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

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Revenue YoY Change

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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

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Gross Profit

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Gross Profit Margin

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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

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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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

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Interest Expenses To Operating Income %

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Other Expense/Income

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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

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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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/