About SouthernCrossAustereo
SouthernCrossAustereo is a company based in Sydney (Australia) founded in 2004 was acquired by Macquarie Media in July 2007.. SouthernCrossAustereo has raised $5 million across 2 funding rounds from investors including OVO Mobile and Macquarie Media. SouthernCrossAustereo has completed 3 acquisitions, including Authentic Entertainment, Press Start Australia and Redwave Media. SouthernCrossAustereo offers products and services including Radio Broadcasting and Television Broadcasting.
- Headquarter Sydney, Australia
- Stage Public
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Southern Cross Media Group Limited
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Annual Revenue
$278.64 M (USD)4.97as on Jun 30, 2025
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Net Profit
$5.2 M (USD)103.5as on Jun 30, 2025
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EBITDA
$37.82 M (USD)41.1as on Jun 30, 2025
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
OVO Mobile
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Authentic Entertainment
& 2 more
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Acquired by
Macquarie Media
(Jul 03, 2007)
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IPO & Listings of SouthernCrossAustereo
SouthernCrossAustereo is a publicly listed company on the ASX with ticker symbol SXL in Australia, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of SouthernCrossAustereo
SouthernCrossAustereo offers a comprehensive portfolio of products and services, including Radio Broadcasting and Television Broadcasting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Radio broadcasting is conducted by Southern Cross Austereo through FM, AM, and DAB+ stations to deliver content to listeners nationwide.
Television broadcasting is provided by Southern Cross Austereo for free-to-air stations and programming representation in various regions.
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Funding Insights of SouthernCrossAustereo
SouthernCrossAustereo has successfully raised a total of $5M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(15 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Grant - SouthernCrossAustereo | Valuation |
investors |
|
| Jan, 2018 | Amount | Series A - SouthernCrossAustereo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SouthernCrossAustereo
SouthernCrossAustereo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include OVO Mobile and Macquarie Media. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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MVNO targeting sports and entertainment fans
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Founded Year | Domain | Location | |
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Radio broadcasting services are provided across Australia by Macquarie Media.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SouthernCrossAustereo
SouthernCrossAustereo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Authentic Entertainment, Press Start Australia and Redwave Media. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Gaming news and reviews portal from Australia
|
2013 | ||||
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Hotels are operated by Authentic Entertainment in Australia.
|
1984 | ||||
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Radio station operations are managed in Perth, Australia.
|
0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - SouthernCrossAustereo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Southerncrossaustereo Comparisons
Competitors of SouthernCrossAustereo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Southerncrossaustereo
Frequently Asked Questions about SouthernCrossAustereo
When was SouthernCrossAustereo founded?
SouthernCrossAustereo was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Where is SouthernCrossAustereo located?
SouthernCrossAustereo is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is SouthernCrossAustereo a funded company?
SouthernCrossAustereo is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 15, 2018.
What is the annual revenue of SouthernCrossAustereo?
Annual revenue of SouthernCrossAustereo is $278.64M as on Jun 30, 2025.
What does SouthernCrossAustereo do?
Southern Cross Austereo was founded in 2004 and is headquartered in Sydney, Australia. Operations span the entertainment media sector, including 80 radio stations, 21 commercial television licenses, and regional free-to-air TV services. Digital platforms are also managed to support broader content distribution. As of May 2017, coverage extends to 95 of the Australian population through these channels.
What products or services does SouthernCrossAustereo offer?
SouthernCrossAustereo offers Radio Broadcasting and Television Broadcasting.
Is SouthernCrossAustereo publicly traded?
Yes, SouthernCrossAustereo is publicly traded on ASX under the ticker symbol SXL.
How many acquisitions has SouthernCrossAustereo made?
SouthernCrossAustereo has made 3 acquisitions, including Authentic Entertainment, Press Start Australia, and Redwave Media.
Who are SouthernCrossAustereo's investors?
SouthernCrossAustereo has 2 investors. Key investors include OVO Mobile, and Macquarie Media.
What is SouthernCrossAustereo's ticker symbol?
The ticker symbol of SouthernCrossAustereo is SXL on ASX.