Overview
SBS
You might say this company is turning up the volume on Spanish radio. Spanish Broadcasting System (SBS) is one of the largest Spanish-language radio broadcasters in the US (along with Univision Radio and Entravision) with 20 stations in the US and Puerto Rico. Its radio stations serve such large markets as Chicago, Los Angeles, New York City, and Miami, reaching about half the US Hispanic population with music formats ranging from regional Mexican
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Read More to Spanish tropical. In addition, the company operates website LaMusica.com, and several TV stations that offer original and syndicated Spanish-language programming under the Mega TV brand. Chairman and CEO Rául Alarcón Jr. controls about 80% of SBS.
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Read More to Spanish tropical. In addition, the company operates website LaMusica.com, and several TV stations that offer original and syndicated Spanish-language programming under the Mega TV brand. Chairman and CEO Rául Alarcón Jr. controls about 80% of SBS.
Read Less
Raul Alarcon
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Radio and Television Broadcasting Stations
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Broadcasting and Content Providers
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Information
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Radio broadcasting stations, music format
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Big band
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Modelled
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Actual
$79.10 million
Actual
-5.85%
$391
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OTC:SBSAA
Contacts
Get in Touch with 7 Principals* and 132 Contacts
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Raul AlarconChairman of the Board and Chief Executive Officer
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Financial Data
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Financial data as of February 23, 2025 (12 month period) in USD
Annual Revenue
$79.10 million
USD
Modelled
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Net Operating Cash | -$2 | $8 | $8 |
Net Investing Cash | $0 | -$16 | -$3 |
Net Financing Cash | $ | $ | -$18 |
Net Change in Cash | -$1 | -$9 | -$12 |
Cash at Beginning of Period | $8 | $16 | $28 |
Cash at End of Period | $6 | $8 | $16 |
Capital Expenditure | -$4 | -$17 | -$3 |
Assets (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $6 | $8 | $16 |
Accounts Receivable | $38 | $43 | $48 |
Inventories | $ | $ | $ |
Other Current Assets | $36 | $34 | $8 |
Asset Summary | |||
Total Current Assets | $80 | $85 | $72 |
Tangible Fixed Assets | $29 | $30 | $41 |
Intangible Assets | $249 | $293 | $297 |
Total Assets | $392 | $442 | $445 |
Liabilities (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $4 | $3 | $2 |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $36 | $32 | $36 |
Liability Summary | |||
Total Current Liabilities | $40 | $35 | $39 |
Long-Term Debt | $306 | $304 | $302 |
Other Long-Term Liabilities | $4 | $4 | $4 |
Total Liabilities | $414 | $424 | $422 |
Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | -$675 | -$635 | -$630 |
Equity Summary | |||
Total Equity | -$22 | $18 | $23 |
Shares Outstanding | 8,549,799 | 8,549,799 | 7,382,231 |