Boat Rocker Media Inc (TSE:BRMI) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Boat Rocker Media Inc. experienced a significant decline in Q1 2024 revenue, dropping 35.7% to $51.3 million from the previous year, but improved its Adjusted EBITDA to $3.2 million, marking a 279.7% increase from a Q1 2023 loss. Despite a net loss of $2.5 million, the company saw an improvement over the $9.5 million net loss in Q1 2023 and maintains a strong cash position with $98.2 million available. Boat Rocker’s content highlights include successful premieres on top streaming platforms and continued investment in new productions across various genres.
For further insights into TSE:BRMI stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue