Townsquare Media

Townsquare Media Group is a communities-focused media and entertainment company. The Company creates and distributes original and motivating media experiences that connect communities seamlessly with content they love, people they trust, products they want, and things that matter. Townsquare attracts, engages, and activates audiences on a local and national basis through its mix of market-leading marquee entertainment properties. The Company's local business owns and operates radio stations, over companion websites, an e-commerce business, and annual live events in small and medium-sized markets across the country.

Townsquare's national business owns and operates leading music and entertainment-focused digital properties including TasteofCountry, Loudwire, PopCrush and ScreenCrush, several leading multi-day music festivals, including Mountain Jam and the Taste of Country Music Festival; a digital advertising portfolio; and a marketing services business which provides the web presence for small and medium-sized businesses. The Company also operates Townsquare Cares, a non-profit organization dedicated to helping our troops and their families.

Company Growth (employees)
Type
Public
HQ
Greenwich, US
Founded
2010
Size (employees)
2,950 (est)+2%
Townsquare Media was founded in 2010 and is headquartered in Greenwich, US

Townsquare Media Office Locations

Townsquare Media has an office in Greenwich
Greenwich, US (HQ)
240 Greenwich Ave

Townsquare Media Data and Metrics

Townsquare Media Financial Metrics

Townsquare Media's revenue was reported to be $88.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

88.4 m

Net income (Q1, 2017)

(3 m)

EBIT (Q1, 2017)

3.3 m

Market capitalization (15-Aug-2017)

288.7 m

Cash (31-Mar-2017)

40.6 m
Townsquare Media's current market capitalization is $288.7 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

373.9 m441.2 m516.9 m

Revenue growth, %

18%17%

Operating expense total

333.4 m356.5 m439.4 m

EBIT

40.5 m84.7 m77.4 m

EBIT margin, %

11%19%15%

Interest expense

46.5 m36 m34.1 m

Pre tax profit

(6.1 m)18.2 m40.3 m

Income tax expense

10.9 m7.9 m17 m

Net Income

(17 m)10.2 m23.3 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

94.7 m81.1 m117.5 m129.6 m94.4 m137.2 m165.8 m88.4 m

EBIT

(15.5 m)10.8 m23.5 m36.8 m5.8 m17.8 m38.9 m3.3 m

EBIT margin, %

(16%)13%20%28%6%13%23%4%

Pre tax profit

(27.2 m)229 k(14.8 m)28 m(2.3 m)9.3 m26.4 m(5 m)

Net Income

(22 m)131 k(8.6 m)7.9 m(1.4 m)4.2 m20.1 m(3 m)
    USDFY, 2015FY, 2016

    Cash

    33.3 m51.5 m

    Accounts Receivable

    146.4 m171.2 m

    Inventories

    9.8 m11.4 m

    Current Assets

    103.2 m122.6 m

    PP&E

    133.9 m139.6 m

    Goodwill

    293 m293 m

    Total Assets

    1.1 b1.1 b

    Accounts Payable

    9.5 m10.6 m

    Total Debt

    6.9 m

    Current Liabilities

    62.1 m65.2 m

    Total Liabilities

    690.7 m

    Common Stock

    179 k184 k

    Additional Paid-in Capital

    361.2 m365.4 m

    Retained Earnings

    1.4 m24.5 m

    Total Equity

    390.1 m

    Debt to Equity Ratio

    0 x

    Debt to Assets Ratio

    0 x

    Financial Leverage

    2.8 x
    USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Cash

    30.4 m28.1 m30.8 m17.6 m38.4 m40.6 m

    Accounts Receivable

    52.4 m

    Current Assets

    103.5 m105.6 m100.9 m96 m117.4 m106.2 m

    PP&E

    96.2 m129.8 m135.2 m137.8 m139.3 m140.9 m

    Goodwill

    249.1 m293.2 m293 m293 m293 m295.3 m

    Total Assets

    964.9 m1.1 b1.1 b1.1 b1.1 b1.1 b

    Accounts Payable

    8.5 m10.7 m6.7 m15.4 m12.2 m8.2 m

    Current Liabilities

    49.4 m63.8 m62.7 m65.2 m60.9 m59.3 m

    Common Stock

    174 k179 k179 k184 k184 k185 k

    Additional Paid-in Capital

    353.3 m361.7 m361.4 m361.6 m361.8 m366.4 m

    Retained Earnings

    (17.5 m)(70 k)5.4 m21.2 m21.4 m
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    (17 m)10.2 m23.3 m

    Depreciation and Amortization

    16.9 m17.6 m24 m

    Accounts Receivable

    (6.8 m)(2 m)(5.8 m)

    Accounts Payable

    (2.1 m)33 k(2.5 m)

    Cash From Operating Activities

    (21.2 m)8.8 m59.8 m

    Purchases of PP&E

    (13.5 m)(14.7 m)(20.9 m)

    Cash From Investing Activities

    (39.7 m)(71.8 m)(21 m)

    Long-term Borrowings

    (123.7 m)(553.6 m)(19.4 m)

    Cash From Financing Activities

    (26.7 m)54.4 m(19.7 m)
    USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    (22 m)131 k(8.6 m)7.9 m(1.4 m)4.2 m20.1 m(3 m)

    Depreciation and Amortization

    13 m3.7 m7.3 m12.1 m6.1 m12.1 m17.8 m6.4 m

    Accounts Receivable

    (7.1 m)8.6 m(2 m)(4.8 m)6.4 m(5.1 m)(9.4 m)5.6 m

    Accounts Payable

    (795 k)329 k1.8 m665 k(2.9 m)5.6 m(887 k)(2.4 m)

    Cash From Operating Activities

    35.2 m20 m(14.4 m)14 m3.9 m13.4 m40.2 m4 m

    Purchases of PP&E

    (11.1 m)(3.1 m)(5.8 m)(9.9 m)(6.5 m)(12.4 m)(16.8 m)(5.7 m)

    Cash From Investing Activities

    (15.1 m)(5.8 m)(11.9 m)(65 m)(5.2 m)(11.2 m)(16.7 m)(7.4 m)

    Long-term Borrowings

    (123.5 m)(284 k)(532.8 m)(553.6 m)(646 k)(17.5 m)(17.5 m)(6.7 m)

    Cash From Financing Activities

    (35.8 m)(445 k)32.2 m54.7 m(717 k)(17.6 m)(17.7 m)(7.5 m)

    Interest Paid

    23.7 m719 k22.6 m25.9 m3.3 m16.6 m19.9 m3.2 m

    Income Taxes Paid

    384 k182 k540 k573 k435 k815 k1.9 m313 k
    USDY, 2017

    Revenue/Employee

    30.2 k

    Townsquare Media Operating Metrics

    Townsquare Media's Unique Visitors was reported to be 50 m in Q1, 2017
    Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

    Websites

    325325325325325325325325325325325325

    Markets

    666666666666666666666666

    Radio Stations

    311311311311310310309309308309312312

    Events Held

    500650550

    Small to Medium Sized Businesses Served

    8 k8.7 k9.4 k10.2 k10.7 k11.2 k

    Unique Visitors

    60 m50 m50 m

    Attendees

    18 m18 m

      Townsquare Media Market Value History

      Townsquare Media Revenue Breakdown

      Traffic Overview of Townsquare Media

      Townsquare Media Online and Social Media Presence

      Townsquare Media News and Updates

      Term Sheet — Wednesday, August 17

      term sheet

      Townsquare Media Company Life and Culture

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