Townsquare Media

Townsquare Media Group is a communities-focused media and entertainment company. Townsquare Media Group 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. We attract, engage, and activate audiences on a local and national basis through our unique mix of market-leading marquee entertainment properties. Our local business owns and operates 312 radio stations, over 326 companion websites, an e-commerce business, and approximately 500 annual live events in 66 small and medium-sized markets across the country. Our 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 which reaches over 60 million unique visitors monthly; and a marketing services business which provides a turnkey web presence for small and medium-sized businesses. We also operate Townsquare Cares, a non-profit organization dedicated to helping our troops and their families. Funds managed by Oaktree Capital Management are the company’s largest shareholder.
Company Growth (employees)
Type
Public
HQ
Greenwich, US
Founded
2010
Size (employees)
2,900 (est)
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 $516.9 m in FY, 2016 which is a 17% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

516.9 m

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

17%

Net income (FY, 2016)

23.3 m

EBIT (FY, 2016)

77.4 m

Market capitalization (22-Jun-2017)

136.9 m

Closing share price (22-Jun-2017)

10

Cash (31-Dec-2016)

51.5 m
Townsquare Media's current market capitalization is $136.9 m.
FY, 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
FY, 2014FY, 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

Current Liabilities

62.1 m65.2 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

Financial Leverage

2.8 x
FY, 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)
Y, 2016

Financial Leverage

2.8 x

Townsquare Media Market Value History

Townsquare Media Online and Social Media Presence

Townsquare Media News and Updates

Townsquare Media Company Life and Culture

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