ENTRAVISION COMMUNICATIONS CORP EVC
The discussion of the business of Entravision Communications Corporation and its wholly-owned subsidiaries, or Entravision or the Company, is as of the date of filing this report, unless otherwise indicated.
Entravision is a media and advertising technology company.
Our Media business owns and operates one of the largest groups of Spanish-language television and radio stations in the United States. Our mission is to serve our Latino audience as a trusted provider of news, information, and entertainment. We serve our advertisers by providing marketing capabilities across broadcast and digital media.
Our Advertising Technology & Services (ATS) business empowers advertisers, primarily mobile app developers, to grow their businesses globally. We provide programmatic advertising solutions through two brands. Smadex is our demand-side platform, which uses proprietary AI to automate media buying. Adwake is our performance-based digital marketing agency.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $447.6M | $364.9M | $297.0M | $324.0M | $760.2M | $344.0M | $273.6M | $297.8M | $536.0M | $258.5M |
| Cost of revenue | $184.1M | $102.2M | $77.2M | $70.6M | $466.5M | $106.9M | $36.8M | — | — | $9.5M |
| Gross profit | $263.5M | $262.8M | $219.8M | $253.4M | $293.7M | $237.1M | $236.8M | — | — | $249.0M |
| SG&A | $66.8M | $62.9M | $49.8M | $47.0M | $56.6M | $48.4M | $54.0M | $51.5M | $49.1M | $46.8M |
| Total operating expenses | — | — | — | — | — | — | — | $264.2M | $258.2M | $209.7M |
| Operating income | -$83.4M | -$52.0M | -$26.5M | $30.6M | $60.5M | $6.6M | -$1.7M | $33.6M | $277.9M | $48.9M |
| Interest expense | $15.1M | $16.5M | $16.8M | $10.5M | $7.0M | $8.3M | $13.7M | $15.7M | $16.7M | $15.5M |
| Pre-tax income | -$96.4M | -$66.2M | -$41.5M | $22.3M | $53.9M | $119.0K | -$11.3M | $21.4M | $258.6M | $33.5M |
| Income tax | $18.0M | $4.1M | $8.4M | $8.9M | $18.7M | $1.5M | $8.2M | $7.9M | $82.6M | $13.1M |
| Net income | -$79.0M | -$149.0M | -$15.0M | $18.1M | $35.2M | -$1.4M | -$19.7M | $12.2M | $175.7M | $20.4M |
| EPS, basic | -0.87 | -1.66 | -0.18 | 0.21 | 0.34 | -0.05 | -0.23 | 0.14 | 1.95 | 0.23 |
| EPS, diluted | -0.87 | -1.66 | -0.18 | 0.21 | 0.33 | -0.05 | -0.23 | 0.13 | 1.91 | 0.22 |
| Shares, diluted (wtd. avg.) | $91.0M | $89.9M | $87.9M | $87.8M | $87.9M | $84.2M | $85.1M | $90.3M | $91.9M | $91.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $59.4M | $95.9M | $67.4M | $80.3M | $185.1M | $119.2M | $33.1M | $46.7M | $39.6M | $61.5M |
| Short-term investments | $3.8M | $4.7M | $13.2M | $44.5M | — | $28.0M | $91.7M | $132.4M | — | — |
| Receivables | $94.9M | $68.3M | $70.1M | $224.7M | $201.7M | $142.0M | $71.4M | $79.3M | $84.3M | $65.1M |
| Total current assets | $183.5M | $186.3M | $385.9M | $407.9M | $408.5M | $310.1M | $209.4M | $271.0M | $352.5M | $131.5M |
| Property, plant and equipment | $44.8M | $60.6M | $66.9M | $61.4M | $62.5M | $72.0M | $79.6M | $64.9M | $60.3M | $55.4M |
| Goodwill | $7.4M | $7.4M | $50.7M | $47.2M | $71.7M | $58.0M | $46.5M | $74.3M | $70.7M | $50.1M |
| Other intangibles | $125.9M | $181.7M | $202.3M | $269.3M | $273.1M | $266.1M | $269.3M | $277.2M | $277.9M | $233.8M |
| Total assets | $387.5M | $487.3M | $865.9M | $880.8M | $851.3M | $747.3M | $656.2M | $690.4M | $766.1M | $517.9M |
| Accounts payable | $20.0M | $16.2M | $8.9M | $75.2M | $58.8M | $49.7M | $11.5M | $14.7M | $23.7M | $6.1M |
| Short-term debt | $20.0M | — | $8.8M | $5.3M | $4.9M | $3.0M | $3.0M | $3.0M | $3.0M | $3.8M |
| Total current liabilities | $121.5M | $61.6M | $272.1M | $248.2M | $224.9M | $137.1M | $66.0M | $54.0M | $64.8M | $34.6M |
| Long-term debt | $147.1M | $187.0M | $197.9M | $207.3M | $207.4M | $210.5M | $213.0M | $240.5M | $292.5M | $286.7M |
| Total liabilities | $332.1M | $341.3M | $599.7M | $595.5M | $594.4M | $438.1M | $368.0M | $357.7M | $417.9M | $334.5M |
| Retained earnings | -$747.9M | -$668.7M | -$519.8M | -$504.4M | -$522.5M | -$551.8M | -$547.9M | -$528.2M | -$540.3M | -$718.4M |
| Total equity | $55.4M | $146.0M | $222.5M | $285.4M | $256.9M | $276.0M | $288.2M | $332.7M | $348.3M | $183.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.6M | $74.7M | $75.2M | $78.9M | $65.3M | $63.4M | $31.5M | $33.8M | $301.5M | $57.3M |
| Depreciation and amortisation | $10.5M | $14.1M | $13.3M | $12.5M | $13.5M | $13.3M | $10.6M | $10.1M | $10.5M | $11.8M |
| Stock-based compensation | $11.0M | $13.8M | $23.7M | $20.0M | $9.6M | $5.1M | $4.4M | $5.8M | $6.1M | $5.0M |
| Capital expenditure | $7.1M | $8.5M | $27.3M | $11.5M | $5.8M | $9.1M | $25.3M | $17.0M | $12.1M | $9.1M |
| Investing cash flow | -$6.1M | -$26.8M | -$16.0M | -$60.5M | $17.3M | $38.1M | $14.4M | -$159.5M | -$76.4M | -$9.6M |
| Financing cash flow | -$41.0M | -$57.7M | -$64.2M | -$92.8M | -$16.6M | -$15.5M | -$59.4M | -$88.6M | -$24.8M | -$34.1M |
| Dividends paid | $18.2M | $18.0M | $17.6M | $8.5M | $8.5M | $10.5M | $17.0M | $17.8M | $14.7M | $11.2M |
| Buybacks | — | — | $0 | $11.3M | — | $525.0K | $12.6M | $13.8M | $5.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-164200.
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