Cumulus Media Inc. (CMLS) Income Statement Analysis

See more : Aptiv PLC (0YCP.L) Income Statement Analysis – Financial Results

Complete financial analysis of Cumulus Media Inc. (CMLS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cumulus Media Inc., a leading company in the Broadcasting industry within the Communication Services sector.

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Cumulus Media Inc. (CMLS)

Industry: Broadcasting

Sector: Communication Services

Website: https://www.cumulusmedia.com

About Cumulus Media Inc.

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. It also provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was incorporated in 2002 and is based in Atlanta, Georgia.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	844.55M	953.51M	916.47M	816.22M	1.11B	1.14B	1.14B	1.14B	1.17B	1.26B	1.03B	1.08B	549.54M	263.33M	256.05M	311.54M	328.33M	334.32M	327.76M	320.13M	281.97M	252.60M	201.33M	225.91M	180.02M	98.80M
Cost of Revenue	331.36M	357.48M	358.69M	337.08M	405.65M	402.77M	402.98M	427.78M	396.43M	904.04M	668.25M	661.51M	333.47M	159.81M	165.68M	203.22M	210.64M	214.09M	225.96M	202.44M	179.54M	159.77M	141.60M	191.34M	136.32M	74.60M
Gross Profit	513.19M	596.03M	557.78M	479.14M	707.79M	737.59M	732.68M	713.62M	772.25M	359.39M	357.89M	415.07M	216.07M	103.53M	90.37M	108.32M	117.69M	120.23M	101.79M	117.69M	102.44M	92.83M	59.73M	34.58M	43.70M	24.20M
Gross Profit Ratio	60.76%	62.51%	60.86%	58.70%	63.57%	64.68%	64.52%	62.52%	66.08%	28.45%	34.88%	38.55%	39.32%	39.31%	35.29%	34.77%	35.84%	35.96%	31.06%	36.76%	36.33%	36.75%	29.67%	15.30%	24.28%	24.49%
Research & Development	0.00	0.00	0.00	4.14M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	389.60M	437.05M	402.04M	500.89M	507.06M	517.11M	511.23M	534.09M	76.43M	51.93M	57.44M	20.70M	0.00	19.33M	19.33M	41.01M	41.01M	16.07M	13.37M	13.37M	15.18M	0.00	0.00	0.00	0.00
Selling & Marketing	377.03M	44.00K	1.08M	3.15M	3.50M	4.28M	10.88M	12.82M	10.13M	7.20M	3.72M	3.56M	72.59M	0.00	3.71M	631.00K	-14.20M	963.00K	4.10M	4.89M	2.08M	69.00K	0.00	0.00	0.00	0.00
SG&A	377.03M	389.65M	438.13M	405.18M	504.39M	511.34M	527.99M	524.06M	544.22M	83.62M	55.65M	60.99M	93.29M	20.57M	23.03M	19.96M	26.81M	41.98M	20.17M	18.26M	15.46M	15.25M	18.00M	23.06M	8.20M	5.60M
Other Expenses	177.44M	104.37M	53.55M	52.29M	52.55M	-3.37M	-363.00K	2.04M	14.21M	4.34M	-302.00K	-2.47M	55.81M	11.06M	7.57M	511.41M	239.31M	78.30M	285.32M	21.17M	19.45M	16.87M	50.59M	44.00M	33.74M	17.20M
Operating Expenses	554.47M	494.01M	491.67M	457.47M	556.95M	567.45M	590.23M	611.32M	646.32M	198.90M	168.16M	203.14M	149.10M	31.63M	30.60M	531.37M	266.13M	120.27M	305.49M	39.43M	34.90M	32.11M	68.58M	67.06M	41.94M	22.80M
Cost & Expenses	885.83M	851.49M	850.36M	794.55M	962.60M	970.22M	993.21M	1.04B	1.04B	1.10B	836.41M	864.65M	482.57M	191.44M	196.28M	734.59M	476.77M	334.36M	531.46M	241.87M	214.44M	191.88M	210.18M	258.40M	178.26M	97.40M
Interest Income	2.36M	64.89M	67.85M	6.00K	25.00K	86.00K	136.00K	493.00K	433.00K	1.39M	1.29M	946.00K	399.00K	8.00K	61.00K	15.98M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	71.27M	64.89M	67.85M	68.10M	82.92M	50.98M	126.95M	138.63M	141.68M	145.53M	176.45M	199.24M	87.39M	30.32M	34.19M	34.80M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	58.18M	63.29M	59.95M	70.38M	76.61M	56.11M	62.24M	87.27M	102.11M	115.28M	112.51M	143.30M	52.44M	9.10M	11.14M	8.97M	13.17M	17.62M	21.64M	21.38M	19.85M	18.27M	52.76M	45.77M	33.74M	17.20M
