John Kelly’s ambitious plan for SCA’s ‘growth engine’ LiSTNR
Following its somewhat disappointing full-year earnings, the silver lining for Southern Cross Austereo (SCA) is the 36% revenue jump by LiSTNR. “It is our growth engine,” said the company’s newly minted CEO, John Kelly, who wanted investors to know that LiSTNR is crucial to SCA’s plan for capturing known audiences.
Kelly said in the earnings released yesterday that LiSTNR is on target to break even during the fourth quarter of financial year 2024, which is a year ahead of previous guidance.