Loop Media, Inc. (LPTV)

NYSEAMERICAN: LPTV · IEX Real-Time Price · USD
3.13
-2.58 (-45.18%)
Jun 2, 2023, 4:00 PM EDT - Market closed
-45.18%
Market Cap 333.78M
Revenue (ttm) 43.18M
Net Income (ttm) -35.31M
Shares Out 56.38M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 32,071
Open 5.54
Previous Close 5.71
Day's Range 3.02 - 3.45
52-Week Range 3.76 - 14.50
Beta 0.20
Analysts Strong Buy
Price Target 6.50 (+107.67%)
Earnings Date May 11, 2023

About LPTV

Loop Media, Inc. operates as a multichannel digital video platform media company. The company offers self-curated music video content licensed from major and independent record labels, as well as movie, television and video game trailers, kid-friendly videos, viral videos, drone footage, news headlines, and lifestyle and atmospheric channels. It serves business customers for out of home (OOH) venues and directly to retail consumers (D2C) in home and on mobile devices in the United States. The company is based in Glendale, California. [Read more]

Industry Broadcasting
Founded 2015
Employees 67
Stock Exchange NYSEAMERICAN
Ticker Symbol LPTV
Full Company Profile

Financial Performance

In 2022, Loop Media's revenue was $30.83 million, an increase of 508.24% compared to the previous year's $5.07 million. Losses were -$29.48 million, -4.83% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LPTV stock is "Strong Buy" and the 12-month stock price forecast is $6.5.

Price Target
$6.5
(107.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Loop Media Announces Third Quarter Financial Guidance

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. ("Loop Media" or the “Company”) (NYSE American: LPTV), the free streaming television media company for business that serves over 2 billion video vie...

1 day ago - Business Wire

Loop Media set to join Russell 2000®, Russell 3000® and Russell Microcap Indexes

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment te...

1 week ago - Business Wire

Loop Media Announces Two Disney Music Video Channels

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entert...

2 weeks ago - Business Wire
}

CORRECTING and REPLACING Loop Media Reports Fiscal Second Quarter 2023 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Subhead of release should begin with FQ2 (instead of Q1). In the Conference Call section, the first sentence should end with March 31, 2023 (instead of March 31, 2022). T...

3 weeks ago - Business Wire

Loop Media Reports Fiscal Second Quarter 2023 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded ...

3 weeks ago - Business Wire

Loop Media to Participate in the 18th Annual Needham Technology & Media Conference

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment te...

3 weeks ago - Business Wire

Loop Media Schedules Fiscal Second Quarter 2023 Conference Call for May 11, 2023 at 5:00 p.m. ET

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and bra...

1 month ago - Business Wire

Loop Media Partners With First Canadian GPO As It Continues to Expand Canadian Distribution Footprint

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment te...

1 month ago - Business Wire
}

Loop Media Launches Exclusive Sports News Highlights Channel and Proprietary SportsLoop Ticker

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entert...

1 month ago - Business Wire

Loop Media Launches Us Weekly and Just For Laughs Gags Channels on Loop TV

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entert...

2 months ago - Business Wire

Loop Media Expands into Canada with St. Louis Bar & Grill Partnership

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment ch...

3 months ago - Business Wire

Loop Media Launches Exclusive Fail Patrol and America's Funniest Home Videos Channels On Loop TV

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment c...

3 months ago - Business Wire

Loop Media to Ring Opening Bell at New York Stock Exchange on February 9, 2023

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channel...

4 months ago - Business Wire
}

Loop Media Reports Fiscal First Quarter 2023 Financial Results

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and bra...

4 months ago - Business Wire

Loop Media Schedules Fiscal First Quarter 2023 Conference Call for February 7, 2023 at 5:00 p.m. ET

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and b...

4 months ago - Business Wire

Loop Media Helps Businesses Migrate to Streaming with Bandwidth Reducing Technologies

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc., (“Loop Media”), (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment chan...

5 months ago - Business Wire

Loop Media Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and b...

6 months ago - Business Wire

Loop Media Schedules Fiscal Fourth Quarter & Full Year 2022 Conference Call for December 13, 2022 at 5:00 p.m. ET

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or the “Company”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded ent...

6 months ago - Business Wire

Loop Media, Inc. and ACTV8me Announce Strategic Partnership to Deploy Industry-First MarTech Solutions Across a Leading Digital Out-of-Home Network

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media”), (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment chann...

6 months ago - Business Wire

Streaming: People are looking to ‘entertain themselves,' Loop Media CEO says

Jon Niermann, Loop Media CEO & Co-Founder, joins Yahoo Finance Live to discuss the slowdown in ad spending, media solutions for businesses, and streaming. Segment originally aired on Nov 16, 2022.

6 months ago - Yahoo Finance

Loop Media, Inc. Uplists To NYSE, Poised To Disrupt Largely Untapped Digital Out Of Home Streaming Market

The only pure-play public market connected content and rewards-based advertising platform for businesses, a recent Roth Capital research report dubs rapidly growing Loop Media the 'Roku for Business.'

7 months ago - Forbes

Loop Media adds TikTok to its digital out-of-home service on dedicated channel

Loop Media Inc. LPTV, -0.67% said Tuesday it has entered a collaboration with TikTok that will bring its content to Loop's digital out-of-home service on a dedicated channel. The move will allow consu...

8 months ago - Market Watch

TikTok Available Now on Loop TV as New Out of Home Channel

GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainmen...

8 months ago - Business Wire