← URBAN ONE, 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 ($423k) $111.9m $141.0m $925k ($8.1m) $38.4m $37.3m $2.0m ($105.4m) ($146.9m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $716k $112.5m $142.2m $2.1m ($6.6m) $40.7m $40.0m $4.6m ($104.2m) ($146.9m)
Net Income (Loss) Attributable to Noncontrolling Interest $1.1m $575k $1.2m $1.1m $1.5m $2.3m $2.6m $2.5m $1.2m ($10k)
Depreciation, Depletion and Amortization $34.2m $34.0m $33.2m $17.0m $9.7m $9.3m $10.0m $7.1m $7.7m $18.1m
Amortization of Debt Issuance Costs $5.3m $3.6m $2.9m $3.9m $4.5m $2.3m $2.0m $2.1m $1.9m $1.7m
Amortization of Intangible Assets $26.2m $26.9m $26.7m $10.9m $3.9m $3.7m $3.7m $1.1m $200k $11.6m
Depreciation $34.2m $34.0m $33.2m $17.0m $9.7m $9.3m $6.4m $6k $7.5m $6.4m
Deferred Income Tax Expense (Benefit) $9.1m ($124.1m) ($139.2m) $10.3m ($34.6m) $12.5m $14.9m $5.1m $8.4m ($17.6m)
Share-based Payment Arrangement, Noncash Expense $3.4m $4.6m $4.7m $4.8m $2.3m $565k $6.6m $10.0m $5.7m $1.9m
Goodwill, Impairment Loss $0 $0 $17.4m $5.8m $15.9m $0 $7.2m $0 $20.2m $64.0m
Share-based Payment Arrangement, Expense — — — — — — — — $5.7m $1.9m
Goodwill and Intangible Asset Impairment — — — — — — $40.7m $129.3m $151.8m $191.8m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — $3.9m $4.8m — — $40.7m $129.3m $20.2m $127.8m
Gain (Loss) on Extinguishment of Debt $2.6m ($5.2m) ($1.8m) $0 ($2.9m) ($6.9m) $6.7m $2.4m $23.3m $44.0m
Income Tax Expense (Benefit) $9.6m ($123.2m) ($138.8m) $10.9m ($34.5m) $13.6m $16.7m $7.9m $9.8m ($16.0m)
Interest Expense Nonoperating — — — — — — — — $48.6m $38.8m
Other Nonoperating Income (Expense) $928k $6.6m $8.0m $7.1m $4.5m $8.1m $16.1m $96.1m $896k ($463k)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions — — — — — — — $200k — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($833k) $7.2m $1.4m ($4.2m) $1.5m $22.7m $16.9m ($8.7m) ($19.0m) ($22.0m)
Increase (Decrease) in Accounts Payable ($909k) $572k ($796k) ($1.4m) $5.2m $3.5m $1.1m $2.4m ($305k) ($7.7m)
Increase (Decrease) in Other Operating Assets ($572k) ($1.1m) ($788k) $5.7m $9.8m $13.7m ($1.0m) ($555k) $4.4m $244k
Accounts Receivable, Credit Loss Expense (Reversal) — — — — $1.4m $1.6m $1.4m $2.6m ($355k) $3.1m
Proceeds from Stock Options Exercised $0 — $94k $29k $2.0m $397k $50k — — —
Deconsolidation, Gain (Loss), Amount — — — — — — — ($188k) — —
General and Administrative Expense — — — — — — — — $94.0m —
Goodwill $258.3m $262.9m $245.6m $239.8m $223.4m $223.4m $216.6m $216.6m $196.4m $132.4m
Investment Income, Interest $214k $200k $240k $150k $213k $218k $939k $7.0m $6.0m $2.5m
Operating Expenses $368.1m $387.3m $365.5m $349.8m $344.7m $322.9m $389.9m $509.3m $525.3m $544.5m
Payments of Financing Costs $421k $8.9m $7.4m $0 $3.5m — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — — $436.9m $376.3m $441.5m $484.6m $477.7m $449.7m $374.4m
Net Cash Provided by (Used in) Operating Activities $48.2m $28.3m $50.2m $58.5m $73.9m $80.2m $67.1m $64.6m $37.5m $4.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.2m $7.4m $4.4m $5.1m $3.8m $6.3m $6.8m $7.7m $7.2m $10.1m
Payments to Acquire Businesses, Net of Cash Acquired — $2.0m $4.8m $0 $475k $0 $25.0m $27.5m $250k $250k
Payments to Acquire Investments $35.0m $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($42.2m) $12.6m $3.2m $8.4m ($3.4m) $1.7m ($28.7m) $95.4m ($1.6m) ($10.3m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 — — — — — — — — $60.0m
Repayments of Long-term Debt — — — — — — — $22.3m $115.6m —
Proceeds from Issuance of Common Stock — — — — $14.7m $33.3m $0 — — —
Payments for Repurchase of Common Stock $3.6m $5.0m $8.2m $5.5m $3.6m $970k $26.5m $1.6m $8.1m $2.8m
Net Cash Provided by (Used in) Financing Activities ($26.7m) ($49.8m) ($75.3m) ($49.2m) ($30.1m) ($3.5m) ($95.2m) ($28.3m) ($131.8m) ($105.1m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($20.6m) ($9.0m) ($21.9m) $17.7m $40.3m $78.4m ($56.8m) $131.7m ($96.0m) ($111.2m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($20.6m) $37.8m $15.9m $33.5m $73.9m $152.2m $95.4m $233.6m $137.6m $26.4m
Cash, Cash Equivalents, and Short-term Investments $46.8m — — — — — — — — —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $77.0m $77.1m $82.3m $73.3m $68.9m $45.8m $62.0m $54.8m $50.7m $54.0m
Income Taxes Paid, Net — — — — — $1.1m $2.1m $2.0m $2.5m $82k

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