Earnings release
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oOh ! media Limited ABN 69 602 195 380 17 August 2026 ooh ! ® unmissable ASX Release Subdued 1H revenues ; strong Q3 pacing oOh ! media Limited ( ASX : OML ) ( oOh ! or the " Group " ) today announced its financial results for the half year ended 30 June 2026 ( " 1H26 " ) . Highlights : • • • • • • Scheme Implementation Agreement with I Squared announced on 10 August for $ 1.70 per share , including the 2.00c fully franked dividend ooh ! media held market share in Australia with growth at + 6 % , offset by a weak New Zealand result following the loss of Auckland Transport 1H financial earnings performance impacted by soft market conditions in Billboards - Group revenue $ 340.9M , Adjusted underlying gross margin 37.5 % and Adjusted underlying EBITDA $ 48.1M Momentum accelerating in 2H with lead indicators tracking well ahead of prior years and double - digit Q3 revenue pacing Strategic execution with Operational Excellence program and reo exit delivering $ 12M annualised savings and Transurban and Melbourne Metro contracts onboarded A strong balance sheet with gearing of 1.0x oOh ! Chief Executive Officer , James Taylor , said , " Firstly I wish to thank the Board , our team and advisors on reaching an agreement with I Squared to enter into a binding Scheme Implementation agreement on 10 August . I am thrilled by the endorsement of a sophisticated and long - term infrastructure investor in our strategy and in the future of this business . " While the bid process was underway since late April the business managed to navigate challenging first half conditions for the advertising market and has delivered on our commitment to reshape oOh ! for our next phase of growth . We are beginning to see the fruits of the decisions we have made . " In the first half , we onboarded the landmark Transurban and Melbourne Metro Tunnel contracts . We removed $ 12 million in annualised costs and capex through our Operational Excellence program and exiting the reo retail media business . The business is also confident that it has unlocked a further $ 1m to $ 2m run rate . oOh ! media Limited - Level 2 , 73 Miller Street , North Sydney , NSW Australia 2060