The stock is likely to react negatively due to the large net loss and negative Adjusted EBITDA, despite strong revenue growth. Traders should monitor future quarters for signs of improved profitability and whether the impairment charge signals deeper operational issues with the acquired Audio segment.
Price Chart
Executive Summary
Mediaco Holding Inc. (MDIA) reported fourth quarter and full-year 2025 results, showing strong revenue growth of 17.9% YoY in Q4 and 39.5% for the full year, driven by the Estrella acquisition and digital expansion. However, the quarter saw a significant net loss of $32.3 million, including a $23.1 million goodwill and intangible assets impairment, and Adjusted EBITDA turned negative at -$3.7 million. Despite positive business momentum, the substantial loss and negative profitability metrics outweigh the revenue gains.
Key Financial Metrics
Key Facts
- Q4 2025 Revenue: $38.7 million, up 17.9% YoY
- Full-Year 2025 Revenue: $133.3 million, up 39.5% YoY
- Q4 2025 Net Loss: $32.3 million (vs. $4.2 million loss in Q4 2024)
- Q4 2025 Adjusted EBITDA: -$3.7 million (vs. $1.7 million in Q4 2024)
- Full-Year 2025 Net Loss: $66.2 million (vs. $1.3 million loss in 2024)
- Full-Year 2025 Adjusted EBITDA: $7.3 million (vs. -$1.6 million in 2024)
- Impairment charge of $23.1 million related to Audio Goodwill and FCC licenses in Q4
Financial Impact
The company reported a substantial net loss of $32.3 million in Q4, a 662% increase from the prior year's loss, driven by a $23.1 million non-cash impairment charge and a reversal in fair value of warrant liabilities. Despite strong revenue growth, Adjusted EBITDA turned negative.
Risk Factors
- The $23.1 million impairment charge suggests potential overpayment or integration problems with the Estrella acquisition, particularly in the Audio segment.
- The reversal in fair value of warrant liabilities, while a non-cash gain, is volatile and not indicative of core operating performance.
- The company's ability to convert strong revenue growth into sustainable profitability remains a key risk.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001784254-26-000012 |
| Document: mdia-20260331.htm | 0001784254-26-000012 |
| Document: 0001784254-26-000012-index-headers.html | 0001784254-26-000012 |
| Document: 0001784254-26-000012-index.html | 0001784254-26-000012 |
| Document: 0001784254-26-000012.txt | 0001784254-26-000012 |
| 8-K Data (Synthetic) | 0001784254-26-000012 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 25d ago | 8-K | $1.07 | awaiting T+60 | — | $1.05 (−1.87%) |
Jul 21, 2026 13w ago | 8-K | $1.03 $1.03 | · 0.00% | ▼ −3.26% | $1.05 (+1.94%) |
Jun 26, 2026 17w ago | DEFA14A | $0.9158 $1.12 | ▲ +22.30% | ▲ +17.91% | $1.05 (+14.65%) |
May 18, 2026 23w ago | 8-K | $0.9500 $0.9520 | ▼ −0.21% | ▲ +4.64% | $1.05 (−10.53%) |
Mar 31, 2026 29w ago | 8-K | $0.7450 $0.9158 | ▼ −22.93% | ▼ −9.55% | $1.05 (−40.94%) |
US Market Status
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