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PodcastOne (NASDAQ: PODC) Announces Podcast Return of Todd and Julie Chrisley with Chrisley Confessions 2.0 in Exclusive Multiyear Deal
Globenewswire· 2025-07-17 16:01
After President Trump’s Pardon, Chrisley Confessions 2.0 Launches First Episodes in Two Years, Rejoin Daughter Savannah Chrisley at PodcastOneLOS ANGELES, July 17, 2025 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today the highly anticipated return of Chrisley Confessions, the hit podcast hosted by reality television stars Todd and Julie Chrisley. Relaunching as Chrisley Confessions 2.0 exclusively with PodcastOne and available in video as well as ...
rtside (PODC) - 2025 Q4 - Earnings Call Transcript
2025-07-03 16:32
Financial Data and Key Metrics Changes - Revenue in the fiscal fourth quarter of 2025 increased 20% to $14.1 million compared to $11.7 million in the same quarter a year ago [11] - Operating loss in the fiscal fourth quarter of 2025 was $1.8 million compared to an operating loss of $1.2 million in the same quarter a year ago, primarily driven by higher non-cash stock compensation expense [11][12] - Net loss in the fiscal fourth quarter of 2025 was $1.8 million or a loss of $0.06 per share compared to a net loss of $1 million or $0.05 per share in the quarter a year ago [12] - Adjusted EBITDA in the fiscal fourth quarter of 2025 was positive $900,000 compared to positive $300,000 in the same quarter a year ago [12] - For the fiscal year 2025, revenue increased 20% to $52.1 million compared to $43.3 million in fiscal year 2024 [12][13] - Operating loss for the fiscal year 2025 was $6.4 million compared to an operating loss of $5 million in fiscal year 2024 [13] - Net loss for the fiscal year 2025 was $6.4 million or $0.27 per share compared to a net loss of $14.7 million or $0.68 per share in fiscal year 2024 [14] Business Line Data and Key Metrics Changes - PodcastOne renewed several high-performing legacy shows and expanded partnerships, contributing to a 20% year-over-year revenue increase [11][8] - New original titles launched in the quarter included "Kate and Ty," "Break It Down," and "DetoxRetox with Tom Schwartz," each drawing strong early audiences [10] - The migration to Amazon's Art19 platform introduced a new core monetization channel alongside existing revenue streams [9] Market Data and Key Metrics Changes - Podcasting industry projected to see over $2.4 billion in advertising investment in 2025, with PodcastOne positioned to capitalize on this growth [6] - PodcastOne ranked as a top 10 US podcast publisher with a monthly unique US audience of 6 billion downloads and streams [7] Company Strategy and Development Direction - PodcastOne is focused on diversifying revenue streams and enhancing monetization through partnerships and new content [11][17] - The company is actively evaluating M&A prospects to acquire top content and networks, as well as enhance its platform with production and technology acquisitions [17] - The strategic initiative to enter the crypto space aims to create a new vertical and attract new advertisers [19][55] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the advertising environment, noting higher CPMs and increased advertiser interest [40] - The company is optimistic about future growth, expecting revenues for fiscal year 2026 to be between $55 million and $60 million [15] - Management highlighted the importance of maximizing opportunities with current inventory while acquiring new content producers [61] Other Important Information - PodcastOne completed a renovation of its Beverly Hills studio, enhancing production capabilities [10] - The company ended the fiscal fourth quarter with no debt and $1.1 million in cash and cash equivalents [12] Q&A Session Summary Question: Increase in stock-based compensation - Management confirmed that the increase in stock-based compensation is related to initiatives to offer talent a larger component of compensation [25][27] Question: Benefits from the Art19 deal - Management reported operational efficiencies and cost savings from the Art19 deal, with revenue generation exceeding expectations [30][32] Question: Cost of sales as a percentage of revenue - Management indicated that cost of sales improved and is expected to hold steady or improve further [34][35] Question: Advertising environment and advertiser appetite - Management noted a positive advertising environment with higher CPMs and more advertisers entering the space [40] Question: Talent acquisition environment - Management stated that there is still good talent available and the company is in a strong position to negotiate favorable terms [44][46] Question: Terms of the Amazon deal - Management explained the minimum guarantee structure based on impressions, with specific thresholds to meet for revenue increases [49][50] Question: Rationale for entering the crypto space - Management highlighted the passionate community in the crypto space and the potential for new advertisers and content opportunities [53][55] Question: Growth compared to the industry - Management expressed confidence in their growth strategy and emphasized the importance of maximizing current partnerships while acquiring new content [59][61]
