Beasley Broadcast Group Inc

The company's capital structure is characterized by a high debt-to-equity ratio of 1.77, indicating a significant reliance on debt financing. Despite a current ratio of 1.92, which suggests the company can cover its short-term liabilities, the negative net cash position after subtracting total debt raises liquidity concerns. The price-to-book ratio of 0.18 and price-to-tangible-book ratio of 0.18 indicate that the company's market value is well below its book value, suggesting potential undervaluation or financial distress.

Profitability metrics reveal a challenging financial position. The company reported a net income of $79,700, but this is dwarfed by an operating loss of $1.1 million. Return on equity (ROE) is nearly zero at 0.0001, and return on assets (ROA) is also 0.0, indicating that the company is not generating returns on its equity or asset base. These figures fall significantly below the industry median for broadcasting firms, which typically exhibit positive ROE and ROA.

Geographically, Beasley Broadcast Group Inc's revenue is concentrated in the United States, as is typical for the broadcasting industry. However, the company does not disclose specific regional revenue breakdowns, making it difficult to assess geographic diversification. The lack of segment-specific revenue data also limits the ability to evaluate performance across different business lines.

The company's growth trajectory is mixed. While the current fiscal year (FY) outlook is neutral, the next FY is expected to show a slight improvement in revenue. However, the operating cash flow remains negative at -$4.04 million, and free cash flow is only $903,500, indicating limited capacity for reinvestment or debt reduction. The capital expenditure of -$947,720 suggests a reduction in investment in physical assets, which may impact long-term growth.

Risk factors include liquidity constraints and the potential for dilution, although the latter is currently assessed as low. The company's high debt load and negative operating cash flow increase credit risk, and the absence of a strong EBITDA margin exacerbates this vulnerability. The ESG profile is mixed, with a low governance score of 29.47 and a high controversies score of 100.00, indicating potential governance and reputational risks.

Recent events include the filing of financial statements that highlight the company's operating losses and liquidity challenges. No significant management changes or strategic announcements have been disclosed in the latest filings, suggesting a continuation of the current operational strategy.

Beasley Broadcast Group Inc (BBGI.O) has initiated its first formal analysis, establishing a baseline for future performance tracking. As this is the inaugural assessment for the ticker, there is no prior data available to compute material changes or deltas in financial metrics. Consequently, the current snapshot serves as the foundational reference point for all subsequent evaluations of the company's trajectory. The most notable recent activity involves changes in shareholder composition. Two new investors have added positions in the company, with holdings reported as of March 31, 2026. One investor acquired 246 shares, while another added 20 shares to their portfolio. These additions were detected on June 20, 2026, marking the first recorded shifts in ownership structure for this reporting period. Despite these new entries, the overall ownership structure remains highly concentrated. The company currently lists only three top holders, indicating that the new positions represent a small fraction of total equity. The value of the newly added shares is minimal, with the larger position valued at approximately $0.0008 million and the smaller at $0.000064 million, reflecting negligible weight in the broader capitalization. From a governance and market perspective, Beasley Broadcast Group maintains a lean executive team with only two officers. The stock is not currently covered by any analysts and holds no membership in major indices. This lack of analyst coverage and index inclusion suggests limited institutional scrutiny, making the recent holder additions a primary signal of interest in the absence of broader market commentary.

Long-term debt decreased to $238 million in the latest period, indicating a reduction in leverage obligations.

Operating income improved to $13.1 million in FY2025, showing a recovery from previous years' significant operating losses.

Net income loss narrowed significantly to $5.9 million in FY2025 compared to $75.1 million in FY2024.

Free cash flow plummeted to negative $195.1 million in the latest period, representing a severe liquidity deterioration.

The company faces high credit risk and medium liquidity risk according to identified risk flags.

Operating margin of -2.0% and net margin of 0.01% lag significantly behind broadcasting cohort medians.

Debt-to-equity ratio of 1.77 places the company in the bottom quartile of its broadcasting cohort.

Revenue $67.3M; Operating income $7.6M.

• ▍Revenue $67.3M
• ▍Operating income $7.6M
• ▍Net margin -3.1%

Revenue $58.2M; Operating income $1.2M.

• ▍Revenue $58.2M
• ▍Operating income $1.2M
• ▍Net margin -6.1%

Revenue $60.4M; Operating income $5.4M.

• ▍Revenue $60.4M
• ▍Operating income $5.4M
• ▍Net margin -0.5%

Revenue $54.4M; Operating income -$1.1M.

• ▍Revenue $54.4M
• ▍Operating income -$1.1M
• ▍Net margin 0.0%

Revenue $240.3M, −2,8% YoY; Operating income +117,7% YoY.

• ▍Revenue $240.3M, −2,8% YoY
• ▍Operating income +117,7% YoY
• ▍Net income +92,2% YoY
• ▍Free cash flow +97,6% YoY
• ▍Net margin -2.5%

Revenue $247.1M, −3,6% YoY; Operating income −116,3% YoY.

• ▍Revenue $247.1M, −3,6% YoY
• ▍Operating income −116,3% YoY
• ▍Net income −78,6% YoY
• ▍Free cash flow −53,6% YoY
• ▍Net margin -30.4%

Revenue $256.4M, +6,2% YoY; Operating income −274,4% YoY.

• ▍Revenue $256.4M, +6,2% YoY
• ▍Operating income −274,4% YoY
• ▍Net income −2 891,6% YoY
• ▍Free cash flow −962,4% YoY
• ▍Net margin -16.4%

Revenue $241.4M; Operating income $19.7M.

• ▍Revenue $241.4M
• ▍Operating income $19.7M
• ▍Net margin -0.6%