Professional
Added to YB: 2024-04-12
Pitch date: 2024-04-10
PODC [bearish]
PodcastOne, Inc.
-8.14%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
PodcastOne, Inc. operates as a podcast platform and publisher. The company provides its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others.
Market Cap
$63.5M
Pitch Price
$2.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
-13.78
P/E
-11.05
EV/Sales
1.07
Sector
Entertainment
Category
N/A
Pernas Research Passes On: PodcastOne, Inc.
PODC: Spun off Sept '22, mrkt cap $51M at $2.22/sh. Consolidator acquiring podcast distribution & ad rights w/ creator rev splits. Controversy around Kast Media deal (CEO allegedly reneged on creator payments). Relationship w/ parent LiveOne needs work. Passing for now.
Read full article (1 min)