Boat Rocker Media Inc (TSE:BRMI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Boat Rocker Media Inc. experienced a significant increase in annual revenue, jumping 56.2% to $475.4 million in 2023, although facing a dip in both yearly and fourth-quarter Adjusted EBITDA, with a full-year decrease of 5.8% and a sharp 56% drop in Q4. Despite the industry challenges, including strikes, the company remained debt-free with a solid cash position of $72.5 million at year-end. The CEO expressed optimism for the future, highlighting completed deliveries and ramping up international sales of their premium scripted series.
For further insights into TSE:BRMI stock, check out TipRanks’ Stock Analysis page.
