentum in the current calendar year and beyond.
The company delivered revenue of $635.6 for calendar year 2024 (CY24), up a modest 0.3%.
Gross profits were up 3.9%, EBITDA jumped 3%, and the company’s net profit after tax was 8.5%, due in large part to the lowering of production and media site costs by $14.4 million compared to 2023.
