Record Quarterly Revenue
Revenue in fiscal Q3 2026 was a record $15.9 million, driven by higher advertising revenue and monetization initiatives.
Sharp Improvement in Operating and Net Loss
Operating loss improved to $153,000 from $1.6 million year-ago (≈90% reduction). Net loss improved to $154,000, or negative $0.01 per basic and diluted share, versus a net loss of $1.6 million, or negative $0.06 per share in the year-ago quarter (≈90% reduction in loss; EPS improved ≈83%).
Adjusted EBITDA Turned Positive to a Record
Adjusted EBITDA was a record $2.8 million compared to a negative $670,000 in the same year-ago quarter — a positive swing of approximately $3.47 million and a meaningful profitability inflection.
PodRoll and Advertising Momentum
PodRoll revenue increased more than 5% quarter-over-quarter, reflecting growing adoption of the Dynamic Ad Marketplace and improving advertising traction.
Strategic Content Partnerships and Talent Renewals
Launched a major strategic partnership with Dr. Phil’s Envoy Media Company to build a multi-platform owned content network anchored by a daily Dr. Phil podcast; completed multiyear renewals for LadyGang (10 years, 1,000 episodes, >300 million downloads) and The Adam Carolla Show (expanded distribution to SiriusXM), plus renewals/acquisitions of other shows expanding genre diversity and monetization.
Expansion of AI and Data Capabilities
Expanded AI-driven infrastructure across the business (Flightpath, Booster, Adobe Audition, Pod Engine, Magellan AI, Opus Pro), and signed a multiyear partnership with AI-driven Listener.com to advance data and audience intelligence capabilities.
Original IP Monetization and Content Licensing Wins
Paramount acquired Varnamtown from PodcastOne for development as a streaming project, underscoring original IP value; management reported multiple IPs sold (four sold) with 15 total projects in the pipeline, offering potential second-window revenues if greenlit.
Strong Balance Sheet Elements
Ended the quarter with $3.4 million in cash and cash equivalents and no debt on the balance sheet; LiveOne (major investor/partner) indicated ongoing share purchases (recently ~657,000 shares bought).