Added to YB: 2024-10-10
Pitch date: 2024-10-08
BRMI.TO [bullish]
Boat Rocker Media Inc.
+2.15%
current return
Author Info
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Company Info
Boat Rocker Media Inc., an entertainment company, creates, produces, and distributes television and film content in Canada, the United States, and internationally.
Market Cap
CAD 53.3M
Pitch Price
CAD 0.93
Price Target
N/A
Dividend
N/A
Sector
Entertainment
Category
value
On Boat Rocker's ($TSX.BRMI) Content Investments
BRMI.TO: Fairfax-controlled content producer trades below net cash post-Untitled sale. Historically profitable, shifting to lower-risk strategy. Valuable assets (8% in The Initial Group, owned content library). >CA$100m FCF FY23-Q2 FY24. Potential buybacks. Downside protected by assets. Management aligned with 18% ownership.
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