Spanish Broadcasting System

Spanish Broadcasting System, Inc. is the largest publicly traded Hispanic-controlled media and entertainment company in the United States. SBS owns and/or operates 21 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, which are leading radio stations airing the Tropical, Mexican Regional, Spanish Adult Contemporary and Hurban format genres. The Company also owns and operates Mega TV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events in the major U.S. markets and Puerto Rico. In addition, the Company operates LaMusica dot com, a bilingual Spanish-English online site providing content related to Latin music, entertainment, news and culture.

Type
Public
HQ
Miami, US
Founded
1983
Size (employees)
439 (est)
Spanish Broadcasting System was founded in 1983 and is headquartered in Miami, US

Spanish Broadcasting System Office Locations

Spanish Broadcasting System has an office in Miami
Miami, US (HQ)
7007 NW 77th Ave

Spanish Broadcasting System Data and Metrics

Spanish Broadcasting System Financial Metrics

Spanish Broadcasting System's revenue was reported to be $144.6 m in FY, 2016 which is a 2% decrease from the previous period.
USD

Revenue (FY, 2016)

144.6 m

Revenue growth (FY, 2015 - FY, 2016), %

(2%)

Net income (FY, 2016)

(16.3 m)

EBIT (FY, 2016)

42.2 m

Market capitalization (18-Jan-2017)

17.4 m

Closing share price (18-Jan-2017)

2.9

Cash (31-Dec-2016)

23.8 m
Spanish Broadcasting System's current market capitalization is $17.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

153.8 m146.3 m146.9 m144.6 m

Revenue growth, %

(5%)0%(2%)

General and administrative expense

69.2 m67.5 m66.6 m56.1 m

Operating expense total

69.2 m67.5 m66.6 m56.1 m

EBIT

38.4 m35.3 m33.9 m42.2 m

EBIT margin, %

25%24%23%29%

Interest expense

39.7 m39.7 m39.9 m40.2 m

Interest income

5 k38 k13 k

Pre tax profit

(91 m)(14.1 m)(15.7 m)(7.7 m)

Income tax expense

(2.4 m)5.8 m11.2 m8.6 m

Net Income

(88.6 m)(20 m)(27 m)(16.3 m)
USDQ2, 2014Q3, 2014

Revenue

40.9 m36.3 m

General and administrative expense

19.7 m16.9 m

Operating expense total

19.7 m16.9 m

EBIT

9.9 m8.1 m

EBIT margin, %

24%22%

Interest expense

9.9 m9.9 m

Pre tax profit

(2.4 m)(4.3 m)

Income tax expense

786 k402 k

Net Income

(3.2 m)(4.7 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

23.6 m24 m19.4 m23.8 m

Inventories

2.8 m3.9 m5.3 m6.6 m

Current Assets

56.3 m53.3 m58 m62.9 m

PP&E

35.4 m26.4 m

Goodwill

32.8 m32.8 m32.8 m32.8 m

Total Assets

461.7 m451.8 m451.7 m450.9 m

Accounts Payable

19.6 m16.5 m16.6 m12.7 m

Current Liabilities

157.5 m161.1 m171 m455 m

Total Liabilities

565 m

Additional Paid-in Capital

525.3 m525.3 m525.3 m526 m

Retained Earnings

(579.2 m)(599.1 m)(623.7 m)(640 m)
USDQ2, 2014

Cash

24 m

Current Assets

54.9 m

Goodwill

32.8 m

Total Assets

457.2 m

Accounts Payable

28.1 m

Current Liabilities

161 m

Additional Paid-in Capital

525.3 m

Retained Earnings

(588.5 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(88.6 m)(20 m)(27 m)(16.3 m)

Depreciation and Amortization

5.2 m5.1 m4.8 m4.7 m

Accounts Receivable

(1.9 m)75.3 k

Inventories

(617 k)(1.2 m)(1.1 m)(1.1 m)

Accounts Payable

3.1 m(2.9 m)2.7 m(3.5 m)

Cash From Operating Activities

7.1 m4.4 m(1.8 m)8.8 m

Purchases of PP&E

(2.3 m)(2.2 m)(2.5 m)(2.2 m)

Cash From Investing Activities

(2.3 m)(946 k)(4.1 m)

Cash From Financing Activities

(8 m)(3 m)(306 k)

Interest Paid

35.1 m34.9 m34.8 m34.7 m
USDQ2, 2014Q3, 2014

Net Income

(3.2 m)(4.7 m)

Depreciation and Amortization

1.3 m1.3 m

Accounts Payable

18.5 m

Traffic Overview of Spanish Broadcasting System

Spanish Broadcasting System Online and Social Media Presence

Spanish Broadcasting System Company Life and Culture

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