PODC earnings analysis
What we found in PODC's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
PodcastOne generated $16.125 million of revenue in the quarter, 9.3% below the $17.7776 million consensus estimate, and reported diluted EPS of negative $0.05 versus the $0.01 estimate. The operating trend was mixed: adjusted EBITDA reached a record $1.576 million and cash increased to $7.014 million, but the company still recorded a $1.6 million net loss and $(0.4) million of operating cash flow. The 10-Q provided no updated quantitative guidance, while liquidity, continuing losses and secured LiveOne-related debt remain the principal risks.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue reached $16.125 million
- Revenue was $16.125 million, although it missed the $17.7776 million consensus estimate by $1.6526 million, or 9.3%.
- Adjusted EBITDA rose 172%
- Adjusted EBITDA reached a record $1.576 million, increasing 172% year over year.
- Cash balance increased to $7.014 million
- Cash and cash equivalents increased to $7.014 million as of June 30, 2026.
- Disclosure controls remained effective
- Management reported that disclosure controls and procedures were effective as of June 30, 2026, with no changes in internal control that materially affected or were reasonably likely to materially affect reporting.
- Debt covenants remained compliant
- LiveOne was in compliance with the Debenture covenants as of June 30, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Losses and liquidity remain material
- The company reported a net loss of $1.6 million for the three months ended June 30, 2026, compared with a $6.5 million loss for fiscal 2026. It also reported $(0.4) million of operating cash flow, an accumulated deficit of $40.3 million, working capital of $1.5 million and total liabilities of $13.4 million, creating continuing going-concern and funding risk.
- Secured debt and redemption exposure
- As of June 30, 2026, $13.1 million of Debenture principal was due and scheduled to mature in fiscal 2029; holders could require redemptions of up to $2.9 million in fiscal 2027, $2.9 million in fiscal 2028 and $11.2 million in fiscal 2029. The debt is secured by substantially all of the company's and its subsidiaries' assets, increasing acceleration and collateral-loss risk if LiveOne defaults.
- Debt covenants constrain flexibility
- LiveOne's consolidated indebtedness was $14.8 million, net of fees and discounts, as of June 30, 2026. The financing agreements require maintenance of a minimum cash amount and restrict transactions including investments, dividends, share repurchases and certain changes of control, limiting operating and financing flexibility.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.05
What they said about what is next.
The 10-Q provided no quantitative revenue or EPS guidance. The previously cited fiscal 2027 revenue outlook of $68.0 million-$75.0 million was not reiterated or updated.
The filing reads about the same as the one before it.
What came before.
- 10-K · June 29, 2026
- PodcastOne's 2026 10-K reflects continued growth in revenue, reaching $61.7 million, up 18% year-over-year, with substantial cash balance growth of 225% to $3.5 million. The company plans to enhance its competitive…
- 10-Q · February 13, 2026
- PodcastOne reported record quarterly revenue of $15.856M (three months ended December 31, 2025) with materially improved margins and a narrowing loss: gross margin expanded to ~16.5% and operating margin improved to…
- 10-K · July 2, 2025
- PodcastOne reported fiscal 2025 revenue of $52.1 million, up 20% from $43.3 million in fiscal 2024, driven largely by advertising. Key strategic moves include a three-year Enterprise Service and Advertising Agreement…
- 10-Q · November 14, 2024
- PodcastOne reported quarterly revenue of $12,154 (as reported in the filing) and a materially reduced net loss of $1,669 for the three months ended September 30, 2024 versus a $10,873 loss in the prior-year quarter.…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing PODC makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever