SCA reported revenue up 5.3% to $209.7 million for the half year to December, delivering on its "transformation strategy".
Net profit after tax was up 5.5% to $3.2 million.
The broadcaster said the improvement in financial performance was driven by SCA’s dominance of the lucrative 25-54 audiences in metro and regional radio markets, improving share of metro radio advertising markets, strong growth in digital audio revenues and disciplined approach to cost management.
LiSTNR achieved underlying EBITDA profitability in the first half.
Digital revenue grew to $22.1 million, up 42%. Digital audio revenues are up 48% on calendar 2023.
The board of directors at SCA decided not to pay a half-year dividend as the company focuses on debt reduction.
The company reported audio revenue pacing well into the second half of the financial year and is expected to be about 6% ahead.
“SCA has delivered a strong result for the first half of FY25 as we continue on our transformation journey," said CEO John Kelly.
"The SCA Team have worked very hard and we have delivered on all our key commitments – with continued operating momentum translating to improved financial performance."
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