Bright Mountain Q4 revenue $17.1M (+13%), net loss narrows; FY Adjusted EBITDA positive

Bright Mountain Media, Inc.

Q4 revenue $17.1M (+13% YoY); gross margin $5.5M (+1%); net loss $3.8M vs $5.9M loss.
FY 2024 revenue $56.7M (+27%); full-year net loss $17.0M improved from $35.6M loss.
FY Adjusted EBITDA $790,000 vs loss $3.9M; no goodwill impairment in 2024 (vs $17M in 2023).
Segment breakdown: ad tech $18.4M, consumer insights $27.0M, creative $7.1M, media $2.4M, digital publishing $1.7M.
Drinkwater cites leverage from acquisitions and focus on integrated marketing services platform.

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