Company Quick10K Filing
Saga Communications
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-03-13
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-15
10-Q 2018-09-30 Filed 2018-11-09
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-13
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-04
10-K 2016-12-31 Filed 2017-03-10
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-09
10-K 2015-12-31 Filed 2016-03-14
10-Q 2015-09-30 Filed 2015-11-09
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-13
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-11
10-Q 2014-03-31 Filed 2014-05-12
10-K 2013-12-31 Filed 2014-03-17
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-09-30 Filed 2012-11-09
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-09
10-K 2011-12-31 Filed 2012-03-15
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-16
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-16
10-Q 2010-03-31 Filed 2010-05-14
10-K 2009-12-31 Filed 2010-03-16
8-K 2020-05-11 Enter Agreement, Shareholder Vote, Exhibits
8-K 2020-03-31 Earnings, Exhibits
8-K 2020-03-04 Other Events, Exhibits
8-K 2020-01-06 Officers, Exhibits
8-K 2019-12-31 Earnings, Exhibits
8-K 2019-12-11 Other Events, Exhibits
8-K 2019-09-30 Earnings, Exhibits
8-K 2019-09-12 Other Events, Exhibits
8-K 2019-06-30 Earnings, Exhibits
8-K 2019-05-30 Other Events, Exhibits
8-K 2019-05-13 Shareholder Vote
8-K 2019-03-31 Earnings, Exhibits
8-K 2019-02-26 Officers, Exhibits
8-K 2019-02-26 Other Events, Exhibits
8-K 2018-12-31 Earnings, Exhibits
8-K 2018-11-28 Regulation FD
8-K 2018-11-28 Other Events, Exhibits
8-K 2018-10-29 Other Events, Exhibits
8-K 2018-09-30 Earnings, Exhibits
8-K 2018-09-28 Officers, Exhibits
8-K 2018-08-14 Other Events, Exhibits
8-K 2018-08-01 Regulation FD, Exhibits
8-K 2018-06-30 Earnings, Exhibits
8-K 2018-06-27 Enter Agreement, Exhibits
8-K 2018-05-24 Officers, Exhibits
8-K 2018-05-23 Officers, Exhibits
8-K 2018-05-14
8-K 2018-03-31 Earnings, Exhibits
8-K 2018-02-28 Other Events, Exhibits
8-K 2017-12-31 Earnings, Exhibits

Saga Communications Financials

SGA Metrics, Comps, Filings

Quarterly | Annual

Business

We are a broadcast company primarily engaged in acquiring, developing and operating broadcast properties. On September 1, 2017 we sold our Joplin, Missouri and Victoria, Texas television stations. The television stations that were sold constituted our entire television segment. The historical results of operations for the television stations are presented as discontinued operations for all periods presented (see Note 4). As a result of the sale of our television stations and those stations being reported as discontinued operations we only have one reportable segment at December 31, 2018 and 2017. Unless indicated otherwise, the information in the Notes to Consolidated Financial Statements relates to our continuing operations. As of February 28, 2019, we owned seventy-nine FM and thirty-four AM radio stations serving twenty-seven markets, including Bellingham, Washington; Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New Hampshire; and Des Moines, Iowa.

The following table sets forth information about our radio stations and the markets they serve as of February 28, 2019:

