Cineverse (CNVS) Q4 2025 Earnings Call June 27, 2025 09:00 AM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary & Senior AdvisorChristopher McGurk - Chairman & CEOMark Lindsey - CFOErick Opeka - President & Chief Strategy OfficerTony Huidor - Chief Product Officer & President - TechnologyDaniel Kurnos - MD - Internet & Media Equity ResearchBrian Kinstlinger - MD, Director - Research & Head - Technology Research Operator Good day, everyone. Welcome to Cineverse's Fourth Quarter and Fisca ...

Core Insights - Cineverse Corp. reported significant financial growth in Q4 FY 2025, with total revenue of $15.6 million, a 58% increase compared to the prior year quarter, and net income of $0.9 million, a $15.5 million increase over the prior year quarter [1][2][11] - The success of the horror film "Terrifier 3" has been a major driver of revenue growth, contributing to both theatrical and ancillary revenues, and establishing itself as the biggest unrated film release of all time [2][3][16] Financial Performance - Full-year consolidated revenue for FY 2025 reached $78.2 million, up from $49.1 million in FY 2024, marking a 59% increase primarily due to "Terrifier 3" and growth in streaming, digital, and podcast businesses [5][7] - Adjusted EBITDA for FY 2025 increased to $13.9 million from $4.4 million in FY 2024, reflecting strong operational performance [7][29] - The company's direct operating margin for FY 2025 was 50%, consistent with its target range of 45% to 50% [6] Operational Developments - Cineverse has a strong financial position with nearly $14 million in cash and no outstanding debt, alongside a $12.5 million line of credit [4][15] - The company has announced a slate of upcoming film releases, including "The Toxic Avenger" and "Silent Night, Deadly Night," which are expected to generate additional revenue [3][16] - The podcast network has expanded significantly, now comprising over 74 series and achieving over 230 million lifetime downloads [18] Market Strategy - Cineverse's unique marketing approach, particularly for "Terrifier 3," has allowed it to achieve high box office results with minimal marketing expenditure, leveraging digital campaigns and owned channels [3][9] - The company is focusing on becoming an AI-native entertainment studio, with plans to integrate AI into various operational processes [16]

Company's Proprietary, Customizable Product is "AI for your UI" that Improves the Viewer Search Experience, User Retention and Time Spent in a Cost-Effective WaycineSearch Now Available to Platforms and OEMs via Google Cloud Marketplace and through Growing Sales TeamLOS ANGELES, June 10, 2025 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, today announced that the newly-formed Cineverse Technology Group has officially launched cineSearch for Business. The revolutionary, AI- ...

Company Overview - Cineverse has announced the formation of the Cineverse Technology Group to enhance technology monetization and accelerate AI-driven innovation in the entertainment industry [1][2] - The company aims to modernize the global entertainment infrastructure and build next-generation AI-powered tools [1] Leadership Changes - Tony Huidor has been promoted to President of Technology and Chief Product Officer, bringing over 30 years of experience in media technology [2][8] - Huidor has played a significant role in the development and scaling of the Matchpoint platform at Cineverse [9] Technology and Product Development - Matchpoint™, Cineverse's media supply chain platform, automates workflows and streamlines content delivery, providing significant cost efficiencies [3][11] - The Technology Group will focus on expanding Matchpoint's commercial licensing partnerships with large media companies seeking operational cost savings [4][5] AI Innovations - Cineverse is developing AI-driven solutions to optimize decision-making, profitability, and operational efficiency across the entertainment lifecycle [7] - Current AI initiatives include content performance forecasting, automated marketing, advanced content valuation, and real-time ad optimization [8] Business Impact - The company has demonstrated its technology's effectiveness by achieving margin expansion and operational efficiencies, leading to higher profitability and faster content delivery [5][6] - Cineverse's mission is to deliver practical technology solutions that drive revenue growth and profitability for both the company and its partners [10] Industry Position - Cineverse is positioned as a pioneer in the video streaming industry, leveraging its technology to redefine entertainment delivery and management [11][12] - The company distributes over 71,000 premium films, series, and podcasts, connecting fans with independent stories [12]