Impressive financial rise for Sirius Media in 2023

SIRIUS MEDIA, integrating activities from its subsidiary SIRIUS MEDIA Production since December 2022, announces remarkable growth in its revenues for 2023 with figures significantly higher than the previous year. The group recorded a 50% increase in revenue, with a total of 27 million euros. The gross margin also saw an impressive increase of 86%, amounting to 23.4 million euros.

Operating income showed growth of 64% to reach 29.5 million euros. This favorable development is mainly the result of revenues generated by the distribution of content from its subsidiary, including a major animated film project entitled “Urban Jungle”. For 2024, Sirius Media anticipates an acceleration in revenues, in particular thanks to the release of its new animated film “Zak and Wowo, The Legend of Lendarys”, which should further boost the group's turnover.