secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-067944
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne Q1 FY2025 revenue $13.2M (+25% YoY) but operating loss $1.4M
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- Revenue of $13.2M, up 24% YoY from $10.6M; record quarter.
- Operating loss of $1.4M vs income of $0.2M; adjusted EBITDA $(0.3M) vs $0.4M.
- Signed $24M revenue B2B partnership with a Fortune 250 company.
- Added 9 new podcasts, total now 187; sold show to top 5 streaming platform.
- Maintains FY2025 revenue guidance of $51-56M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024067944/0001213900-24-067944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024067944/ea0211226-8k_podcast.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-067944

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