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Stocks in play: Boat Rocker Media Inc.
Reported its financial results for the three months ended September 30, 2024. Q3 Adjusted EBITDA of a loss of $4.6 million versus a gain of $21.3 million in Q3 2023, a decrease of $26.0 million. Year-to-date Adjusted EBITDA decreased by $23.8 million or 95.3% to $1.2 million compared to $25.0 million in the prior year comparative period. Net loss of $18.0 million in Q3 versus a net loss of $8.5 million in Q3 2023, a decrease of $9.5 million. Year-to-date net income of $21.4 million, which includes the gain on the sale of Untitled, versus a loss of $23.8 million in the comparative year period, an increase of $45.2 million or 189.8%. Boat Rocker Media Inc. shares T.BRMI are trading down $0.07 at $0.78.
