# Urban One, Inc. (UONEK)

> Source: Nexqual · https://nexqual.com/UONEK · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Urban One, Inc. (UONEK), nexqual.com/UONEK" · informational, not investment advice.

**Price:** USD 3.71 (+2.20% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 3.63 · day 3.6–3.73 · 52w 3.44–10.9 · market cap $17.1M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $354M, net income -$67.4M (-19.0% margin), free cash flow -$766K (SEC filings).
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $49K; 2 not under a Rule 10b5-1 plan ($49K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -40.2% vs S&P 500 +13.4%; 5Y -94.8% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $440M | $485M | $478M | $450M | $374M | $354M |
| Operating income | $116M | $91.1M | -$31.6M | -$75.6M | -$170M | -$65.0M |
| Net income | $36.8M | $34.3M | $2.0M | -$105M | -$147M | -$67.4M |
| EPS (diluted) | $6.80 | $6.60 | $0.40 | -$22.23 | -$32.94 | — |
| Free cash flow | $73.9M | $59.8M | $57.0M | $30.3M | -$5.9M | -$766K |
| Operating margin | 26.4% | 18.8% | -6.6% | -16.8% | -45.4% | -18.4% |
| Net margin | 8.4% | 7.1% | 0.4% | -23.4% | -39.2% | -19.0% |
| Revenue growth | +17.0% | +10.1% | -1.4% | -5.9% | -16.7% | — |
| Cash + short-term investments | $132M | $75.4M | $233M | $137M | $25.5M | — |
| Total debt | $833M | $750M | $716M | $579M | $440M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.1x · EV/Sales 1.2x · P/B 1.1x · FCF yield -4.47% · Earnings yield -393.52% · Buyback yield (TTM) 13.36% · Net debt $404M · EV $421M
P/E at fiscal year-ends: Dec 2023 86.5x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-31 | Levingston Lemuel Deon | Co-President, Audio Division | 5,646 | $23K | 77.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-06…2026-08-11 | Levingston Lemuel Deon | Co-President, Audio Division | 4,816 | $26K | 39.9% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -40.2% | -94.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -40.3% | -44.6% |
| Volatility (annualized) | 91.6% | 74.4% |
| Max drawdown | -68.4% (Dec 2025→Oct 2026) | -95.0% (Oct 2021→Sep 2026) |

## Peers (Broadcasting)
GTN-A (Gray Media, Inc.) USD 6.05 +0.17% · SBGI (Sinclair, Inc.) USD 12.39 -3.20% · NMAX (Newsmax, Inc.) USD 7.93 -2.94% · NXST (Nexstar Media Group, Inc.) USD 167.34 -0.84%

## More
Full page: https://nexqual.com/UONEK · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in UONEK's own 10-K filed 2026-03-20 (https://www.sec.gov/Archives/edgar/data/1041657/000104165726000016/uone-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Reach Media | "Reach Media, our syndicated radio unit, primarily derives its revenue from the sale of advertising in connection with its syndicated radio shows, including the Rickey Smiley Morning Show, the Get Up! Mornings with Erica …" |
| Competitor | Amazon (AMZN) | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |
| Competitor | Netflix (NFLX) | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |
| Competitor | Alphabet (Google) (GOOGL) | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |
| Competitor | Microsoft (MSFT) | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |
| Competitor | Meta Platforms (META) | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |
| Competitor | ByteDance | "Our Digital and Cable Television segments compete for the time and attention of internet users and viewers and, thus, advertisers and advertising revenues with a wide range of internet companies such as Amazon™, Netflix™…" |

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Cable Television | $37.1M | 43.3% | -7.4% |
| Radio Broadcasting | $35.3M | 41.1% | -3.9% |
| Digital | $9.4M | 11.0% | -8.4% |
| Reach Media | $4.8M | 5.5% | -10.6% |
| Total revenue | $85.8M | 100% | — |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Radio advertising | $30.9M | 36.0% | -9.3% |
| Cable Television advertising | $20.8M | 24.2% | -9.6% |
| Cable Television affiliate fees | $16.3M | 19.0% | -4.5% |
| Digital advertising | $9.4M | 10.9% | -8.3% |
| Unearned Event Income | $3.2M | 3.7% | +31.4% |
| Political advertising | $1.2M | 1.4% | +410.4% |
| Total revenue | $85.8M | 100% | — |
The lines above cover 95.3% of total revenue.

## Company outlook (8-K filed 2026-08-04)

- "(c) Non-controlling interests represent the legal ownership of a radio station operated under a Local Programming and Marketing Agreement and Option Agreement under the variable interest entity guidance effective April 1, 2026."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |