← Townsquare Media, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $23.1m ($11.2m) ($32.9m) ($67.8m) ($82.5m) $16.7m $12.3m ($45.0m) ($12.7m) ($11.5m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $23.3m ($10.3m) ($31.6m) ($65.7m) ($80.6m) $18.8m $14.4m ($43.0m) ($10.9m) ($9.8m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — ($59.6m) ($82.5m) — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — ($8.9m) ($494k) ($57.5m) ($80.6m) — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — ($1.4m) ($31.1m) ($8.2m) $0 — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $234k $912k $1.4m $2.1m $1.9m $2.0m $2.1m $1.9m $1.8m $1.8m
Depreciation, Depletion and Amortization $20.0m $22.7m $19.0m $25.8m $20.1m $19.1m $19.0m $19.2m $19.7m $18.4m
Amortization of Debt Issuance Costs $1.6m $1.6m $1.5m $1.4m $1.6m $1.7m $1.9m $2.1m $2.1m $1.1m
Amortization of Debt Issuance Costs and Discounts — — — — — — $1.9m $2.1m $2.1m $4.6m
Amortization of Intangible Assets $4.0m $3.0m $1.6m $900k $1.0m $1.1m $6.2m $7.3m $7.3m $3.6m
Depreciation $20.0m $22.7m $17.4m $27.0m $19.1m $18.0m $17.1m $16.7m $17.2m $16.3m
Deferred Income Tax Expense (Benefit) $15.9m ($13.8m) $699k ($15.0m) ($24.2m) $9.8m ($1.3m) ($6.9m) $644k $4.3m
Share-based Payment Arrangement, Noncash Expense $4.3m $748k $1.6m $2.6m $2.1m $3.7m $3.8m $8.0m $17.2m $13.8m
Goodwill, Impairment Loss — $48.9m $12.5m $69.0m $0 — — $4.2m $4.4m $5.3m
Share-based Payment Arrangement, Expense — — — — — — — $500k $1.0m $400k
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — $600k $0 $0 $1.2m $14.5m $2.0m $0
Goodwill and Intangible Asset Impairment $0 $51.8m $32.4m $108.7m $109.1m $1.9m $31.1m $90.6m $37.7m $8.9m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — $771k $19.9m $39.4m — — $31.1m $90.6m $37.7m $8.9m
Operating Lease, Impairment Loss — — — — — — — $600k $300k $0
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — — — $800k —
Gain (Loss) on Extinguishment of Debt $546k $0 — — — — — — $46k $1.2m
Gain (Loss) on Disposition of Assets ($282k) ($397k) $415k ($92k) ($83k) ($601k) $275k ($170k) $765k $8.8m
Income Tax Expense (Benefit) $17.0m ($13.0m) $1.6m ($14.6m) ($23.9m) $10.4m ($564k) ($6.1m) $1.3m $4.7m
Interest Expense Nonoperating — — — — — — — — $36.2m —
Other Nonoperating Income (Expense) $665k ($288k) ($167k) ($1.1m) $820k $500k ($2.0m) $6.0m $5.0m ($94k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $5.8m $864k $1.2m $6.4m ($171k) $3.1m $7.2m $3.9m $5.0m ($3.2m)
Increase (Decrease) in Accounts Payable ($2.5m) $669k ($3.3m) $2.4m ($5.1m) ($3.4m) ($1.6m) $982k ($751k) $2.5m
Accounts Receivable, Credit Loss Expense (Reversal) $1.9m $2.2m $4.7m $1.6m $7.0m $3.9m $3.0m $4.3m $4.7m $6.0m
Proceeds from Stock Options Exercised $0 — — $0 $49k $11.9m $790k $6.8m $7.9m $853k
Equity Securities, FV-NI, Gain (Loss) — — ($5.0m) — — — — — — —
General and Administrative Expense $25.4m $25.8m $27.2m $28.6m $26.9m $24.5m $24.4m $25.0m $23.8m $21.0m
Goodwill $293.0m $243.0m $240.6m $157.9m $157.9m $157.9m $161.4m $157.3m $152.9m $147.6m
Payments of Financing Costs $0 $526k $2k $571k $0 $9.2m $0 — — $4.7m
Provision for Loan, Lease, and Other Losses — — — — — — — $4.3m $4.7m $6.0m
Unrealized Gain (Loss) on Investments — — — — — $132k ($2.1m) ($388k) $202k $0
Net Cash Provided by (Used in) Operating Activities $59.8m $50.7m $36.6m $40.0m $31.5m $61.1m $50.2m $67.8m $48.7m $30.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $20.9m $22.8m $18.1m $19.7m $14.9m $12.4m $15.8m $15.0m $17.4m $15.2m
Payments to Acquire Businesses, Net of Cash Acquired $2.2m $5.5m $24.8m $787k — — $18.5m $0 — —
Payments to Acquire Investments — $857k $0 $0 $400k $278k $0 — — —
Net Cash Provided by (Used in) Investing Activities ($21.0m) ($28.9m) ($18.3m) ($5.9m) ($14.0m) ($10.6m) ($37.8m) ($3.6m) ($9.9m) ($4.5m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock — — — $400k $0 $1.4m $225k $16.6m $23.6m $0
Proceeds from Noncontrolling Interests — — $0 $1.5m $0 — — — — —
Dividends paid — — $6.2m — — — — — — —
Payments of Dividends — — $6.2m — — — — — — —
Dividends Payable — — $2.2m — — — — — $3.4m $3.8m
Net Cash Provided by (Used in) Financing Activities ($19.7m) ($8.0m) ($18.1m) ($10.3m) ($18.9m) ($83.2m) ($19.5m) ($46.6m) ($67.4m) ($54.3m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $14.5m ($646k) $0 ($1.4m) ($32.7m) ($7.1m) $17.6m ($28.6m) ($28.2m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $14.5m ($646k) $23.8m ($1.4m) ($32.7m) ($7.1m) $17.6m ($28.6m) ($28.2m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $14.5m ($646k) $85.2m $83.7m $51.0m $43.9m $61.5m $33.0m $4.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $34.0m $33.5m $28.5m $28.7m $38.6m $37.5m $35.8m $51.9m
Income Taxes Paid, Net $1.9m $3.2m $1.2m $818k $1.6m $595k $1.2m $1.4m $1.1m $561k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.