Financial Snapshot

Revenue
$448.0M
TTM
Gross Margin
26.18%
TTM
Net Earnings
-$39.60M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
137.87%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$52.46M
Q3 2024
Cash
Q3 2024
P/E
-4.114
Nov 29, 2024 EST
Free Cash Flow
$32.04M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $454.2M $463.1M $418.0M $371.3M $431.4M $407.9M $507.4M $516.0M $441.2M $373.9M $268.6M $222.7M
YoY Change -1.91% 10.8% 12.55% -13.92% 5.77% -19.62% -1.66% 16.95% 18.01% 39.21% 20.58%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $454.2M $463.1M $418.0M $371.3M $431.4M $407.9M $507.4M $516.0M $441.2M $373.9M $268.6M $222.7M
Cost Of Revenue $329.2M $324.9M $288.3M $282.3M $300.4M $286.1M $273.7M $299.3M $317.8M $253.4M $187.1M $154.6M
Gross Profit $125.0M $138.1M $129.7M $89.00M $131.0M $121.7M $115.8M $122.2M $123.4M $120.5M $81.40M $68.20M
Gross Profit Margin 27.53% 29.83% 31.02% 23.97% 30.37% 29.84% 22.82% 23.68% 27.97% 32.23% 30.31% 30.62%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $33.06M $28.23M $28.26M $29.00M $31.20M $28.70M $26.50M $29.60M $29.70M $62.70M $19.20M $16.30M
YoY Change 17.12% -0.12% -2.55% -7.05% 8.71% 8.3% -10.47% -0.34% -52.63% 226.56% 17.79%
% of Gross Profit 26.44% 20.43% 21.8% 32.58% 23.82% 23.58% 22.88% 24.22% 24.07% 52.03% 23.59% 23.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.20M $19.04M $19.10M $20.11M $25.84M $19.58M $18.36M $17.05M $14.70M $14.80M $14.00M $13.60M
YoY Change 0.82% -0.28% -5.02% -22.17% 31.92% 6.66% 7.69% 15.99% -0.68% 5.71% 2.94%
% of Gross Profit 15.36% 13.79% 14.73% 22.59% 19.72% 16.09% 15.86% 13.95% 11.91% 12.28% 17.2% 19.94%
Operating Expenses $52.26M $47.27M $47.36M $49.10M $57.00M $48.30M $45.00M $46.70M $47.30M $79.70M $33.30M $31.10M
YoY Change 10.55% -0.19% -3.55% -13.86% 18.01% 7.33% -3.64% -1.27% -40.65% 139.34% 7.07%
Operating Profit -$19.14M $55.59M $74.48M -$74.97M -$37.14M $17.82M $47.40M $74.50M $84.73M $40.53M $46.19M $35.15M
YoY Change -134.43% -25.36% -199.35% 101.88% -308.42% -62.41% -36.37% -12.08% 109.04% -12.24% 31.38%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $37.25M $39.83M $39.85M $31.42M $33.86M $34.27M $32.76M $34.07M $35.98M $46.50M $35.62M $28.29M
YoY Change -6.48% -0.05% 26.82% -7.21% -1.18% 4.61% -3.87% -5.3% -22.63% 30.55% 25.91%
% of Operating Profit 71.65% 53.5% 192.32% 69.1% 45.74% 42.46% 114.73% 77.12% 80.48%
Other Income/Expense, Net $5.975M -$2.044M $500.0K $820.0K -$1.073M -$811.0K -$363.0K $228.0K -$276.0K -$111.0K -$100.0K -$100.0K
YoY Change -392.32% -508.8% -39.02% -176.42% 32.31% 123.42% -259.21% -182.61% 148.65% 11.0% 0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$49.16M $13.83M $29.14M -$104.4M -$72.07M -$17.12M $14.28M $36.96M $18.17M -$6.081M $10.45M $6.740M
YoY Change -455.59% -52.55% -127.9% 44.88% 320.96% -219.87% -61.36% 103.43% -398.8% -158.19% 55.06%
Income Tax -$6.142M -$564.0K $10.35M -$23.86M -$14.56M $30.84M -$7.546M $16.13M $7.924M $10.87M $340.0K $340.0K
% Of Pretax Income -4.08% 35.53% -52.84% 43.65% 43.61% 3.25% 5.04%
Net Earnings -$44.96M $12.34M $16.74M -$82.47M -$67.76M -$98.66M -$13.75M $23.02M $9.830M -$17.37M $10.06M $6.400M
YoY Change -464.44% -26.28% -120.29% 21.7% -31.32% 617.62% -159.71% 134.21% -156.59% -272.67% 57.2%
Net Earnings / Revenue -9.9% 2.66% 4.0% -22.21% -15.71% -24.19% -2.71% 4.46% 2.23% -4.65% 3.75% 2.87%
Basic Earnings Per Share -$0.56 $1.28 $0.58 -$1.41
Diluted Earnings Per Share -$2.68 $0.68 $787.9K -$2.989M -$2.465M -$3.589M -$0.56 $0.85 $0.37 -$1.41 $601.2K $381.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $61.05M $43.42M $50.51M $83.20M $84.70M $60.50M $61.20M $51.50M $33.30M $24.50M $45.60M $22.30M
YoY Change 40.6% -14.03% -39.3% -1.77% 40.0% -1.14% 18.83% 54.65% 35.92% -46.27% 104.48%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $10.36M $16.04M $12.09M $12.40M $9.200M $30.80M $15.60M $11.40M $9.800M $6.400M $8.300M $2.300M
YoY Change -35.42% 32.69% -2.53% 34.78% -70.13% 97.44% 36.84% 16.33% 53.13% -22.89% 260.87%
Inventory
Prepaid Expenses
Receivables $60.78M $61.23M $57.65M $58.60M $67.50M $62.60M $61.60M $59.60M $60.10M $61.20M $57.00M $40.40M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $132.2M $120.7M $120.2M $154.3M $161.4M $153.9M $138.4M $122.6M $103.2M $92.00M $110.9M $65.10M
