EMMIS CORP
Communication Services · Radio Broadcasting Stations · IN · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $39.7M | $39.9M | $148.5M | $214.6M | — | — |
| Operating income | −$17.6M | $20.3M | $90.8M | $31.9M | $19.7M | −$34.1M |
| Net income | $50.5M | $23.4M | $82.1M | $13.1M | $2.1M | −$99.3M |
| Total assets | $222.0M | $237.7M | $271.1M | $289.3M | $316.6M | $331.3M |
| Total liabilities | $102.1M | $137.4M | $192.9M | $293.4M | $330.8M | $343.4M |
| Equity | $119.9M | $72.2M | $47.6M | −$36.9M | −$52.5M | −$58.8M |
| EPS (diluted) | $3.91 | $1.74 | $6.50 | $1.07 | $0.17 | $-9.33 |
| Shares out. | 12.9M | 13.4M | 12.6M | 12.2M | 11.3M | 10.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −44.4%
- Net margin
- 127.1%
- Return on equity
- 42.1%
- Return on assets
- 22.7%
- Return on capital (ROCE)
- −8.7%
- Liabilities / assets
- 46.0%
- Debt / equity
- 0.85×
- Book value / share
- $9.30
- Revenue growth (YoY)
- −0.5%
- Net income growth (YoY)
- 116.2%
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 · FY2020- Altman Z″ (distress)
- -3.63distress
- Accruals / assets
- 28.4%high accruals
- Piotroski F-Score
- 6/9mixed
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 ScoreOur 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
● 1 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Revenue declined year-over-year
- Negative operating cash flow
- High accruals — earnings-quality risk
- Strong return on equity (>15%)
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Zazove Associates LlcPassive (13G)Jan 6, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Emmis CorpDirector | May 22, 2024 | Sell | 10,781 | $1.25 |
| Emmis CorpDirector | May 17, 2024 | Sell | 4,547 | $1.46 |
| Emmis CorpDirector | Jun 14, 2023 | Sell | 12,913 | $1.39 |
| Emmis CorpDirector | Jun 12, 2023 | Sell | 1,026 | $1.27 |
| Emmis CorpDirector | Jun 6, 2023 | Sell | 400 | $1.27 |
| Emmis CorpDirector | Jun 2, 2023 | Sell | 3,100 | $1.27 |
| Emmis CorpDirector | May 23, 2023 | Sell | 5 | $1.25 |
| Emmis CorpDirector | May 17, 2023 | Sell | 42 | $1.29 |
| Emmis CorpDirector | May 15, 2023 | Sell | 700 | $1.26 |
| Emmis CorpDirector | Apr 21, 2023 | Sell | 100 | $1.27 |
| Emmis CorpDirector | Apr 18, 2023 | Sell | 300 | $1.25 |
| Emmis CorpDirector | Mar 17, 2023 | Sell | 900 | $1.32 |
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- Entered a material agreement · Delisting / listing-standard noticeApr 24, 2020
- Entered a material agreement · New financial obligationApr 17, 2020
- Entered a material agreement · Completed an acquisition or disposition · Regulation FD disclosureMar 11, 2020
- Regulation FD disclosureFeb 10, 2020
- Director / officer changeDec 3, 2019
- Entered a material agreement · Completed an acquisition or dispositionNov 25, 2019
- Regulation FD disclosureNov 8, 2019
- Terminated a material agreement · Completed an acquisition or dispositionOct 2, 2019
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 ↗- SCHEDULE 13G/AJan 6, 2025
- 144Nov 27, 2024
- 4May 24, 2024
- 144May 22, 2024
- 4May 21, 2024
- 144May 21, 2024
- 144May 17, 2024
- SC 13G/ASCHEDULE 13GJan 10, 2024
- 144Jul 11, 2023
- 4FORM 4 SUBMISSIONJun 16, 2023
- 4FORM 4 SUBMISSIONJun 14, 2023
- 4FORM 4 SUBMISSIONJun 8, 2023
- 4FORM 4 SUBMISSIONJun 6, 2023
- 4FORM 4 SUBMISSIONMay 25, 2023
- 4FORM 4 SUBMISSIONMay 19, 2023
Corporate family
Spin-offs from EMMIS CORP (1)
- Mediaco Holding Inc.MDIAcompletedJan 17, 2020details
From the spin-off filings we track. Follow a company to walk its own history.