Courtside Group Inc (PODC)
NASDAQ:PODC
Want to see PODC full AI Analyst Report?
Top Page
Courtside Group Inc
(NASDAQ:PODC)
Select Model
Select Model
Rating:62Neutral
Price Target:
$3.50
▲(16.67% Upside)
Action:ReiteratedDate:04/26/26
The score is driven primarily by improving fundamentals (revenue rebound, positive operating/free cash flow, and very low leverage) and a strong technical uptrend. These positives are tempered by still-negative GAAP profitability and thin gross margins, plus near-term risks flagged on the call (seasonality, one-off margin benefits, and higher stock-based compensation) and dilution overhang from the expanded equity incentive plan.
Positive Factors
Revenue Growth and Scale
A record quarter and accelerating revenue run‑rate signal durable demand for the company’s ad inventory and content. Sustained higher revenue improves bargaining power with advertisers, funds content investment, and provides a foundation for continued margin improvement as scale dilutes fixed costs over time.
Negative Factors
GAAP Unprofitability and Low Gross Margin
Low gross margins and ongoing GAAP losses indicate limited pricing power or a high content cost base. Over time this constrains reinvestment and shareholder returns unless structural margin expansion occurs; persistent low gross margins make profitability sensitive to advertising cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth and Scale
A record quarter and accelerating revenue run‑rate signal durable demand for the company’s ad inventory and content. Sustained higher revenue improves bargaining power with advertisers, funds content investment, and provides a foundation for continued margin improvement as scale dilutes fixed costs over time.
Read all positive factors
Courtside Group Inc (PODC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$87.41M
Dividend YieldN/A
Average Volume (3M)57.93K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue Growth20.86%
EPS Growth37.40%
CountryUS
Employees40
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-0.01
Shares Outstanding27,487,965
10 Day Avg. Volume23,621
30 Day Avg. Volume57,931
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)2.59
Price to Sales (P/S)0.75
P/FCF Ratio-107.25
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue1.46
Enterprise Value/Gross Profit12.73
Enterprise Value/Ebitda-28.87
Forecast
1Y Price Target
$5.00Price Target Upside66.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.04
Revenue Forecast (FY)$72.89M
Courtside Group Inc Business Overview & Revenue Model
Company Description
PodcastOne, Inc. operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcas...
How the Company Makes Money
Courtside Group Inc. generates revenue primarily through advertising and sponsorship deals integrated into its podcast content. Advertisers pay the company to access its extensive audience base, often through dynamically inserted ads tailored to l...
Courtside Group Inc Key Performance Indicators (KPIs)
Courtside Group Inc Earnings Call Summary
Earnings Call Date:Feb 12, 2026
(Q3-2026)
| Next Earnings Date:May 28, 2026
Earnings Call Sentiment Positive
The call was predominantly positive: management reported a record revenue quarter, a swing to record positive adjusted EBITDA (+$3.47M vs. year-ago) and dramatic reductions in operating and net losses (≈90% improvement). Strategic initiatives — notably the Dr. Phil partnership, multiple talent renewals, expansion of AI and data capabilities, growth in PodRoll, original IP licensing wins and a pipeline of TV/streaming opportunities — support a favorable growth and monetization outlook. Offsetting items include reliance on a one-off contribution to margins this quarter, increased stock-based compensation (~$2M YoY with ~$1.4M in cost of sales), typical advertiser seasonality that could depress near-term revenue (Q1), and a relatively modest cash balance ($3.4M). On balance, the strength and breadth of operational and monetization improvements and strategic deals meaningfully outweigh the identified risks and one-off-related uncertainty.Positive Updates
Record Quarterly Revenue
Revenue in fiscal Q3 2026 was a record $15.9 million, driven by higher advertising revenue and monetization initiatives.
Negative Updates
Small Remaining Net Loss and Operating Loss
Despite large improvements, the company remained unprofitable on a GAAP basis in the quarter (net loss $154,000; operating loss $153,000), indicating profitability is near-term but not fully realized on GAAP basis.
Read all updates
Q3-2026 Updates
Positive
Negative
Record Quarterly Revenue
Revenue in fiscal Q3 2026 was a record $15.9 million, driven by higher advertising revenue and monetization initiatives.
