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Urban One Inc
NASDAQ:UONEK

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Urban One Inc
NASDAQ:UONEK
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Price: 5.2301 USD Market Closed
Market Cap: $23.5m

Urban One Inc
Investor Relations

Urban One Inc is a US-based company operating in Media industry. The company is headquartered in Silver Spring, Maryland and currently employs 825 full-time employees. Urban One, Inc. is an urban-oriented, multi-media company. The Company’s core business is its radio broadcasting franchise, which is a radio broadcasting operation that primarily targets African American and urban listeners. Its segment includes radio broadcasting, cable television, Reach Media, and digital. The firm owns and/or operates approximately 64 independently formatted broadcast stations, including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations it operates) located in 13 African American markets in the United States. Its Reach Media segment, a syndicated radio unit, launches syndicated radio shows, including the Rickey Smiley Morning Show, Get Up! Mornings with Erica Campbell, the Russ Parr Morning Show, and the DL Hughley Show. Its core radio broadcasting franchise operates under the brand Radio One. The company also operates other brands, such as TV One, CLEO TV, Radio One, Reach, iOne Digital, One Solution, R1 Digital, One VIP, and Interactive One.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 12, 2026
AI Summary
Q4 2025

Results: Consolidated net revenue was $97.8 million, down 16.5% year‑over‑year; consolidated adjusted EBITDA was $15.6 million, down 41.8%.

Profitability: The company reported a net loss of $54.4 million, or $12.24 per share, versus a loss of $35.7 million, or $7.81 per share a year earlier.

Radio weakness: Radio revenue declined to $35.1 million, down 26.5% YoY (down 10.1% excluding political); local and national ad categories underperformed their markets.

Cable pressures but ratings improving: Cable TV revenue was $34.9 million, down 16.8%; prime delivery for persons 25–54 fell ~20% QoQ, but management said ratings are improving.

Balance sheet action: Closed a large debt tender/exchange (tendered $185 million of 2028 notes at 60%), issued new notes, reduced long‑term debt materially and upsized ABL — company says capital structure is stabilized.

Leverage and liquidity: Reported net debt of approximately $347.9 million and LTM adjusted EBITDA of $56.7 million, implying net leverage of 6.14x; unrestricted cash was $25.5 million as of Dec 31, 2025.

2026 outlook: Management reiterated prior 2026 EBITDA guidance of $70 million and is holding off any update until after Q1 results.

Key Financials
Consolidated net revenue
$97.8 million
Consolidated adjusted EBITDA
$15.6 million
Net loss
$54.4 million
Loss per share
$12.24 per share
Radio net revenue
$35.1 million
Reach Media net revenue
$13.8 million
Reach Media adjusted EBITDA
$0.9 million
Digital net revenue
$14.7 million
Digital adjusted EBITDA
$1.8 million
Cable television revenue
$34.9 million
Total television advertising revenue
down 21.8%
Prime delivery (persons 25–54)
declined approximately 20% QoQ
Operating expenses (ex D&A, SBC, impairments)
$90.2 million
Noncash impairment charges
$55.3 million
Interest expense (P&L)
$8.7 million
Cash interest paid
$13.4 million
Capital expenditures (quarter)
$3.2 million
Unrestricted cash
$25.5 million
Outstanding long‑term debt (post transactions)
$363.4 million; later referenced $373.4 million and a current balance of $359.1 million
Net debt
$347.9 million
LTM reported adjusted EBITDA
$56.7 million
Net leverage ratio
6.14x
2026 adjusted EBITDA guidance
$70 million
Other Earnings Calls

Management

Ms. Catherine L. Hughes
Founder, Chairperson of the Board & Secretary
No Bio Available
Mr. Alfred C. Liggins III
CEO, President, Treasurer & Director
No Bio Available
Mr. Peter D. Thompson
Executive VP & CFO
No Bio Available
Mr. Anthony W. Spinelli
Chief Information Officer
No Bio Available
Ms. Karen Wishart
Executive VP & Chief Administrative Officer
No Bio Available
Mr. C. Kristopher Simpson
Senior VP & General Counsel
No Bio Available
Ms. Laura Clark
Senior Vice President of Political & Governmental Sales
No Bio Available
Mr. David M. Kantor
Chief Executive Officer of Radio One & Reach Media Divisions
No Bio Available
Mr. Josh Rahmani
Chief Revenue Officer of Radio One & Reach Media Divisions
No Bio Available
Mr. Colby Tyner
Senior Vice President of Programming Radio One & Reach Media
No Bio Available

Contacts

Address
MARYLAND
Silver Spring
1010 Wayne Ave Fl 14
Contacts
+13014293200.0
urban1.com
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