Versant Media Group, Inc. VSNT

Communication services SIC 4833 - Television Broadcasting Stations NAICS Information › Broadcasting and Content Providers › Radio and Television Broadcasting Stations › Television Broadcasting Stations derived Nasdaq

Versant is a media and entertainment business that operates in four core markets: political news and opinion, business news and personal finance, golf and athletics participation and sports and genre entertainment. We serve these markets primarily through a strong portfolio of brands comprised of television networks operating primarily in the United States, including MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY and Oxygen, and our complementary digital platforms GolfNow, Fandango and Rotten Tomatoes.

We produce, license and acquire content that we distribute through a variety of outlets, including our networks and digital platforms, delivering value to key constituents: the viewing audience, paying subscribers, advertisers, distributors and licensing counterparties. We generate revenue primarily through distributing our networks, selling advertising across our brands, providing services through our digital platforms and content licensing. We present our operations in one reportable business segment.

Last close 31.43 2026-10-23
Market cap $4.42B estimated share count
52-week range 27.17 - 45.65

Valuation FY2025 figures against the last close

P/S0.7x
P/E—
P/FCF2.4x
EV/EBITDA4.0x
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $6.69B$7.06B$7.45B—
SG&A $1.47B$1.17B$1.23B—
Total operating expenses $5.42B$5.22B$5.38B—
Operating income $1.27B$1.84B$2.07B—
Interest expense $13.0M$0$0—
Pre-tax income $1.23B$1.84B$2.07B—
Income tax $297.0M$478.0M$530.0M—
Net income $930.0M$1.36B$1.54B—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $55.0M$8.0M$23.0M$11.0M
Receivables $1.15B$1.25B——
Total current assets $2.50B$1.32B——
Property, plant and equipment $423.0M$143.0M——
Goodwill $7.61B$7.73B$7.73B—
Other intangibles $924.0M$1.87B——
Total assets $12.33B$12.05B——
Accounts payable $151.0M$102.0M——
Total current liabilities $622.0M$590.0M——
Long-term debt $983.0M$0——
Total equity $10.29B$10.80B$11.68B—

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $2.02B$2.21B$2.43B—
Depreciation and amortisation $67.0M$63.0M$67.0M—
Stock-based compensation $29.0M$16.0M$15.0M—
Capital expenditure $167.0M$54.0M$56.0M—
Investing cash flow -$155.0M-$71.0M-$60.0M—
Financing cash flow -$782.0M-$2.15B-$2.35B—

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 0002067876-26-000010.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B 8B Revenue, FY2023: 7.4B Net income, FY2023: 1.5B Revenue, FY2024: 7.1B Net income, FY2024: 1.4B Revenue, FY2025: 6.7B Net income, FY2025: 930M FY2022 FY2023 FY2024 FY2025
Fiscal year FY2022FY2023FY2024FY2025
Revenue — $7.45B $7.06B $6.69B
Gross profit — — — —
Net income — $1.54B $1.36B $930.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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