CMLS - Cumulus Media Inc.
NASDAQ
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Communication Services
->
Broadcasting
Atlanta,
United States
Type: Equity
CMLS price evolution
CMLS
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $80.66 | $82.81 | $92.42 | $118.88 |
| Short term investments | ||||
| Net receivables | $182.2 | $176.07 | $169.67 | $168.42 |
| Inventory | ||||
| Total current assets | $286.9 | $288.71 | $287 | $314.15 |
| Long term investments | ||||
| Property, plant & equipment | $299.24 | $309.39 | $309.65 | $320.21 |
| Goodwill & intangible assets | $837.63 | $907.02 | $911.1 | $917.61 |
| Total noncurrent assets | $1153.4 | $1232.38 | $1236.54 | $1251.88 |
| Total investments | ||||
| Total assets | $1440.3 | $1521.09 | $1523.54 | $1566.03 |
| Current liabilities | ||||
| Accounts payable | $116.22 | $106.66 | $106.81 | $109.83 |
| Deferred revenue | ||||
| Short long term debt | $27.52 | $27.73 | $27.78 | $27.95 |
| Total current liabilities | $143.74 | $134.4 | $134.59 | $137.78 |
| Long term debt | $991.46 | $996.33 | $1002.8 | $1036.84 |
| Total noncurrent liabilities | $1009.98 | $1003.23 | $1009.67 | $1043.11 |
| Total debt | $1018.97 | $1024.06 | $1030.58 | $1064.79 |
| Total liabilities | $1153.72 | $1137.63 | $1144.26 | $1180.9 |
| Shareholders' equity | ||||
| Retained earnings | -$21.4 | $76.66 | $73.94 | $75.01 |
| Other shareholder equity | ||||
| Total shareholder equity | $286.58 | $383.47 | $379.27 | $385.13 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $80.66 | $107.43 | $177.03 | $271.76 |
| Short term investments | ||||
| Net receivables | $182.2 | $212.3 | $198.83 | $203.26 |
| Inventory | ||||
| Total current assets | $286.9 | $345.27 | $406.52 | $502.96 |
| Long term investments | ||||
| Property, plant & equipment | $299.24 | $327.84 | $334.46 | $366.26 |
| Goodwill & intangible assets | $837.63 | $923.29 | $962.29 | $969.98 |
| Total noncurrent assets | $1153.4 | $1263.76 | $1310.87 | $1356.77 |
| Total investments | ||||
| Total assets | $1440.3 | $1609.03 | $1717.38 | $1859.74 |
| Current liabilities | ||||
| Accounts payable | $116.22 | $10.96 | $111.42 | $95.67 |
| Deferred revenue | ||||
| Short long term debt | $27.52 | $27.97 | $28.39 | $33.37 |
| Total current liabilities | $143.74 | $145.61 | $139.81 | $129.04 |
| Long term debt | $991.46 | $716.17 | $1144.21 | $1319.74 |
| Total noncurrent liabilities | $1009.98 | $1055.02 | $1158.07 | $1333.11 |
| Total debt | $1018.97 | $1075.34 | $1172.61 | $1353.11 |
| Total liabilities | $1153.72 | $1200.63 | $1297.88 | $1462.15 |
| Shareholders' equity | ||||
| Retained earnings | -$21.4 | $96.48 | $80.24 | $62.96 |
| Other shareholder equity | -$0.41 | |||
| Total shareholder equity | $286.58 | $408.4 | $419.5 | $397.59 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $221.3 | $207.42 | $210.14 | $205.69 |
| Cost of revenue | $92.42 | $76.74 | $73.53 | $88.67 |
| Gross Profit | $128.88 | $130.68 | $136.6 | $117.03 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $112.46 | $107.76 | $118.51 | $108.32 |
| Total operating expenses | $192 | $113.1 | $133.38 | $115.99 |
| Operating income | -$63.12 | $17.58 | $3.22 | $1.03 |
| Income from continuing operations | ||||
| EBIT | -$62.52 | $19.03 | $12.05 | $2 |
| Income tax expense | $17.75 | -$1.55 | -$4.82 | $5.8 |
