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Boat Rocker Media ( (TSE:BAMI) ) has shared an announcement.
Blue Ant Media reported a 31% increase in Adjusted EBITDA for the third quarter of fiscal 2025, driven by strong growth in its Global Channels & Streaming segment and a significant rise in Connected TV advertising sales. Despite challenges in the traditional broadcast advertising market and delayed production greenlights, the company saw a 7% increase in revenues year-over-year. The recent reverse takeover has positioned Blue Ant to pursue growth opportunities through acquisitions, despite current industry challenges.
The most recent analyst rating on (TSE:BAMI) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Boat Rocker Media stock, see the TSE:BAMI Stock Forecast page.
Spark’s Take on TSE:BAMI Stock
According to Spark, TipRanks’ AI Analyst, TSE:BAMI is a Neutral.
Boat Rocker Media’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, profitability, and negative cash flows. The technical analysis also indicates bearish momentum, further weighing down the score. The valuation is unattractive due to the negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.
To see Spark’s full report on TSE:BAMI stock, click here.
More about Boat Rocker Media
Blue Ant Media Corporation is an international streamer, production studio, and rights business. The company focuses on global channels and streaming, with operations in interconnected streaming, production, and distribution.
Average Trading Volume: 2,276
Technical Sentiment Signal: Sell
Learn more about BAMI stock on TipRanks’ Stock Analysis page.