SIRIUS MEDIA's 2026 Half-Year Results: Debt Reduction and Cost Savings

SIRIUS MEDIA announces its 2026 half-year results, marked by a 17.5% reduction in net debt and a significant 30% year-over-year decrease in the operating cost base. The company continues its financial restructuring with net debt at €13,030K, and a debt conversion transaction which, while not affecting cash flow, impacted net income to -€113,695K.

Personnel costs were reduced by 59% to €222,000, and other external costs decreased by 16% to €968,000. The improvement in operating profit is significant despite revenue being limited to €8,000, reflecting reduced activity during the restructuring.

The group plans to transform this restructuring into a business activity, focusing on monetizing its catalog and producing content for Trace TV. SIRIUS MEDIA continues to benefit from the support of its loyal shareholders.