PodcastOne, Inc.PODC

NasdaqTechnologyServices-Computer Programming, Data Processing, Etc.
Price (close)
$2.25
Market cap
$68.1M
P/E
—
Revenue (TTM)
$62.8M
Net income
-$3.1M
Dividend yield
—
1-year total return
24.3%
Net margin
-5.0%
Revenue growth
16.4%
Debt / equity
—

What PodcastOne, Inc. does.

PodcastOne, Inc. (the “Company,” “PodcastOne,” “we,” “us” or “our”) is a leading podcast platform and publisher that makes its content available to audiences via all podcasting distribution platforms, including PodcastOne’s website (www.podcastone.com), Apple Podcasts, Spotify, Amazon Music and more. We are a majority owned subsidiary of LiveOne, Inc., a Delaware corporation and a Nasdaq-listed company (“LiveOne”). We have recently been ranked as high as #8 on the list of Top Podcast Publishers by the podcast metric company Podtrac.

On September 8, 2023, we completed our spin-out from LiveOne and our direct listing on The Nasdaq Capital Market (the “Spin-Out”) and our shares of common stock began trading on the Nasdaq under the symbol of “PODC”. On September 21, 2023, we changed our corporate name to “PodcastOne, Inc.” After the completion of the Spin-Out, we became a standalone publicly traded company trading on The Nasdaq Capital Market. We remain a majority owned subsidiary of LiveOne.

We produce vodcasts (video podcasts), branded podcasts, merchandise and live events on behalf of our talent and clients. With a proven 360-degree advertiser solution for multiplatform integration opportunities and hyper-targeting, we deliver millions of monthly impressions, 5.8+ million monthly unique listeners and 19.5+ million IAB monthly downloads. With content covering all verticals (i.e. sports, entertainment, true-crime, business, audio dramas, self-growth, etc.), we provide a platform for brands to reach their most sought after targeted audiences. We intend to continue to acquire multiple assets over time and across a broad spectrum of podcast related media and companies. We intend to develop these assets to provide returns via organic growth, revenue production, out-licensing, sale or spin out.

Revenue and profit, by fiscal year.

Fiscal year20222023202420252026
Revenue—$34.6M$43.3M$52.1M$61.7M
Net income—-$7.0M-$14.7M-$6.5M-$2.6M
Free cash flow—-$4.9M$1.9M-$366,000$2.4M

More on PODC.

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