Loop Media (LPTVQ) investor relations material

Executive summary

• Revenue for the quarter ended June 30, 2025, declined 70% year-over-year to $1.29M, driven by a slowdown in digital ad spend, changes in ad demand partner terms, and a reduction in Loop Players due to cost-cutting measures.

• Net loss for the quarter was $3.4M, a 38% improvement from the prior year, reflecting significant cost reductions.

• Gross profit margin for the quarter was 21.1%, slightly up from 20.9% a year ago, due to cost-cutting and revenue mix.

• Operating expenses decreased 55% year-over-year, primarily from lower payroll, marketing, professional, and administrative costs.

• The company continues to face substantial doubt about its ability to continue as a going concern, with negative cash flows and recurring losses.

Financial highlights

• Nine-month revenue was $6.7M, down 64% year-over-year; net loss for the period was $12.2M, a 33% improvement.

• Cash at June 30, 2025, was $110K, down from $1.5M a year earlier.

• Adjusted EBITDA for the quarter was $(1.5)M, and for the nine months was $(4.8)M, both improved from prior year.

• Weighted average shares outstanding for the quarter were 115.5M, up from 75.1M a year ago.

Outlook and guidance

• Management anticipates continued losses and negative cash flows in the foreseeable future.

• The company expects to require additional capital from equity or debt to support operations over the next 12 months.

• Strategic alternatives and financing opportunities are being explored to maximize shareholder value.