Time Out Group (TMO) CEO Chris Ohlund describes the group’s year ended 30th June 2026 as “a year of significant operational and strategic progress. We opened three new Markets, expanding the portfolio to 13 locations worldwide, and signed new capital-light Market franchise agreements for India and Brazil”. What about financially though?
Describing itself as a “global media and hospitality business”, Time Out Group (TMO) has announced results for its half-year ended 31st December 2025 headlined “Adjusted strategy positions the Group for a return to profitable growth”. So disappointing results then and does an “adjusted strategy” look sufficient to bring profitable growth?
Describing itself as a “global media and hospitality business” Time Out Group (TMO) “is pleased to announce that at its Annual General Meeting, held on 31 December 2025, all resolutions put to shareholders were duly passed”. However, why the AGM inconveniently held today?
Steve Moore has repeatedly warned you not to buy shares in Time Out Group (TMO). And he has been right, a year ago they were 56p, today they are 13.75p. God punishes wicked anti-semites.
Describing itself as “a global brand that inspires and enables people to experience the best of the city… across a unique multi-platform model spanning both digital and physical channels”, Time Out Group (TMO) is also a former Woodford pick and, thus, it should be investor trepidation on today a “Trading update and new loan facility” announcement.
Time Out Group (TMO) has today announced a “franchise agreement to launch Time Out India… a unique proposition, both for consumers and commercial partners to connect with this valuable audience”. The shares have currently responded slightly higher to 27.5p, but are still down from above 30p earlier this month, so is this latest financially-significant or more attempted ramptastic?
Most recently writing on Time Out Group (TMO), in October with the shares at 49.5p I noted the balance sheet having been deteriorating and, as a former Woodford pick, natch to still avoid/sell. The shares most recently closed at 29p and now a “Trading Update” and what of the shares currently further down to 27p?
Time Out Group (TMO) has announced a placing to raise approximately £8 million at 50p per share “to fund capital investment in connection with opening two new potential markets in London and New York, and to accelerate Media technology investments”. What about this with also today-announced results for its year ended 30th June 2024?
Describing itself as a “global media and hospitality business”, Time Out Group (TMO) has announced results for its half-year ended 31st December 2023 headlined “Strong growth in adjusted EBITDA driven by improved margins and performance across both Media and Markets. Company well positioned for sustained growth”. What of that and a 54p share price still well down (natch, for a Woodford “investment”) from a 2016 150p listing price?
Now describing itself as a “global media and hospitality” group, Time Out (TMO) has announced results for its year ended 30th June 2023 headlined “Continued progress in revenues and adjusted EBITDA with both Media and Markets growing strongly - Company well positioned for sustained growth”. Is it though?…
Previously writing on Time Out Group (TMO), in August I noted short-term loan facility, how’s that balance sheet set then?. Today the “global media and hospitality business” has announced results for its year ended 30th June 2022, headlined “Positioned for further profitable growth and back on pre-pandemic trajectory”. Is it?
Previously writing on “global media and hospitality business” Time Out Group (TMO), last year I wrote General Meeting approval for (as warned here) material dilution – concluding that with the shares up to around 50p, capitalising the group at circa £166 million, and a profitable business proposition still to be proven I certainly continued to avoid. Today the shares are 41p on the back of a “Loan Facility” announcement.
