Silver Spring, Md. – CuriosityStream Inc. (NASDAQ: CURI) has announced its financial results for the quarter ended March 31, 2025.
The company achieved positive net income and EBITDA for the first time. In addition, the Company’s Board of Directors raised its second quarter cash dividend to $0.08 per share, payable on June 20, 2025, to stockholders of record on June 6, 2025.
First Quarter 2025 Financial Results:
- Revenue of $15.1 million, compared to $12.0 million in the first quarter of 2024
- Gross profit of $8.0 million or 53.1%, compared to $5.3 million or 43.8% in the first quarter of 2024
- Net income of $0.3 million, compared to net loss of $5.0 million in the first quarter of 2024
- Adjusted EBITDA of $1.1 million, compared to Adjusted EBITDA loss of $2.8 million in the first quarter of 2024
- Adjusted Free Cash Flow of $2.0 million, an improvement of $0.8 million compared to $1.2 million in the first quarter of 2024
“We’re thrilled to begin 2025 with a quarter of historic milestones, achieving positive net income and EBITDA for the first time,” said Clint Stinchcomb, President & CEO of CuriosityStream.
CuriosityStream expects the following for the second quarter of 2025:
- Revenue within the range of $16.0 million – $17.0 million
- Adjusted Free Cash Flow within the range of $2.0 million – $3.0 million
CuriosityStream hosted a Q&A conference call today to discuss the Company’s first quarter and full year 2025 results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).
CuriosityStream Inc. is the entertainment brand for people who want to know more.
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