UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________ FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 Commission File Number: 000-29253 BEASLEY BROADCAST GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 65-0960915 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3033 Riviera Drive, Suite 200 Naples, ...

Exhibit 99.1 Conference Call and Webcast Today, May 7, 2025 at 11:00 a.m. ET +1 (646) 307-1952 or (888) 672-2415, conference ID 1613596 or www.bbgi.com Replay information provided below CONTACT: Heidi Raphael Ilana Goldstein Chief Communications Officer Director, IR & Corp. Dev. Beasley Broadcast Group, Inc. Beasley Broadcast Group, Inc. 239/263-5000 or Heidi.raphael@bbgi.com 212/835-8500 or ilana@bbgi.com BEASLEY BROADCAST GROUP REPORTS FIRST QUARTER REVENUE OF $48.9 MILLION First Quarter Financial Highlig ...

Beasley Broadcast Group (BBGI) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Speaker0 Good morning, and welcome to Beasley Broadcast Group First Quarter twenty twenty five Earnings Call. Before proceeding, I would like to emphasize that today's conference call and webcast will contain forward looking statements about our future performance and results of operations that involve risks and uncertainties described in the Risk Factors section of our most recent annual report on Form 10 ks as supplemented by ou ...

Q 1 2 0 2 5 E A R N I NG S P R E S E N TAT I O N M A Y 2 0 2 5 Disclaimer Forward-Looking Statements and Non-GAAP Financial Measures This presentation includes certain financial measures that have not been prepared in a manner that complies with generally accepted accounting principles in the United States ("GAAP"), including, without limitation, EBITDA, Station Operating Income ("SOI", and "SOI Margin") (collectively, the "non-GAAP financial measures"). These non-GAAP financial measures are not measures of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 BEASLEY BROADCAST GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 65-0960915 (State or other jurisdiction of incorporation or organization) 3033 Riviera Drive, Suite 200 Naples, Florida 34103 (Address of principal executive offices and Zip Co ...

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Q4 2024 Earnings Conference Call March 20, 2025 11:00 AM ET Company Participants Caroline Beasley - Chief Executive Officer Lauren Burrows Coleman - Chief Financial Officer Operator Good morning, and welcome to Beasley Broadcast Group Fourth Quarter and Full Year 2024 Earnings Call. Before proceeding, I would like to emphasize that today's conference call and webcast will contain forward-looking statements about our future performance and results of operations tha ...

Financial Performance - Beasley Broadcast Group reported fourth quarter revenue of $67.3 million, a 2.3% increase from $65.7 million in Q4 2023[3]. - The company generated $8.3 million in political revenue during Q4 2024, which helped offset declines in commercial advertising[6]. - Operating income remained steady at $7.6 million for both Q4 2024 and Q4 2023, despite the absence of a one-time gain in Q4 2023[7]. - Beasley reported a net loss of $2.1 million, or $1.17 per diluted share, compared to a net income of $6.4 million, or $4.25 per diluted share, in the prior year[8]. - Net revenue for the three months ended December 31, 2024, was $67.29 million, a 2.34% increase from $65.75 million in the same period of 2023[25]. - The company reported a net loss of $(2.06) million for the three months ended December 31, 2024, compared to a net income of $6.38 million in the same period of 2023[25]. - Basic net income (loss) per share for the three months ended December 31, 2024, was $(1.17), compared to $4.26 in 2023[25]. Revenue Breakdown - Digital revenue accounted for 17.1% of net revenue, totaling $11.5 million, reflecting a 4.1% year-over-year decline[5]. - Digital revenue grew 2.9% year-over-year to $46.7 million, accounting for 19.4% of net revenue[12]. - Local revenue, including digital packages sold locally, represented 71% of net revenue in FY 2024[5]. Expense Management - EBITDA per Indenture for Q4 2024 was $12.5 million, up from $6.2 million in Q4 2023, due to disciplined expense management[9]. - The company achieved approximately $20.0 million in annualized expense reductions, improving its leverage profile and financial flexibility[10]. - Total operating expenses decreased to $59.70 million for the three months ended December 31, 2024, down from $58.17 million in 2023, reflecting a reduction of 2.63%[25]. - The company incurred severance expenses of $1.20 million for the three months ended December 31, 2024, compared to $0.23 million in the same period of 2023, indicating a significant increase in restructuring costs[31]. Cash Flow and Debt - Net cash used in operating activities improved to $(3.71) million for the twelve months ended December 31, 2024, compared to $(4.68) million in 2023, indicating a 20.6% reduction in cash outflow[29]. - Cash and cash equivalents decreased to $13.77 million as of December 31, 2024, down from $26.73 million in 2023, representing a decline of 48.6%[27]. - Long-term debt decreased to $247.12 million as of December 31, 2024, from $264.20 million in 2023, reflecting a reduction of 6.5%[27]. Future Outlook - Beasley aims to drive sustainable revenue growth and expand digital offerings while optimizing its sales approach in 2025[10]. - Adjusted EBITDA for the twelve months ended December 31, 2024, was $25.84 million, an increase of 17.5% compared to $21.97 million in 2023[31]. - Total assets decreased to $549.21 million as of December 31, 2024, from $574.27 million in 2023, a decline of 4.37%[27].

NAPLES, Fla., March 20, 2025 /PRNewswire/ -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) ("Beasley" or the "Company"), a multi-platform media company, today announced operating results for the three months and year ended December 31, 2024. For further information, the Company has posted a presentation to its website regarding the fourth quarter and fiscal year highlights and accomplishments that management will review on today's conference call. Conference Call and Webcast Today, March 20, 2025 at 11:00 ...

Core Viewpoint - Beasley Broadcast Group, Inc. will report its 2024 full-year financial results on March 20, 2025, and will host a conference call to discuss these results [1]. Group 1: Financial Reporting - The company will announce its financial results before the market opens on March 20, 2025 [1]. - A conference call and webcast will take place at 11:00 a.m. ET on the same day to review the results [1]. Group 2: Accessing the Conference Call - Interested parties can join the conference call by dialing (888) 672-2415 or +1 (646) 307-1963, using conference ID 1613596 [2]. - A live webcast will also be available on the company's website, with a replay accessible for five days post-event [2]. Group 3: Company Overview - Beasley Broadcast Group, Inc. was founded in 1961 and owns 57 AM and FM stations across 10 markets in the United States [4]. - The company's radio stations reach over 20 million unique consumers weekly through various platforms, including over-the-air, online, and mobile devices [4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________ FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-29253 BEASLEY BROADCAST GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 65-0960915 (St ...