Boat Rocker Media (BRMI) AI Stock Analysis

• Market Cap: C$50.05M
• Dividend Yield: N/A
• Average Volume (3M): 24.94K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.17
• Revenue Growth: -58.70%
• EPS Growth: -711.28%
• Country: CA
• Employees: 683
• Sector: Communication Services
• Sector Strength: 93
• Industry: Entertainment
• EPS (TTM): 0.08
• Shares Outstanding: 33,324,913
• 10 Day Avg. Volume: 5,549
• 30 Day Avg. Volume: 24,943
• PEG Ratio: -0.71
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.50
• Price Target Upside: 70.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: C$1.00 ▲(13.64%Upside)

Boat Rocker Media's overall stock score reflects a mix of financial challenges and potential strategic opportunities. The company's persistent financial struggles are balanced by promising corporate actions such as the reverse takeover by Blue Ant Media, which could enhance long-term growth. Technical indicators suggest a neutral market sentiment, while valuation remains a concern due to negative earnings.

Boat Rocker Media Business Overview & Revenue Model

Company Description

Boat Rocker Media Inc. is a Canadian entertainment company that specializes in the creation, production, and distribution of premium content for the global market. The company operates across multiple sectors including television, film, animation, and digital media, offering a diverse range of services such as content production, talent management, and brand licensing. Boat Rocker Media is known for its innovative storytelling and has a portfolio of successful projects that span various genres and formats.

How the Company Makes Money

Boat Rocker Media generates revenue through multiple streams, primarily from the production and distribution of content across television, film, and digital platforms. The company earns income by creating original content that is commissioned or licensed by broadcasters and streaming services. Additionally, Boat Rocker Media monetizes its intellectual property through brand licensing, merchandising, and international sales. The company also benefits from talent management services, where it represents writers, directors, and other creative professionals, earning commissions and fees. Strategic partnerships and co-production agreements with other entertainment companies further enhance its revenue potential by facilitating wider distribution and access to new markets.

Boat Rocker Media Financial Statement Overview

Summary

Boat Rocker Media demonstrates mixed financial health. While the company has a solid equity base and positive free cash flow, it struggles with declining revenues and persistent net losses. The balance sheet shows moderate leverage, but profitability and operational efficiencies need improvement for better financial stability.

Income Statement

Boat Rocker Media has faced challenges in sustaining revenue growth, with a significant decline in total revenue from 2023 to 2024. The gross profit margin for 2024 is approximately 29.2%, which is respectable, but the net profit margin remains negative at -10.6%, indicating ongoing profitability challenges. EBIT and EBITDA margins are also negative, reflecting operational difficulties and high expenses relative to revenue.

Balance Sheet

The debt-to-equity ratio is approximately 0.49, suggesting moderate leverage. The return on equity (ROE) is negative due to negative net income, indicating inefficiencies in utilizing equity capital. However, the equity ratio is around 52.8%, which reflects a solid capital structure with a substantial equity buffer.

Cash Flow

The free cash flow is positive in 2024, showing a capacity to generate cash despite negative net income. Free cash flow to net income ratio indicates strong cash conversion, but operating cash flow decreased year-over-year, suggesting potential issues in cash flow sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	193.50M	475.41M	304.28M	580.37M	226.80M
Gross Profit	56.51M	101.21M	122.49M	102.78M	74.97M
EBITDA	19.16M	3.97M	120.67M	17.75M	44.96M
Net Income	-20.44M	-32.11M	1.80M	-12.08M	-43.99M
Balance Sheet
Total Assets	423.28M	604.21M	796.55M	603.54M	663.41M
Cash, Cash Equivalents and Short-Term Investments	86.52M	72.54M	85.79M	96.95M	71.75M
Total Debt	109.43M	162.89M	232.90M	143.43M	250.97M
Total Liabilities	199.32M	372.20M	534.89M	339.76M	603.75M
Stockholders Equity	223.72M	202.08M	231.75M	235.07M	31.27M
Cash Flow
Free Cash Flow	42.77M	66.40M	-75.31M	-19.58M	-38.19M
Operating Cash Flow	43.71M	67.73M	-74.13M	-16.88M	-36.52M
Investing Cash Flow	49.90M	-2.12M	-1.89M	-5.67M	-1.47M
Financing Cash Flow	-81.82M	-78.11M	68.08M	47.79M	50.20M

Boat Rocker Media Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.88
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRMI, the sentiment is Positive. The current price of 0.88 is below the 20-day moving average (MA) of 0.90, below the 50-day MA of 0.89, and above the 200-day MA of 0.80, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.42 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BRMI.

