MDIA

MKT CAP:$49M

MediaCo Holding Inc.

Market Cap

$49M

Communication Services·Broadcasting·🇺🇸 United States·NASDAQ

Communication·Broadcasting·🇺🇸·NASDAQ

Stock Price

$0.89+$0.31 (+52.42%)

Apr 22, 2026

Company Details

MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City ar...

CEO

Alberto Rodriguez

IPO Date

Jan 6, 2020

Website

mediacoholding.com

Key Metrics TTM

Revenue

$65M

+52.6% YoY

Net Income

-$39M

EPS (Diluted)

-$0.70

Free Cash Flow

-$4M

Revenue / Share

$0.82

Gross Margin

61.5%

Operating Margin

-18.0%

Net Margin

-59.5%

FCF Margin

-6.8%

P/S

0.8x

P/E

—

Earnings Reports

FY 2025

Mar 31, 2026

$133MEPS -$0.84

Q4 2025

Mar 31, 2026

$39MEPS -$0.39

Q1 2024

May 15, 2024

$7M-8.6%EPS -$0.18

FY 2023

Apr 1, 2024

$32MEPS -$0.40

Q2 2023

Aug 10, 2023

$12M-3.6%EPS -$0.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 19	$16M	$4M	$4M
Q1 20	$12M	$2M	$136.0K
Q2 20	$7M	$512.0K	-$2M
Q3 20	$9M	$2M	-$605.0K
Q4 20	$11M	$2M	$357.0K
Q1 21	$10M	$2M	-$634.0K
Q2 21	$14M	$7M	$4M
Q3 21	$18M	$5M	$2M
Q4 21	$14M	$4M	$494.0K
Q1 22	$8M	$1M	-$1M
Q2 22	$13M	$1M	-$232.0K
Q3 22	$8M	$1M	-$272.0K
Q1 23	$7M	$98.0K	-$2M
Q2 23	$12M	$1M	-$116.0K
Q1 24	$7M	$56.0K	-$3M
Q4 25	$39M	$39M	-$6M

Valuation

Quarter	P/S	P/E
Q2 19	0.3x	2.3x
Q1 20	0.5x	8.0x
Q2 20	0.9x	—
Q3 20	0.4x	—
Q4 20	0.5x	—
Q1 21	0.7x	—
Q2 21	0.6x	—
Q3 21	1.5x	—
Q4 21	0.7x	—
Q1 22	0.6x	—
Q2 22	0.3x	—
Q3 22	0.6x	—
Q1 23	0.8x	—
Q2 23	0.7x	—
Q1 24	1.5x	—
Q4 25	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 19	$2M	$2M
Q1 20	-$2M	-$2M
Q2 20	$1M	$1M
Q3 20	-$7M	-$7M
Q4 20	-$2M	-$3M
Q1 21	$578.0K	$372.0K
Q2 21	-$7.0K	-$901.0K
Q3 21	$4M	$3M
Q4 21	-$1M	-$1M
Q1 22	$5M	$4M
Q2 22	-$773.0K	-$1M
Q3 22	$837.0K	$375.0K
Q1 23	$978.0K	$429.0K
Q2 23	-$4M	-$5M
Q1 24	$412.0K	$240.0K
Q4 25	$32.0K	-$460.0K

