CUMULUS MEDIA INC (CMLSQ)
Cumulus Media Inc. is a leading audio media enterprise, established in 2002 and headquartered in Atlanta, Georgia. The company manages an extensive network of radio broadcasting outlets throughout the United States, reaching diverse markets directly and extending its footprint through partnerships, notably via Westwood One. Its broad programming slate spans genres such as sports, news, talk shows, and entertainment. This content is sourced from a multitude of prominent brands and partners, including major entities like the NFL, NCAA, The Masters, CNN, Infinity Sports Network, AP News, and the Academy of Country Music Awards. Beyond its core broadcasting activities, Cumulus Media provides a comprehensive suite of digital marketing solutions. These offerings encompass email campaigns, geo-targeted display advertising, video content solutions, search engine optimization and marketing, website development and hosting, social media management, and online reputation oversight. Additionally, it offers influencer collaboration services, specialized audio solutions, market research and insights, and live event management. Advertisers can leverage Cumulus Media's extensive platforms, connecting with audiences through traditional broadcast radio, on-demand digital streaming, mobile applications, social media channels, and voice-activated technologies. A significant development occurred on March 5, 2026, when Cumulus Media Inc., along with its subsidiaries, initiated voluntary Chapter 11 bankruptcy proceedings for reorganization. This filing took place in the U.S. Bankruptcy Court for the Southern District of Texas.
Sector: Radio Broadcasting Stations
Industry: Broadcasting
Cumulus Media Inc.
OTC:CMLSQCommunication Services · Broadcasting
Mkt Cap$198K
Float16.04M
O/S17.67M
Inst Own-
SI0.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$741.7M
Net Income-$200.7M
Total Assets$940.96M
Free Cash Flow-$41.57M
Debt & Equity
Debt 129%
Total Debt$842.24M
Total Equity-$191.52M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CMLSQ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$940.96M
Liabilities$1.13B
Accounts Receivable$141.39M
Accounts Payable$17.06M
Inventory$0
PP&E (Net)$224.48M
Goodwill$0
Intangible Assets$467.69M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Revenue | $741.7M | $827.08M | $844.55M | $953.51M | $916.47M | $816.22M | $1.11B | $1.14B | $1.14B | $1.14B | $1.17B | $1.26B | $1.03B | $1B | $549.54M | $236.64M | $256.05M | $311.54M | $328.33M | $334.32M | $327.76M | $320.13M | $281.97M | $252.6M | $201.33M | $225.91M | $180.02M | $98.8M |
| YoY Growth | -10.3% | -2.1% | -11.4% | 4.0% | 12.3% | -26.7% | -2.4% | 0.4% | -0.5% | -2.3% | -7.5% | 23.1% | 2.4% | 82.4% | 132.2% | -7.6% | -17.8% | -5.1% | -1.8% | 2.0% | 2.4% | 13.5% | 11.6% | 25.5% | -10.9% | 25.5% | 82.2% | - |
| Cost of Revenue | $271.34M | $324.25M | $333.36M | $357.48M | $358.69M | $337.08M | $405.65M | $458.88M | $420.1M | $441.7M | $498.53M | $904.04M | $264.87M | $626.35M | $385.91M | $168.91M | $176.21M | $215.33M | $225.21M | $214.09M | $225.96M | $202.44M | $179.54M | $159.77M | $142.36M | $191.34M | $136.32M | $74.6M |
