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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) reported its Q2 2022 financial results, marking the eighth consecutive quarter of positive earnings and **EBITDA**. Revenues rose 7% to **$20.7 million**, with a member count of **792,000**. Despite a slight decrease in gross margin to **86.7%**, gross profit grew to **$18.0 million**. EBITDA improved to **$4.2 million**, maintaining margins over **20%**. However, net income declined to **$0.1 million** from **$0.6 million** year-over-year. Cash flows from operations were **$2.5 million**, and the cash balance stood at **$6.2 million** as of June 30, 2022.
Gaia, Inc. (NASDAQ: GAIA) will host a conference call on August 1, 2022, at 4:30 p.m. ET to discuss its Q2 financial results for the period ending June 30, 2022. The call will follow a press release detailing the financial results. Interested parties can join via toll-free and international numbers provided, with a separate replay option available following the conference. Gaia specializes in conscious media through its subscription video-streaming service available in 185 countries, offering over 10,000 titles, with a focus on exclusive content.
Gaia, a conscious media streaming company, will participate virtually in the Sidoti Summer Small-Cap Investor Conference on June 15-16, 2022. The company is scheduled to present on June 15 at 1:45 p.m. Eastern time. Gaia offers a member-supported service, featuring over 10,000 titles across categories like Transformation and Yoga, with 80% of content exclusive to its platform. Available in four languages, Gaia caters to members in 185 countries. For more details, visit www.gaia.com.
Gaia, Inc. (NASDAQ: GAIA) announced that CFO Paul Tarell will participate in the Water Tower Research Fireside Chat Series on May 5, 2022, at 11:00 a.m. ET. The discussion will cover the company's first quarter 2022 results, its long-term business model, and potential growth avenues including organic growth, acquisitions, and international expansion. Gaia is a global streaming service providing conscious media in multiple languages to members across 185 countries, featuring over 10,000 titles, of which 80% are exclusive.
Gaia, a conscious media and community company, will attend the 17th Annual Needham Technology & Media Conference on May 17, 2022, at 1:30 PM Eastern time in New York City. The conference will be held at the Westin Grand Central Hotel. Gaia offers a global streaming service featuring conscious media across four primary channels: Seeking Truth, Transformation, Alternative Healing, and Yoga. The company boasts over 10,000 titles, with 80% exclusive content, serving members in 185 countries.
Gaia, Inc. reported a 15% revenue increase to $21.8 million for Q1 2022, compared to $18.9 million in Q1 2021. The member count rose to 823,000, with a positive 19% EBITDA margin. Despite positive earnings, net income decreased to $0.2 million or $0.01 per share due to increased operating expenses and amortization from the Yoga International acquisition. Gross profit also increased to $18.9 million, with a slight decrease in gross margin to 86.7%. Cash flows from operations were $4.0 million, and the cash balance stood at $8.4 million.
Gaia, Inc. (NASDAQ: GAIA) announces a conference call scheduled for May 2, 2022, at 4:30 p.m. ET to discuss Q1 2022 financial results. The results will be shared in a press release prior to the call. Participants can dial in using toll-free or international numbers, and the call will include a Q&A session. Gaia offers a global streaming service focused on conscious media, featuring over 10,000 titles. The replay of the call will be available until May 16, 2022. For detailed information, visit Gaia's website.
Gaia, Inc. has launched the original docuseries, Sound of Creation, available worldwide. The series highlights the significance of sound in creation stories across cultures and its healing properties. It features notable musicians, teachers, and scientists, with 10 weekly episodes. The company reported 19% revenue growth in 2021, marking its sixth consecutive quarter of positive earnings, ending the year with a record 821,000 members. Membership costs $11.99 monthly or $99 annually.
Gaia, Inc. (NASDAQ: GAIA) reported a significant 19% revenue growth in 2021, totaling $79.6 million. This marks the first year of positive operating income since the launch of its streaming business, with over 821,000 members by year-end. Fourth quarter revenues grew to $20.8 million, reflecting a 12% increase year-over-year. Despite increased customer acquisition costs, cash flows from operations improved by 79%, reaching $20.9 million. The successful acquisition of Yoga International is expected to bolster future growth.
Gaia, Inc. (NASDAQ: GAIA) announced a conference call on February 28, 2022, at 4:30 p.m. Eastern to discuss its financial results for Q4 and full year ended December 31, 2021. The results will be released in advance of the call. Interested parties can join via toll-free and international dial-in numbers. A replay will be available post-call until March 14, 2022. Gaia provides a subscription video-streaming service focused on conscious media, with a library of approximately 8,000 titles available in multiple languages.
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