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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]
PodcastOne (Nasdaq: PODC) Bolsters Crypto Advisory Board Adding Lou Kerner
Globenewswire· 2025-06-30 14:24
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 [3] - The platform has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [3] - PodcastOne's distribution network reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3] Key Developments - Lou Kerner has joined the newly created PodcastOne Crypto Advisory Board, alongside crypto veterans Steve Lehman and Steve McClurg [2][3] - Kerner's expertise in the crypto and Web3 space is expected to enhance PodcastOne's innovation and unlock new opportunities for creators and listeners [3] - Kerner has a notable background, including being the founder of CryptoMondays, a decentralized community with 100,000 members, and a former partner at Blockchain Coinvestors [5]
PodcastOne (Nasdaq: PODC) to Host Thursday, July 3rd Special Conference Call to Review Record Earnings and Provide a Business Update
GlobeNewswire News Room· 2025-06-26 12:00
LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading publisher and podcast sales network, announced today that it will be hosting a special conference call on Thursday July 3, 2025, to discuss its operating results for the fourth fiscal quarter (“Q4 Fiscal 2025”) and fiscal year ended March 31, 2025 (“Fiscal 2025”) and provide a business update. To access the call, please use the following information: Q4 Fiscal 2025 and Fiscal 2025 Earnings Conference CallDate:Thursday, July ...
PodcastOne (Nasdaq: PODC) Launches Crypto Podcast Network
Globenewswire· 2025-06-26 12:00
Expands into Web3 audio / video contentPipeline of 75+ crypto podcasts and AI-hosted original IPExplores tokenizing 200+ podcast library unlocking new revenue streams via blockchain technology LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a top podcast network and publisher, today announced the official launch of a new podcast network focused entirely on the fast-growing world of cryptocurrency, blockchain, and Web3 innovation. This new crypto-focused network features a curated s ...
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 ...
LiveOne Shares Plummet 11% as Q4 Loss Widens, Top Line Declines Y/Y
ZACKS· 2025-06-19 13:56
Key Takeaways LVO reported a Q4 GAAP loss of $0.08 per share on $19.3M revenue, down 37.8% year over year. The Audio division posted a record $108.9M revenue and $18.2M adjusted EBITDA for fiscal 2025. LVO's user base surpassed 1.45M, fueled by Tesla partnership and strong audience engagement.LiveOne, Inc. (LVO) incurred a fourth-quarter fiscal 2025 GAAP loss of 8 cents per share compared with a loss of 3 cents a year ago. The Zacks Consensus Estimate was pegged at a loss of 5 cents per share.Quarterly re ...
PodcastOne (NASDAQ: PODC) Reports Record Q4 Fiscal 2025 Financial Results
Globenewswire· 2025-06-18 12:00
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: Management Commentary "PodcastOne continues to be a podcast industry giant and our top 10 network ranking is reflective of the dedication and passion of our C-suite, the innovative approach of our employees in all aspects of our busin ...
LiveOne's (Nasdaq: LVO) Audio Division Achieves Record Earnings, Adjusted EBITDA* Exceeds Guidance by 51% at $18.2M
Globenewswire· 2025-06-18 12:00
- Audio Division (Slacker Radio and PodcastOne): - Fiscal 2025 Record Revenue: $108.9M (beat guidance by $2.9M) - Fiscal 2025 Record Adjusted EBITDA*: $18.2M (beat guidance by 51+% or $6.2M) - Fiscal 2025 Consolidated Revenue: $114.4M (beat guidance by $2.4M) - Company will host a conference call and webcast on June 26, 2025, to discuss earnings and current B2B partnerships, including Tesla LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertai ...
PodcastOne (Nasdaq: PODC) to Present Record Revenues at Trump Mar-a-Lago Today
Newsfilter· 2025-04-16 12:30
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]