Gaia Reports First Quarter 2025 Results
Gaia (NASDAQ: GAIA) reported its Q1 2025 financial results, marking its fifth consecutive quarter of double-digit revenue growth. Revenue increased 12% year-over-year to $23.8 million, with total members growing 3% to 867,000. Gross profit rose 15% to $20.9 million, with margins expanding to 87.8%. The company reported a net loss of $(1.0) million, or $(0.04) per share, improving from $(0.05) per share in Q1 2024.
The company generated positive operating cash flow of $1.3 million and free cash flow of $0.7 million. In February, Gaia completed a common stock offering raising approximately $7.0 million in net proceeds, which will be used to enhance AI capabilities and develop the Gaia Community project. The company maintained a strong financial position with $13.1 million in cash and a fully available $10 million credit line.
Gaia (NASDAQ: GAIA) ha annunciato i risultati finanziari del primo trimestre 2025, segnando il quinto trimestre consecutivo di crescita a doppia cifra dei ricavi. I ricavi sono aumentati del 12% su base annua, raggiungendo 23,8 milioni di dollari, con un incremento del 3% del numero totale di membri, arrivato a 867.000. Il profitto lordo è salito del 15% a 20,9 milioni di dollari, con un'espansione dei margini all'87,8%. L'azienda ha registrato una perdita netta di 1,0 milioni di dollari, o 0,04 dollari per azione, migliorando rispetto ai 0,05 dollari per azione del primo trimestre 2024.
L'azienda ha generato un flusso di cassa operativo positivo di 1,3 milioni di dollari e un flusso di cassa libero di 0,7 milioni di dollari. A febbraio, Gaia ha completato un'offerta di azioni ordinarie raccogliendo circa 7,0 milioni di dollari netti, che saranno utilizzati per potenziare le capacità di intelligenza artificiale e sviluppare il progetto Gaia Community. La società ha mantenuto una solida posizione finanziaria con 13,1 milioni di dollari in contanti e una linea di credito completamente disponibile da 10 milioni di dollari.
Gaia (NASDAQ: GAIA) informó sus resultados financieros del primer trimestre de 2025, marcando su quinto trimestre consecutivo de crecimiento de ingresos de dos dígitos. Los ingresos aumentaron un 12% interanual hasta 23,8 millones de dólares, con un crecimiento del 3% en el total de miembros, alcanzando los 867,000. El beneficio bruto subió un 15% hasta 20,9 millones de dólares, con márgenes que se expandieron al 87,8%. La compañía reportó una pérdida neta de 1,0 millones de dólares, o 0,04 dólares por acción, mejorando desde 0,05 dólares por acción en el primer trimestre de 2024.
La empresa generó un flujo de caja operativo positivo de 1,3 millones de dólares y un flujo de caja libre de 0,7 millones de dólares. En febrero, Gaia completó una oferta de acciones comunes recaudando aproximadamente 7,0 millones de dólares netos, que se utilizarán para mejorar las capacidades de IA y desarrollar el proyecto Gaia Community. La compañía mantuvo una posición financiera sólida con 13,1 millones de dólares en efectivo y una línea de crédito disponible de 10 millones de dólares.
Gaia (NASDAQ: GAIA)는 2025년 1분기 재무 실적을 발표하며 5분기 연속 두 자릿수 매출 성장세를 이어갔습니다. 매출은 전년 대비 12% 증가한 2,380만 달러를 기록했으며, 총 회원 수는 3% 증가한 867,000명이 되었습니다. 총이익은 15% 증가한 2,090만 달러로, 마진은 87.8%로 확대되었습니다. 회사는 순손실 100만 달러, 주당 손실 0.04달러를 보고했으며, 이는 2024년 1분기 주당 손실 0.05달러에서 개선된 수치입니다.
회사는 130만 달러의 긍정적인 영업 현금 흐름과 70만 달러의 자유 현금 흐름을 창출했습니다. 2월에 Gaia는 보통주 공모를 완료하여 약 700만 달러의 순수익을 조달했으며, 이 자금은 AI 역량 강화와 Gaia 커뮤니티 프로젝트 개발에 사용될 예정입니다. 회사는 1,310만 달러의 현금과 완전히 사용 가능한 1,000만 달러의 신용 한도를 유지하며 강력한 재무 상태를 유지하고 있습니다.
