BOSTON OMAHA Reports 14.5% Increase in Revenue for Third Quarter of FY2023

November 20, 2023

☀️Earnings Overview

On September 30 2023, BOSTON OMAHA ($NYSE:BOC) announced their financial results for the third quarter of the 2023 fiscal year, with total revenue amounting to USD 24.6 million, a 14.5% increase from Q3 of the previous year. Meanwhile, net income for Q3 2023 was recorded at USD -1.6 million, slightly lower than the -1.4 million reported in the same quarter of 2022.

Analysis

GoodWhale conducted an analysis of BOSTON OMAHA‘s fundamentals using the Star Chart tool. The results showed that BOSTON OMAHA is particularly strong in the asset and growth categories, while being only medium in profitability and weak in dividend. Based on these findings, BOSTON OMAHA is classified as a ‘cheetah’ company, meaning that it has achieved high revenue or earnings growth, but is considered less stable due to lower profitability. Given this classification, BOSTON OMAHA may be best suited to investors who can handle a higher level of risk and are looking for potentially high returns. In addition to the growth potential, GoodWhale’s analysis also gave BOSTON OMAHA an intermediate health score of 6/10, suggesting that it is likely to sustain future operations in times of crisis. More…

  • Star Chart Analysis
  • Valuation Analysis
  • About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Boston Omaha. More…

    Total Revenues Net Income Net Margin
    94.18 0.32 1.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Boston Omaha. More…

    Operations Investing Financing
    16.65 -65.71 40.41
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Boston Omaha. More…

    Total Assets Total Liabilities Book Value Per Share
    764.08 149.16 17.28
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Boston Omaha are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    27.1% -7.6%
    FCF Margin ROE ROA
    -38.6% -0.8% -0.6%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items




  • Peers

    The competition between Boston Omaha Corp and its competitors is fierce. Each company is vying for a share of the market, and each has its own strengths and weaknesses. Innocean Worldwide Inc is a large company with a strong presence in the market. Domain Holdings Australia Ltd is a small company with a niche market. Nestbuilder.com Corp is a new company with a innovative product.

    – Innocean Worldwide Inc ($KOSE:214320)

    Innocean Worldwide Inc is a South Korean advertising agency. The company has a market cap of 843B as of 2022 and a Return on Equity of 9.71%. Innocean Worldwide Inc specializes in creating and executing integrated marketing campaigns for its clients. The company has a strong focus on digital marketing and has a team of experienced professionals who are experts in this field. Innocean Worldwide Inc has a wide range of clients, both in Korea and internationally, and has a proven track record of delivering successful campaigns.

    – Domain Holdings Australia Ltd ($ASX:DHG)

    Domain Holdings Australia Ltd is a digital media and services company. The company focuses on delivering an integrated suite of products and services that enable people to connect with each other and with the places they live, work and visit. Domain Holdings Australia Ltd has a market cap of 1.95B as of 2022, a Return on Equity of 4.18%. The company’s products and services include digital marketing, web design and development, and online advertising.

    – Nestbuilder.com Corp ($OTCPK:NBLD)

    Nestbuilder.com Corp is a company that provides online real estate services. The company has a market capitalization of 231.44k and a return on equity of -8065.9%. The company offers a variety of services including listings, home buying and selling tips, and mortgage information.

    Summary

    Investors are taking a close look at BOSTON OMAHA as its total revenue for the third quarter of FY2023 is up 14.5%, hitting USD 24.6 million. However, net income for the same period dropped to -1.6 million, a decrease from -1.4 million in the previous year’s corresponding quarter. The company’s current outlook appears to be an uncertain one, making it an interesting investment opportunity for investors interested in taking on some risk.

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