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)
Townsquare Media Office Locations
Townsquare Media Data and Metrics
Townsquare Media Financial Metrics
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 |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 373.9 m | 441.2 m | 516.9 m |
Revenue growth, % | 18% | 17% | |
Operating expense total | 333.4 m | 356.5 m | 439.4 m |
EBIT | 40.5 m | 84.7 m | 77.4 m |
EBIT margin, % | 11% | 19% | 15% |
Interest expense | 46.5 m | 36 m | 34.1 m |
Pre tax profit | (6.1 m) | 18.2 m | 40.3 m |
Income tax expense | 10.9 m | 7.9 m | 17 m |
Net Income | (17 m) | 10.2 m | 23.3 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|
Revenue | 94.7 m | 81.1 m | 117.5 m | 129.6 m | 94.4 m | 137.2 m | 165.8 m | 88.4 m |
EBIT | (15.5 m) | 10.8 m | 23.5 m | 36.8 m | 5.8 m | 17.8 m | 38.9 m | 3.3 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 m | 26.4 m | (5 m) |
Net Income | (22 m) | 131 k | (8.6 m) | 7.9 m | (1.4 m) | 4.2 m | 20.1 m | (3 m) |
| USD | FY, 2015 | FY, 2016 |
|---|---|---|
Cash | 33.3 m | 51.5 m |
Accounts Receivable | 146.4 m | 171.2 m |
Inventories | 9.8 m | 11.4 m |
Current Assets | 103.2 m | 122.6 m |
PP&E | 133.9 m | 139.6 m |
Goodwill | 293 m | 293 m |
Total Assets | 1.1 b | 1.1 b |
Accounts Payable | 9.5 m | 10.6 m |
Total Debt | 6.9 m | |
Current Liabilities | 62.1 m | 65.2 m |
Total Liabilities | 690.7 m | |
Common Stock | 179 k | 184 k |
Additional Paid-in Capital | 361.2 m | 365.4 m |
Retained Earnings | 1.4 m | 24.5 m |
Total Equity | 390.1 m | |
Debt to Equity Ratio | 0 x | |
Debt to Assets Ratio | 0 x | |
Financial Leverage | 2.8 x |
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Cash | 30.4 m | 28.1 m | 30.8 m | 17.6 m | 38.4 m | 40.6 m |
Accounts Receivable | 52.4 m | |||||
Current Assets | 103.5 m | 105.6 m | 100.9 m | 96 m | 117.4 m | 106.2 m |
PP&E | 96.2 m | 129.8 m | 135.2 m | 137.8 m | 139.3 m | 140.9 m |
Goodwill | 249.1 m | 293.2 m | 293 m | 293 m | 293 m | 295.3 m |
Total Assets | 964.9 m | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b |
Accounts Payable | 8.5 m | 10.7 m | 6.7 m | 15.4 m | 12.2 m | 8.2 m |
Current Liabilities | 49.4 m | 63.8 m | 62.7 m | 65.2 m | 60.9 m | 59.3 m |
Common Stock | 174 k | 179 k | 179 k | 184 k | 184 k | 185 k |
Additional Paid-in Capital | 353.3 m | 361.7 m | 361.4 m | 361.6 m | 361.8 m | 366.4 m |
Retained Earnings | (17.5 m) | (70 k) | 5.4 m | 21.2 m | 21.4 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (17 m) | 10.2 m | 23.3 m |
Depreciation and Amortization | 16.9 m | 17.6 m | 24 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 m | 59.8 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) |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|
Net Income | (22 m) | 131 k | (8.6 m) | 7.9 m | (1.4 m) | 4.2 m | 20.1 m | (3 m) |
Depreciation and Amortization | 13 m | 3.7 m | 7.3 m | 12.1 m | 6.1 m | 12.1 m | 17.8 m | 6.4 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 k | 1.8 m | 665 k | (2.9 m) | 5.6 m | (887 k) | (2.4 m) |
Cash From Operating Activities | 35.2 m | 20 m | (14.4 m) | 14 m | 3.9 m | 13.4 m | 40.2 m | 4 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 m | 54.7 m | (717 k) | (17.6 m) | (17.7 m) | (7.5 m) |
Interest Paid | 23.7 m | 719 k | 22.6 m | 25.9 m | 3.3 m | 16.6 m | 19.9 m | 3.2 m |
Income Taxes Paid | 384 k | 182 k | 540 k | 573 k | 435 k | 815 k | 1.9 m | 313 k |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 30.2 k |
