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Townsquare Media, Inc.
TSQNYSE
Wall Street ScoreUnder review
$3.08USD$-0.18 (-5.52%)
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Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Townsquare Media, Inc. functions as a digital media and marketing services firm primarily serving small and medium-sized enterprises. Its operations are structured across three distinct divisions: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment provides an extensive array of online marketing tools.
How they make money
Townsquare Media operates as a community-focused digital and broadcast media company. It generates revenue through three primary segments: selling advertising on local radio stations, providing digital programmatic advertising services through its proprietary technology stack, and offering subscription-based digital marketing services to small and medium-sized businesses.
Products & services
The company provides local radio broadcasting, digital programmatic advertising solutions (Townsquare Ignite), and subscription digital marketing services including website design, hosting, SEO, and CRM tools (Townsquare Interactive).
Brands & revenue mix
Townsquare Ignite
Digital advertising division.
Separate brand revenue is not available in this research.Source
Townsquare Interactive
Subscription digital marketing services business.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Local, regional and national spot advertisersSource
The company does not report significant customer concentration, as its revenue is derived from a large, diversified base of local, regional, and national advertisers and small business subscribers.
Suppliers, materials & equipment
Digital advertising technology and data providers — The company utilizes various third-party digital programmatic advertising technology and data management platforms to support its digital advertising operations.Source
Competitors
Television and print media companies — Competitors for advertising expenditures in local markets.Source
Digital media companies — Competitors for digital advertising and marketing services.Source
Strengths
Focus on markets outside the top 50 U.S. markets which historically exhibit lower volatilitySource
Proprietary digital programmatic advertising technology stackSource
Risks
Dependence on advertising spending which is sensitive to economic conditionsSource
Competition from digital media and other advertising platformsSource
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving TSQ's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•Is TSQ's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is TSQ's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for TSQ to reach sustainable profitability?
•What future growth or profitability would be needed to justify TSQ's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TSQ
Detected from reported data — verify before acting.
Severe debt stress
Negative shareholder equity • Total debt is at least one year of revenue • Interest coverage is below 2x • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on TSQ.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Focus on markets outside the top 50 U.S. markets which historically exhibit lower volatility.
+Proprietary digital programmatic advertising technology stack.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Debt risk (severe): Negative shareholder equity.
−Total debt is at least one year of revenue.
−Interest coverage is below 2x.
−Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Debt
—
Debt Cost9.9%
Debt Reduction YoY7.2%
Debt / Equity-10.87x
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Revenue
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Revenue YoY-0.5%
Revenue CAGR-3.0%
Net Margin-11.8%
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Asset
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Asset Growth YoY-8.9%
Liquidation/Share-$5.47
Net Assets/MCap0.09x
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Capital
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Earnings Yield-65.7%
Buyback Yield13.2%
Debt Cost9.9%
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Management
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ROIC14.1%
ROE55.6%
ROA-10.2%
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Moat
—
EPS Growth—
FCF/Share Growth-8.9%
Rev/Share Growth4.0%
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Valuation
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Intrinsic Value—
Value Reference—
MOS—
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Buffett
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Revenue—
Moat—
Valuation—
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MOS
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MOS %—
Value Reference—
Deep Discount Reference—
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Financial
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Interest Coverage1.2x
ROIC14.1%
FCF Yield20.1%
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Master
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Financial—
Valuation—
Debt—
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Resilience
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Survival Years0.4 yrs
Current Ratio0.84x
FCF Margin3.6%
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Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$3.08
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$425.4M
$427.4M
$451.0M
$454.2M
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Cost of Revenue
$329.1M
$336.7M
$326.8M
$329.2M
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Gross Profit
$96.3M
$90.7M
$124.2M
$125.0M
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Research & Development
$0.00
$0.00
$0.00
$0.00
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SG&A Expenses
$6.5M
$13.8M
$17.2M
$8.0M
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Operating Expenses
$72.4M
$34.8M
$102.5M
$144.2M
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EBITDA
$105.0M
$62.8M
$49.7M
$11.8M
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Operating Income
$24.0M
$55.9M
$21.7M
-$19.1M
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Interest Expense
$46.5M
$47.9M
$36.9M
$39.0M
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Income Before Tax
-$45.3M
-$5.0M
-$9.6M
-$49.2M
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Income Tax Expense
$3.8M
$4.7M
$1.3M
-$6.1M
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Net Income
-$50.3M
-$11.5M
-$12.7M
-$45.0M
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Basic EPS
$-2.87
$-0.71
$-0.81
$-2.68
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Basic Shares
17.82M
16.18M
15.60M
16.76M
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Diluted Shares
17.82M
16.18M
15.60M
16.76M
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Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Debt reduced
What Weakened
Margins contracted
Cash position declined
Potential Score Impact
Positive indicators included debt levels. Pressure indicators included revenue growth, EPS growth, cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 0.1%. EPS declined 2586.8%. Cash declined 63.2%. Total debt declined 0.4%. Net income margin declined by 37.7 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
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Premium
5 Years
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10 Years
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Conservative Projection Rate
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Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
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