ZoomerMedia Ltd V.ZUM

Alternate Symbol(s): ZUMRF

Communication Services

ZoomerMedia Limited is a multimedia company engaged in creating content, services, and experiences for Canada's audiences. The Company’s Television segment consists of its specialty and conventional television stations (Vision TV, ONE TV, Joy TV in Vancouver, FAITH TV in Winnipeg, and TVL Channel 5). Its Radio segment consists of the Company’s radio stations. Its Print segment publishes ZOOMER magazine, On The Bay magazine, and Tonic. Its Membership & Royalty segment includes the operating activities of the Canadian Association of Retired Persons (CARP) as well as membership and marketing services to CARP. Its Digital segment consists of the operation of the digital companies, such as blogTO and Daily Hive, as well as the operation of EverythingZoomer.com and other digital platforms. Its other activities include the production of ZoomerShows, and other trade and consumer shows directed to the 45 plus age group. It operates five TV, two radio, three print, and 22 digital properties.

TSXV:ZUM - Post by User

ZoomerMedia Ltd

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Post by nozzpackon Jul 27, 2020 8:01am

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Post# 31322674

TV Ebitda Margin at Record high

The new CFO is doing exactly what he was hired for.................increase operating margins and then sell the asset.

TV had revenues of $8.2 million in Q3 and an Ebitda of 57 % compared to 45 % in the comparable quarter for 2019..

At some point, the remaining assets will be sold either singly or as part of a composite deal.

Owners are getting old and they want their investment monetized.

Its just a question when..

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Now trading on the TSX Venture Exchange: Kootenay Resources Inc.