Revenue Performance: In Q4 2024, News Corporation achieved a revenue of $2.577 billion, a significant year-over-year growth of 5.92% and sequential growth of 29.24% from Q3. This growth can be attributed to a recovery in advertising revenues and increased subscription services.
Profitability: The company's net income reached $50 million, with an EPS of $0.09, marking an impressive 742.86% increase year-over-year and an 80% increase quarter-over-quarter, showcasing improved operational efficiency and cost management.
Balance Sheet and Cash Flow: News Corporation maintains a strong balance sheet with $1.96 billion in cash and equivalents, and a current ratio of 1.43, demonstrating good short-term liquidity. Free cash flow for the quarter was reported at $111 million, emphasizing the companyΓ’β¬β’s capability to generate cash from its operations.