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 nine months ended 30 September 2019, Beasley Broadcast Group Inc revenues increased 4% to $189.5M. Net income increased 97% to $8.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Change in fair value of contingent consi decrease from $4.4M (expense) to $0K, Gain on dispositions increase from $0K to $3.5M (income).
Employees: 810 as of Feb 8, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $327.51M as of Sep 30, 2019
Annual revenue (TTM): $265.03M as of Sep 30, 2019
EBITDA (TTM): $44.84M as of Sep 30, 2019
Net annual income (TTM): $11.05M as of Sep 30, 2019
Free cash flow (TTM): $18.44M as of Sep 30, 2019
Net Debt Last Fiscal Year: $233.85M as of Sep 30, 2019
Shares outstanding: 27,874,786 as of Oct 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization