CNVS · Cineverse Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $78.18M | $49.13M | $68.03M | $56.05M | $31.42M | $39.29M |
| Cost of Revenue | - | - | - | $813.0K | - | - |
| Gross Profit | - | - | - | $55.24M | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $27.68M | $27.90M | $36.82M | $29.55M | $21.99M | $16.34M |
| Total Operating Expenses | $70.26M | $64.83M | $76.95M | $56.98M | $44.89M | $43.64M |
| D&A | $3.80M | $3.77M | $3.83M | $4.57M | $9.39M | $9.39M |
| Operating Income | $7.92M | ($15.70M) | ($8.92M) | ($925.0K) | ($13.47M) | ($4.35M) |
| Interest Expense | $4.37M | $1.07M | $1.29M | $356.0K | $4.09M | $7.26M |
| Income Tax | $106.0K | $10.0K | $119.0K | ($788.0K) | ($315.0K) | $313.0K |
| Net Income | $3.76M | ($21.27M) | ($9.69M) | $2.27M | ($62.82M) | ($14.73M) |
| EPS - Basic | $0.18 | ($1.78) | ($1.13) | ($9.80) | - | - |
| EPS - Diluted | $0.16 | ($1.78) | ($1.13) | $0.20 | ($6.80) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $13.94M | $5.17M | $7.15M | $13.06M | $16.85M | $14.29M |
| Accounts Receivable | $15.75M | $8.67M | $20.85M | $30.84M | $21.09M | $34.78M |
| Inventory | - | - | $207.0K | $116.0K | $166.0K | $582.0K |
| Accounts Payable | $7.30M | $5.80M | $15.04M | $34.18M | $50.71M | $50.71M |
| Current Assets | $38.08M | $32.72M | $37.58M | $52.16M | $43.14M | $61.06M |
| Total Assets | $72.52M | $64.38M | $87.99M | $104.64M | $75.45M | $110.44M |
| Current Liabilities | $34.44M | $31.25M | $45.33M | $56.99M | $57.38M | $128.01M |
| Long-term Debt | - | - | - | - | - | $0 |
| Total Liabilities | $34.72M | $32.23M | $48.91M | $63.69M | $59.56M | $129.73M |
| Stockholders' Equity | $38.75M | $33.27M | $40.34M | $42.25M | $17.24M | ($18.01M) |
| Retained Earnings | ($500.91M) | ($504.15M) | ($482.39M) | ($472.31M) | ($474.08M) | ($410.90M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.41M | ($10.59M) | ($8.80M) | $4.88M | ($20.01M) | $7.76M |
| Investing Cash Flow | ($635.0K) | ($531.0K) | ($1.27M) | ($12.30M) | ($1.71M) | ($1.25M) |
| Financing Cash Flow | ($8.00M) | $9.14M | $4.16M | $2.64M | $24.27M | ($10.09M) |
| CapEx | - | $1.07M | $316.0K | $6.49M | - | - |
| Free Cash Flow | - | ($11.66M) | ($9.11M) | ($1.61M) | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | 98.5% | - | - |
| Operating margin | 10.1% | -32.0% | -13.1% | -1.7% | -42.9% | -11.1% |
| EBITDA margin | 15.0% | -24.3% | -7.5% | 6.5% | -13.0% | 12.8% |
| Net margin | 4.8% | -43.3% | -14.3% | 4.1% | -199.9% | -37.5% |
| Free cash flow margin | - | -23.7% | -13.4% | -2.9% | - | - |
| FCF / Net income | - | 0.55 | 0.94 | -0.71 | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 35.4% | 56.8% | 54.1% | 52.7% | 70.0% | 41.6% |
| Effective tax rate | 2.7% | - | - | -53.1% | - | - |
| Return on assets | 5.2% | -33.0% | -11.0% | 2.2% | -83.3% | -13.3% |
| Return on equity | 9.7% | -63.9% | -24.0% | 5.4% | -364.3% | 81.8% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.11 | 1.05 | 0.83 | 0.92 | 0.75 | 0.48 |
| Quick ratio | 1.11 | 1.05 | 0.82 | 0.91 | 0.75 | 0.47 |
| Cash ratio | 0.40 | 0.17 | 0.16 | 0.23 | 0.29 | 0.11 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | 0.00 |
| Debt / Assets | - | - | - | - | - | 0.00 |
| Debt / EBITDA | - | - | - | - | - | 0.00 |
| Interest coverage | 1.8x | -14.7x | -6.9x | -2.6x | -3.3x | -0.6x |
| Equity multiplier | 1.87 | 1.93 | 2.18 | 2.48 | 4.38 | -6.13 |
| Liabilities / Assets | 0.48 | 0.50 | 0.56 | 0.61 | 0.79 | 1.17 |
| Efficiency | ||||||
| Asset turnover | 1.08 | 0.76 | 0.77 | 0.54 | 0.42 | 0.36 |
| Inventory turnover | - | - | - | 7.01 | - | - |
| Days sales outstanding | 74d | 64d | 112d | 201d | 245d | 323d |
| Days inventory outstanding | - | - | - | 52d | - | - |
| Days payable outstanding | - | - | - | 15344d | - | - |
| Cash conversion cycle | - | - | - | -15091d | - | - |
| Valuation | ||||||
| P / E | 19.8x | - | - | 81.0x | - | - |
| P / B | 1.5x | 0.5x | 1.9x | 49.0x | - | - |
| P / S | 0.7x | 0.3x | 1.1x | 36.9x | - | - |
| EV / EBITDA | 3.6x | - | - | 565.0x | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 59.1% | -27.8% | 21.4% | 78.4% | -20.0% | -26.6% |
| Revenue CAGR (3y) | 11.7% | 16.1% | 20.1% | 1.5% | -22.6% | -24.2% |
| Revenue CAGR (5y) | 14.8% | -1.7% | 0.1% | -9.1% | -21.4% | -17.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -76.0% | -864.3% | 93.1% | -209.8% | 22.6% |
| Net income growth (YoY) | - | -119.4% | - | - | -326.4% | 9.2% |
| EPS growth (YoY) | - | -57.5% | - | - | - | - |
| EPS CAGR (3y) | -7.2% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -28.0% | -467.4% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 16.5% | -17.5% | -4.5% | 145.0% | - | 49.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-31.
Product / service
$78.18M totalOTTStreamingand Digital$44.41M · 56.8%
Base Distribution$28.61M · 36.6%
Podcast And Other$4.89M · 6.3%
Other Non Recurring$266.0K · 0.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-3.93
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Video Tape Rental
Comparing Cineverse Corp. against the 3 most active filers in the same SIC group.