Link Media had a solid 2024 but Link Media’s parent Boston Omaha has hit pause on acquisitions. Here is a review of Boston Omaha’s 2024 10k and 2024 annual letter, sponsored and analyzed by SignValue. A textbook case of scale economies This chart shows the steady improvement of Link Media’s […]
Boston Omaha released third quarter 2024 financials yesterday. Here are the financials for Boston Omaha’s Link Media Outdoor subsidiary, sponsored and analyzed by SignValue. Revenues 2024 increased 5.6% to $11.5 million for 3Q 2024 due to improved rates and occupancy. The company has 7,600 billboard faces which works out to […]
Boston Omaha Corporation Announces Adoption of $20 Million Class A Common Stock Repurchase Program 07/25/2024 OMAHA, Neb.–(BUSINESS WIRE)– Boston Omaha Corporation (NYSE: BOC) (the “Company”) announced today that its Board of Directors (the “Board”) approved a share repurchase program under which the Company can repurchase up to $20,000,000 of its Class […]
Yesterday Boston Omaha Corporation released its 2023 Annual Letter. It is blissfully free of the fuzzy-management-consulting-speak which clogs many public company annual reports and letters. Here are three things about Link Media Outdoor (Boston Omaha’s out of home subsidiary) which SignValue learned from reading the Boston Omaha 2023 Annual Letter. […]
Boston Omaha released 1Q 2024 financials. Here are the results for Link Media Outdoor, Boston Omaha’s wholly owned out of home subsidiary, sponsored and analyzed by SignValue. Revenues increased 3.8% to $10.6 million reflecting an improvement in rate and occupancy. At March 31, 2024 Link Media Outdoor operated a plant […]
OMAHA, Neb.–(BUSINESS WIRE)– Boston Omaha Corporation (NYSE: BOC) (“Boston Omaha” or the “Company”), a diversified company, today announced that Alex Rozek, Co-CEO and Co-Chair, has left the Company, effective as of May 9, 2024 to pursue new entrepreneurial opportunities. Adam Peterson will continue to lead the Company as Chair and CEO. […]
Here are five things about Link Media Outdoor which Billboard Insider learned from reading the 2023 10k of Boston-Omaha. Scale, Scale, Scale Link Media is a textbook case of taking advantage of scale economies. Revenues have grown faster than expenses in every year of the company’s life. Key expense items […]
We are completing our review of the US public out of home companies by reviewing Link Media Outdoor which is a wholly owned subsidiary of Boston Omaha. Boston Omaha stock finished yesterday at $16.08. This is above the $13 price at which it went public in 2017 buy a long […]
Link Media outdoor is still growing. Here are the results from the Boston Omaha 10Q for the 9 months ended September 30, 2023. Revenues increased 9.5% to $10.9 million for the 3 months ended September 30, 2023 due to an improvement in rental and occupancy rates and the acquisition of […]
Not a pretty picture for out of home stocks. All the public out of home companies failed to beat the market during the past three months due to fears about a recession impacting ad spending. The S&P 500 declined 10%. Lamar was off 17%, Boston Omaha down 27%, Clear […]