Read all positive updates
Company Guidance
Management guided that despite a strong fiscal Q3 (record revenue $15.9M; adjusted EBITDA $2.8M; operating loss $153k; net loss $154k, or -$0.01/share; cash $3.4M; no debt), the March quarter is expected to show the normal seasonal ad slowdown (Jan–Feb) that drives a Q4 guidance profile implying a meaningful deceleration (the low end could be down), though they believe they will likely at least match or beat last year’s comparable quarter; adjusted EBITDA is expected to continue and gradually climb in future quarters (the Q3 one‑off was not the sole driver), G&A should remain at current levels, cost of sales improvements included one‑time benefits and may normalize, PodRoll revenue grew >5% quarter‑over‑quarter, and stock‑based compensation increased roughly $2.0M year‑over‑year (about $1.4M recorded in cost of sales).Courtside Group Inc Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
72
Positive
Cash Flow
67
Positive
| Breakdown | TTM | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 60.10M | 52.12M | 43.30M | 34.65M | 32.35M | 23.84M |
| Gross Profit | 6.91M | 3.53M | 5.98M | 7.07M | 6.08M | 5.56M |
| EBITDA | -3.05M | -4.76M | -11.28M | -1.97M | -2.96M | -2.65M |
| Net Income | -4.02M | -6.46M | -14.73M | -6.97M | -3.60M | -3.26M |
Balance Sheet | ||||||
| Total Assets | 24.70M | 21.20M | 24.13M | 28.23M | 23.93M | 25.33M |
| Cash, Cash Equivalents and Short-Term Investments | 3.42M | 1.08M | 1.45M | 3.56M | 1.10M | 3.37M |
| Total Debt | 192.00K | 0.00 | 0.00 | 7.16M | 0.00 | 1.10M |
| Total Liabilities | 8.94M | 6.05M | 7.78M | 21.11M | 10.84M | 11.16M |
| Stockholders Equity | 15.76M | 15.14M | 16.34M | 7.12M | 13.09M | 14.16M |
Cash Flow | ||||||
| Free Cash Flow | 2.84M | -366.00K | 883.00K | -4.92M | -2.27M | -238.00K |
| Operating Cash Flow | 2.87M | -212.00K | 2.21M | -4.70M | -1.99M | -150.00K |
| Investing Cash Flow | -21.00K | -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
Positive
3.00
Price Trends
2.41
Negative
2.41
Negative
2.14
Positive
Market Momentum
-0.05
Negative
50.38
Neutral
53.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PODC, the sentiment is Positive. The current price of 3 is above the 20-day moving average (MA) of 2.21, above the 50-day MA of 2.41, and above the 200-day MA of 2.14, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 50.38 is Neutral, neither overbought nor oversold. The STOCH value of 53.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PODC.
Courtside Group Inc Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $110.63M | -25.25 | -175.73% | ― | -39.89% | 95.87% | |
62 Neutral | $87.41M | -107.86 | -26.67% | ― | 20.86% | 37.40% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
55 Neutral | $74.20M | 1,786.29 | 0.09% | ― | -12.94% | ― | |
51 Neutral | $39.71M | -3.13 | -48.57% | ― | -6.47% | 51.65% | |
50 Neutral | $57.26M | -27.70 | -10.32% | ― | ― | ― | |
42 Neutral | $28.54M | -0.61 | -76.93% | ― | 5.07% | -419.83% |
* Communication Services Sector Average
PODC
Courtside Group Inc
3.32
1.56
88.64%
IZEA
IZEA Worldwide
4.22
2.18
107.37%
GIFT
RDE
1.17
-0.53
-31.18%
CCG
Cheche Group
0.70
-0.15
-17.88%
BODI
Beachbody Company
16.05
11.80
277.65%
BZFD
BuzzFeed
0.72
-1.17
-61.69%
Courtside Group Inc Corporate Events
Business Operations and StrategyShareholder Meetings
Courtside Group Expands Equity Incentive Plan for Growth
Positive
Apr 10, 2026
On April 8, 2026, PodcastOne, Inc. amended its 2022 Equity Incentive Plan to add 2,000,000 shares of common stock available for issuance, following prior approval by its board of directors. The increase, which remains subject to stockholder approv...
Business Operations and StrategyFinancial Disclosures
Courtside Group Lifts Outlook After Record Quarterly Results
Positive
Feb 12, 2026
PodcastOne reported record financial results on February 12, 2026 for its third quarter and first nine months of fiscal 2026 ended December 31, 2025, highlighted by Q3 revenue of $15.9 million, up 25% year over year, and adjusted EBITDA of $2.8 mi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.