HMTV · Hemisphere Media Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $195.65M | $50.35M | $149.39M | $124.46M | $124.46M | $138.53M |
| Cost of Revenue | $59.55M | $48.31M | $43.14M | $42.17M | $39.97M | $41.29M |
| Gross Profit | $136.09M | $2.04M | $106.25M | $82.29M | $84.50M | $97.23M |
| R&D | - | - | - | - | - | - |
| SG&A | $93.81M | $44.65M | $44.76M | $44.50M | $39.44M | $38.33M |
| Total Operating Expenses | $185.19M | $109.48M | $100.14M | $102.35M | $99.11M | $98.50M |
| D&A | $25.50M | $11.47M | $12.53M | $16.08M | $16.23M | $16.61M |
| Operating Income | $10.46M | ($28.51M) | $49.24M | $44.73M | $25.36M | $40.02M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $4.99M | $8.99M | $12.09M | $10.27M | $18.71M | $10.37M |
| Net Income | $11.06M | ($1.24M) | ($3.37M) | ($10.91M) | ($13.44M) | $18.00M |
| EPS - Basic | $0.28 | ($0.03) | ($0.09) | ($0.28) | ($0.33) | $0.43 |
| EPS - Diluted | $0.28 | ($0.03) | ($0.09) | ($0.28) | ($0.33) | $0.43 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.48M | $134.47M | $92.15M | $94.48M | $124.30M | $163.09M |
| Accounts Receivable | $33.74M | $35.95M | $29.27M | $30.84M | $20.01M | $25.57M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $11.53M | $2.35M | $1.93M | $2.52M | $3.46M | $3.52M |
| Current Assets | $126.36M | $188.97M | $145.74M | $144.82M | $166.72M | $203.51M |
| Total Assets | $599.91M | $501.85M | $492.79M | $501.27M | $497.89M | $530.44M |
| Current Liabilities | $73.27M | $42.66M | $34.19M | $39.92M | $31.61M | $30.05M |
| Long-term Debt | $246.92M | $200.86M | $202.41M | $203.96M | $205.51M | $210.27M |
| Total Liabilities | $350.36M | $270.36M | $262.12M | $267.87M | $258.98M | $261.10M |
| Stockholders' Equity | $249.55M | $231.00M | $229.28M | $231.91M | $238.90M | $269.34M |
| Retained Earnings | $26.35M | $14.84M | $16.07M | $19.50M | $30.40M | $43.84M |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.48M | $55.98M | $35.62M | $36.79M | $27.66M | $27.45M |
| Investing Cash Flow | ($130.98M) | ($10.59M) | ($33.74M) | ($61.63M) | ($3.49M) | ($3.49M) |
| Financing Cash Flow | $41.51M | ($3.07M) | ($4.20M) | ($4.99M) | ($40.60M) | ($40.39M) |
| CapEx | $4.16M | $2.39M | $5.38M | $10.63M | $2.50M | $3.39M |
| Free Cash Flow | $324.0K | $53.59M | $30.24M | $26.16M | $25.16M | $24.05M |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 69.6% | 4.1% | 71.1% | 66.1% | 67.9% | 70.2% |
| Operating margin | 5.3% | -56.6% | 33.0% | 35.9% | 20.4% | 28.9% |
| EBITDA margin | 18.4% | -33.8% | 41.4% | 48.9% | 33.4% | 40.9% |
| Net margin | 5.7% | -2.5% | -2.3% | -8.8% | -10.8% | 13.0% |
| Free cash flow margin | 0.2% | 106.4% | 20.2% | 21.0% | 20.2% | 17.4% |
| FCF / Net income | 0.03 | -43.40 | -8.98 | -2.40 | -1.87 | 1.34 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 47.9% | 88.7% | 30.0% | 35.8% | 31.7% | 27.7% |
| Effective tax rate | 31.1% | 115.9% | 138.6% | - | 355.0% | 36.6% |
| Return on assets | 1.8% | -0.2% | -0.7% | -2.2% | -2.7% | 3.4% |
| Return on equity | 4.4% | -0.5% | -1.5% | -4.7% | -5.6% | 6.7% |
| Return on invested capital | 1.5% | -3.3% | 5.7% | 8.1% | 2.9% | 5.3% |
| Liquidity | ||||||
| Current ratio | 1.72 | 4.43 | 4.26 | 3.63 | 5.27 | 6.77 |
| Quick ratio | 1.72 | 4.43 | 4.26 | 3.63 | 5.27 | 6.77 |
| Cash ratio | 0.68 | 3.15 | 2.70 | 2.37 | 3.93 | 5.43 |
| Leverage | ||||||
| Debt / Equity | 0.99 | 0.87 | 0.88 | 0.88 | 0.86 | 0.78 |
| Debt / Assets | 0.41 | 0.40 | 0.41 | 0.41 | 0.41 | 0.40 |
| Debt / EBITDA | 6.87 | - | 3.28 | 3.35 | 4.94 | 3.71 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 2.40 | 2.17 | 2.15 | 2.16 | 2.08 | 1.97 |
| Liabilities / Assets | 0.58 | 0.54 | 0.53 | 0.53 | 0.52 | 0.49 |
| Efficiency | ||||||
| Asset turnover | 0.33 | 0.10 | 0.30 | 0.25 | 0.25 | 0.26 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 63d | 261d | 72d | 90d | 59d | 67d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 71d | 18d | 16d | 22d | 32d | 31d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 288.5% | -66.3% | 20.0% | 0.0% | -10.2% | 6.7% |
| Revenue CAGR (3y) | 16.3% | -26.0% | 2.5% | -1.4% | 3.6% | 24.7% |
| Revenue CAGR (5y) | 7.1% | -17.3% | 5.9% | 11.8% | - | - |
| Gross profit growth (YoY) | 6555.0% | -98.1% | 29.1% | -2.6% | -13.1% | 9.7% |
| Operating income growth (YoY) | - | - | 10.1% | 76.4% | -36.6% | 14.8% |
| Net income growth (YoY) | - | 63.3% | 69.1% | 18.8% | - | 31.0% |
| EPS growth (YoY) | - | 66.7% | 67.9% | 15.2% | - | 38.7% |
| EPS CAGR (3y) | - | - | - | - | - | -96.6% |
| EPS CAGR (5y) | -8.2% | - | - | - | - | - |
| FCF growth (YoY) | -99.4% | 77.2% | 15.6% | 4.0% | 4.6% | -34.7% |
| FCF CAGR (5y) | -57.7% | 7.8% | 8.3% | 15.6% | - | - |
| Book value growth (YoY) | 8.0% | 0.8% | -1.1% | -2.9% | -11.3% | -3.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$195.65M totalSubscriber Revenue$117.04M · 59.8%
Advertising Revenue$72.54M · 37.1%
Other Revenue$6.07M · 3.1%
Stability scores
Altman Z′
FY 2021 · bankruptcy risk
0.78
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2021 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Cable & Other Pay Television Services
Comparing HEMISPHERE MEDIA GROUP against the 5 most active filers in the same SIC group.