Sector: Consumer Cyclicals | Industry: Broadcasting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 40 Monument Circle Suite 700 One Emmis Plaza INDIANAPOLIS IN 46204 |
Tel: | N/A |
Website: | https://www.emmis.com |
IR: | See website |
Key People | ||
Jeffrey H. Smulyan Chairman of the Board, Chief Executive Officer | Patrick M. Walsh President, Chief Operating Officer, Director | Ryan A. Hornaday Chief Financial Officer, Executive Vice President, Treasurer |
Gregory T. Loewen President - Publishing Division, President and CEO of Digonex Technologies, Inc., and Chief Strategy Officer | J. Scott Enright Executive Vice President, General Counsel, Secretary |
Business Overview |
Emmis Corporation (Emmis), formerly Emmis Communications Corporation, is an entrepreneurial company. The Company is an owner and operator of media, sports, entertainment, and other diversified operations. The Company owns and operates Lencore Acoustics, a sound masking technology for professional environments and operates one amplitude modulation (AM) radio station in New York, and an additional frequency modulation (FM) station in New York operated by Entertainment and Sports Programming Network (ESPN). Emmis also owns a controlling interest in Digonex, which provides dynamic pricing solutions to national brands across multiple industries. It also has an investment in Anzu, an intrinsic in-game advertising solution for personal computer (PC), console, mobile, and cloud-based video games. |
Financial Overview |
For the fiscal year ended 29 February 2020, Emmis Corp revenues decreased less than 1% to $39.7M. Net loss before extraordinary items totaled $26.5M vs. income of $6.2M. Revenues reflect market conditions. Net loss reflects Loss on deconsolidation of entity increase from $0K to $12.1M (expense), Radio increase from $548K to $6.1M (expense), Equity in loss of unconsolidated affilia increase from $0K to $780K (expense). |
Employees: | 234 as of Feb 29, 2020 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $27.03M as of Feb 29, 2020 |
Annual revenue (TTM): | $39.71M as of Feb 29, 2020 |
EBITDA (TTM): | -$11.33M as of Feb 29, 2020 |
Net annual income (TTM): | -$26.47M as of Feb 29, 2020 |
Free cash flow (TTM): | -$11.88M as of Feb 29, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 13,051,657 as of Feb 29, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |