earnings
confidence high
sentiment positive
materiality 0.70
Boston Omaha 2024 revenue $108.3M, net loss narrows to $1.3M; Sky Harbour warrants boost other income
BOSTON OMAHA Corp
- Total revenues $108.3M (+12.5% YoY); net loss attributable to common stockholders $(1.3)M vs $(7.0)M in 2023.
- Basic/diluted net loss per share $(0.04) vs $(0.23) prior year.
- Billboard rentals $45.2M (+5.2%), broadband services $39.1M (+10.6%), premiums earned $19.8M (+41.8%).
- Net other income $11.6M includes $17M unrealized gain on Sky Harbour warrants, offset by $17.3M loss from unconsolidated affiliates.
- Cash from operations $21.2M (up from $16.1M); book value per share $16.99; repurchased 111,323 shares for $1.6M.