Gaia reports Q4 revenue down 6% YoY, full year net loss of $3.1M; cuts $5M in costs

GAIA, INC

Full year 2022 revenue $82.0M (+3% YoY); net loss $3.1M ($0.15 loss per share) vs net income $3.7M in 2021.
Q4 revenue $19.6M (-6% YoY); net loss $0.9M ($0.04 loss per share) vs net income $2.1M in Q4 2021.
Member count 759,000 as of Dec 31, 2022; cash balance $11.6M.
CEO: eliminated $5M+ in annualized spending (36 headcount); expects $7-9M cash generation in 2023.
Adjusted EBITDA for 2022 increased to $17.5M from $16.8M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GAIA, INC reported financial results for quarter and year ended December 31, 2022.

Period: quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 6, 2023, Gaia issued a press release announcing results for its quarter and year ended December 31, 2022.

View on SEC.gov

13 earnings releases filed in the last 30 days. Browse all earnings releases →

GAIA, INC filing history →

Source: SEC EDGAR

accession 0000950170-23-006241

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.