# Saga Communications, Inc (SGA) · Edgar & Edgarette company card

> Saga Communications, Inc (SGA) saw revenue fall 5.1% in FY2025 to $107 million, operating margin -10.3% against a 7.0% median for radio broadcasting stations, equity 75.2% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 886136 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SGA) · [JSON](https://www.pops4.com/boards/company/SGA.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $107M |
| Revenue growth, 1 year | -5.1% |
| Revenue growth per year | -0.3% |
| Operating margin | -10.3% (prior year 2.1%) |
| Net margin | -7.4% |
| Operating cash flow | $5M |
| Capital spending | $3M |
| Free cash flow | $2M |
| Cash | $23M |
| Long-term debt | $5M |
| Total assets | $201M |
| Total equity | $151M |
| Equity ÷ assets | 75.2% |
| Return on equity | -5.2% |
| Dividend per share | $1 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 5.74 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Weathered boat · two warning signs · filed late annual report notice in the last 12 months; operating loss: a margin of -10.3% in FY2025
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

Exposure: revenue $107.1M (FY2025), total debt $5.0M. Experience: revenue down 5.1% on the year, down 0.3% a year over 4 years; operating margin -10.3%, down from 2.1%. Soundness: equity 75.2% of assets, return on equity -5.2%, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $88.7M and $115.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $83.0M to $123.3M. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, its industry group): operating margin -10.3% against a 7.0% median; growth -5.1% against -5.2%.

Range logged 2026-09-29, receipt 81ea88acbb1d42a7, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-04-01 ([filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926038286/0001104659-26-038286-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-04-15 ([filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926043774/0001104659-26-043774-index.htm))

## Recent filings

- 8-K · filed 2026-09-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926106725/0001104659-26-106725-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926097036/0001104659-26-097036-index.htm)
- 8-K · filed 2026-08-13 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926095527/0001104659-26-095527-index.htm)
- 8-K · filed 2026-06-02 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926069446/0001104659-26-069446-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926057921/0001104659-26-057921-index.htm)
- 8-K · filed 2026-05-07 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/886136/000110465926056765/0001104659-26-056765-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000886136.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=886136

## Cite

POPS4, Edgar & Edgarette: Saga Communications, Inc (SGA) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SGA. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.