PodcastOne — Q1 Fiscal 2027 Earnings Summary

Financial Performance

• Revenue increased 8% year-over-year to a record $16.1 million ($16,125 thousand) for the three months ended June 30, 2026, compared to $14,994 thousand in the prior year period.
• Adjusted EBITDA increased $1.0 million year-over-year to a record $1.6 million ($1,576 thousand), up from $580 thousand in the prior year period.
• Net loss was $1.6 million ($1,558 thousand) for the quarter, compared to a net loss of $1.1 million ($1,054 thousand) in the prior year period.
• Operating loss widened to $1.6 million ($1,556 thousand) from $1.1 million ($1,054 thousand) in the prior year period.
• Net loss per share (basic and diluted) was $0.05, compared to $0.04 in the prior year period.
• Cash and cash equivalents increased to $7.0 million ($7,014 thousand) as of June 30, 2026, from $3.5 million ($3,509 thousand) as of March 31, 2026.
• Total assets grew to $38.3 million ($38,285 thousand) as of June 30, 2026, from $29.2 million ($29,197 thousand) as of March 31, 2026.
• Total liabilities increased to $13.4 million ($13,375 thousand) as of June 30, 2026, from $12.1 million ($12,103 thousand) as of March 31, 2026.
• Stockholders' equity increased to $24.9 million ($24,910 thousand) as of June 30, 2026, from $17.1 million ($17,094 thousand) as of March 31, 2026.
• Contribution Margin was $3.1 million ($3,145 thousand) for the quarter ended June 30, 2026, compared to $2.4 million ($2,394 thousand) in the prior year period.

Business Segments and Product Lines

• Expanded the creator portfolio through the acquisitions of "The Magnificent Others with Billy Corgan" and "Life Happens with Barb and Michelle."
• Continued expanding content beyond the podcast feed through original programming, strategic partnerships, and entertainment properties including "It's Okay, We're All Gonna Die," "A&E's The First 48," and "House of Stassi."
• PodcastOne has surpassed 3.9 billion total downloads with a community of 200 top podcasters.
• The company's distribution network reaches over 1 billion monthly impressions across channels including YouTube, Spotify, Apple Podcasts, and iHeartRadio.
• PodcastOne Pro offers fully customizable production packages for brands, professionals, or hobbyists.

Market and Competitive Landscape

• Reached a record #6 ranking on Podtrac, surpassing competitors such as Disney.
• Delivered 18 million+ downloads and streams and 6 million unique listeners in June 2026.
• PodcastOne is positioned as a leading U.S. podcast publisher.

Management Commentary and Tone

• Kit Gray, President and Co-Founder, stated that Q1 Fiscal 2027 was a strong quarter and expressed pride in the team's momentum.
• Management highlighted record quarterly revenue, the highest-ever Podtrac ranking, and continued expansion of content portfolio, creator relationships, and distribution footprint.
• Management expressed optimism regarding future opportunities and exciting projects ahead.

Other Key Points

• The company will host a conference call and webcast on August 12, 2026, at 12:30 PM Eastern Time.
• The press release includes a reconciliation of Non-GAAP measures (Adjusted EBITDA and Contribution Margin) to GAAP financial results.
• A quantitative reconciliation for projected full fiscal year 2027 Adjusted EBITDA is not available without unreasonable efforts due to the high variability of purchase accounting adjustments and acquisition-related charges.
• Forward-looking statements include risks related to reliance on OEM customers, ability to consummate transactions, going concern status, listener retention, content acquisition, stock repurchase programs, financial covenants, and legal proceedings.
• The company references potential risks associated with LiveOne, its parent company, including repayment of indebtedness and compliance with financial covenants.