Beasley Broadcast Group, Inc. (BBGI) 10-Year Financial Performance & Capital Metrics

BBGI • • Industrial / General

Communication ServicesBroadcastingTraditional Radio BroadcastingLocal Radio Station Operators

AboutBeasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch League. The company was founded in 1961 and is headquartered in Naples, Florida.Show more

Revenue $240M -2.8%
EBITDA $20M +127.8%
Net Income -$6M +92.2%
EPS (Diluted) -3.73 +92.6%
Gross Margin 100%
EBITDA Margin 8.46% +128.6%
Operating Margin 5.45% +116.4%
Net Margin -2.45% +91.9%
ROE -3.98% +90.1%
ROIC 2.31% +117.7%
Debt/Equity 1.95 -4.9%
Interest Coverage 0.62 +120.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.1x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y15.13%

5Y-1.68%

3Y-0.16%

TTM-7.78%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-431.05%

EPS CAGR

10Y-

5Y-

3Y-

TTM-370.79%

ROCE

10Y Avg2.39%

5Y Avg-2.96%

3Y Avg-5.42%

Latest2.56%

Peer Comparison

Local Radio Station Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SGASaga Communications, Inc.	72.9M	11.44	20.80	0.13%	0.26%	0.18%	5.89%	0.07
BBGIBeasley Broadcast Group, Inc.	5.85M	6.03	-1.62	-2.76%	-3.84%	-6%		1.95
MDIAMediaCo Holding Inc.	47.7M	0.62	-7.57	195.06%	-32.41%	-47.68%		1.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	105.95M	136.67M	232.18M	257.49M	261.55M	206.14M	241.43M	256.38M	247.11M	240.29M
Revenue Growth %	0.8%	0.29%	0.7%	0.11%	0.02%	-0.21%	0.17%	0.06%	-0.04%	-0.03%
Cost of Goods Sold+	349.92K	102.94M	1.93M	110.9K	0	0	0	0	0	0
COGS % of Revenue	0%	0.75%	0.01%	0%	-	-	-	-	-	-
Gross Profit+	105.6M	33.73M	230.25M	257.38M	261.55M	206.14M	241.43M	256.38M	247.11M	240.29M
Gross Margin %	1%	0.25%	0.99%	1%	1%	1%	1%	1%	1%	1%
Gross Profit Growth %	0.84%	-0.68%	5.83%	0.12%	0.02%	-0.21%	0.17%	0.06%	-0.04%	-0.03%
Operating Expenses+	88.43M	113.24M	197.76M	218.64M	223.44M	210.44M	226.77M	290.68M	329.1M	227.2M
OpEx % of Revenue	0.83%	0.83%	0.85%	0.85%	0.85%	1.02%	0.94%	1.13%	1.33%	0.95%
Selling, General & Admin	8.98M	10.3M	15.83M	16.29M	2.12M	750.67K	16.58M	18M	0	0
SG&A % of Revenue	0.08%	0.08%	0.07%	0.06%	0.01%	0%	0.07%	0.07%	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	323.08K	-205.59K	-3.5M	-140.11K	221.32M	209.69M	210.19M	272.68M	329.1M	227.2M
Operating Income+	13.65M	62.59M	60.84M	34.32M	38.12M	-4.29M	14.66M	-34.3M	-81.99M	13.09M
Operating Margin %	0.13%	0.46%	0.26%	0.13%	0.15%	-0.02%	0.06%	-0.13%	-0.33%	0.05%
Operating Income Growth %	1.45%	3.59%	-0.03%	-0.44%	0.11%	-1.11%	4.41%	-3.34%	-1.39%	1.16%
EBITDA+	17.48M	68.82M	66.97M	40.92M	45.47M	6.8M	25.97M	-24.38M	-73.18M	20.33M
EBITDA Margin %	0.17%	0.5%	0.29%	0.16%	0.17%	0.03%	0.11%	-0.1%	-0.3%	0.08%
EBITDA Growth %	1.27%	2.94%	-0.03%	-0.39%	0.11%	-0.85%	2.82%	-1.94%	-2%	1.28%
D&A (Non-Cash Add-back)	3.83M	6.23M	6.13M	6.6M	7.35M	11.1M	11.31M	9.92M	8.81M	7.24M
EBIT	13.97M	62.38M	57.33M	34.18M	37.87M	-7M	19.73M	-32.92M	-72.65M	13.94M
Net Interest Income+	-3.97M	-6.6M	-18.43M	-16.01M	-18.03M	-16.89M	-26.46M	-26.91M	-26.61M	-21.23M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	3.97M	6.6M	18.43M	16.01M	18.03M	16.89M	26.46M	26.91M	26.61M	21.23M
Other Income/Expense	-3.64M	-6.8M	-21.93M	-16.15M	-18.14M	-19.77M	-21.52M	-25.54M	-17.42M	-20.32M
Pretax Income+	10M	55.79M	38.9M	18.18M	19.98M	-24.06M	-6.86M	-59.84M	-99.41M	-7.23M
Pretax Margin %	0.09%	0.41%	0.17%	0.07%	0.08%	-0.12%	-0.03%	-0.23%	-0.4%	-0.03%
Income Tax+	3.64M	8.3M	-48.23M	11.7M	6.6M	-5.19M	-5.32M	-17.79M	-24.29M	-1.34M
Effective Tax Rate %	0.64%	0.85%	2.24%	0.36%	0.67%	0.74%	0.21%	0.7%	0.76%	0.81%
Net Income+	6.36M	47.49M	87.13M	6.48M	13.45M	-17.77M	-1.41M	-42.06M	-75.12M	-5.89M
Net Margin %	0.06%	0.35%	0.38%	0.03%	0.05%	-0.09%	-0.01%	-0.16%	-0.3%	-0.02%
Net Income Growth %	-0.84%	6.46%	0.83%	-0.93%	1.08%	-2.32%	0.92%	-28.92%	-0.79%	0.92%
Net Income (Continuing)	6.36M	47.49M	87.13M	6.48M	13.38M	-18.87M	-1.54M	-42.06M	-75.12M	-5.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	-66.58K	-625.47K	0	0	0	0
EPS (Diluted)+	0.28	1.98	3.14	0.24	0.48	-0.63	-1.00	-28.54	-50.20	-3.73
EPS Growth %	-0.84%	6.07%	0.59%	-0.92%	1%	-2.31%	-0.59%	-27.54%	-0.76%	0.93%
EPS (Basic)	0.28	2.00	3.15	0.24	0.49	-0.63	-1.00	-28.54	-50.20	-3.73
Diluted Shares Outstanding	23.03M	23.95M	27.79M	27.53M	27.78M	28.39M	1.47M	1.47M	1.49M	1.58M
Basic Shares Outstanding	22.91M	23.79M	27.7M	27.44M	27.73M	28.39M	1.46M	1.47M	1.49M	1.58M
Dividend Payout Ratio	0.65%	0.09%	0.06%	0.83%	0.41%	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	37.08M	103.42M	84.66M	70.95M	79.66M	77.53M	112.2M	105.66M	86.65M	69.29M
Cash & Short-Term Investments	14.32M	20.33M	13.92M	13.43M	18.65M	20.76M	51.38M	39.53M	26.73M	13.77M
Cash Only	14.32M	20.33M	13.92M	13.43M	18.65M	20.76M	51.38M	39.53M	26.73M	13.77M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	19.85M	56.06M	60.6M	52.42M	54.58M	47.4M	53.38M	56.68M	53.42M	51.55M
Days Sales Outstanding	68.38	149.73	95.27	74.3	76.16	83.92	80.7	80.7	78.91	78.31
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	1.02M	22.12M	4.14M	1.96M	2.92M	6.88M	3.4M	4.36M	2.15M	825.79K
Total Non-Current Assets+	274.32M	558.25M	570.06M	610.14M	680.4M	661.09M	649.89M	609.28M	487.62M	479.92M
Property, Plant & Equipment	27.52M	60.17M	59.32M	57.75M	93.93M	88.42M	84.32M	94.59M	86.24M	80.23M
Fixed Asset Turnover	3.85x	2.27x	3.91x	4.46x	2.78x	2.33x	2.86x	2.71x	2.87x	2.99x
Goodwill	5.34M	3.39M	15.28M	25.38M	28.6M	28.6M	28.6M	13.27M	922K	0
Intangible Assets	235.26M	477.11M	489.74M	519.56M	546.86M	534.42M	531.11M	495.47M	395.73M	394.34M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	17.36M	42.72M	5.73M	7.45M	11.01M	9.65M	5.86M	5.96M	4.73M	5.34M
Total Assets+	311.4M	661.67M	654.72M	681.09M	760.06M	738.61M	762.09M	714.94M	574.27M	549.21M
Asset Turnover	0.34x	0.21x	0.35x	0.38x	0.34x	0.28x	0.32x	0.36x	0.43x	0.44x
Asset Growth %	-0.01%	1.12%	-0.01%	0.04%	0.12%	-0.03%	0.03%	-0.06%	-0.2%	-0.04%
Total Current Liabilities+	10.9M	33.95M	28.96M	28.86M	53.19M	40.46M	44.5M	56.69M	48.3M	52.99M
