BOCMEDIUM SIGNALFINANCIAL10-K

Boston Omaha Corp showed meaningful improvement in operating losses while implementing enhanced cybersecurity disclosure frameworks.

The company's operating performance improved substantially as losses narrowed meaningfully year-over-year, suggesting better operational efficiency or revenue growth offsetting cost pressures. The addition of detailed cybersecurity risk management language indicates proactive compliance with new SEC requirements, though the removal of specific operational metrics (billboard counts, broadband customer figures) reduces transparency into business segment performance.

Comparing 2026-03-30 vs 2025-03-28View on EDGAR →
FINANCIAL ANALYSIS

BOC demonstrated mixed but generally positive financial trends, with operating losses narrowing substantially while accounts receivable grew modestly, indicating potential revenue expansion. Operating cash flow declined moderately, suggesting some working capital pressures or timing differences despite the improved operating performance. The overall picture suggests a company in transition with improving core operations but facing some cash flow optimization challenges.

FINANCIAL STATEMENT CHANGES
Operating Income
P&L
+53.6%
-$8.5M→-$3.9M

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Accounts Receivable
Balance Sheet
+28.9%
$12.4M→$16.0M

Receivables grew 28.9% — monitor days sales outstanding for collection efficiency.

Operating Cash Flow
Cash Flow
-15.9%
$21.2M→$17.9M

Operating cash flow softened — monitor whether temporary working capital timing or structural deterioration.

LANGUAGE CHANGES
NEW — 2026-03-30
PRIOR — 2025-03-28
ADDED
bomn20251231_10k.htm 0001494582 BOSTON OMAHA Corp false --12-31 FY 2025 true false true true Our cybersecurity risk assessment and management processes are implemented and maintained by various members of our management team and IT consultants, which includes individuals who have a diverse combination of relevant expertise, experience, education and training.
Our team includes individuals with relevant experience in enterprise risk management and disclosure controls and procedures.
Additionally, certain members of our team have experience managing cybersecurity programs and are specifically assigned cybersecurity oversight.
Our cybersecurity risk assessment and management processes are implemented and maintained by various members of our management team and IT consultants, which includes individuals who have a diverse combination of relevant expertise, experience, education and training.
Our team includes individuals with relevant experience in enterprise risk management and disclosure controls and procedures.
+7 more — sign up free →
REMOVED
Such statements include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance, achievements or events, including the impact of the COVID-19 pandemic, or any statement that may relate to strategies, plans or objectives for, or potential results of, future operations, financial results, financial condition, business prospects, growth strategy or liquidity, and are based upon management s current plans and beliefs or current estimates of future results or trends.
As of December 31, 2024, we operate approximately 4,000 billboards with approximately 7,600 advertising faces.
In addition, over the last several years, we have also acquired additional surety insurance brokerage businesses located in various regions of the United States.
As of December 31, 2024, we have approximately 46,900 broadband customers (15,600 fiber customers) and 39,800 fiber passings completed.
For our funds under management (the 24th Street Funds and the BFR Fund), we plan to sell the assets at the highest price the market will bear while maintaining the business plans for these assets.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →