You’ve probably heard out of home investors, brokers and lenders talk about EBITDA and Billboard cashflow. It’s important to know the difference. Out of home EBITDA Out of home cashflow or EBITDA is earnings before interest, depreciation, amortization and income taxes. It’s how much cash your company generates each year […]
Billboard Insider readers are an efficient bunch to judge from our poll on out of home EBIDTA cashflow margins. Yesterday we asked readers what their company cashflow margin was. Most of our readers work at companies with a cashflow margin (EBITDA/Revenues) in excess of 40%. Billboard Insider suspects this is […]
The best way to measure your out of home company’s efficiency is by its cash flow margin (e.g. EBIDTA/Revenues). EBIDTA is earnings before interest, depreciation, income taxes and amortization. It represents what you’ve generated in cash from operations before you pay the bank or shareholders. You add back non-cash charges […]
Clear Channel outperformed the stock market for the second quarter of 2023 while Lamar and OUTFRONT lagged the market. Stock performance for Lamar (green), OUTFRONT (purple), Clear Channel Outdoor (blue) and the S&P 500 (black) for the 3 months ended June 30, 2023 Clear Channel Outdoor increased 14.2% during […]
Indianapolis, Indiana – Stark Capital Solutions, a leading OOH capital provider and M&A advisory firm, has promoted Craig Berry from Vice-President to Partner. Craig joined Stark Capital in 2018 after a stint as a small-business owner in Indianapolis. Since joining Stark Capital, Craig has been a leading force in increasing […]
SAN ANTONIO, June 12, 2023 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced that it has amended its Receivables-Based Credit Facility and Revolving Credit Facility (together, the “Amendments”) with Deutsche Bank AG New York Branch as administrative agent. The Amendments extend the maturity date on […]
Clear Channel Outdoor CEO Scott Wells appeared that the TD Cowen 51st annual technology, media and telecom conference this week. A selection of his comments. Expect More Asset Sales We’re definitely not done…We need to exit Europe in a reasonable time frame to become a REIT. Nothing has changed…It became […]
Some of the highlights from OUTFRONT CEO Jeremy Male’s talk at the 51st Annual JP Morgan Global Technology, Media and Communications Conference last week. What’s up and what’s down Travel was certainly right up there as was legal as well as auto. Health was strong also in Q1. When you […]
At last week’s JP Morgan conference Lamar Advertising CEO Sean Reilly was asked “If Clear Channel were to sell assets what would Lamar be interested in?” Reilly replied: Yes, we’re staying pretty close to that situation. We’re monitoring it. What I can say is, we will not be the solution […]
Clear Channel CFO Brian Coleman and EVP Bob McCuin appeared at the JP Morgan 51st Annual Technology, Media and Communications conference this week. Some of their comments. Brian Coleman asked more questions than he answered when discussing the call by activist shareholder Legion Partners to consider selling US assets. So […]
