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BBGI

Beasley Broadcast Group, Inc.

BBGI

Beasley Broadcast Group, Inc. • NASDAQ
$4.22 ▼ -3.65% (-0.16)
Market Cap $7.61 M
52w High $10.42
52w Low $3.67
Dividend Yield 0%
P/E -0.88
Volume 1.75K
Outstanding Shares 1.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $50.977M ▼ $3.899M ▼ $-3.557M ▼ -6.977% ▼ $-1.97 ▼ $885.336K ▼
Q2-2025 $53M ▲ $50.108M ▲ $-154.175K ▲ -0.291% ▲ $-0.086 ▲ $5.081M ▲
Q1-2025 $48.912M ▼ $4.019M ▼ $-2.69M ▼ -5.499% ▼ $-1.5 ▼ $749.227K ▼
Q4-2024 $67.285M ▲ $59.703M ▲ $-2.059M ▲ -3.06% ▲ $-1.17 ▲ $3.628M ▲
Q3-2024 $58.19M $56.953M $-3.561M -6.119% $-2.33 $2.95M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $14.337M ▲ $534.571M ▼ $393.552M ▼ $141.019M ▼
Q2-2025 $13.724M ▲ $548.038M ▲ $403.514M ▲ $144.524M ▼
Q1-2025 $12.235M ▼ $539.259M ▼ $394.64M ▼ $144.619M ▼
Q4-2024 $13.773M ▼ $549.207M ▼ $401.987M ▼ $147.22M ▲
Q3-2024 $27.802M $571.479M $425.646M $145.833M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.557M ▼ $-4.892M ▼ $5.505M ▲ $0 ▲ $613.076K ▼ $0 ▼
Q2-2025 $-154.175K ▲ $3.055M ▲ $-573.173K ▼ $-992.937K ▼ $1.488M ▲ $2.481M ▲
Q1-2025 $-2.69M ▼ $-3.475M ▼ $1.946M ▲ $-9.105K ▲ $-1.537M ▲ $-4.275M ▼
Q4-2024 $-2.059M ▲ $-1.47M ▲ $922.34K ▲ $-13.481M ▼ $-14.029M ▼ $-1.857M ▲
Q3-2024 $-3.561M $-4.797M $-642.189K $-52.651K $-5.492M $-5.439M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Audio Advertising
Audio Advertising
 $60.00M ▲$40.00M ▼$40.00M ▲$40.00M ▲
Digital Advertising
Digital Advertising
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Beasley’s revenue has been fairly flat over the past few years, which suggests a mature, slow‑growing core business. Profitability has been weak and inconsistent: operating profits are thin, and the company has reported net losses in most recent years. Margins appear tight, leaving little room to absorb shocks in advertising demand or higher costs. The improvement in earnings before interest, taxes, and depreciation in the most recent year hints at some operational progress, but the overall earnings profile still looks fragile and volatile.

Balance Sheet

Balance Sheet The balance sheet shows a company with meaningful leverage and a shrinking cushion of shareholder equity. Total assets have been gradually drifting down, while debt has stayed relatively high, which raises sensitivity to interest costs and refinancing needs. Cash on hand is modest, giving limited flexibility if conditions worsen or if investments are needed to accelerate the digital transition. The decline in equity over time signals accumulated losses and underlines the importance of stabilizing profits and paying down debt.

Cash Flow

Cash Flow Cash generation from the core business has hovered around break‑even, which means the company has not been producing strong excess cash to reinvest or reduce debt. Free cash flow has been slightly negative in most years, though the shortfall has been small, helped by relatively light capital spending. This pattern points to a business that is treading water financially rather than clearly compounding value. It also means there is limited margin for error if advertising cycles weaken or if digital investments require more funding than expected.

Competitive Edge

Competitive Edge Beasley operates in a tough media environment, facing long‑term pressure on traditional radio from streaming services, podcasts, and other digital platforms. Its key strengths are local brand recognition, popular on‑air personalities, and deep community ties in its markets, which can be difficult for national or purely digital rivals to copy. The company also differentiates itself by selling integrated campaigns that combine radio with targeted digital advertising, giving advertisers a more complete package. However, as a mid‑sized player, it lacks the scale of the largest media groups and must execute especially well on its niche of hyper‑local content and multi‑platform solutions to maintain share.

Innovation and R&D

Innovation and R&D Innovation at Beasley is focused less on formal research spending and more on rethinking its business model around digital and technology. The company is leaning into data‑driven advertising, AI‑assisted ad production, and experiments such as AI‑powered on‑air talent to lower costs and speed up campaign creation. It is building owned digital platforms and a self‑service ad portal, aiming to capture more of the value from each campaign and reduce reliance on third‑party tech vendors. These moves could gradually raise digital margins and diversify revenue away from traditional radio spots, but their ultimate impact will depend on adoption by advertisers and the company’s ability to execute without eroding its local, human‑driven brand appeal.

Summary

Beasley Broadcast Group is in the middle of a difficult but necessary transition from a traditional radio broadcaster to a more digital, technology‑enabled media company. Financially, it is operating with thin margins, recurring net losses, and only modest cash generation, all while carrying a meaningful debt load, which increases execution risk. Strategically, its strengths lie in hyper‑local content, trusted personalities, and integrated multi‑platform campaigns, while its main challenges are structural headwinds in broadcast radio and limited financial flexibility. The success of its digital‑first strategy, AI initiatives, and self‑serve advertising tools will be critical in determining whether it can stabilize earnings, improve cash flow, and make better use of its local brand equity over the coming years.

NEWS

November 10, 2025 · 7:00 AM UTC

BEASLEY BROADCAST GROUP REPORTS THIRD QUARTER REVENUE OF $51.0 MILLION

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November 3, 2025 · 5:30 PM UTC

BEASLEY BROADCAST GROUP TO REPORT 2025 THIRD QUARTER FINANCIAL RESULTS, HOST CONFERENCE CALL AND WEBCAST ON NOVEMBER 10

Read more