Crowd Media Records Near-breakeven Position for H1-FY2020

  • Feb 06, 2020 AEDT
  • Team Kalkine

After incurring significant losses for two consecutive financial years, global media and marketing company, Crowd Media Holdings Limited (ASX:CM8) announced its near-breakeven position for the first half of FY2020 at the underlying EBITDA level-

  • The Company’s revenue was $8.5m
  • Revenue has been stable for the final 4 months of H1-FY2020
  • The much anticipated and revenue generating strategic alliances with London Labs and I Am Kamu, which are new DTC initiatives, begin in February

The stock soared by a significant 50% as at 1:13 PM AEST and is priced at $0.030 on the ASX.



All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK