{"id":838026,"date":"2025-04-16T08:43:05","date_gmt":"2025-04-16T12:43:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/podcastone-nasdaq-podc-to-present-record-revenues-at-trump-mar-a-lago-today\/"},"modified":"2025-04-16T08:43:05","modified_gmt":"2025-04-16T12:43:05","slug":"podcastone-nasdaq-podc-to-present-record-revenues-at-trump-mar-a-lago-today","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/podcastone-nasdaq-podc-to-present-record-revenues-at-trump-mar-a-lago-today\/","title":{"rendered":"PodcastOne (Nasdaq: PODC) to Present Record Revenues at Trump Mar-a-Lago Today"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li style=\"text-align:left\">Expects Record Revenue: Exceeds $51 million for FY 2025, with Q4 revenue over $13 million and Adjusted EBITDA* above $500,000<\/li>\n<li style=\"text-align:left\">FY 2026 Guidance:\n<ul type=\"disc\">\n<li>Revenues: $55-60 million<\/li>\n<li>Adjusted EBITDA*: $2.5-4 million<\/li>\n<\/ul>\n<\/li>\n<li>Industry Ranking: #9 on Podtrac for March 2025<\/li>\n<li>Kit Gray, President of PodcastOne, to present at Trump Mar-a-Lago today<\/li>\n<\/ul>\n<p>LOS ANGELES, April  16, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=beh8cJvU5f6tl2YYqPB1DpLYyKSZVTXOG3WEZB3rog0RC4nXtMIhzg-_6WpXxuRX_mI4tl5qwQ1YT7_2CSa0REV2WBbBHml1NSXELEriEHtRBh_UOqDr_OegWq-roF_XuEJE0nEmteSRvT6kMNgOapLFzsr9kMoGSn93C3bstEXQrJwsPtj9331IGjnEYpYtOaTMvyiaVxX2sma4F3y5FzfYt8H-HvmUIBDgeilEZeA=\" rel=\"nofollow\" target=\"_blank\">PodcastOne<\/a> (NASDAQ: PODC), a leading publisher and podcast sales network, announced today that Kit Gray, President of PodcastOne, will present a business update and provide financial guidance to investors at Trump Mar-a-Lago today, Wednesday, April 16, 2025, as well as certain preliminary financial results for its fiscal year ended March 31, 2025 (\u201cFY 2025\u201d) and other updates.<\/p>\n<p>PodcastOne\u2019s full roster of top ranked podcasts includes programming across top genres such as news, comedy, true crime, sports and society and culture and includes shows such as\u00a0<em>The Jordan Harbinger Show,<\/em>\u00a0<em>Karma and Chaos, Stassi, Off The Vine with Kaitlyn Bristowe, LadyGang, Cate &amp; Ty Break it Down, The Prosecutors, Court Junkie, Cold Case Files, I Survived,\u00a0<\/em>and<em>\u00a0Varnamtown.<\/em>\u00a0PodcastOne shows are available through\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=beh8cJvU5f6tl2YYqPB1DoBjcVXDlVDr3MhdkAxgGqNs-KY-BnOMrsL-oNUCBEMe4s97YT24kCUm1BjpXoQPcqRcb4tiNEylr2QHnQJICWY6me9_9yUcyRW_Jj9i7KuXYyYw4g_XXdDkDdjANVdPh_MhSAMXYF-YLKGbeiWho6Ev8446xxns8q10ED9hdpPZ9nrmYMfT7_joqq-KyrsMxLEhflaO-NoJ-fEY3DB4IpU=\" rel=\"nofollow\" target=\"_blank\">PodcastOne<\/a>, Apple Podcasts, Spotify, YouTube, iHeart, Amazon and wherever podcasts are heard.<\/p>\n<p>The select expected financial results discussed in this press release are based on management\u2019s preliminary unaudited analysis of financial results for FY 2025. As of the date of this press release, PodcastOne has not completed its financial statement reporting process for FY 2025, and PodcastOne\u2019s independent registered accounting firm has not audited the preliminary financial results discussed in this press release. During the course of PodcastOne\u2019s fiscal year-end closing procedures and review process, PodcastOne may identify