NASDAQ$CNVS
Cinedigm Corp · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Cineverse's financial performance reflected cost streamlining initiatives and strategic developments.
Cineverse reported a decrease in revenue to $9.1 million, but benefited from cost streamlining, leading to an improved direct operating margin of 51%. The company saw growth in viewership and podcast revenue, and is preparing for the release of 'Terrifier 3'.
- Total revenue was $9.1 million, down from $13.0 million year-over-year, impacted by reduced streaming and digital revenue.
- Direct operating margin increased to 51% from 46% due to decreased direct operating expenses.
- SG&A expenses decreased by $1.3 million, or 17%, driven by reduced legal, consulting, and compensation costs.
- Net loss attributable to common stockholders improved to $3.2 million, or $(0.20) per share, from $3.6 million, or $(0.37) per share.
Headline financials
Revenue & EPS history
Cinedigm · Revenue · Quarterly
$9.13M
Forward guidance
Cineverse anticipates revenue upsides from new sales initiatives, including Matchpoint technology, AI products, and omni-advertising programs. The company expects significant growth in digital, licensing, and Matchpoint revenues.
Tailwinds
- Expect to record revenue upsides over the next few quarters as we close multiple deals already in the sales queue.
- Viewership across our streaming channel portfolio increased by 73%.
- Combined with the rapid growth of our podcast business, this should set the stage for significant revenue upsides.
- Terrifier 3 is on target for theatrical release on October 11, 2024.
- Licensing sales have increased substantially, and our sales team has gained significant early traction.
Headwinds
- Challenging year-over-year revenue comparisons due to the timing of digital content releases and legacy Digital Cinema non-recurring items.
- Did not yet begin to record the revenue upsides during the quarter from our new sales teams and new sales initiatives.
- Adjusted EBITDA improved by $0.1 million to ($1.4) million.
- Total revenue of $9.1 million versus $13.0 million, mainly reflecting a reduction of $2.4 million in Streaming and Digital revenue.
- Net loss attributable to common stockholders was $3.2 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+1.8%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-4.9%
Avg return
30 days after
60%
24 / 40 earnings
Positive
+51.6%
Q3 2024
Best reaction
-21.7%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +9.6% | +14.8% | -14.4% | |
| Q2 2026 | +0.0% | +1.7% | -5.8% | |
| Q1 2026 | -13.4% | -18.0% | -42.3% | |
| Q4 2025 | +14.8% | +36.4% | +39.0% | |
| Q3 2025 | -6.7% | +2.9% | -18.3% | |
| Q2 2025 | -3.0% | +43.3% | +33.2% | |
| Q1 2025 | +1.2% | +5.0% | +5.0% | |
| Q4 2024 | +1.1% | -5.6% | -9.0% | |
| Q3 2024 | +51.6% | -0.6% | -19.4% | |
| Q2 2024 | +1.8% | -1.8% | +0.9% | |
| Q1 2024 | +4.7% | -1.6% | -1.6% | |
| Q4 2023 | +4.1% | -15.8% | -28.1% | |
| Q3 2023 | -8.3% | -23.3% | -21.7% | |
| Q2 2023 | -1.6% | -24.6% | -21.3% | |
| Q1 2023 | -1.3% | -23.4% | -29.9% | |
| Q4 2022 | +7.7% | -21.5% | -12.3% | |
| Q3 2022 | -3.7% | +3.7% | -15.9% | |
| Q2 2022 | +2.8% | -24.0% | -40.1% | |
| Q1 2022 | +4.9% | +6.4% | +20.2% | |
| Q4 2021 | +2.5% | -4.5% | +12.1% | |
| Q3 2021 | -3.0% | -28.9% | -17.8% | |
| Q2 2021 | +10.0% | -1.7% | +36.7% | |
| Q1 2021 | -14.6% | -30.5% | -44.5% | |
| Q4 2020 | -0.5% | -6.2% | -29.7% | |
| Q3 2020 | -5.5% | -1.8% | -36.4% | |
| Q2 2020 | +3.4% | +4.6% | -13.8% | |
| Q1 2020 | +0.8% | -2.4% | -23.4% | |
| Q4 2019 | -4.1% | +0.8% | +0.8% | |
| Q3 2019 | +14.3% | +17.1% | +73.3% | |
| Q2 2019 | +2.3% | -12.6% | -12.6% | |
| Q1 2019 | +5.5% | -4.1% | -9.0% | |
| Q4 2018 | +0.0% | +2.0% | -1.3% | |
| Q3 2018 | +3.2% | -0.8% | +4.8% | |
| Q2 2018 | +0.7% | +7.3% | +8.8% | |
| Q1 2018 | +1.3% | -3.3% | -1.3% | |
| Q4 2017 | -8.0% | -22.6% | -33.2% | |
| Q3 2017 | +7.2% | +28.0% | +11.2% | |
| Q2 2017 | +3.8% | +8.9% | -9.5% | |
| Q1 2017 | +7.1% | -10.3% | -23.2% | |
| Q4 2016 | -21.7% | +30.4% | +94.8% | |
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