BBGI BEASLEY BROADCAST GROUP INC

Overview and Growth

In fiscal 2025, BEASLEY BROADCAST GROUP INC recorded $205.94M of revenue, net loss of $196.55M, and an operating cash outflow of $8.47M. At $205.94M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 14.3% from $240.29M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. On a per-share basis, diluted EPS was -$109.27, which connects the reported earnings outcome with the company’s diluted share count. At period end, total assets were $299.29M, framing the scale of the company’s operating and financing commitments. Revenue equaled 0.69x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The company recorded an operating loss of $229.67M after the reported operating expense base. An operating margin of -111.5% reflected costs exceeding revenue-level gross profit by 111.5% of sales. The bottom-line result was a net loss of $196.55M after operating, financing, tax, and other recognized items. The net loss equaled 95.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was negative $223.34M, showing a deficit before interest, taxes, depreciation, and amortization. The pretax result was a loss of $241.22M, establishing the deficit before tax effects. Pretax margin was -117.1%, reflecting a pre-tax loss equal to 117.1% of revenue. An income-tax benefit of $44.66M improved the final result relative to pretax income or loss. The loss-to-assets relationship was 65.7%, placing the bottom-line deficit against the company’s resource base. The net loss widened to $196.55M from $5.89M in fiscal 2024.

Liquidity and Capital Structure

The company held $299.29M of assets against $348.62M of liabilities and -$49.33M of equity, revealing how the asset base was financed. With total equity at -$49.33M, the company carried a negative book-capital position, increasing its reliance on liabilities and future earnings. Current assets were $60.46M against $60.23M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.0x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $9.94M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 16.5% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $238.08M, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-assets relationship was 79.5%, comparing borrowing with the total asset balance. The equity-to-assets relationship was -16.5%, placing book capital against the total resource base. Relative to total assets, liabilities measured 116.5%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 3.3% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $549.21M in fiscal 2024, the current asset base moved 45.5% and finished lower. Book equity was 133.5% lower than fiscal 2024 equity of $147.22M, showing how shareholder capital changed year over year. Compared with $13.77M in fiscal 2024, the current cash balance moved 27.9% and finished lower.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $8.47M, rather than cash generation from operations. Capital spending of $4.84M added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $13.30M cash deficit after capital spending for the period. The free-cash-flow deficit equaled 6.5% of revenue, showing the post-investment cash shortfall relative to sales. Relative to total assets, the post-investment cash deficit measured 4.4%.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.