| Gross Profit | $470.35M | $502.83M | $511.19M | $596.03M | $557.78M | $479.14M | $707.79M | $733.31M | $715.57M | $699.7M | $670.15M | $359.39M | $761.27M | $375.92M | $163.63M | $94.43M | $79.84M | $96.2M | $103.12M | $120.23M | $101.79M | $117.69M | $102.44M | $92.83M | $59.73M | $34.58M | $43.7M | $24.2M |
| Gross Margin | 63.4% | 60.8% | 60.5% | 62.5% | 60.9% | 58.7% | 63.6% | 64.3% | 63.0% | 61.3% | 57.3% | 28.4% | 74.2% | 37.5% | 29.8% | 39.9% | 31.2% | 30.9% | 31.4% | 36.0% | 31.1% | 36.8% | 36.3% | 36.8% | 29.7% | 15.3% | 24.3% | 24.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $378.06M | $443.63M | $429.36M | $389.65M | $452.73M | $420.04M | $522.71M | $507.06M | $541.25M | $524.05M | $544.22M | $546.87M | $55.65M | $60.99M | $93.29M | $20.57M | $23.03M | $19.96M | $26.81M | $41.98M | $20.17M | $18.26M | $15.46M | $15.25M | $18M | $23.06M | $8.2M | $5.6M |
| Other | $230.43M | $298.86M | $123.11M | $126.59M | $35.93M | $69.7M | $18.88M | $70.02M | $384.76M | $584.43M | $696.42M | -$347.97M | $514.54M | $261.46M | -$54.3M | $0 | $0 | $0 | $0 | $78.3M | $285.32M | $21.17M | $19.45M | $15.89M | $57.37M | $60.23M | $33.74M | $17.2M |
| Total Operating Expenses | $608.49M | $742.5M | $552.47M | $516.24M | $488.66M | $489.74M | $541.59M | $577.08M | $926.01M | $1.11B | $1.24B | $198.9M | $570.18M | $322.45M | $38.99M | $20.57M | $23.03M | $19.96M | $26.81M | $120.27M | $305.49M | $39.43M | $34.9M | $31.14M | $75.36M | $83.29M | $41.94M | $22.8M |
| Operating Income (EBIT) | -$138.14M | -$239.66M | -$41.28M | $79.79M | $69.12M | -$10.6M | $166.21M | $156.23M | -$210.45M | -$408.79M | -$478.51M | $161.83M | $187.37M | $211.93M | $124.64M | $73.86M | $56.8M | $76.25M | $76.31M | -$39K | -$203.48M | $78.37M | $67.87M | -$15.63M | -$15.63M | -$48.71M | $1.76M | $1.4M |
| Operating Margin | -18.6% | -29.0% | -4.9% | 8.4% | 7.5% | -1.3% | 14.9% | 13.7% | -18.5% | -35.8% | -40.9% | 12.8% | 18.3% | 21.1% | 22.7% | 31.2% | 22.2% | 24.5% | 23.2% | -0.0% | -62.1% | 24.5% | 24.1% | -6.2% | -7.8% | -21.6% | 1.0% | 1.4% |
| Interest Expense | $70.07M | $68.78M | $71.27M | $64.89M | $67.85M | $68.1M | $82.92M | $50.98M | $126.95M | $138.63M | $141.68M | $145.53M | $178.27M | $199.24M | $87.39M | $27.48M | $34.19M | $34.8M | $54.45M | $0 | $23.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $6.9M | $531K | $2.36M | $340K | $0 | $0 | $25K | $86K | $136K | $493K | $433K | $1.39M | $1.29M | $946K | $399K | $8K | $61K | $988K | $1.53M | $0 | $1.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$64.34M | -$53.35M | -$59.42M | -$60.18M | -$48.86M | -$68.37M | -$82.69M | $412.14M | -$159.84M | -$128.09M | -$113.82M | -$139.81M | -$212.22M | -$330.66M | -$122.08M | -$40.67M | -$206.11M | -$533.61M | -$288.68M | -$45.15M | -$23.92M | -$22.45M | -$89.41M | -$29.17M | -$18.42M | $47.23M | -$22.25M | -$13.2M |
| Income Before Tax (EBT) | -$202.48M | -$293.02M | -$100.7M | $19.61M | $20.26M | -$78.97M | $83.52M | $568.37M | -$370.29M | -$536.87M | -$592.33M | $22.02M | -$24.85M | -$118.73M | $2.57M | $33.18M | -$149.31M | -$457.36M | -$212.37M | -$45.19M | -$227.4M | $55.92M | -$21.55M | -$44.8M | -$34.05M | -$1.49M | -$20.49M | -$11.8M |
| Income Tax Expense | -$1.78M | -$9.77M | $17.18M | $3.37M | $2.98M | -$19.25M | $22.26M | -$189.21M | -$163.73M | -$26.15M | -$45.84M | $10.25M | -$68.46M | -$26.55M | -$61.29M | $3.78M | -$22.6M | -$117.94M | -$38M | -$5.8M | -$14.04M | $25.55M | $24.68M | $76.36M | -$3.49M | $812K | -$6.87M | $100K |
| Net Income | -$200.7M | -$283.25M | -$117.88M | $16.23M | $17.28M | -$59.72M | $61.26M | $757.58M | -$206.56M | -$510.72M | -$546.49M | $11.77M | $176.08M | -$32.73M | $63.86M | $29.4M | -$126.7M | -$361.67M | -$223.8M | -$44.59M | -$213.37M | $30.37M | $5.04M | -$92.75M | -$30.55M | -$2.3M | -$13.62M | -$13.7M |
| Net Income Margin | -27.1% | -34.2% | -14.0% | 1.7% | 1.9% | -7.3% | 5.5% | 66.4% | -18.2% | -44.7% | -46.8% | 0.9% | 17.2% | -3.3% | 11.6% | 12.4% | -49.5% | -116.1% | -68.2% | -13.3% | -65.1% | 9.5% | 1.8% | -36.7% | -15.2% | -1.0% | -7.6% | -13.9% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | -11.55 | -16.79 | -6.83 | 0.83 | 0.84 | -2.94 | 3.04 | 45.76 | -7.05 | -17.45 | -18.73 | 0.40 | 1.17 | -2.66 | 6.40 | 5.60 | -25.07 | -68.38 | -41.46 | -7.02 | -25.36 | 3.52 | 0.40 | -17.60 | -10.96 | -3.92 | -12.00 | -12.40 |
| Diluted EPS | -11.55 | -16.79 | -6.83 | 0.81 | 0.83 | -2.94 | 3.02 | 45.76 | -7.05 | -17.45 | -18.73 | 0.40 | 4.80 | -2.66 | 6.40 | 5.52 | -25.07 | -68.38 | -41.46 | -7.02 | -25.36 | 3.52 | 0.40 | -17.60 | -10.96 | -3.92 | -12.00 | -12.40 |
| Weighted Average OS | 17.38M | 16.87M | 17.27M | 19.56M | 20.48M | 20.32M | 20.13M | 16.56M | 29.30M | 29.27M | 29.18M | 28.27M | 40.84M | 20.25M | 8.86M | 5.04M | 5.05M | 5.29M | 5.40M | 6.35M | 8.36M | 8.63M | 8.04M | 6.81M | 4.41M | 4.38M | 3.12M | 2.20M |
| EBITDA | -$78.07M | $59.2M | $81.83M | $158.4M | $138.13M | $37.02M | $236.73M | $226.24M | -$181.1M | -$310.97M | -$348.55M | $282.8M | $270.37M | $223.82M | $142.27M | $69.75M | -$114.65M | -$410.05M | -$144.76M | $17.58M | -$182.17M | $99.64M | $87.38M | $78.99M | $43.91M | $13.29M | $35.5M | $18.6M |
| EBITDA Margin | -10.5% | 7.2% | 9.7% | 16.6% | 15.1% | 4.5% | 21.3% | 19.8% | -15.9% | -27.2% | -29.8% | 22.4% | 26.3% | 22.3% | 25.9% | 29.5% | -44.8% | -131.6% | -44.1% | 5.3% | -55.6% | 31.1% | 31.0% | 31.3% | 21.8% | 5.9% | 19.7% | 18.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $81.98M | $63.84M | $80.66M | $107.43M | $177.03M | $271.76M | $15.14M | $27.58M | $102.89M | $131.26M | $31.66M | $7.27M | $32.79M | $88.05M | $30.59M | $12.81M | $16.22M | $53M | $32.29M | $2.39M | $5.12M | $31.96M | $6.72M | $60.38M | $5.31M | $10.98M | $219.58M | $24.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $81.98M | $63.84M | $80.66M | $107.43M | $177.03M | $271.76M | $15.14M | $27.58M | $102.89M | $131.26M | $31.66M | $7.27M | $32.79M | $88.05M | $34.45M | $12.81M | $16.22M | $53M | $32.29M | $2.39M | $5.12M | $31.96M | $6.72M | $60.38M | $5.31M | $10.98M | $219.58M | $24.9M |
| Accounts Receivable | $141.39M | $161.99M | $182.2M | $212.3M | $198.83M | $203.26M | $245.39M | $253.5M | $239.47M | $236.57M | $247.57M | $250.76M | $269.22M | $213.67M | $242.77M | $41.87M | $42.99M | $44.2M | $52.5M | $55.01M | $54.26M | $54.83M | $51.22M | $47.37M | $34.39M | $43.5M | $53.52M | $28.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $88.86M | $82.45M | $9M | $38.17M | $53.14M | $25.06M | $6.15M | $5.92M | $26.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $19.48M | $22.23M | $24.04M | $25.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.36M | $604K | $789K | $0 | $0 | $0 | $154K | $416K | $747K | $14.16M | $19.69M | $0 | $8.35M | $2.7M |
| Total Current Assets | $242.85M | $248.05M | $286.9M | $345.27M | $406.52M | $502.96M | $380.68M | $394.99M | $393.62M | $439.93M | $359.27M | $370.83M | $377.06M | $353.12M | $324.34M | $59.69M | $64.71M | $100.49M | $90.62M | $62.88M | $71.24M | $95.58M | $73.39M | $131.43M | $66.05M | $64.01M | $281.45M | $55.7M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $224.48M | $263.45M | $302.57M | $325.34M | $334.46M | $366.26M | $376.37M | $235.9M | $191.6M | $162.06M | $169.44M | $221.5M | $254.7M | $255.9M | $278.07M | $39.68M | $46.98M | $55.12M | $61.73M | $71.47M | $87.59M | $93.21M | $91.15M | $92.06M | $82.97M | $79.83M | $66.96M | $41.4M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $135.21M | $135.21M | $703.35M | $1.25B | $1.26B | $1.2B | $1.33B | $56.08M | $56.12M | $58.89M | $98.3M | $176.79M | $185.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $467.69M | $595.12M | $837.63M | $923.29M | $962.29M | $969.98M | $994.87M | $1.13B | $1.29B | $1.66B | $1.75B | $1.84B | $1.91B | $1.86B | $2.02B | $160.97M | $161.38M | $325.13M | $783.64M | $934.14M | $1.04B | $1.41B | $1.3B | $1.12B | $791.86M | $763M | $530.05M | $404.2M |
| Long-Term Investments | $0 | $0 | -$12.32M | $0 | $0 | $0 | -$12.38M | -$12.38M | $0 | -$388.05M | -$415.88M | -$507.99M | -$500.51M | -$559.92M | -$556.77M | -$24.73M | -$21.3M | -$44.48M | -$162.89M | -$197.04M | $0 | $0 | -$747K | $0 | -$6.69M | $0 | $0 | $0 |
| Deferred Tax Assets | $42.01M | $0 | $0 | $5.97M | $6.36M | $7.78M | $12.38M | $12.38M | $0 | $388.05M | $415.88M | $507.99M | $500.51M | $559.92M | $556.77M | $24.73M | $21.3M | $44.48M | $162.89M | $197.04M | $0 | $0 | $747K | $0 | $6.69M | $0 | $0 | $0 |
| Other Long-Term Assets | -$36.06M | $12.02M | $25.53M | $9.15M | $7.76M | $12.76M | $9.41M | $15.08M | $20.08M | $18.8M | $40.13M | $58.94M | $70.11M | $77.83M | $87.75M | $3.21M | $4.87M | $3.88M | $26.25M | $87.86M | $20.68M | $18.82M | $13.38M | $14.18M | $24.43M | $48.1M | $39.69M | $16.3M |
| Total Long-Term Assets | $698.11M | $870.6M | $1.15B | $1.26B | $1.31B | $1.36B | $1.38B | $1.38B | $1.63B | $1.97B | $2.67B | $3.37B | $3.49B | $3.39B | $3.72B | $259.94M | $269.35M | $443.03M | $969.92M | $1.27B | $1.34B | $1.52B | $1.4B | $1.22B | $899.27M | $890.92M | $636.7M | $461.9M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $940.96M | $1.12B | $1.44B | $1.61B | $1.72B | $1.86B | $1.76B | $1.78B | $2.03B | $2.41B | $3.02B | $3.75B | $3.87B | $3.74B | $4.04B | $319.64M | $334.06M | $543.52M | $1.06B | $1.33B | $1.41B | $1.62B | $1.48B | $1.36B | $965.32M | $954.93M | $918.16M | $517.6M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $17.06M | $13.01M | $15.89M | $10.96M | $6.64M | $6.79M | $3.18M | $14.27M | $1.93M | $17.29M | $15.87M | $33.18M | $16.53M | $8.47M | $20.92M | $399K | $819K | $2.48M | $1.13M | $2.63M | $29.56M | $2.11M | $21.5M | $45.16M | $50.27M | $43.62M | $26.54M | $19M |
