← URBAN ONE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($423k) |
$111.9m
+26550.83%
|
$141.0m
+26.02%
|
$925k
-99.34%
|
($8.1m)
-977.08%
|
$38.4m
+572.72%
|
$37.3m
-2.67%
|
$2.0m
-94.51%
|
($105.4m)
-5241.17%
|
($146.9m)
-39.35%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $716k | $112.5m | $142.2m | $2.1m | ($6.6m) | $40.7m | $40.0m | $4.6m | ($104.2m) | ($146.9m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.1m | $575k | $1.2m | $1.1m | $1.5m | $2.3m | $2.6m | $2.5m | $1.2m | ($10k) | — | |
| Depreciation, Depletion and Amortization | $34.2m | $34.0m | $33.2m | $17.0m | $9.7m | $9.3m | $10.0m | $7.1m | $7.7m | $18.1m | $70.2m | |
| Amortization of Debt Issuance Costs | $5.3m | $3.6m | $2.9m | $3.9m | $4.5m | $2.3m | $2.0m | $2.1m | $1.9m | $1.7m | — | |
| Amortization of Intangible Assets | $26.2m | $26.9m | $26.7m | $10.9m | $3.9m | $3.7m | $3.7m | $1.1m | $200k | $11.6m | — | |
| Depreciation | $34.2m | $34.0m | $33.2m | $17.0m | $9.7m | $9.3m | $6.4m | $6k | $7.5m | $6.4m | $24.6m | |
| Deferred Income Tax Expense (Benefit) | $9.1m | ($124.1m) | ($139.2m) | $10.3m | ($34.6m) | $12.5m | $14.9m | $5.1m | $8.4m | ($17.6m) | ($14.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $3.4m | $4.6m | $4.7m | $4.8m | $2.3m | $565k | $6.6m | $10.0m | $5.7m | $1.9m | $2.5m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $5.7m | $1.9m | $2.5m | |
| Goodwill, Impairment Loss | $0 | $0 | $17.4m | $5.8m | $15.9m | $0 | $7.2m | $0 | $20.2m | $64.0m | $71.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $40.7m | $129.3m | $151.8m | $191.8m | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $3.9m | $4.8m | — | — | $40.7m | $129.3m | $20.2m | $127.8m | — | |
| Other Nonoperating Income (Expense) | $928k | $6.6m | $8.0m | $7.1m | $4.5m | $8.1m | $16.1m | $96.1m | $896k | ($463k) | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | — | — | $200k | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($833k) | $7.2m | $1.4m | ($4.2m) | $1.5m | $22.7m | $16.9m | ($8.7m) | ($19.0m) | ($22.0m) | $13.5m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $1.4m | $1.6m | $1.4m | $2.6m | ($355k) | $3.1m | $13.5m | |
| Increase (Decrease) in Accounts Payable | ($909k) | $572k | ($796k) | ($1.4m) | $5.2m | $3.5m | $1.1m | $2.4m | ($305k) | ($7.7m) | ($1.6m) | |
| Increase (Decrease) in Other Operating Assets | ($572k) | ($1.1m) | ($788k) | $5.7m | $9.8m | $13.7m | ($1.0m) | ($555k) | $4.4m | $244k | — | |
| Net Cash Provided by (Used in) Operating Activities | $48.2m |
$28.3m
-41.33%
|
$50.2m
+77.44%
|
$58.5m
+16.48%
|
$73.9m
+26.26%
|
$80.2m
+8.51%
|
$67.1m
-16.33%
|
$64.6m
-3.60%
|
$37.5m
-42.02%
|
$4.2m
-88.90%
|
$10.6m
+155.79%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.2m | $7.4m | $4.4m | $5.1m | $3.8m | $6.3m | $6.8m | $7.7m | $7.2m | $10.1m | ($11.4m) | |
| Cash, Cash Equivalents, and Short-term Investments | $46.8m | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | $35.0m | $0 | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $2.0m | $4.8m | $0 | $475k | $0 | $25.0m | $27.5m | $250k | $250k | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($42.2m) | $12.6m | $3.2m | $8.4m | ($3.4m) | $1.7m | ($28.7m) | $95.4m | ($1.6m) | ($10.3m) | ($9.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $2.6m | ($5.2m) | ($1.8m) | $0 | ($2.9m) | ($6.9m) | $6.7m | $2.4m | $23.3m | $44.0m | — | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $22.3m | $115.6m | — | ($27.9m) | |
| Proceeds from Issuance of Long-term Debt | $0 | — | — | — | — | — | — | — | — | $60.0m | $20.0m | |
| Payments for Repurchase of Common Stock | $3.6m | $5.0m | $8.2m | $5.5m | $3.6m | $970k | $26.5m | $1.6m | $8.1m | $2.8m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | $14.7m | $33.3m | $0 | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($26.7m) |
($49.8m)
-86.78%
|
($75.3m)
-51.21%
|
($49.2m)
+34.70%
|
($30.1m)
+38.74%
|
($3.5m)
+88.38%
|
($95.2m)
-2617.35%
|
($28.3m)
+70.27%
|
($131.8m)
-365.64%
|
($105.1m)
+20.31%
|
($71.1m)
+32.34%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($20.6m) | ($9.0m) | ($21.9m) | $17.7m | $40.3m | $78.4m | ($56.8m) | $131.7m | ($96.0m) | ($111.2m) | $16.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($20.6m) | $37.8m | $15.9m | $33.5m | $73.9m | $152.2m | $95.4m | $233.6m | $137.6m | $26.4m | $16.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $0 | — | $94k | $29k | $2.0m | $397k | $50k | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $77.0m | $77.1m | $82.3m | $73.3m | $68.9m | $45.8m | $62.0m | $54.8m | $50.7m | $54.0m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $1.1m | $2.1m | $2.0m | $2.5m | $82k | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | ($188k) | — | — | — | |
| General and Administrative Expense | — | — | — | — | — | — | — | — | $94.0m | — | — | |
| Goodwill | $258.3m | $262.9m | $245.6m | $239.8m | $223.4m | $223.4m | $216.6m | $216.6m | $196.4m | $132.4m | $71.0m | |
| Income Tax Expense (Benefit) | $9.6m | ($123.2m) | ($138.8m) | $10.9m | ($34.5m) | $13.6m | $16.7m | $7.9m | $9.8m | ($16.0m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $48.6m | $38.8m | — | |
| Investment Income, Interest | $214k | $200k | $240k | $150k | $213k | $218k | $939k | $7.0m | $6.0m | $2.5m | — | |
| Operating Expenses | $368.1m | $387.3m | $365.5m | $349.8m | $344.7m | $322.9m | $389.9m | $509.3m | $525.3m | $544.5m | — | |
| Payments of Financing Costs | $421k | $8.9m | $7.4m | $0 | $3.5m | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $436.9m | $376.3m | $441.5m | $484.6m | $477.7m | $449.7m | $374.4m | — |