Grupo Media Capital, SGPS, S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 01:38 pm EDT
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Grupo Media Capital, SGPS, S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was EUR 157.74 million compared to EUR 137.61 million a year ago. Net loss was EUR 4.08 million compared to EUR 11.1 million a year ago. Basic loss per share from continuing operations was EUR 0.0483 compared to EUR 0.1313 a year ago. Diluted loss per share from continuing operations was EUR 0.0483 compared to EUR 0.1313 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%).