Cineverse Corp

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Cineverse Corp Reports Transition Year, Plans Growth

Cineverse Corp's FY 2024 marked a year of strategic transition, focusing on cost optimization and operational efficiency. Despite revenue challenges, the company is poised for growth with its strong franchise, technological advancements, and new market initiatives. The stock repurchase program reflects confidence in the company's valuation and future prospects.

Cineverse Corp plans profit boost with Terrifier 3 release

Cineverse Corp aims for sustainable cash flow positivity in FY 2025.
Focus on boosting profits with upcoming theatrical release and new technologies.
Addressing revenue decline through direct sales and content monetization strategies.
Confidence in revenue growth despite current timing-related challenges.

Cineverse Corp (CNVS) excels in Q2 2025, poised for growth

Cineverse Corp (CNVS) reported strong Q2 2025 results, driven by the success of Terrifier 3 and growth in streaming and digital revenue.
The company's focus on technology, content expansion, and strategic initiatives sets the stage for sustained profitability and future growth.
While challenges exist in maintaining growth and balancing investments, Cineverse's competitive strengths and market opportunities bode well for its future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cineverse Corp. is a global streaming technology and entertainment company. It owns and operates streaming channels, all powered by its advanced, proprietary technology platform. The firm currently features enthusiast brands for subscription video on demand, advertising-based video on demand, and free, ad-supported streaming television channels. It entertains consumers around the globe by providing premium feature films and television series, enthusiast streaming channels, and technology services to some media, retail, and technology companies. The company was founded by A. Dale Mayo on March 31, 2000 and is headquartered in New York, NY.

New Omnichannel Platform Brings Together CTV, FAST, Audio, Digital, Social, and Events reaching more than 82 million enthusiast monthly viewers across more than 1.2 billion devices Top Independent Publisher of Digital Content, Podcasts and CTV/FAST Channels Connects with Fans Across Popular Genres Such as Anime, Family and Horror Terry City, Ad Industry Veteran from Yahoo!, Buzzfeed, Tastemade and Variety, joins Cineverse as SVP and Head of Cineverse 360 LOS ANGELES , Feb. 15, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), today announced the launch of Cineverse 360 (C360), a new ad platform providing brands the ability to connect with enthusiast audiences across an exclusive, omnichannel mix of marketing offerings.

CINEVERSE ANNOUNCES THE LAUNCH OF NEW AD PLATFORM 'CINEVERSE 360'

Cineverse (NASDAQ: CNVS ) stock is down on Thursday following the release of the streaming technology and entertainment company's fiscal Q3 2024 earnings report. CNVS stock is down after the company revealed diluted earnings per share of -22 cents.

Why Is Cineverse (CNVS) Stock Down 32% Today?

Total Revenue of $13.3 Million Total Direct Operating Margin Increased to 59% from 48% Selling, General, and Administrative Expenses Decreased By $2.7 Million, or 30% Adjusted EBITDA of $1.8 Million LOS ANGELES , Feb. 14, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal third quarter ended December 31, 2023 ("Q3 FY 2024").  Q3 FY 2024 Highlights (all comparisons are to the prior year fiscal quarter ended December 31, 2022):  Similar to the reported results for last quarter, the Company's initiatives to reduce operating costs, optimize our streaming channel portfolio and increase margins continued to have a very positive impact on our financial results.

Cineverse Reports Third Quarter Fiscal Year 2024 Results

Cineverse (NASDAQ: CNVS ) stock is rising higher on Thursday after the company announced a new partnership with Alphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) Google Cloud. Cineverse says that this has it using Google Cloud's Vertex AI Search to develop its cineSearch technology.

Why Is Cineverse (CNVS) Stock Up 50% Today?

The cineSearch Service Enhances Content Discovery via an Extensive Catalog of Enriched Metadata to Power a Next-Generation Recommendation System with Unified Search Across All Streaming Platforms LOS ANGELES , Feb. 14, 2024 /PRNewswire/ -- Cineverse Corp . (NASDAQ: CNVS), a global streaming technology and entertainment company, announced today the forthcoming launch of cineSearch.

Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content

Ensures the Streaming Tech and Entertainment Company Will Continue to Be Well-Positioned Financially LOS ANGELES , Feb. 12, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it has expanded its line of credit from East West Bank to $7.5 million. "We are pleased to have closed this expanded credit facility, further strengthening our balance sheet without any equity dilution.

CINEVERSE EXPANDS EXISTING CREDIT LINE WITH EAST WEST BANK TO $7.5 MILLION

New Linear Streaming Channel First Available with Sling Freestream LOS ANGELES , Feb. 8, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today unveiled a new, free ad-supported streaming television (FAST) channel, EntrepreneurTV. The live channel is initially available on Sling Freestream, with additional distribution coming soon.

