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SBSAA Spanish Broadcasting System

Spanish Broadcasting System Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 250 affiliated stations reaching 94% of the U.S. Hispanic audience.  SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico, produces a nationwide roster of live concerts and events, and owns a stable of digital properties including La Musica, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at www.spanishbroadcasting.com.

Company profile

Ticker
SBSAA
Exchange
CEO
Raúl Alarcón
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
133827791

SBSAA stock data

(
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Calendar

6 Jul 20
13 Apr 21
31 Dec 21
Quarter (USD)
Mar 20 Sep 19 Jun 19 Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 36.6M 36.6M 36.6M 36.6M 36.6M 36.6M
Cash burn (monthly) (positive/no burn) (positive/no burn) 1.97M (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) n/a n/a 24.5M n/a n/a n/a
Cash remaining n/a n/a 12.1M n/a n/a n/a
Runway (months of cash) n/a n/a 6.1 n/a n/a n/a

Beta Read what these cash burn values mean

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

14.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 0 NEW
Opened positions 1 0 NEW
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 620K 0 NEW
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Bluestone Financial 620K $0 NEW
Largest transactions
Shares Bought/sold Change
Bluestone Financial 620K +620K NEW

Financial report summary

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Risks
  • The COVID-19 pandemic has adversely affected and could continue to adversely affect our business, financial position, results of operation, liquidity and cash flows.
  • Impairments of our FCC licenses and/or goodwill related to the impact of the COVID-19 pandemic will adversely affect our operating results and we may be required to record further impairment losses in the future.
Management Discussion
  • The increase in our consolidated net revenues of $14.3 million or 10% was due to increases in both our radio and television segments net revenue. Our radio segment net revenue increased $14.0 million or 11% due to increased in local, network, and digital sales which were partially offset by a decrease in national sales. Our special events revenue increased primarily in our Los Angeles, New York and San Francisco markets.  Our television segment net revenue increased $0.3 million or 2%, due to increases in local sales partially offset by a decrease in special event and subscriber based revenue.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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