Welcome to our dedicated page for Gaia news (Ticker: GAIA), a resource for investors and traders seeking the latest updates and insights on Gaia stock.
Gaia, Inc. Class A Common Stock (symbol: GAIA), is a leader in streaming conscious media content, offering a vast library of over 10,000 titles in four primary channels: Seeking Truth, Transformation, Alternative Healing, and Yoga. Gaia is committed to guiding its members on their personal growth, spiritual journeys, and quest for truth through an extensive collection of exclusive films, documentaries, and original programming.
Founded as Gaiam TV, Gaia has evolved into a comprehensive streaming service, accessible on multiple devices, including Apple TV, iOS, Android, Roku, Chromecast, and internet browsers. With a significant presence in the United States and an expanding international audience, Gaia continues to attract and retain members through innovative initiatives and curated content.
Recently, Gaia has seen a remarkable increase in member growth and positive cash flow. In the third quarter of 2023, revenues rose to $20.2 million, with member count doubling to 16,000 from the previous quarter, totaling 790,500 members by September 30, 2023. This growth was driven by improved operating efficiency and strategic cost improvements, leading to an all-time high gross profit per employee of over $650,000.
Gaia's financial performance has been strong, with a net cash flow balance of $11.2 million as of the end of September 2023. The company's focus on cost-effective revenue growth and member retention has resulted in continuous improvements in marketing efficiency and customer acquisition costs.
Gaia Marketplace, a recent initiative, has generated impressive sales and is expected to contribute further to the company's revenue growth. The Gaia+ platform offers members access to immersive workshops, live events, and guided programs with expert teachers, enhancing the value of their subscriptions.
Looking forward, Gaia remains dedicated to expanding its content library and improving member experiences. The company plans to roll out pricing adjustments for new members and continue growing its Marketplace initiative while focusing on premium memberships.
For more detailed information and the latest updates, visit www.gaia.com.
Gaia Inc (NASDAQ: GAIA) has announced preliminary results for Q4 and full year 2024, reaffirming figures from its February 5 8-K filing that detailed an $8.0 million underwritten stock offering. The company reported strong performance with Q4 2024 revenue expected at $24.4M (+18% YoY) and operating cash of $2.6M with Free Cash Flow of $0.6M.
Full year 2024 revenue is anticipated to reach $90.4M, representing a 12% year-over-year increase, with operating cash of $6.9M and Free Cash Flow of $2.7M. These results demonstrate operational efficiency and mark a milestone in Gaia's sustainable growth strategy. The company will discuss detailed financial results in a conference call scheduled for March 10, 2025, at 4:30 p.m. ET.
Gaia (NASDAQ: GAIA) has completed its previously announced underwritten public offering of 1,600,000 shares of Class A common stock at $5.00 per share. The company raised net proceeds of approximately $7.2 million after deducting underwriting discounts, commissions, and estimated offering expenses.
The company plans to use the proceeds primarily for enhancing its AI capabilities, developing the Gaia Community project, and general corporate purposes. Roth Capital Partners and Lake Street Capital Markets served as joint book-running managers for the offering, which was made pursuant to an effective shelf registration statement filed with the SEC.
Gaia (NASDAQ: GAIA) has announced the pricing of an underwritten public offering of 1,600,000 shares of its Class A common stock at $5.00 per share, expecting to raise gross proceeds of approximately $8.0 million. The offering is set to close on February 7, 2025, with underwriters having a 45-day option to purchase up to 240,000 additional shares.
The company plans to use the net proceeds for enhancing its AI capabilities, developing the Gaia Community project, and general corporate purposes. Roth Capital Partners and Lake Street Capital Markets are serving as joint book-running managers for the offering.
Gaia (NASDAQ: GAIA) has announced plans for an underwritten public offering of its Class A common stock. The company intends to grant underwriters a 45-day option to purchase additional shares. The net proceeds will be primarily used for enhancing AI capabilities, developing the Gaia Community project, and general corporate purposes.
Roth Capital Partners and Lake Street Capital Markets are serving as joint book-running managers for the offering. The offering will be conducted under a previously filed and effective shelf registration statement on Form S-3. A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC.
Gaia (NASDAQ:GAIA), a conscious media and community company, has announced its participation in The Microcap Conference 2025, scheduled for January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. The company will deliver its corporate presentation on January 29th at 10:30am ET.
During the conference, Gaia's management team will conduct one-on-one meetings with institutional and individual investors, focusing on discussing recent developments, growth strategy, and investment opportunities. This premier event serves as a platform for growth-focused companies and investors to connect.
Gaia (NASDAQ: GAIA) announced the free release of its documentary 'The Power of Intention with Lynne McTaggart' at Gaia.com/peace. The film explores how group intention can create measurable change, featuring scientific studies and healing stories. Lynne McTaggart, bestselling author and consciousness science expert, will launch a global Peace Intention Experiment on February 1, 2025, at Gaia's Event Center in Louisville, Colorado, which will be livestreamed worldwide.
Gaia, a conscious media platform offering over 8,000 VOD titles, has also introduced Gaia+, an expanded premium membership providing access to streaming content, transformative events, and guided programs by experts.
Gaia reported Q3 2024 financial results with 10% revenue growth to $22.2 million. Member count increased 7% year-over-year to 846,000. Gross profit rose 11% to $19.1 million with improved margins at 86.0%. The company reported a net loss of $(1.2) million or $(0.05) per share. Notable achievements include the sixth consecutive quarter of positive operating and free cash flow. The company implemented its first-ever subscription price increase of at least $2 for all members, expecting Q4 revenue to reach nearly $24 million. A new partnership with ElevenLabs was announced for AI dubbing and translation services to support international growth.
Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, has announced its upcoming third quarter 2024 conference call scheduled for Monday, November 4, 2024, at 4:30 p.m. Eastern time (2:30 p.m. Mountain time). The company will release its financial results for the quarter ended September 30, 2024, in a press release prior to the call.
The conference call will be hosted by Gaia management and include a question and answer session. Participants can join using the toll-free dial-in number 1-877-269-7751 or the international dial-in number 1-201-389-0908, with the Conference ID: 13749012. The call will be broadcast live and available for replay via the company's investor relations website.
A telephonic replay will be accessible until November 18, 2024, using the toll-free replay number 1-844-512-2921 or the international replay number 1-412-317-6671, with the Replay ID: 13749012.
Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, has been invited to present at the LD Micro Main Event XVII from October 28-30, 2024, at the Luxe Sunset Boulevard Hotel in Los Angeles. The event will showcase over 130 microcap companies.
CEO James Colquhoun and CFO Ned Preston are scheduled to present on Tuesday, October 29 at 1:30 p.m. PT (2:30 p.m. MT). The presentation will also be available for virtual viewing. The Invitational will offer opportunities for one-on-one and small group meetings with Gaia's management team.
Interested parties can request an invitation or schedule meetings through their LD Micro Invitational representative or by contacting Gateway Group at (949) 574-3860 or GAIA@gateway-grp.com.
Gaia, Inc. (NASDAQ: GAIA) announced its upcoming HEAL Conference, hosted by Kelly Gores, director of the award-winning HEAL documentary. The event will take place on November 9-10, 2024 at the GaiaSphere in Boulder, Colorado. The conference aims to explore the mind-body connection and natural healing capabilities, featuring renowned speakers such as Medical Medium Anthony William, Gregg Braden, Dr. Shefali, and others.
The event builds upon Gores' documentary teachings, focusing on empowering attendees with ancient wisdom and modern science to activate their inner healer. Gaia President Kiersten Medvedich emphasized the importance of live events in deepening connections and inspiring positive change. Tickets are available for $499.50 for Gaia members and $555.00 for non-members, with a live stream option for Gaia+ premium members.