Entravision Communications Corporation (EVC) financial statements (2022 and earlier)
Company profile
| Business Address |
2425 OLYMPIC BLVD SANTA MONICA, CA 90404 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4833 - Television Broadcasting Stations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 185,094 | 147,150 | 124,785 | 179,157 | 39,560 | 61,520 | 47,924 | ||
| Cash and cash equivalents | 185,094 | 119,162 | 33,123 | 46,733 | 39,560 | 61,520 | 47,924 | ||
| Short-term investments | 27,988 | 91,662 | 132,424 | ||||||
| Restricted cash and investments | 749 | 749 | 734 | 732 | 222,294 | ||||
| Receivables | 209,909 | 148,176 | 75,657 | 83,838 | 89,001 | 65,072 | 71,933 | ||
| Assets held-for-sale, not part of disposal group | 1,963 | 2,141 | 950 | 1,179 | |||||
| Other undisclosed current assets | 10,763 | 11,849 | 7,306 | 6,142 | 1,607 | 4,870 | 171 | ||
| Total current assets: | 408,478 | 310,065 | 209,432 | 271,048 | 352,462 | 131,462 | 120,028 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 25,582 | 33,525 | 43,837 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 62,498 | 72,004 | 79,642 | 64,939 | 60,337 | 55,368 | 57,874 | ||
| Intangible assets, net (including goodwill) | 71,708 | 58,043 | 46,511 | 74,292 | 70,557 | 50,081 | 287,438 | ||
| Goodwill | 71,708 | 58,043 | 46,511 | 74,292 | 70,557 | 50,081 | 50,081 | ||
| Intangible assets, net (excluding goodwill) | 237,357 | ||||||||
| Deferred income tax assets | 1,462 | ✕ | ✕ | ✕ | ✕ | ||||
| Other noncurrent assets | 8,527 | 7,643 | 7,462 | 2,934 | 4,690 | 2,512 | 4,919 | ||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 44,677 | 57,929 | ||||
| Other undisclosed noncurrent assets | 273,087 | 266,065 | 269,316 | 277,196 | 277,921 | 233,821 | |||
| Total noncurrent assets: | 442,864 | 437,280 | 446,768 | 419,361 | 413,505 | 386,459 | 408,160 | ||
| TOTAL ASSETS: | 851,342 | 747,345 | 656,200 | 690,409 | 765,967 | 517,921 | 528,188 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 212,655 | 126,849 | 53,931 | 51,034 | 59,522 | 30,810 | 29,669 | ||
| Accounts payable | 58,800 | 49,700 | 11,500 | 14,700 | 23,700 | 6,100 | 6,600 | ||
| Accrued liabilities | 14,700 | 6,800 | 6,200 | 8,000 | 8,400 | 5,600 | 5,000 | ||
| Employee-related liabilities | 12,300 | 7,400 | 4,500 | 5,200 | 6,700 | 6,300 | 6,400 | ||
| Taxes payable | 6,500 | 3,400 | 8,500 | 300 | 600 | 400 | 300 | ||
| Other undisclosed accounts payable and accrued liabilities | 120,355 | 59,549 | 23,231 | 22,834 | 20,122 | 12,410 | 11,369 | ||
| Debt | 4,903 | 3,000 | 12,056 | 3,000 | 3,000 | 3,750 | 3,750 | ||
| Due to related parties | 118 | ||||||||
| Other undisclosed current liabilities | 7,304 | 7,290 | |||||||
| Total current liabilities: | 224,862 | 137,139 | 65,987 | 54,034 | 62,522 | 34,560 | 33,537 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 228,404 | 242,229 | 254,411 | 240,541 | 292,489 | 286,697 | 312,813 | ||
| Long-term debt, excluding current maturities | 207,416 | 210,454 | 213,024 | 240,541 | 292,489 | 286,697 | 312,813 | ||
| Operating lease, liability | 20,988 | 31,775 | 41,387 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 141,150 | 58,712 | 3,371 | 63,102 | 62,086 | 13,208 | 14,565 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 46,684 | 40,639 | ||||
| Deferred income tax liabilities | 68,220 | 54,980 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 72,930 | 3,732 | 3,371 | 16,418 | 21,447 | 13,208 | 14,565 | ||
| Other undisclosed noncurrent liabilities | 44,259 | ||||||||
| Total noncurrent liabilities: | 369,554 | 300,941 | 302,041 | 303,643 | 354,575 | 299,905 | 327,378 | ||
