Business Model & Target Market - Gaia is a premium SVOD channel focusing on niche content in Personal Growth & Transformation, Ancient Wisdom & Unexplained Mysteries, and Wellness, Yoga & Meditation[4, 5] - The core demographic is 65% female, aged 45-65, highly educated, with a household income of $75,000+[8] - Gaia's total addressable market is 26 million, with a subscriber target of 5 million[16, 17] Financial Performance & Efficiency - Gaia has strong unit economics with negative working capital[10] - The LTV-CAC efficiency ratio has grown from 2.8X in 2018 to 6.2X in 2024[11] - The company has a high gross margin of 86% and a cash contribution margin of 93%[12, 38] - Full year 2024 revenues were $90363000, with a gross profit of $78810000 and adjusted EBITDA of $15223000[38] - For the three months ended June 30, 2025, Free Cash Flow was $1644000[49] Growth & Expansion - International members currently account for 40% of the member base and are estimated to reach 50% within 3 years[29] - Gaia has international rights for 98% of its content library[29] - The company is expanding through initiatives like the Gaia Marketplace (Q3 2024) and Gaia Community (June 2026)[33, 34]

Business Overview - Gaia is a premium SVOD channel focusing on niche content in personal growth, ancient wisdom, and wellness[3,4] - The core demographic is 65% female, aged 45-65, highly educated, with a household income of $75,000+[7] - Gaia targets a subscriber base of 5 million out of a total addressable market of 26 million[17] Financial Performance - In 2024, Gaia achieved revenues of $90363000 with a gross profit of $78810000, resulting in an 86% gross margin and a 93% cash contribution margin[37] - For the year 2024, the company reported positive free cash flow of $2737000, representing a 3% free cash flow margin[37] - The company's LTV-CAC efficiency ratio has grown from 28X in 2018 to 62X in 2024[10] Growth & Expansion - Gaia's international members currently stand at 44% and are estimated to reach 50% within 3 years[28] - The company possesses international rights for 98% of its content library[28] - Gaia's average revenue per member has increased from $933 in 2018 to $1074 in 2024[21]