PodcastOne anticipates Q4 FY24 revenue of $11.7M, up 32% YoY; FY25 guidance $50-55M

PodcastOne, Inc.

Q4 FY24 preliminary revenue $11.7M (+32% YoY); Adjusted EBITDA $256K, a $470K improvement.
FY24 revenue expected $43.3M (+25% YoY); Adjusted EBITDA $660K.
FY25 revenue guidance of $50M-$55M; added 30 new podcasts in FY24 with 100+ in pipeline.
Closed B2B partnership with a Fortune 250 company (60M+ subscribers) generating $20M+ annual revenue.
Sold 'Vigilante' TV rights to a major studio; owns 6+ scripted podcasts including 'Varnamtown' in negotiations.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PodcastOne, Inc. reported preliminary financial results for fiscal quarter and fiscal year ended March 31, 2024.

Period: fiscal quarter and fiscal year ended March 31, 2024
Result: preliminary results

Exact text from the filing

On April 24, 2024, PodcastOne, Inc. (the “Company”) issued a press release announcing certain preliminary financial results for its fiscal quarter and fiscal year ended March 31, 2024 and certain other updates.

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PodcastOne, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-035813

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