Podcasts Renewed Are Cold Case Files, I Survived, American Justice, City Confidential and Ancient Aliens Total Combined Downloads Across All Five Podcasts Tops 160 Million LOS ANGELES, June 17, 2025 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today that it has extended its agreement with A+E Networks for the exclusive sales and distribution rights to five popular true crime podcasts; Cold Case Files, I Survived, American Justice, City Confidential ...

Lineup Includes Podcasts from Olympic Medalist Adam Rippon, Comedian Hayden Cohen and Television Host Justin Sylvester, Combined Social Following Across Hosts Exceeds 3 Million Followers PodcastOne 9th Largest US Podcast Distributor, All Time Downloads Top 4 Billion LOS ANGELES, May 29, 2025 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today that it has continued to broaden its programming slate by adding several new and acquired podcasts to its net ...

Financial Results - PodcastOne, Inc. announced preliminary financial results for the fiscal year and quarter ended March 31, 2025[5]. - The company is in the process of finalizing its financial results, which are subject to change[6]. - The financial closing procedures for the fiscal year and quarter ended March 31, 2025, are not yet complete[6]. - Preliminary unaudited financial information has not been audited by the independent registered public accounting firm[8]. - The estimates presented in the press release should not be viewed as a substitute for full financial statements prepared in accordance with GAAP[6]. Non-GAAP Measures - The company reported EBITDA as a non-GAAP financial measure to provide insights into ongoing business performance[7]. - The company does not intend for non-GAAP measures to be considered in isolation from GAAP measures[7]. Company Classification - PodcastOne, Inc. is classified as an emerging growth company[4]. Press Release Information - The press release is dated April 16, 2025, and is attached as Exhibit 99.1[5]. - The information included in the press release is not deemed "filed" under the Securities Exchange Act of 1934[9].

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 [4] - The platform has surpassed 3.9 billion total downloads and has a community of 200 top podcasters [4] - PodcastOne's distribution network reaches over 1 billion monthly impressions across various channels including YouTube, Spotify, Apple Podcasts, and iHeartRadio [4] Financial Performance - PodcastOne expects to report record revenue exceeding $51 million for FY 2025, with Q4 revenue projected to be over $13 million and Adjusted EBITDA above $500,000 [6] - For FY 2026, the company provides guidance of revenues between $55 million and $60 million, with Adjusted EBITDA expected to be between $2.5 million and $4 million [6] - The financial results discussed are based on preliminary unaudited analysis and may be subject to adjustments [3][6] Podcast Offerings - PodcastOne's portfolio includes top-ranked podcasts across various genres such as news, comedy, true crime, sports, and society and culture [2] - Notable shows include The Jordan Harbinger Show, Karma and Chaos, and Cold Case Files, available on multiple platforms [2] Industry Position - PodcastOne ranks 9 on Podtrac for March 2025, indicating a strong position within the podcasting industry [6]

Core Insights - PodcastOne has reported a 218% year-over-year increase in video views, indicating significant growth in its content diversification and audience reach [1] - The company has been ranked as the 9th largest U.S. podcast publisher for March 2025, marking its fourth consecutive top-ten ranking [4] Group 1: Video Strategy and Growth - PodcastOne has broadened its video production capabilities, allowing for a more dynamic and interactive listener engagement [2] - The increase in video consumption has been notable across various genres, with double-digit percentage increases in video views for popular shows [2][3] - The company aims to support video distribution for its entire roster of produced programming by the end of 2025 [3] Group 2: Audience Engagement and Partnerships - PodcastOne has deepened partnerships with major video streaming platforms, enhancing content accessibility across multiple devices [3] - This multi-platform approach has led to substantial growth in audience engagement and advertiser interest [3] Group 3: Company Overview and Reach - PodcastOne has surpassed 3.9 billion total downloads and has a community of 200 top podcasters [6] - The distribution network reaches over 1 billion monthly impressions across various channels, including YouTube and Spotify [6] - The company offers a comprehensive solution in sales, marketing, public relations, production, and distribution for creators and advertisers [6]

