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Salem Media Group

OverviewSuggest Edit

Salem Media Group is a multimedia company specializing in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Its integrated multimedia platform includes traditional media, such as radio broadcasting, book publishing and print magazines, as well as emerging forms of media, such as websites, podcasts, mobile applications, and digital publications.

TypePublic
Founded1986
HQIrving, TX, USMap
Websitesalemmedia.com
Employee Ratings4.4More
Overall CultureA+More
View Jobs (150)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2020)1,133(-3%)
Job Openings150
Revenue (FY, 2020)$236.2 M(-6%)
Share Price (Nov 2021)$3.4(-5%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Salem Media Group

Edward G. Atsinger III

Edward G. Atsinger III

Chief Executive Officer and Director
Dave Santrella

Dave Santrella

President – Broadcast Media
David Evans

David Evans

President – New Media
Chris Henderson

Chris Henderson

Executive Vice President, Legal and Human Resources, General Counsel, and Corporate Secretary
Evan D. Masyr

Evan D. Masyr

Executive Vice President and Chief Financial Officer
Stuart W. Epperson

Stuart W. Epperson

Chairman of the Board
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Salem Media Group Office Locations

Salem Media Group has offices in Irving, Camarillo, Nashville, Richmond and in 1 other location
Irving, TX, US (HQ)
6400 N Belt Line Rd
Camarillo, CA, US
4880 Santa Rosa Rd
Nashville, TN, US
402 Bna Dr #400
Richmond, VA, US
111 Virginia St #500
Washington, DC, US
122 C St NW #515
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Salem Media Group Financials and Metrics

Salem Media Group Revenue

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Salem Media Group's revenue was reported to be $236.24 m in FY, 2020 which is a 7% decrease from the previous period.
USD

Revenue (Q2, 2021)

63.8m

Gross profit (Q2, 2021)

12.9m

Gross profit margin (Q2, 2021), %

20.2%

Net income (Q2, 2021)

2.3m

EBIT (Q2, 2021)

5.6m

Market capitalization (12-Nov-2021)

77.4m

Closing stock price (12-Nov-2021)

3.4

Cash (30-Jun-2021)

19.9m

EV

335.8m
Salem Media Group's current market capitalization is $77.4 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

262.8m253.9m236.2m

Revenue growth, %

(3%)(7%)

Cost of goods sold

204.3m202.6m194.6m

Gross profit

58.5m51.3m41.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

60.5m64.7m64.1m58.3m52.9m60.6m59.4m63.8m

Cost of goods sold

49.3m51.1m51.1m50.7m46.3m47.2m47.2m50.9m

Gross profit

11.1m13.6m13.0m7.5m6.6m13.4m12.1m12.9m

Gross profit Margin, %

18%21%20%13%12%22%20%20%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

117.0k6.0k6.3m

Accounts Receivable

33.0m30.8m24.5m

Prepaid Expenses

6.5m5.9m6.8m

Inventories

677.0k717.0k495.0k
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

4.0k9.0k7.0k1.3m19.0m19.3m23.4m19.9m

Accounts Receivable

30.4m32.2m33.5m26.9m22.5m24.2m23.0m24.6m

Prepaid Expenses

5.1m5.4m6.2m6.5m5.8m7.2m7.6m7.2m

Inventories

533.0k630.0k649.0k647.0k707.0k618.0k588.0k719.0k
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(3.2m)(27.8m)(54.1m)

Depreciation and Amortization

18.2m15.9m14.1m

Inventories

53.0k(440.0k)222.0k

Accounts Payable

1.0m(2.0m)3.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

322.0k(3.3m)(23.3m)(55.2m)(57.7m)(57.4m)323.0k2.6m

Depreciation and Amortization

4.2m8.2m12.1m3.7m7.3m10.7m3.2m6.5m

Inventories

(256.0k)(353.0k)(372.0k)70.0k10.0k99.0k(93.0k)(224.0k)

Accounts Payable

3.4m(459.0k)4.5m4.5m1.7m(6.4m)2.5m453.0k
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USDFY, 2018

