Core Viewpoint - Stingray Group Inc. reported strong financial results for Q1 of fiscal 2026, with significant growth in revenues and net income, driven by robust performance in its Broadcast and Recurring Commercial Music segments, particularly in FAST channel revenues [1][3][4]. Financial Highlights - Revenues increased by 7.4% to $95.6 million in Q1 2026 from $89.1 million in Q1 2025 [4][6]. - Adjusted EBITDA rose by 8.3% to $33.7 million in Q1 2026 from $31.1 million in the same period last year [4][11]. - Net income surged by 130.1% to $16.8 million, or $0.24 per share, compared to $7.3 million, or $0.11 per share, in Q1 2025 [4][12]. - Adjusted net income grew by 53.0% to $21.3 million, or $0.31 per share, from $13.9 million, or $0.20 per share, in the prior year [4][12]. - Cash flow from operating activities amounted to $19.0 million, up from $10.8 million in Q1 2025 [4][13]. - Adjusted free cash flow improved to $18.8 million from $15.5 million in the same period last year [4][14]. Segment Performance - Broadcasting and Commercial Music revenues increased by 8.0% to $61.4 million, driven by higher FAST channel revenues [4][10]. - Radio revenues improved by 6.2% to $34.2 million, supported by higher airtime and digital sales [4][10]. - Revenues in Canada rose by 1.1% to $49.5 million, primarily due to increased Radio revenues [7]. - Revenues in the United States grew by 25.8% to $35.2 million, mainly from higher FAST channel revenues [8]. - Revenues in other countries decreased by 9.5% to $10.9 million, attributed to lower in-store commercial revenues [9]. Operational Developments - The company launched six new FAST channels on VIZIO's free streaming service, expanding its offerings [21]. - Stingray announced the acquisition of The Singing Machine Company to enhance its karaoke services [21]. - The company experienced delays in large installation projects related to digital signage, affecting revenue recognition [3]. Debt and Cash Position - As of June 30, 2025, the company had cash and cash equivalents of $11.5 million and credit facilities totaling $337.4 million [15][30]. - The net debt to Pro Forma Adjusted EBITDA ratio decreased to 2.24x from 2.77x year-over-year [4][30]. Dividend Declaration - On August 5, 2025, the company declared a dividend of $0.075 per share, payable on or around September 15, 2025 [16].

Core Points - Stingray Group Inc. announced a time change for its conference call to discuss financial results for Q1 of fiscal 2026, now scheduled for 9:30 a.m. Eastern Time on August 6, 2025 [1][2] - The financial results for the first quarter ended June 30, 2025, will be released on August 5, 2025, after market close [2] Company Overview - Stingray is a global music, media, and technology company, recognized as an industry leader in TV broadcasting, streaming, radio, business services, and advertising [4] - The company offers a wide range of services including audio and video channels, 97 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [4] - Stingray Business provides commercial solutions in music, in-store advertising, digital signage, and AI-driven consumer insights [4] - Stingray Advertising is North America's largest retail audio advertising network, reaching over 30,000 major retail locations [4] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [4]

Core Insights - Stingray Group Inc. will release its financial results for the first quarter ended June 30, 2025, on August 5, 2025, after market close [1] - A conference call to discuss these results is scheduled for August 6, 2025, at 9:00 a.m. Eastern Time [1] Company Overview - Stingray is a global music, media, and technology company, recognized as an industry leader in TV broadcasting, streaming, radio, business services, and advertising [3] - The company offers a wide range of services including audio and video channels, 97 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [3] - Stingray Business provides commercial solutions in music, in-store advertising, digital signage, and AI-driven consumer insights [3] - Stingray Advertising is the largest retail audio advertising network in North America, reaching over 30,000 major retail locations [3] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [3]

Core Viewpoint - Stingray Group Inc. has nominated The Honourable Jean Charest for election to its Board of Directors at the upcoming Annual General Meeting on August 6, 2025, highlighting his potential contributions to the company's strategic direction and global expansion [1][2]. Company Overview - Stingray is a global leader in music, media, and technology, providing a wide range of services including TV broadcasting, streaming, radio, business services, and advertising solutions [5]. - The company operates 97 radio stations and offers subscription video-on-demand content, FAST channels, karaoke products, and music apps, reaching 540 million consumers in 160 countries [5]. Board of Directors Changes - Mark Pathy, Chair of Stingray's Board, expressed enthusiasm for Mr. Charest's potential election, emphasizing his extensive experience in public policy and international business as beneficial for the company's growth [2]. - François-Charles Sirois, a co-founder and director since 2007, will not seek re-election at the upcoming AGM, marking the end of an 18-year tenure [2][3]. Jean Charest's Background - Jean Charest has a distinguished political and legal career, having served as Premier of Québec from 2003 to 2012 and as Deputy Prime Minister of Canada in 1993 [3]. - Currently, he is a partner and strategic advisor at Therrien Couture Joli-Coeur L.L.P., where he utilizes his expertise in public policy and business for international transactions [3].

Core Viewpoint - Stingray Group Inc. has announced a leadership change due to the CFO's health-related leave, appointing Marie-Hélène Fournier as Interim CFO to ensure continuity in the company's financial strategy [1][2][3] Group 1: Leadership Change - Jean-Pierre Trahan, the Chief Financial Officer of Stingray, is taking a leave of absence for health reasons [1] - Marie-Hélène Fournier has been appointed as Interim Chief Financial Officer, effective immediately, and has extensive experience with over 75 acquisitions and investments [2] - The CEO expressed confidence in Fournier's ability to maintain the company's strategic execution during Trahan's absence [3] Group 2: Company Overview - Stingray is a global leader in music, media, and technology, providing a wide range of services including TV broadcasting, streaming, and advertising solutions [3] - The company operates 97 radio stations and offers various digital services, reaching 540 million consumers across 160 countries [3] - Stingray Business division focuses on commercial solutions such as music, in-store advertising, and AI-driven consumer insights [3]

Core Insights - Stingray Group Inc. will release its financial results for the fourth quarter ended March 31, 2025, on June 10, 2025, after market close [1] - A conference call to discuss these results is scheduled for June 11, 2025, at 10:00 a.m. Eastern Time [1] Company Overview - Stingray is a global music, media, and technology company, recognized as an industry leader in TV broadcasting, streaming, radio, business services, and advertising [3] - The company offers a wide range of services including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [3] - Stingray Business provides commercial solutions in music, in-store advertising, digital signage, and AI-driven consumer insights [3] - Stingray Advertising is the largest retail audio advertising network in North America, reaching over 30,000 major retail locations [3] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [3]