NYSE$BOC

Boston Omaha Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Boston Omaha reported its full year 2024 financial results.

Boston Omaha Corporation reported total revenues of $108,274,901 for the fiscal year ended December 31, 2024, an increase from $96,253,736 in the previous year. The company experienced a net loss attributable to common stockholders of $(1,292,450) for 2024, a significant improvement from $(7,004,009) in 2023. Basic and diluted net loss per share improved to $(0.04) in 2024 from $(0.23) in 2023.

  • Total revenues increased to $108.3 million in 2024 from $96.3 million in 2023, indicating growth across its business segments.
  • Net loss attributable to common stockholders significantly improved to $(1.3) million in 2024 from $(7.0) million in 2023.
  • Basic and diluted net loss per share improved to $(0.04) in 2024 from $(0.23) in 2023.
  • Cash inflow from operations for the year ended December 31, 2024, was $21.2 million, up from $16.1 million in 2023.

Headline financials

Total Revenue

$108M

Previous: $24.7M+338.8%
EPS (adj)

-$0.04

Previous: -$0.12+66.7%
Net Loss from Operations

-$8.47M

Previous: -$8.85M+4.3%
Net Other Income (Expense)

$11.6M

Previous: -$294K+4032.6%
Cash Inflow from Operations

$21.2M

Previous: $16.1M+31.7%
Book Value per Share

$16.99

Previous: $17.19-1.2%
Class A Common Stock Outstanding

30.8M

No prior period
Class B Common Stock Outstanding

527.8K

No prior period
Total Unrestricted Cash & Investments

$41.7M

Previous: $71.3M-41.5%
Total Assets

$728M

Previous: $768M-5.2%
Total Liabilities

$166M

Previous: $152M+9.1%
Boston Omaha Stockholders' Equity

$533M

Previous: $538M-1.0%
Noncontrolling Interests

$29.9M

Previous: $62.6M-52.2%
Total Equity

$563M

Previous: $601M-6.3%
Depreciation and Amortization

$22.2M

Previous: $19.6M+13.4%
Net Income

-$1.29M

Previous: -$3.58M+63.9%
Operating Income

-$8.47M

Previous: -$2.1M-303.8%

Revenue & EPS history

Boston Omaha · Revenue · Quarterly

$108M

Q4 2024+338.8%vs Q4 2023
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Boston Omaha · $108M total across 5 segments · Q4 2024

  • Billboard Rentals
    $45.2M+5.2%
  • Broadband Services
    $39.1M+10.6%
  • Premiums Earned
    $19.8M+41.8%
  • Investment and Other Income
    $2.3M+6.7%
  • Insurance Commissions
    $1.96M+4.2%

Forward guidance

The company's forward-looking statements indicate potential for market opportunity and growth, but also acknowledge risks and uncertainties that could impact future performance. The company does not commit to updating these statements.

Tailwinds

  • Potential market opportunity for current and future products and services.
  • Ability to acquire and successfully integrate suitable businesses.
  • Anticipated growth in total revenue.
  • Expectations for future financial position and results.
  • Potential for maintaining profitability in the future.

Headwinds

  • Competitive nature of the industries in which the company operates.
  • General business and economic conditions could adversely affect results.
  • Risk of financial distress or loss of any reinsurance company.
  • Risks associated with investments in both publicly traded securities and privately held businesses.
  • History of losses and challenges in maintaining profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.5%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+1.1%

Avg return

30 days after

36%

13 / 36 earnings

Positive

+10.3%

Q3 2020

Best reaction

-11.3%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+8.8%+21.2%
Q4 2025-2.8%-1.2%+1.6%
Q3 2025-6.7%-0.2%+9.9%
Q2 2025-9.6%-7.6%-1.5%
Q1 2025-6.2%-7.0%-8.5%
Q4 2024-0.5%+3.0%+7.3%
Q3 2024-6.6%-10.5%-5.6%
Q2 2024+1.1%+3.4%+9.9%
Q1 2024-2.2%-1.5%-0.8%
Q4 2023-4.3%-5.1%-1.5%
Q3 2023+5.2%+6.5%+11.8%
Q2 2023-1.6%-4.7%-5.4%
Q1 2023-1.7%-2.0%-0.8%
Q4 2022+5.5%+2.3%-4.3%
Q3 2022+6.0%+6.0%+2.9%
Q2 2022+4.8%+2.8%-2.6%
Q1 2022-0.1%-0.3%-0.2%
Q4 2021-0.5%-11.3%-25.0%
Q3 2021-3.9%-8.3%-19.5%
Q2 2021-5.2%-4.7%+1.8%
Q1 2021+1.0%+8.8%+13.5%
Q4 2020-7.5%-15.6%-21.3%
Q3 2020+10.3%+17.1%+35.4%
Q2 2020+1.9%-2.5%-3.2%
Q1 2020+1.7%-4.2%-14.5%
Q4 2019-11.3%-1.0%+19.8%
Q3 2019-4.5%-6.7%-11.5%
Q2 2019-1.3%+0.2%+2.2%
Q1 2019-6.4%-6.5%-9.4%
Q4 2018-0.1%-8.8%-7.9%
Q3 2018-10.8%-10.4%-15.0%
Q2 2018-6.0%-7.2%+34.7%
Q1 2018+0.9%-1.6%-10.2%
Q4 2017+1.1%+18.0%-4.1%
Q3 2017-2.2%-1.5%+31.1%
Q2 2017+7.8%+2.7%+9.9%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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