Company Quick10K Filing
Urban One
10-K 2019-12-31 Filed 2020-04-29
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-02
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-18
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-16
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-08
10-K 2016-12-31 Filed 2017-03-10
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-06
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 2015-05-04
10-K 2014-12-31 Filed 2015-02-17
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-31
10-Q 2013-09-30 Filed 2013-11-14
10-Q 2013-06-30 Filed 2013-08-19
10-Q 2013-03-31 Filed 2013-05-13
10-K 2012-12-31 Filed 2013-03-27
10-Q 2012-09-30 Filed 2012-11-13
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-11
10-K 2011-12-31 Filed 2012-03-30
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-13
10-K 2010-12-31 Filed 2011-03-16
10-Q 2010-09-30 Filed 2010-11-04
10-Q 2010-06-30 Filed 2010-08-23
10-Q 2010-03-31 Filed 2010-05-17
10-K 2009-12-31 Filed 2010-04-01
8-K 2020-05-14 Other Events
8-K 2020-05-12
8-K 2020-03-28 Other Events
8-K 2020-03-20 Earnings, Other Events, Exhibits
8-K 2020-01-03 Officers
8-K 2019-12-05 Regulation FD, Exhibits
8-K 2019-11-13 Enter Agreement, Exhibits
8-K 2019-11-12 Earnings, Regulation FD
8-K 2019-11-07 Earnings, Amendment, Regulation FD, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-06-10 Enter Agreement, Exhibits
8-K 2019-05-23 Shareholder Vote
8-K 2019-05-09 Earnings, Regulation FD, Exhibits
8-K 2019-03-05 Earnings, Officers, Exhibits
8-K 2019-01-17
8-K 2019-01-07
8-K 2018-12-19
8-K 2018-12-04
8-K 2018-12-03
8-K 2018-11-06 Earnings, Other Events, Exhibits
8-K 2018-10-04
8-K 2018-08-08
8-K 2018-06-25
8-K 2018-05-21
8-K 2018-05-08
8-K 2018-03-06

Urban One Financials

UONE Metrics, Comps, Filings

Quarterly | Annual

Business

On January 19, 2019, the Company launched CLEO TV, a lifestyle and entertainment network targeting Millennial and Gen X women of color. CLEO TV offers quality content that defies negative and cultural stereotypes of today's modern women. The results of CLEO TV's operations will be reflected in the Company's cable television segment.

On January 17, 2019, the Company announced that it had given the required notice (“2020 Redemption Notice”) under the indenture governing its 9.25% Senior Subordinated Notes due 2020 (the “2020 Notes”) to redeem for cash all outstanding aggregate principal amount of its Notes to the extent outstanding on February 15, 2019 (the “Redemption Date”). The redemption price for the 2020 Notes was 100.0% of the principal amount of the Notes, plus accrued and unpaid interest to the Redemption Date.

On December 4, 2018, the Company and certain of its subsidiaries entered into a credit agreement (“2018 Credit Facility”), among the Company, the lenders party thereto from time to time, Wilmington Trust, National Association, as administrative agent, and TCG Senior Funding L.L.C, as sole lead arranger and sole book-runner. The 2018 Credit Facility, provided $192.0 million in term loan borrowings. Concurrently, on December 4, 2018, Urban One Entertainment SPV, LLC and its immediate parent, Radio One Entertainment Holdings, LLC, each of which is a wholly owned subsidiary of the Company, entered into a credit agreement, providing $50.0 million in term loan borrowings (the “MGM National Harbor Loan”). The net proceeds of term loan borrowings under the 2018 Credit Facility and the MGM National Harbor Loan were used to refinance and redeem substantially all of the Company's outstanding 2020 Notes. Simultaneously with entry into the 2018 Credit Facility and the MGM National Harbor Loan, the Company announced the launch of a cash tender offer for any and all of its 2020 Notes. Under the Tender Offer, the Company accepted for purchase $213,255,000 aggregate principal amount of the 2020 Notes, and paid for such 2020 Notes on December 20, 2018. Concurrently with that settlement, the Company also repurchased at par of approximately $29.7 million aggregate principal amount of 2020 Notes from certain lenders under the new credit facilities. Immediately following these settlements, approximately $2.0 million aggregate principal amount of 2020 Notes remained outstanding. Such 2020 Notes were the subject of the 2020 Redemption Notice described above. The 2018 Credit Facility and MGM National Harbor Loan are more fully described in Note 9 of our consolidated financial statements — Long-Term Debt.)


