---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-079708"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-05-31T23:56:46.093123+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cineverse reports FY2024 revenue $49.1M; Adj EBITDA $4.4M vs $0.1M prior year

## Summary
- Revenue $49.1M, down from $68.0M; net loss $21.8M ($1.78/sh) vs $10.1M ($1.13/sh).
- Adjusted EBITDA $4.4M, up $4.3M from prior year; direct operating margin 61% vs 47%.
- SG&A decreased $8.9M; working capital improved to positive $1.5M from negative $7.8M.
- Recorded $14.0M non-cash goodwill impairment; repurchased 184k shares through June 30.
- Terrifier 3 set for October 11, 2024; East West Bank credit line expanded to $7.5M.

## SEC filing metadata
- accession: 0000950170-24-079708
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000095017024079708/0000950170-24-079708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000095017024079708/cnvs-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-079708
- JSON: https://secwatch.observer/filing/0000950170-24-079708.json
- Plain text: https://secwatch.observer/filing/0000950170-24-079708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.