secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001213900-23-089983
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne raises FY2024 revenue guidance to $47-51M, reports Q2 revenue $10.5M (+24% YoY)
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- Q2 FY2024 revenue $10.5M, +24% YoY; Adjusted EBITDA $500K.
- FY2024 revenue guidance raised to $47-51M; Operating Adj. EBITDA $4-5M.
- Converted $5.8M convertible notes at $3/share; now debt-free.
- Ranked #10 on Podtrac top publishers; renewed shows with 1B+ downloads.
- Spin-off from LiveOne completed 9/8/2023; LiveOne owns ~80% of PODC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023089983/0001213900-23-089983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023089983/ea189030-8k_podcastone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-089983

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer