Beasley Broadcast : Investore Presentation Click to view/download the Q1 2026 Earnings Presentation (Q1 2026 Presentatioin)

BBGI

Published on 05/13/2026 at 07:08 am EDT

Q 1 2 0 2 6 EA R N I N G S P RESEN TAT I O N

M A Y 2 0 2 6

WHO WE ARE

REVENUE MIX

OUR OPERATING SEGMENTS

FINANCIAL PERFORMANCE

APPENDIX

AN EMPIRE ROOTED IN RADIO,

BEASLEY OFFERS ADVERTISERS A SINGLE DESTINATION FOR MULTI-PLATFORM SOLUTIONS THAT DRIVE RESULTS

2026: BEYOND

BEASLEY'S FUTURE WILL B

FOUNDED BY GEORGE BEASLEY IN BENSON, NORTH CAROLINA

COMPANY IPO VIA NASDAQ

ACQUIRED GREATER MEDIA, ADDING 20

STATIONS OVER 4 VALUABLE MARKETS

EXPANDED DIGITAL CAPABILITIES

DRIVEN BY OPERATIONAL EFFICIENCY IN OUR CORE BUSINESS AND EXPANSION OUR DIGITAL CAPABILITIES

1961

1988

2000

2009

2016 2019

LAUNCHED OUR FIRST APP,

2022

REFINANCED

THE COMPANY

2025

AND A STRENGHTENED BALANCE SHEET FOLLOWIN

HEADQUARTERS MOVED TO NAPLES, FL

ENABLING STREAMING OF OUR CONTENT

FOLLOWING THE COVID-19 PANDEMIC

THE RESTRUCTURING OF O

2L DEBT FROM $184.1M TO

$98.5M.

PODCASTS

3.8M

AVG MONTHLY DOWNLOADS

AM / FM STATIONS

AVG WEEKLY AUDIENCE SIZE

STREAMING

LTM STREAMING SESSIONS

SOCIAL MEDIA

SOCIAL MEDIA AUDIENCE1

OUR MEDIA STRATEGY

BRINGING TOGETHER THE REACH OF RADIO AND THE PRECISION OF DIGITAL TO DELIVER SMARTER, FULL-FUNNEL CAMPAIGNS THAT DRIVE RESULTS

NOTE: DATA LTM AVERAGE AS OF 3/31/2026 UNLESS OTHERWISE NOTED

1 DOES NOT INCLUDE TALENT PAGES

11

U.S. MARKETS

OPERATING IN

OUR MARKET

WHILE CORE LOCAL RADIO REVENUE REMAINS STABLE IN A MATURE MARKET, THE INCREASING

CONTRIBUTION FROM DIGITAL HIGHLIGHTS A CRITICAL GROWTH OPPORTUNITY.

BEASLEY IS CAPITALIZING ON THIS TREND BY BUILDING A SCALABLE DIGITAL BUSINESS THAT INTEGRATES SEAMLESSLY WITH OUR AUDIO BRANDS-OFFERING ADVERTISERS A FULL-FUNNEL SOLUTION ACROSS STREAMING, PROGRAMMATIC, BRANDED CONTENT, AND INFLUENCER MARKETING.

SOURCE: EMARKETER FORECAST, MARCH 2024

OUR UNIQUE ADVANTAGE

COMBINING TRUSTED VOICES WITH TARGETED TECH, BEASLEY DELIVERS FULL-FUNNEL

CAMPAIGNS THAT DRIVE REAL RESULTS.

RADIO

LOCAL REACH

90%+ ADULT WEEKLY REACH

UNMATCHED

GEO/COMMUNITY TARGETING

DRIVE-TO-STORE

REACH DURING ERRANDS &

BACK-TO-SCHOOL DRIVES

DIGITAL

PRECISION TARGETING

RETARGETING +

PERSONALIZATION

SEARCH + SOCIAL

GOOGLE, FACEBOOK, TIKTOK

RADIO + DIGITAL

COMBO

MULTI-CHANNEL IMPACT

LIFT IN PURCHASE INTENT

AWARENESS → CONVERSION

ON-AIR AWARENESS + DIGITAL OFFERS

EFFICIENT & LOCAL

STREAMING + GEOFENCING +

SOCIAL ADD-ONS

BEASLEY CAMPAIGNS DELIVER 30%+ HIGHER INTENT TO PURCHASE WHEN COMBINING RADIO AND DIGITAL.*

* SOURCE: NATIONAL RETAIL FEDERATION AND PROPER INSIGHTS & ANALYTICS

BEASLEY'S TWO SEGMENTS PROVIDE FULL-SERVICE, INNOVATIVE ADVERTISING SOLUTIONS AND CONNECTION WITH NEW AUDIENCES

25%

DIGITAL REVENUE AS % OF TOTAL NET REVENUE

18.2%

SAME-STATION DIGITAL REVENUE GROWTH, YOY*

Q1 2026 KEY METRICS

AUDIO

BEASLEY'S FOUNDATIONAL

BUSINESS

$31.9M

Q1 2026 REVENUE

DIGITAL

ENABLING CUSTOMERS TO DIGITIZE THEIR BUSINESS

$10.7M

Q1 2026 REVENUE

* NON-GAAP MEASURE, SEE RECONCILIATION TABLES IN APPENDIX

FY 2025 REVENUE BY CLIENT TYPE

11%

OUR ADVERTISERS

AN INTEGRATED DIGITAL AND AUDIO STRATEGY THAT PROVIDES ADVERTISERS WITH TARGETED, SCALABLE MEDIA SOLUTIONS.

14%

75%

LOCAL ADVERTISERS

BEASLEY'S MULTIMEDIA PLATFORM ENABLES LOCAL BUSINESSES TO

MAXIMIZE AUDIENCE REACH

NATIONAL ADVERTISERS

LARGER COMPANIES BENEFIT FROM BEASLEY'S BRANDS AND PRESENCE, WHICH ENABLE LOCAL-STYLED ADVERTISEMENT AT A NATIONAL SCALE

NOTE: OTHER REVENUE INCLUDES NETWORK REVENUE, TRADE REVENUE, SUBLEASE REVENUE, TALENT FEES, HARDCOSTS AND OTHER

NON-OPERATING REVENUE

NOTE: NATIONAL INCLUDES $83K OF POLITICAL REVENUE

POLITICAL ADVERTISERS

BEASLEY IS POSITIONED TO HELP BOTH STATE AND FEDERAL CANDIDATES, PACS, AND ISSUE ADVERTISERS. ALL BEASLEY MARKETS ARE EQUIPPED WITH LOCAL AND NATIONAL POLITICAL TASK FORCES THAT SPECIALIZE IN HELPING CANDIDATES, PACS, AND BALLOT ISSUES

27%

34%

9%

15%

15%

OUR REVENUE CATEGORIES

CONSUMER SERVICES CONTINUES

TO BE OUR DOMINANT SEGMENT

WITHIN CONSUMER SERVICES, LEGAL, HEALTHCARE, AND HOME IMPROVEMENT WERE OUR STRONGEST CATEGORIES

NOTE: REFLECTS Q1 2026 REVENUE

AUDIO

REACHING OVER 18 MILLION LISTENERS WEEKLY ACROSS OUR KEY MARKETS, BEASLEY'S STATIONS CONSISTENTLY DELIVER HIGHLY ENGAGED LOCAL AUDIENCES, REINFORCING OUR VALUE TO ADVERTISERS.

POWERFUL OUTREACH

6

TOP SPORTS TEAMS WITH WHOM BEASLEY HAS EXCLUSIVE RIGHTS1

RADIO + DIGITAL PLATFORM COMBINED AUDIENCE

NOTE: REFLECTS LTM AVERAGE WEEKLY CUME PERSONS FOR OVER-THE-AIR LISTENERSHIP COMBINED WITH LTM AVERAGE MONTHLY CUME PERSONS FORSTREAMING AND PODCASTING,

1 DATA AS OF 3/31/2026

2 MOST RECENT NIELSEN RATINGS PERIOD, STREAMING CUME, PODCAST USERS, WEB USERS, EMAIL OPT-IN, SOCIAL MEDIA

FOLLOWERS, 3/31/2026

DIGITAL

A DIVERSIFIED PRODUCT AND PLATFORM MIX ALLOWS BEASLEY TO MAXIMIZE DIGITAL MONETIZATION, BALANCING HIGH-MARGIN OWNED & OPERATED (O&O) SALES WITH SCALABLE THIRD-PARTY INVENTORY (TPP)

Q1 2026 DIGITAL SALES MIX

$'S IN MILLIONS

35%

65%

NOTE: CLOSURE OF GUARANTEE DIGITAL IN Q3 2024 ACCOUNTED FOR SEQUENTIAL STEPDOWN BETWEEN Q2 AND Q3 2024, DIVESTITURE OF FTM MARKET

ACCOUNTED FOR STEPDOWN BETWEEN 2025 AND 2026

Q1 2026 PERFORMANCE SUMMARY:

TOTAL NET REVENUE

$42.6M

CORPORATE G&A EXPENSE

$3.5M

INCLUDING $700K IN EXPENSES FROM RESTRUCTURING AND TRANSACTIONS

CAPEX

$0.7M

SOI1

$0.4M

INCLUDING $450K IN NET TRADE AND SEVERANCE EXPENSES

ADJ EBITDA1

$(0.4)M

CASH AND CASH EQUIVALENTS

$6.4M

1 NON-GAAP MEASURE - SEE RECONCILIATION IN APPENDIX: INCLUDES FEES RELATED TO THE COMPANY'S OCTOBER 2024 REFINANCING AND SEPTEMBER

2024 EXCHANGE OFFER

TOMORROW'S MEDIA COMPANY TODAY

BEASLEY MEDIA GROUP:

PERFORMANCE COMPARISON

$'S IN MILLIONS

Q1'25

Q1'26

TOTAL REVENUE

$48.9

$42.6

TOTAL EXPENSES

$45.2

$42.2

SOI*

$3.7

$0.4

CORP. EXPENSES

$4.0

$3.5

ADD BACKS1

$1.5

$2.7

ADJ EBITDA*

$1.1

$(0.4)

ADJ EBITDA*

MARGIN

2.3%

(0.9)%

$80.00

$70.00

$60.00

$50.00

$64.8

$63.8

$63.5

$65.8

$67.3

$60.1 $60.4

$55.7

$57.8

$58.2

$54.4

$53.0

$48.9

$51.0

$53.1

$42.6

$72.0

$40.00

$30.00

$20.00

$10.00

$-

Q1 2022

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Q2 2023

Q3 2023

Q4 2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

1 ADDBACKS INCLUDE STOCK-BASED COMPENSATION, SEVERANCE, AND OTHER NON-RECURRING EXPENSES.

* NON-GAAP MEASURE, SEE RECONCILIATION TABLES IN APPENDIX

SEE APPENDIX FOR MORE DETAIL

HISTORICAL P&L PERFORMANCE

$'S IN MILLIONS

BALANCE SHEET ITEMS

$'S IN MILLIONS

5/01/2026

3/31/2026

12/31/2025

NET WORKING

CAPITAL

NA

$(6.7)

$(0.0)

CASH AND CASH EQUIVALENTS

NA

$6.4

$9.9

TOTAL LONG-

TERM DEBT

$113.5

$217.5

$235.3

NOTE: NET WORKING CAPITAL EXCLUDES CASH AND CASH EQUIVALENTS

NOTE: TOTAL LT DEBT INCLUDES ALL OUTSTANDING LT DEBT

A P P EN D I X

Disclaimer

Beasley Broadcast Group Inc. published this content on May 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 13, 2026 at 11:07 UTC.