rtside (PODC) - 2025 Q4 - Earnings Call Transcript
2025-07-03 16:30
Financial Data and Key Metrics Changes - Revenue in the fiscal fourth quarter of 2025 increased 20% to $14.1 million compared to $11.7 million in the same quarter a year ago [11] - Operating loss in the fiscal fourth quarter of 2025 was $1.8 million compared to an operating loss of $1.2 million in the same quarter a year ago, primarily driven by higher non-cash stock compensation expense [11] - Net loss in the fiscal fourth quarter of 2025 was $1.8 million or a loss of $0.06 per share compared to a net loss of $1 million or $0.05 per share in the quarter a year ago [12] - Adjusted EBITDA in the fiscal fourth quarter of 2025 was positive $900,000 compared to positive $300,000 in the same quarter a year ago [12] - For the fiscal year 2025, revenue increased 20% to $52.1 million compared to $43.3 million in fiscal year 2024 [13] - Operating loss for the fiscal year 2025 was $6.4 million compared to an operating loss of $5 million in fiscal year 2024 [13] - Net loss for the fiscal year 2025 was $6.4 million or $0.27 per share compared to a net loss of $14.7 million or $0.68 per share in fiscal year 2024 [13] Business Line Data and Key Metrics Changes - PodcastOne renewed several high-performing legacy shows and expanded partnerships, contributing to a 20% year-over-year revenue increase [11][8] - The company successfully began migration to Amazon's Art19 platform, introducing a new core monetization channel [9] - PodcastOne Pro services have begun contributing meaningfully to revenue, with clients relying on the company's infrastructure for high-quality branded content [9] Market Data and Key Metrics Changes - Podcasting industry projected to see over $2.4 billion in advertising investment in 2025, with PodcastOne positioned to capitalize on this growth [6] - PodcastOne ranked as a top 10 US podcast publisher with a monthly unique US audience of 6 billion downloads and streams [7] Company Strategy and Development Direction - The company is focused on diversifying revenue streams and enhancing its content portfolio through strategic partnerships and acquisitions [17] - PodcastOne is actively evaluating M&A prospects to acquire top content and networks, as well as enhance its platform with production and technology acquisitions [17] - The company is exploring opportunities in the crypto space, aiming to consolidate and create a network that leverages the growing interest in cryptocurrency [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the advertising environment, noting higher CPMs and increased advertiser interest despite economic uncertainties [41] - The company is optimistic about future growth, expecting revenues for fiscal year 2026 to be between $55 million and $60 million, with adjusted EBITDA projected between positive $3 million and $5 million [14][15] Other Important Information - The company ended the fiscal fourth quarter with no debt and $1.1 million in cash and cash equivalents [12] - PodcastOne completed financing with JGB Capital, replacing its previous line of credit, which will facilitate business growth [15] Q&A Session Summary Question: Increase in stock-based compensation - Management confirmed that the increase in stock-based compensation is related to initiatives to make it a larger component of talent compensation and indicated that this level is expected to continue [25][27] Question: Advertising environment and advertiser appetite - Management reported a good quarter with higher CPMs and more advertisers entering the space, despite competition from larger players [41][42] Question: Talent acquisition environment - Management indicated that there is still good talent available and expressed confidence in negotiating favorable terms for new shows [45][46] Question: Amazon deal terms and thresholds - Management explained that the deal includes a minimum guarantee based on impressions, with current thresholds set at 90 million and 110 million impressions [51] Question: Rationale for entering the crypto space - Management highlighted the opportunity to consolidate in the crypto podcast space and create a network that connects passionate communities [56][58] Question: Growth compared to the industry - Management stated that while the company is growing, it is important to maximize opportunities with current inventory and partnerships to ensure profitability [61][62]
rtside (PODC) - 2025 Q4 - Annual Report
2025-07-02 21:28
