Bright Mountain Media (BMTM) Interest Expenses (2013 - 2024)
Bright Mountain Media (BMTM) reported Interest Expenses of $2000.0 for Q2 2024, down 66.67% on a YoY basis from $6000.0 in Q3 2023, and down 99.93% quarter-over-quarter from $3.0 million in Q1 2024.
Bright Mountain Media (BMTM) Interest Expenses (2013 - 2024) Analysis & Trends
Bright Mountain Media has reported Interest Expenses for 9 years, with the latest figure at $2000.0 in Q2 2024.
- For the quarter ending Q2 2024, Interest Expenses fell 66.67% year-over-year to $2000.0; the trailing twelve-month figure through Mar 2025 stood at $2000.0 (up 100.51% YoY), and the FY2023 full-year result was $20000.0, down 99.53% from the prior year.
- Interest Expenses for Q2 2024 stood at $2000.0, down from $3.0 million in the prior quarter.
- The five-year high for Interest Expenses was $4.2 million in Q4 2022, with the low at -$6.2 million in Q4 2023.
- Historically, Interest Expenses has averaged $385007.6 across 5 years, with a median of $75211.0 in 2021.
- Annual changes were most pronounced in 2021 — Interest Expenses plunged 345.04% — and 2024, when it surged 59720.0%.
- Bright Mountain Media's Interest Expenses stood at $528901.0 in 2020, then sank by 345.04% to -$1.3 million in 2021, then surged by 424.85% to $4.2 million in 2022, then sank by 246.22% to -$6.2 million in 2023, then jumped by 100.03% to $2000.0 in 2024.
- The last three Interest Expenses figures came in at $2000.0 (Q2 2024), $3.0 million (Q1 2024), and -$6.2 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -63.70 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | - |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | -30.44 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 36.76 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 4.00 Mn |
| 10 | Bright Mountain Media | - | - | 4.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2,000.00 |
| Jun 30, 2024 | 2,000.00 |
| Mar 31, 2024 | 2.99 Mn |
| Mar 31, 2024 | 2.99 Mn |
| Dec 31, 2023 | -6.16 Mn |
| Dec 31, 2023 | -6.16 Mn |
| Sep 30, 2023 | 2.77 Mn |
| Sep 30, 2023 | 2.77 Mn |
| Jun 30, 2023 | 6,000.00 |
| Jun 30, 2023 | 6,000.00 |
| Mar 31, 2023 | 5,000.00 |
| Mar 31, 2023 | 5,000.00 |
| Dec 31, 2022 | 4.21 Mn |
| Dec 31, 2022 | 4.21 Mn |
| Sep 30, 2022 | 1.05 Mn |
| Sep 30, 2022 | 1.05 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Mar 31, 2022 | 835,000.00 |
| Mar 31, 2022 | 835,000.00 |