Atresmedia grows in net income and achieves an EBITDA of 173.1 million

The group Atresmedia In 2023, it achieves net income of 971.4 million euros, which represents an increase of 2.2% compared to the previous year. The Gross Operating Result (EBITDA) is 173.1 million euros, compared to 172.8 million euros in 2022.

The Consolidated Profit includes the net effect of a lower corporate tax expense amounting to 52.5 million euros corresponding to the accounting of tax credits to be offset, whose recovery periods and amounts have been re-estimated as a result of ruling 11/2024 of the Constitutional Court dated January 18, 2024, which annuls Royal Decree Law 3/2016.

Without this effect, the Net Profit for the year would have reached 118.5 million euros, 5% more than in 2022.
Regarding advertising investment in its different media, it increased by 4.1% in 2023. He television medium grows 2.9% and the radius by 5.2%, in both cases including their digital markets.

Los net advertising revenue in audiovisual content grow 1.2%, taking advantage of the audience leadership and the new content marketing strategy, reaching 783.8 million euros in the period. These income include all advertising income from the commercialization of spaces on the media in which the Group operates (TVlineal, connected TV, Atresplayer, digital channels, influencer marketing, own websites and third-party editorial media).

In it digital business, Atresmedia remains the leading audiovisual group on the Internet4. It achieves an average of 25.5 million unique visitors, and reaches seventh place in the ranking of the most visited sites in Spain.

The income of production and distribution of content reached 76.1 million euros compared to 70.9 million euros the previous year, an increase of 7.4% mainly explained by international content sales, B2C and B2B income from the SVOD platform Atresplayer and the Cinema business.

The movies of Atresmedia Cinema in exploitation during the year represent 26% of the collection of Spanish Cinema, positioning three of them among the ten highest-grossing Spanish films of 2023.

Los other income, which mainly include events, licenses, editorial rights and sales of the Waynabox travel platform (incorporated into the Group in March of this year), reach 43.6 million euros compared to 39.9 million euros in 2022.

Radio

The Atresmedia group's radio business reached net income of 77.0 million euros in 2023, compared to the 75.6 million euros obtained in the previous year, which represents a growth of 1.9%. Atresmedia Radio has an average audience of 2.9 million listeners.

Onda Cero consolidates its position with 1.9 million listeners and remains the third option in the field of general radio stations. Regarding thematic radios, Europa FM registers 0.9 million listeners, and Melodía FM 81 thousand.