[Business Overview](index=5&type=section&id=Item%201.%20Business) PodcastOne operates an ad-supported podcast platform, achieving **$52.1 million** revenue in FY2025, while managing download declines and leveraging proprietary technology and strategic partnerships [Company and Business Model](index=5&type=section&id=Overview) PodcastOne, a LiveOne subsidiary, operates an ad-supported podcast platform, offering comprehensive creator services and a self-publishing incubator, with **$52.1 million** revenue in fiscal 2025 - PodcastOne is a leading podcast publisher and a majority-owned subsidiary of LiveOne, Inc., having completed its direct listing on Nasdaq in September 2023[19](index=19&type=chunk)[20](index=20&type=chunk) - The business model is ad-supported, generating revenue from host-read ads, dynamic ad insertion (DAI), and sponsorships, with revenue shared with talent[22](index=22&type=chunk)[27](index=27&type=chunk)[29](index=29&type=chunk) - The company operates LaunchpadOne, a free self-publishing platform for independent podcasters, serving as a talent pool for the main network[23](index=23&type=chunk)[39](index=39&type=chunk) Fiscal Year Financial Performance | Metric | FY 2025 | FY 2024 | Growth | | :--- | :--- | :--- | :--- | | Revenue | $52.1 million | $43.3 million | 20% | [Key Business Metrics](index=9&type=section&id=Key%20Business%20Metrics) Podcast downloads, the primary business metric, decreased **44%** to **204.7 million** in fiscal 2025, primarily due to Apple iOS 17 changes and partner network departures - The decrease in podcast downloads is primarily due to modified download behavior by Apple iOS 17 and the departure of non-revenue generating partner networks[41](index=41&type=chunk)[58](index=58&type=chunk) Podcast Downloads (YoY) | Metric | Year Ended March 31, 2025 | Year Ended March 31, 2024 | YoY Growth | | :--- | :--- | :--- | :--- | | Number of podcast downloads | 204,709,000 | 368,812,413 | (44)% | [Growth Strategies](index=9&type=section&id=Growth%20Strategies) Growth strategies include launching and acquiring podcasts, investing in advertising, and partnering with new distribution platforms, with recent revenue growth significantly driven by a single large customer - Key growth strategies include launching new podcasts with relevant creators, acquiring existing podcasts, investing in advertising, and partnering with new distribution platforms[43](index=43&type=chunk)[45](index=45&type=chunk)[46](index=46&type=chunk)[47](index=47&type=chunk) - Ad-supported service revenue grew **20%** from **$43.3 million** in FY2024 to **$52.1 million** in FY2025, with **94%** (**$8.2 million**) of this increase from a single largest customer[49](index=49&type=chunk) - In April 2025, the company entered a three-year agreement with Amazon's ART19 for hosting, expecting to drive additional monetization[46](index=46&type=chunk) [Competition and Market Position](index=15&type=section&id=Competition) The company competes for listener attention and advertising revenue with a broad range of digital and traditional media, including major streaming platforms and internet companies - The company competes for listeners with other on-demand audio services, radio providers, and various entertainment forms[76](index=76&type=chunk) - Competition for advertising spend comes from internet companies, social media sites, and traditional channels like radio and television[77](index=77&type=chunk)[129](index=129&type=chunk) [Intellectual Property and Technology](index=14&type=section&id=Intellectual%20Property) The company protects its business through intellectual property and proprietary technology, including a Content Management System (CMS) and the LaunchpadOne self-publishing platform - The company utilizes a proprietary Content Management System (CMS) providing creators with download numbers and analytics, noted as a competitive differentiator[69](index=69&type=chunk)[70](index=70&type=chunk) - LaunchpadOne is a key asset, offering a free, end-to-end podcasting solution for independent creators and serving as a monetization channel through ad insertion[81](index=81&type=chunk) - Since 2019, the company includes passive participation rights in agreements, allowing payment from derivative works without creative control[80](index=80&type=chunk) [Risk Factors](index=18&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks including ongoing losses, going concern doubts, intense competition, reliance on advertising, key personnel dependency, and financial exposure through its parent company's debt [Business and Industry Risks](index=20&type=section&id=Risks%20Related%20to%20Our%20Business%20and%20Industry) The company faces business and industry risks including recurring losses, going concern doubts, high dependence on volatile advertising demand, intense competition, and reliance on talent with significant minimum guarantee payments - The company has a history of significant operating and net losses, reporting a net loss of **$6.5 million** for fiscal 2025 and **$14.7 million** for fiscal 2024[109](index=109&type=chunk) - The independent auditor's report expresses substantial doubt about the company's ability to continue as a going concern due to recurring losses from operations[123](index=123&type=chunk)[432](index=432&type=chunk) - The business faces intense competition from other podcast providers, internet radio, and large digital media companies with greater resources and brand recognition[126](index=126&type=chunk)[127](index=127&type=chunk) - Revenue is highly dependent on advertising demand, which is subject to economic downturns and shifts in marketing budgets[135](index=135&type=chunk) - Significant minimum guarantee (MG) payments to talent pose a financial risk if revenue forecasts are not met, potentially impacting margins and operating flexibility[132](index=132&type=chunk) [Company-Specific Risks](index=42&type=section&id=Risks%20Related%20to%20Our%20Company) Company-specific risks include previously identified material weaknesses in internal controls, heavy dependence on key management, increased public company compliance costs, and potential impacts from rising inflation - For fiscal 2024, management concluded disclosure and internal controls were ineffective due to material weaknesses, though remediated by fiscal 2025 year-end[214](index=214&type=chunk)[215](index=215&type=chunk)[216](index=216&type=chunk) - The company's success is highly dependent on key members of management, including President Kit Gray, Executive Chairman Robert Ellin, and CFO Ryan Carhart[225](index=225&type=chunk) - Operating as a public company results in significant and increasing legal, accounting, and other compliance-related expenses[227](index=227&type=chunk) - Rising inflation poses a risk by increasing costs for labor, technology, and equipment, which may not be fully recoverable through price increases[234](index=234&type=chunk) [Risks Related to LiveOne Relationship and Debt](index=49&type=section&id=Risks%20Related%20to%20Our%20Relationship%20with%20LiveOne%20and%20its%20Indebtedness) As a majority-owned subsidiary, PodcastOne faces risks from LiveOne's substantial debt, which is secured by PodcastOne's assets and includes restrictive covenants, alongside potential conflicts of interest as a controlled company - LiveOne's debt agreements contain restrictive covenants and are secured by substantially all assets of both LiveOne and PodcastOne, potentially limiting operating flexibility[244](index=244&type=chunk)[527](index=527&type=chunk)[558](index=558&type=chunk) - PodcastOne is a "controlled company" under Nasdaq rules due to LiveOne's majority voting stock ownership, though it does not currently intend to use governance exemptions[247](index=247&type=chunk)[248](index=248&type=chunk) - Potential conflicts of interest exist with LiveOne concerning business opportunities, strategic decisions, and competitor relationships[250](index=250&type=chunk)[251](index=251&type=chunk)[252](index=252&type=chunk) [Management's Discussion and Analysis (MD&A)](index=69&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This section discusses the company's financial performance, liquidity, and critical accounting policies, highlighting revenue growth, reduced net loss, ongoing going concern doubts, and reliance on external financing [Results of Operations](index=74&type=section&id=Results%20of%20Operations) Revenue increased **20%** to **$52.1 million** in fiscal 2025, primarily from a single customer, leading to a reduced net loss of **$6.5 million** due to lower other expenses, while Adjusted EBITDA turned negative - Revenue increased by **$8.8 million** (**20%**), with **$8.2 million** (**94%** of the increase) attributed to a single largest customer[369](index=369&type=chunk) - The significant reduction in net loss from **$14.7 million** to **$6.5 million** was primarily due to a **$9.7 million** decrease in 'Other income (expense), net', including a **$7.6 million** loss on derivative fair value changes and **$2.2 million** in interest expense in fiscal 2024[378](index=378&type=chunk) Consolidated Statement of Operations (in thousands) | | Year Ended March 31, 2025 | Year Ended March 31, 2024 | | :--- | :--- | :--- | | **Revenue** | **$52,119** | **$43,302** | | Cost of sales | $47,394 | $37,326 | | Total operating expenses | $58,553 | $48,313 | | **Loss from operations** | **$(6,434)** | **$(5,011)** | | Total other expense, net | $0 | $(9,666) | | **Net loss** | **$(6,458)** | **$(14,732)** | | Net loss per share | $(0.26) | $(0.68) | Non-GAAP Adjusted EBITDA Reconciliation (in thousands) | | Year Ended March 31, 2025 | Year Ended March 31, 2024 | | :--- | :--- | :--- | | Net Loss | $(6,458) | $(14,732) | | Adjustments (Depreciation, Stock Comp, etc.) | $5,957 | $15,233 | | **Adjusted EBITDA** | **$(501)** | **$501** | [Liquidity and Capital