Townsquare Media Inc Financials
This page shows Townsquare Media Inc (TSQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Townsquare Media Inc has an operating margin of 4.8%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 24/100, suggesting thin profitability after operating expenses. This is up from -4.2% the prior year.
Townsquare Media Inc's revenue declined 0.7% year-over-year, from $454.2M to $451.0M. This contraction results in a growth score of 27/100.
Townsquare Media Inc's current ratio of 1.38 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.
Townsquare Media Inc has a free cash flow margin of 6.9%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.
Townsquare Media Inc scores 0.28, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Townsquare Media Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Townsquare Media Inc generates $-3.84 in operating cash flow ($48.7M OCF vs -$12.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Townsquare Media Inc earns $0.6 in operating income for every $1 of interest expense ($21.7M vs $36.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Townsquare Media Inc generated $451.0M in revenue in fiscal year 2024. This represents a decrease of 0.7% from the prior year.
Townsquare Media Inc's EBITDA was $41.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 67703.3% from the prior year.
Townsquare Media Inc generated $31.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 40.8% from the prior year.
Townsquare Media Inc reported -$12.7M in net income in fiscal year 2024. This represents an increase of 71.7% from the prior year.
Townsquare Media Inc earned $-0.81 per diluted share (EPS) in fiscal year 2024. This represents an increase of 69.8% from the prior year.
Townsquare Media Inc held $33.0M in cash against $465.8M in long-term debt as of fiscal year 2024.
Townsquare Media Inc paid $0.79 per share in dividends in fiscal year 2024. This represents an increase of 5.3% from the prior year.
Townsquare Media Inc had 17M shares outstanding in fiscal year 2024.
Townsquare Media Inc's gross margin was 27.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.
Townsquare Media Inc's operating margin was 4.8% in fiscal year 2024, reflecting core business profitability. This is up 9.0 percentage points from the prior year.
Townsquare Media Inc's net profit margin was -2.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 7.1 percentage points from the prior year.
Townsquare Media Inc spent $23.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 41.5% from the prior year.
Townsquare Media Inc invested $17.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 16.4% from the prior year.
TSQ Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $106.8M-7.5% | $115.4M+17.0% | $98.7M-16.2% | $117.8M-0.3% | $118.2M+18.7% | $99.6M-13.2% | $114.8M-0.3% | $115.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $28.0M-14.2% | $32.6M+42.7% | $22.9M-38.6% | $37.2M+13.8% | $32.7M+43.9% | $22.7M | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6.0M-3.4% | $6.2M+31.3% | $4.7M-22.0% | $6.1M-6.6% | $6.5M+24.2% | $5.2M-14.6% | $6.1M-7.5% | $6.6M |
| Operating Income | $5.9M-71.8% | $21.1M+195.1% | $7.1M-66.6% | $21.3M+199.8% | -$21.4M-421.8% | $6.6M+184.2% | -$7.9M+26.0% | -$10.7M |
| Interest Expense | $12.6M-0.4% | $12.7M+23.6% | $10.2M+16.2% | $8.8M-4.4% | $9.2M+2.0% | $9.0M0.0% | $9.0M-3.3% | $9.3M |
| Income Tax | -$1.1M-116.9% | $6.3M+307.0% | -$3.0M+75.9% | -$12.6M-166.9% | $18.8M+8994.2% | $207K+101.3% | -$15.5M-188.8% | $17.5M |
| Net Income | -$5.9M-476.6% | $1.6M+179.1% | -$2.0M-108.1% | $24.6M+149.9% | -$49.2M-4434.9% | $1.1M+148.5% | -$2.3M+93.7% | -$37.0M |
