secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001213900-24-073922
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne Q1 FY2025 revenue $13.2M (+25% YoY); guides FY2025 revenue $51-56M
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- Q1 revenue $13.2M, +25% YoY; adjusted EBITDA loss of $316K.
- FY2024 full-year revenue $43.3M, adjusted EBITDA +$663K.
- FY2025 revenue guidance $51-56M; convertible notes of $7M converted at $3/share.
- Ranked #11 on Podtrac's July 2024 publisher rankings; renewed shows with >1B downloads.
- LiveOne (LVO) owns ~71.9% of PODC; no debt; featured in 1M+ Tesla cars.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024073922/0001213900-24-073922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024073922/ea0212896-8k_podcast.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-073922

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