Copy History 2018 2018 Market Market Ranking Ranking By Radio By Radio Target Station Market (a) Revenue (b) Market (b) Station Format Demographics FM: WKLH Milwaukee, WI 30 41 Classic Rock Men 40-64 WHQG Milwaukee, WI 30 41 Rock Men 18-49 WJMR Milwaukee, WI 30 41 Urban Adult Contemporary Women 25-54 WNRG Milwaukee, WI 30 41 Contemporary Hits Adults 18-34 WSNY Columbus, OH 34 36 Adult Contemporary Women 25-54 WNND Columbus, OH 34 36 Classic Hits Adults 35-64 WNNP Columbus, OH 34 36 Classic Hits Adults 35-64 WLVQ Columbus, OH 34 36 Classic Rock Men 40-64 WVMX Columbus, OH 34 36 Hot Adult Contemporary Women 25-44 WNOR Norfolk, VA 40 45 Rock Men 18-49 WAFX Norfolk, VA 40 45 Classic Rock Men 35-64 KSTZ Des Moines, IA 67 70 Hot Adult Contemporary Women 25-44 KSTZ-HD2 Des Moines, IA 67 70 Country Legends Adults 45-64 KIOA Des Moines, IA 67 70 Classic Hits Adults 45-64 KIOA-HD2 Des Moines, IA 67 70 Contemporary Hits Adults 18-34 KAZR Des Moines, IA 67 70 Rock Men 25-49 KAZR-HD2 Des Moines, IA 67 70 Oldies Adults 45+ KMYR Des Moines, IA 67 70 Soft Adult Contemporary Women 25-54 WMGX Portland, ME 72 97 Hot Adult Contemporary Women 25-44 WYNZ Portland, ME 72 97 Classic Hits Adults 45-64 WPOR Portland, ME 72 97 Contemporary Country Adults 25-54 WCLZ Portland, ME 72 97 Adult Album Alternative Adults 25-54 WAVF Charleston, SC 86 78 Adult Contemporary Adults 25-54 WCKN Charleston, SC 86 78 Contemporary Country Adults 25-54 WMXZ Charleston, SC 86 78 Hot Adult Contemporary Women 25-44 WMXZ-HD2 Charleston, SC 86 78 Urban Hits Adults 18-34 WXST Charleston, SC 86 78 Urban Adult Contemporary Adults 25-54 WAQY Springfield, MA 97 100 Classic Rock Men 35-54 WLZX Springfield, MA 97 100 Alternative Rock Men 18-49 WOGK Ocala-Gainesville, FL 118 87 Contemporary Country Adults 25-54 WYND Ocala-Gainesville, FL 118 87 Classic Rock Men 40-64 WNDD Ocala-Gainesville, FL 118 87 Classic Rock Men 40-64 WNDN Ocala-Gainesville, FL 118 87 Classic Rock Men 40-64


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Pandora (P) 2,533,179 33% -9.4 -28% 1,172,803 606,924 1,516,990 502,581 -332,102 -254,951 2,400,809
Gray Television (GTN) 1,604,890 0% 14.8 2% 7,104,000 5,051,000 1,871,220 0 173,267 363,267 5,378,890
Central European Media Enterprises (CETV) 1,204,711 45% 8.6 9% 1,339,181 804,599 697,260 311,443 125,606 205,609 1,765,145
EW Scripps (SSP) 1,014,198 0% 18.8 -0% 3,506,491 2,612,883 1,347,548 0 -6,964 155,328 2,913,479
Entercom Communications (ETM) 470,203 0% -12.0 -8% 4,185,448 2,817,578 1,487,186 0 -319,621 -180,130 2,165,827
Entravision Communications (EVC) 271,586 0% 37.7 -3% 687,842 401,866 284,810 0 -19,970 12,288 463,547
Townsquare Media (TSQ) 191,688 0% 13.1 -0% 1,029,668 680,584 428,289 0 -1,591 51,557 677,096
Urban One (UONE) 110,368 15% 11.1 10% 1,261,501 1,062,573 444,616 67,499 123,208 87,503 972,242
Beasley Broadcast Group (BBGI) 87,551 0% 10.2 1% 739,883 458,414 189,461 0 8,666 32,237 328,652
Emmis Communications (EMMS) 58,888 0% 7.3 2% 259,872 157,774 113,896 0 4,025 18,575 135,154
Salem Media (SALM) 43,385 0% 36.2 -4% 586,245 391,574 189,265 0 -23,327 8,105 293,343
NTN Buzztime (NTN) 6,601 0% 29.0 -5% 14,919 8,574 14,638 0 -754 200 5,804
Saga Communications (SGA) 183 0% -1.5 6% 248,999 58,596 124,219 0 13,733 20,064 -30,889
Liberty Media Corporation (BATRA)
Akazoo (SONG)
Cumulus Media (CMLS) -94.7 -0% 0 0 0 -10,600 1,003,622
Grupo Televisa (TV) 0% 297,170,593 192,639,902 0 0 0 0 -1,961,106
Phoenix New Media (FENG) 0% 4,630,719 1,240,358 0 0 0 0 -443,672
ViacomCBS (VIAC) 0% 2.0 16% 24,476,000 19,424,000 15,438,000 0 3,925,000 4,615,000 9,041,000
Tencent Music (TME) 0% 44,605,000 6,833,000 0 0 0 0 -0

