Boat Rocker Media Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 07:13 am EST
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Boat Rocker Media Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 80.71 million compared to CAD 203.33 million a year ago. Net income was CAD 1.42 million compared to net loss of CAD 3.82 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to basic loss per share from continuing operations of CAD 0.07 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to diluted loss per share from continuing operations of CAD 0.07 a year ago.
For the nine months, sales was CAD 192.99 million compared to CAD 317.91 million a year ago. Net loss was CAD 10.01 million compared to CAD 21.7 million a year ago. Basic loss per share from continuing operations was CAD 0.18 compared to CAD 0.45 a year ago. Diluted loss per share from continuing operations was CAD 0.18 compared to CAD 0.45 a year ago.
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 Companyâs 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.
BOAT ROCKER MEDIA INC. 
