Saga Communications Inc. (SGA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
73 KERCHEVAL AVE GROSSE POINTE FARMS, MI 48236 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4832 - Radio Broadcasting Stations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27,787 | 40,177 | 46,925 | 54,760 | 51,353 | 44,034 | |||
| Cash and cash equivalent | 18,860 | 29,582 | 36,802 | 54,760 | 51,353 | 44,034 | |||
| Short-term investments | 8,927 | 10,595 | 10,123 | ||||||
| Receivables | 15,941 | 17,173 | 17,440 | 16,269 | 15,732 | 18,962 | |||
| Deferred costs | 94 | 130 | 166 | 17 | 64 | 104 | |||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current assets | 3,264 | 3,164 | 3,328 | 3,403 | 3,819 | 3,620 | |||
| Total current assets: | 47,086 | 60,644 | 67,859 | 74,449 | 70,968 | 66,720 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 51,907 | 51,405 | 53,198 | 53,344 | 54,885 | 58,711 | |||
| Intangible asset, including goodwill, after accumulated amortization | 110,726 | 109,476 | 109,543 | 109,486 | 109,314 | 114,274 | |||
| Goodwill | 19,229 | 19,236 | 19,236 | 19,209 | 19,106 | 18,963 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 91,497 | 90,240 | 90,307 | 90,277 | 90,208 | 95,311 | |||
| Other noncurrent assets | 12,006 | 10,688 | 10,153 | 10,653 | 11,321 | 12,689 | |||
| Total noncurrent assets: | 174,639 | 171,569 | 172,894 | 173,483 | 175,520 | 185,674 | |||
| TOTAL ASSETS: | 221,725 | 232,213 | 240,753 | 247,932 | 246,488 | 252,394 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,086 | 9,282 | 9,013 | 18,295 | 13,139 | 16,349 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 3,988 | 1,797 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 6,202 | 5,660 | 7,439 | ||
| Accounts payable | 3,080 | 2,802 | 2,654 | 2,347 | 2,212 | 2,117 | |||
| Accrued liabilities | 7,006 | 6,480 | 6,359 | 5,758 | 5,267 | 4,996 | |||
| Deferred revenue | 930 | 924 | 987 | 901 | 795 | 1,152 | |||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current liabilities | 5,542 | 17,823 | 19,377 | ||||||
| Total current liabilities: | 16,558 | 28,029 | 29,377 | 19,196 | 13,934 | 17,501 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,000 | 10,000 | 10,000 | ||||||
| Long-term debt, excluding current maturities | 5,000 | 10,000 | 10,000 | ||||||
| Liabilities, other than long-term debt | 34,245 | 33,635 | 32,847 | 31,817 | 32,012 | 32,541 | |||
| Deferred income tax liabilities | 26,007 | 26,122 | 25,737 | 24,802 | 24,607 | 25,152 | |||
| Other liabilities | 8,238 | 7,513 | 7,110 | 7,015 | 7,405 | 7,389 | |||
| Total noncurrent liabilities: | 39,245 | 33,635 | 32,847 | 31,817 | 42,012 | 42,541 | |||
| Total liabilities: | 55,803 | 61,664 | 62,224 | 51,013 | 55,946 | 60,042 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 165,922 | 170,549 | 178,529 | 196,919 | 190,542 | 192,352 | |||
| Common stock | |||||||||
| Treasury stock, value | (36,710) | (36,895) | (37,109) | (37,439) | (37,425) | (37,358) | |||
| Additional paid in capital | 74,334 | 72,593 | 71,664 | 70,035 | 68,900 | 66,811 | |||
| Retained earnings | 128,216 | 134,771 | 143,896 | 164,246 | 158,990 | 162,822 | |||
| Other undisclosed equity, attributable to parent | 82 | 80 | 78 | 77 | 77 | 77 | |||
| Total equity: | 165,922 | 170,549 | 178,529 | 196,919 | 190,542 | 192,352 | |||
| TOTAL LIABILITIES AND EQUITY: | 221,725 | 232,213 | 240,753 | 247,932 | 246,488 | 252,394 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 112,919 | 112,773 | 114,893 | 108,343 | 95,813 | 123,072 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (983) | |||||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 111,936 | 112,773 | 114,893 | 108,343 | 95,813 | 123,072 | ||
| Operating expenses | (110,564) | (101,285) | (101,823) | (93,292) | (97,062) | (104,264) | ||
| Other operating income, net (Other undisclosed Other operating income, net) | ||||||||
| Other undisclosed operating income (loss) | 983 | |||||||
| Operating income (loss): | 2,355 | 11,488 | 13,070 | 15,051 | (1,249) | 18,808 | ||
| Nonoperating income | 2,563 | 1,560 | 1,062 | 650 | 381 | 626 | ||
| Investment income, nonoperating | 1,047 | 1,441 | 410 | 16 | 148 | 610 | ||
| Other nonoperating income | 1,516 | 119 | 652 | 634 | 233 | 16 | ||
| Interest and debt expense | (36) | (173) | (130) | (284) | (340) | (735) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,882 | 12,875 | 14,002 | 15,417 | (1,208) | 18,699 | ||
| Other undisclosed loss from continuing operations before income taxes | (312) | |||||||
| Income (loss) from continuing operations before income taxes: | 4,570 | 12,875 | 14,002 | 15,417 | (1,208) | 18,699 | ||
| Income tax expense | (1,110) | (3,375) | (4,800) | (4,260) | (705) | (5,420) | ||
| Income (loss) from continuing operations: | 3,460 | 9,500 | 9,202 | 11,157 | (1,913) | 13,279 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 11,157 | (1,913) | 13,279 | |
| Net income (loss) attributable to parent: | 3,460 | 9,500 | 9,202 | 11,157 | (1,913) | 13,279 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (111) | (149) | (140) | (190) | 21 | (292) | ||
| Net income (loss) available to common stockholders, diluted: | 3,349 | 9,351 | 9,062 | 10,967 | (1,892) | 12,987 | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,460 | 9,500 | 9,202 | 11,157 | (1,913) | 13,279 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,460 | 9,500 | 9,202 | 11,157 | (1,913) | 13,279 | ||
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.