Beasley Broadcast Group IncBBGI
What Beasley Broadcast Group Inc does.
We are a multi-platform media company whose primary business is operating radio stations throughout the United States. We offer local and national advertisers integrated marketing solutions across audio, digital and event platforms. We own and operate stations in the following markets: Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, and Tampa-Saint Petersburg, FL. We refer to each group of stations in each market as a market cluster. Beasley Broadcast Group, Inc., a Delaware corporation, was formed in 1999. Unless the context otherwise requires, all references in this report to “the Company,” “we,” “us” or “our” are to Beasley Broadcast Group, Inc. and its subsidiaries.
We seek to secure and maintain a leadership position in the markets we serve by developing high quality local content, through our audio and digital platforms, including events and experiences in the communities we serve and, in turn, offer advertisers access to a highly effective marketing platform to reach large and targeted local audiences. We operate our stations in clusters to capture a variety of demographic listener groups, which we believe enhances our stations’ appeal to a wide range of advertisers. Current rules and regulations of the Federal Communications Commission (“FCC”) do not permit us to add more AM or FM stations to our Philadelphia, PA market cluster, or more FM stations to our Augusta, GA, Boston, MA, Charlotte, NC, Fayetteville, NC, and Las Vegas, NV market clusters.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $206.1M | $241.4M | $256.4M | $247.1M | $240.3M | $205.9M |
| Net income | -$18.9M | -$1.5M | -$42.1M | -$75.1M | -$5.9M | -$196.5M |
| Free cash flow | -$3.3M | -$6.4M | -$2.2M | -$8.9M | -$6.7M | -$13.3M |
More on BBGI.
- Beasley Broadcast Group Inc summary
- Beasley Broadcast Group Inc financial statements
- Beasley Broadcast Group Inc key metrics
- Beasley Broadcast Group Inc health scores and style box
- Beasley Broadcast Group Inc earnings
- Beasley Broadcast Group Inc dividends
- Beasley Broadcast Group Inc valuation
- Beasley Broadcast Group Inc ownership and insiders
- Beasley Broadcast Group Inc peers
Figures from Beasley Broadcast Group Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.