See more : Quik Super Online Ltd. (QUIK.TA) 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)
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 |
Mark Levin to Host Original Podcast Series
On the Frontlines with Mark Levin and Yael Eckstein ~ Presented by The International Fellowship of Christians and Jews
Dan Bongino to Host Special Live Podcast on Rumble During the Presidential Debate on September 10
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced that The Dan Bongino Show will offer a special live edition of the podcast on Tuesday, September 10, 2024, beginning at 8 p.m. ET....
Cumulus Media's Westwood One Launches 38th Consecutive Season as the Exclusive Primetime Network Radio Partner of the NFL
2024 Season Coverage Kicks Off September 5 when the Defending Super Bowl Champion Kansas City Chiefs host the Baltimore Ravens
The Dan Bongino Show to Drop Special Two-Hour Podcast on First Day of Hearings for House Republicans' Independent Forum on the Assassination Attempt on Former President Donald J. Trump
Special Podcast Will Drop Monday, August 26 from The Heritage Foundation Bongino to Testify at Hearing NEW YORK, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced that The Dan Bongino Show podcast will offer...
Cumulus Media's Westwood One Presents National Audio Coverage of the 2024 College Football Season
NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., will present national audio coverage of the 2024 college football season. Highlighting Westwood One's schedule of 16 regular season...
Cumulus Media Announces Leadership Changes to the Cumulus Podcast Network
Carolyn Chauncey Picks Up Podcast Content and Operations as Senior Vice President of Marketing and Podcasting Carolyn Chauncey Picks Up Podcast Content and Operations as Senior Vice President of Marketing and Podcasting
The Dan Bongino Show Podcast Audience Numbers Surge
July Audio Downloads Increase 40% Over June Podcast Hits High Marks Across Ranking Charts Rumble Views Up 25% Over June NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced that The Dan Bongino...
Cumulus Media Inc. (CMLS) Q2 2024 Earnings Call Transcript
Cumulus Media Inc. (NASDAQ:CMLS ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Collin Jones – Executive Vice President-Strategy and Development and President-Westwood One Mary Berner – President and Chief Executive Officer Frank Lopez-Balboa –...
Cumulus Media (CMLS) Reports Q2 Loss, Misses Revenue Estimates
Cumulus Media (CMLS) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.49. This compares to loss of $0.06 per share a year ago.
Cumulus Media Reports Operating Results for the Second Quarter 2024
Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants
Source: https://incomestatements.info
Category: Stock Reports