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MediaCo Holding Inc. (MDIA) 10-Year Financial Performance & Capital Metrics

MDIA • • Industrial / General
Communication ServicesBroadcastingTraditional Radio BroadcastingLocal Radio Station Operators
AboutMediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital billboards primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The company also offers digital advertising and event sponsorship services. As of December 31, 2021, it owned and operated approximately 3,500 outdoor advertising displays. MediaCo Holding Inc. was founded in 2019 and is headquartered in New York, New York. MediaCo Holding Inc. is a subsidiary of Emmis Communications Corporation.Show more
  • Revenue $96M +195.1%
  • EBITDA -$20M -255.7%
  • Net Income -$4M +46.6%
  • EPS (Diluted) -0.08 +79.4%
  • Gross Margin -11.59% -1451.5%
  • EBITDA Margin -21.19% -20.5%
  • Operating Margin -29.51% -52.7%
  • Net Margin -4.26% +81.9%
  • ROE -6.8% +62.4%
  • ROIC -13.48% -119.4%
  • Debt/Equity 1.85 +35.6%
  • Interest Coverage -2.53 +82.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 59.5%
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 17.3%
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y17.27%
3Y31.82%
TTM83.96%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-3049.54%

EPS CAGR

10Y-
5Y-
3Y-
TTM-42.5%

ROCE

10Y Avg-0.13%
5Y Avg-4.07%
3Y Avg-7.56%
Latest-14.74%

Peer Comparison

Local Radio Station Operators
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SGASaga Communications, Inc.72.9M11.4420.800.13%0.26%0.18%5.89%0.07
BBGIBeasley Broadcast Group, Inc.5.85M6.03-1.62-2.76%-3.84%-6%1.95
MDIAMediaCo Holding Inc.47.7M0.62-7.57195.06%-32.41%-47.68%1.85

Profit & Loss

Feb 2018Feb 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+44.56M43.09M39.26M41.73M38.59M32.39M95.57M
Revenue Growth %--0.03%-0.09%0.06%-0.08%-0.16%1.95%
Cost of Goods Sold+33.09M33.83M32.34M37.72M32.85M32.63M106.65M
COGS % of Revenue0.74%0.79%0.82%0.9%0.85%1.01%1.12%
Gross Profit+11.46M9.26M6.92M17.77M5.75M-242K-11.08M
Gross Margin %0.26%0.21%0.18%0.43%0.15%-0.01%-0.12%
Gross Profit Growth %--0.19%-0.25%1.57%-0.68%-1.04%-44.78%
Operating Expenses+1.12M1.32M8.42M12.36M7.13M6.54M17.13M
OpEx % of Revenue0.03%0.03%0.21%0.3%0.18%0.2%0.18%
Selling, General & Admin031.13M4.34M8.43M6.46M5.45M11.86M
SG&A % of Revenue-0.72%0.11%0.2%0.17%0.17%0.12%
Research & Development0000100K300K2.5M
R&D % of Revenue----0%0.01%0.03%
Other Operating Expenses-15K-29.81M4.08M3.92M566K794K2.77M
Operating Income+10.35M7.89M-1.5M3.94M-1.38M-6.26M-28.21M
Operating Margin %0.23%0.18%-0.04%0.09%-0.04%-0.19%-0.3%
Operating Income Growth %--0.24%-1.19%3.62%-1.35%-3.53%-3.51%
EBITDA+11.46M9.22M6.16M6.63M1.45M-5.69M-20.25M
EBITDA Margin %0.26%0.21%0.16%0.16%0.04%-0.18%-0.21%
EBITDA Growth %--0.2%-0.33%0.08%-0.78%-4.93%-2.56%
D&A (Non-Cash Add-back)1.12M1.34M7.66M2.69M2.83M568K7.96M
EBIT7.89M5.15M-1.7M3.86M-2.48M-6.69M10.15M
Net Interest Income+0164.2K-9.49M-7.71M-6.98M-426K-11.14M
Interest Income0985.2K00000
Interest Expense15K821K9.49M7.71M6.98M426K11.14M
Other Income/Expense-2.46M-2.43M-9.69M-7.79M-8.08M-326K27.22M
Pretax Income+10.33M7.89M-11.19M-3.85M-9.46M-7.11M-982K
Pretax Margin %0.23%0.18%-0.29%-0.09%-0.25%-0.22%-0.01%
Income Tax+8.33M2.52M15.56M348K336K308K320K
Effective Tax Rate %0.19%0.68%2.39%1.58%-3.27%1.07%4.15%
Net Income+2M5.37M-26.75M-6.08M30.91M-7.63M-4.08M
Net Margin %0.04%0.12%-0.68%-0.15%0.8%-0.24%-0.04%
Net Income Growth %-1.68%-5.98%0.77%6.08%-1.25%0.47%
Net Income (Continuing)5.37M2.34M-26.75M-4.2M-9.79M-7.42M-1.3M
Discontinued Operations000-1.88M40.71M-210K0
Minority Interest00000020.4M
EPS (Diluted)+0.280.76-4.01-1.22-1.44-0.40-0.08
EPS Growth %-1.71%-6.28%0.7%-0.18%0.72%0.79%
EPS (Basic)0.280.76-4.01-1.22-1.44-0.40-0.08
Diluted Shares Outstanding7.03M7.1M7.2M7.22M13.38M24.88M59.82M
Basic Shares Outstanding7.03M7.1M7.2M7.22M13.38M24.88M59.82M
Dividend Payout Ratio-------

