Townsquare Media, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $118.2M | $99.6M | $115.1M | $121.2M | $103.1M | $120.6M | $121.9M | $100.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $32.7M | $22.7M | — | — | — | — | — | — |
| Gross Margin | 27.7% | 22.8% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $6.5M | $5.2M | $6.6M | $7.0M | $5.3M | $5.7M | $5.7M | $4.4M |
| Operating Income | $-21.4M | $6.6M | $-10.7M | $-4.8M | $4.2M | $14.5M | $16.9M | $15.8M |
| Operating Margin | -18.1% | 6.7% | -9.3% | -4.0% | 4.1% | 12.0% | 13.8% | 15.8% |
| Interest Expense | — | $9.0M | $9.3M | $9.3M | $9.6M | $10.0M | $10.0M | $10.0M |
| Pretax Income | $-30.0M | $1.8M | $-19.0M | $-9.2M | $-3.5M | $5.1M | $6.1M | $4.2M |
| Income Tax Expense | $18.8M | $207.0K | $17.5M | $-6.5M | $-1.6M | $2.3M | $1.2M | $1.5M |
| Net Income | $-49.2M | $1.1M | $-37.0M | $-3.2M | $-2.4M | $2.3M | $4.4M | $2.2M |
| Net Margin | -41.7% | 1.1% | -32.1% | -2.6% | -2.3% | 1.9% | 3.6% | 2.2% |
| EPS (Basic) | $-3.26 | $0.07 | — | — | — | — | — | — |
| EPS (Diluted) | $-3.26 | $0.06 | $-2.27 | $-0.19 | $-0.14 | $0.13 | $0.24 | $0.11 |
| Shares Outstanding (Basic) | 15.1M | 16.6M | — | — | — | 17.0M | 17.0M | 16.8M |
| Shares Outstanding (Diluted) | 15.1M | 18.8M | 16.3M | 17.2M | 17.2M | 17.5M | 18.7M | 19.5M |
| Dividends Per Share | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 | $0.00 | $0.00 | $0.00 |