Accounts Payable	2.59M	7.17M	9.12M	10.86M	12.5M	13.29M	7M	19.34M	14.3M	21.04M
Days Payables Outstanding	2.7K	25.42	1.72K	35.75K	-	-	-	-	-	-
Short-Term Debt	1.48M	6.69M	2.31M	67.1K	7.5M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	560.17K	1.16M	1.35M	1.49M	0	0	0	0	0	0
Current Ratio	3.40x	3.05x	2.92x	2.46x	1.50x	1.92x	2.52x	1.86x	1.79x	1.31x
Quick Ratio	3.40x	3.05x	2.92x	2.46x	1.50x	1.92x	2.52x	1.86x	1.79x	1.31x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	166.97M	425.23M	339.59M	377.19M	422.4M	431.05M	454.5M	434.76M	376.99M	349M
Long-Term Debt	86.46M	247.69M	212.47M	242.78M	248.71M	258.35M	293.79M	285.47M	264.2M	247.12M
Capital Lease Obligations	0	0	0	499.75K	34.91M	29.63M	28.75M	37.49M	33.44M	31.4M
Deferred Tax Liabilities	77.74M	160.54M	115.28M	122.91M	121.13M	120.91M	115.69M	98.07M	71.89M	63.75M
Other Non-Current Liabilities	2.76M	17M	11.84M	11M	17.64M	22.16M	16.28M	13.73M	7.46M	6.73M
Total Liabilities	177.86M	459.18M	368.55M	406.05M	475.59M	471.51M	499.01M	491.45M	425.29M	401.99M
Total Debt+	87.95M	254.38M	214.78M	243.41M	298.43M	295.06M	330.23M	331.12M	305.73M	287.21M
Net Debt	73.63M	234.05M	200.86M	229.98M	279.78M	274.3M	278.85M	291.59M	278.99M	273.44M
Debt / Equity	0.66x	1.26x	0.75x	0.89x	1.05x	1.10x	1.26x	1.48x	2.05x	1.95x
Debt / EBITDA	5.03x	3.70x	3.21x	5.95x	6.56x	43.37x	12.72x	-	-	14.13x
Net Debt / EBITDA	4.21x	3.40x	3.00x	5.62x	6.15x	40.32x	10.74x	-	-	13.45x
Interest Coverage	3.44x	9.49x	3.30x	2.14x	2.11x	-0.25x	0.55x	-1.27x	-3.08x	0.62x
Total Equity+	133.54M	202.49M	286.17M	275.03M	284.47M	267.1M	263.08M	223.49M	148.98M	147.22M
Equity Growth %	0.02%	0.52%	0.41%	-0.04%	0.03%	-0.06%	-0.02%	-0.15%	-0.33%	-0.01%
Book Value per Share	5.80	8.45	10.30	9.99	10.24	9.41	178.40	151.65	99.67	93.19
Total Shareholders' Equity	133.54M	202.49M	286.17M	275.03M	284.54M	267.73M	263.08M	223.49M	148.98M	147.22M
Common Stock	26.11K	31.77K	31.89K	32K	32.47K	32.59K	32.91K	33.42K	34.05K	34.84K
Retained Earnings	29.3M	72.4M	154.39M	155.4M	162.35M	143.3M	142.22M	100.16M	25.04M	19.16M
Treasury Stock	-15.36M	-15.56M	-16.67M	-30.45M	-30.66M	-28.19M	-29.02M	-29.16M	-29.24M	-29.34M
Accumulated OCI	75.16K	-721.82K	424.57K	87.89K	-436.34K	-1.43M	-1.05M	499.31K	346.48K	771.25K
Minority Interest	0	0	0	0	-66.58K	-625.47K	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	14.37M	17.15M	28.02M	24.39M	20.99M	4.21M	-1.91M	11.15M	-4.68M	-3.71M
Operating CF Margin %	0.14%	0.13%	0.12%	0.09%	0.08%	0.02%	-0.01%	0.04%	-0.02%	-0.02%
Operating CF Growth %	-0.15%	0.19%	0.63%	-0.13%	-0.14%	-0.8%	-1.45%	6.84%	-1.42%	0.21%
Net Income	6.36M	47.49M	87.13M	6.48M	13.38M	-18.87M	-1.54M	-42.06M	-75.12M	-5.89M
Depreciation & Amortization	3.83M	6.23M	6.13M	6.6M	7.35M	11.1M	11.31M	9.92M	8.81M	7.24M
Stock-Based Compensation	1.11M	809.37K	1.75M	1.95M	2.12M	750.67K	1.38M	1.06M	846.38K	893.29K
Deferred Taxes	2.01M	5.96M	-46.05M	7.75M	-1.75M	-129K	-5.32M	-18.16M	-25.92M	-8.46M
Other Non-Cash Items	5.61M	-42.14M	-19.75M	8.37M	-4.16M	11.3M	-4.67M	50.91M	90.45M	-4.23M
