Loop Media Inc Financials

LPTV

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE September

This page shows Loop Media Inc (LPTV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 0/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Loop Media Inc has an operating margin of -93.3%, meaning the company retains $-93 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -91.0% the prior year.

Growth

Loop Media Inc's revenue declined 29.7% year-over-year, from $31.6M to $22.3M. This contraction results in a growth score of 0/100.

Liquidity

Loop Media Inc's current ratio of 0.22 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Cash Flow

While Loop Media Inc generated -$7.3M in operating cash flow, capex of $197K consumed most of it, leaving -$7.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

Loop Media Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.30x

For every $1 of reported earnings, Loop Media Inc generates $0.30 in operating cash flow (-$7.3M OCF vs -$24.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-6.8x

Loop Media Inc earns $-6.8 in operating income for every $1 of interest expense (-$20.8M vs $3.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

$22.3M

YoY-29.7%

5Y CAGR+45.8%

Loop Media Inc generated $22.3M in revenue in fiscal year 2024. This represents a decrease of 29.7% from the prior year.

EBITDA

-$19.4M

YoY+30.2%

Loop Media Inc's EBITDA was -$19.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 30.2% from the prior year.

Free Cash Flow

-$7.5M

YoY+54.5%

Loop Media Inc generated -$7.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 54.5% from the prior year.

Net Income

-$24.5M

YoY+23.4%

Loop Media Inc reported -$24.5M in net income in fiscal year 2024. This represents an increase of 23.4% from the prior year.

EPS (Diluted)

$-0.33

YoY+41.1%

Loop Media Inc earned $-0.33 per diluted share (EPS) in fiscal year 2024. This represents an increase of 41.1% from the prior year.

Cash & Debt

$825K

YoY-73.1%

5Y CAGR+162.9%

Loop Media Inc held $825K in cash against $7.8M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

81M

YoY+23.2%

Loop Media Inc had 81M shares outstanding in fiscal year 2024. This represents an increase of 23.2% from the prior year.

Gross Margin

26.9%

YoY-6.8pp

5Y CAGR-46.1pp

Loop Media Inc's gross margin was 26.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 6.8 percentage points from the prior year.

Operating Margin

-93.3%

YoY-2.4pp

5Y CAGR+202.3pp

Loop Media Inc's operating margin was -93.3% in fiscal year 2024, reflecting core business profitability. This is down 2.4 percentage points from the prior year.

Net Margin

-110.1%

YoY-9.1pp

5Y CAGR+230.4pp

Loop Media Inc's net profit margin was -110.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 9.1 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$197K

YoY-90.0%

Loop Media Inc invested $197K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 90.0% from the prior year.

LPTV Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$22.3M-29.7%	$31.6M+2.6%	$30.8M+508.2%	$5.1M+81.4%	$2.8M-17.4%	$3.4M
Cost of Revenue	$16.3M-22.4%	$21.0M+7.9%	$19.5M+367.0%	$4.2M+275.4%	$1.1M+21.4%	$914K
Gross Profit	$6.0M-43.9%	$10.7M-6.4%	$11.4M+1159.0%	$904K-46.3%	$1.7M-31.7%	$2.5M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20.6M-30.1%	$29.4M+20.2%	$24.5M+20.4%	$20.3M+109.6%	$9.7M+58.7%	$6.1M
Operating Income	-$20.8M+27.9%	-$28.8M-16.2%	-$24.8M+19.2%	-$30.6M-194.4%	-$10.4M-4.1%	-$10.0M
Interest Expense	$3.0M-20.0%	$3.8M+5.0%	$3.6M+114.1%	$1.7M+48.9%	$1.1M+17.8%	$964K
Income Tax	$26K+41.0%	$19K+2838.5%	-$676+99.9%	-$615K-725.9%	$98K+6040.3%	$2K
Net Income	-$24.5M+23.4%	-$32.0M-8.4%	-$29.5M+4.8%	-$31.0M-100.9%	-$15.4M-33.9%	-$11.5M
EPS (Diluted)	$-0.33+41.1%	$-0.56+8.2%	$-0.61+19.7%	$-0.76	N/A	$0.00

