CuriosityStream Q1 revenue $17.6M (+77% YoY); targets positive cash flow by Q1 2023

CuriosityStream Inc.

2022-Q1 EPS reported -$0.30 revenue$17,627,000

Revenue $17.6M, up 77% YoY; paying subscribers ~24M, up 50% YoY.
Net loss $(15.9)M improved from $(18.8)M YoY; EBITDA $(19.3)M vs $(15.1)M.
New target: positive cash flow from operations in Q1 2023; cash & investments $85M.
H1 2022 guidance: revenue $38-40M; EBITDA $(35)-$(33)M.
Plans to expand Free, Ad-supported Streaming TV (FAST) channels later in 2022.

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