BBGI - Beasley Broadcast G... Stock Analysis | Stock Taper
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Beasley Broadcast Group, Inc.

BBGI

Beasley Broadcast Group, Inc. NASDAQ
$4.08 -2.86% (-0.12)

Market Cap $7.36 M
52w High $26.37
52w Low $3.67
Dividend Yield 0.52%
Frequency Quarterly
P/E -0.86
Volume 11.55K
Outstanding Shares 1.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $50.98M $3.9M $-3.56M -6.98% $-1.97 $885.34K
Q2-2025 $53M $50.11M $-154.18K -0.29% $-0.09 $5.08M
Q1-2025 $48.91M $4.02M $-2.69M -5.5% $-1.5 $749.23K
Q4-2024 $67.29M $59.7M $-2.06M -3.06% $-1.17 $3.63M
Q3-2024 $58.19M $56.95M $-3.56M -6.12% $-2.33 $2.95M

What's going well?

The company managed to get a tax benefit this quarter, which slightly cushioned the loss. Share count is stable, so dilution isn't a problem for shareholders.

What's concerning?

Revenue is falling, costs are high, and the company swung from a small loss to a much larger one. Interest expenses are heavy, and margins have collapsed, raising concerns about ongoing profitability.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $14.34M $534.57M $393.55M $141.02M
Q2-2025 $13.72M $548.04M $403.51M $144.52M
Q1-2025 $12.24M $539.26M $394.64M $144.62M
Q4-2024 $13.77M $549.21M $401.99M $147.22M
Q3-2024 $27.8M $571.48M $425.65M $145.83M

What's financially strong about this company?

Most assets are tangible and high-quality, with almost no goodwill risk. Debt is being paid down, and customers are paying faster, which helps cash flow.

What are the financial risks or weaknesses?

Debt is high compared to equity, and cash is limited, so there's not much cushion if business slows down. Equity and total assets both declined this quarter.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.56M $-4.89M $5.51M $0 $613.08K $0
Q2-2025 $-154.18K $3.05M $-573.17K $-992.94K $1.49M $2.48M
Q1-2025 $-2.69M $-3.47M $1.95M $-9.11K $-1.54M $-4.27M
Q4-2024 $-2.06M $-1.47M $922.34K $-13.48M $-14.03M $-1.86M
Q3-2024 $-3.56M $-4.8M $-642.19K $-52.65K $-5.49M $-5.44M

What's strong about this company's cash flow?

The company still has $14.3 million in cash and is not relying on outside financing. A one-time gain from investing activities boosted cash this quarter.

What are the cash flow concerns?

Operations are now burning cash after being positive last quarter, and free cash flow has disappeared. If this continues, the company may need to raise money or cut spending.

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

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Beasley Broadcast Group, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

The company’s main strengths are a relatively resilient revenue base, improving operating performance in the most recent year, and a meaningful presence in multiple local markets with established brands and advertiser relationships. There has been some absolute reduction in debt, and digital revenue is becoming a more important and higher‑margin part of the business. Its willingness to adapt—through digital advertising offerings, enhanced in‑car experiences, and integrated marketing solutions—shows strategic awareness of how the industry is changing.

! Risks

Key risks include a long history of net losses, persistent negative free cash flow, and a balance sheet that has weakened over time, with lower cash, higher leverage relative to equity, and thinner liquidity. The company operates in a structurally challenged industry facing ongoing shifts in audience behavior and advertiser preferences toward digital platforms with strong data capabilities. High debt levels and limited financial flexibility heighten the impact of any downturn in advertising demand or execution missteps in its digital strategy.

Outlook

The outlook hinges on whether Beasley can translate its local strengths and digital initiatives into consistent profitability and positive cash flow before financial pressures become too acute. The recent rebound in operating performance is a constructive sign, but it comes after several difficult years and against a backdrop of declining asset base and tighter liquidity. If the company can continue growing higher‑margin digital revenue, manage costs, and gradually reduce leverage, its position could stabilize; if not, the combination of industry headwinds and financial strain will keep its future path uncertain.