Cineverse Debuts EntrepreneurTV FAST Channel

LOS ANGELES , Feb. 7, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced it will release its financial results for the third quarter of its fiscal year 2024 ended December 31, 2023, after market close on Wednesday, February 14, 2024. Cineverse will host a conference call discussing these results at 4:30 p.m.

Cineverse to Report Third Quarter Fiscal 2024 Financial Results on Wednesday, February 14, 2024

50 Years of Iconic Shows Available as a VOD Offering on The Roku Channel, Cineverse, Dove Channel and Midnight Pulp LOS ANGELES , Feb. 5, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the debut of the Sid & Marty Krofft Channel. The Kroffts' iconic shows can now be found as branded video-on-demand (VOD) channels on select company-owned-and-operated streaming services, including Midnight Pulp ( www.midnightpulp.com ), Dove Channel ( www.dovechannel.com ) and Cineverse ( www.cineverse.com ).

Cineverse Premieres Sid & Marty Krofft Channel

Every Episode of Iconic Series Now Available as a FAST Channel on Amazon Freevee LOS ANGELES , Jan. 12, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that its newest free, ad-supported streaming television (FAST) channel – Dog Whisperer with Cesar Millan  – has launched on Amazon Freevee . This is the ninth channel from Cineverse's portfolio to launch on Amazon Freevee, joining The Bob Ross Channel, Comedy Dynamics, Dove Channel, Midnight Pulp, Nacelle Pop, Real Madrid TV, RetroCrush and SCREAMBOX TV.

Cineverse Debuts New FAST Channel: Dog Whisperer with Cesar Millan

The Media and Entertainment Strategist Further Bolsters the Streaming and Technology Company's Push Into New and Emerging Tech. LOS ANGELES , Dec. 19, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS ), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that media and entertainment strategist Mary Ann Halford has been appointed to its Board of Directors.

Mary Ann Halford Appointed to Cineverse Board of Directors

LOS ANGELES , Nov. 22, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, announced today that the Company has signed a new agreement with leading digital content studio, Little Dot Studios (an All3Media company), to manage and grow a handful of their owned & operated OTT channels. In this new deal, Fandor (a classic film lovers subscription service); RetroCrush (a fan favorite anime channel) and Midnight Pulp (retro cult movie Fan channel) will now be exclusively marketed and managed on YouTube by Little Dot Studios.

Cineverse Inks Global Commercial YouTube Channel Agreement with Little Dot Studios

Cineverse Corp. (NASDAQ:CNVS ) Q2 2024 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary & Senior Advisor Chris McGurk - Chairman and Chief Executive Officer Mark Lindsey - Chief Financial Officer Erick Opeka - President and Chief Strategy Officer Tony Huidor - Chief Operating Officer and Chief Technology Officer Yolanda Macias - Chief Content Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Daniel Kurnos - The Benchmark Company Operator Good day, everyone. Welcome to Cineverse's Second Quarter Fiscal 2024 Financial Results Conference Call.

Cineverse Corp. (CNVS) Q2 2024 Earnings Call Transcript

Names Tom Owen Managing Director of Audio and Pacific Obadiah Head of Original Programming – Team Plans to Build upon Horror-Driven Record Month of Ad Revenue and Downloads Company Announces Launch Dates of 'Terrifier 2' Audiobook, eBook and Print Editions Available in February 2024 and Scripted Podcast 'Dead Space: Deep Cover' (with Electronic Arts) in Summer 2024 LOS ANGELES , Nov. 16, 2023 /PRNewswire/ -- Cineverse Corp . (NASDAQ: CNVS), a global streaming technology and entertainment company, announced today plans to expand the company's revenue-generating opportunities in audio and publishing.

Cineverse to Capitalize on Momentum of Bloody Disgusting Horror Brand with Audio Expansion and Formation of New Publishing Imprint, Bloody Press

Total Revenue of $13.0 Million Total Direct Operating Margin Increased to 64% from 42% Recurring Direct Operating Margin Increased to 56% from 30% Operating Expenses Decreased by $6.3 Million, or 34% Adjusted EBITDA Increased by $3.7 Million, or 283%, to $2.4 Million LOS ANGELES , Nov. 14, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal second quarter ended September 30, 2023 ("Q2 FY 2024").  Q2 FY 2024 Highlights (all comparisons are to the prior year fiscal quarter ended September 30, 2022):  During the Quarter, the Company's initiatives to reduce operating costs, optimize our streaming channel portfolio and increase margins had a very positive impact on our financial results.

Cineverse Reports Second Quarter Fiscal Year 2024 Results

LOS ANGELES, Nov. 8, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today released the following statement by Chairman and CEO Chris McGurk. To Our Valued Stakeholders, Today marks a significant milestone in the journey of Cineverse as we announce a groundbreaking partnership with Amagi, the global SaaS leader in cloud-based linear playback technology for broadcast and connected TV.

