Company: EVC
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034661
Chunk: 167

Company: ENTRAVISION COMMUNICATIONS CORP
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 167
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, terms of our 2023 Credit Agreement. While many in the financial community and we consider consolidated EBITDA to be important, it should be considered in addition to, but not as a substitute for or superior to, other measures of financial performance and liquidity prepared in accordance with accounting principles generally accepted in the United States of America, such as operating income (loss), net income (loss) and cash flows from operating activities. Consolidated EBITDA has certain limitations because it excludes and includes several important financial line items as noted above. Therefore, we consider both non-GAAP and GAAP measures when evaluating our business. Consolidated EBITDA is also used to make executive compensation decisions. 

A reconciliation of this non-GAAP measure to its most directly comparable GAAP financial measure follows (in thousands):

    Year Ended December 31,

    2024

    2023

    2022

    Net income (loss) attributable to common stockholders
     
    $
    (148,908
    )
     
    $
    (15,437
    )
     
    $
    18,119

    Net income (loss) attributable to redeemable noncontrolling interest - discontinued operations

    (2,779
    )

    158

    —

    Net income (loss) attributable to noncontrolling interest - discontinued operations

    —

    (342
    )

    2,050

    Interest expense

    16,472

    16,833

    10,536

    Interest expense - discontinued operations

    219

    458

    340

    Interest income

    (2,458
    )

    (3,405
    )

    (2,740
    )

    Interest income - discontinued operations

    (731
    )

    (1,650
    )

    (124
    )

    Dividend income

    (10
    )

    (35
    )

    (20
    )

    Realized (gain) loss on marketable securities

    110

    93

    532

    Gain (loss) on debt extinguishment

    91

    1,556

    —

    Income tax expense

    4,105

    (8,392
    )

    8,871

    Income tax expense - discontinued operations

    (1,007
    )

    5,642

    2,688

    Am