Risk factors
Saga Communications (SGA) risk factors
Item 1A of every Saga Communications Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors25 risks6 new5 dropped7 reworded
Saga Communications completed a sale-leaseback transaction for its radio towers, adding new real estate lease risks.
Filed Apr 14, 2026 - FY2024 10-K risk factors24 risks
Saga Communications faces primary risks from advertising revenue cyclicality, dependence on key radio markets, and extensive federal broadcast regulations. Long-term debt stands at approximately $5,000,000, and FCC broadcasting licenses represent 41% of total assets.
Filed Mar 31, 2025