Bright Mountain Media FY 2025 net loss narrows 21% to USD 13 million on revenue up 4% to USD 59 million

Reuters
Mar 25
<a href="https://laohu8.com/S/BMTM">Bright Mountain</a> Media FY 2025 net loss narrows 21% to USD 13 million on revenue up 4% to USD 59 million
  • Bright Mountain Media published its annual report on Form 10-K, reporting revenue of USD 59.2 million, up 4%.
  • Net loss was USD 13.5 million, while Adjusted EBITDA was USD 3.0 million.
  • Cost of revenue rose 8% to USD 43.4 million, and gross margin fell 4% to USD 15.8 million.
  • General and administrative expenses declined 23% to USD 16.4 million, driven by lower headcount and lower legal fees tied to the Ladenburg litigation.
  • Management said digital publishing revenue fell 14% to USD 1.5 million due to reduced website traffic and customer spending, while advertising technology revenue rose 18% to USD 21.7 million on higher volume and rates from premium publishers.


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