Company: EVC
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034661
Chunk: 194

Company: ENTRAVISION COMMUNICATIONS CORP
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 194
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 Statements 

F-4

ENTRAVISION COMMUNICATIONS CORPORATION 

CONSOLIDATED STATEMENTS OF OPERATIONS 

(In thousands, except share and per share data) 

    Year Ended December 31,

    2024

    2023

    2022

    Net revenue
     
    $
    364,948

    $
    297,043

    $
    323,990

    Expenses:

    Cost of revenue

    102,196

    77,214

    70,586

    Direct operating expenses (including related parties of $8,618, $6,050, and $8,095) (including non-cash stock-based compensation of $4,853, $7,308, and $4,602)

    136,262

    113,231

    109,320

    Selling, general and administrative expenses

    62,868

    49,761

    46,988

    Corporate expenses (including non-cash stock-based compensation of $9,539, $14,216, and $14,340)

    37,498

    50,294

    49,404

    Depreciation and amortization (including related parties of $928, $928, and $928)

    16,821

    16,392

    15,647

    Change in fair value of contingent consideration

    (629
    )

    821

    (1,800
    )

    Impairment charge

    61,220

    13,267

    1,600

    Foreign currency (gain) loss

    692

    1,950

    1,244

    Other operating (gain) loss

    —

    609

    423

    416,928

    323,539

    293,412

    Operating income (loss)

    (51,980
    )

    (26,496
    )

    30,578

    Interest expense

    (16,472
    )

    (16,833
    )

    (10,536
    )

    Interest income

    2,458

    3,405

    2,740

    Dividend income

    10

    35

    20

    Gain (loss) on debt extinguishment

    (91