Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]

Revenue Growth - For the three months ended December 31, 2024, total revenue increased by $27.5 million to $40.74 million, representing a 207% growth compared to the same period in 2023[162] - Total revenue for the nine months ended December 31, 2024, increased by $23.3 million (59%) to $62.6 million compared to $39.3 million in the same period of 2023[169] - Streaming and digital revenue rose by $4.6 million to $14.13 million, a 48% increase year-over-year, primarily due to the timing of content releases including Terrifier 3[162] - Streaming and digital revenue rose by $2.9 million (10%) to $31.9 million, driven by $1.6 million from licensing the Dog Whisperer content and favorable timing of other content releases[169] - Podcast and other revenue grew by $2.4 million (124%) to $4.4 million, with direct advertising contributing $1.7 million and Bloody Disgusting podcast content adding $0.7 million[170] - Base distribution revenue surged by $21.7 million to $24.48 million, a 771% increase, mainly driven by the theatrical release of Terrifier 3 in October 2024[164] - Base distribution revenue surged by $21.6 million (477%) to $26.2 million, primarily due to the theatrical release of Terrifier 3 in October 2024[171] Expenses - Direct operating expenses for the three months ended December 31, 2024, increased by $15.5 million to $20.99 million, largely due to a $13.0 million rise in royalty expenses related to Terrifier 3[165] - Direct operating expenses increased by $14.6 million (86%) to $31.7 million, largely due to higher royalty expenses and marketing costs associated with Terrifier 3[172] - Selling, general and administrative expenses rose by $3.0 million to $9.36 million, a 47% increase, primarily due to bonus accruals linked to Terrifier 3's theatrical revenue[166] - Selling, general and administrative expenses rose by $1.2 million (6%) to $22.3 million, influenced by bonus accruals from Terrifier 3 revenue and increased share-based compensation[173] - Interest expense for the three months ended December 31, 2024, increased by $2.1 million to $2.3 million, primarily due to higher drawings on the line of credit and increased interest rates[168] - Interest expense increased by $2.3 million to $3.1 million, primarily due to higher line of credit drawings and increased interest rates[176] Profitability - The company reported a net income attributable to common stockholders of $7.0 million for the three months ended December 31, 2024[153] - Adjusted EBITDA for the nine months ended December 31, 2024, was $9.9 million, compared to $2.8 million in the same period of 2023[181] - Net cash provided by operating activities was $4.98 million for the nine months ended December 31, 2024, a significant improvement from a cash outflow of $9.29 million in the prior year[182] Financial Position - As of December 31, 2024, the company had an accumulated deficit of $501.7 million and a working capital surplus of $6.8 million[153] - The company has a $7.5 million Line of Credit Facility with East West Bank, with $3.8 million outstanding as of December 31, 2024[154] Future Outlook - The company plans to continue investing in content development and acquisition, with short-term content advances totaling $8.8 million as of December 31, 2024[158] - The company does not anticipate future revenue from the Digital Cinema business, which saw a decrease of $3.6 million in non-recurring revenue[171]

Financial Data and Key Metrics Changes - Cineverse reported total revenues of $40.7 million for Q3 2025, a 207% increase from $13.3 million in the same quarter last year and a 220% increase from the previous quarter [22][23] - Net income for the quarter was $7.2 million, up $9.9 million from the prior year quarter, and adjusted EBITDA was $10.8 million compared to $1.8 million for the same quarter last year [9][27] - The operating margin was 48%, within the targeted range of 45% to 50%, reflecting improved cost optimization initiatives [10][25] Business Line Data and Key Metrics Changes - Streaming and digital revenues grew by 48% year-over-year, while podcast and other revenues increased by 138% [24] - The success of "Terrifier 3" significantly contributed to the revenue growth, with ancillary revenues expected to further boost results in the upcoming quarter [24][41] Market Data and Key Metrics Changes - The company is expanding its theatrical release strategy, targeting 1,500 to 2,500 screens for new films, focusing on proven intellectual properties with established fan bases [61][62] - The subscription business for Screambox reached 1.38 million subscribers, a 6% year-over-year increase, with a goal to double its growth rate to 15% to 20% [38][39] Company Strategy and Development Direction - Cineverse is adopting a "moneyball" strategy for theatrical releases, focusing on proven IP and franchises while leveraging its media assets to reduce costs and increase efficiencies [33][35] - The company plans to release at least three to four films in the coming fiscal year, aiming for a slate of 8 to 10 films annually [36][62] - There is an emphasis on expanding into other genres beyond horror, including family and comedy films, while maintaining favorable economics [68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of profitability and positive cash flow, with no current plans for equity offerings [21][30] - The success of "Terrifier 3" has opened new opportunities for film releases and marketing, with expectations for continued revenue growth in the fourth quarter [12][24] Other Important Information - The company has over $13 million in cash on hand and zero debt, with a working capital surplus of $6.8 million, the largest in company history [28][30] - Cineverse is exploring new financing options to expand credit availability for upcoming film releases [21] Q&A Session Summary Question: What is the expected number of screens for upcoming releases? - The company plans to target 1,500 to 2,500 screens for new films, similar to the release strategy for "Terrifier 3" [61][62] Question: Will Cineverse expand into other genres? - While the focus has been on horror, the company is looking at properties in family and comedy genres, leveraging its marketing strengths [68] Question: What is the investment range for new films? - The total investment for "Terrifier 3" was around $5 million, and the company expects similar or lower investments for upcoming films [73][74] Question: How is the cineSearch product progressing? - The consumer-facing version is in demo, while the backend capabilities are in active conversations for commercialization [87] Question: What is the revenue contribution from the subscription and podcasting businesses? - The subscription business aims for double-digit growth, while podcasting has seen significant audience engagement with 15 million downloads in the last quarter [96][103]

