Page 67 - NobleCon19revC2_Neat

Cumulus Media Inc.

SELECTED FINANCIAL ITEMS CMLS

(in millions of USD)
CQ4 '22 CQ1 '23 CQ2 '23 CQ3 '23 LTM
Income Statement Key Items
Total Revenue 251.27 205.69 210.14 207.42 874.52
Gross Profit 151.57 117.03 136.60 130.68 535.88
Gross Margin 60% 57% 65% 63% 61%
EBIT 25.96 (5.68) 13.67 11.18 45.13
EBIT Margin 10% -3% 7% 5% 5%
Net Income to Common Shareholders (0.05) (21.47) (1.07) 2.72 (19.87)
Net Margin 0% -10% -1% 1% -2%

Balance Sheet Key Items
Total Assets 1,609.03 1,566.03 1,523.54 1,521.09 1,521.09
Cash & Short Term Investments 107.43 118.88 92.42 82.81 82.81
% of Assets 7% 8% 6% 5% 5%
Current Assets -Total 345.27 314.15 287.00 288.71 288.71
% of Assets 21% 20% 19% 19% 19%
Total Liabilities 1,200.63 1,180.90 1,144.26 1,137.63 1,137.63
% of Assets 75% 75% 75% 75% 75%
Current Liabilities - Total 145.61 137.79 134.59 134.40 134.40
% of Assets 9% 9% 9% 9% 9%
Long Term Debt 714.46 708.57 676.95 672.10 672.10
% of Assets 44% 45% 44% 44% 44%
Total Equity 408.41 385.13 379.27 383.47 383.47
% of Assets 25% 25% 25% 25% 25%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 23.96 23.66 11.53 (6.80) 52.35
Net Cash Flow - Investing (11.44) (0.08) (6.30) 3.16 (14.65)
Net Cash Flow - Financing (23.24) (12.13) (31.69) (5.98) (73.05)

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets' Nineteenth Annual Small & Microcap Investor Conference