Cineverse Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $65.7M | $78.2M | $49.1M | $68.0M | $56.1M | $31.4M | $39.3M | $53.5M |
| Cost of Revenue | — | — | — | — | $813.0K | — | — | — |
| Gross Profit | — | — | — | — | $55.2M | — | — | — |
| Gross Margin | — | — | — | — | 98.5% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $43.3M | $27.7M | $27.9M | $36.8M | $29.6M | $21.9M | $16.3M | $27.7M |
| Operating Income | $-15.2M | $7.9M | $-15.7M | $-8.9M | $-925.0K | $-13.5M | $-4.3M | $-5.6M |
| Operating Margin | -23.1% | 10.1% | -32.0% | -13.1% | -1.7% | -42.9% | -11.1% | -10.5% |
| Interest Expense | — | $4.4M | $1.1M | $1.3M | $356.0K | $4.1M | $7.3M | $10.3M |
| Pretax Income | $-11.5M | $3.9M | $-21.3M | $-9.6M | $1.5M | $-63.2M | $-14.4M | $-16.0M |
| Income Tax Expense | $-2.8M | $106.0K | $10.0K | $119.0K | $-788.0K | $-315.0K | $313.0K | $295.0K |
| Net Income | $-8.7M | $3.8M | $-21.3M | $-9.7M | $2.3M | $-62.9M | $-14.7M | $-16.2M |
| Net Margin | -13.2% | 4.8% | -43.3% | -14.3% | 4.1% | -200.2% | -37.5% | -30.3% |
| EPS (Basic) | $-0.49 | $0.18 | $-1.78 | $-1.13 | $0.21 | $-0.49 | $-0.34 | $-0.44 |
| EPS (Diluted) | $-0.49 | $0.16 | $-1.78 | $-1.13 | $0.20 | $-0.49 | $-0.34 | $-0.44 |
| Shares Outstanding (Basic) | 18.8M | 15.8M | 12.3M | 8.9M | 8.5M | 127.8M | 103.3M | 35.7M |
| Shares Outstanding (Diluted) | 18.8M | 17.8M | 12.3M | 8.9M | 8.7M | 127.8M | 103.3M | 35.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |