Credit: Peter Hammer via Unsplash
Broadcaster SCA has lost its place in the All Ordinaries index, which tracks the performance of the ASX.
The All Ordinaries contained the 500 largest companies measured by market capitalisation.
SCA shares last traded at 66 cents, down from a year high of $1 but up form a low of 45 cents. Its market capitalisation is $164 million.
The company 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 company reported audio revenue pacing well into the second half of the financial year and is expected to be about 6% ahead.
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