Metric	Q3'25	Q2'25	Q1'24	Q3'24	Q2'24	Q1'23	Q3'23	Q2'23
Revenue	$1.3M-23.5%	$1.7M-54.9%	$3.7M-14.2%	$4.4M+8.7%	$4.0M-60.6%	$10.2M+77.4%	$5.7M+6.3%	$5.4M
Cost of Revenue	$1.0M-30.0%	$1.4M-37.0%	$2.3M-33.2%	$3.4M-4.0%	$3.6M-45.3%	$6.5M+67.4%	$3.9M+2.7%	$3.8M
Gross Profit	$271K+16.5%	$233K-83.7%	$1.4M+57.3%	$910K+117.7%	$418K-88.5%	$3.6M+98.8%	$1.8M+15.0%	$1.6M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.9M-24.5%	$2.5M-25.6%	$3.4M-16.9%	$4.1M-28.2%	$5.7M-7.1%	$6.2M-1.8%	$6.3M-19.1%	$7.8M
Operating Income	-$2.3M+28.9%	-$3.2M+8.3%	-$3.5M+27.2%	-$4.8M+30.1%	-$6.8M-60.8%	-$4.3M+43.2%	-$7.5M+15.7%	-$8.9M
Interest Expense	$1.1M+11.1%	$961K-9.4%	$1.1M+60.6%	$661K-9.4%	$729K-27.2%	$1.0M+4.1%	$963K+4.7%	$919K
Income Tax	N/A	N/A	N/A	$335	N/A	N/A	$394	$0
Net Income	-$3.4M+19.6%	-$4.2M+6.8%	-$4.5M+16.7%	-$5.5M+28.0%	-$7.6M-43.2%	-$5.3M+32.9%	-$7.9M+19.8%	-$9.8M
EPS (Diluted)	$-0.03+40.0%	$-0.05+54.5%	$-0.11-57.1%	$-0.07+36.4%	$-0.11-22.2%	$-0.09+35.7%	$-0.14+17.6%	$-0.17

LPTV Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$7.5M-55.5%	$16.9M-47.2%	$31.9M+170.3%	$11.8M+22.6%	$9.6M+128.4%	$4.2M
Current Assets	$5.1M-59.4%	$12.5M-56.8%	$28.9M+241.3%	$8.5M+147.8%	$3.4M+69.9%	$2.0M
Cash & Equivalents	$825K-73.1%	$3.1M-78.2%	$14.1M+238.1%	$4.2M+396.6%	$838K+12669.1%	$7K
Inventory	N/A	N/A	$18K-92.1%	$223K+147.0%	$90K+218.0%	$28K
Accounts Receivable	$3.2M-49.1%	$6.2M-50.7%	$12.6M+701.3%	$1.6M+134.6%	$670K-0.6%	$674K
Goodwill	N/A	N/A	$0-100.0%	$2.0M+237.9%	$583K0.0%	$583K
Total Liabilities	$25.3M+16.6%	$21.7M-17.5%	$26.3M+198.0%	$8.8M+47.9%	$6.0M+43.8%	$4.1M
Current Liabilities	$23.0M+20.8%	$19.1M-0.7%	$19.2M+339.7%	$4.4M+17.1%	$3.7M+45.7%	$2.6M
Long-Term Debt	$7.8M+3.1%	$7.5M	N/A	N/A	N/A	N/A
Total Equity	-$17.8M-269.2%	-$4.8M-185.2%	$5.7M+88.7%	$3.0M-18.5%	$3.7M+4890.2%	$74K
Retained Earnings	-$152.8M-19.1%	-$128.3M-33.2%	-$96.3M-44.1%	-$66.8M-60.9%	-$41.5M-59.0%	-$26.1M

Metric	Q3'25	Q2'25	Q1'24	Q3'24	Q2'24	Q1'23	Q3'23	Q2'23
Total Assets	$3.4M-30.2%	$4.8M-28.9%	$6.8M-9.7%	$7.5M-37.8%	$12.1M-37.7%	$19.4M+14.7%	$16.9M-9.4%	$18.6M
Current Assets	$1.8M-38.8%	$3.0M-35.6%	$4.7M-7.8%	$5.1M-38.0%	$8.2M-43.0%	$14.4M+15.0%	$12.5M-12.0%	$14.2M
Cash & Equivalents	$110K-74.2%	$426K+31.5%	$324K-60.8%	$825K-62.5%	$2.2M-42.3%	$3.8M+24.2%	$3.1M-34.0%	$4.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.0M-33.1%	$1.6M-55.4%	$3.5M+10.5%	$3.2M-11.5%	$3.6M-55.0%	$7.9M+27.8%	$6.2M+9.1%	$5.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$30.0M+5.5%	$28.4M+2.1%	$27.8M+10.1%	$25.3M+14.8%	$22.0M-4.4%	$23.1M+6.3%	$21.7M-9.1%	$23.9M
Current Liabilities	$25.2M+1.8%	$24.8M-2.3%	$25.4M+10.3%	$23.0M+17.8%	$19.5M-12.9%	$22.4M+17.7%	$19.1M+14.8%	$16.6M
Long-Term Debt	$10.6M+4.7%	$10.2M+0.6%	$10.1M+29.9%	$7.8M+30.7%	$6.0M-16.3%	$7.1M-5.8%	$7.5M-16.9%	$9.1M
Total Equity	-$26.6M-12.8%	-$23.6M-12.1%	-$21.1M-18.4%	-$17.8M-78.5%	-$10.0M-170.2%	-$3.7M+23.4%	-$4.8M+8.1%	-$5.2M
Retained Earnings	-$165.0M-2.1%	-$161.6M-2.7%	-$157.3M-3.0%	-$152.8M-8.2%	-$141.1M-5.7%	-$133.6M-4.1%	-$128.3M-15.2%	-$111.4M

