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. Its segments include Television, Radio, Print, Membership & Royalty, Digital, and Other and Corporate operations. The Television segment consists of the specialty and conventional television stations (Vision TV, ONE TV, Joy TV in Vancouver, and FAITH TV in Winnipeg). The Radio segment consists of its four radio stations and is involved in the sale of advertising. The Print segment publishes ZOOMER magazine, On The Bay magazine and Tonic. The Membership & Royalty segment includes the operating activities of the Canadian Association of Retired Persons (CARP) as well as membership and marketing services to CARP. The Digital segment consists of the operations of the digital companies, FreshDaily, Buzz, Museland, Peak, and Curiocity and Titus. Other activities include the production of ZoomerShows, and other trade and consumer shows directed to the 45plus age group.

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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