Filing Flows

Filing Flows › Boston Omaha (BOC) › Q1 2025

Boston Omaha (BOC) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 14, 2025

Boston Omaha (BOC) reported revenue of $27.7M for the first quarter 2025 (Q1 2025), +9% from a year earlier and -0.7% from the quarter before. Operating margin was -2.9%, net loss $2.4M (8.8% of revenue).

Revenue$27.7M
Year over year+9%
Quarter over quarter-0.7%
Operating margin-2.9%
Net earnings−$2.4M

Boston Omaha, Q1 2025: revenue $27.7M (+8% year over year), operating margin -2.9%, net loss $2.4M, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$27.7M-0.7%+9%
Operating profit−$798K——
Net earnings−$2.4M-125%—
Operating cash flow$2.6M-72%+6%

What changed

Revenue was $27.7M in Q1 2025, up 9% year over year and down 1% from the previous quarter.

Gross margin was 67.3%, down 0.7 points from a year earlier. Operating costs exceeded revenue by $798K, an operating margin of -2.9%. Operating expenses grew 0% against revenue growth of 9%. The quarter ended with a net loss of $2.4M, after a profit of $9.9M the previous quarter. Minority interests bore $1.8M of it: to shareholders the quarter was a loss of $669K. Net interest and other expense of $1.8M was the main reason.

Operating cash flow was $2.6M (up 6% year over year). Non-cash charges added back $4.0M of depreciation. Working capital and other items added $1.0M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$4.3M.

Questions

What was Boston Omaha's revenue in the first quarter 2025?

Boston Omaha (BOC) reported revenue of $27.7M for the first quarter 2025 (Q1 2025), +9% from a year earlier and -0.7% from the quarter before.

Was Boston Omaha profitable in the first quarter 2025?

Operating loss was $798K (-2.9% of revenue) and net loss $2.4M.

Open the interactive Sankey →

Source: Boston Omaha 10-Q on SEC EDGAR.