secwatch.observer — SEC 8-K summary
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Issuer:     Mediaco Holding Inc. (MDIA)
CIK:        0001784254
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001784254-25-000040
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaCo Q3 net loss $17.9M on rev $35.4M; adj. EBITDA swings to $2.1M positive
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- Q3 net loss of $17.9M vs net income of $54.9M in prior year; swing driven by change in fair value of warrant liability.
- Q3 net revenue $35.4M, up 19% YoY; year-to-date revenue $94.7M (+51%), aided by Estrella acquisition assets.
- Year-to-date adjusted EBITDA $5.0M vs loss of $4.6M prior; Q3 adjusted EBITDA margin 6%.
- Digital advertising revenue reached $17M in Q3, now 49.2% of total ad sales, among highest in industry.
- CFO Debra DeFelice promoted to EVP; Brian Fisher promoted to Chief Revenue Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784254/000178425425000040/0001784254-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784254/000178425425000040/mdia-20251120.htm
  HTML page:      https://secwatch.observer/filing/0001784254-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer