Courtside Group Inc (PODC) AI Stock Analysis

• Market Cap: $58.13M
• Dividend Yield: N/A
• Average Volume (3M): 66.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: 20.01%
• EPS Growth: 27.28%
• Country: US
• Employees: 40
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.04
• Shares Outstanding: 26,910,732
• 10 Day Avg. Volume: 89,262
• 30 Day Avg. Volume: 66,655
• PEG Ratio: 0.10
• Price to Book (P/B): 2.57
• Price to Sales (P/S): 0.75
• P/FCF Ratio: -106.16
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 0.73
• Enterprise Value/Gross Profit: 8.25
• Enterprise Value/Ebitda: -9.38
• 1Y Price Target: $5.00
• Price Target Upside: 115.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.13
• Revenue Forecast (FY): $60.39M

• Rating: 52 Neutral
• Price Target: ―

Courtside Group Inc's stock score reflects its revenue growth and strong equity position, counterbalanced by challenges in profitability and cash flow. While technicals show slight upward momentum, the valuation remains a concern with negative earnings. Positive corporate events, including anticipated revenue records and strategic initiatives, offer potential for future improvements.

Positive Factors

Revenue Growth

Projected record revenues for FY 2025 indicate strong market demand and effective monetization strategies, supporting long-term growth.

Strategic Initiatives

Strategic growth plans focusing on platform differentiation and audience expansion can enhance competitive positioning and revenue streams.

Leadership Change

The appointment of a new CFO with cost-saving measures and financial expertise strengthens financial operations and supports profitability goals.

Negative Factors

Profitability Challenges

Ongoing profitability challenges, as reflected by negative net income, may hinder the company's ability to reinvest and grow sustainably.

Cash Flow Issues

Negative cash flow from operations suggests difficulties in sustaining cash generation, potentially impacting liquidity and investment capacity.

Declining Margins

Declining gross profit margins indicate reduced operational efficiency, which could pressure profitability and competitive advantage over time.

Courtside Group Inc Business Overview & Revenue Model

Company Description

Courtside Group Inc, commonly known as PodcastOne, operates within the digital media and broadcasting sectors, focusing on the production and distribution of podcasts. The company offers a wide range of audio content across various genres including entertainment, sports, and lifestyle, providing a platform for both established and emerging podcasters to reach a diverse audience.

How the Company Makes Money

PodcastOne generates revenue primarily through advertising and sponsorship deals embedded within its podcast content. The company capitalizes on its extensive network of popular shows to attract advertisers who are interested in reaching targeted audiences. Additionally, PodcastOne may engage in partnerships with content creators and other platforms to expand its distribution and audience reach, thereby enhancing its advertising potential. Other potential revenue streams can include premium content subscriptions or merchandise sales associated with its podcast brands.

Courtside Group Inc Financial Statement Overview

Summary

Courtside Group Inc is showing revenue growth yet struggles with profitability and cash flow management. Its balance sheet reflects a strong equity position with no debt, but negative net income and cash flow issues highlight operational inefficiencies.

Income Statement

Courtside Group Inc has experienced moderate revenue growth with a TTM revenue increase of 14.84% compared to the previous fiscal year. However, the company is struggling with profitability, as indicated by negative net income and EBIT margins. The gross profit margin in the TTM period is 7.61%, down from 13.8% the previous year, showing a decline in operational efficiency.

Balance Sheet

The company's balance sheet shows a strong equity position with a debt-to-equity ratio of 0, indicating no reliance on debt financing. The equity ratio has improved to 72.75% in the TTM period from 67.74% in the previous year, demonstrating a stable financial structure. However, the return on equity remains negative due to ongoing net losses.

