Cumulus Media Inc. (CMLS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | -659K | -3.7M | -3.82M | 17.01M | 3.93M | -8.22M | -16.11M | 3.27M | -6.8M | 11.53M | 23.66M | 23.96M | 23.99M | 6.2M | 24.32M | 35.3M | 12.53M | -5.25M | 25.95M | -28.56M |
| Operating CF Margin % | -0.37% | -1.99% | -2.04% | 7.78% | 1.93% | -4.01% | -8.05% | 1.48% | -3.28% | 5.49% | 11.5% | 9.54% | 10.28% | 2.62% | 10.48% | 13.99% | 5.27% | -2.34% | 12.86% | -11.62% |
| Operating CF Growth % | -116.79% | 54.97% | 76.26% | 420.05% | 157.75% | -171.33% | -168.08% | -86.35% | -128.33% | 85.91% | -2.73% | -32.11% | 91.51% | 218.02% | -6.26% | 223.58% | 35.47% | -118.84% | 7.14% | -234.69% |
| Net Income | -20.41M | -12.82M | -32.37M | -231.08M | -10.32M | -27.7M | -14.15M | -98.07M | 2.72M | -1.07M | -21.47M | -54K | 8.54M | 8.65M | -905K | 17.64M | 27.45M | -5.89M | -21.92M | -249K |
| Depreciation & Amortization | 12.6M | 14.12M | 14.8M | 14.85M | 14.67M | 14.68M | 14.87M | 14.4M | 13.95M | 15.15M | 14.68M | 14.98M | 14.03M | 13.81M | 13.55M | 13.75M | 13.22M | 13.16M | 13.41M | 16.81M |
| Stock-Based Compensation | 577K | 574K | 849K | 1.25M | 1.05M | 1.34M | 1.07M | 1.18M | 1.47M | 1.49M | 1.13M | 1.52M | 1.52M | 1.69M | 1.51M | 1.4M | 1.37M | 1.36M | 1.06M | 772K |
| Deferred Taxes | -230K | 308K | 1.41M | -12.1M | 204K | 612K | 1.29M | 18.35M | -114K | -2.27M | 1.68M | -1.25M | 1.37M | 995K | -80K | 1.86M | 3.52M | 764K | -4.72M | -8.01M |
| Other Non-Cash Items | -2.91M | 428K | -907K | 226.86M | -760K | 789K | -14.26M | 68.57M | -8.68M | -208K | -6.54M | 13.65M | 1.24M | -54K | -269K | -16.14M | -18.47M | 897K | -980K | 10.29M |
| Working Capital Changes | 9.71M | -6.31M | 12.39M | 17.23M | -913K | 2.06M | -4.92M | -1.16M | -16.14M | -1.56M | 34.17M | -4.88M | -2.71M | -18.89M | 10.52M | 16.79M | -14.56M | -15.54M | 39.09M | -48.18M |
| Change in Receivables | 16.56M | 482K | 10.01M | 7.99M | 7.53M | -4.15M | 8.99M | -7.01M | -6.94M | -2.18M | 43.06M | -12.21M | -513K | -19.7M | 15.54M | 4.65M | -22.43M | -15.19M | 37.58M | -39.27M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -130K | -8.29M | 3.34M | -2.5M | -5.42M | 450K | -3.71M | 8.16M | -1.52M | -2.7M | -7.12M | 2.67M | -9.92M | 293K | 7.74M | 4.12M | 9.35M | -7.96M | 7.3M | -14.82M |
| Cash from Investing | -3.9M | -5.51M | -5.06M | -3.25M | -3.33M | -4.39M | 6.74M | -3.61M | 3.16M | -6.3M | -75K | -11.44M | -6.86M | -3.92M | -4.02M | -6.92M | 16.5M | -8.24M | -2.89M | -4.42M |
| Capital Expenditures | -4.39M | -5.53M | -5.54M | -3.58M | -3.33M | -4.39M | -8.17M | -3.79M | -7.05M | -6.6M | -7.37M | -12.5M | -6.95M | -6.34M | -5.27M | -103K | -10.02M | -9.08M | -2.89M | -5.31M |
| CapEx % of Revenue | 2.44% | 2.97% | 2.96% | 1.64% | 1.63% | 2.14% | 4.08% | 1.71% | 3.4% | 3.14% | 3.58% | 4.98% | 2.98% | 2.68% | 2.27% | 0.04% | 4.21% | 4.04% | 1.43% | 2.16% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 56K | 0 | 10.21M | 0 | 0 | 25K | 45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 490K | 16K | 482K | 331K | 0 | 0 | 0 | 179K | 0 | 302K | 7.3M | 1.04M | 47K | 2.42M | 1.25M | -6.81M | 26.52M | 841K | 0 | 894K |
| Cash from Financing | -1.77M | 53.27M | -2.26M | -2.08M | -1.94M | -2.24M | -2.95M | -1.81M | -5.98M | -31.69M | -12.13M | -23.24M | -7.68M | -74.69M | -16.23M | -4.27M | -1.09M | -155.33M | -1.01M | -48.98M |
| Debt Issued (Net) | -276K | -1.73M | -1.99M | -2.08M | -276K | -2.23M | -259K | -243K | -5.98M | -24M | -5.81M | -18.96M | -2.53M | -48.29M | -12.57M | -79K | -58K | -156.75M | 293K | 156.46M |
| Equity Issued (Net) | 0 | 0 | -274K | 0 | 0 | -2K | -1000K | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -40K | 0 | -208K | -315K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -274K | 0 | 0 | -2K | -1.08M | 0 | 0 | -6.28M | -2.93M | -2.93M | -3.92M | -25.22M | -1.48M | -40K | 0 | -208K | -315K | 0 |
| Other Financing | -1.49M | 55M | 0 | 0 | -1.66M | 0 | -1.61M | -1.57M | 0 | -1.41M | -3.39M | -1.35M | -1.23M | -1.17M | -2.19M | -4.15M | -1.04M | 1.62M | -989K | -205.44M |
| Net Change in Cash | -6.33M | 44.05M | -11.14M | 11.68M | -1.34M | -14.85M | -12.32M | -2.15M | -9.61M | -26.46M | 11.45M | -10.72M | 9.46M | -72.4M | 4.07M | 24.11M | 27.94M | -168.83M | 22.05M | -81.96M |
| Free Cash Flow | -5.05M | -9.23M | -9.36M | 13.43M | 598K | -12.61M | -24.27M | -517K | -13.85M | 4.93M | 16.29M | 11.46M | 17.04M | -138K | 19.05M | 35.2M | 2.51M | -14.34M | 23.06M | -33.87M |
| FCF Margin % | -2.8% | -4.96% | -5% | 6.14% | 0.29% | -6.16% | -12.13% | -0.23% | -6.68% | 2.34% | 7.92% | 4.56% | 7.3% | -0.06% | 8.21% | 13.95% | 1.06% | -6.38% | 11.43% | -13.77% |
| FCF Growth % | -944.98% | 26.8% | 61.42% | 2697.29% | 104.32% | -355.96% | -249.04% | -104.51% | -181.27% | 3670.29% | -14.52% | -67.43% | 578.65% | 99.04% | -17.36% | 203.91% | -52.3% | -156.38% | 9.23% | -470.71% |
| FCF per Share | -0.29 | -0.53 | -0.54 | 0.79 | 0.04 | -0.75 | -1.45 | -0.03 | -0.84 | 0.28 | 0.89 | 0.63 | 0.90 | -0.01 | 0.92 | 1.68 | 0.12 | -0.70 | 1.13 | -1.36 |
| FCF Conversion (FCF/Net Income) | 0.03x | 0.29x | 0.12x | -0.07x | -0.38x | 0.30x | 1.14x | -0.03x | -2.50x | -10.80x | -1.10x | -443.78x | 2.81x | 0.72x | -26.88x | 2.00x | 0.46x | 0.89x | -1.18x | 114.71x |
| Interest Paid | 23.54M | 0 | 0 | -34.59M | 0 | 12.63M | 21.97M | 0 | 0 | 13.01M | 17.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | -473K | 0 | 438K | 35K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |