Radio / Television News

DHX Media sees revenue, profits, skyrocket in “year of tremendous growth”

HALIFAX – DHX Media ended fiscal 2015 on a high note, posting a 127% jump in revenues and a 150% leap in profits.For the fiscal year ended June 30, 2015, the broadcaster, creator, producer and marketer of family entertainment reported revenues of $264.0 million, up from $116.1 million year-over-year, and net income of $19.5 million, more than double last year’s $7.8 million.Adjusted net income of $38.4 million was up 239% from $11.3 million for fiscal 2014, while adjusted EBITDA grew 144% to $90.2 million, from $37.0 million last year.  Gross margin for fiscal 2015 was $145.04 million, an increase in absolute...