OR Alter Ego Mediathe large media group of the country, held today, June 17, 2025, in his “Hermes” hall Athens Shipowner the annual regular general meeting of its shareholders.
After the law required and the statute of the statutes was achieved, with the participation of 82.79% of all the shares and the rights of the company, all the issues of the agenda was voted in voting, including:
-Dividend distribution from profits of 2024 amount of € 0.10 per share before tax, with a cut -off date June 23, 2025.
-Appointment of an optional three-year dividend reinvestment program (2025-2027) up to a maximum of € 30 million.
-Appointment of a long -term free shares program to executives and officials of the Group, up to 3% of the company’s share capital over a five -year period.
-Proper acquisition of the same shares, two years with a price range per share from € 1.00 to € 8.00.
During the General Assembly, Alter Ego Media CEO, Mr. Yiannis Brentzos, presented the annual report of 2024, as well as the prospects and goals of the Group for 2025.
Presenting the main financial results of the Group for 2024, Mr. Brentzos commented: “2024 was a landmark for the group as impressive growth in all areas of activity and completed with remarkable success and significant over-cover of 11.9 times, the importing of about 50.9 times.”
For 2025, and based on the image that emerges from the first five months, the administration expressed its optimism that even during the current use the Group would have very satisfactory financial performance. In particular, the turnover of the Group is expected to move up against last year, mainly due to the estimated increase in advertising revenue.
Group’s operating expenses as a percentage of turnover are estimated to be reduced, resulting in improvement in operating profitability margins.
Investments in idiopathic television programs and rights of television programs are estimated to be reduced compared to previous use, due to completion in 2024 investments in high -value television programs (“Maestro” and “Famagusta”), with the result that the depreciation of intangible assets will be reduced by 20.
Net financial expenses for the use of 2025 are estimated to be reduced compared to the use of 2024 due to the company’s significant cash cash on the pension funds of public offering. As a result of the above, the Group’s net profitability is expected to be significantly boosted.
Mr. Brentzos said that the total net raised funds from the public offer of approximately € 50.8 million will be allocated by Alter Ego Media to finance the investment program, which includes:
-Excellence and participation in third -party companies and investments in Alter Ego Ventures SA
-Cay to technology, installations and fixed equipment and
-Content and obtain copyright rights of audiovisual content.
The successful implementation of the investment plan is estimated to further enhance the activity and results of the Group.
Finally, it is worth noting that Alter Ego Media’s share will be included in the General Price Index of ATHEX. as well as FTSE Russell Micro Cap and Total Cap indicators.