Cash Flow

The cash flow statement indicates challenges in generating positive cash flow, with a negative free cash flow in the TTM period. The free cash flow to net income ratio is negative, and operating cash flow has turned negative compared to the previous year's positive performance, reflecting difficulties in sustaining cash flow from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	56.96M	52.12M	43.30M	34.65M	32.35M	23.84M
Gross Profit	5.07M	4.72M	5.98M	7.07M	6.08M	5.56M
EBITDA	-4.46M	-5.10M	-11.28M	-1.97M	-2.96M	-2.65M
Net Income	-5.45M	-6.46M	-14.73M	-6.97M	-3.60M	-3.26M
Balance Sheet
Total Assets	22.57M	21.20M	24.13M	28.23M	23.93M	25.33M
Cash, Cash Equivalents and Short-Term Investments	2.75M	1.08M	1.45M	3.56M	1.10M	3.37M
Total Debt	0.00	0.00	0.00	7.16M	0.00	1.10M
Total Liabilities	7.86M	6.05M	7.78M	21.11M	10.84M	11.16M
Stockholders Equity	14.71M	15.14M	16.34M	7.12M	13.09M	14.16M
Cash Flow
Free Cash Flow	515.00K	-366.00K	883.00K	-4.92M	-2.27M	-238.00K
Operating Cash Flow	646.00K	-212.00K	2.21M	-4.70M	-1.99M	-150.00K
Investing Cash Flow	-131.00K	-154.00K	-1.33M	-219.00K	-283.00K	1.20M
Financing Cash Flow	0.00	0.00	-3.00M	7.38M	0.00	1.07M

Courtside Group Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.32
• 50DMA: Positive
• 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 PODC, the sentiment is Neutral. The current price of 2.32 is above the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.05, and above the 200-day MA of 1.89, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 47.33 is Neutral, neither overbought nor oversold. The STOCH value of 31.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PODC.

Courtside Group Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
PODC	52 Neutral	$58.13M	―	-34.22%	―	20.01%	27.28%
CCG	52 Neutral	$76.90M	―	―	―	105.31%	95.66%
BODI	52 Neutral	$78.96M	-1.79	-102.66%	―	-37.41%	60.58%
IZEA	51 Neutral	$84.09M	―	-6.62%	―	7.12%	78.68%
BZFD	40 Underperform	$34.92M	―	―	―	―	―
GIFT	35 Underperform	$34.68M	―	-55.77%	―	-42.49%	38.75%

Courtside Group Inc Corporate Events

PodcastOne Projects Record Revenues for FY 2025

On April 16, 2025, PodcastOne announced at Trump Mar-a-Lago that it expects record revenues exceeding $51 million for FY 2025, with Q4 revenue surpassing $13 million and Adjusted EBITDA above $500,000. The company also provided guidance for FY 2026, projecting revenues between $55-60 million and Adjusted EBITDA of $2.5-4 million. Ranked #9 on Podtrac for March 2025, PodcastOne’s announcement highlights its strong market position and growth trajectory, potentially impacting its stakeholders positively.

Spark’s Take on PODC Stock

According to Spark, TipRanks’ AI Analyst, PODC is a Neutral.

Courtside Group Inc shows promising revenue growth but faces challenges with profitability and cash flow. Recent strategic initiatives and leadership changes are positive, potentially improving financial operations. Technical indicators show neutral to slightly positive momentum, while valuation remains a concern due to ongoing losses.

To see Spark’s full report on PODC stock, click here.

Courtside Group Inc Appoints New CFO Ryan Carhart

On February 19, 2025, PodcastOne appointed Ryan Carhart as the new Chief Financial Officer, Treasurer, and Secretary, succeeding Aaron Sullivan. Carhart, who has extensive financial experience, will also serve in the same roles for LiveOne, the parent company. His promotion is part of a strategic move to enhance financial operations, with Carhart implementing measures expected to save over $23 million in costs and securing a new loan agreement with East West Bank. This transition is anticipated to strengthen the company’s financial positioning and support its growth and profitability goals.

PodcastOne Unveils Strategic Growth Plans to Investors

PodcastOne, Inc. announced its intention to present its Corporate Presentation to the investment community, highlighting its strategic growth plans and market position. The company aims to leverage its differentiated platform to attract advertisers and content creators, while focusing on expanding its audience and revenue streams. The announcement underscores PodcastOne’s commitment to maintaining its leadership in the podcasting industry through strategic acquisitions and technology integration, despite the inherent risks and uncertainties associated with its growth strategy.

Courtside Group Inc Reports Q3 2025 Revenue Growth

On February 5, 2025, PodcastOne reported its financial results for Q3 Fiscal 2025, revealing a 22% revenue increase to $12.7 million compared to the previous year. The company has expanded its content slate and audience reach through a strategic partnership with Amazon’s ART19, enhancing operational efficiencies and monetization capabilities. As part of its growth strategy, PodcastOne continues to build strong relationships with advertisers and content creators while reaffirming its guidance for Fiscal 2025 revenues to reach at least $51.0 million, expecting positive Adjusted EBITDA.