Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 116

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 116
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 EBITDA$9,495 $3,457 $2,714 $16,022 Six Months Ended June 30, 2025(in thousands)Radio BroadcastingReach MediaDigitalCable TelevisionNET REVENUE$69,303$11,168$20,466$84,263OPERATING EXPENSES:Programming and technical 21,2866,5466,45425,281Sales and marketing24,9355,17813,35914,927General and administrative13,4231,7617457,406Other segment income (expenses)1271154(1)Segment Adjusted EBITDA$9,786 $(2,202)$(88)$36,648 

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Table of Contents

Six Months Ended June 30, 2024(in thousands)Radio BroadcastingReach MediaDigital (1)Cable Television (1)NET REVENUE$78,350$27,401$26,260$91,317OPERATING EXPENSES:Programming and technical 22,7657,1257,02329,513Sales and marketing (2)24,55513,22513,19518,447General and administrative (2)15,7271,7639818,123Other segment (expenses) income(174)(1)—89Segment Adjusted EBITDA$15,129 $5,287 $5,061 $35,323 (1) Effective January 1, 2025, segment information for the prior periods has been recast in this Quarterly Report on Form 10-Q to include reclassification of a portion of revenues from our CTV offering from the Digital segment to the Cable Television segment. (2) Effective January 1, 2025, prior period segment information has been recast between the Sales and marketing and the General and administrative in this Quarterly Report on Form 10-Q across the four segments to conform the presentation of significant segment expenses used to evaluate segment performance by the CODM. Three Months Ended June 30,Six Months Ended June 30,2025202420252024(in thousands)(in thousands)Segment Adjusted EBITDA to loss from consolidated operations before benefit from income taxes reconciliationSegment Adjusted EBITDA$23,197 $31,688 $44,144 $60,800 Less: Corporate/Eliminations/Other(9,237)(2,766)(17,327)(9,621)Corporate costs(a)362