| Total liabilities: | 594,416 | 438,080 | 368,028 | 357,677 | 417,097 | 334,465 | 360,915 | ||
| Temporary equity, carrying amount | 33,285 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 256,926 | 275,980 | 288,172 | 332,732 | 348,870 | 183,456 | 167,273 | ||
| Additional paid in capital | 780,388 | 828,813 | 836,170 | 862,299 | 888,650 | 904,867 | 910,228 | ||
| Accumulated other comprehensive loss | (977) | (1,056) | (131) | (1,412) | (60) | (2,977) | (4,115) | ||
| Accumulated deficit | (522,494) | (551,786) | (547,876) | (528,164) | (539,730) | (718,444) | (738,849) | ||
| Other undisclosed stockholders' equity attributable to parent | 9 | 9 | 9 | 9 | 10 | 10 | 9 | ||
| Total stockholders' equity: | 256,926 | 275,980 | 288,172 | 332,732 | 348,870 | 183,456 | 167,273 | ||
| TOTAL LIABILITIES AND EQUITY: | 851,342 | 747,345 | 656,200 | 690,409 | 765,967 | 517,921 | 528,188 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 760,192 | 344,026 | 273,575 | 297,815 | 536,034 | 258,514 | 254,134 | |
| Cost of revenue | (466,517) | (104,909) | (119,412) | (125,242) | (119,283) | (9,536) | (7,242) | |
| Cost of goods and services sold | (466,517) | (104,909) | (119,412) | (125,242) | (119,283) | (113,439) | (110,323) | |
| Gross profit: | 293,675 | 239,117 | 154,163 | 172,573 | 416,751 | 248,978 | 246,892 | |
| Operating expenses | (173,034) | (112,616) | (108,704) | (264,238) | (257,643) | (209,658) | (198,889) | |
| Other undisclosed operating income (loss) | (60,170) | (119,893) | (47,112) | 125,242 | 119,283 | 9,536 | 7,242 | |
| Operating income (loss): | 60,471 | 6,608 | (1,653) | 33,577 | 278,391 | 48,856 | 55,245 | |
| Nonoperating income | 458 | 1,776 | 4,271 | 5,448 | 1,036 | 300 | 45 | |
| Investment income, nonoperating | 458 | 1,776 | 4,271 | 5,448 | 774 | 300 | 45 | |
| Other nonoperating income | 262 | |||||||
| Interest and debt expense | (7,020) | (8,265) | (13,938) | (16,293) | (20,015) | (15,630) | (13,251) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (19) | 20 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 53,909 | 100 | (11,300) | 22,732 | 259,412 | 33,526 | 42,039 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 19 | (20) | (1,320) | |||||
| Income (loss) from continuing operations before income taxes: | 53,909 | 119 | (11,320) | 21,412 | 259,412 | 33,526 | 42,039 | |
| Income tax expense | (18,679) | (1,506) | (8,158) | (7,877) | (82,809) | (13,121) | (16,414) | |
| Net income (loss): | 35,230 | (1,387) | (19,478) | 13,535 | 176,603 | 20,405 | 25,625 | |
| Net loss attributable to noncontrolling interest | (5,938) | (2,523) | (234) | (1,374) | (310) | |||
| Net income (loss) available to common stockholders, diluted: | 29,292 | (3,910) | (19,712) | 12,161 | 176,293 | 20,405 | 25,625 | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 35,230 | (1,387) | (19,478) | 13,535 | 176,603 | 20,405 | 25,625 | |
| Other comprehensive income (loss) | 105 | 3 | (500) | 300 | 500 | 1,138 | (1,977) | |
| Other undisclosed comprehensive loss | (26) | (928) | ||||||
| Comprehensive income (loss): | 35,309 | (2,312) | (19,978) | 13,835 | 177,103 | 21,543 | 23,648 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (5,938) | (2,523) | (234) | (1,374) | (310) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,781 | (1,652) | 2,417 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 29,371 | (4,835) | (18,431) | 10,809 | 179,210 | 21,543 | 23,648 | |
Statements sources
The financial statements are based on the company's filings with the 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.