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Loop Media, Inc.

ww3.loop.tv

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Aug 14, 2025. Its latest SEC filing is a 8-K from Oct 20, 2025.

The sections below describe the company as of the FY2024 annual report.

What Did They Do?

Distributes curated music and other short-form videos to business venues and third-party screen platforms, and sells digital advertising space to advertisers.

How Did They Make Money?

Advertising revenue comes when impressions are filled and ads are played; sponsorship revenue comes over the sponsorship term. Business venues are billed in advance for monthly ad-free subscriptions.

FY2024 revenue

Who Were Their Customers?

Owners and operators of out-of-home venues sign up for the service, while third-party platform operators use Loop's content and advertising services on their screens. Advertisers buy ad inventory mostly through programmatic demand partners, with some direct advertising and sponsorship sales.

Customers above 10% of revenue, FY2024
of revenue from two customers (19%, 13%)
FY2023: 26% from two customers

Did Revenues Turn Into Profits?

No. It lost $24.5M in FY2024.

Operating income, FY2024
−93% of revenue
▼ −28% (Loss) vs FY2023 (−$28.8M, −91%)
Net income, FY2024
−110% of revenue
▼ −23% (Loss) vs FY2023 (−$32M, −101%)
Free cash flow, FY2024
−34% of revenue
▼ −55% (Loss) vs FY2023 (−$16.6M, −52%)

How Were They Changing?

Since the FY2024 annual report
Latest quarter: Q3 FY2025, the three months to Jun 30, 2025
Revenue
▼ −70%
vs $4.4M in Q3 FY2024
Net income
▼ −38% (Loss)
vs −$5.5M in Q3 FY2024
  • Oct 20, 2025 Loop Media and subsidiary filed Chapter 7 bankruptcy petitions A Chapter 7 trustee was appointed to administer the cases and liquidate their assets.
  • Sep 17, 2025 Company planned an auction of substantially all remaining assets It expected the auction proceeds to satisfy obligations and intended to deregister its securities amid a potential winding up.
  • Dec 30, 2024 Company dismissed Marcum and appointed Grassi as its auditor The board approved Grassi as the new independent registered public accounting firm.

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