Salem Media Group, Inc.

SALM · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$237,560$258,653$266,966$258,247
% Growth-8.2%-3.1%3.4%
Cost of Goods Sold$224,540$242,386$219,884$202,737
Gross Profit$13,020$16,267$47,082$55,510
% Margin5.5%6.3%17.6%21.5%
R&D Expenses$0$0$0$2,600
G&A Expenses$0$0$18,557$17,483
SG&A Expenses$19,124$18,876$18,557$17,483
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0$12,611-$2,600
Operating Expenses$19,124$18,876$31,168$17,483
Operating Income-$6,104-$2,609$15,914$25,319
% Margin-2.6%-1%6%9.8%
Other Income/Exp. Net$14,457-$58,087-$19,542$15,556
Pre-Tax Income$8,353-$60,696-$3,628$40,755
Tax Expense-$7,826-$17,384-$392-$759
Net Income$16,179-$43,312-$3,236$41,514
% Margin6.8%-16.7%-1.2%16.1%
EPS0.59-1.59-0.121.54
% Growth137.1%-1,225%-107.8%
EPS Diluted0.58-1.59-0.121.52
Weighted Avg Shares Out27,21727,21726,96726,893
Weighted Avg Shares Out Dil27,86027,21727,20627,297
Supplemental Information
Interest Income$35$60$171$10
Interest Expense$14,902$14,283$13,060$15,799
Depreciation & Amortization$11,965$13,635$12,611$21,541
EBITDA$35,220-$32,778$22,043$78,095
% Margin14.8%-12.7%8.3%30.2%