Core Insights - PodcastOne has announced Brittany Cartwright as the solo host of the "When Reality Hits" podcast, which has achieved 8.7 million downloads and 100 episodes since its debut in 2023 [1][2] - The podcast features Cartwright discussing various aspects of her life, including motherhood, relationships, and reality TV, with a candid and humorous approach [2][3] - PodcastOne continues to expand its content offerings, positioning itself as a leader in the rapidly growing podcasting industry [4] Company Overview - PodcastOne (NASDAQ:PODC) is a prominent podcast platform that provides a comprehensive solution for creators and advertisers, including sales, marketing, public relations, production, and distribution [5] - The platform has surpassed 3.9 billion total downloads and has a community of 200 top podcasters, reaching over 1 billion monthly impressions across various channels [5] - PodcastOne's programming lineup includes popular shows such as "Kharma and Chaos," "Bitch Bible," and "Off the Vine with Kaitlyn Bristowe," indicating a diverse range of content [3][4]

Core Insights - PodcastOne has launched a new podcast titled "In The Mind of a Man with Jax Taylor," which debuted on March 13, 2025, across multiple platforms including YouTube, Apple, Spotify, and Amazon [1][2] - The podcast focuses on modern dating, relationships, and the male psyche, featuring candid discussions and insights from Jax Taylor, who has a significant following of over two million on social media [2][3] - PodcastOne aims to expand its relationship with Jax Taylor, leveraging his popularity to reach new audiences and enhance engagement through his unique perspective [3] Company Overview - PodcastOne is a leading podcast platform that provides a comprehensive solution in sales, marketing, public relations, production, and distribution, boasting over 3.9 billion total downloads and a community of 200 top podcasters [5] - The platform has a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, and Apple Podcasts [5] - PodcastOne's roster includes top-ranked podcasts across various genres, indicating a diverse content offering that appeals to a wide audience [4]

Group 1 - PodcastOne will participate in the 37th Annual ROTH Conference from March 16-18, 2025, at Laguna Cliffs Marriott Resort & Spa in Dana Point, CA [1][2] - The company's President, Kit Gray, and CFO, Ryan Carhart, will host one-on-one meetings with institutional investors during the event [1] - PodcastOne has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [3] Group 2 - The company has built a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3] - PodcastOne offers a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution for creators and advertisers [3] - PodcastOne Pro, a subsidiary, provides fully customizable production packages for brands, professionals, or hobbyists [3]

