Market: Helsinki Symbol: ALMA ISIN: FI0009013114 Industry: Media
Alma Media is a dynamic digital service business and media company with a strong capacity for renewal. The company’s best-known brands are Kauppalehti, Talouselämä, Iltalehti, Etuovi.com and Monster. Alma Media builds sustainable growth expanding its offering from media to related digital services fulfilling the needs of users’ everyday life as consumers and as professionals in business. Alma Media operates in 11 countries in Europe. Alma Media employs approximately 1,700 professionals. Alma Media’s revenue from continuing operations was EUR 305 million in 2023. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com
Key Figures
MEUR 2023
Q4
2022
Q4
Change
%
2023
Q1-Q4
2022
Q1-Q4
Change
%
Revenue 78.0 78.7 -0.9 304.9 308.7 -1.2
Marketplaces 34.3 34.1 0.8 141.4 138.3 2.3
Media 27.6 28.6 -3.6 103.2 107.8 -4.3
- of which digital 62.2% 61.4%   61.1% 60.6%  
Service revenue 16.1 16.0 0.4 60.3 62.6 -3.7
- of which digital 76.0% 73.6%   79.2% 74.8%  
Adjusted total expenses 61.5 63.5 -3.1 231.8 235.7 -1.7
Adjusted EBITDA 21.0 19.6 7.5 91.0 90.6 0.4
EBITDA 20.4 19.3 5.6 90.6 97.2 -6.8
Adjusted operating profit 16.7 15.2 9.7 73.6 73.4 0.3
% of revenue 21.5 19.4   24.1 23.8
Operating profit (loss) 15.8 15.0 5.7 73.0 80.0 -8.7
% of revenue 20.3 19.0   23.9 25.9  
Profit for the period 10.6 16.3 -34.6 56.4 71.9 -21.6
Earnings per share, EUR 0.13 0.20   0.69 0.88  
             
Digital business revenue 63.4 63.1 0.5 251.2 249.7 0.6
Digital business, % of revenue 81.3 80.2   82.4 80.9  
Major Shareholders (30.04.2024)
  Holdings Holdings, %
1  Otava Oy 25,686,167 31.18
2  Mariatorp Oy 15,675,473 19.03
3  Ilkka Oyj 8,993,473 10.92
4  Varma Mutual Pension Insurance Company 5,627,994 6.83
5  Ilmarinen Mutual Pension Insurance Company 3,221,695 3.91
6  Nordea Nordic Small Cap Fund 1,859,045 2.26
7  Elo Mutual Pension Insurance Company 1,467,047 1.78
8  Evli Finland Select Fund 1,287,616 1.56
9  Veljesten Viestintä Oy 851,500 1.03
10  Keskisuomalainen Oyj 808,317 0.98
Notes:
On 11 February 2020, Alma Media announced the sale of its regional news media business and printing operations to Sanoma Media Finland. The divested businesses are reported as discontinued operations. The divested businesses were previously reported under the Alma Consumer segment. The income statement figures presented represent only the Group’s continuing operations. The balance sheet and cash flow figures include both continuing and discontinued operations.