Resources](index=83&type=section&id=Liquidity%20and%20Capital%20Resources) The company's liquidity is constrained by **$1.1 million** cash and an accumulated deficit of **$36.1 million**, raising going concern doubts and necessitating additional financing, with LiveOne's new debt facility secured by PodcastOne's assets - The company has a history of losses and an accumulated deficit of **$36.1 million** as of March 31, 2025, raising substantial doubt about its ability to continue as a going concern[416](index=416&type=chunk)[453](index=453&type=chunk) - Management anticipates existing cash resources of **$1.1 million** will not be sufficient beyond June 2026, requiring additional financing[413](index=413&type=chunk)[454](index=454&type=chunk) - In May 2025, parent company LiveOne secured new senior secured convertible debentures, raising an initial **$15.25 million**, guaranteed by PodcastOne and secured by its assets[409](index=409&type=chunk)[553](index=553&type=chunk) Cash Flow Summary (in thousands) | | Year Ended March 31, 2025 | Year Ended March 31, 2024 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(212) | $2,211 | | Net cash used in investing activities | $(154) | $(1,328) | | Net cash used in financing activities | $0 | $(3,000) | | **Net change in cash** | **$(366)** | **$(2,117)** | [Critical Accounting Policies and Estimates](index=79&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) Critical accounting policies involve significant management estimates, including revenue recognition for advertising and barter, stock-based compensation, business combinations, and complex debt instrument valuation - Advertising revenue, including barter transactions, is a key estimation area, with barter revenue at **$25.0 million** (**48%** of total revenue) in fiscal 2025, up from **$16.7 million** (**39%**) in fiscal 2024, attributed to a single customer[388](index=388&type=chunk)[389](index=389&type=chunk)[462](index=462&type=chunk) - Stock-based compensation is valued using the Black-Scholes-Merton model, requiring subjective estimates for variables like expected volatility and term[390](index=390&type=chunk) - Business combinations require management to estimate the fair value of acquired assets and liabilities, with goodwill tested for impairment annually[392](index=392&type=chunk)[401](index=401&type=chunk) - Complex debt instruments with conversion features are assessed for derivative treatment, requiring fair value measurement at each reporting period[394](index=394&type=chunk)[395](index=395&type=chunk) [Financial Statements and Notes](index=87&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the audited financial statements, including balance sheets and statements of operations, along with key notes detailing auditor's going concern opinion, bridge loan conversion, commitments, and subsequent financing events [Independent Auditor's Report](index=88&type=section&id=Report%20of%20Independent%20Registered%20Public%20Accounting%20Firm) The independent auditor's report expresses a fair opinion on financial statements but highlights substantial doubt about the company's going concern ability due to recurring losses - The auditor's report includes a "Going Concern Uncertainty" paragraph, citing recurring losses, negative cash flows, and a net capital deficiency that raise substantial doubt about the company's ability to continue as a going concern[432](index=432&type=chunk) [Consolidated Financial Statements](index=89&type=section&id=Consolidated%20Financial%20Statements) The consolidated balance sheet shows **$21.2 million** in total assets and **$15.1 million** in equity as of March 31, 2025, while the statement of operations reports a **$6.5 million** net loss for fiscal 2025 Consolidated Balance Sheet Highlights (in thousands) | | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $1,079 | $1,445 | | Total Assets | $21,195 | $24,125 | | Total Liabilities | $6,053 | $7,784 | | Total Stockholders' Equity | $15,142 | $16,341 | Consolidated Statement of Operations Highlights (in thousands) | | Year Ended March 31, 2025 | Year Ended March 31, 2024 | | :--- | :--- | :--- | | Revenue | $52,119 | $43,302 | | Loss from operations | $(6,434) | $(5,011) | | Net loss | $(6,458) | $(14,732) | [Note 6: Bridge Loan and Warrants](index=104&type=section&id=Note%206%20%E2%80%94%20Bridge%20Loan) The **$8.8 million** PC1 Bridge Loan was converted into common stock upon direct listing in September 2023, and associated **$9.1 million** warrants were reclassified from liability to equity - The PC1 Bridge Loan, taken out in July 2022, was fully converted into common stock upon the direct listing in September 2023[505](index=505&type=chunk)[509](index=509&type=chunk) - Upon the direct listing, the PC1 Warrants became fixed and were reclassified from a **$9.1 million** liability to additional paid-in capital[510](index=510&type=chunk) [Note 8: Commitments and