Arena Group Holdings Inc (NYSE:AREN) is actively expanding its business portfolio through targeted acquisitions, according to CEO Paul Edmondson. In a recent interview with Matt Joanu for Marketopolis by Benzinga, Edmondson said the firm is "out acquiring new businesses all the time" that align with its core verticals—a strategy aimed at deepening operational focus and driving long-term growth.Track AREN stock here.While he didn't elaborate on specific deals, the emphasis was clear: disciplined expansion re ...

Multiyear agreement includes exclusive Monumental Sports Network studio entitlement, activations across Capitals, Wizards, and Mystics, and deep integration via community and media platforms For photos of the new Vanda Pharmaceuticals Studio and video announcing the partnership, please CLICK HERE. , /PRNewswire/ --Â Monumental Sports & Entertainment (MSE) today announced Vanda Pharmaceuticals (Nasdaq: VNDA), a leading global biopharmaceutical company headquartered in Washington, D.C., as the organization's ...

Group 1 - The article emphasizes the importance of identifying investment opportunities that may not be widely recognized, particularly in the context of Brazil and Latin America [1] - The analyst focuses on undercovered stocks, suggesting that these may present unique investment prospects [1] - Contributions are made to platforms like TipRanks and TheStreet, indicating a commitment to sharing insights on both regional and global large-cap stocks [1] Group 2 - There is a clear disclosure that the analyst does not hold any positions in the mentioned companies, ensuring objectivity in the analysis [2] - The article expresses personal opinions and does not represent any official stance from the associated research firm [2] - The content is intended for educational purposes, highlighting the need for individual due diligence before making investment decisions [2]

