CMLS Q1 2022 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$154152

Q1 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$232M+15.0% YoY

Gross Profit

$141M60.6% margin

Operating Income

$15M6.4% margin

Net Income

-$905,000-0.4% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-8.0%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$19M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.3B

Stockholders' Equity

$419M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$232M	$202M	+15.0%
Gross Profit	$141M	$112M	+26.1%
Operating Income	$15M	-$9M	+272.5%
Net Income	-$905,000	-$22M	+95.9%

Revenue Segments

Broadcast Radio Revenue

$169M42%

Spot Revenue

$104M26%

Network Revenue

$65M16%

Digital Revenue

$32M8%

Other Revenue

$31M8%