Capital Expenditures

Quarter	CapEx
Q2 19	$68.0K
Q1 20	$197.0K
Q2 20	$49.0K
Q3 20	$93.0K
Q4 20	$70.0K
Q1 21	$206.0K
Q2 21	$894.0K
Q3 21	$328.0K
Q4 21	$25.0K
Q1 22	$816.0K
Q2 22	$479.0K
Q3 22	$462.0K
Q1 23	$549.0K
Q2 23	$371.0K
Q1 24	$172.0K
Q4 25	$492.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 20	+26.5%	+68.3%
Q2 20	-50.7%	-30.2%
Q3 20	+14.9%	+37.8%
Q4 20	-31.9%	-14.5%
Q1 21	-17.3%	-10.9%
Q2 21	+105.5%	+23.1%
Q3 21	+90.4%	+60.9%
Q4 21	+21.9%	+21.3%
Q1 22	-16.7%	-11.1%
Q2 22	-12.8%	+20.8%
Q3 22	-53.6%	-46.7%
Q1 23	-45.9%	-29.2%
Q2 23	+48.9%	+32.2%
Q1 24	-46.5%	-20.3%
Q4 25	+367.5%	+425.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 19	$0	0.0%
Q1 20	$451.0K	3.8%
Q2 20	$21.0K	0.3%
Q3 20	$44.0K	0.5%
Q4 20	$85.0K	0.8%
Q1 21	$634.0K	6.5%
Q2 21	$599.0K	4.2%
Q3 21	$1M	6.3%
Q4 21	$1M	9.5%
Q1 22	$2M	19.2%
Q2 22	$354.0K	2.8%
Q3 22	$417.0K	5.0%
Q1 23	$634.0K	8.6%
Q2 23	$345.0K	2.9%
Q1 24	$364.0K	5.4%
Q4 25	-$77.0K	-0.2%

OpEx Breakdown

Quarter	G&A
Q1 20	$1M
Q2 20	$932.0K
Q3 20	$1M
Q4 20	$1M
Q1 21	$2M
Q2 21	$2M
Q3 21	$2M
Q4 21	$3M
Q1 22	$2M
Q2 22	$1M
Q3 22	$1M
Q1 23	$2M
Q2 23	$1M

Revenue Segments

Quarter	Advertising	Digital Marketing Services	Nontraditional Revenues	Outdoor Advertising	Service Other	Service, Other
Q1 20	$6M	$674.0K	$168.0K	$3M	$1M	—
Q2 20	$3M	$340.0K	$80.0K	$3M	$918.0K	—
Q3 20	$5M	$476.0K	$203.0K	$3M	$1M	—
Q4 20	$5M	$766.0K	$310.0K	$3M	$1M	—
Q1 21	$5M	$485.0K	$137.0K	$3M	$1M	—
Q2 21	$9M	$665.0K	$292.0K	$3M	$1M	—
Q3 21	$8M	$1M	$4M	$3M	$1M	—
Q4 21	$8M	$713.0K	$229.0K	$3M	$1M	—
Q4 25	$16M	$21M	—	—	—	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$9M	$0	$9M
Q2 22	$7M	$0	$7M
Q3 22	$6M	$0	$6M
Q4 22	$15M	$0	$15M
Q1 23	$15M	$0	$15M
Q2 23	$10M	$0	$10M
Q3 23	$8M	$0	$8M
Q4 23	$5M	$0	$5M
Q1 24	$5M	$0	$5M
Q2 24	$10M	$0	$10M
Q3 24	$8M	$0	$8M
Q4 24	$4M	$0	$4M
Q1 25	$6M	$0	$6M
Q2 25	$3M	$0	$3M
Q3 25	$6M	$0	$6M
Q4 25	$5M	$0	$5M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 19	6M	0.0%	—
Q1 20	7M	+11.2%	+0.8%
Q2 20	7M	+0.2%	+1.0%
Q3 20	7M	0.0%	+11.4%
Q4 20	7M	0.0%	+11.4%
Q1 21	7M	+0.3%	+0.4%
Q2 21	7M	+3.5%	+3.8%
Q3 21	7M	-2.2%	+1.5%
Q4 21	7M	0.0%	+1.5%
Q1 22	8M	+5.0%	+6.2%
Q2 22	8M	+3.3%	+6.0%
Q3 22	17M	+115.8%	+134.0%
Q1 23	25M	+46.7%	+243.3%
Q2 23	25M	+0.9%	+230.1%
Q1 24	25M	+0.5%	+221.2%
Q4 25	79M	+216.6%	+371.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 19	—	—
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	$202.2K	55
Q1 21	$177.1K	55
Q2 21	$261.4K	55
Q3 21	$324.0K	55
Q4 21	$70.6K	192
Q1 22	$42.3K	192
Q2 22	$65.3K	192
Q3 22	$43.1K	192
Q1 23	$52.0K	141
Q2 23	$85.7K	141
Q1 24	$57.8K	116
Q4 25	$102.3K	378

Revenue / Employee