Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Boat Rocker Media Inc (TSE:BRMI)
:BRMI
Holding TSE:BRMI?
Track your performance easily
Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.06Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 14, 2021
|% Change Since: -19.05%
|Next Earnings Date:Mar 31, 2021
Earnings Call Sentiment|Negative
Despite a strong balance sheet and strategic investments in IP and co-productions, the significant decline in revenue and adjusted EBITDA, along with industry challenges, weigh heavily on the company's short-term performance. The company remains optimistic about long-term growth as the industry recovers.Company Guidance
During Boat Rocker Media's Q3 2024 earnings call, the management provided guidance underscoring several key metrics and strategic initiatives. The company reported total Q3 revenue of $36.8 million, a significant decline from $196.4 million in Q3 2023, primarily due to decreased production revenues in the Television segment. Adjusted EBITDA was a loss of $4.6 million, down from a positive $20.2 million in the prior year, reflecting the impact of lower scripted production deliveries due to industry disruptions. Despite these challenges, the company maintained a strong balance sheet with $52.7 million in cash and no corporate debt. Looking forward, management reaffirmed their full-year adjusted EBITDA guidance of approximately $10 million, while acknowledging potential revenue recognition delays for key titles. To bolster long-term growth, Boat Rocker remains focused on strategic investments in intellectual property, co-productions, and capitalizing on greenlight opportunities, alongside plans to repurchase up to 2 million shares under the NCIB, which expires on September 5, 2025.Healthy Balance Sheet
The company remains debt-free with $52.7 million of cash available for use at the quarter end.
Investment in IP and Co-Productions
Focus on distribution, rights management, and investment in IP with co-production opportunities to drive growth.
Renewals and New Productions
Several projects received renewals and new productions including 'The Next Step' for a 10th season, 'Palm Royale' for a 2nd season, and a new series 'BET' for Netflix.
Kids and Family Segment Growth
Revenue in this segment increased by 25% compared to the previous year, driven by higher service output and increased production and distribution revenues.
---
TSE:BRMI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:BRMI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | C$0.84 | C$0.64 | -23.81% |
| Aug 13, 2024 | C$0.93 | C$0.95 | +2.15% |
| May 15, 2024 | C$0.85 | C$0.85 | 0.00% |
| Mar 28, 2024 | C$0.90 | C$1.00 | +11.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Boat Rocker Media Inc (TSE:BRMI) report earnings?
Boat Rocker Media Inc (TSE:BRMI) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Boat Rocker Media Inc (TSE:BRMI) earnings time?
Boat Rocker Media Inc (TSE:BRMI) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:BRMI EPS forecast?
TSE:BRMI EPS forecast for the fiscal quarter 2024 (Q4) is 0.06.
---