| Short-Term Debt | $23.87M | $0 | $0 | $0 | $34.8M | $5.25M | $5.25M | $13M | $0 | $0 | $0 | $0 | $5.94M | $76.47M | $13.25M | $15.16M | $49.03M | $7.4M | $13.49M | $7.5M | $0 | $40.96M | $27.31M | $5.56M | $770K | $208K | $20K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $294K | $7.61M | $7.38M | $3.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25.55M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6M | $6M | $0 | $98.92M | $0 | $19.97M | $12.82M | $59K | $220K | $249K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $89.55M | $94.45M | $26.7M | $7.24M | -$6.14M | $67.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11.32M | $92.85M | -$8.52M | -$1.23M | $16.88M | $0 | $0 | -$27.63M | $0 | $33K | $458K | $808K | $2.91M | $1.01M | $800K |
| Total Current Liabilities | $157.94M | $133.78M | $143.74M | $145.61M | $139.81M | $129.04M | $139.56M | $116.9M | $36.16M | $100.79M | $122.77M | $155.62M | $156.32M | $195.24M | $178.44M | $42.78M | $68.19M | $28.04M | $37.41M | $38.33M | $29.56M | $60.03M | $48.85M | $51.18M | $51.85M | $46.74M | $27.57M | $19.8M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $694.81M | $669.04M | $672.42M | $714.46M | $798.92M | $967.66M | $1.01B | $1.23B | $2.33B | $2.38B | $2.4B | $2.49B | $2.62B | $2.62B | $2.84B | $575.84M | $584.48M | $688.6M | $722.81M | $743.75M | $569M | $441.14M | $460.03M | $414.7M | $319.25M | $285.02M | $285.23M | $222.7M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | -$112.08M | -$101.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $113.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.17M | $134.49M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $42.01M | $2.33M | $12.32M | $653K | $112.08M | $101.06M | $21.04M | $12.38M | $219.25M | $388.05M | $415.88M | $507.99M | $500.51M | $559.92M | $556.77M | $24.73M | $21.3M | $44.48M | $162.89M | $197.04M | $203.87M | $234.24M | $183.34M | $152.68M | $32.86M | $29.67M | $8.94M | $15.1M |
| Other Long-Term Liabilities | $183.63M | $207.21M | $209.92M | $219.98M | $233.27M | $235.92M | $27.69M | $25.74M | $135.82M | $31.43M | $44.8M | $55.12M | $79.91M | $45.31M | -$2.16B | $17.59M | $32.6M | $30.54M | $18.16M | $17.02M | $17.93M | $4.64M | $1.11M | $1.94M | $2.98M | $1.92M | $1.98M | $1.2M |
| Total Long-Term Liabilities | $974.54M | $977.92M | $1.01B | $1.06B | $1.16B | $1.33B | $1.17B | $1.27B | $2.69B | $2.8B | $2.86B | $3.05B | $3.2B | $3.23B | $3.57B | $618.16M | $638.38M | $763.62M | $903.86M | $957.81M | $790.79M | $680.03M | $644.48M | $583.49M | $489.58M | $316.61M | $296.14M | $239M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.13B | $1.11B | $1.15B | $1.2B | $1.3B | $1.46B | $1.31B | $1.39B | $2.72B | $2.9B | $2.99B | $3.2B | $3.36B | $3.43B | $3.75B | $660.95M | $706.58M | $791.67M | $941.26M | $996.14M | $820.36M | $740.06M | $693.33M | $634.67M | $541.43M | $363.36M | $323.71M | $258.8M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71.87M | $113.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $134.49M | $119.71M | $102.73M | $133.7M |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $321K | $321K | $321K | $2.56M | $2.38M | $1.99M | $1.74M | $660K | $660K | $660K | $659K | $660K | $705K | $699K | $660K | $626K | $359K | $352K | $348K | $0 |
