Boston Omaha Corporation (NYSE: BOC) announced its financial results for the fiscal year ended December 31, 2025, revealing significant growth in revenue across its business segments. The company reported total revenues of $114.4 million for 2025, an increase from $108.3 million in 2024. This growth was driven primarily by strong performance in billboard rentals and broadband services, which saw revenues of $45.9 million and $41.2 million, respectively. The company also reported premiums earned of $23.2 million, up from $19.8 million in the previous year.

Despite the revenue growth, Boston Omaha faced challenges with net losses from operations amounting to $3.9 million in 2025, compared to a loss of $8.5 million in 2024. The company attributed these losses to increased operational costs and a significant unrealized loss on investments, particularly related to its stake in Sky Harbour Group Corporation. The total net loss attributable to common stockholders was reported at $12.4 million, or $(0.40) per share, compared to a loss of $1.3 million, or $(0.04) per share, in the prior year.

In terms of cash flow, Boston Omaha generated $17.9 million from operations, a decrease from $21.2 million in 2024. The company also repurchased 444,753 shares of its Class A common stock during the year for a total cost of $5.8 million, reflecting its commitment to returning value to shareholders.

Looking ahead, Boston Omaha remains optimistic about its growth trajectory, emphasizing its strategic focus on expanding its outdoor advertising and broadband services. The company plans to leverage its existing assets and explore new opportunities to enhance shareholder value. The full financial results and additional details can be found in the press release and presentation available on the company's investor relations website.

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