Record revenue, EBITDA and trouble in retail: Ooh Media posts accounts

Despite taking a $30m one-time hit from losing the Auckland Transport contract, Ooh Media posted solid 2025 numbers with both revenue and EBITDA at record highs.

Group revenue for the calendar year 2025 was up 9%, to $691.4m. That is new high-water mark for Ooh, as is the year’s EBITDA of $328m. (See graph below – EBITDA is earnings before tax and other charges. Note that EBITDA is not Ooh’s preferred reporting metric, and they also provide adjusted EBITDA which takes lease payments into account and is much lower. Mumbrella maintains its reporting on EBITDA for consistency).

Billboards drove the largest portion, with the sector’s $237.1m revenue up 10% year-on-year. Street furniture and rail revenue increased by 11%, to $226.4m, boosted by new Melbourne Metro and Sydney Metro assets.