Filing Flows › Bright Mountain Media (BMTM) › Q4 2024
Bright Mountain Media (BMTM) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 10, 2025
Bright Mountain Media (BMTM) reported revenue of $17.1M for the fourth quarter 2024 (Q4 2024), +13% from a year earlier and +21% from the quarter before. Operating margin was -5.3%, net loss $3.8M (22.2% of revenue).
Bright Mountain Media, Q4 2024: revenue $17.1M (+13% year over year), operating margin -5.3%, net loss $3.8M, operating cash flow $2.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.1M | +21% | +13% |
| Operating profit | −$898K | — | — |
| Net earnings | −$3.8M | — | — |
| Operating cash flow | $2.3M | — | +90% |
What changed
Revenue was $17.1M in Q4 2024, up 13% year over year and up 21% from the previous quarter. Advertising Services was the largest line at 44% of revenue.
Gross margin was 32.3%, down 3.6 points from a year earlier. Operating costs exceeded revenue by $898K, an operating margin of -5.3%. Operating expenses fell 24% while revenue rose 13%. The quarter ended with a net loss of $3.8M, wider than the previous quarter's $3.3M loss. Net interest and other expense of $2.9M was the main reason.
Operating cash flow was $2.3M (up 90% year over year). Non-cash charges added back $498K of depreciation and amortization and $63K of share-based compensation. Working capital and other items added $5.6M.
Questions
What was Bright Mountain Media's revenue in the fourth quarter 2024?
Bright Mountain Media (BMTM) reported revenue of $17.1M for the fourth quarter 2024 (Q4 2024), +13% from a year earlier and +21% from the quarter before.
Was Bright Mountain Media profitable in the fourth quarter 2024?
Operating loss was $898K (-5.3% of revenue) and net loss $3.8M.