| Retained Earnings | -$505.36M | -$304.66M | -$21.4M | $96.48M | $80.24M | $62.96M | $122.68M | $61.42M | -$2.09B | -$1.89B | -$1.38B | -$830.35M | -$842.12M | -$1.02B | -$985.47M | -$1.05B | -$1.08B | -$952.03M | -$590.36M | -$366.97M | -$323.41M | -$118.68M | -$149.04M | -$154.09M | -$61.33M | -$30.78M | -$25.21M | -$17.3M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$307.03M | $0 | $0 | $0 | -$186.91M | $0 | $0 | -$160.75M | $0 | $828K | $4.8M | $7.03M | $2.41M | -$2.13M | -$4.59M | -$9.98M | -$19.4M | -$9.98M | $0 | -$4M |
| Other Stockholders' Equity | $313.84M | $311.61M | $307.99M | $311.93M | $339.26M | $334.63M | $332.53M | $328.4M | $1.4B | $1.4B | $1.39B | $1.37B | $1.35B | $1.33B | $1.39B | $707.36M | $705.56M | $703.23M | $708.98M | $703.31M | $908.72M | $994.31M | $932.69M | $874.3M | $484.86M | $622.01M | $619.31M | $276.1M |
| Total Equity | -$191.52M | $6.95M | $286.58M | $408.4M | $419.5M | $397.59M | $455.22M | $389.83M | -$696.12M | -$491.74M | $16.03M | $541.58M | $512.74M | $318.5M | $404.16M | -$341.31M | -$372.51M | -$248.15M | $119.28M | $337.01M | $586.01M | $876.33M | $784.3M | $720.84M | $423.88M | $591.58M | $594.44M | $258.8M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $940.96M | $1.12B | $1.44B | $1.61B | $1.72B | $1.86B | $1.76B | $1.78B | $2.03B | $2.41B | $3B | $3.75B | $3.87B | $3.74B | $4.15B | $319.64M | $334.06M | $543.52M | $1.06B | $1.33B | $1.41B | $1.62B | $1.48B | $1.36B | $965.32M | $954.93M | $918.16M | $517.6M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $842.24M | $794.71M | $813.08M | $862.35M | $988M | $1.13B | $1.16B | $1.24B | $2.33B | $2.38B | $2.4B | $2.49B | $2.63B | $2.7B | $2.85B | $591.01M | $633.51M | $696M | $736.3M | $751.25M | $569M | $482.1M | $487.34M | $420.26M | $320.02M | $285.23M | $285.25M | $222.7M |
| Net Debt | $760.26M | $730.87M | $732.42M | $754.92M | $810.97M | $858.54M | $1.14B | $1.22B | $2.23B | $2.25B | $2.37B | $2.48B | $2.59B | $2.61B | $2.82B | $578.19M | $617.28M | $643M | $704.01M | $748.86M | $563.88M | $450.14M | $480.62M | $359.88M | $314.71M | $274.25M | $65.67M | $197.8M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | -$200.7M | -$283.25M | -$117.88M | $16.23M | $17.28M | -$59.72M | $61.26M | $757.58M | -$206.56M | -$510.72M | -$546.49M | $11.77M | $176.08M | -$32.73M | $63.86M | $29.4M | -$126.7M | -$361.67M | -$223.8M | -$44.59M | -$213.37M | $30.37M | $5.04M | -$92.75M | -$30.55M | -$2.3M | -$13.62M | -$11.9M |
| Depreciation & Amortization | $54.34M | $59.12M | $58.18M | $56.39M | $53.55M | $52.29M | $76.61M | $56.11M | $62.24M | $87.27M | $102.11M | $115.28M | $116.95M | $143.3M | $52.44M | $9.1M | $11.14M | $12.51M | $13.17M | $17.62M | $21.64M | $21.38M | $19.85M | $18.27M | $52.76M | $45.77M | $33.74M | $17.2M |
| Deferred Income Tax | -$2.33M | -$10M | $17.64M | $1.04M | $1.42M | -$28.82M | $8.65M | -$206.87M | -$168.23M | -$27.83M | -$48.26M | $6.9M | -$76.38M | -$18.23M | -$61.99M | $3.43M | -$23.18M | -$118.41M | -$34.15M | -$3.61M | -$19.95M | $25.55M | $24.68M | $76.36M | -$3.49M | $812K | -$6.98M | $0 |
