Loop Media Inc (PK:LPTV)

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
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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

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