Revenue and Growth - Revenue for the nine months ended December 31, 2024, was $38.0 million, representing a year-over-year growth of 20% from $31.6 million in 2023[134] - Revenue increased by $6.4 million, or 20.2%, to $38.0 million for the nine months ended December 31, 2024, from $31.6 million in 2023[187] - Revenue increased by $2.3 million, or 22%, to $12.7 million for the three months ended December 31, 2024, compared to $10.4 million for the same period in 2023[163] Podcast Performance - The company surpassed 3.8 billion network downloads and expanded its programming slate to 194 shows during the quarter ended December 31, 2024[136] - The number of podcast downloads decreased by 40% year-over-year to 368,812,413 for the year ended March 31, 2024, and by 50% to 155,469,000 for the nine months ended December 31, 2024[149] - PodcastOne has 5.1+ million monthly unique listeners and 16+ million IAB monthly downloads[131] - PodcastOne was ranked 8 on the December 2024 list of Top Podcast Publishers by Podtrac[129] Financial Performance - Net loss for the three months ended December 31, 2024, was $1.6 million, improving from a net loss of $2.6 million in the same period of 2023[161] - Net loss for the nine months ended December 31, 2024, was $4.6 million, an improvement from a net loss of $13.7 million in the same period of 2023[171] - Contribution margin decreased by $1.7 million, or 34.5%, to $3.2 million for the nine months ended December 31, 2024, compared to $4.9 million in 2023[187] Expenses - Cost of sales rose by $2.6 million, or 28%, to $12.0 million for the three months ended December 31, 2024, in line with revenue growth[164] - Cost of sales for the nine months ended December 31, 2024, increased by $8.2 million, or 31%, to $34.8 million compared to $26.7 million for the same period in 2023[171] - General and administrative expenses decreased by $1.3 million, or 51%, to $1.3 million for the three months ended December 31, 2024, compared to $2.6 million for the same period in 2023[168] - Sales and marketing expenses increased by $0.2 million, or 22%, to $0.9 million for the three months ended December 31, 2024, compared to $0.7 million for the same period in 2023[166] - Sales and marketing expenses decreased by $0.8 million, or 24%, to $2.6 million for the nine months ended December 31, 2024, compared to $3.4 million in 2023[176] - Product development expenses decreased by $30,000, or 43%, to $40,000 for the nine months ended December 31, 2024, from $70,000 in 2023[177] - General and administrative expenses decreased by $0.6 million, or 13%, to $4.1 million for the nine months ended December 31, 2024, compared to $4.7 million in 2023[178] - Stock-based compensation expense decreased by 62% to $679,000 for the three months ended December 31, 2024, compared to $1.8 million for the same period in 2023[162] Cash Flow and Liquidity - As of December 31, 2024, cash and cash equivalents amounted to $0.6 million, with a related party payable balance of $0.8 million[189] - LiveOne's net cash used in operating activities for the nine months ended December 31, 2024 was $0.7 million, primarily due to a net loss of $4.6 million, which included non-cash charges of $3.1 million[200] - LiveOne's net cash provided by operating activities for the nine months ended December 31, 2023 was $1.8 million, despite a net loss of $13.7 million, which included non-cash charges of $12.9 million[201] - LiveOne's net cash used in investing activities for the nine months ended December 31, 2024 was $0.2 million, primarily for the purchase of fixed assets[202] - LiveOne's liquidity will depend on its ability to convert OEM drivers to direct subscribers and negotiate flexible terms with music labels and publishers[194] - LiveOne is seeking additional interim financing to continue operations beyond February 2026, with existing cash resources deemed insufficient[195] - LiveOne's working capital was $0.4 million as of December 31, 2024, raising substantial doubt about its ability to continue as a going concern[197] Debt and Financing - As of December 31, 2024, LiveOne's total outstanding consolidated indebtedness was $5.2 million, net of fees and discounts, consisting of the ABL Credit Facility and the Capchase Loan[192] - LiveOne repaid a total of $3.25 million of the principal amount underlying the ABL Credit Facility in late 2024, reducing the facility size to $3.75 million[191] - As of December 31, 2024, LiveOne was in compliance with all covenants under the Capchase Loan and the ABL Credit Facility[206] Strategic Initiatives - An agreement with ART19, a subsidiary of Amazon, is expected to generate revenue exceeding $25 million for the 2025 calendar year[136] - The company is actively pursuing potential acquisitions of podcasts and shows consistent with its growth strategy[138] - PodcastOne's advertising strategy focuses on host-read embedded ads, dynamic ads, and programmatic monetization channels[132] - The company aims to mitigate risk by acquiring multiple assets over time across a broad spectrum of podcast-related media[130] - PodcastOne operates Launchpad One, a self-publishing platform for independent podcasters, serving as a talent pool for new podcasts[133]

Core Insights - PodcastOne continues its partnership with Kailyn Lowry, expanding her KILLR Network with the launch of a new podcast titled "Cate & Ty: Break It Down!" set for February 19, 2025 [2][4] - Lowry has established herself as a significant figure in the podcasting industry, leveraging her background from MTV's Teen Mom 2 to create a diverse range of engaging content [3][5] - The new podcast will feature Tyler and Catelynn Baltierra, focusing on their experiences beyond reality TV, including marriage, parenthood, and personal growth [4][6] Company Overview - PodcastOne (NASDAQ: PODC) is a leading podcast platform that offers a comprehensive solution in sales, marketing, public relations, production, and distribution [8] - The platform has achieved over 3.9 billion total downloads and has a community of 200 top podcasters, reaching over 1 billion monthly impressions across various channels [8] - PodcastOne's roster includes popular shows across genres such as news, comedy, true crime, and society, enhancing its market presence [7][8] Industry Impact - Kailyn Lowry's podcasts, including Coffee Convos, Karma and Chaos, and Barely Famous, have collectively garnered nearly 150 million downloads and over 700 episodes, indicating strong audience engagement [6] - The partnership with PodcastOne has allowed Lowry to amplify her reach and strengthen her brand, contributing to the growth of the KILLR Network [5][6]