Boat Rocker Media Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZOMD	84 Outperform	$136.86M	7.68	82.67%	―	105.03%	―
TBRD	78 Outperform	C$67.02M	11.22	9.94%	―	25.69%	―
Sector *	58 Neutral	C$3.18B	5.94	-0.75%	6.71%	-2.19%	-11.60%
VRTS	57 Neutral	C$12.94M	―	-251.82%	―	-4.88%	93.73%
BRMI	54 Neutral	C$50.05M	―	-49.83%	―	-58.70%	-711.28%

Boat Rocker Media Corporate Events

Boat Rocker and Blue Ant Finalize Reverse Take-Over and Asset Sales

Boat Rocker Media Inc. and Blue Ant Media Inc. have announced the receipt of a final court order for Blue Ant’s reverse take-over of Boat Rocker, leading to Blue Ant going public. This transaction involves Boat Rocker selling its studios to a privately owned company and its minority investment in a U.S. talent management business to Fairfax Financial Holdings. With all necessary approvals secured, the transactions are expected to close in July 2025, marking a significant shift in Boat Rocker’s business operations and market positioning.

The most recent analyst rating on (TSE:BRMI) 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:BRMI Stock Forecast page.

Boat Rocker Media Secures Shareholder Approval for Strategic Transaction

Boat Rocker Media Inc. announced that its shareholders have approved a significant transaction involving a reverse takeover by Blue Ant Media Inc., a management buyout of Boat Rocker Studios, and the sale of its interests in The Initial Group Global, LLC. This transaction, which offers a substantial premium on BRMI shares, is expected to enhance the company’s market positioning and operational focus. The completion of the transaction is contingent upon certain conditions, including court approval and regulatory consents, which have been partially secured.

The most recent analyst rating on (TSE:BRMI) 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:BRMI Stock Forecast page.

Boat Rocker Media Announces Q1 2025 Results and Strategic Transaction

Boat Rocker Media reported its financial results for the first quarter of 2025, highlighting a significant impairment expense related to the sale of Boat Rocker Studios. The company announced a reverse takeover by Blue Ant Media and a management buyout, aiming to enhance shareholder value and improve its market position. The transaction involves selling Boat Rocker Studios and retaining other business divisions, with the board supporting the move as beneficial for minority shareholders.

The most recent analyst rating on (TSE:BRMI) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Boat Rocker Media stock, see the TSE:BRMI Stock Forecast page.

Boat Rocker Media Announces Strategic Transactions Ahead of Shareholders’ Meeting

Boat Rocker Media has announced the filing of management information circulars for a special shareholders’ meeting scheduled for June 17, 2025. The meeting will address significant resolutions, including a reverse takeover by Blue Ant Media, a management buyout of Boat Rocker Studios, and the sale of interests in The Initial Group to Fairfax Financial Holdings. These strategic moves are poised to reshape the company’s operations and influence its market positioning, potentially impacting stakeholders by altering the company’s ownership and operational structure.

Boat Rocker Media Reports 2024 Financial Results and Announces Strategic Transactions

Boat Rocker Media reported a challenging financial performance for the fourth quarter and full year of 2024, with a significant decline in adjusted EBITDA and a substantial net loss. The company faced macroeconomic headwinds, affecting its scripted production segment, leading to non-cash impairment charges. Despite these challenges, Boat Rocker is investing in distribution and rights management to drive future growth. The company announced a proposed reverse takeover by Blue Ant Media Inc. and a management buyout, which is expected to enhance long-term stability and growth prospects.