| Stock-Based Compensation | $2.5M | $4.71M | $5.27M | $6.23M | $5.19M | $3.34M | $5.3M | $1.61M | $1.61M | $2.95M | $21.03M | $17.64M | $10.8M | $11.89M | $5.86M | $2.45M | $2.88M | $26.06M | $26.06M | $13.86M | $0 | $171K | $171K | $171K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $23.3M | $20.37M | $26.93M | -$16.88M | $4.62M | $34.42M | $3.49M | -$26.17M | -$8.71M | $9.9M | -$1.32M | $14.16M | $4.69M | $28.25M | -$5.63M | -$152K | $2.69M | $0 | $0 | -$6.52M | -$3.18M | $0 | -$7.01M | -$9.13M | $6.72M | $0 | -$25.56M | -$21.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $5.69M | $0 | -$7.66M | -$7.02M | $0 | -$14.75M | $1.38M | -$6.99M | $38.4M | $6.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$1.57M | -$11.18M | -$3.17M | $777K | $12.81M | -$5.59M | -$32.24M | -$2.79M | $45.1M | -$16.64M | -$33.71M | $7.19M | -$40.45M | -$17.19M | -$501K | -$1.96M | $0 | $0 | $0 | $1.26M | $8.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.5M | $4.26M | -$8.45M | $128K | $8.35M | $8.09M | $4.59M | -$11.08M | -$6.8M | -$14.48M | $458K | -$33.86M | -$6.47M | -$11.85M | -$4.57M | $1.03M | -$9.25M | $4.58M | -$9.49M | $5.15M | -$513K | $0 | -$13.36M | $204K | -$10.94M | -$18.08M | -$1.22M | $11.2M |
| Total Working Capital Change | $19.23M | $13.45M | $15.31M | -$15.97M | $25.78M | $36.92M | -$18.47M | -$40.03M | $21.94M | -$28.24M | -$34.57M | -$27.26M | -$40.85M | -$7.78M | $27.69M | $5.28M | -$6.57M | $4.58M | -$9.49M | -$108K | $5.08M | -$7.65M | -$20.36M | -$8.92M | -$4.21M | -$18.08M | -$26.78M | -$10.1M |
| Other Non-Cash Items | $105.62M | $212.85M | $53.14M | $14.56M | -$34.7M | $29.2M | -$29.08M | -$508.83M | $375.6M | $512.32M | $588.62M | $12.47M | -$65.47M | $83.03M | -$16.5M | -$6.92M | $171.13M | $513.59M | $274.29M | $82.14M | $284.98M | $5.19M | $16.5M | $47.15M | -$3.06M | -$40.77M | $0 | $100K |
| Net Cash from Operating | -$21.34M | -$3.12M | $31.66M | $78.48M | $68.52M | $33.21M | $104.27M | $59.57M | $86.6M | $35.74M | $82.43M | $136.8M | $121.14M | $179.49M | $71.36M | $42.74M | $28.69M | $76.65M | $46.06M | $65.32M | $78.4M | $75.01M | $45.88M | $40.28M | $11.44M | -$14.56M | -$13.64M | -$4.7M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$20.24M | -$19.46M | -$24.81M | -$31.06M | -$29.09M | -$14.87M | -$29.47M | -$29.7M | -$31.93M | -$23.04M | -$19.24M | -$27.51M | -$333.92M | -$16.61M | -$6.69M | -$2.72M | -$3.11M | -$7.08M | -$5.76M | -$19.05M | -$9.31M | -$12.12M | -$9.63M | -$11.92M | -$10.09M | -$9.48M | -$18.56M | -$349.5M |
| Acquisitions | $0 | $56K | $0 | $2.01M | $0 | $0 | $147.06M | -$17.41M | $6.09M | $106.94M | $9.2M | -$8.5M | -$322.84M | $0 | $0 | $0 | -$52K | $0 | -$265K | -$26K | -$47.39M | -$11M | -$133.56M | -$132.34M | -$82M | -$172.79M | -$152.74M | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.02B | $0 | $0 | $0 | $0 | -$2.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $12.38M | $15.18M | $17.99M | $2.81M | $27.55M | $79.23M | $0 | $0 | -$974K | -$44K | $2.07M | $20.43M | $564.13M | $114.75M | $0 | $296K | $102K | $323K | $6M | $2.6M | -$36.06M | -$5.63M | -$3.48M | $5.53M | $43.93M | -$8M | -$20.81M | -$1.5M |
| Net Cash from Investing | -$7.86M | -$4.23M | -$6.82M | -$26.24M | -$1.54M | $64.36M | $117.59M | -$47.12M | -$26.82M | $83.85M | -$7.96M | -$15.57M | -$92.63M | $98.14M | -$2.03B | -$2.42M | -$3.06M | -$6.75M | -$29K | -$19.22M | -$92.76M | -$28.76M | -$146.67M | -$138.73M | -$48.16M | -$190.27M | -$192.1M | -$351M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $1.12M | $1.42M | $34.6M | $82.35M | $96.59M | $41.78M | $220.84M | $94.3M | $88.06M | $20M | $50M | $146.13M | $91.56M | $153.31M | -$1.58B | $43.14M | $59.11M | $40.3M | $16.02M | -$182.25M | -$86.9M | -$4.76M | -$52.95M | -$96.5M | -$34.79M | $19K | -$62.48M | -$179.7M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $8K | $0 | $94.3M | $142K | $475M | $0 | $0 | $52K | $303K | $1.68M | $748K | $1.17M | $10.75M | $213.8M | $56K | $2.5M | $416.78M | $223.3M |