LPTV Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$7.3M+49.7%	-$14.6M-35.8%	-$10.7M-12.8%	-$9.5M-60.6%	-$5.9M-170.1%	-$2.2M
Capital Expenditures	$197K-90.0%	$2.0M+8.0%	$1.8M+8097.6%	$22K+183.5%	$8K	$0
Free Cash Flow	-$7.5M+54.5%	-$16.6M-31.8%	-$12.6M-31.6%	-$9.6M-60.8%	-$5.9M-170.5%	-$2.2M
Investing Cash Flow	-$197K+90.0%	-$2.0M+2.3%	-$2.0M-32.4%	-$1.5M-102.4%	-$752K-3627.0%	-$20K
Financing Cash Flow	$5.3M-4.9%	$5.6M-75.5%	$22.7M+71.2%	$13.2M+103.3%	$6.5M+1166.7%	-$611K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$105K	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'24	Q3'24	Q2'24	Q1'23	Q3'23	Q2'23
Operating Cash Flow	-$997K-62.8%	-$612K+76.6%	-$2.6M-29.3%	-$2.0M-126.0%	-$897K+42.1%	-$1.5M-1072.1%	$159K+108.4%	-$1.9M
Capital Expenditures	$5K-84.8%	$34K+23.2%	$28K+118.2%	-$152K-291.7%	$79K-79.9%	$394K-18.8%	$486K+13.3%	$429K
Free Cash Flow	-$1.0M-55.1%	-$646K+75.6%	-$2.6M-21.6%	-$2.2M-123.2%	-$976K+49.8%	-$1.9M-495.3%	-$327K+85.9%	-$2.3M
Investing Cash Flow	-$5K+84.8%	-$34K-23.2%	-$28K-118.2%	$152K+291.7%	-$79K+79.9%	-$394K+18.8%	-$486K-13.3%	-$429K
Financing Cash Flow	$686K-8.3%	$748K-65.2%	$2.1M+86.1%	$1.2M+280.9%	-$638K-123.7%	$2.7M+189.8%	-$3.0M-282.5%	-$782K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	-$74K	N/A

LPTV Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	26.9%-6.8pp	33.7%-3.2pp	36.9%+19.1pp	17.8%-42.5pp	60.3%-12.7pp	73.0%
Operating Margin	-93.3%-2.4pp	-91.0%-10.6pp	-80.3%+524.0pp	-604.4%-231.9pp	-372.5%-76.9pp	-295.6%
Net Margin	-110.1%-9.1pp	-101.0%-5.4pp	-95.6%+515.4pp	-611.0%-59.2pp	-551.8%-211.4pp	-340.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-326.1%-136.8pp	-189.3%-97.1pp	-92.3%+169.8pp	-262.1%-102.1pp	-160.0%+112.8pp	-272.7%
Current Ratio	0.22-0.4	0.66-0.9	1.51-0.4	1.94+1.0	0.92+0.1	0.79
Debt-to-Equity	-0.44+1.1	-1.57-6.2	4.65+1.7	2.95+1.3	1.62-54.7	56.33
FCF Margin	-33.9%+18.5pp	-52.3%-11.6pp	-40.8%+147.7pp	-188.4%+24.2pp	-212.7%-147.7pp	-65.0%

