Learn more

By Jess Jones LAD Bible owner LBG Media has swung to a profit and posted as its global audience nears 500m. The London-listed digital entertainment company recorded a profit of £7.1m in the first half of 2024, turning around from losses of £1.2m in the same period a year ago. Total revenue grew 29 per cent on an organic basis to £42.3m, up from £27.2m in the first half of 2023, while adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) soared to £10.2m, from £3m in the prior period. The strong financial results came as LBG said its global audience increased by 20 per …

cuu