Working Capital Changes	-4.56M	-1.21M	-1.18M	-6.75M	4.05M	68.51K	-3.08M	9.47M	-3.74M	6.74M
Change in Receivables	-2.91M	-510.8K	4.05M	-12.59M	-2.85M	1.98M	-4.73M	-4.41M	1.62M	972.58K
Change in Inventory	-28.55M	-74M	-62.69M	-38.01M	0	0	0	0	0	0
Change in Payables	706.57K	3.83M	1.76M	1.76M	712.26K	2.07M	-5.4M	12.35M	-5.05M	6.74M
Cash from Investing+	55.47K	-89.62M	17.52M	-45.61M	-4.96M	-3.85M	-1.14M	-14.18M	6.87M	4.32M
Capital Expenditures	-2.52M	-3.44M	-17.33M	-4.41M	-9.03M	-7.48M	-4.5M	-13.36M	-4.19M	-3.01M
CapEx % of Revenue	0.02%	0.03%	0.07%	0.02%	0.03%	0.04%	0.02%	0.05%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	2.74M	1.24M	34.85M	-4.41M	-9.03M	0	3M	0	0	0
Cash from Financing+	-14.37M	78.48M	-51.95M	20.73M	-10.82M	1.74M	33.66M	-8.81M	-14.99M	-13.57M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-4.12M	-4.14M	-5.14M	-5.39M	-5.54M	-2.8M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.3M	-13.95M	-2.64M	-553.06K	0	-2.58M	-7.6M	0	0	-1.67M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	11.85M	13.72M	10.69M	19.98M	11.96M	-3.26M	-6.41M	-2.22M	-8.87M	-6.73M
FCF Margin %	0.11%	0.1%	0.05%	0.08%	0.05%	-0.02%	-0.03%	-0.01%	-0.04%	-0.03%
FCF Growth %	-0.14%	0.16%	-0.22%	0.87%	-0.4%	-1.27%	-0.96%	0.65%	-3%	0.24%
FCF per Share	0.51	0.57	0.38	0.73	0.43	-0.11	-4.34	-1.50	-5.93	-4.26
FCF Conversion (FCF/Net Income)	2.26x	0.36x	0.32x	3.76x	1.56x	-0.24x	1.36x	-0.27x	0.06x	0.63x
Interest Paid	-3.6M	5.85M	15.89M	13.99M	16.38M	14.44M	14.7M	25.56M	25.22M	27.25M
Taxes Paid	-5.17M	2.65M	2.02M	928.75K	4.25M	965.03K	1.53M	1.55M	1.4M	2.91M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.82%	28.26%	35.66%	2.31%	4.81%	-6.44%	-0.53%	-17.29%	-40.34%	-3.98%
Return on Invested Capital (ROIC)	4.88%	14.58%	9.88%	5.19%	5.35%	-0.58%	2.03%	-4.87%	-13.04%	2.31%
Gross Margin	99.67%	24.68%	99.17%	99.96%	100%	100%	100%	100%	100%	100%
Net Margin	6.01%	34.75%	37.53%	2.52%	5.14%	-8.62%	-0.58%	-16.4%	-30.4%	-2.45%
Debt / Equity	0.66x	1.26x	0.75x	0.89x	1.05x	1.10x	1.26x	1.48x	2.05x	1.95x
Interest Coverage	3.44x	9.49x	3.30x	2.14x	2.11x	-0.25x	0.55x	-1.27x	-3.08x	0.62x
FCF Conversion	2.26x	0.36x	0.32x	3.76x	1.56x	-0.24x	1.36x	-0.27x	0.06x	0.63x
Revenue Growth	80.47%	28.99%	69.89%	10.9%	1.58%	-21.19%	17.12%	6.19%	-3.62%	-2.76%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Audio Advertising	-	-	-	206.46M	213.04M	199.48M	193.56M
Audio Advertising Growth	-	-	-	-	3.18%	-6.36%	-2.97%
Digital Advertising	15.49M	20.3M	21.61M	32.74M	40.76M	45.42M	46.73M
Digital Advertising Growth	-	31.08%	6.45%	51.55%	24.47%	11.44%	2.89%
Other Advertising	19.25M	17.42M	12.71M	2.22M	2.59M	2.21M	-
Other Advertising Growth	-	-9.46%	-27.07%	-82.52%	16.56%	-14.65%	-
Commercial Advertising	222.76M	223.83M	171.83M	-	-	-	-
Commercial Advertising Growth	-	0.48%	-23.23%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Beasley Broadcast Group, Inc. (BBGI) reported $220.2M in revenue for fiscal year 2024. This represents a 125% increase from $97.7M in 2011.

