OMiP’s divestment of TCAT in November 2024 has enabled the Group to refocus on its core music rights business, while preserving upside exposure to TCAT’s future growth through a minority holding. The Group’s 1H25 results reflect a resilient performance in the continuing operations, with EBITDA up 7% YoY (to £1.2m) as tight cost control boosted margins. Trading remains in line with expectations for the full year. We slightly lower our FY25E revenue growth assumptions due to fewer sync placings, w ....