Chairman's Letter to Cineverse Shareholders Details Amagi Partnership, Timeline For Updated B2B Technology Offerings

Companies Form Commercial Partnership to bundle Amagi's Leading FAST Platform with Cineverse's Matchpoint Suite & content services LOS ANGELES , Nov. 8, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ:  CNVS ), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, and Amagi – the global leader in cloud-based SaaS technology for broadcast and connected TV – have teamed up to jointly offer an end-to-end FAST kit for Video Service Providers (VSP) encompassing monetization services, content acquisition and curation services, and a technology backend powered by Amagi's award-winning SaaS solutions for FAST and Cineverse's Matchpoint offerings. The joint FAST solution for VSPs will be offered as a managed service available starting January 2024.

Amagi and Cineverse form Strategic Partnership to Offer end-to-end FAST solutions for Video Service Providers

LOS ANGELES , Nov. 2, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it will release financial results for the fiscal second quarter ended September 30, 2023, after market close on Tuesday, November 14, 2023. Cineverse will host a conference call discussing these results at 4:30 p.m.

Cineverse to Report Second Quarter 2024 Results on Tuesday, November 14, 2023

Streaming Service Comes to Amazon Prime Video Channels, The Roku Channel and Comcast's Xfinity as an Add-on for Fans of Cult and Genre Movies – from Action and Fantasy to Horror, Sci-Fi, Thrillers and More Ahead of Halloween – and the November 21 Exclusive Premiere of MAD CATS – Midnight Pulp's DTC Service is Now Completely Re-launched and Powered by Cineverse's Matchpoint Streaming Technology LOS ANGELES , Oct. 26, 2023 /PRNewswire/ -- Cineverse (NASDAQ: CNVS ), announced today that its Midnight Pulp streaming channel – built for fans of cult and genre movies and TV shows, spanning action, fantasy, horror, sci-fi, thrillers and more – is now available through third-party platforms. For the first time, a Midnight Pulp subscription can be accessed directly through Amazon Prime Video Channels, The Roku Channel and by Comcast's Xfinity customers throughout the U.S. The company also announced that the exclusive North American streaming premiere of festival favorite, MAD CATS will come to Midnight Pulp on November 21.

Cineverse's Midnight Pulp Streaming Service Now Available for the First Time as an SVOD Add-On for Third-Party Platforms

LOS ANGELES , Oct. 19, 2023 /PRNewswire/ -- C ineverse (NASDAQ: CNVS) announced today that the Company has acquired all North American rights to Junta Yamaguchi's time loop comedy River following its Fantastic Fest showing in Austin, TX. The Company plans to release the film on its streaming service AsianCrush in early 2024.

Cineverse Acquires Compelling Time Loop Comedy 'River' Following Fantastic Fest; Set for Fall Release on AsianCrush

Bloody Disgusting apparel will appear exclusively in all 680+ retail stores nationwide and on Spencer's.com The collection celebrates some of the most iconic faces in horror together for the first time. LOS ANGELES , Oct. 11, 2023 /PRNewswire/ -- Cineverse (NASDAQ: CNVS) revealed today that its horror brand, Bloody Disgusting, has launched an exclusive partnership with the malls most iconic retail powerhouse Spencer's, reaching over 680 stores nationwide.

Bloody Disgusting x Spencer's Horror-Themed Collab Collection Drops Just in Time for Halloween

LOS ANGELES , Oct. 5, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, has partnered with Vionlabs, a leading provider of AI video metadata solutions. This partnership allows Cineverse to leverage Vionlabs advanced AI technology to enable next-generation search capabilities on the company's flagship Cineverse streaming platform and to serve as a key metadata provider for an upcoming advanced search product.

Cineverse Partners with Vionlabs to Enable Next-Generation Search via Cognitive AI

LOS ANGELES , Sept. 28, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that as part of the upcoming "Dog Whisperer" launch will be unveiling a new logo and branding refresh.

Cineverse to Refresh 'Dog Whisperer Channel' with New Logo and Branding

LOS ANGELES , Sept. 25, 2023 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced the nomination of Tony Huidor and Cineverse Team for DEG's Entech Award's Technology Innovation Award for their development and implementation of the Matchpoint technology product suite – an innovative, complete OTT solution that allows content providers and enterprises to launch and grow their streaming services all in one place.

Cineverse Nominated for DEG's EnTech Awards in the Technology Innovation Category

Integration into Matchpoint Insights will Allow Cineverse to Automate Processing of Content Partner Payments to Over 1,700 Licensors Across FAST, AVOD, SVOD, and TVOD LOS ANGELES , Sept. 21, 2023 /PRNewswire/ -- Cineverse Corp.

Cineverse Reaches Agreement to Integrate Whip Media's Content Partner Payments Platform for FAST, AVOD, SVOD and EST into Matchpoint Insights to Streamline Royalty Reporting

News for Cineverse Corp Stock (CNVS)