In This Article:
Boat Rocker Media (TSE:BRMI) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$36.8m (down 82% from 3Q 2023).
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Net loss: CA$18.5m (loss widened by 93% from 3Q 2023).
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CA$0.33 loss per share (further deteriorated from CA$0.17 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Boat Rocker Media Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 45%. Earnings per share (EPS) also missed analyst estimates.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in North America.
Performance of the market in Canada.
The company's shares are down 28% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Boat Rocker Media you should know about.
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