BBGI Q1 2023 Earnings — Beasley Broadcast Group, Inc. Revenue & Financial Results | Market Cap Arena

BBGIBeasley Broadcast Group, Inc.

$7M

Q1 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$58M+3.7% YoY

Gross Profit

$58M100.0% margin

Operating Income

$413,0450.7% margin

Net Income

-$4M-6.1% margin

EPS (Diluted)

$-2.40

QoQ Revenue Growth

-19.8%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$4M

Stock-Based Comp.

$174,268

Balance Sheet

Total Assets

$698M

Total Liabilities

$478M

Stockholders' Equity

$220M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$56M	+3.7%
Gross Profit	$58M	$56M	+3.7%
Operating Income	$413,045	-$3M	+115.2%
Net Income	-$4M	-$4M	+5.4%

Revenue Segments

Audio Advertising

$47M82%

Digital Advertising

$10M17%

Other Advertising

$384,3691%