CNVS · Cineverse Corp.
One customer — 43% of revenue (three months ended June 30, 2026)
“For the three months ended June 30, 2026 and 2025, a single customer represented 43% and 27% of revenues, respectively.”
One customer — 27% of revenue (three months ended June 30, 2025)
“For the three months ended June 30, 2026 and 2025, a single customer represented 43% and 27% of revenues, respectively.”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q1 FY27 earnings call · Aug 13, 2026TL;DR. Cineverse reported Q1 FY27 revenue of $30.6 million, up 175% year-over-year, driven by the Giant Worldwide and IndiCue acquisitions, with adjusted EBITDA of $0.5 million (a $2.6 million YoY improvement). Management reaffirmed full-year FY27 guidance of $115–$120 million in revenue and $10–$20 million in adjusted EBITDA, while expanding cost-reduction and synergy targets to $13 million annually.
- + Revenue surged 175% year-over-year to $30.6 million, driven by the Giant Worldwide and IndiCue acquisitions.
- + Adjusted EBITDA improved by $2.6 million YoY to $0.5 million, marking the second consecutive positive quarter.
- + Company reaffirmed FY27 guidance of $115–$120 million in revenue and $10–$20 million in adjusted EBITDA.
- + Management expanded cost-reduction and synergy program to $13 million annually, with majority expected to hit P&L in Q3/Q4.
- + Cash flow from operations improved by more than $13 million YoY, with management expecting lower capex going forward.
- + Streaming delivered record engagement: 4.5 billion minutes streamed (up 33% YoY), 122.8 million viewers (up 12%), and 1.52 million SVOD subscribers (up 12%).
- − Net loss attributable to common stockholders widened to $5.8 million from $3.6 million YoY.
- − Direct operating margin compressed to 35% from 57% in the prior quarter, driven by 79% revenue-share expense on advertising technology.
- − Working capital is negative $18.9 million, including $18 million of deferred consideration and earnout that may be settled in equity.
- − Q1 had no wide theatrical releases compared to the prior-year quarter, which benefited from Terrifier 3's ancillary run.
- − SG&A rose 30% to $11.6 million due to acquisition-related compensation, marketing, and integration costs.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $0.5M | Q1 FY 2027 | — |
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| Minutes streamed | 4.5B | Q1 FY 2027 | — |
| Streaming viewers | 122.8M | Q1 FY 2027 | — |
| SVOD subscribers | 1.52M | Q1 FY 2027 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Entertainment — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CNVS
this stock
Cineverse Corp.
|
$48.49M | -5.2% | -15.9% | — | 1.6% |
|
NFLX
Netflix Inc
|
$296.24B | -25.8% | +15.9% | 22.4 | 2.3% |
|
DIS
Walt Disney Co
|
$178.64B | -7.8% | +3.4% | 21.4 | 1.1% |
|
WBD
Warner Bros. Discovery, Inc.
|
$77.48B | +7.4% | +53.5% | — | 2.4% |
|
LYV
Live Nation Entertainment, Inc.
|
$40.26B | +18.8% | +8.8% | — | 9.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CNVS | -2.0% | -14.9% | -17.4% | -16.0% | -5.2% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -1.3% | -15.0% | -29.5% | -15.4% | -17.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.