Beasley Broadcast Group, Inc. (BBGI) saw revenue decline by 2.8% over the past year.

Beasley Broadcast Group, Inc. (BBGI) reported a net loss of $8.5M for fiscal year 2024.

Dividend & Returns

Beasley Broadcast Group, Inc. (BBGI) has a return on equity (ROE) of -4.0%. Negative ROE indicates the company is unprofitable.

Beasley Broadcast Group, Inc. (BBGI) had negative free cash flow of $3.7M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Beasley Broadcast Group, Inc. (BBGI) 10-Year Financial Performance & Capital Metrics

BBGI • • Industrial / General

Communication ServicesBroadcastingTraditional Radio BroadcastingLocal Radio Station Operators

Revenue $240M -2.8%
EBITDA $20M +127.8%
Net Income -$6M +92.2%
EPS (Diluted) -3.73 +92.6%
Gross Margin 100%
EBITDA Margin 8.46% +128.6%
Operating Margin 5.45% +116.4%
Net Margin -2.45% +91.9%
ROE -3.98% +90.1%
ROIC 2.31% +117.7%
Debt/Equity 1.95 -4.9%
Interest Coverage 0.62 +120.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.1x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y15.13%

5Y-1.68%

3Y-0.16%

TTM-7.78%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-431.05%

EPS CAGR

10Y-

5Y-

3Y-

TTM-370.79%

ROCE

10Y Avg2.39%

5Y Avg-2.96%

3Y Avg-5.42%

Latest2.56%

Peer Comparison

Local Radio Station Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SGASaga Communications, Inc.	72.9M	11.44	20.80	0.13%	0.26%	0.18%	5.89%	0.07
BBGIBeasley Broadcast Group, Inc.	5.85M	6.03	-1.62	-2.76%	-3.84%	-6%		1.95
MDIAMediaCo Holding Inc.	47.7M	0.62	-7.57	195.06%	-32.41%	-47.68%		1.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	105.95M	136.67M	232.18M	257.49M	261.55M	206.14M	241.43M	256.38M	247.11M	240.29M
Revenue Growth %	0.8%	0.29%	0.7%	0.11%	0.02%	-0.21%	0.17%	0.06%	-0.04%	-0.03%
Cost of Goods Sold+	349.92K	102.94M	1.93M	110.9K	0	0	0	0	0	0
COGS % of Revenue	0%	0.75%	0.01%	0%	-	-	-	-	-	-
Gross Profit+	105.6M	33.73M	230.25M	257.38M	261.55M	206.14M	241.43M	256.38M	247.11M	240.29M
Gross Margin %	1%	0.25%	0.99%	1%	1%	1%	1%	1%	1%	1%
Gross Profit Growth %	0.84%	-0.68%	5.83%	0.12%	0.02%	-0.21%	0.17%	0.06%	-0.04%	-0.03%
Operating Expenses+	88.43M	113.24M	197.76M	218.64M	223.44M	210.44M	226.77M	290.68M	329.1M	227.2M
OpEx % of Revenue	0.83%	0.83%	0.85%	0.85%	0.85%	1.02%	0.94%	1.13%	1.33%	0.95%
Selling, General & Admin	8.98M	10.3M	15.83M	16.29M	2.12M	750.67K	16.58M	18M	0	0
SG&A % of Revenue	0.08%	0.08%	0.07%	0.06%	0.01%	0%	0.07%	0.07%	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	323.08K	-205.59K	-3.5M	-140.11K	221.32M	209.69M	210.19M	272.68M	329.1M	227.2M
Operating Income+	13.65M	62.59M	60.84M	34.32M	38.12M	-4.29M	14.66M	-34.3M	-81.99M	13.09M
Operating Margin %	0.13%	0.46%	0.26%	0.13%	0.15%	-0.02%	0.06%	-0.13%	-0.33%	0.05%
Operating Income Growth %	1.45%	3.59%	-0.03%	-0.44%	0.11%	-1.11%	4.41%	-3.34%	-1.39%	1.16%
EBITDA+	17.48M	68.82M	66.97M	40.92M	45.47M	6.8M	25.97M	-24.38M	-73.18M	20.33M
EBITDA Margin %	0.17%	0.5%	0.29%	0.16%	0.17%	0.03%	0.11%	-0.1%	-0.3%	0.08%
EBITDA Growth %	1.27%	2.94%	-0.03%	-0.39%	0.11%	-0.85%	2.82%	-1.94%	-2%	1.28%
D&A (Non-Cash Add-back)	3.83M	6.23M	6.13M	6.6M	7.35M	11.1M	11.31M	9.92M	8.81M	7.24M
