URBAN ONE, INC. (UONE) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K	10-K
Revenues:
Cable Television	209.9	197.0	181.6	185.0	184.3	187.5	191.8	183.6
Radio Broadcasting	156.7	140.2	130.6	177.5	182.8	176.7	186.1	197.4
Reach Media	43.1	46.4	31.0	44.7	43.0	45.5	52.3	54.8
Digital	78.5	59.9	35.6	31.9	31.6	30.8	26.2
Other								15.1
Total revenues	484.6	440.3	376.3	436.9	439.1	440.0	456.2	450.9
Revenue growth [+]	10.1%	17.0%	-13.9%	-0.5%	-0.2%	-3.5%	1.2%	2.1%
Cable Television	6.5%	8.5%	-1.9%	0.4%	-1.7%	-2.3%	4.5%	16.9%
Radio Broadcasting	11.7%	7.4%	-26.4%	-2.9%	3.4%	-5.1%	-5.7%	-7.3%
Reach Media	-7.1%	49.8%	-30.6%	4.0%	-5.6%	-13.0%	-4.5%	4.3%
Digital	31.0%	68.4%	11.5%	1.1%	2.7%	17.2%
Internet								-13.0%
Cost of goods sold	0.0	0.0	0.0	0.0	0.0	130.4	134.0	134.4
Gross profit	484.6	440.3	376.3	436.9	439.1	309.6	322.2	316.5
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	70.4%	70.6%	70.2%
Selling, general and administrative	216.6	193.4	146.8	193.4	185.6	193.7	198.5	203.7
Other selling, general and administrative
Equity in earnings
Other operating expenses	122.6	119.1	103.8	128.8	125.4
EBITDA [+]	145.4	127.8	125.7	114.7	128.1	115.9	123.7	112.7
EBITDA growth	13.7%	1.7%	9.6%	-10.5%	10.5%	-6.3%	9.7%	-1.1%
EBITDA margin	30.0%	29.0%	33.4%	26.2%	29.2%	26.3%	27.1%	25.0%
Depreciation	6.3	5.6	5.8	6.1	6.5	7.1	8.0	9.1
EBITA	139.1	122.2	119.9	108.6	121.6	108.8	115.6	103.7
EBITA margin	28.7%	27.8%	31.9%	24.9%	27.7%	24.7%	25.3%	23.0%
Amortization of intangibles	3.7	3.7	3.9	10.9	26.7	26.9	26.2	26.3
EBIT [+]	135.4	118.5	116.0	97.7	94.9	81.9	89.4	77.4
EBIT growth	14.2%	2.2%	18.7%	3.0%	15.9%	-8.5%	15.6%	0.3%
EBIT margin	27.9%	26.9%	30.8%	22.4%	21.6%	18.6%	19.6%	17.2%
Non-recurring items [+]	40.7	2.1	84.4	10.6	21.3	29.1	1.3	41.2
Asset impairment	40.7	2.1	84.4	10.6	21.3	29.1	1.3	41.2
Interest expense, net [+]	60.8	65.5	74.3	81.3	76.4	79.2	81.4	79.9
Interest expense	61.8	65.7	74.5	81.4	76.7	79.4	81.6	80.0
Interest income	0.9	0.2	0.2	0.2	0.2	0.2	0.2	0.1
Other income (expense), net [+]	22.8	1.2	1.7	7.1	6.2	15.8	3.6	-7.3
Gain (loss) on debt retirement	6.7	-6.9	-2.9		-1.8	-5.2	2.6	-7.1
Other	16.1	8.1	4.5	7.1	8.0	6.6	0.9	-0.2
Pre-tax income	56.7	52.1	-41.0	12.9	3.4	-10.7	10.3	-51.1
Income taxes	16.7	13.0	-34.5	10.9	-135.2	-123.2	9.6	15.1
Tax rate	29.5%	25.0%	84.0%	84.1%		1150.9%	93.0%
Minority interest	2.6	2.3	1.5	1.1	1.2	0.6	1.1	7.9
Net income	0.0	0.0	0.0	0.9	137.4	111.9	-0.4	-74.0
Net margin	0.0%	0.0%	0.0%	0.2%	31.3%	25.4%	-0.1%	-16.4%

Basic EPS [+]	$0.00	$0.00	$0.00	$0.02	$3.01	$2.37	($0.01)	($1.54)
Growth	6.7%	-464.1%	-100.0%	-99.3%	26.9%	-26974.2%	-99.4%	16.9%
Diluted EPS [+]	$0.00	$0.00	$0.00	$0.02	$2.86	$2.25	($0.01)	($1.54)
Growth	8.0%	-437.4%	-100.0%	-99.3%	27.0%	-25640.4%	-99.4%	16.9%

Shares outstanding (basic) [+]	48.9	50.2	45.0	44.7	45.6	47.2	47.9	48.0
Growth	-2.5%	11.4%	0.8%	-2.1%	-3.2%	-1.6%	-0.2%	1.1%
Shares outstanding (diluted) [+]	52.2	54.1	45.0	47.9	48.0	49.6	47.9	48.0
Growth	-3.6%	20.2%	-6.0%	-0.2%	-3.3%	3.6%	-0.2%	1.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.