OverviewSuggest Edit

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.

TypePublic
Founded2010
HQGreenwich, US
Websitetownsquaremedia.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2018)2,821(-2%)
Job Openings160
Revenue (FY, 2018)$430.6 M(-15%)
Share Price (Nov 2019)$7.9 (-1%)

Key People/Management at Townsquare Media

Steven Price

Steven Price

Executive Chairman

Townsquare Media Office Locations

Townsquare Media has an office in Greenwich
Greenwich, US (HQ)
240 Greenwich Ave
Show all (1)

Townsquare Media Financials and Metrics

Townsquare Media Revenue

Townsquare Media's revenue was reported to be $430.60 m in FY, 2018 which is a 15.1% decrease from the previous period.
USD

Revenue (Q3, 2019)

112.6m

Net income (Q3, 2019)

8.3m

EBIT (Q3, 2019)

21.1m

Market capitalization (20-Nov-2019)

150.0m

Closing stock price (20-Nov-2019)

7.9

Cash (30-Sep-2019)

74.2m

EV

639.1m
Townsquare Media's current market capitalization is $150 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

516.9m507.4m430.6m

Revenue growth, %

17%(2%)(15%)

Operating expense total

439.4m496.3m390.2m

Depreciation and amortization

24.0m25.7m19.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

88.4m140.7m164.1m94.2m119.6m114.1m93.7m113.1m112.6m

General and administrative expense

7.4m7.2m

Operating expense total

85.1m123.3m131.3m127.1m97.2m91.9m81.8m7.4m7.2m

Depreciation and amortization

6.4m6.8m6.6m6.3m4.6m4.9m6.5m5.9m6.8m
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

51.5m65.3m61.4m

Accounts Receivable

171.2m

Inventories

11.4m

Current Assets

122.6m138.4m133.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

40.6m31.1m53.3m49.1m62.4m49.6m60.8m62.8m74.2m

Accounts Receivable

67.4m67.2m

Prepaid Expenses

10.8m11.1m

Current Assets

106.2m111.0m132.9m119.7m140.5m127.1m137.3m140.9m152.5m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

23.3m(10.3m)(31.6m)

Depreciation and Amortization

24.0m25.7m19.0m

Accounts Payable

(2.5m)669.0k(3.3m)

Cash From Operating Activities

59.8m50.7m36.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(3.0m)2.6m16.8m(26.6m)(25.0m)(15.3m)(4.8m)5.9m13.8m

Depreciation and Amortization

6.4m13.2m19.8m6.3m9.2m14.1m6.5m12.4m20.6m

Accounts Payable

(2.4m)(1.5m)(694.0k)(4.2m)2.2m(5.9m)(563.0k)(1.9m)(626.0k)

Cash From Operating Activities

4.0m1.4m33.8m(791.0k)1.2m12.0m5.9m3.4m25.4m
USDY, 2019

EV/EBIT

30.3 x

EV/CFO

25.2 x

Financial Leverage

2.9 x
Show all financial metrics

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

Attendees

18 m18 m

Events Held

500 650 550

Markets

66 66 66 66 66 66 66 66 66 66 66 66

Unique Visitors

60 m50 m50 m
Show all operating metrics

Townsquare Media Revenue Breakdown

Embed Graph

Townsquare Media revenue breakdown by business segment: 66.2% from Local Marketing Solutions and 33.8% from Entertainment

Townsquare Media Online and Social Media Presence

Embed Graph

Townsquare Media News and Updates

Townsquare Media Frequently Asked Questions

  • When was Townsquare Media founded?

    Townsquare Media was founded in 2010.

  • Who are Townsquare Media key executives?

    Townsquare Media's key executives are Steven Price.

  • How many employees does Townsquare Media have?

    Townsquare Media has 2,821 employees.

  • What is Townsquare Media revenue?

    Latest Townsquare Media annual revenue is $430.6 m.

  • What is Townsquare Media revenue per employee?

    Latest Townsquare Media revenue per employee is $152.6 k.

  • Who are Townsquare Media competitors?

    Competitors of Townsquare Media include iHeartMedia, Saavn and Entravision Communications.

  • Where is Townsquare Media headquarters?

    Townsquare Media headquarters is located at 240 Greenwich Ave, Greenwich.

  • Where are Townsquare Media offices?

    Townsquare Media has an office in Greenwich.

  • How many offices does Townsquare Media have?

    Townsquare Media has 1 office.