Mediaco Holding (MDIA) AI Stock Analysis

• Market Cap: $50.64M
• Dividend Yield: N/A
• Average Volume (3M): 107.36K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.62
• Revenue Growth: 83.96%
• EPS Growth: -73.70%
• Country: US
• Employees: 407
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): -0.40
• Shares Outstanding: 76,435,290
• 10 Day Avg. Volume: 34,386
• 30 Day Avg. Volume: 107,355
• PEG Ratio: 0.21
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.71
• P/FCF Ratio: -3.25
• Enterprise Value/Market Cap: 3.02
• Enterprise Value/Revenue: 1.20
• Enterprise Value/Gross Profit: -33.37
• Enterprise Value/Ebitda: -7.10
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $0.62 ▼(-1.59% Downside)

The score is held down primarily by ongoing losses (negative gross profit and sizable net losses) despite improved TTM cash flow, alongside a broadly bearish technical trend. Valuation is constrained by a negative P/E (loss-making), and the Nasdaq bid-price compliance notice adds meaningful event-driven risk.

Positive Factors

Diversified Revenue Streams

Multiple monetization channels across broadcast, digital, content licensing and subscriptions create durable revenue diversification. This reduces dependence on any single ad market cycle, supports cross‑platform monetization and helps stabilize cash flows over the next several quarters.

Improving Cash Generation

TTM operating and free cash flow turning positive signals improved cash conversion versus prior losses. Sustained FCF allows debt service, working capital funding and selective reinvestment without frequent equity raises, strengthening financial flexibility over a multi‑quarter horizon.

Strong Revenue Growth Trend

Material top‑line expansion indicates improving market traction for content and distribution. If sustained, revenue growth can provide scale benefits, improve leverage on fixed costs and support a path to margin recovery even if current profitability metrics remain weak.

Negative Factors

Persistent Losses and Negative Gross Profit

Negative gross profit and sizable TTM net losses reflect structural margin shortfalls and product or cost misalignment. Continued loss generation erodes equity returns, limits reinvestment capacity, and requires sustained revenue improvement or cost restructuring to restore durable profitability.

Nasdaq Minimum Bid Price Notice

A Nasdaq deficiency notice creates a tangible delisting risk and may force corrective measures (reverse split, restructuring) that distract management, compress shareholder liquidity and could trigger costly one‑off actions, complicating multi‑quarter strategic execution.

Higher Executive Compensation and Equity Awards

Significant salary increases and equity incentives raise fixed cash commitments and potential dilution. If performance targets are not tightly aligned with recovery milestones, higher compensation can pressure margins and shareholder equity during the critical period of returning to sustained profitability.

Mediaco Holding Business Overview & Revenue Model

Company Description

MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital billboards primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The company also offers digital advertising and event sponsorship services. As of December 31, 2021, it owned and operated approximately 3,500 outdoor advertising displays. MediaCo Holding Inc. was founded in 2019 and is headquartered in New York, New York. MediaCo Holding Inc. is a subsidiary of Emmis Communications Corporation.

How the Company Makes Money

Mediaco Holding generates revenue through multiple streams. Primarily, it earns income from advertising sales across its television and digital platforms, where businesses pay to reach target audiences. Additionally, the company monetizes its original content through licensing deals, syndication, and distribution rights, allowing other media outlets to air its programs. Subscription fees from its streaming services also contribute significantly to revenue. Partnerships with advertisers and brands facilitate sponsored content and promotional campaigns, further diversifying its income sources. The company may also engage in strategic alliances or joint ventures that enhance its market reach and profitability.

Mediaco Holding Financial Statement Overview

Summary

Mixed fundamentals: revenue is higher in TTM and cash flow turned positive (operating and free cash flow both positive), but profitability remains weak with negative gross profit, negative EBITDA/EBIT, and large TTM net losses. Balance sheet leverage is improved versus prior periods, yet deeply negative returns reflect ongoing earnings pressure.

Income Statement

TTM (Trailing-Twelve-Months) revenue is higher (about $127.5M) with solid growth versus the prior annual period, but profitability remains weak: gross profit is negative and operating losses persist (EBIT and EBITDA both negative). Net losses are large in TTM (about -$41.3M) and margins have been volatile across years, pointing to an unstable earnings profile despite top-line improvement.

Balance Sheet

Leverage is meaningful but not extreme in TTM, with debt of about $157.8M against equity of about $86.7M (debt-to-equity roughly 0.64), an improvement versus 2024’s higher leverage. However, returns on equity are deeply negative in TTM, reflecting continued losses, and the balance sheet has shown periods of stressed equity in earlier years, which increases risk if profitability doesn’t recover.

