Beasley Broadcast(US:BBGI)2025-05-07 11:15Financial Performance - Beasley Media Group's total net revenue for Q1 2025 was $489 million[43] - The company's SOI (Station Operating Income) for Q1 2025 was $37 million[43] - Adjusted EBITDA for Q1 2025 was $11 million, with an adjusted EBITDA margin of 23%[43,47] - Corporate G&A expense for Q1 2025 was $40 million, including $05 million in severance and other one-time expenses[43] - Cash and cash equivalents totaled $122 million[43] Revenue Mix - Audio revenue for Q1 2025 was $382 million[21] - Digital revenue for Q1 2025 was $108 million, representing 22% of total net revenue[21] - Same-station digital revenue grew by 6% year-over-year[21] Digital Strategy - 49% of Q1 2025 digital sales were from Third-Party Inventory (TPP), while 51% were from Owned & Operated (O&O)[38,40] Audience Reach - Beasley's audio stations reach nearly 18 million listeners weekly across key markets[31] - The company has 150 million average weekly audience size for AM/FM stations, 31 million average monthly downloads for podcasts, and 26 million average unique streamers[13]