Macquarie Radio Network Limited reported earnings results for the six months ended December 31, 2012. For the period, the company's revenue from controlled operations (excluding MTR Melbourne) increased by 2.5% over the previous corresponding period to AUD 31.5 million. Reported EBITDA increased by 50% on previous corresponding period to AUD 7.4 million. Underlying EBITDA decreased by 38% over the previous corresponding period to AUD 5.8 million. Reported NPAT increased by 100% on previous corresponding period to AUD 4.5 million. Underlying NPAT decreased by 56% on previous corresponding period to AUD 2.9 million. Revenue was AUD 29.7 million against AUD 33.0 million for the same period a year ago. Profit before tax was AUD 6.4 million against AUD 3.8 million for the same period a year ago. Diluted earnings per share were 5.73 cents against 2.80 cents for the same period a year ago. Net cash provided by operating activities was AUD 5.1 million against AUD 2.5 million for the same period a year ago. Payment for property, plant and equipment was AUD 0.349 million against AUD 0.215 million for the same period a year ago. The company declared interim dividend of 5 cents per share, fully franked, a 2.5 cent increase on prior year and equal to the highest interim dividend paid by MRN. The dividend will be payable on March 15, 2013 to all shareholders registered at March 1, 2013. The company remain confident that the full year 2013, EBITDA guidance of 15% to 20% reduction on prior year will be achieved. With the removal of the loss making MTR, reported EBITDA levels for the full year are expected to exceed 100% growth on prior year.

Macquarie Radio Network Limited announced that they will report first half, 2013 results on Feb 18, 2013

Macquarie Radio Network Limited announced that the annual general meeting held on November 15, 2012, the board elected Jack Singleton as Director.