Communication Services -
Broadcasting - NASDAQ - US
$ 1.15
-3 %
$ 53.7 M
Market Cap
-14.12
P/E
1. INTRINSIC VALUE
Balance Sheet
MediaCo Holding Inc.
| Current Assets | 3.4 M |
| Cash & Short-Term Investments | 159 K |
| Receivables | 2.86 M |
| Other Current Assets | 379 K |
| Non-Current Assets | 117 M |
| Long-Term Investments | 0 |
| PP&E | 13.5 M |
| Other Non-Current Assets | 103 M |
| Current Liabilities | 57.3 M |
| Accounts Payable | 35.4 M |
| Short-Term Debt | 117 M |
| Other Current Liabilities | -95.1 M |
| Non-Current Liabilities | 186 M |
| Long-Term Debt | 2.43 M |
| Other Non-Current Liabilities | 183 M |
EFFICIENCY
Earnings Waterfall
MediaCo Holding Inc.
| Revenue | 95.6 M |
| Cost Of Revenue | 107 M |
| Gross Profit | -11.1 M |
| Operating Expenses | 17.1 M |
| Operating Income | -28.2 M |
| Other Expenses | -26.9 M |
| Net Income | -1.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MediaCo Holding Inc.
| Net Income | -1.3 M |
| Depreciation & Amortization | 5.26 M |
| Capital Expenditures | -1.11 M |
| Stock-Based Compensation | 328 K |
| Change in Working Capital | 0 |
| Others | -24.3 M |
| Free Cash Flow | -21 M |
Wall Street Analysts Price Targets
MediaCo Holding Inc.
MDIA has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
MDIA does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
MediaCo Holding Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
70.5 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MediaCo Holding Inc. and Trace Create Joint Initiative to Transform the Global Landscape of Hip Hop and Afro-Urban Culture
NEW YORK & PARIS & ZANZIBAR, Tanzania--(BUSINESS WIRE)--At the occasion of the Trace Awards & Summit in Zanzibar, Trace, the leading global media brand for Afro-Urban music, entertainment, and empowerment, and MediaCo Holding Inc. (NASDAQ: MDIA), owner of the legendary HOT 97 and WBLS brands and FM radio stations, announced that they formed a groundbreaking joint initiative to amplify Hip Hop, R&B, and Afro-Urban culture worldwide. This collaboration will unlock new content and distribu.
businesswire.com
- 1 month ago
MediaCo Completes Full Repayment of $7.3 Million Convertible Promissory Note
NEW YORK--(BUSINESS WIRE)--MediaCo Holding Inc. completed full repayment of the $7.3 million Convertible Promissory Note.
businesswire.com
- 5 months ago
MediaCo: Repositioning Itself As A Major Multicultural Platform
MediaCo's repositioning through the Estrella Media acquisition helps it diversify its revenue stream to include content distribution, digital streaming, and video-on-demand, in addition to spot advertising. The media industry remains fiercely competitive from new media sources like social networks, telecom companies, and streaming services. The revenue synergies are astounding as it more than doubled MediaCo's sales while assets have also increased significantly and there is potential for cost synergies too.
seekingalpha.com
- 7 months ago
Up 100% or More in 2024, Is It Too Late to Buy These 3 Stocks?
Investing in stocks to buy that already surged over 100% in 2024 presents a complex challenge. On one hand, there's a natural reluctance to go against strong market momentum—a strategy that has often backfired for those attempting to predict a downturn, as seen with high-flyers like Tesla (NASDAQ: TSLA ) in the past and even former (or current?
investorplace.com
- 10 months ago
WhiteHawk Capital Partners Provides Credit Facility to MediaCo
LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners Provides Credit Facility to MediaCo.
businesswire.com
- 11 months ago
Can You Afford to Ignore These 3 Stocks Up Over 200% in 2024?
Buying stocks up over 200% in 2024 is a tricky proposition. On one hand, you don't want to fight momentum.
investorplace.com
- 1 year ago
MediaCo Holding, Parent Of Hot 97 and WBLS Radio, Acquires Estrella Media Spanish Language Operations
MediaCo Holding Inc. has acquired all of Estrella Media's network, content, digital, and commercial operations. Among the Estrella Media brands joining MediaCo are the EstrellaTV network and its linear and digital video content business, along with its digital channels. The transaction closed on April 17 and terms were not revealed.
deadline.com
- 1 year ago
MediaCo Acquires Estrella Media's Content and Digital Operations
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--MediaCo Holding Inc. (Nasdaq: MDIA) (“MediaCo”) today announced that it has acquired all of Estrella Media's network, content, digital, and commercial operations. Among the Estrella Media brands joining MediaCo are the EstrellaTV network and its influential linear and digital video content business, and Estrella Media's expansive digital channels, including its four FAST channels – EstrellaTV, Estrella News, Cine EstrellaTV, and Estrella Games – and the.
businesswire.com
- 1 year ago
Why Is MediaCo (MDIA) Stock Up 74% Today?
