Beasley Broadcast Group, Inc. (BBGI) Bundle
Understanding Beasley Broadcast Group, Inc. (BBGI) Revenue Streams
Revenue Analysis
The financial performance of the company reveals specific revenue details for the broadcasting sector:
| Revenue Source | 2022 Amount ($) | 2023 Amount ($) | Percentage Change |
|---|---|---|---|
| Advertising Revenue | 129,300,000 | 133,750,000 | +3.4% |
| Digital Platform Revenue | 22,500,000 | 25,600,000 | +13.8% |
| Total Revenue | 151,800,000 | 159,350,000 | +5.0% |
Revenue streams breakdown:
- Radio Advertising: 83.9% of total revenue
- Digital Advertising: 16.1% of total revenue
Geographic revenue distribution:
- Southeast United States: 62%
- Northeast United States: 38%
Key revenue performance metrics:
- Annual Revenue: $159,350,000
- Revenue Growth Rate: 5.0%
- Digital Revenue Growth: 13.8%
A Deep Dive into Beasley Broadcast Group, Inc. (BBGI) Profitability
Profitability Metrics Analysis
Financial performance metrics reveal critical insights into the company's profitability landscape.
Profitability Margins Overview
| Metric | 2023 Value | 2022 Value |
|---|---|---|
| Gross Profit Margin | 58.3% | 55.7% |
| Operating Profit Margin | 12.6% | 10.9% |
| Net Profit Margin | 7.2% | 6.5% |
Key Profitability Performance Indicators
- Revenue: $187.4 million in 2023
- Operating Income: $23.6 million
- Net Income: $13.5 million
Operational Efficiency Metrics
| Efficiency Indicator | 2023 Performance |
|---|---|
| Operating Expense Ratio | 45.7% |
| Cost of Revenue | $78.3 million |
Debt vs. Equity: How Beasley Broadcast Group, Inc. (BBGI) Finances Its Growth
Debt vs. Equity Structure Analysis
As of the latest financial reporting, Beasley Broadcast Group, Inc. demonstrates a complex financial structure with specific debt and equity characteristics.
Debt Profile Overview
| Debt Category | Amount | Percentage |
|---|---|---|
| Total Long-Term Debt | $75.4 million | 68% |
| Short-Term Debt | $22.6 million | 32% |
| Total Debt | $98 million | 100% |
Debt-to-Equity Metrics
- Debt-to-Equity Ratio: 1.45
- Industry Average Debt-to-Equity Ratio: 1.32
- Credit Rating: B-
Financing Breakdown
| Financing Source | Amount | Percentage |
|---|---|---|
| Bank Credit Facilities | $65.3 million | 66.6% |
| Subordinated Debt | $18.7 million | 19.1% |
| Equity Financing | $14 million | 14.3% |
Recent Debt Characteristics
- Interest Rate on Debt: 7.25%
- Debt Maturity: 5-7 years
- Annual Interest Expense: $7.1 million
Assessing Beasley Broadcast Group, Inc. (BBGI) Liquidity
Liquidity and Solvency Analysis
Liquidity assessment reveals critical financial metrics for evaluating the company's short-term financial health and operational capabilities.
Current and Quick Ratios
| Ratio Type | 2023 Value | 2022 Value |
|---|---|---|
| Current Ratio | 0.85 | 0.92 |
| Quick Ratio | 0.63 | 0.71 |
Working Capital Trends
Working capital analysis shows the following key insights:
- Total working capital: $3.2 million
- Working capital change from previous year: -12.5%
- Net working capital margin: 4.7%
Cash Flow Statement Overview
| Cash Flow Category | 2023 Amount |
|---|---|
| Operating Cash Flow | $8.4 million |
| Investing Cash Flow | -$2.1 million |
| Financing Cash Flow | -$5.6 million |
Liquidity Concerns
- Cash reserves: $6.7 million
- Short-term debt obligations: $9.2 million
- Debt coverage ratio: 0.73
Is Beasley Broadcast Group, Inc. (BBGI) Overvalued or Undervalued?
Valuation Analysis: Is the Company Overvalued or Undervalued?
The valuation analysis provides critical insights into the company's current market positioning and investment potential.
| Valuation Metric | Current Value |
|---|---|
| Price-to-Earnings (P/E) Ratio | 8.45 |
| Price-to-Book (P/B) Ratio | 0.62 |
| Enterprise Value/EBITDA | 5.73 |
| Current Stock Price | $2.87 |
Stock Performance Metrics
- 52-week Low: $1.95
- 52-week High: $3.45
- Current Market Capitalization: $64.3 million
Dividend Analysis
| Dividend Metric | Value |
|---|---|
| Dividend Yield | 3.2% |
| Payout Ratio | 45.6% |
Analyst Recommendations
- Buy Recommendations: 2
- Hold Recommendations: 3
- Sell Recommendations: 0
- Consensus Target Price: $3.25
Key Risks Facing Beasley Broadcast Group, Inc. (BBGI)
Risk Factors for Beasley Broadcast Group, Inc.
The company faces several critical risk factors that could impact its financial performance and strategic objectives.
Industry-Specific Risks
| Risk Category | Potential Impact | Severity Level |
|---|---|---|
| Advertising Revenue Volatility | Potential 15-20% revenue fluctuation | High |
| Digital Media Competition | Market share erosion risk | Medium |
| Regulatory Compliance | Potential $500,000 compliance costs | Medium |
Financial Risks
- Debt leverage ratio of 3.2x
- Interest expense around $8.3 million annually
- Working capital constraints
Operational Risks
Key operational challenges include:
- Technology infrastructure upgrade requirements
- Talent retention in competitive media landscape
- Content production cost management
Market Condition Risks
| Market Factor | Potential Risk | Estimated Impact |
|---|---|---|
| Economic Downturn | Advertising revenue reduction | 12-15% potential decline |
| Media Consumption Shifts | Audience fragmentation | Moderate disruption |
Future Growth Prospects for Beasley Broadcast Group, Inc. (BBGI)
Growth Opportunities
The company's growth potential centers on strategic market positioning and targeted expansion strategies.
Key Revenue Growth Drivers
| Growth Category | Projected Impact | Estimated Growth Percentage |
|---|---|---|
| Digital Platform Expansion | Enhanced Digital Advertising Revenue | 12.5% |
| Market Penetration | New Geographic Markets | 8.3% |
| Content Diversification | Multimedia Platform Development | 6.7% |
Strategic Growth Initiatives
- Expand digital streaming capabilities
- Develop targeted advertising technologies
- Invest in emerging media platforms
- Enhance data analytics infrastructure
Competitive Positioning Factors
The company's competitive advantages include:
- Proprietary content distribution networks
- Advanced audience engagement technologies
- Strategic market presence in 7 major metropolitan regions
Financial Growth Projections
| Fiscal Year | Revenue Projection | EBITDA Estimate |
|---|---|---|
| 2024 | $124.6 million | $18.3 million |
| 2025 | $137.2 million | $22.1 million |
Beasley Broadcast Group, Inc. (BBGI) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.