Event-Driven Stocks

AUDACY, INC.

AUDAQ

Communication Services · Radio Broadcasting Stations · PA · SEC filings ↗ · Compare ⊕

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Signs2 good5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$1.17B$1.25B$1.22B$1.06B$1.49B$1.46B
Operating income−$1.35B−$73.7M$87.1M−$239.1M−$280.8M−$265.6M
Net income−$1.14B−$140.7M−$3.6M−$242.2M−$420.2M−$361.4M
Total assets$1.90B$3.28B$3.42B$3.29B$3.64B$4.02B
Total liabilities$2.52B$2.76B$2.77B$2.64B$2.76B$2.69B
Equity−$614.8M$520.6M$652.2M$644.7M$881.4M$1.33B
EPS (diluted)$-241.58$-30.44$-0.03$-1.80$-3.07$-2.62
Shares out.4.7M4.6M136.0M134.6M137.0M138.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−115.4%
Net margin
−97.3%
Return on equity
184.9%
Return on assets
−59.8%
Return on capital (ROCE)
Liabilities / assets
132.3%
Debt / equity
Book value / share
$-130.63
Revenue growth (YoY)
−6.8%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-15.13distress
Accruals / assets
56.4%clean
Piotroski F-Score
2/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
25
/ 100
Profitability 25Growth 0Catalyst 33Earnings quality 67Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe5 warning2 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
6 acquisitions6 disposalsnet +612,492 shares · last 12
InsiderDateTypeSharesPrice
Schmaeling Richard JOfficer — CFO &amp; EVP Strat. InitiativesMay 1, 2023Tax withholding9,279$0.12
Bramowski ElizabethOfficer — Principal Acctg Ofcr &amp; TreasrMar 31, 2023Tax withholding8,259$0.14
Sutor Andrew P IvOfficer — Exec. Vice Pres. &amp; SecretaryMar 31, 2023Tax withholding24,467$0.14
Crowley John DavidOfficer — Chf Dgtl Off/Pres PodcastMar 31, 2023Tax withholding37,210$0.14
Larkin SusanOfficer — EVP &amp; Chief Operating OfficerMar 31, 2023Tax withholding49,938$0.14
Schmaeling Richard JOfficer — CFO &amp; EVP Strat. InitiativesMar 31, 2023Tax withholding53,355$0.14
Benedik Brian FOfficer — EVP &amp; Chief Revenue OfficerFeb 23, 2023Grant100,000$0.00
Bramowski ElizabethOfficer — Principal Acctg Ofcr &amp; TreasrFeb 23, 2023Grant40,000$0.00
Sutor Andrew P IvOfficer — Exec. Vice Pres. &amp; SecretaryFeb 23, 2023Grant100,000$0.00
Crowley John DavidOfficer — Chf Dgtl Off/Pres PodcastFeb 23, 2023Grant160,000$0.00
Larkin SusanOfficer — EVP &amp; Chief Operating OfficerFeb 23, 2023Grant185,000$0.00
Schmaeling Richard JOfficer — CFO &amp; EVP Strat. InitiativesFeb 23, 2023Grant210,000$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)