Page 55 - NobleCon20-Book-Project

Cumulus Media Inc.

SELECTED FINANCIAL ITEMS CMLS

(in millions of USD)
CQ4 '23 CQ1 '24 CQ2 '24 CQ3 '24 LTM
Income Statement Key Items
Total Revenue 221.30 200.05 204.85 203.60 829.80
Gross Profit 126.88 115.00 131.22 127.23 500.33
Gross Margin 57% 57% 64% 62% 60%
EBIT 4.49 (8.34) (7.55) 7.04 (4.35)
EBIT Margin 2% -4% -4% 3% -1%
Net Income to Common Shareholders (98.07) (14.15) (27.70) (10.32) (150.24)
Net Margin -44% -7% -14% -5% -18%

Balance Sheet Key Items
Total Assets 1,440.30 1,418.53 1,384.73 ###### 1,364.35
Cash & Short Term Investments 80.66 68.34 53.49 52.15 52.15
% of Assets 6% 5% 4% 4% 4%
Current Assets -Total 286.90 276.24 261.06 254.54 254.54
% of Assets 20% 19% 19% 19% 19%
Total Liabilities 1,153.72 1,146.12 1,138.68 ###### 1,127.58
% of Assets 80% 81% 82% 83% 83%
Current Liabilities - Total 143.74 139.84 138.82 134.38 134.38
% of Assets 10% 10% 10% 10% 10%
Long Term Debt 672.42 672.75 671.56 670.31 670.31
% of Assets 47% 47% 48% 49% 49%
Total Equity 286.58 272.42 246.05 236.78 236.78
% of Assets 20% 19% 18% 17% 17%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 3.27 (16.11) (7.95) 3.93 (16.86)
Net Cash Flow - Investing (3.61) 6.74 (4.39) (3.33) (4.59)
Net Cash Flow - Financing (1.81) (2.95) (2.51) (1.94) (9.21)

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets' Twentieth Annual Small & Microcap Investor Conference