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Boat Rocker Media Inc. (T:BRMI)

Business Focus: Movie, TV Production & Distribution

Sector:  Consumer Cyclicals Industry:  Entertainment Production
 
Company Contact
Address: 310 King Street East
TORONTO ON M5A 1K6
Tel: N/A
Website: https://www.boatrocker.com/home/default.aspx
IR: See website
Key People
David Fortier
Co-Executive Chairman and Co-Chairman of Boat Rocker Studios
Ivan Schneeberg
Co-Executive Chairman and Co-Executive Chairman of Boat Rocker Studios
Michel Pratte
President
John Young
Chief Executive Officer, Director
Judy Adam
Chief Financial Officer
Samantha Traub
Chief Corporate Officer, General Counsel
Business Overview
Boat Rocker Media Inc. is a Canada-based independent and integrated global entertainment company. The Company creates and produces television and film content across many genres, distributes content worldwide, and represents on-screen talent and third-party intellectual property (IP) owners. The Company operates through three segments: Television, Kids and Family, and Representation. The Television segment operates under various brands, including Boat Rocker Studios, Scripted, Proper Productions, Insight Productions, and Matador Content. The Television segment includes live action scripted and unscripted content production and owned IP distribution. The Kids and Family segment includes the Company's Kids and Family studio, the Jam Filled Entertainment animation studio, and the consumer products business. The Representation segment includes brand and management services provided to talent and IP representation and licensing sales services to IP owners.
Financial Overview
For the fiscal year ended 31 December 2023, Boat Rocker Media Inc revenues increased 56% to C$475.4M. Net loss increased from C$7.5M to C$32.1M. Revenues reflect Television segment increase from C$172.5M to C$387M, United States segment increase of 72% to C$365M, Other segment increase of 89% to C$25.7M. Higher net loss reflects Impairment expense increase from C$0K to C$15.2M (expense).
Employees: 675 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $140.27M as of Dec 31, 2023
Annual revenue (TTM): $475.41M as of Dec 31, 2023
EBITDA (TTM): $27.53M as of Dec 31, 2023
Net annual income (TTM): -$32.11M as of Dec 31, 2023
Free cash flow (TTM): $66.40M as of Dec 31, 2023
Net Debt Last Fiscal Year: $110.67M as of Dec 31, 2023
Shares outstanding: 32,895,862 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization