Gaia Q1 revenue up 15% to $21.8M; EBITDA $4.1M, net income $0.2M

GAIA, INC

2023-FY EPS reported $0.01 revenue$21,831,000

Revenue $21.8M (+15% YoY); member count 823,000, average revenue per member up.
Gross margin 86.7% (down from 87.1%); EBITDA $4.1M vs $3.5M in Q1 2021.
Net income $0.2M ($0.01 EPS) vs $0.4M ($0.02 EPS); decline due to Yoga International amortization.
Operating cash flow $4.0M; cash balance $8.4M; used $0.8M for Yoga International deferred consideration.
Seventh consecutive quarter of positive earnings and double-digit revenue growth.

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