Sector: Consumer Cyclicals | Industry: Broadcasting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2600 WEST OLIVE AVENUE, SUITE 5470 BURBANK CA 91505 |
Tel: | N/A |
Website: | https://loop.tv |
IR: | See website |
Key People | ||
Bruce A. Cassidy Executive Chairman of the Board | Justis Kao Interim Chief Executive Officer | Neil T. Watanabe Chief Financial Officer |
Randy Greenberg Chief Operating Officer, Chief Marketing Officer | Bob Gruters Chief Revenue Officer | Andy Schuon Head of Loop Media Studios |
Business Overview |
Loop Media, Inc. is a multichannel digital video platform media company that uses marketing technology to offer its services. Its technology and library of videos and licensed content enables it to curate and distribute short-form videos to out-of-home (OOH) dining, hospitality, retail, convenience stores and other locations and venues to enable them to inform, entertain and engage their customers. Its technology provides third-party advertisers with a targeted marketing and promotional tool for their products and services and, in certain instances, allows it to measure the number of potential viewers of such advertising and promotional materials. It distributes its content and advertising inventory to digital screens located in OOH locations primarily through its owned and operated platform of Loop Media-designed small-box streaming Android media players (Loop Players) and legacy ScreenPlay computers, and through screens on digital platforms owned and operated by third parties. |
Financial Overview |
For the nine months ended 30 June 2024, Loop Media Inc revenues decreased 29% to $18.5M. Net loss decreased 20% to $18.3M. Revenues reflect SERVICES-HELP SUPPLY SERVICES segment decrease of 10% to $18.5M. Basic Earnings per Share excluding Extraordinary Items increased from -$0.41 to -$0.26. |
Employees: | 74 as of Dec 15, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7.57M as of Jun 30, 2024 |
Annual revenue (TTM): | $24.21M as of Jun 30, 2024 |
EBITDA (TTM): | -$18.01M as of Jun 30, 2024 |
Net annual income (TTM): | -$27.32M as of Jun 30, 2024 |
Free cash flow (TTM): | -$6.03M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $4.77M as of Jun 30, 2024 |
Shares outstanding: | 80,825,910 as of Aug 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |