BOC Research | Milton Maxwell

BOC

Boston Omaha Corporation

13.55

-0.19-1.38%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

426.19M

P/E (TTM)

Basic EPS (TTM)

-0.01

Dividend Yield

Recent Filings

8-K

11/17/25Nov 17, 2025

8-K

Q3 revenues rise, loss widens

11/13/25Nov 13, 2025

Boston Omaha reported Q3 2025 revenues of $28.7M, up from $27.7M last year, driven by broadband and insurance gains, yet net loss widened to $2.6M from $1.6M on $4.1M other expenses including Sky Harbour unrealized losses. Cash from operations held steady at $12.1M for nine months. Book value dipped to $16.80 per share.

10-Q

Q3 FY2025 results

11/13/25Nov 13, 2025

Boston Omaha posted Q3 revenues of $28.7M, up 3.7% y/y, driven by 2.5% billboard rental growth to $11.8M and 5.0% broadband gains to $10.2M, while insurance premiums rose 3.9% to $5.6M. Gross margins held firm despite insurance cost pressures from higher loss adjustment expenses, yielding a slim operating loss of $1.1M versus $0.7M last year. Cash swelled to $37.1M with $12.1M YTD operating cash flow; total debt sits at $45.3M under billboard and broadband facilities, both covenant-compliant. Sky Harbour stake delivered equity income, offsetting fund fair-value hits. Volatility stalks those real estate fund marks.

8-K

BOC annual meeting results

8/26/25Aug 26, 2025

Boston Omaha Corporation held its annual stockholder meeting on August 25, 2025. Stockholders elected six directors—Tom Burt, David S. Graff, Brendan J. Keating, Frank H. Kenan II, Jeffrey C. Royal, and Vishnu Srinivasan—despite some withheld votes topping 4 million for Srinivasan. They ratified Deloitte & Touche LLP as auditors and approved executive compensation on advisory votes. Directors serve one year.

8-K

Annual meeting presentation filed

8/25/25Aug 25, 2025

Boston Omaha presented a slide deck at its annual shareholder meeting on August 25, 2025, filed under Regulation FD as Exhibit 99.1. The presentation, also posted on the company's website that day, is not deemed filed for SEC purposes. No financial or operational details disclosed in the 8-K.

About

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. The company is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. Boston Omaha Corporation was founded in 2017 and is headquartered in Omaha, Nebraska.

CEO

Mr. Adam Kenneth Peterson

IPO

6/13/2017

Website

https://www.bostonomaha.com

Employees

407

Sector

Industrials

Industry

Conglomerates