[Executive Summary & Highlights](index=1&type=section&id=1.%20Executive%20Summary%20%26%20Highlights) The Arena Group reported significant Q2 2025 financial growth, with revenue up 67% and Adjusted EBITDA up 375%, and initiated a share repurchase program [Q2 2025 Financial Highlights](index=1&type=section&id=1.1%20Q2%202025%20Financial%20Highlights) The Arena Group reported significant financial growth in Q2 2025, with revenue increasing by 67% and Adjusted EBITDA by 375% year-over-year, while income from continuing operations per share improved substantially, and a share repurchase program was authorized Q2 2025 Financial Performance | Metric | Q2 2025 | Q2 2024 | Change | | :-------------------------------- | :------ | :------ | :----- | | Revenue | $45,012k | $27,183k | +67% | | Income from continuing operations per share | $0.26 | -$0.24 | +$0.50 | | Adjusted EBITDA | $19M | $4M | +375% | - Trailing Twelve Months (TTM) EPS: Over **$0.60**, a five-fold increase from **$0.12** (for the prior TTM ended March 31, 2025)[5](index=5&type=chunk) - Share Repurchase Program: Board authorized repurchase of up to **3 million shares** of common stock through July 31, 2026[5](index=5&type=chunk) [Operational Highlights & Strategic Initiatives](index=1&type=section&id=1.2%20Operational%20Highlights%20%26%20Strategic%20Initiatives) The company continued to scale its competitive publishing model, driving profitable growth across key brands, expanded its portfolio by launching TravelHost, and the CEO highlighted the stock as undervalued compared to peers - Competitive Publishing Model: Successfully rolled out to Men's Journal, TheStreet, and Parade, following Athlon Sports, resulting in significant growth in revenue and earnings[4](index=4&type=chunk) - Brand Expansion: Launched the travel brand, TravelHost, to expand its portfolio and diversify content verticals, with a goal to add one new brand per quarter[4](index=4&type=chunk)[7](index=7&type=chunk) - CEO's Valuation Perspective: Believes the stock represents tremendous value, trading at approximately **10x P/E**, significantly below Russell 2000® peers (average **>30x P/E**)[4](index=4&type=chunk) [Company Overview & Brand Performance](index=2&type=section&id=2.%20Company%20Overview%20%26%20Brand%20Performance) The Arena Group, an innovative tech platform and media company, empowers creators, aggregates diverse brands, and achieved strong Q2 2025 brand traffic growth [About The Arena Group](index=2&type=section&id=2.1%20About%20The%20Arena%20Group) The Arena Group is an innovative technology platform and media company that empowers creators and publishers to monetize content through a unified platform, aggregating content across a diverse portfolio of recognizable brands, reaching over 100 million monthly users - Business Model: An innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands[8](index=8&type=chunk) - Platform Functionality: Unified technology platform empowers creators and publishers with tools to publish and monetize their content[8](index=8&type=chunk) - Key Brands: Home to many recognizable media brands, including TheStreet, Parade, Men's Journal, Athlon Sports, Surfer, Powder, Bike, and Snowboarder[8](index=8&type=chunk) - Audience Reach: Aggregates content across a diverse portfolio of brands, reaching over **100 million users monthly**[8](index=8&type=chunk) [Brand Performance Metrics](index=2&type=section&id=2.2%20Brand%20Performance%20Metrics) Key brands demonstrated strong audience traffic growth in Q2 2025 compared to Q2 2024, with Men's Journal leading with a 479% increase in pageviews, and Parade also saw significant growth in non-advertising revenue Q2 2025 Brand Traffic Growth (YoY) | Brand | Pageview Growth (Q2 2025 vs Q2 2024) | Monthly Pageviews (Q2 2025) | | :---------- | :----------------------------------- | :-------------------------- | | Athlon Sports | +38% | N/A | | Men's Journal | +479% | >165 million (quarterly) | | TheStreet | +100% | 89 million (average monthly) | | Parade | +70% | >131 million (average monthly) | - Parade Non-Advertising Revenue: More than doubled (**+107%**) vs. Q2 2024, including performance marketing and syndication efforts[9](index=9&type=chunk) [Financial Statements](index=3&type=section&id=3.%20Financial%20Statements) This section details consolidated balance sheets and statements of operations, showing significant asset growth, reduced liabilities, and a Q2 2025 net income turnaround [Consolidated Balance Sheets](index=3&type=section&id=3.1%20Consolidated%20Balance%20Sheets) As of June 30, 2025, The Arena Group's total assets increased to $127.78 million from $116.35 million at December 31, 2024, while total liabilities significantly decreased, primarily due to a reduction in current liabilities from discontinued operations, leading to a substantial improvement in stockholders' deficiency Balance Sheet Snapshot (in thousands of dollars) | Metric | June 30, 2025 (Unaudited) | December 31, 2024 | Change | | :-------------------------------- | :-------------------------- | :---------------- | :----- | | Total Assets | $127,781 | $116,352 | +$11,429 | | Total Liabilities | $144,941 | $246,512 | -$101,571 | | Total Stockholders' Deficiency | $(17,328) | $(130,328) | +$113,000 | - Key Asset Changes: Cash and cash equivalents increased from **$4,362k to $6,771k**, and accounts receivables, net, increased from **$31,115k to $40,077k**[11](index=11&type=chunk) - Key Liability Changes: Current liabilities from discontinued operations decreased from **$96,159k to $0**, and Simplify loan decreased from **$10,651k to $2,651k**[11](index=11&type=chunk) [Condensed Consolidated Statements of Operations](index=4&type=section&id=3.2%20Condensed%20Consolidated%20Statements%20of%20Operations) For Q2 2025, the company reported a net income of $108.64 million, a significant turnaround from a net loss of $8.19 million in Q2 2024, driven by a 67% increase in revenue and substantial income from discontinued operations, with income from continuing operations also turning positive Q2 2025 vs Q2 2024 Performance (in thousands of dollars) | Metric | Q2 2025 | Q2 2024 | Change | | :-------------------------------- | :------ | :------ | :----- | | Revenue | $45,012 | $27,183 | +67% | | Gross Profit | $25,435 | $10,718 | +137% | | Income (loss) from operations | $16,412 | $(2,578) | Turnaround | | Income (loss) from continuing operations | $12,412 | $(6,938) | Turnaround | | Income (loss) from discontinued operations, net of tax | $96,227 | $(1,249) | Turnaround | | Net income (loss) | $108,639 | $(8,187) | Turnaround | Basic Net Income (Loss) Per Common Share | Metric | Q2 2025 | Q2 2024 | | :-------------------------------- | :------ | :------ | | Continuing operations | $0.26 | $(0.24) | | Discontinued operations | $2.03 | $(0.04) | | Basic net income (loss) per common share | $2.29 | $(0.28) | [Non-GAAP Financial Measures](index=5&type=section&id=4.%20Non-GAAP%20Financial%20Measures) This section details Adjusted EBITDA reconciliation, a non-GAAP measure, highlighting its significant Q2 2025 increase and utility in assessing core operating performance [Adjusted EBITDA Reconciliation](index=5&type=section&id=4.1%20Adjusted%20EBITDA%20Reconciliation) Adjusted EBITDA for Q2 2025 was $18.55 million, a significant increase from $3.67 million in Q2 2024, with this non-GAAP measure used by management to provide insight into underlying operating performance by excluding non-cash items and those not related to core business operations Adjusted EBITDA Performance (in thousands of dollars) | Metric | Q2 2025 | Q2 2024 | Change | | :-------------- | :-------- | :-------- | :----- | | Adjusted EBITDA | $18,552 | $3,669 | +405.6% | Reconciliation of Adjusted EBITDA to Net Income (Loss) (in thousands of dollars) | Item | Q2 2025 | Q2 2024 | | :-------------------------------- | :-------- | :-------- | | Net income (loss) | $108,639 | $(8,187) | | (Income) loss from discontinued operations | $(96,227) | $1,249 | | Income (loss) from continued operations | $12,412 | $(6,938) | | Add: Interest expense (net) | $2,945 | $4,249 | | Add: Income taxes | $979 | $35 | | Add: Depreciation and amortization | $1,989 | $2,420 | | Add: Stock-based compensation | $151 | $499 | | Add: Liquidated damages | $76 | $76 | | Add: Employee restructuring payments | $0 | $3,328 | - Purpose of Adjusted EBITDA: Provides visibility to the underlying continuing operating performance by excluding the impact of certain items that are noncash in nature or not related to core business operations[14](index=14&type=chunk) [Forward-Looking Statements](index=7&type=section&id=5.%20Forward-Looking%20Statements) This section provides a cautionary disclaimer regarding forward-looking statements, emphasizing inherent risks, uncertainties, and the company's limited obligation to update [Disclaimer](index=7&type=section&id=5.1%20Disclaimer) This section serves as a cautionary statement regarding forward-looking statements made in the press release, emphasizing that they are based on current information and assumptions, subject to known and unknown risks and uncertainties, and actual results may differ materially, with the company not undertaking to update these statements unless required by law - Nature of Statements: Relate to future events or performance, including business strategy, future revenues and income from continuing operations, cost reductions, market growth, capital requirements, product introductions, expansion plans, stock price relative to peers, and share repurchase program[19](index=19&type=chunk) - Risks and Uncertainties: Actual outcomes are affected by known and unknown risks, trends, uncertainties, and factors beyond the company's control or ability to predict, as detailed in SEC filings (Form 10-K and 10-Q)[20](index=20&type=chunk)[22](index=22&type=chunk) - No Obligation to Update: The company does not undertake any obligation to release publicly any revisions to forward-looking statements to reflect events or circumstances after the date of the press release, except as may be required by law[23](index=23&type=chunk)

