GTN Q4 2021 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$491M

Q4 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$721M-9.0% YoY

Gross Profit

$249M34.5% margin

Operating Income

$105M14.6% margin

Net Income

$29M4.0% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+20.0%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

-$36M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$8.7B

Stockholders' Equity

$2.4B

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$721M	$792M	-9.0%
Gross Profit	$249M	$417M	-40.3%
Operating Income	$105M	$351M	-70.1%
Net Income	$29M	$224M	-87.1%

Revenue Segments

Advertising

$949M34%

Retransmission Consent

$807M29%

Local Advertising

$712M25%

National Advertising

$199M7%

Production Companies

$63M2%

Service, Other

$47M2%

Political Advertising

$38M1%