items that would require it to make adjustments, which may be material, to the information presented above. The estimated preliminary unaudited financial results contained in this press release are based only on currently available information as of the date hereof. As a result, the estimates above constitute forward-looking information and are subject to risks and uncertainties, including possible adjustments to preliminary financial results, and are not guarantees of future performance and may differ from actual results.<\/p>\n<p>\n        <strong>About PodcastOne<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=beh8cJvU5f6tl2YYqPB1DubapI-SFTE0jKgHc9n7MTE4pBmShas86-bi_83L5oaFUXgkXEOQlAD2gPiQdsfMdlHSPJaSWZ_WmH4g-bVIXHC5sjnECAuNf1WxsFvQ1drgLNQSiyruhJsoMC1k-OuJ2CG1CIssEfcOXHvzzbd2sN0Oj_RexJbrMf7RE2yqlGan3waHseoRKP1uTsWa9PKxM5KPmb7J4hedPBZhpKVxZDk=\" rel=\"nofollow\" target=\"_blank\">PodcastOne<\/a> (NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution. PodcastOne has surpassed 3.9 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&amp;E&#8217;s Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion monthly impressions across all channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio. PodcastOne is also the parent company of\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=beh8cJvU5f6tl2YYqPB1Dg08E6eutETqwL8sN3uKcL0I9mINoOI72dhPlschcu0oNFmpWceF2WdsjDwPPVkoXl7o3Ry_2_1AuaDUtbfFq9mAiKSucqp_pVEdB2ZuOM--GUE9KroRSPGskB_TZYNgd34bDGJvmzNuy7bku0Vi51Wx5vPL66-0ZOfn8QKr9fA062EcoN9o-QvE7B8Dss3LzHPHXDxkj2aFLBO1SS0U4oSKfvtq35qgSiWYkAOSrnjy\" rel=\"nofollow\" target=\"_blank\">PodcastOne Pro<\/a> which offers fully customizable production packages for brands, professionals, or hobbyists. For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OPGt42dydv-4OmYa178mWlRg9CgahUF0GUaflX0ScZ9NEum32OpLxX4ZazUVSroN0U_l3Qnby43DlD6ooVbLZlJxFQVX2VOx76CxhnkQcDAmmR-4eSyv884XNDU4Pwv-wX1yB3YBZFNYuz8gJ0n5U5jpN72oPKOwHTWaOIhE7Uon3hrJ0PRmvfDE8F8x8ORu_jyBO3J30FBgOXZW9Of6CN_34y9mkOLehxp6N23TbqEj4UKRbpB_o1YU9ixyMPR3h8Z6DdOFOtvmRPA4ZCqG4Q==\" rel=\"nofollow\" target=\"_blank\">www.podcastone.com<\/a> and follow us on\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FsKbjLcGTOM_c0zDCOqg_NfJoitWX7S9UKLEHCItPA6IDtZy1-lnCbUyBUxw0WCAFfgcl857UPNS83pQDcYblaLooFi5IRpNXesk8CR-mKv_WH63KRliLCTcmvf0amEV3qGrWMdB9Gh6iXGd5BjdZkrzICUwTqG2exwkplmBMvJus7hPp9-qkLDce8a8otczQkAYx02u-JiiUIRefY6kl4PFa5eUgh-KaIwQwcsgwNzsFuofY2C1Me-hDwAYleoZ\" rel=\"nofollow\" target=\"_blank\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ClF145NNL_O2s4mPMn9jD9XvijLqhyXPhkMtjYXXHgg7Rrta03owl-d8ntbjalWW49q3N4X1hVWy6_gppm1NXOXi2nyc0-uFKj8nEajcjAQbK-L4EXeGb5xMT7djDCiIGywhk7xeTraxjtD9EYziJXhPDTVbi6PGzRCikVB99GE1-fblVKNCGqmVV9RcKJska5aaNqvPBbB7OBsC41c4JE3SfTAwaJKWkrVUYtH8jFCzYmsvuQ5UlNfjMfCjzrL5\" rel=\"nofollow\" target=\"_blank\">Instagram<\/a>,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=p2SxI6ZbPbH10AuoBEVHhsTyGN5v6TYebhEoMkN9nrA_0RZ_LIiKTYfajHUlIFfFdpDYwVjwS3N60MFtJK65-XjoGT0iC8ERdoyrLIgXo00E-gnnypuICrCluh8tZHg_rahn2Rg0GBfQ5e3o3SfD0NRUTNcNpqXBkUIKTEI5IF1vPVSwQkSmDXkIYhTIqK6OUWcSG48clnisq5kOls2mX5iqr0cUxFsTiUKWxkbBuB4ylVRlKMKwXnEXyauo58Jx\" rel=\"nofollow\" target=\"_blank\">YouTube<\/a>, and\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XaDjpDLoWWs1jKG1SX57c52g54sjXQ3Aet1ycWnrXaPi3QT4X1gDHsh_WYF36pKSkbZhUlDUW_PvXW7vJ-7VGvFtPQlazK0awmKpt97g9jbBmG8DQ3iFHJO2ftDiuedhsRGTbMYaZTu4eMGpWcCP_5Fey9LT8RTLC8HyJUQm1MZ97GQCeObTguTKM2LbSV04JfJy1JZEV-X9ZjHzodaqMQ==\" rel=\"nofollow\" target=\"_blank\">X<\/a> at @podcastone.