Grupo Média Capital, SGPS, S.A. Reports Earnings Results for the Full Year Ended December 31, 2022
April 21, 2023 at 02:23 pm EDT
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Grupo Média Capital, SGPS, S.A. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was EUR 203.87 million compared to EUR 157.74 million a year ago. Net income was EUR 36.69 million compared to net loss of EUR 4.08 million a year ago.
Basic earnings per share from continuing operations was EUR 0.4341 compared to basic loss per share from continuing operations of EUR 0.0483 a year ago. Diluted earnings per share from continuing operations was EUR 0.4341 compared to diluted loss per share from continuing operations of EUR 0.0483 a year ago.
Grupo Média Capital, SGPS, S.A. is one the leading Portuguese media groups. Net sales (excluding businesses in the process of being sold) break down by activity as follows:
- operation of a TV channel (56.5%): operation of the general-interest TVI channel;
- production of televised programs (16.7%; NBP; No. 1 in Portugal): series, soap operas and movies;
- other (26.8%): operation of Internet portals, publishing of music CDs and DVDs, event organization, distribution of films in theaters, DVD distribution, sales of audiovisual rights, etc.
Net sales (excluding businesses in the process of being sold) break down by source of income between sales of advertising space (53.9%), and other (46.1%).