secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001213900-24-023206
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne issues corporate presentation; Q3 revenue $10.4M (+22% YoY), Adj. EBITDA -$356K
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- PodcastOne (Nasdaq: PODC) reported Q3 FY2024 revenue of $10.4M, up 22% YoY; nine-month revenue $31.6M.
- FY2024 pro forma revenue guidance $47-51M with Operating Adjusted EBITDA $4-5M.
- Converted $5.8M of convertible notes at $3/share; now debt-free.
- Ranked #10 on Podtrac's Top Podcast Publishers (Jan 2024); renewed top shows with >1B cumulative downloads.
- LiveOne (LVO) retains ~73.3% ownership; PODC has 23.15M shares outstanding, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024023206/0001213900-24-023206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024023206/ea0201969-8k_podcastone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-023206

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