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>All statements other than statements of historical facts contained in this press release are \u201cforward-looking statements,\u201d which may often, but not always, be identified by the use of such words as \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201cwill likely result,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201ccontinue,\u201d \u201ctarget\u201d or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne\u2019s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne\u2019s and PodcastOne\u2019s ability to consummate any proposed financing, acquisition, merger, distribution or other transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne\u2019s ability to continue as a going concern; PodcastOne\u2019s ability to attract, maintain and increase the number of its listeners; PodcastOne identifying, acquiring, securing and developing content; LiveOne\u2019s intent to repurchase shares of its and\/or PodcastOne\u2019s common stock from time to time under LiveOne\u2019s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne\u2019s ability to maintain compliance with certain financial and other covenants; PodcastOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management\u2019s relationships with industry stakeholders; LiveOne\u2019s ability to extend and\/or refinance its indebtedness and\/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and\/or PodcastOne\u2019s and\/or LiveOne\u2019s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and\/or LiveOne\u2019s other subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in PodcastOne\u2019s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on July 1, 2024, PodcastOne\u2019s Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024, filed with the SEC on February 14, 2025, and in PodcastOne\u2019s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and PodcastOne disclaims any obligation to update these statements, except as may be required by law. PodcastOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.<\/p>\n<p>\n        <strong>Use of Non-GAAP Financial Measures*<\/strong><br \/>\n        <br \/>To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization (&#8220;Adjusted EBITDA&#8221;), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.<\/p>\n<p>We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segment. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.<\/p>\n<p>Contribution Margin (Loss) is defined as Revenue less Cost of Sales. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.<\/p>\n<p>With respect to projected full fiscal year 2025 and 2026 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.