EBIT	13.97M	62.38M	57.33M	34.18M	37.87M	-7M	19.73M	-32.92M	-72.65M	13.94M
Net Interest Income+	-3.97M	-6.6M	-18.43M	-16.01M	-18.03M	-16.89M	-26.46M	-26.91M	-26.61M	-21.23M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	3.97M	6.6M	18.43M	16.01M	18.03M	16.89M	26.46M	26.91M	26.61M	21.23M
Other Income/Expense	-3.64M	-6.8M	-21.93M	-16.15M	-18.14M	-19.77M	-21.52M	-25.54M	-17.42M	-20.32M
Pretax Income+	10M	55.79M	38.9M	18.18M	19.98M	-24.06M	-6.86M	-59.84M	-99.41M	-7.23M
Pretax Margin %	0.09%	0.41%	0.17%	0.07%	0.08%	-0.12%	-0.03%	-0.23%	-0.4%	-0.03%
Income Tax+	3.64M	8.3M	-48.23M	11.7M	6.6M	-5.19M	-5.32M	-17.79M	-24.29M	-1.34M
Effective Tax Rate %	0.64%	0.85%	2.24%	0.36%	0.67%	0.74%	0.21%	0.7%	0.76%	0.81%
Net Income+	6.36M	47.49M	87.13M	6.48M	13.45M	-17.77M	-1.41M	-42.06M	-75.12M	-5.89M
Net Margin %	0.06%	0.35%	0.38%	0.03%	0.05%	-0.09%	-0.01%	-0.16%	-0.3%	-0.02%
Net Income Growth %	-0.84%	6.46%	0.83%	-0.93%	1.08%	-2.32%	0.92%	-28.92%	-0.79%	0.92%
Net Income (Continuing)	6.36M	47.49M	87.13M	6.48M	13.38M	-18.87M	-1.54M	-42.06M	-75.12M	-5.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	-66.58K	-625.47K	0	0	0	0
EPS (Diluted)+	0.28	1.98	3.14	0.24	0.48	-0.63	-1.00	-28.54	-50.20	-3.73
EPS Growth %	-0.84%	6.07%	0.59%	-0.92%	1%	-2.31%	-0.59%	-27.54%	-0.76%	0.93%
EPS (Basic)	0.28	2.00	3.15	0.24	0.49	-0.63	-1.00	-28.54	-50.20	-3.73
Diluted Shares Outstanding	23.03M	23.95M	27.79M	27.53M	27.78M	28.39M	1.47M	1.47M	1.49M	1.58M
Basic Shares Outstanding	22.91M	23.79M	27.7M	27.44M	27.73M	28.39M	1.46M	1.47M	1.49M	1.58M
Dividend Payout Ratio	0.65%	0.09%	0.06%	0.83%	0.41%	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	37.08M	103.42M	84.66M	70.95M	79.66M	77.53M	112.2M	105.66M	86.65M	69.29M
Cash & Short-Term Investments	14.32M	20.33M	13.92M	13.43M	18.65M	20.76M	51.38M	39.53M	26.73M	13.77M
Cash Only	14.32M	20.33M	13.92M	13.43M	18.65M	20.76M	51.38M	39.53M	26.73M	13.77M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	19.85M	56.06M	60.6M	52.42M	54.58M	47.4M	53.38M	56.68M	53.42M	51.55M
Days Sales Outstanding	68.38	149.73	95.27	74.3	76.16	83.92	80.7	80.7	78.91	78.31
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	1.02M	22.12M	4.14M	1.96M	2.92M	6.88M	3.4M	4.36M	2.15M	825.79K
Total Non-Current Assets+	274.32M	558.25M	570.06M	610.14M	680.4M	661.09M	649.89M	609.28M	487.62M	479.92M
Property, Plant & Equipment	27.52M	60.17M	59.32M	57.75M	93.93M	88.42M	84.32M	94.59M	86.24M	80.23M
Fixed Asset Turnover	3.85x	2.27x	3.91x	4.46x	2.78x	2.33x	2.86x	2.71x	2.87x	2.99x
Goodwill	5.34M	3.39M	15.28M	25.38M	28.6M	28.6M	28.6M	13.27M	922K	0
Intangible Assets	235.26M	477.11M	489.74M	519.56M	546.86M	534.42M	531.11M	495.47M	395.73M	394.34M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	17.36M	42.72M	5.73M	7.45M	11.01M	9.65M	5.86M	5.96M	4.73M	5.34M
Total Assets+	311.4M	661.67M	654.72M	681.09M	760.06M	738.61M	762.09M	714.94M	574.27M	549.21M
Asset Turnover	0.34x	0.21x	0.35x	0.38x	0.34x	0.28x	0.32x	0.36x	0.43x	0.44x
Asset Growth %	-0.01%	1.12%	-0.01%	0.04%	0.12%	-0.03%	0.03%	-0.06%	-0.2%	-0.04%
Total Current Liabilities+	10.9M	33.95M	28.96M	28.86M	53.19M	40.46M	44.5M	56.69M	48.3M	52.99M
Accounts Payable	2.59M	7.17M	9.12M	10.86M	12.5M	13.29M	7M	19.34M	14.3M	21.04M
