CMLS
Cumulus Media, Inc.
NASDAQ · Communication Services · Broadcasting · US
$0.01
−9.09%Income statement
| Metric | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 772.2M | 827.1M | 844.5M | 953.5M | 916.5M |
| Cost of Revenue | 288.2M | 324.2M | 333.4M | 357.5M | 358.7M |
| Gross Profit | 484.0M | 502.8M | 511.2M | 596.0M | 557.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 410.0M | 443.6M | 377.0M | 389.6M | 452.7M |
| General & Admin Expense | 129.5M | 66.8M | — | 389.6M | 451.7M |
| Selling & Marketing Expense | 280.4M | 376.8M | 377.0M | 44.0K | 1.1M |
| Other Expenses | 315.7M | 298.9M | 175.4M | 126.6M | 35.9M |
| Total Operating Expenses | 725.7M | 742.5M | 552.5M | 516.2M | 488.7M |
| Cost and Expenses | 1.0B | 1.1B | 885.8M | 873.7M | 847.4M |
| Operating Income (EBIT) | (241.7M) | (239.7M) | (41.3M) | 79.8M | 69.1M |
| Non-Operating | |||||
| Interest Income | 3.6M | 531.0K | 2.4M | 340.0K | — |
| Interest Expense | 68.3M | 68.8M | 71.3M | 64.9M | 67.8M |
| Net Interest Income | (64.8M) | (68.2M) | (68.9M) | (64.5M) | (67.8M) |
| Other Non-Op Income/Expense | (65.1M) | (53.4M) | (59.4M) | (60.2M) | (48.9M) |
| Non-Operating Income (excl Interest) | (239.4M) | (239.7M) | (64.9M) | (22.2M) | (15.5M) |
| EBT (Pre-Tax Income) | (306.8M) | (293.0M) | (100.7M) | 19.6M | 20.3M |
| Income Tax Expense | (10.2M) | (9.8M) | 17.2M | 3.4M | 3.0M |
| Bottom Line | |||||
| Net Income | (296.7M) | (283.3M) | (117.9M) | 16.2M | 17.3M |
| Earnings from Cont. Ops | (296.7M) | (283.3M) | (117.9M) | 16.2M | 17.3M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (296.7M) | (283.3M) | (117.9M) | 16.2M | 17.3M |
| Per Share | |||||
| Basic EPS | ($17.39) | ($16.79) | ($6.83) | $0.83 | $0.84 |
| Diluted EPS | ($17.39) | ($16.79) | ($6.83) | $0.81 | $0.83 |
| Revenue Per Share | $44.28 | $49.01 | $48.91 | $48.75 | $44.74 |
| Shares | |||||
| Basic Shares Outstanding | 17.4M | 16.9M | 17.3M | 19.6M | 20.5M |
| Diluted Shares Outstanding | 17.4M | 16.9M | 17.3M | 20.0M | 20.9M |
| Profitability Metrics | |||||
| EBITDA | 54.2M | 59.2M | 81.8M | 158.4M | 138.1M |
| D&A | 56.5M | 59.1M | 58.2M | 56.4M | 53.5M |
| EBIT | (2.3M) | 74.0K | 23.7M | 102.0M | 84.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025