Gaia reports first full year of operating income; FY 2021 revenue up 19% to $79.6M

GAIA, INC

2021-FY EPS reported $0.19 revenue$79,573,000

Full-year net income of $3.7M ($0.19 per share) vs. $0.5M in 2020; first year with positive operating income of $2.0M.
EBITDA of $15.1M (19% margin) vs. $7.4M (11% margin) in 2020; cash from operations rose 79% to $20.9M.
Q4 revenue $20.8M (+12% YoY); net income $2.1M ($0.10/share); member count 821,000 as of Dec 31, 2021.
Acquired Yoga International in late December 2021; integration progressing; expects acquisition to help drive similar revenue growth in 2022.
Cash balance $10.3M after using $6.5M for Yoga International and French content library in Q4.

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