Days Payables Outstanding	2.7K	25.42	1.72K	35.75K	-	-	-	-	-	-
Short-Term Debt	1.48M	6.69M	2.31M	67.1K	7.5M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	560.17K	1.16M	1.35M	1.49M	0	0	0	0	0	0
Current Ratio	3.40x	3.05x	2.92x	2.46x	1.50x	1.92x	2.52x	1.86x	1.79x	1.31x
Quick Ratio	3.40x	3.05x	2.92x	2.46x	1.50x	1.92x	2.52x	1.86x	1.79x	1.31x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	166.97M	425.23M	339.59M	377.19M	422.4M	431.05M	454.5M	434.76M	376.99M	349M
Long-Term Debt	86.46M	247.69M	212.47M	242.78M	248.71M	258.35M	293.79M	285.47M	264.2M	247.12M
Capital Lease Obligations	0	0	0	499.75K	34.91M	29.63M	28.75M	37.49M	33.44M	31.4M
Deferred Tax Liabilities	77.74M	160.54M	115.28M	122.91M	121.13M	120.91M	115.69M	98.07M	71.89M	63.75M
Other Non-Current Liabilities	2.76M	17M	11.84M	11M	17.64M	22.16M	16.28M	13.73M	7.46M	6.73M
Total Liabilities	177.86M	459.18M	368.55M	406.05M	475.59M	471.51M	499.01M	491.45M	425.29M	401.99M
Total Debt+	87.95M	254.38M	214.78M	243.41M	298.43M	295.06M	330.23M	331.12M	305.73M	287.21M
Net Debt	73.63M	234.05M	200.86M	229.98M	279.78M	274.3M	278.85M	291.59M	278.99M	273.44M
Debt / Equity	0.66x	1.26x	0.75x	0.89x	1.05x	1.10x	1.26x	1.48x	2.05x	1.95x
Debt / EBITDA	5.03x	3.70x	3.21x	5.95x	6.56x	43.37x	12.72x	-	-	14.13x
Net Debt / EBITDA	4.21x	3.40x	3.00x	5.62x	6.15x	40.32x	10.74x	-	-	13.45x
Interest Coverage	3.44x	9.49x	3.30x	2.14x	2.11x	-0.25x	0.55x	-1.27x	-3.08x	0.62x
Total Equity+	133.54M	202.49M	286.17M	275.03M	284.47M	267.1M	263.08M	223.49M	148.98M	147.22M
Equity Growth %	0.02%	0.52%	0.41%	-0.04%	0.03%	-0.06%	-0.02%	-0.15%	-0.33%	-0.01%
Book Value per Share	5.80	8.45	10.30	9.99	10.24	9.41	178.40	151.65	99.67	93.19
Total Shareholders' Equity	133.54M	202.49M	286.17M	275.03M	284.54M	267.73M	263.08M	223.49M	148.98M	147.22M
Common Stock	26.11K	31.77K	31.89K	32K	32.47K	32.59K	32.91K	33.42K	34.05K	34.84K
Retained Earnings	29.3M	72.4M	154.39M	155.4M	162.35M	143.3M	142.22M	100.16M	25.04M	19.16M
Treasury Stock	-15.36M	-15.56M	-16.67M	-30.45M	-30.66M	-28.19M	-29.02M	-29.16M	-29.24M	-29.34M
Accumulated OCI	75.16K	-721.82K	424.57K	87.89K	-436.34K	-1.43M	-1.05M	499.31K	346.48K	771.25K
Minority Interest	0	0	0	0	-66.58K	-625.47K	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	14.37M	17.15M	28.02M	24.39M	20.99M	4.21M	-1.91M	11.15M	-4.68M	-3.71M
Operating CF Margin %	0.14%	0.13%	0.12%	0.09%	0.08%	0.02%	-0.01%	0.04%	-0.02%	-0.02%
Operating CF Growth %	-0.15%	0.19%	0.63%	-0.13%	-0.14%	-0.8%	-1.45%	6.84%	-1.42%	0.21%
Net Income	6.36M	47.49M	87.13M	6.48M	13.38M	-18.87M	-1.54M	-42.06M	-75.12M	-5.89M
Depreciation & Amortization	3.83M	6.23M	6.13M	6.6M	7.35M	11.1M	11.31M	9.92M	8.81M	7.24M
Stock-Based Compensation	1.11M	809.37K	1.75M	1.95M	2.12M	750.67K	1.38M	1.06M	846.38K	893.29K
Deferred Taxes	2.01M	5.96M	-46.05M	7.75M	-1.75M	-129K	-5.32M	-18.16M	-25.92M	-8.46M
Other Non-Cash Items	5.61M	-42.14M	-19.75M	8.37M	-4.16M	11.3M	-4.67M	50.91M	90.45M	-4.23M
Working Capital Changes	-4.56M	-1.21M	-1.18M	-6.75M	4.05M	68.51K	-3.08M	9.47M	-3.74M	6.74M
Change in Receivables	-2.91M	-510.8K	4.05M	-12.59M	-2.85M	1.98M	-4.73M	-4.41M	1.62M	972.58K
Change in Inventory	-28.55M	-74M	-62.69M	-38.01M	0	0	0	0	0	0