MediaCo (NASDAQ: MDIA ) stock is rising higher on Friday after the company updated investors on the stake held by Standard General L.P. CEO Soohyung Kim.
investorplace.com
- 1 year ago
Why Is MediaCo (MDIA) Stock Up 86% Today?
MediaCo (NASDAQ: MDIA ) stock is rising higher on Monday alongside heavy trading of the U.S. radio station company's shares. As of this writing, more than 8.4 million shares of MDIA stock have changed hands.
investorplace.com
- 1 year ago
MediaCo Holding Inc. Announces Chris Squire as Senior Vice President of Sales and Marketing for HOT 97 and WBLS
NEW YORK--(BUSINESS WIRE)--MediaCo Holding Inc. (NASDAQ: MDIA) announced today that Chris Squire has been named the Senior Vice President of Sales and Marketing for HOT 97 and WBLS, effective January 2, 2024. Squire joins MediaCo from iHeartMedia in Philadelphia, where he was the Senior Vice President of Sales for more than three years. In making the announcement, Kudjo Sogadzi, MediaCo's Interim President and Chief Operating Officer, said, “With Chris's extensive experience and deep understand.
businesswire.com
- 1 year ago
MediaCo Holding Inc. Announces Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--MediaCo Holding Inc. (NASDAQ: MDIA) announced today that its Board of Directors has authorized a program to repurchase shares of the Company’s Class A Common Stock, par value $0.01 per share (the “Common Stock”) constituting, in the aggregate, up to an amount not to exceed $2 million. The program is effective immediately. Shares of the Common Stock may be repurchased in the open market or through negotiated transactions. The program may be terminated or suspended at any time at the discretion of the Company. The Company may in the future enter into a Rule 10b5-1 trading plan to effect a portion of the authorized purchases, if criteria set forth in the plan are met. Such a plan would enable the Company to repurchase its shares during periods outside of its normal trading windows, when the Company typically would not be active in the market. The time of purchases and the exact number of shares to be purchased will depend on market conditions. The repurchase program does not include specific price targets or timetables and may be suspended or terminated at any time. The Company intends to finance the purchases using available working capital. About MediaCo Holding Inc.: MediaCo Holding Inc. (“MediaCo”) is a publicly listed media company (NASD: MDIA) that super-serves communities throughout the country. MediaCo owns and operates two iconic radio stations in New York City, HOT 97 (WQHT-FM) and WBLS-FM, which boast extensive digital reach across the US. The company primarily generates revenue from advertising sales, program syndication and live events. Forward-looking Statements: This press release contains forward-looking statements including, among other things, statements regarding our intended share repurchase program. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Since forward-looking statements relate to the future, they are subject to risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our Form 10-K for the fiscal year ended December 31, 2021, and subsequent periodic reports that we have filed with the SEC from time to time, which could cause actual results to vary from expectations. MediaCo assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
businesswire.com
- 2 years ago
8. Profile
Summary
MediaCo Holding Inc. MDIA
COUNTRY
US
INDUSTRY
Broadcasting
MARKET CAP
$ 53.7 M
Dividend Yield
0.00%
Description
MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital billboards primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The company also offers digital advertising and event sponsorship services. As of December 31, 2021, it owned and operated approximately 3,500 outdoor advertising displays. MediaCo Holding Inc. was founded in 2019 and is headquartered in New York, New York. MediaCo Holding Inc. is a subsidiary of Emmis Communications Corporation.
Contact
395 Hudson Street, New York, NY, 10014
https://mediacoholding.com
IPO
Date
Jan. 6, 2020
Employees
407
Officers
Ms. Debra Defelice
Chief Financial Officer & Treasurer
Mr. Alberto Rodriguez
Interim Chief Executive Officer, President & Chief Revenue Officer
Mr. Rene Santaella
Chief Operating Officer
Alex Roman
Chief Technology Officer
Chip Callaham
Director of Human Resources
Mr. Andrew C. Carington Esq.
Secretary