EV/EBIT

18.2 x

EV/CFO

13.4 x

EV/FCF

32.9 x

Revenue/Employee

221.6k

Debt/Equity

1.1 x

Debt/Assets

0.5 x

Financial Leverage

2.5 x

P/E Ratio

8.0
Show all financial metrics

Salem Media Group Operating Metrics

FY, 2018FY, 2019FY, 2020

Mobile Applications

303030

Publishers

233

Radio Stations

11610099

Websites Managed

343637
Show all operating metrics

Salem Media Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Hyper Pixels MediaSeptember 15, 2020$1.1 m
Air Hot, Inc.
Bison Media, Inc.
Eagle Products, LLC
Inspiration Media, Inc.
Inspiration Media of Texas, LLC
New Inspiration Broadcasting Company, Inc.
NI Acquisition Corporation
Reach Satellite Network, Inc.
Salem Communications Holding Corporation
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Salem Media Group Revenue Breakdown

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Salem Media Group revenue breakdown by business segment: 75.4% from Broadcasting, 16.8% from Digital Media and 7.8% from Publishing

Salem Media Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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Salem Media Group Online and Social Media Presence

Salem Media Group's Trends

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Salem Media Group Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A-

    80/100

  • Diversity

    C

    67/100

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Salem Media Group News and Updates

June 17, 2020

Thinking about buying stock in Celsion Corp, Alkaline Water Company, Salem Media Group, Ocular Therapeutix, or Delta Air Lines?

NEW YORK, June 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLSN, WTER, SALM, OCUL, and DAL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
May 11, 2018

Salem Media Group, Inc. (SALM) CEO Edward Atsinger on Q1 2018 Results - Earnings Call Transcript

Salem Media Group Blogs

December 06, 2021

Salem Media Group Announces the Addition of Pastor Lenny Gaines’ Praise Party on the Salem Music Network

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that well-known inspirational gospel on-air personality Pastor Lenny Gaines has been added to Salem Music Network’s lineup of syndicated music hosts. Salem Music Network will produce Gaines’ five hour show fo…
December 02, 2021

Salem Media Group to Present at the Upcoming 16th Annual Singular Research Best of the Uncovered Investor Conference

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM), announced today that it will present at the 16th annual Singular Research Best of the Uncovered Investor Conference on December 9, 2021 at 10:15 A.M. Central Time. The presentation will be available on the investor relation…
November 18, 2021

Salem Media Group Announces the Extension of Jennifer Horn’s Agreement with the ‘Morning Answer Show’

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that the fast growing ‘Morning Answer Show’ heard in Los Angeles, Orange County, and the Inland Empire has signed Jennifer Horn to a new agreement, keeping her on the air through 2024. This comes on the heels…
November 08, 2021

Salem Media Group to Present at the Upcoming Q4 Investor Summit Conference

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today it will present at the virtual Q4 Investor Summit conference at 1:00 P.M. Central Time on November 17, 2021. The presentation will be available on the investor relations portion of the company’s website www.s…
October 26, 2021

Salem Media Group Schedules Third Quarter 2021 Earnings Release and Teleconference

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its third quarter 2021 financial results after the market closes on November 4, 2021. The company also plans to host a teleconference to discuss its results on November 4, 2021 at 4:…
October 12, 2021

Salem Podcast Network Launches the Doug Collins Podcast

IRVING, Texas--(BUSINESS WIRE)-- Salem Media Group, Inc. (NASDAQ: SALM) announced today that the Salem Podcast Network (“SPN”) will launch the Doug Collins Podcast, beginning on October 25th. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211012005028/en/…
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 Salem Media Group Frequently Asked Questions

  • When was Salem Media Group founded?

    Salem Media Group was founded in 1986.

  • Who are Salem Media Group key executives?

    Salem Media Group's key executives are Edward G. Atsinger III, Dave Santrella and David Evans.

  • How many employees does Salem Media Group have?

    Salem Media Group has 1,133 employees.

  • What is Salem Media Group revenue?

    Latest Salem Media Group annual revenue is $236.2 m.

  • What is Salem Media Group revenue per employee?

    Latest Salem Media Group revenue per employee is $208.5 k.

  • Who are Salem Media Group competitors?

    Competitors of Salem Media Group include iHeartMedia, N2 Publishing and SAGE Publishing.

  • Where is Salem Media Group headquarters?

    Salem Media Group headquarters is located at 6400 N Belt Line Rd, Irving.

  • Where are Salem Media Group offices?

    Salem Media Group has offices in Irving, Camarillo, Nashville, Richmond and in 1 other location.

  • How many offices does Salem Media Group have?

    Salem Media Group has 5 offices.