While Townsquare Media may get outsized attention for its digital advertising prowess and respectable growth, there’s another owner of radio station that has emerged as a major digital advertising player — and on a global scale. That would be Entravision, and its Q2 2025 performance puts a definitive stamp on just how advertising technology and services offerings are to the company with U.S. Hispanic media in its roots.
Consolidated net revenue grew to $100.74 million in the second quarter, rising from $82.65 million. There’s one clear reason why, and it doesn’t involve its radio and TV properties in the U.S.
Ad Tech and Services revenue surged by 60% in the quarter, moving to $55.32 million from $33.42 million. Operating profit rocketed ahead to $5.18 million, from $1.79 million, despite a 94% increase in direct operating expenses, to $10.92 million.
In contrast, the legacy Media unit of Entravision saw its year-over-year revenue fall by 8% to $45.41 million, from $49.23 million. Operating profit for the Media division shrank to $354,000 from $5.9 million in Q2. Operating expenses were up by 3%, to $26.8 million.
Because of the Media weakness, there was still a consolidated operating loss. However, it was greatly reduced to $848 million, from $3.34 million.
Total it up, and the net loss attributable to common shareholders was reduced to $3.34 million (-$0.04 per share), from $31.68 million (-$0.35).
“While our Media segment net revenue decreased 8% compared to the second quarter of 2024, we’re encouraged by the sequential improvement from the first quarter of 2025 and the achievement of positive operating profit, further validating our expanded sales capacity in that segment and tight control of operating expenses,” said Michael Christenson, Entravision’s Chief Executive Officer. “We are also pleased to report the improved performance and execution of our Advertising and Technology Services segment in the second quarter of 2025, with net revenue increasing 66% year-over-year. This growth reflects the successful expansion of our sales capacity and the integration of AI capabilities into our proprietary technology platform.”
Christenson added that Entravision’s balance sheet is strong and that the publicly traded company made a voluntary debt prepayment of $10 million in Q2 as started the third quarter by entering into an amendment to Entravision’s credit agreement that was designed to increase its financial stability and accelerate debt reduction.
