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Urban One Inc (UONEK) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Urban One Inc (UONEK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It owns and operates approximately 50 broadcast stations. Urban One Inc has a market cap of $97.090 million; its shares were traded at around $2.06 with a P/E ratio of 0.74 and P/S ratio of 0.26.

For the last quarter Urban One Inc reported a revenue of $113.5 million, compared with the revenue of $109.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $439.1 million, a decrease of 0.2% from the previous year. For the last five years Urban One Inc had an average revenue decline of 0.3% a year.

The reported diluted earnings per share was $2.94 for the year, compared with the loss per share of $1.32 in the previous year. The Urban One Inc enjoyed an operating margin of 21.61%, compared with the operating margin of 18.6% a year before. The 10-year historical median operating margin of Urban One Inc is 18.48%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Urban One Inc has the cash and cash equivalents of $15.9 million, compared with $37.0 million in the previous year. The company had no long term debt, compared with $967.2 million in the previous year. The interest coverage to the debt is 1.2, which is not a favorable level. Urban One Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $2.06, Urban One Inc is traded at close to its historical median P/S valuation band of $2.08. The P/S ratio of the stock is 0.26, while the historical median P/S ratio is 0.26. The stock lost 7.73% during the past 12 months.

For the complete 20-year historical financial data of UONEK, click here.

This article first appeared on GuruFocus.