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UONEK

Urban One, Inc.

UONEK

Urban One, Inc. • NASDAQ
$0.81 ▼ -1.38% (-0.01)
Market Cap $46.66 M
52w High $1.40
52w Low $0.44
Dividend Yield 0%
P/E -0.28
Volume 17.91K
Outstanding Shares 57.60M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $92.677M ▲ $55.448M ▼ $-2.83M ▲ -3.054% ▲ $-0.06 ▲ $23.939M ▲
Q2-2025 $91.631M ▼ $183.654M ▲ $-77.902M ▼ -85.017% ▼ $-1.74 ▼ $-75.91M ▼
Q1-2025 $92.235M ▼ $59.524M ▼ $-11.742M ▲ -12.731% ▲ $-0.26 ▲ $28.285M ▲
Q4-2024 $117.127M ▲ $83.493M ▼ $-35.658M ▼ -30.444% ▼ $-0.78 ▼ $9.939M ▲
Q3-2024 $110.393M $102.67M $-31.798M -28.804% $-0.68 $1.299M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $79.81M ▼ $723.476M ▼ $642.058M ▼ $78.832M ▼
Q2-2025 $85.732M ▼ $729.227M ▼ $644.468M ▼ $82.182M ▼
Q1-2025 $115.084M ▼ $890.551M ▼ $727.595M ▼ $159.238M ▼
Q4-2024 $137.09M ▲ $944.79M ▼ $765.857M ▲ $170.945M ▼
Q3-2024 $115.006M $962.603M $747.203M $204.764M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.83M ▲ $-161K ▼ $-3.1M ▼ $-3.146M ▲ $-6.407M ▲ $-3.261M ▼
Q2-2025 $-77.969M ▼ $6.205M ▲ $-1.668M ▲ $-33.888M ▼ $-29.351M ▼ $4.987M ▲
Q1-2025 $-11.739M ▲ $2.085M ▼ $-2.547M ▼ $-21.544M ▼ $-22.006M ▼ $-462K ▼
Q4-2024 $-35.419M ▼ $35.618M ▲ $59K ▲ $-13.592M ▲ $22.085M ▲ $33.814M ▲
Q3-2024 $-31.398M $-1.825M $-1.383M $-13.675M $-16.883M $-3.458M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Cable Television Advertising
Cable Television Advertising
 $40.00M ▲$30.00M ▼$20.00M ▼$20.00M ▲
Cable Television Affiliate Fees
Cable Television Affiliate Fees
 $40.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Digital Advertising
Digital Advertising
 $30.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲
Event Revenues Other
Event Revenues Other
 $20.00M ▲$0 ▼$0 ▲$0 ▲
Political Advertising
Political Advertising
 $20.00M ▲$0 ▼$0 ▲$0 ▲
Radio Advertising
Radio Advertising
 $90.00M ▲$40.00M ▼$40.00M ▲$40.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Urban One’s revenue has been fairly steady over the past few years, but earnings quality has weakened recently. The company still earns a healthy spread between what it brings in and its direct operating costs, yet higher overhead, content and other operating expenses have pushed operating results into loss territory in the last two years. Profitability was better earlier in the period, with modest profits, but has slipped into net losses more recently. Overall, the pattern is of a stable top line but a more volatile bottom line, suggesting pressure on costs, interest, or one‑time charges that are weighing on reported earnings.

Balance Sheet

Balance Sheet The balance sheet shows a business that is asset‑heavy and meaningfully leveraged. Debt remains high relative to the company’s equity, even though both total assets and total debt have come down somewhat from earlier peaks. Equity had been building but has recently shrunk, consistent with weaker profitability. Cash on hand has moved around, improving at one point and then falling back, which indicates limited financial cushion. In plain terms, Urban One is still carrying a lot of debt for its size and does not have an especially thick capital buffer, so balance sheet strength is serviceable but not robust.

Cash Flow

Cash Flow Despite earnings volatility, Urban One has consistently generated positive operating cash flow, which is an important strength. The business has also managed to keep capital spending relatively modest, allowing it to produce positive free cash flow year after year. That said, the cash flow surplus is not large, leaving less room for error if advertising conditions worsen or debt costs rise. The picture is of a company that can fund its ongoing needs and some investment from its own cash generation, but that must still be careful with liquidity and leverage.

Competitive Edge

Competitive Edge Urban One’s competitive position rests on focus and cultural relevance rather than sheer scale. It has a long history as a leading Black‑owned media group with deep roots in the communities it serves. Its radio stations, cable networks, digital properties, and syndicated shows give it broad reach into Black audiences across multiple platforms, and its on‑air personalities and brands are well known and trusted. This creates strong loyalty from both listeners and advertisers who specifically want to reach this audience. The main challenge is that traditional broadcasting is a tough, slowly shrinking arena, with intense competition from streaming platforms and social media for both attention and ad dollars. Even so, Urban One’s niche and multi‑platform approach form a defensible, if not unassailable, moat.

Innovation and R&D

Innovation and R&D Urban One’s “innovation” is less about lab research and more about how it evolves its media and entertainment offerings. The company has leaned into digital with its iOne Digital division, podcast network, and a renewed emphasis on video‑first content tailored to Black audiences. It uses data‑driven advertising tools to better match advertisers with specific audience segments. More recently, management has pivoted away from building a physical casino and toward online gaming opportunities, which is a more asset‑light and potentially scalable direction but also depends on regulatory approvals. The company is also experimenting beyond its core by adding Spanish‑language programming in select markets. Overall, Urban One is actively trying to modernize its revenue mix and extend its cultural brands into new formats and demographics, though execution and regulatory risk remain.

Summary

Urban One is a niche media company with a strong cultural brand and fairly stable revenue, but with earnings that have become more uneven and a balance sheet that still carries meaningful debt. Its ability to generate steady, if modest, free cash flow is a positive, yet leaves limited room for major missteps or prolonged downturns in advertising. The company’s real strength lies in its deep connection with Black audiences and its integrated portfolio spanning radio, TV, digital content, and syndication. Strategically, management is pushing into digital media, podcasts, data‑driven advertising, and iGaming, and is experimenting with Spanish‑language content to broaden its reach. The key uncertainties center on how well it can manage debt, restore more reliable profitability, and successfully execute its digital and gaming pivots in a rapidly changing media landscape.

NEWS

November 14, 2025 · 4:05 PM UTC

URBAN ONE, INC. ANNOUNCES OFFERS AND CONSENT SOLICITATION

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October 14, 2025 · 4:36 PM UTC

Urban One, Inc. Third Quarter 2025 Results Conference Call

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