Investor Presentation INVESTOR PRESENTATION August 2025 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains, and our other communications may contain, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements, written, oral o ...

Core Insights - Townsquare Media, Inc. reported a net revenue of $115.4 million for Q2 2025, a decrease of 2.3% year-over-year, while net income improved to $2.0 million from a loss of $48.9 million in the same period last year [2][5][11] - Digital revenue accounted for 55% of total net revenue and 56% of segment profit in the first half of 2025, with a year-over-year increase of 4.1% [2][5][12] - The company has approved a quarterly cash dividend of $0.20 per share, reflecting a yield of approximately 12% based on the last closing price [3] Financial Performance - Total net revenue for the first half of 2025 decreased by 1.7% to $214.1 million compared to $217.9 million in the same period in 2024 [14] - Adjusted EBITDA for Q2 2025 increased by 0.7% to $26.4 million, while for the first half of 2025, it rose by 1.8% to $44.6 million [13][17] - The company repurchased $10 million of debt in Q2 2025 and $13 million since the refinancing in February 2025 [1][12] Segment Analysis - Digital Advertising segment revenue increased by 2.4% to $42.5 million in Q2 2025, while Subscription Digital Marketing Solutions revenue rose by 1.4% to $18.8 million [9][35] - Broadcast Advertising revenue decreased by 9.2% to $48.7 million in Q2 2025, attributed to reduced advertising purchases by clients [9][12] - Total Digital Segment Profit increased by 4.3% in Q2 2025 compared to the previous year [5][12] Guidance and Future Outlook - For Q3 2025, net revenue is expected to be between $106.5 million and $108.5 million, with Adjusted EBITDA projected between $22.0 million and $23.0 million [8] - For the full year 2025, net revenue is anticipated to be between $435 million and $440 million, with Adjusted EBITDA expected between $90 million and $94 million [8] Capital Structure and Liquidity - As of June 30, 2025, the company had $3.2 million in cash and cash equivalents and $467.1 million in outstanding debt, resulting in a gross leverage ratio of 4.62x [18] - The company has maintained financial flexibility due to strong cash generation and successful refinancing earlier in the year [2][12]

Company Overview - Townsquare Media, Inc. is a community-focused digital and broadcast media and digital marketing solutions company primarily targeting markets outside the top 50 in the U.S. [4] - The company operates Townsquare Ignite, a digital advertising division that utilizes proprietary programmatic advertising technology and a portfolio of over 400 local news and entertainment websites and mobile apps [4] - Townsquare Interactive provides subscription digital marketing services to small and medium-sized businesses (SMBs), offering a SaaS business management platform, website design, SEO, and other digital services [4] Financial Results Announcement - Townsquare Media will release its second quarter 2025 financial results before the market opens on August 6, 2025 [1] - A conference call to discuss the financial results will take place on the same day at 8:00 a.m. Eastern Time [1] - The conference call can be accessed via a dial-in number and will also be available as a live webcast on the company's investor relations page [2] Conference Call Details - The dial-in number for the conference call is 1-800-717-1738 for U.S. and Canada, and 1-646-307-1865 for international participants [2] - A telephone replay of the conference call will be available until August 13, 2025, with specific numbers provided for access [3] - A web-based archive of the conference call will also be accessible on the investor relations page of the company's website [3]

Investor Presentation INVESTOR PRESENTATION May 2025 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains, and our other communications may contain, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements, written, oral or o ...

Core Insights - Townsquare Media, Inc. reported its financial results for Q1 2025, indicating a slight decline in net revenue but an increase in Adjusted EBITDA, reaffirming its full-year guidance for 2025 [2][6][10]. Financial Performance - Net revenue for Q1 2025 decreased by 1.0% year-over-year to $98.7 million, with a 0.5% decline when excluding political revenue [5][7]. - Adjusted EBITDA increased by 3.5% year-over-year to $18.1 million, exceeding guidance [10][12]. - Net income reported a loss of $1.5 million, a decrease of $3.1 million compared to the previous year [9][24]. Segment Performance - Digital net revenue increased by 6.4% year-over-year, with Digital Advertising net revenue up by 7.6% and Subscription Digital Marketing Solutions net revenue up by 4.2% [12][28]. - Broadcast Advertising net revenue decreased by 9.1% year-over-year [7][28]. Guidance and Future Outlook - For Q2 2025, net revenue is expected to be between $114 million and $116 million, with Adjusted EBITDA projected between $25 million and $26 million [6]. - Full-year 2025 guidance for net revenue remains between $435 million and $455 million, and Adjusted EBITDA between $90 million and $98 million [6]. Capital Structure and Dividends - The Board of Directors approved a quarterly cash dividend of $0.20 per share, reflecting a yield of approximately 12% based on the last closing price [3]. - The company successfully refinanced its debt in February 2025, extending maturities to 2030 and enhancing financial flexibility [2][12].

Company Overview - Townsquare Media, Inc. is a community-focused digital and broadcast media and digital marketing solutions company primarily targeting markets outside the top 50 in the U.S. [4] - The company operates Townsquare Ignite, a digital advertising division that utilizes proprietary programmatic advertising technology and a portfolio of over 400 local news and entertainment websites and mobile apps [4]. - Townsquare Interactive provides subscription digital marketing services to small and medium-sized businesses (SMBs), offering a SaaS business management platform, website design, SEO, and other digital services [4]. Upcoming Financial Results - Townsquare Media will release its first quarter 2025 financial results before the market opens on May 8, 2025 [1]. - A conference call to discuss these results will take place on the same day at 8:00 a.m. Eastern Time [1]. - The conference call can be accessed via a dial-in number and will also be available as a live webcast on the company's investor relations page [2].