SEN group reports profit and ongoing EBTIDA of over $10m

SEG, owner of sports and racing broadcaster Sports Entertainment Network, has reported an annual profit of close to $23m after the sale of the Perth Wildcats and with the rest of its business beginning to perform.

Excluding the sale of Wildcats and some other assets, the business reported $110.24m of revenue from its ongoing operations, with an underlying EBITDA (earnings before interest, tax, depreciation and amortisation) of $10.53m.

SEG CEO Craig Hutchison

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