Gaia (NASDAQ : GAIA) a publié ses résultats financiers du premier trimestre 2025, marquant son cinquième trimestre consécutif de croissance à deux chiffres du chiffre d'affaires. Le chiffre d'affaires a augmenté de 12 % en glissement annuel pour atteindre 23,8 millions de dollars, avec une croissance de 3 % du nombre total de membres, atteignant 867 000. Le bénéfice brut a progressé de 15 % pour atteindre 20,9 millions de dollars, avec une marge en hausse à 87,8 %. La société a enregistré une perte nette de 1,0 million de dollars, soit 0,04 dollar par action, une amélioration par rapport à 0,05 dollar par action au premier trimestre 2024.
La société a généré un flux de trésorerie d'exploitation positif de 1,3 million de dollars et un flux de trésorerie disponible de 0,7 million de dollars. En février, Gaia a réalisé une émission d'actions ordinaires, levant environ 7,0 millions de dollars nets, qui seront utilisés pour renforcer les capacités d'IA et développer le projet Gaia Community. La société a maintenu une position financière solide avec 13,1 millions de dollars en liquidités et une ligne de crédit entièrement disponible de 10 millions de dollars.
Gaia (NASDAQ: GAIA) hat seine Finanzergebnisse für das erste Quartal 2025 veröffentlicht und damit das fünfte Quartal in Folge mit zweistelligem Umsatzwachstum verzeichnet. Der Umsatz stieg im Jahresvergleich um 12 % auf 23,8 Millionen US-Dollar, wobei die Gesamtzahl der Mitglieder um 3 % auf 867.000 zunahm. Der Bruttogewinn stieg um 15 % auf 20,9 Millionen US-Dollar, mit einer Margenausweitung auf 87,8 %. Das Unternehmen meldete einen Nettoverlust von 1,0 Millionen US-Dollar bzw. 0,04 US-Dollar pro Aktie, was eine Verbesserung gegenüber 0,05 US-Dollar pro Aktie im ersten Quartal 2024 darstellt.
Das Unternehmen generierte einen positiven operativen Cashflow von 1,3 Millionen US-Dollar und einen freien Cashflow von 0,7 Millionen US-Dollar. Im Februar schloss Gaia eine Aktienemission ab und erzielte dabei Nettoerlöse von etwa 7,0 Millionen US-Dollar, die zur Verbesserung der KI-Fähigkeiten und zur Entwicklung des Gaia Community-Projekts verwendet werden sollen. Das Unternehmen behielt eine starke Finanzlage mit 13,1 Millionen US-Dollar an Bargeld und einer voll verfügbaren Kreditlinie von 10 Millionen US-Dollar bei.
- 12% year-over-year revenue growth to $23.8 million
- 15% increase in gross profit with margin expansion to 87.8%
- 20% improvement in EPS from $(0.05) to $(0.04)
- Positive operating cash flow of $1.3 million and free cash flow of $0.7 million
- 3% growth in member base to 867,000
- Successfully raised $7.0 million through stock offering for AI development
- Continued net loss of $(1.0) million in Q1 2025
- Potential dilution from recent stock offering
- Slower member growth (3%) compared to revenue growth (12%)
Insights
Gaia delivers solid Q1 with 12% revenue growth, improving margins, and positive cash flow despite remaining slightly unprofitable.
Gaia's Q1 results demonstrate continued momentum in their subscription business with a 12% year-over-year revenue increase to
While Gaia still posted a net loss of
The pricing adjustments implemented last year appear to be working, driving both member count growth (
Particularly impressive is Gaia's positive cash flow generation, with
The company's balance sheet strengthened with
Gaia's consistent operational execution, improving margins, and strategic investments in technology position them well for continued growth, though the company will need to demonstrate a path to profitability to fully win investor confidence.
BOULDER, Colo., May 12, 2025 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the first quarter and ended March 31, 2025.
Highlights:
- Fifth consecutive quarter of double digit increases in revenue (
12% year over-year-growth in Q1) - Gross profit increased
15% and EPS improved20% year over year - Continued positive operating and free cash flow generation
"As planned, we continued to deliver on positive free cash flow and double-digit growth for the quarter," said Jirka Rysavy, Gaia's Chairman. "Additionally, the pricing adjustments implemented last year are continuing to perform in line with expectations, supporting both revenue growth and long-term member value."
