Open Data Albania is looking into the revenues and profits made from business companies licensed as audiovisual media. The data presented in the research were obtained from the National Business Center (NBC) and include only statistics concerning companies  equipped with a Media License and an active NIPT. The numbers are presented in a well-structured format in the Open Corporates Albania database, in the media business category.

Out of 51 companies licensed as audiovisual media, only 36 of them possess a license and an active NIPT as of March 1, 2023.



Table: Active entities licensed by the AMA as Audiovisual Media
Source: NBC, Open Corporates
Comments and Analyses: Open Data Albania

The research shows that, regarding the year 2021, the total income for 25 Audiovisual medias – that have reported financial statements –  is about ALL 10.4 billion combined. During 2020, which also coincides with the beginning of the pandemic, the total income for the same medias was fixed at ALL 9.7 billion. Therefore, in the span of one year, the turnover of the market in question has increased by a full 7.05 %.

As for the Profit after Tax made by these media organizations, it has resulted in a negative figure (loss), which is even higher than the combined profit made by them in  2021; whereas, in 2020 the comined profit was declared in the amount of ALL 423,160,095 (four hundred and twenty three million one hundred sixty thousand ninety five).



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Comments and Analyses: Open Data Albania

Digitalb scored the highest posiotion in terms of income. This media business represents about 40% of revenues in the Audiovisual Media sector, at the very least among the 25 companies that have published their financial statements for 2021. Even during 2020, the company still held the first place, with revenues of about ALL 4.6 billion. In second place comes Klan Television, with around ALL 2 billion in revenues. The company’s income constitutes 20% of the total income from audiovisual media businesses, and the latter was also ranked second with ALL 1.4 billion income in 2020. Same as last year, positioned in third place stands Top Channel television, which reports about ALL 1.6 billion in revenue for 2021, representing a portion of 15% of the total revenues made by the audiovisual media entities under examination.

Euro News, moving up three places compared to the previous year, its positioned in fourth place, with ALL 410 million revenue for 2021. Standing in the fifth place is ABC News with ALL 405 million in revenue for 2021, having moved up 5 places compared to the previous year.

The further ranking of business companies licensed as media, based on the annual revenue for the year 2021, continues with A2, Vizion +, Report Tv, Tv Scan, Syri Tv, Fax News, Tv Ora, ADTN, Tv Ora News, etj.

There are, on the other hand, three medias with the low reported revenue for 2021: Sot 7, with revenues of ALL 1.4 milion; Shijak Tv with revenue of ALL 467 000; and lastly, Tema Television, positioned in last place with ALL 0 reported revenue for 2021.



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Comments and Analyses: Open Data Albania



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Comments and Analyses: Open Data Albania



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Comments and Analyses: Open Data Albania

When it comes to Profit, Klan Television and Top Channel move up the ladder by one position, in the ranking based on earnings. The first, Klan television, takes up the top spot with a reported profit of about ALL 191 million, which comprises a profit margin of 9.4% when against revenue. Meanwhile, in second place, Top Channel declared a profit in the amount of ALL 169 million in 2021, resulting in a higher profit margin, of 10.6%.

An even higher profit margin, 34%, compared to their respective revenue for 2021 was reported by Report Tv, which scored the third place, with ALL 115 milion profit, based on the earnings made by media companies. The ranking continues further with ABC News, who profited ALL 98 milion; Euro News ALL 16 milion; Fax News ALL 14 milion; etc. Throughout 2021, the medias with a positive financial outcome, i.e. with a profit, marked a combined earned value close to ALL 620 million.

Whereas, the televisions or medias that reported losses (negative financial outcome) for the year 2021, are Star Plus, Club Tv, Shijak Tv, Tv Sot 7, Tema Tv, UTV Education, Scan Tv and Digitalb.



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Comments and Analyses: Open Data Albania



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Comments and Analyses: Open Data Albania

The analyses only focused on the media companies that have reported, submitted and published their financial statements for the year 2021 to the NBC; namely, out of 36 active medias in the country, only 25 have published their financial statements. In addition to this article, in the Open Corporates Albania Database, you will find, for each business company licensed as audiovisual media, a Passport containing well-structured information about the establishment, object of activity, shareholders over the years, origin of capital, legal issues is accessible. and economic performance.

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Comments and Analyses: Open Data Albania
Contributed by: Pajtim Nikolli
Translated by: Rezarta Cushaj