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SXL

Southern Cross Media Group

Media & Entertainment

Southern Cross Media Group (SXL) is an Australian media company with the largest commercial radio footprint in Australia, connecting metro and regional communities. It operates radio networks like Triple M and The Hit Network, and the LiSTNR digital audio app, offering radio, podcasts, music, and sport content. SXL generates revenue through advertising sales across its radio and digital platforms.

Short position

short percentage0.46%
reported shorts2.2M
shares on issue478.779M

Southern Cross Media Group (ASX:SXL) has 0.46% of its shares on issue reported as short positions as of 5 Oct 2026, or about 2,178,671 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has risen 0.07 percentage points. Its highest recorded short interest was 10.52% in November 2022. SXL is classified in the Media & Entertainment industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Southern Cross Media Group (SXL) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$1.11Bvs $421.7M (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
−$13.1Mvs $9.2M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
−$0.036vs $0.038 (FY25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+162.8%FY
EPS YoY
n/mTTM

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
86.5%
Operating margin
−5.1%
Net margin
−1.2%
FCF margin
−0.5%
ROE
−4.6%
ROA
−1.0%
FCF conversion
n/a
Net debt (excl. leases)
$358.4M
Net debt / EBITDA
2.3×
Current ratio
1.6×
Interest cover
−2.0×
Cash dividends paid / net profit
n/a
Market cap
$256.1M
P/E
n/a
P/B
0.7×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

SXL income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$1.11B$421.7M$499.1M$504.0M
Gross profit$959.0M$334.4M$374.4M$377.8M
Operating income−$56.4M$27.2M$21.3M$41.7M
EBITDA$143.8M$53.7M−$276.8M$67.8M
EBIT$24.5M$23.7M−$307.9M$38.6M
Interest expense$27.6M$13.1M$12.7M$11.3M
Pretax income−$3.1M$10.6M−$320.6M$27.3M
Tax$664.0K$4.2M−$96.0M$8.1M
NPAT−$13.1M$9.2M−$224.6M$19.1M
Net interest income−$37.8M−$18.3M−$18.9M−$16.8M
EPS basic−$0.036$0.038−$0.94$0.077
EPS diluted−$0.036$0.038−$0.94$0.076
Shares478.8M239.9M239.9M239.9M