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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]
X @Ansem
Ansem 🧸💸· 2025-07-02 23:32
RT The Chopping Block (@_choppingblock)we just finished editing the podcast feat. @RyanWatkins_ & @jon_charb and decided to just leak it https://t.co/yisdfKcqzM ...
X @The Economist
The Economist· 2025-07-01 20:37
Why is the story of the Monkey King still so popular—and what does it reveal about China today? Listen to “Drum Tower”, with Jiehao Chen and @RosieBlau https://t.co/vQunVe4DZc ...
X @Forbes
Forbes· 2025-06-27 04:50
Overview - Jake Shane's podcast "Therapuss" features celebrity guests and offers life advice [1] - The podcast expanded to a road tour in 2025, including a show at Radio City Music Hall [1] Recognition - Jake Shane was recognized as a ForbesTopCreator [1]
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 ...
X @Elon Musk
Elon Musk· 2025-06-08 18:26
Social Commentary - Elon Musk suggests that individuals relying on traditional media sources inhabit a different reality compared to those consuming alternative media like podcasts [1]
PodcastOne (NASDAQ: PODC) Announces Network Expansion with Launch of Five New and Acquired Podcasts, Marks 11 Additions in 2025 for a Total of 208 Shows
Globenewswire· 2025-05-29 12:00
Core Insights - PodcastOne has expanded its programming slate by adding new and acquired podcasts, including "Love Murder," "The Broadside," and "Intrusive Thoughts" by Adam Rippon, along with new shows like "Yestergays" and "A Lot of You Have Been Asking" [1][2][3] Company Overview - PodcastOne is ranked as the 9th largest podcast network in the US by Podtrac, with over 4 billion total downloads and a community of 200 top podcasters [2][9] - The company has a distribution network that reaches over 1 billion monthly impressions across various platforms, including YouTube, Spotify, and Apple Podcasts [10] New Podcast Details - "Yestergays" hosted by Justin Sylvester and Blakely Thornton revisits significant pop culture moments, offering a humorous take on historical events [3][4] - "Love Murder" focuses on stories of love and relationships that have turned deadly, hosted by Jessie Pray and Andie Cassette [4] - "Intrusive Thoughts" by Adam Rippon provides a comedic and unfiltered look into his mind, appealing to a broad audience [5] - "A Lot of You Have Been Asking…" hosted by Hayden Cohen combines comedy with pop culture and social media insights, featuring interviews and humorous commentary [6] - "The Broadside," in collaboration with WUNC, explores important stories from the American South, covering news, arts, and culture [7] Strategic Partnerships - PodcastOne has formed an alignment with WUNC for exclusive sales and distribution rights for "The Broadside," enhancing its true crime offerings with "Love Murder" and complementing its comedy and pop culture podcasts with the new additions [2][3]
Video podcasts are having a moment at media upfronts
CNBC· 2025-05-14 13:15
Core Insights - Amazon's Upfronts pitch highlighted the success of the Kelce brothers' podcast "New Heights," showcasing the growing importance of podcasts in the media landscape [1][2] - Live sports content remains a key focus for advertisers, with significant presentations from major networks during Upfronts, despite economic uncertainties [3] - The shift towards social media and video formats has led to increased investment in podcasts, with influencers and athletes securing lucrative deals [4][5] Group 1 - Amazon's Prime holds media rights for NFL's Thursday Night Football, but the Kelce brothers were featured due to their podcast's success [2] - Live sports are a major draw for advertisers, with networks like Fox, NBCUniversal, Disney, and Warner Bros. Discovery emphasizing sports content during Upfronts [3] - The rise of podcasts as a valuable media format is driven by consumer preferences for social media and streaming platforms, leading to increased advertising spending in this area [5] Group 2 - The quality of podcast video production has improved, attracting more attention from advertisers and content creators [4] - Netflix's co-CEO indicated that the lines between podcasts and talk shows are blurring, suggesting potential future integration of podcasts into their platform [6]