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BEASLEY BROADCAST GROUP INC (BBGI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  256.4241.4206.1261.6257.5407.0136.7105.9
            Revenue growth  6.2%17.1%-21.2%1.6%-36.7%197.8%29.0%80.5%
Cost of goods sold  213.2199.5182.2201.1195.8174.896.775.6
Gross profit  43.142.024.060.461.7232.240.030.3
            Gross margin  16.8%17.4%11.6%23.1%24.0%57.0%29.2%28.6%
Selling, general and administrative   [+]18.016.615.621.216.315.810.39.0
Equity in earnings  0.0-0.1-0.20.1    
Other operating expenses  7.4-0.6-3.0  162.2-44.3 
EBITDA   [+]17.725.811.239.445.554.273.921.4
            EBITDA margin  6.9%10.7%5.4%15.1%17.7%13.3%54.1%20.2%
Depreciation  7.28.17.66.86.15.83.53.0
EBITA  10.517.73.632.539.348.370.418.3
            EBITA margin  4.1%7.3%1.7%12.4%15.3%11.9%51.5%17.3%
Amortization of intangibles  2.73.23.50.50.50.32.70.8
EBIT   [+]7.814.50.132.038.848.067.717.5
            EBIT margin  3.0%6.0%0.0%12.2%15.1%11.8%49.5%16.5%
Non-recurring items   [+]42.1 4.5-6.24.5-12.85.13.9
Interest expense  26.926.516.918.016.018.46.64.0
Other income (expense), net   [+]1.45.2-2.5-0.4-0.1-3.5-0.20.3
Pre-tax income  -59.8-6.7-23.919.818.238.955.810.0
Income taxes  -17.8-5.3-5.26.611.7-48.28.33.6
            Tax rate  29.7%79.1%21.7%33.3%64.3% 14.9%36.4%
Net income  -42.1-1.5-18.913.46.587.147.56.4
            Net margin  -16.4%-0.6%-9.2%5.1%2.5%21.4%34.7%6.0%
   
Basic EPS   [+]($1.43)($0.05)($0.66)$0.48$0.24$3.15$2.00$0.28
Diluted EPS   [+]($1.43)($0.05)($0.66)$0.48$0.24$3.14$1.98$0.28
   
Dividends per share   [+]  $0.05$0.20$0.20$0.18$0.18$0.18
   
Shares outstanding (basic)   [+]29.529.328.427.727.427.723.822.9
Shares outstanding (diluted)   [+]29.529.328.427.827.527.824.023.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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