MSG Networks

MSG Networks owns and operates two regional sports and entertainment networks, MSG Network and MSG+, as well as the live streaming and video on demand platform MSG GO. The networks are home to eight professional sports teams: the New York Knicks; New York Rangers; New York Liberty; New York Islanders; New Jersey Devils; Buffalo Sabres; Major League Soccer’s Red Bulls and the Westchester Knicks, as well as college football and college basketball from top conferences, and a full schedule of critically-acclaimed original programming.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
2015
Size (employees)
175 (est)
MSG Networks was founded in 2015 and is headquartered in New York, US

MSG Networks Office Locations

MSG Networks has an office in New York
New York, US (HQ)
11 Pennsylvania Plaza

MSG Networks Financials and Metrics

MSG Networks Financials

MSG Networks's revenue was reported to be $658.2 m in FY, 2016
USD

Revenue (Q3, 2017)

183.2 m

Net income (Q3, 2017)

44.2 m

EBIT (Q3, 2017)

83.1 m

Market capitalization (31-Oct-2017)

1.3 b

Closing share price (31-Oct-2017)

19.4

Cash (31-Mar-2017)

176.7 m

EV

2.5 b
MSG Networks's current market capitalization is $1.3 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.6 b1.6 b658.2 m

Revenue growth, %

4%(59%)

General and administrative expense

102 m

Operating expense total

102 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

215.6 m509.4 m459 m241.7 m542.5 m449.4 m148.1 m169.9 m179.6 m153.6 m175.6 m183.2 m

General and administrative expense

72.8 m87.4 m100.9 m75.3 m92.2 m79.3 m41.1 m22.4 m19.6 m15.6 m23.2 m21.9 m

Operating expense total

72.8 m87.4 m100.9 m75.3 m92.2 m79.3 m41.1 m22.4 m19.6 m15.6 m23.2 m21.9 m

EBIT

39.9 m96.5 m27.4 m197.4 m138.3 m70.1 m42.2 m72.9 m84.1 m74.5 m79.8 m83.1 m
USDFY, 2014FY, 2015FY, 2016

Cash

92.3 m218.7 m119.6 m

Accounts Receivable

135.4 m136.7 m101.4 m

Current Assets

400 m498.4 m281.1 m

PP&E

1.3 b1.2 b14.2 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

119.1 m154.5 m76.5 m320.8 m378.9 m241.1 m213.4 m237.8 m111.1 m155.5 m185.1 m176.7 m

Accounts Receivable

130.4 m150 m200.1 m116.8 m139.6 m179.6 m77 m85.7 m77 m101.2 m100.6 m106 m

Current Assets

370.3 m422 m387.2 m552.1 m633.8 m546.6 m330.8 m381.6 m272.6 m298 m332.4 m345.1 m

PP&E

1.2 b1.3 b1.3 b1.2 b1.2 b1.2 b17.8 m16 m14.5 m14 m12.6 m11.3 m
USDFY, 2014FY, 2015FY, 2016

Net Income

115.1 m254.7 m7.6 m

Depreciation and Amortization

107 m121.1 m14.6 m

Accounts Receivable

(11 m)(1.9 m)(16.6 m)

Accounts Payable

704 k(955 k)(9.3 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

23.9 m84.4 m103.4 m108.1 m169.3 m209 m(119.7 m)(85.8 m)(41.1 m)40.2 m83.5 m127.7 m

Depreciation and Amortization

22.8 m47.2 m76.9 m37.6 m65.8 m94.4 m4.7 m7.8 m10.4 m2.6 m5.2 m7.7 m

Accounts Receivable

15.5 m(4.2 m)(54.4 m)18.4 m(4.4 m)(44.5 m)8.3 m(560 k)8 m229 k1 m(4.3 m)

Accounts Payable

(7.6 m)5.7 m243 k(5.1 m)7.3 m4.2 m(4.8 m)(9.4 m)(10.4 m)(1 m)(1.1 m)(1 m)
USDY, 2017

EV/EBIT

30.2 x

EV/CFO

-2.6 k x

EV/FCF

-705 x

Revenue/Employee

1.1 m

Financial Leverage

-0.9 x
Show all financial metrics

MSG Networks Operating Metrics

FY, 2014FY, 2015FY, 2016

Viewing Subscribers

7.8 m7.5 m7.2 m
Show all operating metrics

MSG Networks Market Value History

MSG Networks Revenue Breakdown

MSG Networks's Web-traffic and Trends

MSG Networks Online and Social Media Presence

MSG Networks Company Life and Culture

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