PodcastOne (PODC) Q2 2025 earnings summary

Executive summary

• Q2 Fiscal 2025 revenue grew 16% year-over-year to $12.2 million, driven by platform expansion, new revenue streams, and podcast sales.

• Net loss narrowed significantly to $1.7 million ($0.07/share) from $10.9 million ($0.52/share) year-over-year, reflecting the absence of a prior non-cash charge.

• Platform hosts 189 shows, with 48 added year-to-date and six in the quarter, reaching over 16.2 million global downloads and streams as of September 2024.

• Strategic hires and leadership additions, including Jim Lally and Steve Lehman, aim to accelerate growth, M&A, and business development.

• Ranked 12th in Podtrac's Top Publishers for September 2024, with 5.4 million unique U.S. listeners.

Financial highlights

• Revenue for Q2 2025: $12.2 million, up 16% from $10.5 million year-over-year.

• Net loss: $1.7 million ($0.07/share), improved from $10.9 million ($0.52/share) year-over-year.

• Adjusted EBITDA: negative $0.4 million, compared to $0.1 million positive year-over-year, impacted by timing of content acquisition costs.

• Contribution margin for Q2 was $1.0 million, down from $1.5 million in Q2 last year.

• Ended quarter with no debt and $1.4 million in cash and equivalents.

Outlook and guidance

• Fiscal 2025 revenue expected to exceed $51 million, at least 17% growth over fiscal 2024.

• Positive Adjusted EBITDA projected for full fiscal year 2025.

• Guidance above $51 million depends on closing several large deals and potential acquisitions.