James Colquhoun, Gaia's CEO, commented: "We are pleased to see the momentum from 2024 carrying into Q1, with strong revenue growth and improvements in profitability. With continued investment in AI and our global community platform, we're laying the foundation for the next evolution of Gaia--one that is more personalized, connected, and expansive."
Gaia CFO Ned Preston stated: “In the first quarter, we delivered
First Quarter 2025 Financial Results
Revenue increased
Gross profit increased
Net loss was
Operating cash flow was
Cash balance was at
Conference Call
Date: Monday, May 12, 2025
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-877-269-7751
International dial-in number: 1-201-389-0908
Conference ID: 13752722
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at (949) 574-3860.
The conference call will be broadcast live and available for replay here and via ir.gaia.com.
A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through May 26, 2025.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13752722
About Gaia
Gaia is a member-supported global video streaming service and community that produces and curates conscious media through four primary channels—Seeking Truth, Transformation, Alternative Healing and Yoga—in four languages (English, Spanish, French and German) to its members in 185 countries. Gaia’s library includes over 10,000 titles, over
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact are forward looking statements that involve risks and uncertainties. When used in this discussion, we intend the words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “future,” “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “strive,” “target,” “will,” “would” and similar expressions as they relate to us to identify such forward-looking statements. Our actual results could differ materially from the results anticipated in these forward-looking statements as a result of certain factors set forth under “Risk Factors” and elsewhere in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2024. Risks and uncertainties that could cause actual results to differ include, without limitation: our ability to attract new members and retain existing members; our ability to compete effectively, including for customer engagement with different modes of entertainment; maintenance and expansion of device platforms for streaming; fluctuation in customer usage of our service; fluctuations in quarterly operating results; service disruptions; production risks; general economic conditions; future losses; loss of key personnel; price changes; brand reputation; acquisitions; new initiatives we undertake; security and information systems; legal liability for website content; failure of third parties to provide adequate service; future internet-related taxes; our founder’s control of us; litigation; consumer trends; the effect of government regulation and programs; the impact of public health threats; and other risks and uncertainties included in our filings with the Securities and Exchange Commission. We caution you that no forward-looking statement is a guarantee of future performance, and you should not place undue reliance on these forward-looking statements which reflect our views only as of the date of this press release. We undertake no obligation to update any forward-looking information.
Non-GAAP Measures
In addition to disclosing financial results calculated in accordance with generally accepted accounting principles in the United States of America (GAAP), the financial information included in this release contains non-GAAP financial measures, including Free Cash Flow. These non-GAAP measures should not be considered a substitute for, or superior to, financial measures and results calculated in accordance with GAAP, including net income, and reconciliations to GAAP financial statements should be carefully evaluated. Free Cash Flow represents net cash provided by operating activities plus cash paid for interest payments, less cash used in investing activities, plus cash from non-core business activities. We believe Free Cash Flow is also useful as one of the bases for comparing the Gaia’s performance with its competitors. Although Free Cash Flow and similar measures are frequently used as measures of cash flows generated from operations by other companies, Gaia’s calculation of Free Cash Flow might not necessarily be comparable to such other similarly titled captions of other companies. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting and analyzing future periods.
Company Contact:
Ned Preston
Chief Financial Officer
Gaia, Inc.
Investors@gaia.com
Investor Relations:
Gateway Group, Inc.
Cody Slach
(949) 574-3860
GAIA@gateway-grp.com
GAIA, INC.