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 1-12471 THE ARENA GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 68-0 ...

Core Insights - The global apparel industry is highly competitive, with Levi Strauss & Co. (LEVI) and Abercrombie & Fitch Co. (ANF) as notable players leveraging brand heritage and strategic transformation to capture market share [1][2] Company Overview - Levi has a legacy of over 170 years, primarily in denim, while Abercrombie has reinvented itself to appeal to young consumers [2] - Levi operates in casualwear and denim, selling through Direct-to-Consumer (DTC) and wholesale channels, while Abercrombie focuses on specialty retail with its Abercrombie and Hollister brands [3] Strategic Approaches - Levi is transitioning into a DTC-first organization, enhancing its digital experience and expanding its product portfolio beyond jeans [6][7] - Abercrombie emphasizes agility and trend responsiveness, utilizing a "Read & React" model to quickly adapt to market trends [11][13] Market Performance - Levi's stock rose 21.7% in six months, while Abercrombie's stock fell 28.1%, indicating investor preference for Levi's strategy [8][20] - Levi's forward P/E ratio is 15.65X, reflecting strong market confidence, while Abercrombie's is 8.90X, indicating investor caution [18][19] Financial Estimates - Levi's fiscal 2025 sales estimate implies a decline of 4.04%, but EPS indicates growth of 2.4% [16] - Abercrombie's fiscal 2025 EPS estimate implies a decline of 4.9%, while sales are expected to grow by 4.7% [17] Conclusion - Levi is positioned as a stronger long-term investment due to its global scale, brand strength, and strategic transformation into a diversified lifestyle brand [23]

