MediaCo Holding Inc. reported strong financial results for the second quarter and first half of 2025, demonstrating significant growth and reduced losses. Net revenues for Q2 2025 surged to $31.245 million, a 19% increase from $26.202 million in the prior-year period.
For the first half of 2025, net revenues climbed 80% to $59.275 million from $32.908 million in H1 2024. The net loss for Q2 2025 dramatically decreased by 82% to $8.800 million from $48.307 million in Q2 2024, while H1 2025 net loss improved by 67% to $17.406 million.
Adjusted EBITDA for Q2 2025 reached $1.791 million, a 134% increase, and for H1 2025, it was $2.918 million, up 165%. First half digital revenue saw a 345% surge, now accounting for 33.0% of total advertising income, indicating successful monetization of the company's digital-first strategy.
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