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Urban One (UONE) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 27, 2025

Urban One (UONE) reported revenue of $117M for the fourth quarter 2024 (Q4 2024), -3% from a year earlier and +6% from the quarter before. Operating margin was -1.6%, net loss $35.4M (30.2% of revenue).

Revenue$117M
Year over year-3%
Quarter over quarter+6%
Operating margin-1.6%
Net earnings−$35.4M

Urban One, Q4 2024: revenue $117M (-3% year over year), operating margin -1.6%, net loss $35.4M, operating cash flow $35.6M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$117M+6%-3%
Operating profit−$1.9M——
Net earnings−$35.4M——
Operating cash flow$35.6M—+67%
Free cash flow$34.1M—+68%

What changed

Revenue was $117.1M in Q4 2024, down 3% year over year and up 6% from the previous quarter. Radio advertising was the largest line at 38% of revenue.

Operating costs exceeded revenue by $1.9M, an operating margin of -1.6%. Total costs grew 5% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+13%). The quarter ended with a net loss of $35.4M, wider than the previous quarter's $31.4M loss.

Operating cash flow was $35.6M (up 67% year over year). Non-cash charges added back $1.6M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $67.3M. Capital expenditures of $1.6M left free cash flow of $34.1M.

Questions

What was Urban One's revenue in the fourth quarter 2024?

Urban One (UONE) reported revenue of $117M for the fourth quarter 2024 (Q4 2024), -3% from a year earlier and +6% from the quarter before.

Was Urban One profitable in the fourth quarter 2024?

Operating loss was $1.9M (-1.6% of revenue) and net loss $35.4M.

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Source: Urban One 10-K on SEC EDGAR.