PodcastOne, a leading publisher and podcast sales network, announced its operating results for the fourth fiscal quarter and the fiscal year ended March 31, 2025, showing remarkable growth and achievements. Here are the key highlights from the report:
– **Fiscal 2025 Revenue**:
– Achieved a record revenue of $52.1 million.
– **Q4 Fiscal 2025**:
– Revenue of $14.1 million, up **20%** from the previous quarter.
– Recorded an **Adjusted EBITDA** of $0.9 million, setting a new record.
– **Partnerships and Expansion**:
– Art19 partnership with Amazon reached 105 million impressions.
– Expanded Fortune 250 streaming partnership.
– **Podcast Growth**:
– Intensified the network with the addition of 24 new podcasts, bringing the total to 200+ podcasts.
– **Industry Recognition**:
– Ranked in the top 10 publishers by Podtrac for the 6th consecutive month.
– **Future Growth**:
– Raised **Fiscal 2026 Guidance** to revenue between $55-60 million and Adjusted EBITDA of $3-5 million.
– **Operational Performance** for Q4 Fiscal 2025:
– Operating loss was $(1.542) million.
– Total Other Income (Expense) stood at $0.
– Net loss amounted to $(1.554) million.
– **Adjusted EBITDA** rose to $0.888 million, up significantly from $0.258 million in the same quarter the previous year.
– **Fiscal 2026 Guidance**:
– Projects revenue to increase to a record of $55-60 million.
– Anticipates a record Adjusted EBITDA of $3.0-5.0 million.
PodcastOne’s management highlighted their commitment to industry leadership and innovation, showcasing achievements like supporting podcast tours and expanding content offerings. They emphasized the importance of developing new monetization channels and boosting audience growth for enhanced value delivery to stakeholders.
### Financial Metrics Expressed in Percentages *(vs. Q4 Fiscal 2024)*:
– **Revenue**:
– Q4 Fiscal 2025 saw revenue up by **20%** compared to the same quarter in 2024.
– **Adjusted EBITDA**:
– The Adjusted EBITDA also showed significant growth, increasing to **$0.888 million** in Q4 Fiscal 2025, compared to $0.258 million in Q4 Fiscal 2024.
– **Net Loss**:
– The net loss increased in Q4 Fiscal 2025 compared to the same period in 2024.
### Financial Health Metrics *(Fiscal Year Ended March 31, 2025)*:
– **Contribution Margin**:
– The Contribution Margin for the year ended March 31, 2025, was **$4.725 million**, down from $5.976 million in the previous fiscal year.
– **Net Loss**:
– The net loss for the year was $(6.172) million.
– **Operating Expenses**:
– Operating expenses increased, resulting in a higher operating loss compared to the previous fiscal year.
### Forward-Looking Statements:
The company’s forward-looking statements emphasize the risks and uncertainties associated with the industry, including financial performance, acquisitions, legal proceedings, and economic conditions. PodcastOne aims to comply with financial regulations and provide transparent reporting.
In conclusion, PodcastOne’s robust performance in Q4 Fiscal 2025 and throughout Fiscal 2025 indicates steady growth and strategic partnerships. The company’s focus on innovation and audience engagement positions them for continued success in the podcast industry.
For further information on PodcastOne’s financial performance, interested parties can join the earnings conference call and webcast scheduled on June 26, 2025.
### Income Statement
| Item | Three Months Ended March 31 2025 | Three Months Ended March 31 2024 | Year Ended March 31 2025 | Year Ended March 31 2024 |
|---|---|---|---|---|
| Revenue | $14,097 | $11,707 | $52,119 | $43,302 |
| Operating loss | ($1,542) | ($1,178) | ($6,148) | ($5,011) |
| Total other income (expense) | $0 | $184 | $0 | ($9,666) |
| Net loss | ($1,554) | ($1,049) | ($6,172) | ($14,732) |
| Adjusted EBITDA* | $888 | $258 | ($501) | $501 |
| Net loss per share basic and diluted | ($0.06) | ($0.05) | ($0.26) | ($0.68) |
| Weighted average shares | 25,110,498 | 23,125,368 | 24,133,630 | 21,767,810 |
### Balance Sheet
**PodcastOne, Inc.**
**Consolidated Balance Sheets (Unaudited)**
| Assets | March 31, 2025 | March 31, 2024 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $1,079 | $1,445 |
| Accounts receivable, net | $6,246 | $6,023 |
| Prepaid expense and other current assets | $230 | $1,105 |
| Total Current Assets | $7,555 | $8,573 |
| Property and equipment, net | $216 | $309 |
| Goodwill | $12,041 | $12,041 |
| Intangible assets, net | $1,186 | $3,145 |
| Related party receivable | $354 | $57 |
| Total Assets | $21,352 | $24,125 |
| Liabilities and Stockholders’ Equity | March 31, 2025 | March 31, 2024 |
|---|---|---|
| Current Liabilities | ||
| Accounts payable and accrued liabilities | $5,538 | $7,383 |
| Related party payable | $514 | $315 |
| Total Current Liabilities | $6,052 | $7,698 |
| Other long term liabilities | $0 | $86 |
| Total Liabilities | $6,052 | $7,784 |
| Stockholders’ Equity | ||
| Common stock | $0 | $0 |
| Additional paid in capital | $51,083 | $45,952 |
| Accumulated deficit | ($35,783) | ($29,611) |
| Total stockholders’ equity | $15,300 | $16,341 |
| Total Liabilities and Stockholders’ Equity | $21,352 | $24,125 |