Metric	Q3'25	Q2'25	Q1'24	Q3'24	Q2'24	Q1'23	Q3'23	Q2'23
Gross Margin	21.1%+7.2pp	13.9%-24.5pp	38.4%+17.5pp	20.9%+10.5pp	10.4%-25.2pp	35.6%+3.8pp	31.8%+2.4pp	29.4%
Operating Margin	-176.5%+13.4pp	-189.9%-96.6pp	-93.3%+16.6pp	-109.9%+61.1pp	-171.0%-129.1pp	-41.9%+88.8pp	-130.7%+34.2pp	-164.9%
Net Margin	-264.9%-13.1pp	-251.9%-130.2pp	-121.7%+3.6pp	-125.3%+63.8pp	-189.2%-137.2pp	-52.0%+85.4pp	-137.3%+44.7pp	-182.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-101.2%-13.3pp	-87.9%-20.9pp	-67.0%-14.3pp	-52.7%+10.0pp	-62.7%-35.4pp	-27.3%+11.5pp	-38.8%+13.9pp	-52.7%
Current Ratio	0.07-0.0	0.12-0.1	0.18-0.0	0.22-0.2	0.42-0.2	0.64-0.0	0.66-0.2	0.86
Debt-to-Equity	-0.40+0.0	-0.43+0.0	-0.48-0.0	-0.44+0.2	-0.60+1.3	-1.93-0.4	-1.57+0.2	-1.73
FCF Margin	-78.0%-39.5pp	-38.4%+32.6pp	-71.0%-2.3pp	-68.7%-44.3pp	-24.4%-5.3pp	-19.1%+93.8pp	-112.9%-69.9pp	-43.0%

Note: Shareholder equity is negative (-$17.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.22), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Loop Media Inc's annual revenue?

Loop Media Inc (LPTV) reported $22.3M in total revenue for fiscal year 2024. This represents a -29.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Loop Media Inc's revenue growing?

Loop Media Inc (LPTV) revenue declined by 29.7% year-over-year, from $31.6M to $22.3M in fiscal year 2024.

Is Loop Media Inc profitable?

No, Loop Media Inc (LPTV) reported a net income of -$24.5M in fiscal year 2024, with a net profit margin of -110.1%.

What is Loop Media Inc's earnings per share (EPS)?

Loop Media Inc (LPTV) reported diluted earnings per share of $-0.33 for fiscal year 2024. This represents a 41.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Loop Media Inc's EBITDA?

Loop Media Inc (LPTV) had EBITDA of -$19.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Loop Media Inc have?

As of fiscal year 2024, Loop Media Inc (LPTV) had $825K in cash and equivalents against $7.8M in long-term debt.

What is Loop Media Inc's gross margin?

Loop Media Inc (LPTV) had a gross margin of 26.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Loop Media Inc's operating margin?

Loop Media Inc (LPTV) had an operating margin of -93.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Loop Media Inc's net profit margin?

Loop Media Inc (LPTV) had a net profit margin of -110.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Loop Media Inc's free cash flow?

Loop Media Inc (LPTV) generated -$7.5M in free cash flow during fiscal year 2024. This represents a 54.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Loop Media Inc's operating cash flow?

Loop Media Inc (LPTV) generated -$7.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Loop Media Inc's total assets?

Loop Media Inc (LPTV) had $7.5M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Loop Media Inc's capital expenditures?

Loop Media Inc (LPTV) invested $197K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Loop Media Inc have outstanding?

Loop Media Inc (LPTV) had 81M shares outstanding as of fiscal year 2024.

What is Loop Media Inc's current ratio?

Loop Media Inc (LPTV) had a current ratio of 0.22 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Loop Media Inc's debt-to-equity ratio?

Loop Media Inc (LPTV) had a debt-to-equity ratio of -0.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Loop Media Inc's return on assets (ROA)?

Loop Media Inc (LPTV) had a return on assets of -326.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Loop Media Inc's cash runway?

Based on fiscal year 2024 data, Loop Media Inc (LPTV) had $825K in cash against an annual operating cash burn of $7.3M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Loop Media Inc's debt-to-equity ratio negative or unusual?

Loop Media Inc (LPTV) has negative shareholder equity of -$17.8M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Loop Media Inc's Piotroski F-Score?

Loop Media Inc (LPTV) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Loop Media Inc's earnings high quality?

Loop Media Inc (LPTV) has an earnings quality ratio of 0.30x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Loop Media Inc cover its interest payments?

Loop Media Inc (LPTV) has an interest coverage ratio of -6.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Loop Media Inc?

Loop Media Inc (LPTV) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.