| Common Stock Repurchases | -$274K | -$1.09M | -$9.21M | -$33.56M | -$563K | -$1.24M | -$1.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$193K | -$6.52M | -$104K | -$224.04M | -$95.74M | -$14.64M | -$15.42M | -$144.96M | -$2.5M | $0 | -$51.27M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.91M | $0 | -$27.31M | -$1.15M | -$11.81M | -$379K | -$3.53M | $0 | $0 |
| Other Financing Activities | -$6.27M | -$6.97M | -$7.8M | -$7.64M | -$4.55M | $200.21M | -$12.88M | $0 | -$91K | $3K | -$85K | -$620K | -$11.15M | -$2.75M | -$31.74M | -$587K | -$3.11M | -$2.41M | -$1.38M | -$6.82M | $0 | $27.31M | $0 | $0 | -$917K | -$2.71M | -$27.55M | -$24M |
| Net Cash from Financing | $47.34M | -$9.47M | -$51.61M | -$121.84M | -$161.71M | $157.19M | -$234.89M | -$94.3M | -$88.15M | -$20M | -$50.09M | -$146.75M | -$83.77M | -$220.18M | $1.98B | -$43.72M | -$62.41M | -$49.18M | -$16.13M | -$48.83M | -$12.47M | -$21.02M | $47.13M | $153.53M | $31.05M | -$3.76M | $400.44M | $379M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $355.7M |
| Net Change in Cash | $18.14M | -$16.82M | -$26.77M | -$69.59M | -$94.73M | $254.75M | -$13.03M | -$81.85M | -$28.37M | $99.6M | $24.39M | -$25.52M | -$55.26M | $57.46M | $17.78M | -$3.41M | -$36.78M | $20.72M | $29.89M | -$2.73M | -$26.84M | $25.24M | -$53.66M | $55.07M | -$5.67M | -$208.6M | $194.7M | $379M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | -$21.34M | -$3.12M | $31.66M | $78.48M | $68.52M | $33.21M | $104.27M | $59.57M | $86.6M | $35.74M | $82.43M | $136.8M | $121.14M | $179.49M | $71.36M | $42.74M | $28.69M | $76.65M | $46.06M | $65.32M | $78.4M | $75.01M | $45.88M | $40.28M | $11.44M | -$14.56M | -$13.64M | -$4.7M |
| Capital Expenditure | -$20.24M | -$19.46M | -$24.81M | -$31.06M | -$29.09M | -$14.87M | -$29.47M | -$29.7M | -$31.93M | -$23.04M | -$19.24M | -$27.51M | -$333.92M | -$16.61M | -$6.69M | -$2.72M | -$3.11M | -$7.08M | -$5.76M | -$19.05M | -$9.31M | -$12.12M | -$9.63M | -$11.92M | -$10.09M | -$9.48M | -$18.56M | -$349.5M |
| Free Cash Flow | -$41.57M | -$22.58M | $6.85M | $47.42M | $39.43M | $18.34M | $74.8M | $29.86M | $54.66M | $12.71M | $63.2M | $109.29M | -$212.78M | $162.88M | $64.67M | $40.02M | $25.58M | $69.58M | $40.29M | $46.27M | $69.08M | $62.89M | $36.25M | $28.35M | $1.35M | -$24.05M | -$32.2M | -$354.2M |
| Cash at Beginning | $63.84M | $80.66M | $107.43M | $177.03M | $271.76M | $17.01M | $30.04M | $111.89M | $131.26M | $31.66M | $7.27M | $32.79M | $88.05M | $30.59M | $12.81M | $16.22M | $53M | $32.29M | $2.39M | $5.12M | $31.96M | $6.72M | $60.38M | $5.31M | $10.98M | $219.58M | $24.89M | $1.6M |
| Cash at End | $81.98M | $63.84M | $80.66M | $107.43M | $177.03M | $271.76M | $17.01M | $30.04M | $102.89M | $131.26M | $31.66M | $7.27M | $32.79M | $88.05M | $30.59M | $12.81M | $16.22M | $53M | $32.29M | $2.39M | $5.12M | $31.96M | $6.72M | $60.38M | $5.31M | $10.98M | $219.58M | $380.6M |