Cumulus Media Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $82.0M | $63.8M | $80.7M | $63.8M | $177.0M | $271.8M | $15.1M | $27.6M |
| Accounts Receivable | $134.1M | $162.0M | $180.7M | $210.3M | $196.9M | $201.3M | $242.6M | $250.1M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $242.8M | $248.1M | $286.9M | $345.3M | $406.5M | $503.0M | $380.7M | $395.0M |
| Property, Plant & Equipment | $120.8M | $161.3M | $180.6M | $190.1M | $191.5M | $208.7M | $232.9M | $235.9M |
| Goodwill | — | — | — | — | — | — | $0 | $0 |
| Intangible Assets (Excl. Goodwill) | $467.7M | $595.1M | $837.6M | $923.3M | $962.3M | $970.0M | $994.9M | $1.13B |
| Total Assets | $941.0M | $1.12B | $1.44B | $1.61B | $1.72B | $1.86B | $1.76B | $1.78B |
| Liabilities | ||||||||
| Accounts Payable | $14.6M | $10.6M | $13.7M | $8.2M | $4.9M | $5.3M | $861.0K | $11.7M |
| Total Current Liabilities | $157.9M | $133.8M | $143.7M | $145.6M | $139.8M | $129.0M | $139.6M | $116.9M |
| Long-Term Debt | $694.8M | $669.0M | $672.4M | $714.5M | $798.9M | $967.7M | $1.01B | $1.23B |
| Total Liabilities | $1.13B | $1.11B | $1.15B | $1.20B | $1.30B | $1.46B | $1.31B | $1.39B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-505.4M | $-304.7M | $-21.4M | $96.5M | $80.2M | $63.0M | $122.7M | $61.4M |
| Total Stockholders' Equity | $-191.5M | $7.0M | $286.6M | $408.4M | $419.5M | $397.6M | $455.2M | $389.8M |