$BBGI
BEASLEY BROADCAST GROUP INC

2016 Form 10-K Financial Statement

#000119312517093457 Filed on March 23, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q1
Revenue $136.7M $28.41M $24.25M
YoY Change 28.99% 53.07% 87.19%
Cost Of Revenue $96.70M $19.40M $17.81M
YoY Change 27.91% 58.24% 85.33%
Gross Profit $40.00M $9.010M $6.440M
YoY Change 32.01% 43.02% 92.24%
Gross Profit Margin 29.27% 31.71% 26.56%
Selling, General & Admin $10.30M $1.930M $2.440M
YoY Change 14.44% -8.53% 7.02%
% of Gross Profit 25.75% 21.42% 37.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.200M $1.010M $1.119M
YoY Change 106.67% 50.75% 84.46%
% of Gross Profit 15.5% 11.21% 17.37%
Operating Expenses $74.08M $2.950M $21.68M
YoY Change -19.74% 4.24% 75.52%
Operating Profit $62.59M $6.060M $2.575M
YoY Change 358.6% 74.64% 324.89%
Interest Expense $6.598M -$1.010M $948.0K
YoY Change 66.28% 4.12% -22.53%
% of Operating Profit 10.54% -16.67% 36.81%
Other Income/Expense, Net $564.2K $390.0K $471.8K
YoY Change -36.02% 1850.0% 1947.85%
Pretax Income $55.79M $4.870M $2.099M
YoY Change 457.69% 501.23% -452.99%
Income Tax $8.298M $1.600M $800.5K
% Of Pretax Income 14.87% 32.85% 38.14%
Net Earnings $47.49M $3.270M $1.298M
YoY Change 646.4% -90.34% 90.14%
Net Earnings / Revenue 34.75% 11.51% 5.35%
Basic Earnings Per Share $2.00
Diluted Earnings Per Share $1.98 $141.4K $56.74K
COMMON SHARES
Basic Shares Outstanding 23.79M shares 22.88M shares
Diluted Shares Outstanding 23.95M shares 22.91M shares

Balance Sheet

Concept 2016 2015 Q4 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.30M $14.30M $12.30M
YoY Change 41.96% 0.0% -3.15%
Cash & Equivalents $20.30M $14.32M $14.26M
Short-Term Investments
Other Short-Term Assets $27.00M $1.017M $2.017M
YoY Change 831.03% -63.47% -14.75%
Inventory
Prepaid Expenses $1.896M $2.131M
Receivables $48.20M $19.85M $17.62M
Other Receivables $7.900M $0.00 $0.00
Total Short-Term Assets $103.4M $37.08M $34.29M
YoY Change 178.71% 4.99% 1.72%
LONG-TERM ASSETS
Property, Plant & Equipment $60.20M $24.47M $28.01M
YoY Change 118.91% -13.38% 35.25%
Goodwill $3.393M $8.858M
YoY Change -61.69% -35.01%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.60M $5.455M $5.834M
YoY Change 183.87% 26.08% 0.58%
Total Long-Term Assets $558.3M $274.3M $279.8M
YoY Change 103.54% -1.63% 22.4%
TOTAL ASSETS
Total Short-Term Assets $103.4M $37.08M $34.29M
Total Long-Term Assets $558.3M $274.3M $279.8M
Total Assets $661.7M $311.4M $314.1M
YoY Change 112.49% -0.89% 19.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.200M $1.827M $853.5K
YoY Change 176.92% 63.06% -42.6%
Accrued Expenses $17.00M
YoY Change 269.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.700M $1.500M $2.891M
YoY Change 346.67% -51.81% -1.6%
Total Short-Term Liabilities $33.90M $10.90M $12.29M
YoY Change 211.01% -22.69% -1.93%
LONG-TERM LIABILITIES
Long-Term Debt $247.7M $86.50M $93.30M
YoY Change 186.36% -8.54% -7.22%
Other Long-Term Liabilities $17.00M $1.812M $789.3K
YoY Change 507.14% 141.83% -6.13%
Total Long-Term Liabilities $264.7M $1.812M $94.09M
YoY Change 196.42% -98.1% -7.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.90M $10.90M $12.29M
Total Long-Term Liabilities $264.7M $1.812M $94.09M
Total Liabilities $459.2M $177.9M $183.3M
YoY Change 158.12% -3.15% 8.5%
SHAREHOLDERS EQUITY
Retained Earnings $29.30M $27.33M
YoY Change 8.26% -398.13%
Common Stock $119.5M $118.8M
YoY Change 0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.36M $15.35M
YoY Change 1.68% 1.75%
Treasury Stock Shares 2.882M shares 2.878M shares
Shareholders Equity $202.5M $133.5M $130.8M
YoY Change
Total Liabilities & Shareholders Equity $661.7M $311.4M $314.1M
YoY Change 112.49% -0.89% 19.74%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q1
OPERATING ACTIVITIES
Net Income $47.49M $3.270M $1.298M
YoY Change 646.4% -90.34% 90.14%
Depreciation, Depletion And Amortization $6.200M $1.010M $1.119M
YoY Change 106.67% 50.75% 84.46%
Cash From Operating Activities $17.15M $4.450M $1.564M
YoY Change 19.34% 18.67% -62.88%
INVESTING ACTIVITIES
Capital Expenditures $2.941M -$320.0K $462.6K
YoY Change 38.12% -25.58% -61.09%
Acquisitions $86.76M
YoY Change
Other Investing Activities -$86.18M $2.470M $90.00K
YoY Change -3440.31% 2644.44% -10.0%
Cash From Investing Activities -$89.62M $2.150M -$560.6K
YoY Change -161661.0% -732.35% -51.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $198.2K $237.6K
YoY Change -22.11% -32.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 78.48M -3.380M -2.916M
YoY Change -646.17% 42.62% -37.14%
NET CHANGE
Cash From Operating Activities 17.15M 4.450M 1.564M
Cash From Investing Activities -89.62M 2.150M -560.6K
Cash From Financing Activities 78.48M -3.380M -2.916M
Net Change In Cash 6.007M 3.220M -1.913M
YoY Change 10072.08% 209.62% 21.04%
FREE CASH FLOW
Cash From Operating Activities $17.15M $4.450M $1.564M
Capital Expenditures $2.941M -$320.0K $462.6K
Free Cash Flow $14.21M $4.770M $1.102M
YoY Change 16.07% 14.11% -63.59%

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