- CuriosityStream Inc. (CURI, Financial) reports first-ever positive net income for Q1 2025, marking a historic milestone.
- Q1 2025 revenue increased by 26% YoY, reaching $15.1 million.
- The dividend program doubled, now $0.32 annually with a $0.08 dividend payable on June 20, 2025.
CuriosityStream Inc. (CURI), a leading global factual entertainment company, announced significant improvements in its financial performance for the first quarter ending March 31, 2025. For the first time, the company reported a positive net income of $0.3 million, a significant turnaround from a net loss of $5.0 million in the same quarter last year. This achievement is attributed to the company's focus on content and strategic growth initiatives.
The quarter's revenue increased by 26% year-over-year, reaching $15.1 million compared to $12.0 million in Q1 2024. Additionally, CuriosityStream saw a strong improvement in adjusted EBITDA to $1.1 million from a loss of $2.8 million in the previous year, alongside a gross profit increase to $8.0 million, or 53.1% of revenue.
In line with its confidence in future performance, CuriosityStream's Board of Directors authorized a 100% increase in the dividend program, raising the quarterly dividend to $0.08 per share. The dividend is scheduled for distribution on June 20, 2025, to shareholders on record as of June 6, 2025.
Looking ahead, CuriosityStream projects a Q2 2025 revenue growth between 30-37% year-over-year, with expected revenues ranging from $16.0 million to $17.0 million and adjusted free cash flow between $2.0 million to $3.0 million. The company continues to expand its content portfolio, securing significant new licensing agreements, and launching services across North and Latin America.
