Cineverse Corp.CNVS

NasdaqMedia & TelecomServices-Video Tape Rental
Price (close)
$2.02
Market cap
$41.8M
P/E
—
Revenue (TTM)
$85.2M
Net income
-$10.8M
Dividend yield
—
1-year total return
-40.2%
Net margin
-12.7%
Revenue growth
6.3%
Debt / equity
—

What Cineverse Corp. does.

Cineverse Corp. (“Cineverse”, “us”, “our”, "we", and “Company” refers to Cineverse Corp. and its subsidiaries unless the context otherwise requires) was incorporated in Delaware on March 31, 2000.

The Company has a long legacy in using technology to transform the entertainment industry and played a pioneering role in transitioning movie screens from traditional analog film prints to digital distribution. In recent years, Cineverse has transformed itself into a leading technology and independent streaming company.

Cineverse is a premier technology and entertainment company with its core streaming business operating as (i) a portfolio of owned and operated streaming channels with enthusiast fan bases; (ii) a large-scale global aggregator and full-service distributor of feature films and television programs; and (iii) a proprietary technology software-as-a-service platform for over-the-top (“OTT”) app development and content distribution through subscription video-on-demand ("SVOD"), dedicated ad-supported ("AVOD"), ad-supported streaming linear ("FAST") channels, social video streaming services, and audio podcasts. Our streaming channels reach audiences in several distinct ways: direct-to-consumer, through these major application platforms, and through third-party distributors of content on platforms.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$31.4M$56.1M$68.0M$49.1M$78.2M$65.7M
Net income-$62.9M$2.3M-$9.7M-$21.3M$3.8M-$8.7M
Free cash flow-$26.5M$4.6M-$10.1M-$11.7M——

More on CNVS.

Figures from Cineverse Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.