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 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.17M | $48.80M | - | $50.79M | $50.46M | $37.58M | - | $37.17M | $34.73M | $32.41M |
| Cost of Revenue | $18.35M | $15.13M | - | $16.02M | $14.80M | $11.78M | - | $10.99M | $12.56M | $10.97M |
| Gross Profit | $35.83M | $33.67M | - | $34.77M | $35.66M | $25.80M | - | $26.18M | $22.18M | $21.44M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $25.91M | $30.66M | - | $31.16M | $24.91M | $11.39M | - | $10.82M | $10.21M | $11.23M |
| Total Operating Expenses | $56.44M | $54.48M | - | $58.15M | $43.28M | $32.51M | - | $23.75M | $25.77M | $28.34M |
| D&A | $3.33M | $7.63M | - | $10.86M | $4.34M | $2.67M | - | $2.77M | $2.79M | $3.13M |
| Operating Income | ($2.26M) | ($5.68M) | - | ($7.36M) | $7.18M | $5.07M | - | $13.42M | $8.96M | $4.07M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $819.0K | ($393.0K) | - | $1.48M | $1.78M | $1.27M | - | $4.66M | $2.88M | ($1.68M) |
| Net Income | ($3.91M) | ($13.23M) | - | ($14.80M) | ($6.29M) | $33.36M | - | $5.30M | ($6.68M) | ($9.43M) |
| EPS - Basic | ($0.10) | ($0.33) | - | ($0.37) | ($0.16) | $0.85 | - | $0.13 | ($0.17) | ($0.24) |
| EPS - Diluted | ($0.10) | ($0.33) | - | ($0.37) | ($0.16) | $0.84 | - | $0.13 | ($0.17) | ($0.24) |
Balance Sheet
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.89M | $37.33M | $49.48M | $54.68M | $72.44M | $194.39M | $134.47M | $117.74M | $104.98M | $95.01M |
| Accounts Receivable | $27.08M | $34.64M | $33.74M | $33.47M | $37.94M | $32.91M | $35.95M | $31.96M | $31.68M | $29.21M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $2.56M | $12.63M | $11.53M | $11.60M | $14.26M | $5.82M | $2.35M | $5.52M | $5.05M | $2.54M |
| Current Assets | $115.61M | $117.25M | $126.36M | $118.61M | $132.91M | $246.54M | $188.97M | $169.21M | $156.38M | $148.84M |
| Total Assets | $590.52M | $586.53M | $599.91M | $603.87M | $622.47M | $743.01M | $501.85M | $492.67M | $481.00M | $487.03M |
| Current Liabilities | $79.05M | $74.18M | $73.27M | $73.42M | $85.06M | $200.18M | $42.66M | $41.83M | $36.48M | $36.54M |
| Long-term Debt | $246.23M | $246.57M | $246.92M | $247.26M | $247.60M | $247.95M | $200.86M | $201.24M | $201.63M | $202.02M |
| Total Liabilities | $355.65M | $348.55M | $350.36M | $355.18M | $360.96M | $476.16M | $270.36M | $270.93M | $266.16M | $266.51M |
| Stockholders' Equity | $234.88M | $237.98M | $249.55M | $248.70M | $261.06M | $266.34M | $231.00M | $220.48M | $213.50M | $219.25M |
| Retained Earnings | $9.21M | $13.12M | $26.35M | $27.56M | $41.91M | $48.20M | $14.84M | $5.26M | ($35.0K) | $6.65M |
Cash Flow
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($9.83M) | - | - | - | $17.78M | - | - | - | $10.18M |
| Investing Cash Flow | - | ($1.60M) | - | - | - | ($2.24M) | - | - | - | ($6.79M) |
| Financing Cash Flow | - | ($715.0K) | - | - | - | $44.38M | - | - | - | ($534.0K) |
| CapEx | - | $1.37M | - | - | - | $2.41M | - | - | - | $349.0K |
| Free Cash Flow | - | ($11.20M) | - | - | - | $15.37M | - | - | - | $9.83M |
Ratios
| Metric | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 66.1% | 69.0% | - | 68.5% | 70.7% | 68.7% | - | 70.4% | 63.8% | 66.2% |
| Operating margin | -4.2% | -11.6% | - | -14.5% | 14.2% | 13.5% | - | 36.1% | 25.8% | 12.5% |
| EBITDA margin | 2.0% | 4.0% | - | 6.9% | 22.8% | 20.6% | - | 43.6% | 33.9% | 22.2% |
| Net margin | -7.2% | -27.1% | - | -29.1% | -12.5% | 88.8% | - | 14.2% | -19.2% | -29.1% |
| Free cash flow margin | - | -23.0% | - | - | - | 40.9% | - | - | - | 30.3% |
| FCF / Net income | - | 0.85 | - | - | - | 0.46 | - | - | - | -1.04 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 47.8% | 62.8% | - | 61.4% | 49.4% | 30.3% | - | 29.1% | 29.4% | 34.7% |
| Effective tax rate | - | - | - | - | - | 3.7% | - | 46.8% | - | - |
| Return on assets | -0.7% | -2.3% | - | -2.5% | -1.0% | 4.5% | - | 1.1% | -1.4% | -1.9% |
| Return on equity | -1.7% | -5.6% | - | -6.0% | -2.4% | 12.5% | - | 2.4% | -3.1% | -4.3% |
| Return on invested capital | -0.4% | -0.9% | - | -1.2% | 1.1% | 0.9% | - | 1.7% | 1.7% | 0.8% |
| Liquidity | ||||||||||
| Current ratio | 1.46 | 1.58 | 1.72 | 1.62 | 1.56 | 1.23 | 4.43 | 4.05 | 4.29 | 4.07 |
| Quick ratio | 1.46 | 1.58 | 1.72 | 1.62 | 1.56 | 1.23 | 4.43 | 4.05 | 4.29 | 4.07 |
| Cash ratio | 0.37 | 0.50 | 0.68 | 0.74 | 0.85 | 0.97 | 3.15 | 2.81 | 2.88 | 2.60 |
| Leverage | ||||||||||
| Debt / Equity | 1.05 | 1.04 | 0.99 | 0.99 | 0.95 | 0.93 | 0.87 | 0.91 | 0.94 | 0.92 |
| Debt / Assets | 0.42 | 0.42 | 0.41 | 0.41 | 0.40 | 0.33 | 0.40 | 0.41 | 0.42 | 0.41 |
| Debt / EBITDA | 229.91 | 126.84 | - | 70.67 | 21.50 | 32.07 | - | 12.43 | 17.15 | 28.07 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.51 | 2.46 | 2.40 | 2.43 | 2.38 | 2.79 | 2.17 | 2.23 | 2.25 | 2.22 |
| Liabilities / Assets | 0.60 | 0.59 | 0.58 | 0.59 | 0.58 | 0.64 | 0.54 | 0.55 | 0.55 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | 0.08 | - | 0.08 | 0.08 | 0.05 | - | 0.08 | 0.07 | 0.07 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 182d | 259d | - | 241d | 274d | 320d | - | 314d | 333d | 329d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 51d | 305d | - | 264d | 352d | 180d | - | 183d | 147d | 84d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | 29.9% | - | 36.6% | 45.3% | 15.9% | - | 3.7% | -11.3% | -7.7% |
| Revenue CAGR (3y) | 11.4% | 11.6% | - | 16.4% | 13.2% | 4.3% | - | 4.9% | -0.4% | -0.8% |
| Revenue CAGR (5y) | 9.0% | 8.0% | - | 8.9% | 7.6% | 3.9% | - | 3.4% | 1.3% | 1.9% |
| Gross profit growth (YoY) | 0.5% | 30.5% | - | 32.8% | 60.8% | 20.3% | - | 3.1% | -20.3% | -13.9% |
| Operating income growth (YoY) | - | - | - | - | -19.9% | 24.6% | - | 26.9% | -36.4% | -63.6% |
| Net income growth (YoY) | 37.8% | - | - | - | 5.9% | - | - | - | -183.4% | -459.2% |
| EPS growth (YoY) | 37.5% | - | - | - | 5.9% | - | - | - | -183.3% | -500.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | 86.6% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | 69.5% | - | 13.2% | - | - |
| FCF growth (YoY) | - | - | - | - | - | 56.3% | - | - | - | 92.5% |
| FCF CAGR (5y) | - | - | - | - | - | 90.8% | - | - | - | 11.1% |
| Book value growth (YoY) | -10.0% | -10.6% | 8.0% | 12.8% | 22.3% | 21.5% | 0.8% | -2.0% | -5.7% | -4.7% |
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%
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.