According to corporate data, Stingray, who acquired Newcap Radio in 2018, generated over 323 million Canadian dollars in revenue in its 2023 fiscal year, which is a slight increase over the 282 million reported for the previous year.
Annual revenue generated by Stingray from 2016 to 2023
(in million Canadian dollars)
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Revenue in million Canadian dollars
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Stingray Digital Group acquired the Newfoundland Capital Corporation Ltd. in October 2018, including Newcap Radio. Stingray's fiscal year ends on March 31.
Figures for years prior to 2022 come from previous reporting.
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Stingray. (June 6, 2023). Annual revenue generated by Stingray from 2016 to 2023 (in million Canadian dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/
Stingray. "Annual revenue generated by Stingray from 2016 to 2023 (in million Canadian dollars)." Chart. June 6, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/
Stingray. (2023). Annual revenue generated by Stingray from 2016 to 2023 (in million Canadian dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/
Stingray. "Annual Revenue Generated by Stingray from 2016 to 2023 (in Million Canadian Dollars)." Statista, Statista Inc., 6 Jun 2023, https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/
Stingray, Annual revenue generated by Stingray from 2016 to 2023 (in million Canadian dollars) Statista, https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/ (last visited September 01, 2024)
Annual revenue generated by Stingray from 2016 to 2023 (in million Canadian dollars) [Graph], Stingray, June 6, 2023. [Online]. Available: https://www.statista.com/statistics/478703/newcap-radio-revenue-annual/