Trade Salem Media - SALM CFD

Trading Conditions
Spread0.05
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. CloseN/A
Open0.38
1-Year Change-68.85%
Day's Range0.38 - 0.38

Salem Media Company profile

About Salem Media Group Inc

Salem Media Group, Inc. is a multi-media company specializing in Christian and conservative content, with media properties consisting of radio broadcasting, digital media, and publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company's Broadcast segment is engaged in the business of radio broadcasting, which includes the ownership and operation of radio stations in metropolitan markets. It creates and distributes programming content though its radio stations and its networks, including its national and local on-air hosts. The Company's Digital Media segment provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through the Web. The Company's Publishing segment operates a distribution network targeting audiences in Christian and family-themed content as well as conservative news and opinion. It owns and/or operates approximately 101 radio stations.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Salem Media Group Inc revenues increased 9% to $258.2M. Net income totaled $41.5M vs. loss of $54.1M. Revenues reflect Corporate segment increase from $0K to $24.6M, Radio Broadcasting segment increase of 7% to $191.4M, Digital Media/Internet segment increase of 6% to $42.2M. Net Income reflects Radio Broadcasting segment income increase from $12M to $62.7M.

Equity composition

Common Stock Class A $.01 Par, 05/11, 80M auth., 21,000,193 issd., less 2,317,650 shs. in Treas. @ $34M. Insiders own 44.93%. IPO 7/1/99, 8.5M Class A shares(6.72M by the Company) @ $22.50 by Deutsche Bank Alex Brown. Common Stock Class B $.01 Par, 20M auth., 5,553,696 issd. Insiders own 100%.