Balance Sheet

Feb 2018Feb 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+9.09M16.09M15.2M21.64M26.25M13.91M36.49M
Cash & Short-Term Investments02.08M4.17M6.12M15.3M5.15M4.44M
Cash Only02.08M4.17M6.12M15.3M5.15M4.44M
Short-Term Investments0000000
Accounts Receivable7.89M11.1M8.51M12.2M8.57M6.67M30.75M
Days Sales Outstanding64.694.0379.1106.6881.0375.22117.42
Inventory0000000
Days Inventory Outstanding-------
Other Current Assets220K1.8M1.27M2.16M1.41M1.19M1.31M
Total Non-Current Assets+77.14M151.07M144.46M126.65M77.31M91.72M309.51M
Property, Plant & Equipment3.31M2.42M51.6M48.2M5.67M14.99M71.04M
Fixed Asset Turnover13.46x17.80x0.76x0.87x6.81x2.16x1.35x
Goodwill011.42M13.1M00028.34M
Intangible Assets64.32M67.53M66.11M63.27M64.7M64.59M178.89M
Long-Term Investments0-77.4M0001.9M2.5M
Other Non-Current Assets243K77.76M331K2.21M78K96K8.24M
Total Assets+86.23M167.17M159.66M148.29M103.56M105.63M346.01M
Asset Turnover0.52x0.26x0.25x0.28x0.37x0.31x0.28x
Asset Growth %-0.94%-0.04%-0.07%-0.3%0.02%2.28%
Total Current Liabilities+3.75M20.78M77.74M13.98M11.1M11.72M57.29M
Accounts Payable809K11.18M2.56M2.34M3.88M2.63M35.42M
Days Payables Outstanding8.92120.6728.8622.6643.1229.36121.24
Short-Term Debt06.83M72.39M2.75M1.82M7.9M7.12M
Deferred Revenue (Current)723K1000K1000K1000K825K557K1000K
Other Current Liabilities417K346K549K3.45M694K65K788K
Current Ratio2.43x0.77x0.20x1.55x2.37x1.19x0.64x
Quick Ratio2.43x0.77x0.20x1.55x2.37x1.19x0.64x
Cash Conversion Cycle-------
Total Non-Current Liabilities+2.19M128.62M92.93M150.88M45.49M56.51M206.19M
Long-Term Debt099.78M51.19M124.54M32.29M28.75M105.72M
Capital Lease Obligations022.98M20.18M5.67M3.81M14.33M39.67M
Deferred Tax Liabilities0015.02M2.15M9.34M12.92M23.44M
Other Non-Current Liabilities2.19M5.86M6.54M18.52M51K502K37.36M
Total Liabilities5.94M149.4M170.67M164.86M56.59M68.22M263.49M
Total Debt+0129.59M143.76M135.23M37.91M50.99M152.52M
Net Debt0127.51M139.59M129.11M22.61M45.84M148.08M
Debt / Equity-7.30x--0.81x1.36x1.85x
Debt / EBITDA-14.05x23.35x20.40x26.20x--
Net Debt / EBITDA-13.83x22.67x19.47x15.63x--
Interest Coverage689.73x9.61x-0.16x0.51x-0.20x-14.70x-2.53x
Total Equity+80.29M17.76M-11.01M-16.57M46.98M37.41M82.52M
Equity Growth %--0.78%-1.62%-0.51%3.83%-0.2%1.21%
Book Value per Share11.432.50-1.53-2.303.511.501.38
Total Shareholders' Equity80.29M17.76M-11.01M-16.57M46.98M37.41M62.12M
Common Stock071K72K85K261K264K467K
Retained Earnings0-2.95M-31.85M-40.69M-13.1M-23.15M-28.07M
Treasury Stock0000000
Accumulated OCI-13.61M000000
Minority Interest00000020.4M

