3rd Feb 2026 12:03
(Alliance News) - LBG Media PLC on Tuesday announces a surge in Direct UK and Direct US revenue amid a fall in Indirect Web revenue, as interim profit fell declined.
The Manchester, England-based digital entertainment company that runs comedic social media accounts such as LADBible said pretax profit fell 3.4% to GBP14.0 million in the financial year ended September 30 from GBP14.5 million a year ago.
Adjusted earnings before interest, tax, depreciation and amortisation rose 2.9% to GBP25.2 million from GBP24.5 million.
Revenue rose 7.0% to GBP92.2 million from GBP86.2 million. Direct UK revenue was up 11% to GBP30.0 million from GBP27.0 million, while Direct US revenue climbed 29% to GBP18.6 million from GBP14.5 million. Direct Ireland & rest of world revenue dove 56% to GBP1.1 million from GBP2.4 million.
Indirect Social revenue grew 12% to GBP25.3 million from GBP22.5 million, while Indirect Web revenue fell 13% to GBP16.2 million from GBP18.7 million.
Cash as at September 30 stood at GBP30.8 million, up 13% from GBP27.2 million a year prior.
Chief Executive Officer Solly Solomou said: "We are accelerating our investment to make the most of our healthy pipeline and the opportunity from major brands who are looking to our scale, content and appeal to reach young adults. Our strong cash generation supports this investment and also selective add-on acquisitions where we see a compelling strategic fit. Our positive momentum in our direct revenue streams, progress in the US, strong pipeline and audience engagement support the board's confidence of further progress in financial year 2026."
LBG Media shares were 4.8% lower at 86.60 pence each on Tuesday around noon in London.
By Tom Budszus, Alliance News slot editor
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