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Stingray Digit SV (TSE:RAY.A)
TSX:RAY.A
Earnings Data
Report Date
Jun 10, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.24Last Year’s EPS
0.22Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 3.43%
|Next Earnings Date:Jun 10, 2025
Earnings Call Sentiment|Positive
The earnings call highlights significant growth in adjusted EBITDA and revenue, driven by the success of the FAST channel business and strategic acquisitions. Despite challenges in retail media advertising and international revenue decline, the overall sentiment remains positive due to strong financial performance and strategic positioning for future growth.Company Guidance
During the Stingray Group Inc's Q3 2025 Results Conference Call, the company provided several key financial metrics and strategic updates. For the third quarter of fiscal 2025, Stingray reported a strong adjusted EBITDA of $42.1 million and unprecedented revenues of $108 million, marking a 7.9% year-over-year revenue growth. This growth was primarily driven by the FAST channel business, higher equipment and installation sales related to digital signage, and improved radio revenues, despite lower sales in the retail media advertising segment. The company highlighted the success of its partnership with Samsung, which saw the Stingray Karaoke app power the award-winning Samsung TV Karaoke product. Stingray also made a strategic acquisition of Loupe Art, enhancing its presence in the connected TV space. Looking forward, the company aims to enhance monetization of its audio retail media network, which spans over 30,000 locations across North America, and continue its growth in in-car entertainment, notably with the Stingray Karaoke catalog. Additionally, Stingray secured $80 million in financing, bringing its revolving credit facility to $500 million, providing liquidity for strategic acquisitions. Adjusted net income rose to $23.4 million, or $0.34 per share, reflecting strong operational performance.Strong Adjusted EBITDA and Revenue Growth
Stingray achieved an adjusted EBITDA of $42.1 million and unprecedented revenues of $108 million, marking a 7.9% increase year-over-year.
FAST Channel Business Success
The FAST channel business contributed significantly to the revenue growth, with partnerships established with major TV manufacturers like LG, Vizio, and Samsung. Samsung TV Karaoke, powered by the Stingray Karaoke app, won the 2025 CES Innovation Award.
Strategic Acquisition of Loupe Art
Stingray acquired Loupe Art, enhancing its presence on connected TVs and expanding its offering for businesses, particularly in the digital signage space.
Radio Revenue Increase
Radio revenues increased by 4% to $36 million, supported by strong digital sales and retail media.
Secured Additional Financing
Stingray secured an additional $80 million in financing, offering greater flexibility to explore strategic acquisitions.
TSE:RAY.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:RAY.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2025 | C$8.16 | C$8.73 | +6.99% |
Nov 05, 2024 | C$7.52 | C$7.88 | +4.79% |
Aug 06, 2024 | C$8.02 | C$7.54 | -5.99% |
Jun 04, 2024 | C$6.70 | C$7.52 | +12.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Stingray Digit SV (TSE:RAY.A) report earnings?
Stingray Digit SV (TSE:RAY.A) is schdueled to report earning on Jun 10, 2025, TBA Not Confirmed.
What is Stingray Digit SV (TSE:RAY.A) earnings time?
Stingray Digit SV (TSE:RAY.A) earnings time is at Jun 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:RAY.A EPS forecast?
TSE:RAY.A EPS forecast for the fiscal quarter 2025 (Q4) is 0.24.