How did Boston Omaha's revenue and expenses trend in Q4 2024?
5/9/2025 08:23am
**Boston Omaha's revenue increased in Q4 2024, but expenses were not reported**, which makes it difficult to analyze the company's financial performance for the period. Here's a summary of the available data:
1. **Revenue Trend**: Boston Omaha Corporation (BOC) reported a total revenue of $27.93 million for the quarter ended December 31, 2024. This represents a 13.2% increase from the same quarter in the previous year. Analysts had expected revenue to be $27.50 million, so the reported figure was slightly higher than anticipated.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|BOC|BOC.N|Boston Omaha|2024 Q1|11.995844105298152|2.5552731E7|169|
|BOC|BOC.N|Boston Omaha|2024 Q2|11.857211275964538|2.7087783E7|169|
|BOC|BOC.N|Boston Omaha|2024 Q3|12.843498566345316|2.7700936E7|169|
|BOC|BOC.N|Boston Omaha|2024 Q4|13.212559278278649|2.7933451E7|169|
2. **Expense Information**: Unfortunately, the quarterly expenses for BOC in Q4 2024 were not reported. This lack of data prevents a comprehensive analysis of the company's financial performance for the period.
3. **Profitability Metrics**: Despite the revenue growth, BOC reported a negative net margin of 9.73% and a negative return on equity of 1.76% for the quarter. The company's earnings per share (EPS) was -$0.05, which missed analysts' consensus estimates of -$0.01 by -$0.04.
4. **Investment and Other Factors**: BOC's investment in Sky Harbour, a private airline hangar company, contributed to the net loss. The company reported a non-cash loss of $9.4 million from its share of Sky Harbour’s operational losses. However, there was a partial offset from a $7.8 million unrealized gain on warrants related to Sky Harbour's stock value increase.
In conclusion, while Boston Omaha experienced revenue growth in Q4 2024, the lack of expense data and the negative net margin indicate that the company faced challenges in translating revenue into profit. The investment in Sky Harbour and non-cash charges contributed to the negative earnings.