Gaia Inc Stock Price, News & Analysis

Gaia, a conscious media company listed on NASDAQ under GAIA, will present at the Lytham Partners Spring 2021 Investor Conference from March 30 to April 1, 2021. The presentation is set for April 1 at 3:30 p.m. Eastern time, with virtual one-on-one meetings available throughout the event. Investors can watch the presentation live and access a replay through Gaia's investor relations page. Gaia offers a global video streaming service with over 8,000 exclusive titles across four channels: Seeking Truth, Transformation, Alternative Healing, and Yoga.

Gaia, Inc. (NASDAQ: GAIA) reported a strong financial performance for Q4 and the full year 2020, with revenues rising 27% to $18.6 million compared to Q4 2019. The company added 129,000 members, closing the year with 728,000 paying members. Net income improved to $0.3 million or $0.02 per share, reversing a loss from the previous year. Operating expenses decreased significantly, now 84% of revenues. Overall, 2020 revenues increased 24% to $66.8 million, with cash generated from operations reaching $11.7 million.

Gaia, Inc. (NASDAQ: GAIA) will hold a conference call on March 1, 2021, at 4:30 p.m. ET to discuss its fourth-quarter and full-year financial results for 2020. The company will release its financial results prior to the call. Participants can join via a toll-free number or an international dial-in number. A recording of the call will be available for replay until March 15, 2021. Gaia provides curated conscious media through a global streaming service with around 8,000 titles available in 185 countries, mostly exclusive to the platform.

Gaia, Inc. (NASDAQ: GAIA) reported a strong performance for Q3 2020, with revenues up by 28% to $17.5 million compared to $13.7 million a year earlier. The company achieved positive earnings, posting a net income of $6.3 million or $0.33 per share, boosted by a $6.1 million gain on asset sales. Excluding this gain, net income rose substantially from a $4.1 million loss in the prior year. Growing member base and reduced operating expenses to $14.9 million contributed to improved cash flow, totaling $7.2 million in operations for the first nine months.

Gaia, Inc. (NASDAQ: GAIA) will host a conference call on November 9, 2020, at 4:30 p.m. ET to discuss its Q3 2020 financial results. The call will take place following a press release detailing the financial performance. Interested participants can use the toll-free number 1-866-548-4713 or the international number 1-323-794-2093 to join. A replay will be available post-call until November 23, 2020. Gaia offers a video streaming service focusing on conscious media, with over 8,000 titles available in 185 countries, 85% of which are exclusive to the platform.

Gaia, Inc. (NASDAQ: GAIA) has sold 50% of its office space for $13 million, reducing its debt from $17 million to $4 million. The transaction resulted in a book gain of approximately $6 million. Gaia maintains ownership of its studio and production facilities, ensuring neutral operating expenses moving forward. The company also reported positive earnings and cash flows for July and August, anticipating 30,000 net member additions in Q3. Gaia plans to release its Q3 earnings on November 9, 2020.

Gaia, Inc. (NASDAQ: GAIA) reported significant financial improvements for Q2 2020, with revenues rising 23% to $16.2 million compared to $13.2 million last year. The company achieved $1.9 million in Adjusted EBITDA and a net loss of $2.5 million, improved from $4.5 million in the previous year. Paying members increased to 663,400, with a net addition of 58,300 members during the quarter. Operating expenses rose by 4% to $16.3 million, largely due to a one-time share-based expense. Gaia aims for positive net income and cash flow in Q3 2020.

Gaia, Inc. (NASDAQ: GAIA) will hold a conference call on August 3, 2020, at 4:30 p.m. Eastern time to discuss its Q2 2020 financial results. The company aims to engage investors by providing insights into its performance. Investors can join the call via a toll-free number and will have an opportunity to ask questions following the presentation. The call will also be available for replay until August 17, 2020. Gaia offers a global streaming service with exclusive content across various genres, catering to a wide audience with approximately 8,000 titles.

Gaia, Inc. (NASDAQ: GAIA) announced a business update following the easing of COVID-19 restrictions. The company reported a member milestone that positions it for positive earnings and cash flows starting July 1. Expectations indicate approximately 655,000 paying members by June 30, marking a net increase of 50,000 this quarter. Gaia has successfully renewed contracts with its third-party distribution partners, enhancing revenue visibility.

CEO Paul Tarell emphasized sustained member growth during the relaxation of stay-at-home orders, reinforcing confidence in achieving planned outcomes.