Southern Cross Media Group Limited (ASX:SXL)

Australia flag Australia · Delayed Price · Currency is AUD
0.595
+0.020 (3.48%)
Apr 29, 2026, 1:10 PM AEST
-11.19%
Market Cap 275.30M
Revenue (ttm) 466.92M
Net Income (ttm) -1.39M
Shares Out 478.78M
EPS (ttm) -0.01
PE Ratio 13.90
Forward PE 2.54
Dividend 0.04 (7.02%)
Ex-Dividend Date Sep 3, 2025
Volume 762,075
Average Volume 1,508,956
Open 0.575
Previous Close 0.575
Day's Range 0.570 - 0.595
52-Week Range 0.525 - 0.940
Beta 0.94
RSI 47.50
Earnings Date May 27, 2026

About ASX:SXL

Southern Cross Media Group Limited, together with its subsidiaries, creates audio content for distribution on broadcast and digital networks in Australia. It operates in two segments, Broadcast Radio and Digital Audio. The company owns 104 radio stations in FM, AM, and DAB+ radio, as well as 56 regional radio stations; operates LiSTNR, an audio app for sports, podcasts, music, radio, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides radio and digital advertising services. The company ... [Read more]

Industry Entertainment
Founded 2005
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol SXL
Full Company Profile

Financial Performance

Financial Statements

News

Ex NRMA chief Rohan Lund to lead newly merged Southern Cross Media

Following the abrupt resignation of former Seven West Media chief Jeff Howard, Rohan Lund has been named CEO of the combined media group.

4 days ago - The Australian Financial Review

Bruce McWilliam drops millions on major Southern Cross Media stake

Kerry Stokes’ former legal adviser is now among Southern Cross Media’s biggest shareholders after dropping $14 million over the past two weeks.

15 days ago - The Australian Financial Review

Southern Cross Media Group Ltd (ASX:SXL) (Q2 2026) Earnings Call Highlights: Strong Digital ...

Southern Cross Media Group Ltd (ASX:SXL) (Q2 2026) Earnings Call Highlights: Strong Digital Growth Amidst Market Challenges

2 months ago - GuruFocus

Half Year 2026 Southern Cross Media Group Ltd Earnings Call Transcript

Half Year 2026 Southern Cross Media Group Ltd Earnings Call Transcript

2 months ago - GuruFocus

Southern Cross Media Group Earnings Call Transcript: H1 2026

The merged group reported H1 FY26 pro forma revenue of just over AUD 1 billion, down 1.5% year-over-year, with EBITDA of AUD 106.9 million and NPAT of AUD 34.7 million. Strong digital and audio growth offset challenging market conditions, while cost-saving initiatives and debt reduction remain priorities.

2 months ago - Transcripts

The NRL’s Perth Bears sign deal with The West Australian’s new owners

The West Australian has been one of the fiercest critics of the NRL’s foray into the western state. Will a new deal with Southern Cross Media change this?

4 months ago - The Australian Financial Review

ARN Media trims stake in Southern Cross Media; Barrenjoey on trade

Street Talk understands ARN Media, which has a 14.8 per cent stake in Southern Cross Media, was the seller on Thursday afternoon.

5 months ago - The Australian Financial Review

Southern Cross Media Group Transcript: AGM 2025

The AGM highlighted strong financial results, digital growth, and a fully franked dividend, with the board emphasizing the strategic benefits of the proposed merger with Seven West Media. Shareholder proposals to remove directors and amend the constitution were defeated, and all board-supported resolutions passed with strong majorities.

5 months ago - Transcripts

Angry shareholders vote against SevenWest executive pay deal as Kerry Stokes says he too has suffered | Weekly Beast

The media tycoon presided over his presumptive last annual general meeting as Seven West Media’s chair. Plus: ABC’s 90s hit returns, but will it work? On Thursday, media tycoon Kerry Stokes presided o...

6 months ago - The Guardian

ASX 200 LIVE: Shares rally; Bank of Queensland raises dividend; ACCC probes Southern Cross Media’s takeover of Seven West

Shares climb; Bank of Queensland raises dividend; gold resets record; Commonwealth Bank AGM kicks off; Orora says $2.2b Saverglass buy not meeting expectations. Follow live.

7 months ago - The Australian Financial Review

Like watching a pair of spotted hyenas casing a snuggle of tree sloths

The Southern Cross Media deal shows there is nothing the Stokeses enjoy more than circling a few soft-palmed company directors who are not up for a fight.

7 months ago - The Australian Financial Review

The $180m reason why Kerry Stokes is selling Seven West

The tax implications of the billionaire selling Network Seven and his West Australian newspapers to Southern Cross Media are very lucrative.

7 months ago - The Australian Financial Review

Southern Cross chair says ‘strong support’ for Seven deal amid fallout

Southern Cross Media’s takeover of Seven West Media has triggered fury, though one investor apologised for saying its board “should be lined up and shot”.

7 months ago - The Australian Financial Review

Southern Cross Media Group Transcript: M&A Announcement

A merger between two major Australian media groups will create a leading integrated platform across TV, radio, and digital, with a 50/50 ownership split and $25–$30 million in annual cost synergies expected within two years. The deal is unanimously supported, subject to regulatory and shareholder approvals, and aims to enhance digital growth, market relevance, and shareholder value.

7 months ago - Transcripts

Southern Cross Media Group Earnings Call Transcript: H2 2025

Strong FY 2025 results with revenue up 5%, EBITDA up 34%, and digital audio revenue up 29%. Guidance for FY 2026 anticipates continued double-digit digital growth, revenue of $435–$440 million, and leverage below 1x.

8 months ago - Transcripts

Southern Cross Media Group Ltd (ASX:SXL) (H1 2025) Earnings Call Highlights: Strong EBITDA ...

Southern Cross Media Group Ltd (ASX:SXL) (H1 2025) Earnings Call Highlights: Strong EBITDA Growth and Strategic Debt Reduction

1 year ago - GuruFocus

Half Year 2025 Southern Cross Media Group Ltd Earnings Call Transcript

Half Year 2025 Southern Cross Media Group Ltd Earnings Call Transcript

1 year ago - GuruFocus

Southern Cross Media Group Earnings Call Transcript: H1 2025

Strong half-year results driven by 5% audio revenue growth, 47% EBITDA increase, and digital audio profitability. TV asset divestment completed, focus shifts to audio and digital, with further cost reductions and leverage improvement expected.

1 year ago - Transcripts

Paramount’s Network Ten snaps up three regional broadcast licences

The seller, Southern Cross Media, has been trying to offload them for several years. It said it was in talks to sell others in Tasmania, Darwin and Broken Hill.

1 year ago - The Australian Financial Review

Southern Cross Media Group Transcript: AGM 2024

The meeting addressed a challenging FY24 with lower revenue and no dividend, but highlighted positive momentum in digital audio and cost reductions. Shareholders voiced concerns over past value destruction and called for further cost discipline. Significant votes were cast against key resolutions, and the board committed to ongoing transformation and improved returns.

1 year ago - Transcripts

Southern Cross Media Group Earnings Call Transcript: H2 2024

FY 2024 saw resilient performance amid tough ad markets, with digital audio revenue up 42% and cost discipline driving improved H2 EBITDA. LiSTNR reached EBITDA profitability, CapEx was reduced, and TV asset divestment is underway as deleveraging remains a priority.

1 year ago - Transcripts

Is Southern Cross Media the country’s most painful takeover target?

Between a pricey 15-year transmission contract and declining regional TV earnings, Southern Cross Media is drawing attention for all the wrong reasons.

1 year ago - The Australian Financial Review