The earnings call highlighted strong growth in advertising revenues, significant improvements in net income, and promising developments in FAST channels. However, challenges were noted in regional revenue declines and unsustainable subscription growth. Overall, the positive aspects outweighed the challenges.

Company Guidance

During the Stingray Group Inc. Q4 2025 Results Conference Call, the company highlighted significant growth and strategic priorities. Advertising revenue in broadcast and commercial music surged over 45% for the second consecutive year, driven by FAST channels and retail media. Organic growth reached 12.3%, continuing a trend of double-digit increases. Financially, they reduced net debt by $27 million, achieving a leverage ratio of 2.28x. Broadcasting and commercial music revenue increased by 17.8% to $254 million, with an additional 2.3% growth in radio revenue to $132 million. For Q4, revenue was $96 million, up 14.8% year-over-year, with adjusted EBITDA rising 19% to $35 million and margins expanding to 36.5%. Looking ahead, priorities for fiscal 2026 include reinvestment in high-growth areas, reducing leverage below 2x, pursuing strategic M&A, and maintaining shareholder returns through buybacks and dividends.

Strong Advertising Revenue Growth

Advertising revenue in broadcast and commercial music grew over 45% for the second straight year, driven by FAST channels and retail media.

Organic Growth and Financial Health

Organic growth hit 12.3%, building on last year’s 10.2%. Net debt reduced by $27 million, with leverage at 2.28x. Adjusted EBITDA growth outpaced revenue.

Broadcasting and Commercial Music Revenue Increase

Revenue increased 17.8% to $254 million, with radio revenue up nearly 4% in Q4 despite a tough market.

Significant Improvement in Net Income

Net income was $7.7 million, a significant improvement from last year’s $46.3 million loss. Adjusted net income was $18.6 million, up from $15.4 million.

FAST Revenue and Growth Potential

FAST revenue is growing above expectations with over 40% growth in Q1 2026. Backfilling unsold inventory could double FAST revenue potential.

Stingray Digit SV (TSE:RAY.A) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:RAY.A Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2026 (Q2)	0.31 / -	0.24	―	―	―
Aug 05, 2025	2026 (Q1)	0.27 / 0.31	0.2	55.00% (+0.11)	―	―
Jun 10, 2025	2025 (Q4)	0.24 / 0.27	0.22	22.73% (+0.05)	―	―
Feb 04, 2025	2025 (Q3)	0.33 / 0.34	0.27	25.93% (+0.07)	―	―
Nov 05, 2024	2025 (Q2)	0.22 / 0.24	0.21	14.29% (+0.03)	―	―
Aug 06, 2024	2025 (Q1)	0.21 / 0.20	0.17	17.65% (+0.03)	―	―
Jun 04, 2024	2024 (Q4)	0.19 / 0.22	0.21	4.76% (+0.01)	―	―
Feb 06, 2024	2024 (Q3)	0.29 / 0.27	0.24	12.50% (+0.03)	―	―
Nov 07, 2023	2024 (Q2)	0.21 / 0.21	0.15	40.00% (+0.06)	―	―
Aug 08, 2023	2024 (Q1)	0.21 / 0.17	0.19	-10.53% (-0.02)	―	―

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
Aug 05, 2025	C$10.84	C$10.27	-5.26%
Jun 10, 2025	C$8.78	C$9.89	+12.64%
Feb 04, 2025	C$8.16	C$8.73	+6.99%
Nov 05, 2024	C$7.52	C$7.88	+4.79%

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 Nov 11, 2025, Before Open (Confirmed).

What is Stingray Digit SV (TSE:RAY.A) earnings time?

Stingray Digit SV (TSE:RAY.A) earnings time is at Nov 11, 2025, Before Open (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 2026 (Q2) is 0.31.

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