| EPS (Diluted) | $-0.36-500.0% | $0.09+175.0% | $-0.12-106.8% | $1.76+154.0% | $-3.26-5533.3% | $0.06+175.0% | $-0.08+96.5% | $-2.27 |
TSQ Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $539.2M-1.2% | $545.7M+0.2% | $544.5M-6.2% | $580.4M+0.1% | $579.6M-9.0% | $636.7M-2.4% | $652.0M-0.8% | $657.3M |
| Current Assets | $72.2M-6.1% | $76.9M+8.5% | $70.9M-32.8% | $105.4M+4.5% | $100.9M-16.9% | $121.3M-8.2% | $132.2M+16.6% | $113.3M |
| Cash & Equivalents | $3.2M+0.9% | $3.2M-42.4% | $5.5M-83.2% | $33.0M+15.7% | $28.5M-49.6% | $56.6M-7.3% | $61.0M+60.8% | $38.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $55.5M-7.1% | $59.8M+15.8% | $51.6M-14.9% | $60.6M+0.2% | $60.5M+12.3% | $53.9M-11.3% | $60.8M-4.3% | $63.5M |
| Goodwill | $149.9M-2.0% | $152.9M0.0% | $152.9M0.0% | $152.9M-1.1% | $154.6M-1.7% | $157.3M0.0% | $157.3M-0.9% | $158.7M |
| Total Liabilities | $573.2M+0.1% | $572.8M+0.3% | $571.3M-6.2% | $608.9M-5.4% | $643.8M+1.4% | $634.9M-1.1% | $642.1M-0.4% | $644.9M |
| Current Liabilities | $81.7M+4.0% | $78.6M+8.2% | $72.6M-4.8% | $76.3M+2.5% | $74.4M+7.3% | $69.3M-8.9% | $76.1M+18.8% | $64.0M |
| Long-Term Debt | $425.8M-0.5% | $428.0M-2.0% | $436.7M-6.2% | $465.8M-4.4% | $487.1M-2.6% | $500.1M+0.1% | $499.7M+0.1% | $499.1M |
| Total Equity | -$34.0M-25.4% | -$27.1M-1.0% | -$26.8M+5.7% | -$28.4M+55.7% | -$64.1M-3585.7% | $1.8M-81.4% | $9.9M-20.3% | $12.4M |
| Retained Earnings | -$344.7M-2.8% | -$335.3M-0.6% | -$333.3M-1.7% | -$327.8M+8.1% | -$356.6M-17.2% | -$304.2M-0.7% | -$302.2M-1.9% | -$296.6M |
TSQ Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.9M-22.7% | $10.2M+15547.0% | -$66K-100.2% | $28.2M+212.8% | $9.0M+439.4% | $1.7M-94.2% | $28.9M+281.9% | $7.6M |
| Capital Expenditures | $3.6M-6.2% | $3.8M-15.3% | $4.5M+21.9% | $3.7M-13.7% | $4.3M-4.0% | $4.4M+22.8% | $3.6M-14.9% | $4.2M |
| Free Cash Flow | $4.3M-32.5% | $6.4M+241.0% | -$4.5M-118.5% | $24.5M+414.9% | $4.8M+272.7% | -$2.8M-110.9% | $25.3M+660.5% | $3.3M |
| Investing Cash Flow | -$1.5M-160.9% | $2.4M+156.1% | -$4.3M-87.2% | -$2.3M+37.5% | -$3.7M-1221.0% | -$281K+91.1% | -$3.2M-12.9% | -$2.8M |
| Financing Cash Flow | -$6.4M+57.5% | -$15.0M+34.1% | -$22.7M-49.8% | -$15.2M+54.5% | -$33.4M-472.3% | -$5.8M-124.3% | -$2.6M+84.1% | -$16.4M |
| Dividends Paid | N/A | N/A | N/A | $3.2M+1.3% | $3.2M+0.5% | $3.2M-3.7% | $3.3M+3.6% | $3.2M |
| Share Buybacks | $0 | $0 | $0 | $0-100.0% | $17.8M+314.8% | $4.3M | $0-100.0% | $1.1M |
TSQ Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.2%-2.0pp | 28.2%+5.1pp | 23.2%-8.4pp | 31.6%+3.9pp | 27.7%+4.9pp | 22.8% | N/A | N/A |
| Operating Margin | 5.6%-12.7pp | 18.2%+11.0pp | 7.2%-10.9pp | 18.1%+36.2pp | -18.1%-24.7pp | 6.7%+13.5pp | -6.9%+2.4pp | -9.3% |
| Net Margin | -5.5%-6.9pp | 1.4%+3.4pp | -2.0%-22.9pp | 20.8%+62.5pp | -41.6%-42.8pp | 1.1%+3.2pp | -2.0%+30.1pp | -32.1% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | 61.7% | N/A | N/A |
| Return on Assets | -1.1%-1.4pp | 0.3%+0.7pp | -0.4%-4.6pp | 4.2%+12.7pp | -8.5%-8.7pp | 0.2%+0.5pp | -0.4%+5.3pp | -5.6% |
| Current Ratio | 0.88-0.1 | 0.980.0 | 0.98-0.4 | 1.38+0.0 | 1.36-0.4 | 1.75+0.0 | 1.74-0.0 | 1.77 |
| Debt-to-Equity | -12.54+3.3 | -15.80+0.5 | -16.28+0.1 | -16.38-8.8 | -7.59-279.4 | 271.80+221.4 | 50.41+10.3 | 40.14 |
| FCF Margin | 4.0%-1.5pp | 5.5%+10.2pp | -4.6%-25.4pp | 20.8%+16.8pp | 4.0%+6.8pp | -2.8%-24.8pp | 22.0%+19.1pp | 2.9% |
Note: Shareholder equity is negative (-$28.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Frequently Asked Questions
What is Townsquare Media Inc's annual revenue?
