Hemisphere Media Group, Inc. (HMTV) Financial Statements (2026 and earlier)

Company Profile

Business Address 4000 PONCE DE LEON BLVD., SUITE 650
CORAL GABLES, FL 33146
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments37,32949,47754,68072,439194,388134,471
Cash and cash equivalent37,32949,47754,68072,439194,388134,471
Receivables34,63733,73833,47337,93732,90935,955
Prepaid expense7,7557,767    
Disposal group, including discontinued operation      
Other current assets24,98723,519    
Other undisclosed current assets12,54211,86330,45222,53819,24118,542
Total current assets:117,250126,364118,605132,914246,538188,968
Noncurrent Assets
Operating lease, right-of-use asset1,9731,2811,4251,5441,6831,820
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization31,55831,55431,72833,03833,70931,798
Long-term investments and receivables19,65524,17124,95925,29033,15929,782
Long-term investments19,65524,17124,95925,29033,15929,782
Intangible asset, including goodwill, after accumulated amortization381,932388,176398,999401,871405,455231,714
Goodwill231,710231,710236,764309,774310,082165,597
Intangible asset, excluding goodwill, after accumulated amortization150,222156,466162,23592,09795,37366,117
Disposal group, including discontinued operation, noncurrent assets      
Deferred income tax assets      
Other noncurrent assets7,4457,4107,42911,48210,0494,333
Other undisclosed noncurrent assets26,72020,95520,72616,33012,41413,430
Total noncurrent assets:469,283473,547485,266489,555496,469312,877
TOTAL ASSETS:586,533599,911603,871622,469743,007501,845
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities48,18948,59056,83065,13253,18632,249
Taxes payable5821,3532,9524,8212,8642,233
Employee-related liabilities4,2167,0316,2234,7723,8695,934
Accounts payable12,62911,53311,60214,2615,8242,350
Accrued liabilities30,76228,67336,05341,27840,62921,732
Deferred revenue8,0357,400    
Debt2,6562,6562,6562,6862,6562,134
Disposal group, including discontinued operation      
Program rights obligations13,24212,97913,24516,31920,5167,626
Due to related parties2,0551,646690920215648
Other undisclosed current liabilities     123,605 
Total current liabilities:74,17773,27173,42185,057200,17842,657
Noncurrent Liabilities
Long-term debt and lease obligation246,575246,919247,261247,603247,946200,856
Long-term debt, excluding current maturities246,575246,919247,261247,603247,946200,856
Liabilities, other than long-term debt27,80130,17334,49328,30228,04026,846
Deferred income tax liabilities20,73722,42725,54519,50919,41019,306
Liability, pension and other postretirement and postemployment benefits2,9402,8952,9172,8722,8772,832
Disposal group, including discontinued operation, liabilities      
Other liabilities2,0392,0312,7943,3353,3393,932
Program rights obligations2,0852,8203,2372,5862,414776
Total noncurrent liabilities:274,376277,092281,754275,905275,986227,702
Total liabilities:348,553350,363355,175360,962476,164270,359
Equity
Equity, attributable to parent, including:302,806249,548248,696261,058266,339231,005
Additional paid in capital290,077288,703287,063285,373283,883279,800
Accumulated other comprehensive loss(395)(732)(1,169)(1,513)(1,843)(2,187)
Retained earnings13,12426,35227,56041,91248,19814,840
Other undisclosed equity, attributable to parent (64,775)(64,758)(64,714)(63,899)(61,448)
Equity, attributable to noncontrolling interest    449504481
Other undisclosed equity (64,826)     
Total equity:237,980249,548248,696261,507266,843231,486
TOTAL LIABILITIES AND EQUITY:586,533599,911603,871622,469743,007501,845

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Revenues48,79956,82250,79150,46037,57746,868
Cost of revenue(15,125)(16,954)(16,024)(14,798)(11,779)(13,788)
Gross profit:33,67439,86834,76735,66225,79833,080
Operating expenses(39,405)(34,446)(42,438)(30,608)(20,784)(17,952)
Other undisclosed operating income461533092,12452122
Operating income (loss):(5,685)5,575(7,362)7,1785,06615,250
Nonoperating income (expense)(7,936)(6,321)(5,960)(11,734)29,583(3,338)
Investment income, nonoperating (4,772)    (4,062)
Income (loss) from continuing operations before income taxes:(13,621)(746)(13,322)(4,556)34,64911,912
Income tax expense (benefit)393(462)(1,479)(1,785)(1,268)(3,119)
Income (loss) from continuing operations:(13,228)(1,208)(14,801)(6,341)33,3818,793
Income (loss) before gain (loss) on sale of properties:(13,228)(1,208)(14,801)(6,341)33,3818,793
Net income (loss):(13,228)(1,208)(14,801)(6,341)33,3818,793
Net income (loss) attributable to noncontrolling interest    55(23)785
Net income (loss) available to common stockholders, diluted:(13,228)(1,208)(14,801)(6,286)33,3589,578

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Net income (loss):(13,228)(1,208)(14,801)(6,341)33,3818,793
Other comprehensive income 337     
Other undisclosed comprehensive income  43734433034438
Comprehensive income (loss):(12,891)(771)(14,457)(6,011)33,7258,831
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    55(23)785
Comprehensive income (loss), net of tax, attributable to parent:(12,891)(771)(14,457)(5,956)33,7029,616

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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