The RJRGLEANER Communications Group is reporting improved financial performance for the quarter ended September 30, 2025, despite lower revenues when compared to the same period last year.
According to the company's unaudited financial statements, the group recorded a pre-tax loss of $96 million, an improvement on the $118 million loss posted in 2024.
The after-tax loss also narrowed to $79.5 million down from $103 million last year.
While revenues fell by $172 million or 11.6%, the group managed to significantly reduce its operational cash outflows. Cash used in operations declined from $208.8 million in 2024 to $35.3 million this year, a positive turnaround of more than $173 million.
The group attributed the decline in revenue mainly to the cyclical nature of major international sports broadcasts, noting that last year's figures benefitted from coverage of the 2024 Olympic Games, whereas this year's World Championships generated lower returns.
Despite the revenue dip, the RJRGLEANER Group says it remains financially resilient and focused on long-term growth. It continues to pursue its digital transformation strategy aimed at expanding its reach across platforms and strengthening engagement with the Caribbean diaspora.
The group has also intensified efforts to streamline operations, unify sales and marketing strategies, and optimise content production across its radio, television, print, and digital divisions.
comments powered by Disqus
_logo.png){kind=logo}
All feeds
