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Boat Rocker Media Reports Fourth Quarter and Full Year 2024 Financial Results
Boat Rocker Media Reports Fourth Quarter and Full Year 2024 Financial Results Canada Ne...
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[{"type":"text","content":"\n\n\n\n Boat Rocker Media Reports Fourth Quarter and Full Year 2024 Financial Results\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen1{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n April 1, 2025\n \n\n /CNW/ - Boat Rocker Media Inc. (\"Boat Rocker\" or the \"Company\" or \"BRMI\") (TSX: BRMI), an independent, integrated global entertainment company, today reported its financial results for the three months ended\n \n December 31, 2024\n \n (\"fourth quarter\" or \"Q4\") and the full year ended\n \n December 31, 2024\n \n . The Company's audited consolidated financial statements and accompanying notes and Management's Discussion and Analysis (\"MD&A\") for the three months and year ended\n \n December 31\n \n , 2024 and 2023 are available under the Company's profile on SEDAR+ (\n \n www.sedarplus.ca\n \n ). All dollar amounts are expressed in Canadian currency, unless otherwise noted. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures (see \"Non-IFRS Measures\" below).\n \n\n\n Financial Highlights\n \n\n 1\n \n\n\n\n\n\n Q4 2024 Adjusted EBITDA\n \n 2\n \n of\n \n $7.0 million\n \n versus\n \n $7.6 million\n \n in 2023. Full year 2024 Adjusted EBITDA\n \n 1\n \n of\n \n $8.2 million\n \n versus\n \n $32.6 million\n \n in the prior year period.\n \n\n Q4 2024 net loss of\n \n $36.2 million\n \n versus a net loss of\n \n $3.1 million\n \n in Q4 2023. Full year 2024 net loss of\n \n $14.8 million\n \n , versus a net loss of\n \n $26.9 million\n \n in the prior year period.\n \n\n Q4 2024 revenue of\n \n $66.1 million\n \n versus\n ...