Arena Group reports Q4 adjusted EBITDA $10.1M vs. $13.0M last year

Reports Q4 revenue $28.2M vs. $36.2M last year. “In 2025, we have transformed The Arena Group (AREN) into a leaner, more resilient organization by innovating and scaling our Entrepreneurial Publishing model, aggressively paying down debt and maintaining strict cost controls,” Paul Edmondson, CEO of The Arena Group. “We believe our expansion into video and syndication (publisher revenue), alongside our commerce initiatives, provides the diversification necessary to navigate major algorithmic shifts and evolution of the media landscape. While the challenges of the industry will continue, we are confident that we’re better positioned with the ability to adapt in real-time, and we expect this strategic flexibility to drive positive cash from operations for the full year 2026.”