"Our efforts to broaden our digital footprint have begun to show results, especially in the subscription video service segment."
— CFO of News Corporation
03Detailed Report
0K7U.L
News Corporation
Period
Q4 2024
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 15, 2026
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Executive Summary
In Q4 2024, News Corporation reported robust growth driven by its diverse portfolio within the media and entertainment sector. The company achieved total revenue of $2.577 billion, reflecting a 29.24% increase compared to the previous quarter, and a remarkable 5.92% annual increase. Net income skyrocketed to $50 million, marking a staggering 725% year-over-year growth. Despite facing challenges within the industry, management remains optimistic about the company's strategic initiatives, primarily focused on digital expansion and enhancing subscriber services.
Key Performance Indicators
Revenue
Increasing
2.58B
QoQ: 29.24% | YoY: 5.92%
Gross Profit
Increasing
2.58B
1.00% margin
QoQ: 29.24% | YoY: 162.42%
Operating Income
Increasing
188.00M
QoQ: 29.66% | YoY: 15.34%
Net Income
Increasing
50.00M
QoQ: 66.67% | YoY: 725.00%
EPS
Increasing
0.09
QoQ: 80.00% | YoY: 742.86%
Revenue Trend
Margin Analysis
Financial Highlights
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 company’s capability to generate cash from its operations.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
2.58B
5.92%
29.24%
Gross Profit
2.58B
162.42%
29.24%
Operating Income
188.00M
15.34%
29.66%
Net Income
50.00M
725.00%
66.67%
EPS
0.09
742.86%
80.00%
Key Financial Ratios
Gross Profit Margin
Weak
1.00%
Gross profit margin is below industry norms, profitability concerns
Operating Profit Margin
Fair
7.30%
Operating margin is moderate, room for improvement in cost management
Net Profit Margin
Weak
1.94%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
0.30%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
0.62%
Return on equity suggests inefficient capital allocation
Current Ratio
Adequate
1.43
Current ratio meets minimum requirements but limited cushion
Debt to Equity
Moderate
0.50
Debt-to-equity indicates balanced capital structure with manageable debt
P/E Ratio
High Growth
77.78x
Very high P/E indicates aggressive growth expectations, higher risk
Price to Book
Fair Value
1.92x
Price-to-book ratio reasonable for profitable companies
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