CURIOSITYSTREAM INC C/WTS 14/10/2025(TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 15.09 M

Revenue: As of FY2025 Q1, the actual value is USD 15.09 M.

EPS: As of FY2025 Q1, the actual value is USD 0.01.

EBIT: As of FY2025 Q1, the actual value is USD 347 K.

Segment Revenue

• Direct Business: Revenue decreased by $0.9 million, or 9%, from $9.6 million in 2024 to $8.7 million in 2025.
• Content Licensing: Revenue increased by $4.2 million, or 365%, from $1.2 million in 2024 to $5.4 million in 2025.
• Bundled Distribution: Revenue decreased by $0.6 million, or 50%, from $1.1 million in 2024 to $0.6 million in 2025.
• Other Revenue: Increased by $0.3 million, or 363%, from $0.1 million in 2024 to $0.4 million in 2025.

Operational Metrics

• Net Income: Improved from a net loss of $5.0 million in 2024 to a net income of $0.3 million in 2025.
• Operating Income: Improved from an operating loss of $3.7 million in 2024 to an operating income of $0.1 million in 2025.
• Total Operating Expenses: Decreased by $0.6 million, or 4%, from $15.7 million in 2024 to $15.0 million in 2025.

Cash Flow

• Net Cash Provided by Operating Activities: Increased from $0.7 million in 2024 to $1.9 million in 2025.
• Net Cash Provided by Investing Activities: Increased from $0 in 2024 to $2.1 million in 2025.
• Net Cash Used in Financing Activities: Increased from $0.01 million in 2024 to $2.6 million in 2025, primarily due to dividends paid.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue developing integrated digital brand partnerships with advertisers, offering sponsorship campaigns associated with CuriosityStream content.
• Non-Core Business: The company remains focused on transactions that yield a positive gross margin within its content licensing business, particularly those involving library assets.
• Priority: The company intends to continue paying regular quarterly cash dividends, with the next dividend of $0.08 per share expected to be paid on June 20, 2025.