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.

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Type
Public
HQ
Greenwich, US
Founded
2010
Size (employees)
2,950 (est)
Townsquare Media was founded in 2010 and is headquartered in Greenwich, US
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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
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Townsquare Media Financials and Metrics

Townsquare Media Financials

Townsquare Media's revenue was reported to be $507.43 m in FY, 2017
USD

Revenue (FY, 2017)

507.4 m

Net income (FY, 2017)

(10.3 m)

EBIT (FY, 2017)

11.1 m

Market capitalization (20-Apr-2018)

139.4 m

Cash (31-Dec-2017)

65.3 m

EV

83.6 m
Townsquare Media's current market capitalization is $139.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

373.9 m441.2 m516.9 m507.4 m

Revenue growth, %

18%17%

Operating expense total

496.3 m

Depreciation and amortization

25.7 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

94.7 m81.1 m117.5 m129.6 m94.4 m137.2 m165.8 m88.4 m140.7 m

Operating expense total

110.2 m70.3 m94.1 m119.4 m126.8 m85.1 m123.3 m

EBIT

(15.5 m)10.8 m23.5 m36.8 m5.8 m17.8 m38.9 m3.3 m17.4 m

EBIT margin, %

(16%)13%20%28%6%13%23%4%12%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

33.3 m51.5 m65.3 m

Accounts Receivable

146.4 m171.2 m

Inventories

9.8 m11.4 m

Current Assets

103.2 m122.6 m138.4 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

30.4 m28.1 m30.8 m17.6 m38.4 m40.6 m31.1 m

Accounts Receivable

52.4 m

Current Assets

103.5 m105.6 m100.9 m96 m117.4 m106.2 m111 m

PP&E

96.2 m129.8 m135.2 m137.8 m139.3 m140.9 m142.7 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(17 m)10.2 m23.3 m(10.3 m)

Depreciation and Amortization

16.9 m17.6 m24 m25.7 m

Accounts Payable

(2.1 m)33 k(2.5 m)669 k

Cash From Operating Activities

(21.2 m)8.8 m59.8 m50.7 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(22 m)131 k(8.6 m)7.9 m(1.4 m)4.2 m20.1 m(3 m)2.6 m

Depreciation and Amortization

13 m3.7 m7.3 m12.1 m6.1 m12.1 m17.8 m6.4 m13.2 m

Accounts Payable

(795 k)329 k1.8 m665 k(2.9 m)5.6 m(887 k)(2.4 m)(1.5 m)

Cash From Operating Activities

35.2 m20 m(14.4 m)14 m3.9 m13.4 m40.2 m4 m1.4 m
USDY, 2017

EV/EBIT

7.5 x

EV/CFO

1.6 x

Revenue/Employee

173 k

Financial Leverage

2.8 x
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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

Markets

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

Radio Stations

311 311 311 311 310 310 309 309 308 309 312 312

Unique Visitors

60 m50 m50 m

Websites

325 325 325 325 325 325 325 325 325 325 325 325
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