Boston Omaha Corporation Announces Full Year 2022 Financial Results – Boston Oma… – Press Release

Boston Omaha Corporation BOC (the “Company”, “we”, or “our”) announced its financial results for the fiscal year ended December 31, 2022, in connection with filing its Annual Report on Form 10-K with the Securities and Exchange Commission.

We show below summary financial data for fiscal 2022 and 2021. Our Annual Report on Form 10-K can be found at www.bostonomaha.com.

		For the Years Ended
		December 31,
		2022				2021
Billboard Rentals, Net		$	39,244,726			$	31,499,235
Broadband Services (1)			28,627,271				15,234,266
Premiums Earned			10,649,089				7,686,400
Insurance Commissions			2,050,838				2,212,849
Investment and Other Income			662,270				339,061
Total Revenues			81,234,194				56,971,811
Depreciation and Amortization Expense			15,123,857				10,128,634
Net Loss from Operations			(5,229,895	)			(23,766,869	)
Net Other Income			9,019,038				96,940,657
Net Income Attributable to Common Stockholders		$	7,139,548			$	52,748,177
Basic and Diluted Net Income per Share		$	0.24			$	1.82
		December 31,				December 31,
		2022				2021
Total Unrestricted Cash & Investments (2)		$	67,782,480			$	230,670,929
Total Assets			683,717,859				807,053,793
Total Liabilities			157,068,480				166,458,071
Redeemable Noncontrolling Interest			15,713,021				144,270,503
Total Boston Omaha Stockholders’ Equity			503,527,290				496,325,219
Noncontrolling Interests (3)			7,409,068				–
Total Equity		$	510,936,358			$	496,325,219

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