Gaia Q2 2023 revenue $19.8M, net loss $1.7M; sequential member growth to 774,500

GAIA, INC

2023-Q2 EPS reported -$0.14 revenue$39,486,000

Revenue $19.8M, down 4% YoY but up sequentially; member count +8,000 to 774,500.
Net loss $1.7M ($0.08 EPS) vs net income $0.1M in Q2 2022; returned to positive cash flow.
Gross profit $17.0M (85.7% margin) vs $18.0M (86.7%) a year ago on higher content amortization.
Operating expenses $18.6M, up from $17.7M due to costs from 20% staff reduction in Q1.
Cash $10.9M at quarter end; CEO cites ARPU growth potential from Gaia Marketplace rollout.

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 second quarter ended June 30, 2023 results: revenue $19.8 million, net income $1.7 million loss, EPS $(0.08) per share.

Period: second quarter ended June 30, 2023
Revenue: $19.8 million
Net income: $1.7 million loss
EPS: $(0.08) per share
Result: reported results

Exact text from the filing

Revenues for the second quarter were $19.8 million

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 0000950170-23-035942

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.