secwatch.observer — SEC 8-K summary
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Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001564590-22-007609
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000156459022007609/0001564590-22-007609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000156459022007609/gaia-8k_20220228.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-007609

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