Thursday, September 18, 2025

Latest

Corus Entertainment Posts $1.5 Billion In Revenue For Fiscal Year 2021

Corus Entertainment Inc. (TSX: CJR.B) announced today its financial results for the full fiscal year 2021 ending August 31, 2021. The results highlighted $1.54 billion in annual revenue, a marginal increase from 2020’s $1.51 billion.

“The benefits we are seeing from the disciplined execution of our strategic plan, in concert with emerging powerful tailwinds from the economic recovery, have resulted in yet another impressive quarter of top and bottom-line growth,” said Corus Entertainment CEO Doug Murphy.

Around $1.45 billion of the annual revenue was generated from the television division while the radio division contributed $97.20 million to the topline figure.

The firm ended the year with $194.57 million in net income compared to a net loss of $607.71 million recorded last year. The annual net income translates to $0.83 earnings per share.

The company also generated a free cash flow of $251.9 million for the year, a dip from $296.2 million last year. The decrease is being attributed to higher income tax installments.

Further, the media firm ended the year also with a cash and cash equivalents balance of $43.69 million. Current assets came in at $398.98 million while current liabilities ended at $552.35 million.

Corus Entertainment last traded at $5.82 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Corus Q1 Earnings: Drowning in Debt

What do you do when you operate in a dying industry that has no hope...

Sunday, January 19, 2025, 03:39:00 PM

Tables Turn on Shaw Family as Rogers Deal Threatens Their Media Holdings

The Shaw family, once a powerhouse in Canadian telecommunications, now finds itself on the receiving...

Wednesday, August 14, 2024, 11:14:00 AM

Corus Entertainment CEO Takes Early Retirement After Losing Warner Bros Licensing Deal

The CEO of Corus Entertainment (TSX: CJR.B), Doug Murphy, has thrown in the towel, announcing...

Monday, June 17, 2024, 09:21:13 AM

Corus Entertainment Takes 67% Profit Hit As Revenue Falls 10% In Fiscal Q2 2025

Corus Entertainment (TSX: CJR.B) revealed a steep drop in its fiscal 2025 second-quarter performance, with...

Friday, April 11, 2025, 09:51:00 AM

Corus Entertainment’s Q1 2025 Revenue Falls 12%, Profit Down 30%

Corus Entertainment Inc. (TSX: CJR.B) released its fiscal 2025 first-quarter financial results this morning, painting...

Friday, January 10, 2025, 12:13:00 PM