In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Feb-28-19 |
| 10-K | 10-K | 10-K | 10-K | Source |
Revenues: |
Radio | | | 26.0 | | |
Other | 4.1 | 4.0 | 4.7 | | 4.4 |
Digital | 4.7 | 2.9 | 2.3 | | 2.8 |
Nontraditional | 4.0 | 4.9 | 0.8 | | 7.0 |
Other | 25.8 | 30.0 | 5.6 | | 28.9 |
Total revenues | 38.6 | 41.7 | 39.3 | 45.8 | 43.1 |
Revenue growth [+] | -7.5% | 6.3% | -14.3% | | |
Other | 3.3% | -14.4% | | | |
Digital | 64.6% | 27.0% | | | |
Nontraditional | -18.3% | 539.2% | | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 38.6 | 41.7 | 39.3 | 45.8 | 43.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative [+] | 6.5 | 8.4 | 4.3 | 41.3 | 35.2 |
General and administrative | 6.5 | 8.4 | 4.3 | | |
Other operating expenses | 32.8 | 28.7 | 32.1 | -1.4 | -1.4 |
EBITDA [+] | -0.7 | 4.6 | 2.8 | 5.9 | 9.3 |
EBITDA growth | -115.5% | 66.6% | -53.1% | | |
EBITDA margin | -1.9% | 11.1% | 7.1% | 12.9% | 21.5% |
Depreciation | 0.6 | 0.5 | 2.8 | 1.4 | 1.0 |
EBITA | -1.3 | 4.1 | 0.0 | 4.6 | 8.2 |
EBITA margin | -3.3% | 9.9% | 0.0% | 10.0% | 19.1% |
Amortization of intangibles | 0.1 | 0.2 | 1.3 | | 0.3 |
EBIT [+] | -1.4 | 3.9 | -1.3 | 4.6 | 7.9 |
EBIT growth | -135.1% | -401.8% | -128.5% | | |
EBIT margin | -3.6% | 9.4% | -3.3% | 10.0% | 18.4% |
Non-recurring items [+] | 0.0 | | 0.4 | | 0.1 |
Loss (gain) on sale of assets | 0.0 | | 0.2 | | 0.1 |
Interest expense | 7.0 | 7.7 | 9.5 | 0.8 | |
Interest expense | 7.0 | 7.7 | 9.5 | 0.8 | |
Other income (expense), net [+] | -1.1 | -0.1 | | | |
Gain (loss) on debt retirement | -1.2 | -0.1 | | | |
Other non-operating income | 0.1 | | | | |
Pre-tax income | -9.5 | -3.9 | -11.2 | 3.8 | 7.9 |
Income taxes | 0.3 | 0.3 | 15.6 | 1.6 | 2.5 |
Tax rate | | | | 43.9% | 31.9% |
Net income | 27.6 | -8.8 | -28.9 | 2.0 | 5.4 |
Net margin | 71.5% | -21.2% | -73.6% | 4.4% | 12.5% |
|
Basic EPS [+] | $2.06 | ($1.22) | ($4.07) | $0.91 | $3.22 |
Growth | -268.4% | -70.0% | -548.1% | | |
Diluted EPS [+] | $2.06 | ($1.22) | ($4.07) | $0.91 | $3.22 |
Growth | -268.4% | -70.0% | -548.1% | | |
|
Shares outstanding (basic) [+] | 13.4 | 7.2 | 7.1 | 2.2 | 1.7 |
Growth | 85.4% | 1.7% | 223.1% | | |
Shares outstanding (diluted) [+] | 13.4 | 7.2 | 7.1 | 2.2 | 1.7 |
Growth | 85.4% | 1.7% | 223.1% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |