UK's Catalyst Media interim net loss narrows on lower SIS losses

Catalyst Media

31/03/2026 07:09

Overview

UK media investment firm's interim net loss narrowed yr/yr as SIS losses decreased

SIS revenues rose but racing market remains challenging, with headwinds expected in Q4

Company completed £90,051 share buyback and received £0.35 mln dividend from SIS

Outlook

Catalyst Media says SIS expects margin and rights headwinds to impact full-year results

Company expects SIS's non-racing business to continue growing with new customers and events

Catalyst Media expects group overheads to remain at consistently low levels

Result Drivers

NON-RACING GROWTH - SIS said its non-racing business (eSports and Numbers) saw significant growth from more customers, higher event volumes and increased revenue from existing customers

RACING MARKET CHALLENGES - SIS said market conditions for racing remain challenging, with declining betting turnover in the UK impacting content revenues

NEW PRODUCTS - SIS launched two additional 49s numbers draws and a third esports title, eAmerican Football, which contributed to growth

Company press release: ID:nRSe7069Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
-GBP 150,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)