CuriosityStream (CURI) AI Stock Analysis

• Market Cap: $294.31M
• Dividend Yield: 6.27%
• Average Volume (3M): 846.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: -4.04%
• EPS Growth: 84.17%
• Country: US
• Employees: 45
• Sector: Communication Services
• Sector Strength: 90
• Industry: Broadcasting
• EPS (TTM): 0.01
• Shares Outstanding: 57,708,220
• 10 Day Avg. Volume: 1,058,435
• 30 Day Avg. Volume: 846,074
• PEG Ratio: -0.04
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.52
• Enterprise Value/Market Cap: 0.08
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 0.87
• Enterprise Value/Ebitda: 3.25
• 1Y Price Target: $5.40
• Price Target Upside: 10.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 61 Neutral
• Price Target: $5.50 ▲(12.70%Upside)

CuriosityStream's overall stock score reflects a combination of improved financial performance, positive corporate events, and technical indicators pointing to moderate growth. The positive earnings call and dividend announcements are major strengths, although ongoing financial challenges and valuation concerns temper the outlook.

Positive Factors

Financial Performance

CuriosityStream reported first quarter revenues of $15.1 million, which was ahead of the forecast, and achieved a positive adjusted EBITDA, reversing a previous loss.

Financial Stability

The company has a clean balance sheet with $30 million in cash and no debt, providing financial stability.

Revenue Growth

Content licensing efforts are expected to be the main driver of revenue growth and should grow in scale to be more than 50% of Direct business revenues.

Negative Factors

Direct Business Risk

The softening in the Direct Business is a risk as that is an important part of the long-term health of the business.

Revenue Uncertainty

Direct business revenues were down sequentially, and macro uncertainty limits the ability to institute additional price increases.

CuriosityStream Business Overview & Revenue Model

Company Description

CuriosityStream Inc. is a global independent media company that operates in the streaming media sector. It provides a subscription-based video-on-demand service that offers a library of non-fiction documentaries and series, focusing on topics such as science, history, technology, nature, and lifestyle. The company aims to provide factual entertainment and educational content to a worldwide audience, catering to the increasing demand for high-quality, informative streaming content.

How the Company Makes Money

CuriosityStream generates revenue primarily through its subscription-based model. Users pay a monthly or annual fee to access its extensive library of non-fiction content. The company offers different subscription tiers, providing various levels of access and features, enabling it to cater to a wide range of customer preferences and budgets. Additionally, CuriosityStream may engage in licensing agreements to distribute its content through third-party platforms or networks, expanding its reach and securing additional revenue streams. Strategic partnerships with educational institutions, organizations, and businesses also contribute to its earnings by facilitating content distribution in bulk or through tailored packages. Advertising and sponsorships may also play a role, though they are not the primary revenue drivers for the company's direct-to-consumer model.

CuriosityStream Financial Statement Overview

Summary

CuriosityStream faces financial challenges with consistent operational losses impacting income statement metrics. The balance sheet shows a strong equity position aided by low debt, though asset decline is concerning. Recent improvements in cash flow are positive signs, but sustaining this trend is crucial for long-term stability and growth.

Income Statement

CuriosityStream has shown fluctuating revenue growth rates with a decline in total revenue from 2022 to 2023. The company struggles with negative net profit margins and consistently negative EBIT and EBITDA margins, indicating ongoing operational challenges. Despite these issues, the gross profit margin remains relatively stable, suggesting some operational efficiency in controlling production costs.

Balance Sheet

The company's debt-to-equity ratio remains low, benefiting from minimal debt levels, while equity provides a strong base. However, a declining equity ratio over the years indicates a shrinking asset base relative to equity, potentially impacting future leverage and funding flexibility. Return on equity is negative due to persistent losses, indicating a need for improved profitability.

Cash Flow

CuriosityStream displayed improvement in operating cash flow in 2024, turning positive after years of negative figures. Free cash flow also turned positive, driven by better cash management, but past negative trends highlight a need for consistent improvement. The company has managed cash effectively despite negative net income, indicating potential for future operational improvements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	54.22M	51.13M	56.89M	78.04M	71.26M	39.62M
Gross Profit	28.53M	25.77M	21.34M	26.51M	34.59M	24.20M
EBITDA	-108.00K	6.14M	-2.10M	-10.56M	-23.99M	-29.87M
Net Income	-7.59M	-12.94M	-48.90M	-50.92M	-37.63M	-48.60M
Balance Sheet
Total Assets	85.25M	86.18M	101.02M	154.11M	217.58M	88.59M
Cash, Cash Equivalents and Short-Term Investments	9.18M	32.06M	37.72M	54.99M	81.05M	33.37M
Total Debt	28.05M	4.28M	4.28M	4.65M	0.00	0.00
Total Liabilities	27.14M	28.33M	28.38M	36.49M	55.64M	43.62M
Stockholders Equity	58.12M	57.85M	72.65M	117.63M	161.94M	44.97M
Cash Flow
Free Cash Flow	9.33M	8.15M	-16.18M	-39.65M	-73.59M	-53.88M
Operating Cash Flow	9.41M	8.15M	-16.17M	-39.52M	-73.24M	-53.51M
Investing Cash Flow	-29.34M	-31.41M	14.00M	62.70M	-74.94M	25.45M
Financing Cash Flow	-9.64M	-7.01M	-123.00K	-218.00K	148.34M	36.62M

CuriosityStream Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.88
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CURI, the sentiment is Negative. The current price of 4.88 is below the 20-day moving average (MA) of 5.26, below the 50-day MA of 5.02, and above the 200-day MA of 2.83, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 44.23 is Neutral, neither overbought nor oversold. The STOCH value of 40.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CURI.

CuriosityStream Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSP	77 Outperform	$267.52M	3.43	11.23%	―	6.28%	―
GTN	76 Outperform	$525.81M	2.01	9.92%	6.90%	9.08%	―
FUBO	74 Outperform	$1.29B	19.01	21.67%	―	13.18%	―
Sector *	61 Neutral	$41.07B	-0.81	-14.21%	3.83%	2.45%	-73.69%
CURI	61 Neutral	$294.31M	―	-12.13%	6.27%	-4.04%	84.17%
EVC	57 Neutral	$219.25M	―	-82.15%	8.30%	-66.94%	-52.19%
IHRT	48 Neutral	$250.21M	―	86.54%	―	3.31%	-39.47%

CuriosityStream Corporate Events

CuriosityStream Announces Special Cash Dividend

On May 8, 2025, CuriosityStream Inc. announced a special cash dividend of $0.10 per share, payable on June 27, 2025, as a reflection of the company’s strong financial position and future prospects. This decision highlights the company’s commitment to returning value to shareholders and marks a significant milestone following its achievement of positive net income and EBITDA for the quarter ended March 31, 2025.

CuriosityStream Reports First-Ever Positive Net Income

On May 6, 2025, CuriosityStream announced its first-ever positive net income for Q1 2025, with a 26% year-over-year increase in revenue to $15.1 million. The company also reported a significant improvement in net income and adjusted EBITDA, alongside a 100% increase in its annual dividend program to $0.32. This financial milestone reflects CuriosityStream’s growth trajectory and its efforts to reward shareholders, while expanding its content offerings and market presence.