secwatch.observer — SEC 8-K summary
======================================

Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001213900-24-035813
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024035813/0001213900-24-035813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024035813/ea0204598-8k_podcast.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-035813

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