Core Insights - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the brand's entry into the U.S. market [2][3] Company Overview - SEGG Media is a technology company focused on the intersection of sports, entertainment, and gaming, operating under the NASDAQ ticker SEGG [2][11] - David Lloyd is a prominent figure in British and European sports, known for founding David Lloyd Leisure, which operates 130 health and fitness clubs serving over 710,000 members [4][12] Facility Details - The All-Sports Arena will be a 100,000 square-foot facility in Boca Raton, designed to combine sports infrastructure with co-working and business amenities, branded as "Sports.com All-Sports Arena, designed by David Lloyd" [3][8] - Key features of the facility include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space of approximately 10,000 square feet [8][10] Financial Projections - The Boca facility is projected to generate over $6 million in EBITDA in its first year of operations, with plans for additional facilities to be developed [10] Strategic Expansion - The Boca Raton launch is part of a broader international rollout strategy, with plans for expansion across major U.S. cities and the Middle East, leveraging Sports.com's digital audience and David Lloyd's operational expertise [7][9]

Group 1 - The most successful investment strategy involves buying companies that have significantly improved but have not yet been recognized by the market, referred to as turnarounds [1] - The average stock returns from the articles published have been over 30% over a one-year period [2] - A significant portion of the investment portfolio, approximately 50-75%, consists of deep value stocks, primarily in the small-cap category [2] Group 2 - There is a beneficial long position in the shares of AREN, indicating a vested interest in the company's performance [3] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [3] - The past performance of investments does not guarantee future results, highlighting the inherent uncertainty in stock market investments [4]

Group 1 - The Arena Group Holdings (NYSE: AREN) has seen a significant recovery in its stock price after a prolonged decline, with shares trading for under $2 two months ago [1] - The stock experienced a notable rally starting from late last year, indicating a potential turnaround for the company [1]

Financial Performance - Quarterly revenue from continuing operations was $36.2 million, up 8% sequentially compared to Q3 2024[4] - Income from continuing operations was $7.2 million, or $0.15 per diluted share for Q4 2024, compared to $4.8 million, or $0.13 per diluted share in Q3 2024[4] - Adjusted EBITDA for Q4 2024 was $13.0 million compared to $11.1 million for Q3 2024[4] - Loss from continuing operations was $7.7 million in FY 2024 compared to $37.2 million in FY 2023[4] - Adjusted EBITDA for FY 2024 was $27.0 million compared to $13.2 million for FY 2023[4] - The total net income (loss) for the year ended December 31, 2024, was $(5,555) thousand, compared to $(100,710) thousand for the year ended December 31, 2023, indicating a substantial reduction in losses[12] Audience and Traffic Growth - Athlon Sports' audience traffic increased to 284 million page views in Q4 2024, up 20% vs Q3 2024 and 325% vs Q4 2023[5] - Parade achieved over 53 million average monthly users and 74 million average monthly page views in Q4 2024, up 6% vs Q3 2024[5] - The Street delivered 36 million average monthly page views in Q4 2024, up 1% vs Q3 2024[5] Future Outlook - The company expects to be profitable in every quarter of 2025 following the launch of the 'competitive publishing' model[2] - The company anticipates future revenues and profitability improvements as part of its business strategy, although specific figures were not disclosed[14] - The company is focused on cost reductions and market growth as part of its future outlook[14] - The company plans to introduce new products and expand its market presence, although details on specific products were not provided[14] Operational Challenges - For Q1 2024, the net loss from continued operations was $(12,720) thousand, compared to $(14,524) thousand in Q1 2023, showing an improvement of 12.4%[12] - Adjusted EBITDA for Q1 2024 was $(848) thousand, a significant improvement from $(2,103) thousand in Q1 2023[12] - Interest expense (net) decreased to $4,339 thousand in Q1 2024 from $4,182 thousand in Q1 2023, reflecting a 3.7% reduction[12] - The company reported a net loss from discontinued operations of $90,638 thousand in Q1 2024, compared to $4,853 thousand in Q1 2023, highlighting a significant increase in losses from this segment[12] - The company has incurred professional and vendor fees related to non-operational events, which may impact future financial results[13] - The company cautions that actual future results may differ materially from forward-looking statements due to various risks and uncertainties[15] Asset Management - Total assets decreased to $116.4 million in 2024 from $188.9 million in 2023[10]