Significant Cash Flow Improvement
CuriosityStream reported a year-over-year cash flow increase of about $26 million in 2024, moving from a $16 million loss in 2023 to a $10 million gain in 2024.
Ninth Consecutive Quarter of Increased Cash Flow
CuriosityStream achieved its highest-ever adjusted free cash flow at $3.3 million in Q4, marking the ninth straight quarter of cash flow improvement.
Dividend Increase and Shareholder Return
CuriosityStream announced an increase in its dividend from $0.10 to $0.16 for 2025, representing a 7.5% yield based on the previous day's closing share price.
Gross Margin Improvement
Gross margin increased from 45% to 52% year-over-year in Q4, driven by cost control efforts and reductions in content amortization.
Operational Efficiency and Cost Reduction
Annual operational costs are significantly lower than recurring revenue, with a reduction in advertising, marketing, and G&A expenses by $7.7 million or 17% compared to 2023.
Strong Position in AI Training Content Licensing
CuriosityStream has secured deals to license over 8 million minutes of video and audio for AI training, with the expectation of this segment potentially exceeding direct revenue in 2025.
No Debt and Strong Liquidity
CuriosityStream ended the year with approximately $40 million in liquidity and no outstanding debt.