Contingencies](index=107&type=section&id=Note%208%20%E2%80%94%20Commitments%20and%20Contingencies) The company has **$1.5 million** in content provider commitments and a **$15.0 million** minimum guarantee agreement with Amazon's ART19, while also being exposed to LiveOne's debt secured by its assets - As of March 31, 2025, the company has guaranteed payment obligations to content providers of **$1.3 million** for FY2026, **$0.1 million** for FY2027, and **$0.1 million** for FY2028[522](index=522&type=chunk) - A three-year agreement with Amazon's ART19 requires a minimum guarantee of **$15.0 million** to PodcastOne over the term, subject to impression targets, with **$0.8 million** revenue recognized in fiscal 2025[524](index=524&type=chunk) - LiveOne's debt facilities are collateralized by a first lien on all assets of LiveOne and its subsidiaries, including PodcastOne, exposing the company to risks related to its parent's financial health and debt compliance[527](index=527&type=chunk)[528](index=528&type=chunk) [Note 12: Subsequent Events](index=115&type=section&id=Note%2012%20%E2%80%94%20Subsequent%20Events) Subsequent events include LiveOne securing new **$15.25 million** secured convertible debentures guaranteed by PodcastOne, and new employment agreements for key executives with significant RSU grants - In May 2025, LiveOne sold **$16.775 million** in principal amount of senior secured convertible debentures for **$15.25 million**, guaranteed by PodcastOne and secured by its assets[553](index=553&type=chunk)[558](index=558&type=chunk) - In June 2025, new two-year employment agreements were signed with President Kit Gray (annual salary **$375,000**) and CRO Sue McNamara (annual salary **$325,000**), including substantial RSU grants[559](index=559&type=chunk)[560](index=560&type=chunk) [Controls and Procedures](index=116&type=section&id=Item%209A.%20CONTROLS%20AND%20PROCEDURES) This section details management's evaluation of disclosure controls and procedures, confirming their effectiveness and remediation of prior material weaknesses [Evaluation of Controls and Procedures](index=116&type=section&id=Evaluation%20of%20Disclosure%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of March 31, 2025, remediating prior material weaknesses, and no auditor attestation report is required for this smaller reporting company - Management concluded that the company's disclosure controls and procedures were effective as of March 31, 2025[562](index=562&type=chunk)[567](index=567&type=chunk) - This assessment indicates a remediation of the material weaknesses present in the prior fiscal year (ended March 31, 2024)[215](index=215&type=chunk)[570](index=570&type=chunk) - As a smaller reporting company, an attestation report from the independent registered public accounting firm on internal controls is not included[569](index=569&type=chunk) [Other Information (Part III & IV)](index=120&type=section&id=PART%20III) This section incorporates by reference information on governance, compensation, and ownership from the forthcoming proxy statement, and lists financial statements and exhibits [Incorporation by Reference and Exhibits](index=120&type=section&id=Incorporation%20by%20Reference) Information for Items 10-14, including Directors, Executive Compensation, and Security Ownership, is incorporated by reference from the 2025 Proxy Statement, with Item 15 listing financial statements and exhibits - Items 10-14, covering Directors, Executive Officers, Executive Compensation, Security Ownership, Certain Relationships and Related Transactions, and Principal Accounting Fees, are incorporated by reference from the forthcoming 2025 Proxy Statement[577](index=577&type=chunk)[578](index=578&type=chunk)[579](index=579&type=chunk)[580](index=580&type=chunk)[581](index=581&type=chunk)
PodcastOne (Nasdaq: PODC) Bolsters Crypto Advisory Board Adding Lou Kerner
Globenewswire· 2025-06-30 14:24
Company Overview - PodcastOne (NASDAQ: PODC) is a leading podcast platform that offers a comprehensive solution in sales, marketing, public relations, production, and distribution for creators and advertisers [3] - The platform has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [3] - PodcastOne's distribution network reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3] Key Developments - Lou Kerner has joined the newly created PodcastOne Crypto Advisory Board, alongside crypto veterans Steve Lehman and Steve McClurg [2][3] - Kerner's expertise in the crypto and Web3 space is expected to enhance PodcastOne's innovation and unlock new opportunities for creators and listeners [3] - Kerner has a notable background, including being the founder of CryptoMondays, a decentralized community with 100,000 members, and a former partner at Blockchain Coinvestors [5]
PodcastOne (Nasdaq: PODC) to Host Thursday, July 3rd Special Conference Call to Review Record Earnings and Provide a Business Update
