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
Total Revenue $456.2m $440.0m $439.1m $436.9m $376.3m $441.5m $484.6m $477.7m $449.7m $374.4m
Revenue from Contract with Customer, Including Assessed Tax $456.2m $440.0m $439.1m $436.9m $376.3m $441.5m $484.6m $477.7m $449.7m $374.4m
Cost of Revenue $134.0m $130.4m $125.4m $349.8m $344.7m $322.9m $389.9m $139.4m $131.2m $109.3m
Operating Expenses $368.1m $387.3m $365.5m $349.8m $344.7m $322.9m $389.9m $509.3m $525.3m $544.5m
Operating Income (Loss) $88.1m $52.7m $73.6m $87.1m $31.6m $118.5m $94.7m ($31.6m) ($75.6m) ($170.1m)
Additional Financial Items
Goodwill, Impairment Loss $0 $0 $17.4m $5.8m $15.9m $0 $7.2m $0 $20.2m $64.0m
Amortization of Intangible Assets $26.2m $26.9m $26.7m $10.9m $3.9m $3.7m $3.7m $1.1m $200k $11.6m
Income (Loss) from Continuing Operations, Per Basic Share $0 $2 $0 $0 ($0) $1 $1 $0 ($2) ($33)
Income (Loss) from Continuing Operations, Per Diluted Share $0 $2 $3 $0 ($0) $1 $1 $0 ($2) ($33)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $10.3m ($10.7m) $3.4m $12.9m ($41.0m) $54.2m $56.7m $17.6m ($94.0m) ($162.9m)
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) Attributable to Noncontrolling Interest $1.1m $575k $1.2m $1.1m $1.5m $2.3m $2.6m $2.5m $1.2m ($10k)
Earnings Per Share, Basic $0.02 $2.37 $0.03 $0.03 $0.03 $0.76 $0.76 $0.04 ($2.22) ($32.94)
Earnings Per Share, Diluted $0.02 $2.25 $2.94 $0.02 $0.03 $0.71 $0.72 $0.04 ($2.22) ($32.94)
Weighted Average Number of Shares Outstanding, Basic 47.2m 45.6m 44.7m 45.0m 50.2m 48.9m 47.6m 47.4m 4.5m
Weighted Average Number of Shares Outstanding, Diluted 49.6m 48.0m 47.9m 45.0m 54.1m 52.2m 50.2m 47.4m 4.5m
General and Administrative Expense $94.0m
Selling, General and Administrative Expense $147.9m $148.7m $149.7m $152.6m $109.0m $143.2m $160.2m $173.6m $175.0m $209.2m
Other Nonoperating Income (Expense) $928k $6.6m $8.0m $7.1m $4.5m $8.1m $16.1m $96.1m $896k ($463k)
Interest Expense (non-operating) $48.6m $38.8m
Interest Expense $81.6m $79.4m $76.7m $81.4m $74.5m $65.7m $61.8m $56.2m $48.6m $38.8m
Marketing and Advertising Expense $18.1m
Selling and Marketing Expense $130.9m
Income Tax Expense (Benefit) $9.6m ($123.2m) ($138.8m) $10.9m ($34.5m) $13.6m $16.7m $7.9m $9.8m ($16.0m)