The Covid Rebound

Most out of home companies tell Billboard Insider revenues have begun to recover from Covid-19 lows.  This is verified by Insider’s experience.  Here are  cash collections and billings compared to a January 2020 baseline for Insider’s Indiana and Minnesota out of home plant.

Percent Change in Collections and Revenue Versus a January 2020 baseline

Cash collections took a sharp plunge in March and April but collections for May were actually above January due to resumed payments and prepayments on contract renewals and new business.

Billings are lagging collections but have begun to rebound and will show a sharp increase in June.

How has covid impacted your out of home revenue?  Let Insider know using the form below.  We’ll keep companies anonymous.

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