iHeartMedia Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,739	3,751	3,912	3,558	2,948
Revenue Growth (YoY)	-3.64%	-4.12%	9.95%	20.69%	-
Cost of Revenue	1,491	1,494	1,480	1,325	1,138
Gross Profit	2,248	2,257	2,432	2,234	1,810
Selling, General & Admin	1,639	1,656	1,593	1,519	1,395
Other Operating Expenses	1,394	1,399	784.45	562.85	2,161
Operating Expenses	3,032	3,055	2,377	2,082	3,556
Operating Income	-784.21	-797.97	54.57	151.48	-1,745.38
Interest Expense / Income	389.83	389.78	341.67	332.38	343.75
Other Expense / Income	-116.03	-22.74	-27.17	-30.1	9.2
Pretax Income	-1,058.01	-1,165	-259.94	-150.81	-2,098.32
Income Tax	-159.11	-62.34	4.72	8.39	-183.62
Net Income	-898.91	-1,102.66	-264.66	-159.2	-1,914.7
Shares Outstanding (Basic)	150	149	148	147	146
Shares Outstanding (Diluted)	150	149	148	147	146
Shares Change	0.96%	0.81%	0.91%	0.51%	-
EPS (Basic)	-6.02	-7.39	-1.79	-1.09	-13.12
EPS (Diluted)	-6.02	-7.39	-1.79	-1.09	-13.12
Free Cash Flow	218.18	167.35	295.94	184.66	132.78
Free Cash Flow Per Share	1.46	1.12	2.00	1.26	0.91
Gross Margin	60.12%	60.16%	62.16%	62.77%	61.41%
Operating Margin	-20.97%	-21.27%	1.39%	4.26%	-59.20%
Profit Margin	-24.04%	-29.40%	-6.76%	-4.47%	-64.94%
Free Cash Flow Margin	5.84%	4.46%	7.56%	5.19%	4.50%
EBITDA	-243.05	-346.74	527.39	650.99	-1,351.65
EBITDA Margin	-6.50%	-9.24%	13.48%	18.29%	-45.85%
Depreciation & Amortization	425.13	428.48	445.66	469.42	402.93
EBIT	-668.18	-775.22	81.73	181.58	-1,754.58
EBIT Margin	-17.87%	-20.67%	2.09%	5.10%	-59.51%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).