Cash Flow

Cash generation improved materially in TTM (operating cash flow about $12.8M; free cash flow about $12.1M) versus negative operating and free cash flow in 2024. Free cash flow growth is exceptionally strong off a low base, and free cash flow nearly matches the net loss, indicating better cash conversion than accounting earnings. The key weakness is that operating cash flow covers only a modest portion of debt in TTM, so sustained positive cash flow is important to support the capital structure.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	127.48M	95.57M	32.39M	38.59M	41.73M	39.26M
Gross Profit	-4.59M	-11.08M	-242.00K	5.75M	17.77M	6.92M
EBITDA	-21.56M	18.11M	-6.12M	349.00K	6.55M	5.96M
Net Income	-41.32M	-4.08M	-7.63M	30.91M	-6.08M	-26.75M
Balance Sheet
Total Assets	319.39M	346.01M	105.63M	103.56M	148.29M	159.66M
Cash, Cash Equivalents and Short-Term Investments	6.25M	4.44M	5.15M	15.30M	6.12M	4.17M
Total Debt	157.80M	152.52M	50.99M	37.91M	135.23M	143.76M
Total Liabilities	232.73M	263.49M	68.22M	56.59M	164.86M	170.67M
Stockholders Equity	86.66M	62.12M	37.41M	46.98M	-16.57M	-11.01M
Cash Flow
Free Cash Flow	12.12M	-20.98M	-6.38M	829.00K	1.54M	-10.05M
Operating Cash Flow	12.81M	-19.86M	-5.32M	2.20M	2.94M	-9.64M
Investing Cash Flow	-6.85M	-14.18M	-1.67M	77.19M	-1.26M	-409.00K
Financing Cash Flow	-7.88M	33.90M	-1.25M	-70.21M	267.00K	12.14M

Mediaco Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MDIA, the sentiment is Negative. The current price of 0.63 is below the 20-day moving average (MA) of 0.64, below the 50-day MA of 0.82, and below the 200-day MA of 1.11, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 38.79 is Neutral, neither overbought nor oversold. The STOCH value of 25.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MDIA.

Mediaco Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSP	64 Neutral	$324.13M	-8.34	1.81%	―	-3.27%	86.01%
SGA	62 Neutral	$71.23M	223.43	0.18%	8.81%	-0.77%	-93.46%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
EVC	53 Neutral	$279.30M	-2.40	-81.68%	6.56%	-45.95%	-75.87%
BBGI	46 Neutral	$9.09M	-1.13	-5.90%	―	-7.78%	-369.53%
MDIA	44 Neutral	$50.64M	-1.10	-53.47%	―	83.96%	-73.70%
UONE	44 Neutral	$44.06M	-0.41	-90.36%	―	-13.08%	-69.47%

Mediaco Holding Corporate Events

Mediaco Holding Receives Nasdaq Minimum Bid Price Notice

On December 19, 2025, MediaCo Holding Inc. disclosed that it had received a notice from Nasdaq indicating that its common stock had traded below the required $1.00 minimum bid price for 30 consecutive business days, putting the company out of compliance with Nasdaq’s continued listing standards. While the notification does not immediately affect the listing or trading of MediaCo’s shares under the “MDIA” ticker, the company now faces a 180-day grace period, until June 17, 2026, to restore its share price to at least $1.00 for 10 consecutive business days, with the possibility of an additional 180 days if certain conditions are met; failure to do so could result in delisting, prompting the company to consider measures such as a reverse stock split and signaling heightened risk and uncertainty for shareholders.

The most recent analyst rating on (MDIA) stock is a Sell with a $0.63 price target. To see the full list of analyst forecasts on Mediaco Holding stock, see the MDIA Stock Forecast page.

MediaCo Holding Announces New Executive Employment Agreements

On November 21, 2025, MediaCo Holding Inc. announced new employment agreements for its top executives, Albert Rodriguez and Debra DeFelice, reflecting significant salary increases and equity compensation plans. Albert Rodriguez, appointed as President and CEO, will see his salary rise from $700,000 to $950,000 over two years, with potential bonuses and equity awards contingent on performance. Similarly, Debra DeFelice, as Executive Vice President, CFO, and Treasurer, will have her salary increased from $450,000 to $650,000, alongside similar bonus and equity incentives. These agreements, which include non-compete and non-solicitation clauses, aim to align executive incentives with company performance and shareholder interests, potentially impacting MediaCo’s strategic direction and market positioning.

The most recent analyst rating on (MDIA) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Mediaco Holding stock, see the MDIA Stock Forecast page.

Mediaco Holding Appoints CEO Albert Rodriguez as Director

On November 11, 2025, MediaCo Holding Inc. announced that its Board of Directors increased the number of directors and elected Albert Rodriguez, the company’s President and CEO, as a Class II Director to fill the new vacancy. This decision reflects a strategic move to strengthen the company’s leadership, although Mr. Rodriguez will not receive additional compensation for this role.