Beasley Broadcast Group Inc (OQ:BBGI)

Sector:  Consumer Cyclicals Industry:  Broadcasting
See Regulatory Filings on SEC
Company Contact
Address: 3033 Riviera Dr Ste 200
NAPLES FL 34103-2750
Tel: N/A
IR: See website
Key People
George G. Beasley
Chairman of the Board, Founder
Bruce G. Beasley
President, Director
Caroline Beasley
Chief Executive Officer, Treasurer, Secretary, Director
Allen B. Shaw
Vice Chairman of the Board
Marie Tedesco
Chief Financial Officer
Brian E. Beasley
Chief Operating Officer, Director
Business Overview
Beasley Broadcast Group, Inc. is a multi-platform media company. The Company is focused on providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations. The Company is also focused on broadcasting esports programming and content. The Company owns and operates over 65 radio stations in 15 large and mid-size markets in the United States. It operates radio stations in various radio markets, including Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE.
Financial Overview
For the fiscal year ended 31 December 2019, Beasley Broadcast Group Inc revenues increased 2% to $261.6M. Net income before extraordinary items increased 98% to $13.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Gain on dispositions increase from $0K to $20.7M (income), Change in fair value of contingent consi decrease from $4.4M (expense) to $0K.
Employees: 846 as of Feb 10, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $289.75M as of Dec 31, 2019
Annual revenue (TTM): $261.55M as of Dec 31, 2019
EBITDA (TTM): $39.24M as of Dec 31, 2019
Net annual income (TTM): $13.45M as of Dec 31, 2019
Free cash flow (TTM): $6.42M as of Dec 31, 2019
Net Debt Last Fiscal Year: $237.71M as of Dec 31, 2019
Shares outstanding: 27,978,744 as of Feb 10, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization