Gaia, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 27, 2024 at 04:50 pm EDT
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Gaia, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 20.71 million compared to USD 19.58 million a year ago. Net loss was USD 1.84 million compared to USD 1.18 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.05 a year ago. Basic loss per share was USD 0.08 compared to USD 0.05 a year ago. Diluted loss per share was USD 0.08 compared to USD 0.05 a year ago.
For the full year, sales was USD 80.42 million compared to USD 82.04 million a year ago. Net loss was USD 5.8 million compared to USD 3.88 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.17 a year ago. Basic loss per share was USD 0.27 compared to USD 0.19 a year ago. Diluted loss per share was USD 0.27 compared to USD 0.19 a year ago.
Gaia, Inc. is a media and community company. Gaia is its member-supported global video streaming service and community that produces and curates media through four primary channels: Seeking Truth, Transformation, Alternative Healing and Yoga in four languages, such as English, Spanish, French and German to its members in about 185 countries. Its digital content library includes over 10,000 titles and live events, with a selection of titles available in Spanish, German, and French. Its members have unlimited access to its library of films, documentaries, interviews, yoga classes, transformation-related content and more. Through its Yoga channel, its members have unlimited access to streaming yoga, eastern arts, and other movement-based classes. Through its Transformation channel, it features content in the niche areas of spiritual growth, personal development, and others. Its Alternative Healing channel features content focused on food and nutrition, holistic healing, and others.