| Interest expense | $17.8 | $17.86 | $17.94 | $17.67 |
| Net income | ||||
| Net income | -$98.07 | $2.72 | -$1.07 | -$21.47 |
| Income (for common shares) | -$98.07 | $2.72 | -$1.07 | -$21.47 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $844.55 | $953.51 | $916.47 | $816.22 |
| Cost of revenue | $331.36 | $357.48 | $358.69 | $337.08 |
| Gross Profit | $513.19 | $596.03 | $557.78 | $479.14 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $447.04 | $445.8 | $451.66 | $416.89 |
| Total operating expenses | $554.47 | $516.24 | $488.66 | $489.74 |
| Operating income | -$41.28 | $79.79 | $69.12 | -$10.6 |
| Income from continuing operations | ||||
| EBIT | -$29.43 | $84.5 | $88.11 | -$10.87 |
| Income tax expense | $17.18 | $3.37 | $2.98 | -$19.25 |
| Interest expense | $71.27 | $64.89 | $67.85 | $68.1 |
| Net income | ||||
| Net income | -$117.88 | $16.23 | $17.28 | -$59.72 |
| Income (for common shares) | -$117.88 | $16.23 | $17.28 | -$59.72 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$98.07 | $2.72 | -$1.07 | -$21.47 |
| Operating activities | ||||
| Depreciation | $14.4 | $13.95 | $15.15 | $14.68 |
| Business acquisitions & disposals | $10.21 | $0.3 | $7.3 | |
| Stock-based compensation | $1.18 | $1.47 | $1.49 | $1.13 |
| Total cash flows from operations | $3.27 | -$6.8 | $11.53 | $23.66 |
| Investing activities | ||||
| Capital expenditures | -$3.79 | -$7.05 | -$6.6 | -$7.37 |
| Investments | ||||
| Total cash flows from investing | -$3.61 | $3.16 | -$6.3 | -$0.07 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$6.28 | -$2.93 | ||
| Net borrowings | -$1.81 | -$5.98 | -$25.41 | -$7.2 |
| Total cash flows from financing | -$1.81 | -$5.98 | -$31.69 | -$12.13 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$2.15 | -$9.61 | -$26.46 | $11.45 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$117.88 | $16.23 | $17.28 | -$59.72 |
| Operating activities | ||||
| Depreciation | $58.18 | $56.39 | $53.55 | $63.18 |
| Business acquisitions & disposals | $17.81 | $1.88 | $26.52 | $78.7 |
| Stock-based compensation | $5.27 | $6.23 | $5.19 | $3.34 |
| Total cash flows from operations | $31.66 | $78.48 | $68.52 | $33.21 |
| Investing activities | ||||
| Capital expenditures | -$24.81 | -$31.06 | -$29.09 | -$14.87 |
| Investments | ||||
| Total cash flows from investing | -$6.82 | -$26.24 | -$1.54 | $64.36 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$9.21 | -$33.56 | -$0.56 | -$1.24 |
| Net borrowings | -$40.4 | -$87.28 | -$158.15 | $158.92 |
| Total cash flows from financing | -$51.61 | -$121.84 | -$161.71 | $157.19 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$26.77 | -$69.59 | -$94.73 | $254.75 |
News
Fundamentals
| Market cap | $49.48M |
|---|---|
| Enterprise value | $987.79M |
| Shares outstanding | 16.55M |
| Revenue | $844.55M |
|---|---|
| EBITDA | $28.75M |
| EBIT | -$29.43M |
| Net Income | -$117.88M |
| Revenue Q/Q | -11.93% |
| Revenue Y/Y | -11.43% |
| P/E ratio | -0.42 |
|---|---|
| EV/Sales | 1.17 |
| EV/EBITDA | 34.36 |
| EV/EBIT | -33.57 |
| P/S ratio | 0.06 |
| P/B ratio | 0.17 |
| Book/Share | 17.32 |
| Cash/Share | 4.87 |
| EPS | -$7.12 |
|---|---|
| ROA | -7.79% |
| ROE | -32.87% |
| Debt/Equity | 4.03 |
|---|---|
| Net debt/EBITDA | 37.33 |
| Current ratio | 2.00 |
| Quick ratio | 2.00 |