<\/p>\n<p>\n        <strong>Press Contacts:<\/strong><br \/>\n        <br \/>310.246.4600<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OMfxZlPVbNc-Rmfzn1d9VgM9j4_QCR86tkOE1_kfUc1ZL08UgM9mW4J_QltKgx7bM0w2auBbrBuiWonGEexQD6d2IHjROQaji5TEQr8GCGMVhfypW8xRO_oP3heF6boB-tJC1e6EdBfnAbJrpWL7Ldg4bBtXWkbJ7zfHGlFH5g_Xo47pT_5DvCAjJMHZseyb006GTnVBubXT9-nhKzwAnW7UEkaZ1HRS2Jqk-GQ-gRHC7cNGYVSrkzitGcmCztSathxQng4BMhMv1iCKHE1LvQ==\" rel=\"nofollow\" target=\"_blank\">Susan@Guttmanpr.com<\/a><\/p>\n<p>\n        <strong>IR Contact:<\/strong><br \/>\n        <br \/>Chris Donovan<br \/>914-352-5853<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FMAh2o_EvQsHLbEfym0o57--W0HQWHgq2npsNcbV8UoLEdJKOndiLWDXsizIm2bWSgR2sZbt3u-saC6p9CJN5Ub7-8e4ofjFK3HzVdAfZyQW9_jRUln7lxYNDq9YBtGbNf7wgYXKFgJhwTU2LWZtHAa12Cj8mYM8Yupytk6bPQiCL6spBHQbU5Q7WA-yEBhNPKxqubRlRhLT01wm_FCu1_b-9_Uqy5odOIYPNxpvRJK8zu3_Pv5CQkNepfj6XAI8cJTnQv25bgEO4x9CvH4VFb1TOKcWXlu5gPS5-KEySa0_MB_E2xjTtd28t0FFsVtiStXLiY36UWxSCRzTg7u64WJJNC-6vIBMTgYeWIcr_LJ9oH5ZISHlhT3ZeRrkbD9TM0loTWcYAmhCpwN_CJlFucG4BwnaGD2UZ9J3l1Mf5zeDO_Zru1SdjyqzJ4YW6SR4\" rel=\"nofollow\" target=\"_blank\">PODC@mzgroup.us<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQyMzM5OSM2ODY5NTA4IzIwODI1NTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODIyZmE5MWUtZmM3Yi00OTU1LThlOGItYTY2NDRlOTAxMDFjLTEwOTQxMjItMjAyNS0wNC0xNi1lbg==\/tiny\/PodcastOne.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Expects Record Revenue: Exceeds $51 million for FY 2025, with Q4 revenue over $13 million and Adjusted EBITDA* above $500,000 FY 2026 Guidance: Revenues: $55-60 million Adjusted EBITDA*: $2.5-4 million Industry Ranking: #9 on Podtrac for March 2025 Kit Gray, President of PodcastOne, to present at Trump Mar-a-Lago today LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) &#8212; PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today that Kit Gray, President of PodcastOne, will present a business update and provide financial guidance to investors at Trump Mar-a-Lago today, Wednesday, April 16, 2025, as well as certain preliminary financial results for its fiscal year ended March 31, 2025 (\u201cFY 2025\u201d) and other updates. PodcastOne\u2019s full roster of top ranked &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/podcastone-nasdaq-podc-to-present-record-revenues-at-trump-mar-a-lago-today\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PodcastOne (Nasdaq: PODC) to Present Record Revenues at Trump Mar-a-Lago Today&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838026","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PodcastOne (Nasdaq: PODC) to Present Record Revenues at Trump Mar-a-Lago Today - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/podcastone-nasdaq-podc-to-present-record-revenues-at-trump-mar-a-lago-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PodcastOne (Nasdaq: PODC) to Present Record Revenues at Trump Mar-a-Lago Today - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Expects Record Revenue: Exceeds $51 million for FY 2025, with Q4 revenue over $13 million and Adjusted EBITDA* above $500,000 FY 2026 Guidance: Revenues: $55-60 million Adjusted EBITDA*: $2.5-4 million Industry Ranking: #9 on Podtrac for March 2025 Kit Gray, President of PodcastOne, to present at Trump Mar-a-Lago today LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) &#8212; PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today that Kit Gray, President of PodcastOne, will present a business update and provide financial guidance to investors at Trump Mar-a-Lago today, Wednesday, April 16, 2025, as well as certain preliminary financial results for its fiscal year ended March 31, 2025 (\u201cFY 2025\u201d) and other updates. 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