Cash Flow

Feb 2018Feb 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+11.19M8.65M-9.64M2.94M2.2M-5.32M-19.86M
Operating CF Margin %0.25%0.2%-0.25%0.07%0.06%-0.16%-0.21%
Operating CF Growth %--0.23%-2.11%1.3%-0.25%-3.42%-2.74%
Net Income2M5.37M-26.75M-6.08M-9.79M-7.63M-1.3M
Depreciation & Amortization1.12M1.32M4.08M3.92M666K568K5.26M
Stock-Based Compensation334K262.8K129K3.43M2.51M1.69M328K
Deferred Taxes7.48M2.52M15.56M348K336K272K160K
Other Non-Cash Items233K385K6.59M8.41M5.33M3.72M-30.31M
Working Capital Changes25K-1.22M-9.25M-7.09M3.15M-3.93M6.01M
Change in Receivables333K-299K1.9M-5.32M3.63M1.61M-8.42M
Change in Inventory1.39M-935K-2.24M-2.9M000
Change in Payables-1.44M-560K-8.76M640K1.06M-1.53M7.5M
Cash from Investing+-672K-190K-409K-1.26M77.19M-1.67M-14.18M
Capital Expenditures-672K-190K-409K-1.4M-1.37M-1.07M-1.11M
CapEx % of Revenue0.02%0%0.01%0.03%0.04%0.03%0.01%
Acquisitions-------
Investments-------
Other Investing043.11M0146K78.56M-597K-50K
Cash from Financing+-10.52M50M12.14M267K-70.21M-1.25M33.9M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing-8.46M2.05M-24K-1.07M-1.41M-478K-2.23M
Net Change in Cash-------
Free Cash Flow+10.52M8.46M-10.05M1.54M829K-6.38M-20.98M
FCF Margin %0.24%0.2%-0.26%0.04%0.02%-0.2%-0.22%
FCF Growth %--0.2%-2.19%1.15%-0.46%-8.7%-2.29%
FCF per Share1.501.19-1.400.210.06-0.26-0.35
FCF Conversion (FCF/Net Income)5.60x1.61x0.36x-0.48x0.07x0.70x4.87x
Interest Paid0000000
Taxes Paid000003.04M0

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)2.49%10.95%-791.98%-203.35%-18.09%-6.8%
Return on Invested Capital (ROIC)9.66%5.24%-0.82%2.45%-1.14%-6.14%-13.48%
Gross Margin25.73%21.49%17.62%42.58%14.89%-0.75%-11.59%
Net Margin4.49%12.46%-68.14%-14.58%80.1%-23.56%-4.26%
Debt / Equity-7.30x--0.81x1.36x1.85x
Interest Coverage689.73x9.61x-0.16x0.51x-0.20x-14.70x-2.53x
FCF Conversion5.60x1.61x0.36x-0.48x0.07x0.70x4.87x
Revenue Growth--3.29%-8.89%6.28%-7.51%-16.07%195.06%

Revenue by Segment

20202021202220232024
Advertising19.13M30.01M25.79M18.65M61.16M
Advertising Growth-56.89%-14.07%-27.69%227.92%
Digital Marketing Services2.26M2.86M4.71M3.68M20.29M
Digital Marketing Services Growth-26.95%64.56%-21.98%451.84%
Service, Other--4.12M1.87M7.59M
Service, Other Growth----54.58%305.56%
Nontraditional Revenues761K4.86M3.97M--
Nontraditional Revenues Growth-539.16%-18.32%--
Outdoor Advertising12.46M12.72M---
Outdoor Advertising Growth-2.14%---
Service Other4.66M5.03M---
Service Other Growth-7.99%---

Frequently Asked Questions

Growth & Financials

MediaCo Holding Inc. (MDIA) reported $127.5M in revenue for fiscal year 2024. This represents a 186% increase from $44.6M in 2018.

MediaCo Holding Inc. (MDIA) grew revenue by 195.1% over the past year. This is strong growth.

MediaCo Holding Inc. (MDIA) reported a net loss of $41.3M for fiscal year 2024.

Dividend & Returns

MediaCo Holding Inc. (MDIA) has a return on equity (ROE) of -6.8%. Negative ROE indicates the company is unprofitable.

MediaCo Holding Inc. (MDIA) generated $12.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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