Income statement

in CHF mn

Note

2025

2024

Media revenue

82.7

90.8

Other operating revenue and other income

5

63.6

74.0

Revenues

146.3

164.8

Cost of material and services

-29.7

-31.4

Personnel expense

-65.1

-68.0

Other operating expense

5

-51.5

-58.1

Operating income / (loss) before depreciation and amortisation (EBITDA)

0.1

7.2

Depreciation and amortisation of property, plant and equipment and intangible assets

-14.6

-15.9

Impairment on investments

8

-8.1

-91.8

Operating income / (loss) (EBIT)

-22.5

-100.5

Financial income

5

73.6

183.1

Financial expense

5

-3.3

-10.5

Net income / (loss) before taxes (EBT)

47.7

72.1

Direct taxes

0.0

4.5

Net income / (loss) (EAT)

47.8

76.6