Loading...
01/10 19:55
Loading...
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
The earnings call reveals strong financial performance, including record free cash flow, improved gross margins, and a significant increase in adjusted EBITDA. Despite an EPS miss, optimistic guidance and strategic partnerships suggest a positive outlook. The dividend increase and share repurchase program further boost investor sentiment. While competitive and regulatory risks exist, the company's focus on cost containment and revenue diversification through licensing and subscriptions are promising. Given these factors, the stock is likely to see a positive movement, potentially between 2% to 8%.
Earnings Per Share (EPS) Reported EPS is $-0.05, compared to expectations of $-0.02.
Cash Flow Year-over-year cash flow increase of about $26 million; from a loss of $16 million in 2023 to a gain of $10 million in 2024.
Adjusted Free Cash Flow (Q4) Adjusted free cash flow of $3.3 million, an improvement of $5.7 million from the prior year.
Adjusted Free Cash Flow (Full Year) Adjusted free cash flow for the full year was $9.5 million, an improvement of $25.5 million from 2023.
Total Revenue (Q4) Fourth quarter revenue was $14.1 million, compared to $14.8 million in the prior-year quarter.
Total Revenue (Full Year) Total revenue for the full year was $51.1 million, lower than the previous year due to fewer non-cash transactions.
Gross Margin (Q4) Gross margin of 52%, increased from 45% a year ago, driven by cost control efforts.
Gross Margin Excluding Content Amortization (Q4) Gross margin excluding content amortization was 85%, compared to 80% a year ago.
Operating Expenses (Full Year) Combined expenses for advertising and marketing plus G&A were down $7.7 million or 17% compared to 2023.
Adjusted EBITDA (Q4) Adjusted EBITDA improved by $1.5 million or 43% compared with the prior year.
Adjusted EBITDA (Full Year) Adjusted EBITDA improved by $14.1 million, or 70%.
Dividends Paid (Full Year) Total dividends paid for the year were $4.1 million.
Cash and Securities (End of Year) Total cash and securities of $39.7 million and no outstanding debt.
New Original Series: Premiered original series such as 'Science for Evil Geniuses' and 'Searching for Satoshi'.
Content Volume Increase: Delivered and licensed over 8 million minutes of video and audio.
Global Subscriber Base Expansion: Subscribers in 176 different countries, planning to add 20 to 30 new currency opportunities.
Cash Flow Improvement: Achieved $3.3 million in adjusted free cash flow, highest in company history.
Cost Reduction: Combined expenses for advertising and marketing plus G&A down $7.7 million or 17%.
Gross Margin Increase: Fourth quarter gross margin increased to 52% from 45% year-over-year.
Dividend Increase: Increased dividend from $0.10 to $0.16 per share for 2025.
Focus on AI and Localization: Utilizing AI for cost reductions and increasing localization of content.
Earnings Expectations: CuriosityStream Inc. missed earnings expectations with a reported EPS of $-0.05, compared to expectations of $-0.02.
Competitive Pressures: The company is operating in an environment of increasing competition, particularly in the content and AI sectors.
Regulatory Issues: The call referenced the need to comply with federal securities laws regarding forward-looking statements, indicating potential regulatory scrutiny.
Supply Chain Challenges: The company faces challenges related to content delivery and licensing agreements, which are critical for revenue generation.
Economic Factors: The overall economic environment may impact advertising and licensing revenue, which are variable revenue streams for the company.
Content Amortization: Earnings are negatively impacted by content amortization, a non-cash expense that could affect financial performance.
Cash Flow Management: While the company reported improved cash flow, the previous loss of $16 million in 2023 highlights ongoing financial risks.
Cash Flow Improvement: Achieved a year-over-year cash flow increase of about $26 million in 2024, with adjusted free cash flow at $3.3 million in Q4.
Content Licensing: Delivered and licensed over 8 million minutes of video and audio, with plans for more, enhancing revenue opportunities.
Cost Rationalization: Executed cost rationalization strategies leading to significantly lower operational costs compared to recurring revenue.
New Currency Rollouts: Plans to add 20 to 30 new currency opportunities for subscribers in 2025.
Dividend Increase: Increased dividend from $0.10 to $0.16 per share for 2025, reflecting confidence in financial trajectory.
Revenue Guidance: Expecting revenue in Q1 2025 to be between $14.5 million and $15.5 million.
Growth Expectations: Anticipating double-digit growth in both revenue and free cash flow for 2025.
Adjusted Free Cash Flow Guidance: Expecting adjusted free cash flow in Q1 2025 to be between $1 million and $2 million.
Long-term Outlook: Confident in returning to topline growth and continued bottom line growth in 2025.
Dividend Increase: Increased from $0.10 to $0.12 for Q1 2025, subsequently revised to $0.16 for 2025.
Dividend Payment Date: $0.04 per share to be paid on March 28, 2025.
Total Dividends Paid in 2024: Total of $4.1 million paid in dividends for the year.
Share Repurchase Program: 216,000 shares of common stock were bought back during the year.
The earnings call presented strong financial performance, with significant growth in licensing revenue and improved gross margins. Despite a net loss, the company maintains a strong balance sheet with no debt. The Q&A section revealed plans for future growth through strategic hires and new partnerships, addressing concerns about revenue lumpiness. While some responses were vague, overall sentiment was positive with strong revenue growth projections and strategic expansions in AI licensing and subscription services.
The earnings call summary shows strong financial performance with a 53% revenue increase, positive net income, and record adjusted EBITDA. Despite a decline in subscription revenue, new business from AI licensing and cost rationalization improved margins. The Q&A highlighted growth pillars and cost management, with management's confidence reflected in increased dividends. The market may react positively to the strong financial metrics, optimistic guidance, and shareholder returns, leading to a stock price increase.
The earnings call reflects strong financial performance with record revenue growth, positive net income, and improved margins. The company increased its dividend, signaling confidence in financial health. Despite competitive and regulatory challenges, the company has a strong balance sheet with no debt. The Q&A section revealed optimism in AI licensing and cost management, though some concerns about subscription revenue and marketing costs were noted. The overall sentiment is positive, supported by optimistic guidance for 2025. Given these factors, the stock price is likely to react positively over the next two weeks.
The earnings call reveals strong financial performance, including record free cash flow, improved gross margins, and a significant increase in adjusted EBITDA. Despite an EPS miss, optimistic guidance and strategic partnerships suggest a positive outlook. The dividend increase and share repurchase program further boost investor sentiment. While competitive and regulatory risks exist, the company's focus on cost containment and revenue diversification through licensing and subscriptions are promising. Given these factors, the stock is likely to see a positive movement, potentially between 2% to 8%.
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