Townsquare Media Inc (TSQ) reported $451.0M in total revenue for fiscal year 2024. This represents a -0.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Townsquare Media Inc's revenue growing?
Townsquare Media Inc (TSQ) revenue declined by 0.7% year-over-year, from $454.2M to $451.0M in fiscal year 2024.
Is Townsquare Media Inc profitable?
No, Townsquare Media Inc (TSQ) reported a net income of -$12.7M in fiscal year 2024, with a net profit margin of -2.8%.
What is Townsquare Media Inc's earnings per share (EPS)?
Townsquare Media Inc (TSQ) reported diluted earnings per share of $-0.81 for fiscal year 2024. This represents a 69.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Townsquare Media Inc's EBITDA?
Townsquare Media Inc (TSQ) had EBITDA of $41.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Townsquare Media Inc have?
As of fiscal year 2024, Townsquare Media Inc (TSQ) had $33.0M in cash and equivalents against $465.8M in long-term debt.
What is Townsquare Media Inc's gross margin?
Townsquare Media Inc (TSQ) had a gross margin of 27.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Townsquare Media Inc's operating margin?
Townsquare Media Inc (TSQ) had an operating margin of 4.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Townsquare Media Inc's net profit margin?
Townsquare Media Inc (TSQ) had a net profit margin of -2.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Townsquare Media Inc pay dividends?
Yes, Townsquare Media Inc (TSQ) paid $0.79 per share in dividends during fiscal year 2024.
What is Townsquare Media Inc's free cash flow?
Townsquare Media Inc (TSQ) generated $31.3M in free cash flow during fiscal year 2024. This represents a -40.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Townsquare Media Inc's operating cash flow?
Townsquare Media Inc (TSQ) generated $48.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Townsquare Media Inc's total assets?
Townsquare Media Inc (TSQ) had $580.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Townsquare Media Inc's capital expenditures?
Townsquare Media Inc (TSQ) invested $17.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Townsquare Media Inc buy back shares?
Yes, Townsquare Media Inc (TSQ) spent $23.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Townsquare Media Inc have outstanding?
Townsquare Media Inc (TSQ) had 17M shares outstanding as of fiscal year 2024.
What is Townsquare Media Inc's current ratio?
Townsquare Media Inc (TSQ) had a current ratio of 1.38 as of fiscal year 2024, which is considered adequate.
What is Townsquare Media Inc's debt-to-equity ratio?
Townsquare Media Inc (TSQ) had a debt-to-equity ratio of -16.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Townsquare Media Inc's return on assets (ROA)?
Townsquare Media Inc (TSQ) had a return on assets of -2.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Townsquare Media Inc's debt-to-equity ratio negative or unusual?
Townsquare Media Inc (TSQ) has negative shareholder equity of -$28.4M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Townsquare Media Inc's Altman Z-Score?
Townsquare Media Inc (TSQ) has an Altman Z-Score of 0.28, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Townsquare Media Inc's Piotroski F-Score?
Townsquare Media Inc (TSQ) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Townsquare Media Inc's earnings high quality?
Townsquare Media Inc (TSQ) has an earnings quality ratio of -3.84x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Townsquare Media Inc cover its interest payments?
Townsquare Media Inc (TSQ) has an interest coverage ratio of 0.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Townsquare Media Inc?
Townsquare Media Inc (TSQ) scores 30 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.