EBITDA	35.85M	158.40M	119.65M	59.51M	243.04M	226.24M	-181.10M	-310.97M	-348.55M	275.76M	318.80M	223.82M	142.27M	69.76M	-114.65M	-410.05M	-133.87M	17.58M	-182.59M	99.64M	87.38M	78.99M	43.91M	13.29M	35.50M	18.60M
EBITDA Ratio	4.24%	16.63%	12.95%	9.03%	18.25%	19.55%	18.00%	16.83%	20.76%	22.28%	28.83%	32.85%	21.80%	30.76%	27.72%	24.21%	28.75%	24.18%	25.40%	32.11%	36.60%	33.72%	20.06%	-19.37%	19.37%	16.40%
Operating Income	-41.28M	79.79M	69.12M	21.40M	166.21M	156.23M	-210.45M	-408.79M	-478.52M	161.83M	196.08M	84.81M	82.25M	71.23M	-115.18M	-425.09M	-151.08M	-39.00K	-203.48M	78.37M	67.87M	61.69M	-15.63M	-48.71M	1.76M	1.40M
Operating Income Ratio	-4.89%	8.37%	7.54%	2.62%	14.93%	13.70%	-18.53%	-35.81%	-40.94%	12.81%	19.11%	7.88%	14.97%	27.05%	-44.98%	-136.45%	-46.01%	-0.01%	-62.08%	24.48%	24.07%	24.42%	-7.76%	-21.56%	0.98%	1.42%
Total Other Income/Expenses	-59.42M	-60.18M	-48.86M	-68.37M	-82.69M	412.14M	-159.85M	-128.09M	-113.82M	-139.81M	-212.22M	-203.53M	-79.69M	-28.33M	-239.68M	-32.27M	-61.29M	-45.15M	-23.92M	-22.45M	-38.15M	-36.38M	-18.42M	47.23M	-22.25M	-13.20M
Income Before Tax	-100.70M	19.61M	20.26M	-78.97M	83.52M	568.37M	-370.29M	-536.87M	-592.33M	22.02M	196.08M	-118.73M	2.57M	33.18M	-149.31M	-457.36M	-212.37M	-45.19M	-227.40M	55.92M	29.72M	25.30M	-34.05M	-1.49M	-20.49M	-11.80M
Income Before Tax Ratio	-11.92%	2.06%	2.21%	-9.67%	7.50%	49.84%	-32.61%	-47.04%	-50.68%	1.74%	19.11%	-11.03%	0.47%	12.60%	-58.31%	-146.81%	-64.68%	-13.52%	-69.38%	17.47%	10.54%	10.02%	-16.91%	-0.66%	-11.38%	-11.94%
Income Tax Expense	17.18M	3.37M	2.98M	-19.25M	22.26M	-189.21M	-163.73M	-26.15M	-45.84M	10.25M	-68.46M	-26.55M	-61.29M	3.78M	-22.60M	-117.95M	-38.00M	-5.80M	-14.04M	25.55M	24.68M	76.36M	-3.49M	812.00K	-6.87M	100.00K
Net Income	-117.88M	16.24M	17.28M	-59.72M	61.26M	757.58M	-206.57M	-510.72M	-546.49M	11.77M	196.08M	-32.73M	63.86M	29.40M	-126.70M	-361.67M	-223.80M	-44.59M	-213.37M	30.37M	5.04M	-92.75M	-30.55M	-2.30M	-13.62M	-13.70M
Net Income Ratio	-13.96%	1.70%	1.89%	-7.32%	5.50%	66.43%	-18.19%	-44.75%	-46.76%	0.93%	19.11%	-3.04%	11.62%	11.17%	-49.48%	-116.09%	-68.16%	-13.34%	-65.10%	9.49%	1.79%	-36.72%	-15.18%	-1.02%	-7.57%	-13.87%
EPS	-6.83	0.83	0.84	-2.94	3.04	45.76	-7.05	-17.45	-18.73	0.40	4.80	-1.62	6.40	5.60	-25.07	-68.38	-41.46	-7.02	-25.51	3.52	0.40	-13.62	-6.93	-0.52	-4.37	-6.22
EPS Diluted	-6.83	0.81	0.83	-2.94	3.02	45.76	-7.05	-17.45	-18.73	0.40	4.80	-1.61	6.40	5.44	-25.07	-68.38	-41.46	-7.02	-25.51	3.52	0.40	-13.62	-6.93	-0.52	-4.37	-5.62
Weighted Avg Shares Out	17.27M	19.56M	20.48M	20.32M	20.13M	16.56M	29.30M	29.27M	29.18M	28.27M	40.84M	20.25M	8.86M	5.04M	5.05M	5.29M	5.40M	6.35M	8.36M	8.63M	8.04M	6.81M	4.41M	4.38M	3.12M	2.20M
Weighted Avg Shares Out (Dil)	17.27M	20.02M	20.93M	20.32M	20.28M	16.56M	29.31M	29.27M	29.18M	28.62M	40.84M	20.33M	8.86M	5.15M	5.05M	5.29M	5.40M	6.35M	8.36M	8.93M	8.37M	6.81M	4.41M	4.38M	3.12M	2.44M

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November 1, 2024seekingalpha.com

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November 1, 2024zacks.com

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November 1, 2024globenewswire.com

Increased Digital Marketing Services Revenue by 38%, Total Digital Revenue by 8% Reported Q3 Total Revenue of $204 Million, Down 1.8%, in Line with Pacing Guidance ATLANTA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company,"...