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash12,8637,5476,9916,6958,84114,12415,91525,29219,30327,45417,62823,32725,91628,04017,90724,52127,37818,86621,61415,33617,73522,71426,64030,58030,22881,03553,03047,79452,91148,79444,72939,17038,51241,072
Accounts Receivable19,83019,48119,41516,96919,37419,15819,69216,93019,77219,41319,81517,81319,63819,75320,66117,91220,33820,38421,30019,51922,19021,74721,66019,18317,18618,88019,30716,74418,56418,92419,98416,92818,93718,039
Inventory
PP&E160,856162,19563,186161,513156,437156,692155,779156,454157,656157,604158,762160,526161,507162,104161,602162,193161,951167,183167,074168,295169,735163,554159,968157,207134,405135,644135,856135,805135,907137,201140,220141,004142,741142,469
Assets201,623192,190190,334186,913191,844197,113197,330200,570197,983204,770193,224197,156201,988204,515192,044195,548200,299204,162204,571209,727213,984217,803221,020221,567226,878277,954248,769241,078246,171242,561248,477245,453247,152248,999
Accounts Payable1,7791,2521,8081,4951,4101,6252,2181,8021,7931,5771,9621,9711,5732,2012,1332,2622,1152,5742,7992,8402,6802,5752,3772,6812,2872,2112,2062,5862,4002,2162,6132,0261,8402,037
Long-Term Debt89,07876,32869,07861,32858,82858,82858,82858,82851,07851,07846,07846,07846,07841,07836,07836,07836,07836,36536,36536,36536,36536,36536,36536,36536,36535,28725,00025,00025,00020,00020,00015,00010,00010,000
Liabilities116,593103,39297,35991,25691,02991,94593,12193,16185,71188,11983,52384,34184,20585,59476,79978,65179,82382,27881,75584,56584,94884,58086,03885,58487,559106,39969,30461,15763,75758,40363,47860,12758,55858,596
Stockholders' Equity85,03088,79892,97595,657100,815105,168104,209107,409112,272116,651109,701112,815117,783118,921115,245116,897120,476121,884122,816125,162129,036133,223134,982135,983139,319171,555179,465179,921182,414184,158184,999185,326188,594190,403
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue33,18332,49432,91029,93432,98632,40935,54128,95733,83232,92933,76029,42333,83134,37336,37129,06134,35833,83135,60632,74536,43836,11937,28931,41030,26130,26931,46428,00932,23431,64832,93827,81632,19131,274
Cost of Revenue
Gross Profit
R&D
SG&A1,9491,9651,7361,9491,9401,9102,1611,9481,9822,0512,1912,1532,2222,3072,3212,4822,5832,5772,4492,7172,6202,7282,9152,8632,8803,1322,7822,5442,8482,8133,1542,6852,7062,788
Tax2,1762,6092,5001,7863,4383,2273,4891,8123,1302,8202,2301,6273,1932,1803,0501,4503,1412,5992,4502,1303,3903,7153,2651,3302,2722,290-11,2006601,7951,5751,6705501,8501,460
Net Income3,1703,6944,1052,7055,1324,3285,7602,9494,8044,2963,2242,4394,7773,2454,4432,1314,4743,1123,6973,0244,8115,4144,9371,9384,53433,41614,8291,5294,1713,6954,2951,3704,7343,334
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating7,8657,7578,7985,9586,7659,4347,7263,3208,4247,2427,8383,9739,1604,4457,5875,2466,5159,1877,1905,5508,2805,4557,748-13,3034,3728,8214,9746,3056,5256,138
Cash Investing-429-1,063-1,264-1,312-1,482-9001,648-1,326-356-1,776-2,139-1,627-887-55-948-1,131-13,203-1,824-13,468-1,686-73-1,515-4,616-1,734-1,204-1,395-1,525-1,726-1,936-1,518
Cash Financing-12,752-7,250-7,830-2,5000-6,7433-7,98383-15,2920243-6,149-14,523-25-1,258-1,824-4,6150-1,465-3,228-12,968-8,404-2,309-7,566-10,138-5,247-2,060