Highest-materiality recent filing
Q4 revenue $26.0M, up $10.4M or 67% YoY, driven by $11.6M from Giant and IndiCue acquisitions in first partial quarter.
Cineverse to exchange 3.118 Series A Preferred shares for up to 1.5M common shares in five tranches
Exchange of 3.118 preferred shares for common shares in five equal tranches beginning May 1, 2026.
Cineverse acquires IndiCue for $22M; guides FY2027 rev $115-120M, adj EBITDA $10-20M
Base consideration $22M ($12.8M cash + $9.2M stock); earnouts up to $18M on revenue/gross margin targets.
Cineverse Reports Q3 FY2026 Revenue of $16.3M, Adj. EBITDA $2.4M, Acquisitions and FY2027 Guidance
Q3 FY2026 revenue $16.3M (down 60% YoY) due to absence of $22.8M Terrifier 3 theatrical revenue in prior year quarter.
Cineverse buys IndiCue for $22M, raises $13M notes, prelim Q3 rev $15-17M
Acquires IndiCue ($22M: $12.8M cash at close, $9.2M cash/stock year one); CTV ad platform.
Cineverse acquires Giant Worldwide, integrating studio relationships into Matchpoint platform.
Acquired Giant Worldwide for all-cash; expects $15-17M revenue, $3.5-4M EBITDA in FY2027.
Cineverse Q2 FY2026 net loss widens to $5.7M, revenue down 3% YoY
Revenue $12.4M (down 3% YoY); Direct Operating Margin 58% (up 7pp).
Cineverse Q1 FY2026 revenue $11.1M (+22% YoY); net loss $3.6M
Total revenue $11.1M, up 22% YoY; direct operating margin 57% (+6%).
Cineverse Q4/FY2025: revenue $15.6M/$78.2M, net income $0.9M/$3.2M, turns profitable
Q4 revenue $15.6M (+58% YoY); full-year revenue $78.2M (+59% YoY).
New $12.5M revolving facility (expandable to $15M at lender's discretion) replaces prior $7.5M line.
Cineverse Q3 FY2025 revenue $40.7M (+207% YoY); net income $7.2M
Total revenue $40.7M vs $13.3M prior year; net income $7.2M vs loss of $2.9M; EPS $0.38 vs -$0.22.
Cineverse Q2 revenue ex-Digital Cinema up 20%; Terrifier 3 to add $20M+ next quarter
Total revenue $12.7M; excluding $2.4M non-recurring Digital Cinema revenue, core revenue up 20% YoY.
Cineverse Q1 revenue falls 30% YoY to $9.1M; net loss improves; library appraised at $39.8M
Revenue $9.1M vs $13.0M YoY; digital distribution down $1.9M and legacy cinema $1.2M.
Cineverse receives Nasdaq bid price deficiency notice; has until Jan 6, 2025 to regain compliance
Received Nasdaq notice on July 10, 2024 for failing minimum bid price of $1 per share for 30 consecutive business days.
Cineverse reports FY2024 revenue $49.1M; Adj EBITDA $4.4M vs $0.1M prior year
Revenue $49.1M, down from $68.0M; net loss $21.8M ($1.78/sh) vs $10.1M ($1.13/sh).
Cineverse Q3 FY2024: Revenue $13.3M, direct margin 59%, Adj. EBITDA $1.8M
Total revenue $13.3M vs $27.9M prior year; net loss $2.9M ($0.22/sh) vs net income $4.9M ($0.55/sh).
Cineverse CEO reports 64% operating margin, 283% Adjusted EBITDA surge; plans new channels
Operating margin improved to 64% from 42% YoY in last reported quarter.
Cineverse announces Amagi partnership targeting low-eight-figure annual tech revenue
Partnership with Amagi (valued at $1.5B) to integrate Cineverse's Matchpoint Suite and content services for Amagi's 700+ brands.
Cineverse Q2 FY2024: Revenue $13M, EBITDA $2.4M, operating margin 64% vs 42%
Total revenue $13.0M vs $14.0M prior year; subscription revenue up 52% to $3.5M; paid subscribers up 32% to 1.24M.
Cineverse Q1 FY2024: revenue $13.0M, streaming record $10.5M, net loss narrows to $3.6M
Revenue $13.0M (down 4.4% YoY); streaming/digital/podcast revenue record $10.5M, up 5.8%.
Cineverse Q1 FY2024 rev $13.0M, operating loss narrows 40.7% to $2.7M
Total revenues $13.0M vs $13.6M YoY; streaming/digital/podcast revenue record $10.5M (+5.8%).
Cineverse regains Nasdaq $1.00 bid price compliance; subject to Panel Monitor
Regained compliance with $1.00 minimum bid price requirement for continued listing on Nasdaq Capital Market.
Full-year revenue $68.0M (+21.4% YoY); Streaming revenue $32.2M (+58.5%); Content & Entertainment $56.0M (+47.7%).
Cineverse CEO explains $8M equity raise to fund acquisitions, cites Terrifier 2 success
Closed public offering of 2,150,000 shares plus warrants for $8M gross proceeds on June 16, 2023.
Cineverse prices $8M public offering of common stock and warrants at $3.00/unit
Gross proceeds of ~$8M from sale of 2,666,667 units at $3.00/unit, each consisting of one share (or pre-funded warrant) and one common warrant.
Cineverse announces 1-for-20 reverse stock split, Nasdaq extends bid price cure to July 19
1-for-20 reverse stock split effective 12:01 a.m. ET June 9, 2023; ticker CNVS with 'D' appended for ~20 trading days.
On April 15, 2026, Cineverse Corp. (the “Company”) announced that Mark Lindsey would transition out of the Chief Financial Officer role effective as of May 10, 2026.
Pursuant to the Huidor Employment Agreement, Mr. Huidor will serve as President of Technology and Chief Product Officer of the Company.
On September 13, 2023, the Company announced that John Canning would be leaving the Company as Chief Financial Officer effective as of the expiration of his employment agreement on September 13, 2023.
On September 13, 2023, the Company also announced that John Canning will be leaving the Company as Chief Financial Officer effective as of the expiration of his employment agreement on September 13, 2023.
On September 13, 2023, the Company announced the appointment of Mark Lindsey, 56, as Chief Financial Officer, effective as of September 14, 2023.
As of September 13, 2021, Cinedigm Corp. (the “Company”) entered into an employment agreement with John Canning (the “Canning Employment Agreement”), pursuant to which Mr. Canning will serve as Chief Financial Officer of the Company.
On August 9, 2021, the Board appointed Ashok Amritraj as a director to fill the vacancy resulting from Mr. Bu’s resignation.
On August 6, 2021, Tom Bu resigned from the Board of Directors (the “Board”) of Cinedigm Corp. (the “Company”), effective immediately, to pursue other personal interests.
Max materiality 0.90 · Median 0.60 · Most common event earnings