Condensed Consolidated Balance Sheets
| March 31, | December 31, | |||||||
| (in thousands, except share and per share data) | 2025 | 2024 | ||||||
| (unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 13,090 | $ | 5,860 | ||||
| Accounts receivable | 5,631 | 5,560 | ||||||
| Other receivables | 1,810 | 1,809 | ||||||
| Prepaid expenses and other current assets | 3,626 | 2,513 | ||||||
| Total current assets | 24,157 | 15,742 | ||||||
| Media library, net | 38,927 | 38,987 | ||||||
| Operating right-of-use asset, net | 5,241 | 5,454 | ||||||
| Property and equipment, net | 26,371 | 26,883 | ||||||
| Technology license, net | 15,348 | 15,550 | ||||||
| Investments and other assets, net | 6,516 | 6,658 | ||||||
| Goodwill | 31,943 | 31,943 | ||||||
| Total assets | $ | 148,503 | $ | 141,217 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 12,315 | $ | 12,435 | ||||
| Accrued and other liabilities | 2,899 | 3,491 | ||||||
| Long-term debt, current portion | 5,760 | 5,801 | ||||||
| Operating lease liability, current portion | 854 | 839 | ||||||
| Deferred revenue | 21,384 | 19,268 | ||||||
| Total current liabilities | 43,212 | 41,834 | ||||||
| Operating lease liability, net of current portion | 4,649 | 4,869 | ||||||
| Deferred taxes, net | 517 | 501 | ||||||
| Total liabilities | 48,378 | 47,204 | ||||||
| Shareholder's equity: | ||||||||
| Class A common stock, | 2 | 2 | ||||||
| Class B common stock, | 1 | 1 | ||||||
| Additional paid-in capital | 178,431 | 171,100 | ||||||
| Accumulated deficit | (91,442 | ) | (90,428 | ) | ||||
| Total Gaia, Inc. shareholders’ equity | 86,992 | 80,675 | ||||||
| Noncontrolling interests | 13,133 | 13,338 | ||||||
| Total equity | 100,125 | 94,013 | ||||||
| Total liabilities and equity | $ | 148,503 | $ | 141,217 | ||||
GAIA, INC.
Condensed Consolidated Statements of Operations (unaudited)
| For the Three Months Ended March 31, | ||||||||
| (in thousands, except per share data) | 2025 | 2024 | ||||||
| Revenues, net | $ | 23,840 | $ | 21,314 | ||||
| Cost of revenues | 2,935 | 3,132 | ||||||
| Gross profit | 20,905 | 18,182 | ||||||
| Operating Expenses: | ||||||||
| Selling and operating | 20,022 | 17,407 | ||||||
| Corporate, general and administration | 1,897 | 1,629 | ||||||
| Total operating expenses | 21,919 | 19,036 | ||||||
| Loss from operations | (1,014 | ) | (854 | ) | ||||
| Interest and other income (expense), net | (136 | ) | (108 | ) | ||||
| Loss before income taxes | (1,150 | ) | (962 | ) | ||||
| Income tax (benefit) expense | 48 | — | ||||||
| Loss from continuing operations | (1,198 | ) | (962 | ) | ||||
| Income from discontinued operations | (21 | ) | (9 | ) | ||||
| Net loss | $ | (1,219 | ) | $ | (971 | ) | ||
| Net (loss) income attributable to noncontrolling interests | $ | (205 | ) | $ | 74 | |||
| Net loss attributable to common shareholders | $ | (1,014 | ) | $ | (1,045 | ) | ||
| Loss per share: | ||||||||
| Basic | ||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.04 | ) | $ | (0.05 | ) | ||
| Discontinued operations | $ | - | $ | - | ||||
| Basic loss per share | $ | (0.04 | ) | $ | (0.05 | ) | ||
| Diluted | ||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.04 | ) | $ | (0.05 | ) | ||
| Discontinued operations | $ | - | $ | - | ||||
| Diluted loss per share | $ | (0.04 | ) | $ | (0.05 | ) | ||
Condensed Consolidated Statement of Cash Flows (unaudited)
| For the Three Months Ended March 31, | ||||||||
| (in thousands) | 2025 | 2024 | ||||||
| Net cash provided by (used in): | ||||||||
| Net cash (used in) provided by operating activities | $ | 1,298 | $ | 5,936 | ||||
| Net cash used in investing activities | (1,030 | ) | (1,073 | ) | ||||
| Net cash provided by (used in) financing activities | 6,962 | (30 | ) | |||||
| Net change in cash, cash equivalents, and restricted cash | $ | 7,230 | $ | 4,833 | ||||
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (unaudited)
| For the Three Months Ended March 31, | ||||||||
| (in thousands) | 2025 | 2024 | ||||||
| Net cash (used in) provided by operating activities | $ | 1,298 | $ | 5,936 | ||||
| Cash paid for interest | 137 | 108 | ||||||
| Net cash used in investing activities | (1,030 | ) | (1,073 | ) | ||||
| Change in cash from non-core business activities | 291 | (3,996 | ) | |||||
| Free cash flow | $ | 696 | $ | 975 | ||||
FAQ
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