Beasley Broadcast Group, Inc. · NASDAQ:BBGI
Beasley Broadcast — Investor Presentation (November 2024)
7 slides from Beasley Broadcast's investor presentation, Nov 13, 2024
Slide 1: Investor Presentation November 2024
Exhibit 99.1 I N V E S TO R P R E S E N TAT I O N N O V E M B E R 2 0 2 4
Slide 2: Disclaimer: Forward-Looking Statements and Non-GAAP Financial Measures
Disclaimer Forward-Looking Statements and Non-GAAP Financial Measures This presentation includes certain financial measures that have not been prepared in a manner that complies with generally accepted accounting principles in the United States (“GAAP”), including adjusted EBITDA and EBITDA, per ind
Slide 3: Annualized Expense Bridge
BEASLEY BROADCAST GROUP: TOMORROW’S MEDIA COMPANY TODAY ANNUALIZED EXPENSE BRIDGE: $’S IN MILLIONS (1) CHART REFLECTS BRIDGE OF ANNUALIZED OPERATING AND CORPORATE EXPENSE REDUCTIONS; ANNUALIZED RESULTS ESTIMATE THE FULL YEAR IMPACT IF THE COST REDUCTIONS HAD OCCURRED ON 1/1/2024 AND EXCLUDE ONE-TIME
Slide 4: Current Expected Quarterly Impact to Expenses
BEASLEY BROADCAST GROUP: TOMORROW’S MEDIA COMPANY TODAY CURRENT EXPECTED QUARTERLY IMPACT TO EXPENSES (OPERATING + CORPORATE): $’S IN MILLIONS Q1’24Q2’24Q3’24Q4’24EQ1’25E MAY SAVINGS IMPACT - 0.9 1.9 1.9 1.9 JUNE SAVINGS IMPACT - 0.1 0.4 0.4 0.4 JULY SAVINGS IMPACT - - 0.5 0.6 0.6 AUG SAVINGS IMPACT
Slide 5: Q3 2024 Bridge from Reported Adj. EBITDA to EBITDA, per Indenture
BEASLEY BROADCAST GROUP: TOMORROW’S MEDIA COMPANY TODAY Q3 2024 BRIDGE FROM REPORTED ADJ. EBITDA TO EBITDA, PER INDENTURE: $’S IN MILLIONS Reported Adj EBITDA Nonrecurring items (1) Contract Services (2) Non-cash trade adjustments (3) Property & Franchise Taxes (3) Pro forma cost savings (3) EBITDA,
Slide 6: Appendix
©) BEASLEY BROADCAST GROUP APPENDIX
Slide 7: Reconciliation of Net Loss to Adjusted EBITDA and EBITDA per the Indenture
RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA AND EBITDA PER THE INDENTURE - UNAUDITED Three months ended Nine months ended September 30, September 30, 2024 2023 2024 2023 Net loss $ -3,560,575 $ -67,536,837 $ -3,829,626 $ -81,504,032 Interest expense 6,092,820 6,445,746 17,773,957 19,764,067 Income
Beasley Broadcast Group — Investor Presentation (November 2024) on 6ix