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Pandora (P) 2,533 33% -9.4 -28% 1,173 607 1,517 503 -332 -255 2,401
Gray Television (GTN) 1,605 0% 14.8 2% 7,104 5,051 1,871 0 173 363 5,379
Central European Media Enterprises (CETV) 1,205 45% 8.6 9% 1,339 805 697 311 126 206 1,765
EW Scripps (SSP) 1,014 0% 18.8 -0% 3,506 2,613 1,348 0 -7 155 2,913
Entercom Communications (ETM) 470 0% -12.0 -8% 4,185 2,818 1,487 0 -320 -180 2,166
Entravision Communications (EVC) 272 0% 37.7 -3% 688 402 285 0 -20 12 464
Townsquare Media (TSQ) 192 0% 13.1 -0% 1,030 681 428 0 -2 52 677
Urban One (UONE) 110 15% 11.1 10% 1,262 1,063 445 67 123 88 972
Beasley Broadcast Group (BBGI) 88 0% 10.2 1% 740 458 189 0 9 32 329
Emmis Communications (EMMS) 59 0% 7.3 2% 260 158 114 0 4 19 135
Salem Media (SALM) 43 0% 36.2 -4% 586 392 189 0 -23 8 293
NTN Buzztime (NTN) 7 0% 29.0 -5% 15 9 15 0 -1 0 6
Saga Communications (SGA) 0 0% -1.5 6% 249 59 124 0 14 20 -31
Akazoo (SONG)
Liberty Media Corporation (BATRA)
Cumulus Media (CMLS) -94.7 -0% 0 0 0 -11 1,004
Tencent Music (TME) 0% 44,605 6,833 0 0 0 0 -0
ViacomCBS (VIAC) 0% 2.0 16% 24,476 19,424 15,438 0 3,925 4,615 9,041
Phoenix New Media (FENG) 0% 4,631 1,240 0 0 0 0 -444
Grupo Televisa (TV) 0% 297,171 192,640 0 0 0 0 -1,961

Balance Sheet ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash333644495746404857466055686160596773547247416553384437461661532
Accounts Receivable868480898284959898969494969510010010510110710110410410711011298101105110101106103
Inventory
PP&E33343435139353635147333332153313130158292826159242524165242426172262425
Assets1,5211,4861,4811,4791,4601,4421,4291,4201,4141,4061,4061,3921,3991,3851,3841,3631,3471,3431,3511,3601,3591,3531,3621,3261,3171,3061,2901,2881,2371,2721,2691,262
Accounts Payable768105788777878648965876788867875
Long-Term Debt8048098158258248228218208198268248238238221,0471,0461,0451,0441,0231,0221,0221,0211,0261,005984972957952930908910894
Liabilities1,0701,0561,1291,0941,0931,0961,0981,1061,1171,1331,1441,1471,1671,1691,4031,4001,4071,4071,4041,4141,4181,4151,4251,3961,2631,2771,2391,2141,0481,0841,0771,063
Stockholders' Equity21620612357958561065063878534333192-31-48-72-76-65-66-71-73-73-8043174063179177181190
Income Statement ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue104981031101069912011811211110811211010612011610910912311111410111811210910011511111498122111
Cost of Revenue3333313239303337373534373634313336343132373233353132303131
Gross Profit7265727767698781747674767471888374759279766985777867858067
R&D
SG&A3637313341363541383731354241333643363335433734354137334536
Tax-206590758999999104-82241000-01300-128237
Net Income-7-22-7511-175138-16-20-5-9-13-12-13-18-24-48-0-3-21-8121-232423117-776
Cash Flow ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating2623164118151245240283111022-31489221210161223
Cash Investing-15-10-402-3-2-10-2-1-3-0-216-2-1-3-2-1161-3-1-16-1-112
Cash Financing-8-5-30-8-8-5-2-8-9-8-7188-2-2-2-3-2-6-22-21-15-18-8-25-2-18