earnings
confidence high
sentiment positive
materiality 0.65
Gaia Q3 revenue $20.2M, adds 16,000 members; net loss narrows to $0.6M
GAIA, INC
2023-Q3 EPS reported
-$0.16
revenue$59,709,000
- Revenue $20.2M, up from $19.9M YoY; net loss $0.6M ($0.03/sh) vs $2.4M ($0.11/sh) a year ago.
- Member count rose to 790,500; 16,000 members added in Q3, double the Q2 addition rate.
- EBITDA increased to $3.9M from $1.8M in Q3 2022; cash balance $11.2M, up from $10.9M last quarter.
- Annualized gross profit per employee hit all-time high of over $650,000.
- Gaia Marketplace, rolled out to <5% of members, generated over $100k in first 20 days.