Financial Performance - Total revenue for Q3 FY 2025 was $40.7 million, a 207% increase from $13.3 million in the prior year quarter, primarily driven by the box office performance of Terrifier 3[6] - Net income for the quarter was $7.2 million, a $9.9 million increase compared to a net loss of $2.9 million in the prior year quarter[9] - Adjusted EBITDA increased to $10.8 million, up $9.0 million from $1.8 million in the prior year quarter[9] - Operating income for the three months ended December 31, 2024, was $9,436,000, compared to an operating income of $427,000 in the same period of 2023[30] - Net income attributable to common stockholders for the three months ended December 31, 2024, was $7,024,000, compared to a net loss of $2,864,000 in the same period of 2023[30] - Adjusted EBITDA for the three months ended December 31, 2024, was $10,824,000, significantly up from $1,840,000 in the same period of 2023[36] - The company reported a net income of $7,161,000 for the three months ended December 31, 2024, compared to a net loss of $2,736,000 in the same period of 2023[30] Box Office Performance - Terrifier 3 grossed over $54 million at the domestic box office, becoming the highest-grossing non-rated film ever[3] Viewership and Podcast Growth - Total monthly viewership across the channel portfolio increased by 47% year-over-year, driven by successful channel launches[9] - The Cineverse Podcast Network expanded to 57 podcasts, with podcast revenues up 39% compared to last year[9] Financial Position - The company has over $13 million in cash-on-hand and no debt, with a zero balance on its $7.5 million line of credit[5] - Total assets increased to $80,542,000 as of March 31, 2024, from $64,378,000 as of December 31, 2023[28] - Current liabilities rose to $43,728,000 as of March 31, 2024, compared to $31,249,000 as of December 31, 2023[28] - Cash and cash equivalents decreased to $5,167,000 as of March 31, 2024, from $6,083,000 as of December 31, 2023[28] Future Releases and Strategy - Upcoming releases include Silent Night Deadly Night in Q3 FY 2026 and The Toxic Avenger on August 29, 2025, with a focus on films with strong fan bases[4] - The company is expanding its technology business with new AI-powered content monetization tools and multi-year software services deals[17] - The company anticipates continued growth and expansion in its content offerings and advertising solutions, positioning itself for a new era of entertainment[25]

Total Revenue of $40.7 Million, a 207%, or $27.5 Million, Increase over Prior Year QuarterNet Income of $7.2 Million, a $9.9 Million Increase over Prior Year Quarter Adjusted EBITDA of $10.8 Million, a $9.0 Million Increase over Prior Year Quarter Total Direct Operating Margin of 48%LOS ANGELES, Feb. 13, 2025 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal third quarte ...

Group 1 - Cineverse has announced the acquisition of "Wolf Creek: Legacy," the third film in the popular slasher franchise, with filming set to begin this year and a theatrical release anticipated in fall 2026 [1][3] - The film will feature John Jarratt reprising his role as Mick Taylor, alongside cast members Jay Ryan and Laura Gordon, directed by Sean Lahiff and produced by franchise creator Greg McLean [2][3] - The storyline follows a family of American tourists who become prey in the Australian wilderness, highlighting themes of survival and horror [3] Group 2 - Cineverse aims to enhance its library with "Wolf Creek: Legacy," alongside other horror titles like "Terrifier 3" and a reimagining of "Silent Night, Deadly Night," indicating a strategic focus on expanding its horror content [4][5] - The company emphasizes its commitment to delivering bold and authentic stories, leveraging technology to connect with passionate audiences and redefine entertainment experiences [6][7] - Cineverse has a significant distribution network, managing over 71,000 premium films, series, and podcasts, showcasing its extensive reach in the entertainment industry [6]

Popular Action- Adventure Fantasy Films and Television Series Available on Cineverse Streaming Services and Other Digital Platforms LOS ANGELES, Feb. 10, 2025 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, today announced the extension of its partnership with Davis-Panzer Productions, Inc., securing digital rights to multiple titles from the iconic Highlander film and television franchise, along with additional titles from the Davis-Panzer renowned catalog. Under the multi ...

Group 1 - Cineverse Corp. will release its financial results for Q3 FY 2025 on February 13, 2025, after market close [1] - A conference call to discuss these results will be held at 4:30 p.m. ET on the same day, with dial-in numbers provided for participants [1] - The conference call will also be accessible via webcast on the company's investor website [1] Group 2 - Cineverse is a next-generation entertainment studio that distributes over 71,000 premium films, series, and podcasts [2] - The company focuses on empowering creators and entertaining fans through innovative technology and storytelling [2] - Cineverse includes notable properties such as the highest-grossing unrated film in U.S. history and a premier podcast network [2]

Dog Whisperer with Cesar Millan, Fandor, Midnight Pulp, RetroCrush,SCREAMBOX, So … Real to Also Celebrate Romance All Month LongLOS ANGELES, Feb. 4, 2025 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, has announced its upcoming content slate to celebrate Valentine's Day, across its many streaming channels. Dove Channel After the Merry Krismass campaign delivered Dove Channel's best week ever, the women-focused romance streaming service is kicking off its next big cele ...

Channel's Series Premiere Followed By Live Action Paint-Along with Nicholas Hankins, Streaming at 7 pm ET on TikTok LOS ANGELES, Jan. 30, 2025 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, today announced that "The Joy of Painting with Nicholas Hankins: Bob Ross' Unfinished Season," a new 13-episode series, will be available to stream February 3 on The Bob Ross Channel. New episodes of the series will air on Mondays at 6 pm ET on the free ad-supported streaming television ...