Cumulus Media Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	81.98	63.84	80.66	107.43	177.03
Cash & Short-Term Investments	81.98	63.84	80.66	107.43	177.03
Cash Growth	28.42%	-20.86%	-24.92%	-39.31%	-34.86%
Receivables	141.39	164.84	182.2	212.3	198.83
Prepaid Expenses	19.48	19.38	24.04	25.54	30.66
Total Current Assets	242.85	248.05	286.9	345.27	406.52
Property, Plant & Equipment	224.48	265.71	302.57	327.84	334.93
Other Intangible Assets	467.69	595.12	837.63	923.3	962.3
Long-Term Deferred Tax Assets	-	-	-	5.97	6.36
Other Long-Term Assets	5.95	9.77	13.2	6.66	7.28
Total Assets	940.96	1,119	1,440	1,609	1,717
Accounts Payable	17.06	13.01	15.89	10.96	6.64
Accrued Expenses	70.93	71.5	72.37	77.09	76.12
Current Portion of Long-Term Debt	23.87	-	-	-	-
Current Portion of Leases	28.65	27.59	28.77	28.76	28.65
Other Current Liabilities	17.43	21.68	26.71	28.8	28.41
Total Current Liabilities	157.94	133.78	143.74	145.61	139.81
Long-Term Debt	694.81	669.04	672.42	714.46	798.92
Long-Term Leases	96.36	100.47	115.31	121.64	125.87
Long-Term Deferred Tax Liabilities	-	2.33	12.33	0.65	-
Other Long-Term Liabilities	183.37	206.08	209.92	218.27	233.27
Total Liabilities	1,132	1,112	1,154	1,201	1,298
Additional Paid-In Capital	360.95	358.44	353.73	348.46	342.23
Retained Earnings	-505.36	-304.66	-21.4	96.48	80.24
Treasury Stock	-47.11	-46.83	-45.75	-36.53	-2.98
Shareholders' Equity	-191.52	6.95	286.58	408.41	419.5
Total Liabilities & Equity	940.96	1,119	1,440	1,609	1,717
Total Debt	843.69	797.11	816.51	864.86	953.44
Net Cash (Debt)	-761.71	-733.27	-735.85	-757.43	-776.42
Net Cash Per Share	-43.82	-43.45	-42.61	-37.83	-37.09
Filing Date Shares Outstanding	17.67	17.23	16.67	18.38	20.62
Total Common Shares Outstanding	17.44	17.04	16.55	18.24	20.52
Working Capital	84.91	114.27	143.16	199.66	266.7
Book Value Per Share	-10.98	0.41	17.32	22.39	20.44
Tangible Book Value	-659.21	-588.17	-551.05	-514.89	-542.8
Tangible Book Value Per Share	-37.80	-34.53	-33.30	-28.23	-26.45
Land	42.21	61.86	62.33	62.49	62.65
Buildings	27.67	34.01	34.06	32.64	29.99
Machinery	172.79	188.22	181.35	152.63	149.2
Construction In Progress	1.58	0.75	5.01	15.64	17.86
Leasehold Improvements	28.34	27.06	25.16	32.05	27.86

Source: S&P Global Market Intelligence. Standard template. Financial Sources.