Change in Payables	706.57K	3.83M	1.76M	1.76M	712.26K	2.07M	-5.4M	12.35M	-5.05M	6.74M
Cash from Investing+	55.47K	-89.62M	17.52M	-45.61M	-4.96M	-3.85M	-1.14M	-14.18M	6.87M	4.32M
Capital Expenditures	-2.52M	-3.44M	-17.33M	-4.41M	-9.03M	-7.48M	-4.5M	-13.36M	-4.19M	-3.01M
CapEx % of Revenue	0.02%	0.03%	0.07%	0.02%	0.03%	0.04%	0.02%	0.05%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	2.74M	1.24M	34.85M	-4.41M	-9.03M	0	3M	0	0	0
Cash from Financing+	-14.37M	78.48M	-51.95M	20.73M	-10.82M	1.74M	33.66M	-8.81M	-14.99M	-13.57M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-4.12M	-4.14M	-5.14M	-5.39M	-5.54M	-2.8M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.3M	-13.95M	-2.64M	-553.06K	0	-2.58M	-7.6M	0	0	-1.67M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	11.85M	13.72M	10.69M	19.98M	11.96M	-3.26M	-6.41M	-2.22M	-8.87M	-6.73M
FCF Margin %	0.11%	0.1%	0.05%	0.08%	0.05%	-0.02%	-0.03%	-0.01%	-0.04%	-0.03%
FCF Growth %	-0.14%	0.16%	-0.22%	0.87%	-0.4%	-1.27%	-0.96%	0.65%	-3%	0.24%
FCF per Share	0.51	0.57	0.38	0.73	0.43	-0.11	-4.34	-1.50	-5.93	-4.26
FCF Conversion (FCF/Net Income)	2.26x	0.36x	0.32x	3.76x	1.56x	-0.24x	1.36x	-0.27x	0.06x	0.63x
Interest Paid	-3.6M	5.85M	15.89M	13.99M	16.38M	14.44M	14.7M	25.56M	25.22M	27.25M
Taxes Paid	-5.17M	2.65M	2.02M	928.75K	4.25M	965.03K	1.53M	1.55M	1.4M	2.91M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.82%	28.26%	35.66%	2.31%	4.81%	-6.44%	-0.53%	-17.29%	-40.34%	-3.98%
Return on Invested Capital (ROIC)	4.88%	14.58%	9.88%	5.19%	5.35%	-0.58%	2.03%	-4.87%	-13.04%	2.31%
Gross Margin	99.67%	24.68%	99.17%	99.96%	100%	100%	100%	100%	100%	100%
Net Margin	6.01%	34.75%	37.53%	2.52%	5.14%	-8.62%	-0.58%	-16.4%	-30.4%	-2.45%
Debt / Equity	0.66x	1.26x	0.75x	0.89x	1.05x	1.10x	1.26x	1.48x	2.05x	1.95x
Interest Coverage	3.44x	9.49x	3.30x	2.14x	2.11x	-0.25x	0.55x	-1.27x	-3.08x	0.62x
FCF Conversion	2.26x	0.36x	0.32x	3.76x	1.56x	-0.24x	1.36x	-0.27x	0.06x	0.63x
Revenue Growth	80.47%	28.99%	69.89%	10.9%	1.58%	-21.19%	17.12%	6.19%	-3.62%	-2.76%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Audio Advertising	-	-	-	206.46M	213.04M	199.48M	193.56M
Audio Advertising Growth	-	-	-	-	3.18%	-6.36%	-2.97%
Digital Advertising	15.49M	20.3M	21.61M	32.74M	40.76M	45.42M	46.73M
Digital Advertising Growth	-	31.08%	6.45%	51.55%	24.47%	11.44%	2.89%
Other Advertising	19.25M	17.42M	12.71M	2.22M	2.59M	2.21M	-
Other Advertising Growth	-	-9.46%	-27.07%	-82.52%	16.56%	-14.65%	-
Commercial Advertising	222.76M	223.83M	171.83M	-	-	-	-
Commercial Advertising Growth	-	0.48%	-23.23%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Beasley Broadcast Group, Inc. (BBGI) reported $220.2M in revenue for fiscal year 2024. This represents a 125% increase from $97.7M in 2011.

Beasley Broadcast Group, Inc. (BBGI) saw revenue decline by 2.8% over the past year.

Beasley Broadcast Group, Inc. (BBGI) reported a net loss of $8.5M for fiscal year 2024.

Dividend & Returns

Beasley Broadcast Group, Inc. (BBGI) has a return on equity (ROE) of -4.0%. Negative ROE indicates the company is unprofitable.

Beasley Broadcast Group, Inc. (BBGI) had negative free cash flow of $3.7M in fiscal year 2024, likely due to heavy capital investments.