YoY Change 9.52% 0.37% -22.08% -4.4% 4.87% 11.2% 12.89% 18.8% 12.17% -17.04% 70.35%
Property, Plant & Equipment $157.1M $164.8M $149.7M $160.2M $163.6M $110.4M $104.0M $139.6M $133.9M $96.20M $96.30M $77.90M
YoY Change -4.69% 10.08% -6.55% -2.08% 48.19% 6.15% -25.5% 4.26% 39.19% -0.1% 23.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.542M $19.11M $18.22M $11.50M $8.300M $9.500M $8.100M $4.300M $5.000M $500.0K $200.0K $200.0K
YoY Change -81.46% 4.88% 58.41% 38.55% -12.63% 17.28% 88.37% -14.0% 900.0% 150.0% 0.0%
Other Assets $1.668M $1.693M $1.931M $3.400M $1.100M $7.800M $68.40M $7.300M $7.600M $400.0K $12.70M $12.40M
YoY Change -1.48% -12.33% -43.21% 209.09% -85.9% -88.6% 836.99% -3.95% 1800.0% -96.85% 2.42%
Total Long-Term Assets $519.9M $623.8M $606.1M $614.2M $719.0M $782.7M $918.0M $958.1M $957.5M $845.3M $828.3M $545.0M
YoY Change -16.67% 2.93% -1.32% -14.58% -8.14% -14.74% -4.19% 0.06% 13.27% 2.05% 51.98%
Total Assets $652.0M $744.5M $726.3M $768.5M $880.4M $936.6M $1.056B $1.081B $1.061B $937.3M $939.2M $610.1M
YoY Change
Accounts Payable $5.036M $4.127M $5.676M $9.100M $14.80M $12.80M $13.40M $10.60M $9.500M $6.700M $8.600M $5.100M
YoY Change 22.03% -27.29% -37.63% -38.51% 15.63% -4.48% 26.42% 11.58% 41.79% -22.09% 68.63%
Accrued Expenses $61.99M $56.92M $60.07M $47.80M $38.30M $37.00M $26.60M $26.50M $32.10M $29.70M $32.20M $24.00M
YoY Change 8.92% -5.25% 25.68% 24.8% 3.51% 39.1% 0.38% -17.45% 8.08% -7.76% 34.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $9.900M $0.00 $9.500M $6.900M $200.0K $1.300M $2.200M $1.200M
YoY Change -98.99% -100.0% 37.68% 3350.0% -84.62% -40.91% 83.33%
Total Short-Term Liabilities $76.09M $71.71M $75.96M $65.80M $71.60M $63.90M $73.30M $65.20M $62.10M $52.90M $52.50M $33.60M
YoY Change 6.1% -5.59% 15.44% -8.1% 12.05% -12.82% 12.42% 4.99% 17.39% 0.76% 56.25%
Long-Term Debt $499.7M $524.4M $541.5M $543.6M $546.7M $555.3M $555.6M $564.3M $588.7M $528.7M $651.3M $366.3M
YoY Change -4.73% -3.15% -0.38% -0.57% -1.55% -0.05% -1.54% -4.14% 11.35% -18.82% 77.81%
Other Long-Term Liabilities $54.54M $60.54M $39.17M $48.10M $45.30M $7.600M $20.10M $10.20M $11.30M $1.000M $900.0K $1.900M
YoY Change -9.91% 54.55% -18.57% 6.18% 496.05% -62.19% 97.06% -9.73% 1030.0% 11.11% -52.63%
Total Long-Term Liabilities $554.2M $585.0M $580.7M $591.7M $592.0M $562.9M $575.7M $574.5M $600.0M $529.7M $652.2M $368.2M
YoY Change -5.26% 0.74% -1.86% -0.05% 5.17% -2.22% 0.21% -4.25% 13.27% -18.78% 77.13%
Total Liabilities $645.6M $679.0M $680.1M $671.2M $700.7M $682.4M $676.4M $691.4M $697.9M $593.6M $705.2M $402.2M
YoY Change -4.91% -0.16% 1.32% -4.21% 2.68% 0.89% -2.17% -0.93% 17.57% -15.83% 75.34%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $162.93 Million

About Townsquare Media, Inc.

Townsquare Media, Inc. is a community-focused digital media, digital marketing solutions and radio company, which engages in owning and operating radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The company is headquartered in Purchase, New York and currently employs 2,159 full-time employees. The company went IPO on 2014-07-24. The firm's integrated and diversified products and solutions enable local, regional and national advertisers to target audiences across multiple platforms, including digital, mobile, social, video, streaming, e-commerce, radio and events. Its segments include Subscription Digital Marketing Solutions, Digital Advertising and Broadcast Advertising. The Subscription Digital Marketing Solutions includes its subscription digital marketing solutions business, Townsquare Interactive. The Digital Advertising segment, which it markets as Townsquare Ignite, includes digital advertising on its owned and operated digital properties and its digital programmatic advertising platform. The Broadcast Advertising includes its local, regional and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com.

Industry: Radio Broadcasting Stations Peers: AUDACY, INC. CUMULUS MEDIA INC EMMIS CORP ENTRAVISION COMMUNICATIONS CORP Fox Corp HEMISPHERE MEDIA GROUP, INC. Mediaco Holding Inc. SAGA COMMUNICATIONS INC SALEM MEDIA GROUP, INC. /DE/