Gaia Q1 2021 revenue up 30% to $18.9M, net income positive $0.4M

GAIA, INC

2021-Q2 EPS reported $0.05 revenue$38,339,000

Revenue $18.9M (+30% YoY); paying members reached 750,100.
Net income $0.4M ($0.02 EPS) vs loss of $3.6M ($0.19 loss) YoY.
EBITDA $3.5M (19% of revenue) vs loss of $0.3M YoY; operating cash flow $5.2M.
Board authorized share repurchase of up to 5M Class A shares; shelf registration renewed for 10M shares.
Gross margin 87.1%; customer acquisition cost as % of revenue improved to 40% from 52%.

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