GlobeNewswire News Room· 2025-06-26 12:00
Company Overview - PodcastOne (NASDAQ: PODC) is a leading podcast platform that offers a comprehensive solution in sales, marketing, public relations, production, and distribution for creators and advertisers [2] - The platform has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [2] - PodcastOne's distribution network reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [2] Upcoming Events - PodcastOne will host a special conference call on July 3, 2025, to discuss its operating results for Q4 Fiscal 2025 and the fiscal year ended March 31, 2025 [1] - The call is scheduled for 11:30 AM Eastern Time (8:30 AM Pacific Time) [1] - Access details for the call include a webcast link and dial-in numbers for both domestic and international participants [1]
PodcastOne (Nasdaq: PODC) Launches Crypto Podcast Network
Globenewswire· 2025-06-26 12:00
Core Viewpoint - PodcastOne has launched a new podcast network dedicated to cryptocurrency, blockchain, and Web3 innovation to meet the growing demand for crypto-related content [1][3]. Company Overview - PodcastOne is a leading podcast platform with over 3.9 billion total downloads and a community of 200 top podcasters [3]. - The company has a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3]. New Network Features - The new crypto-focused network will feature a curated slate of original shows hosted by prominent industry voices [2]. - PodcastOne plans to explore podcast tokenization and pursue strategic alignments and acquisitions within the crypto podcast space [2][5]. Market Demand - Kit Gray, President and Co-Founder of PodcastOne, highlighted a significant shift in listener interest towards crypto content, indicating that launching a dedicated network is a response to this trend [3].
PodcastOne (PODC) Earnings Call Presentation
2025-06-26 09:17
A LEADING PODCAST PLATFORM WITH OVER 3.9 BILLION DOWNLOADS THAT PROVIDES CONTENT CREATORS AND ADVERTISERS WITH A FULL 360-DEGREE SOLUTION NASDAQ: PODC Investor Presentation February 2025 Legal Disclaimer The information in this presentation is provided to you by PodcastOne, Inc. (the "Company" or "PodcastOne") solely for informational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or instrument of the Company, or to participate in any investment activ ...
PodcastOne (NASDAQ: PODC) Reports Record Q4 Fiscal 2025 Financial Results
Globenewswire· 2025-06-18 12:00
Fiscal 2025 Revenue: $52.1 Million (Record)Q4 Fiscal 2025 Revenue: $14.1 Million, up 20% QoQ, Adjusted EBITDA*: $0.9 Million (Record)Raises Fiscal 2026 Guidance: Revenue: $55-60 Million, Adjusted EBITDA*: $3-5 Million LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading publisher and podcast sales network, announced today its operating results for the fourth fiscal quarter (“Q4 Fiscal 2025”) and fiscal year ended March 31, 2025 (“Fiscal 2025”). Key Highlights: Surpassed compa ...
PodcastOne (PODC) Renews Existing Exclusive Rights and Distribution Agreement with A+E Networks, Partnership Launched in 2017
Globenewswire· 2025-06-17 16:12
Core Insights - PodcastOne has renewed its agreement with A+E Networks for exclusive sales and distribution rights to five true crime podcasts, which have collectively surpassed 160 million downloads [1][4][12] Group 1: Podcast Details - The five podcasts include Cold Case Files, I Survived, American Justice, City Confidential, and Ancient Aliens, each enhancing A+E Networks' linear broadcasts [1][4] - Cold Case Files focuses on unsolved murders in America, highlighting that one-third of all murders remain open, with only 1% of cold cases being solved [4] - I Survived features personal accounts of survival against life-threatening situations, showcasing human endurance [5] - American Justice provides insights into significant criminal cases through the perspectives of those involved [6] - City Confidential tells real-life stories from various American cities, covering a range of criminal activities [7] - Ancient Aliens explores the theory of extraterrestrial visits to Earth throughout history [8] Group 2: Company Strategy and Growth - PodcastOne Pro division transforms podcast ideas into successful productions, leveraging existing network programming for growth [2][3] - The partnership with A+E Networks has expanded from one podcast in 2017 to five, demonstrating significant growth in audience engagement [4][9] - PodcastOne's infrastructure and technology enable tailored services for companies looking to adapt television content into podcasts [3][9] Group 3: Market Position and Reach - PodcastOne has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [12] - The company has built a distribution network that reaches over 1 billion monthly impressions across various platforms [12] - PodcastOne's portfolio includes a diverse range of genres, indicating a strong market presence in the podcasting industry [11]