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Cineverse (CNVS) - 2024 Q4 - Annual Results
CNVSCineverse (CNVS)2024-07-01 20:50

Exhibit 99.1 Cineverse Reports Fourth Quarter and Fiscal Year 2024 Results Total Revenue of 49.1MillionTotalDirectOperatingMarginIncreasedto6149.1 Million Total Direct Operating Margin Increased to 61% from 47% Selling, General, and Administrative Expenses Decreased By 8.9 Million, or 24% Adjusted EBITDA of 4.4Million,anIncreaseof4.4 Million, an Increase of 4.3 Million from Prior Year Positive Working Capital of $1.5 Million as of Year End LOS ANGELES, July 1, 2024 – Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainmen ...