Stingray Group Inc (FRA:3170)
€ 9.2 -0.10 (-1.08%) Market Cap: 644.28 Mil Enterprise Value: 970.03 Mil PE Ratio: 0 PB Ratio: 4.91 GF Score: 74/100

Q4 2025 Stingray Group Inc Earnings Call Transcript

Jun 11, 2025 / 02:00PM GMT
Release Date Price: €6.1 (+15.09%)

Key Points

Positve
  • Advertising revenues from the broadcast and recurring commercial music segment increased by more than 45% for the second consecutive year.
  • Stingray Group Inc (STGYF) launched new channels like Cozy Cafe, Movie Music, Stargaze, and Cityscapes, positioning itself as a leading global supplier of musical and NBN channels for connected TVs.
  • The company achieved double-digit organic growth for the second straight year, with a 12.3% year-over-year increase in fiscal 2025.
  • Net debt was reduced by more than $27 million, closing the year with a net debt to pro forma adjusted EBITDA ratio of 2.28.
  • Broadcasting and commercial music revenues increased by 17.8% to $254 million in fiscal 2025, driven by higher fast channel revenues and positive foreign exchange impacts.
Negative
  • Revenues in other countries decreased by 5.5% to $11.2 million in the most recent quarter, mainly due to lower commercial revenues.
  • The adjusted EBITDA margin was partially offset by greater variable expenses related to higher salaries.
  • Corporate adjusted EBITDA amounted to a negative $1.7 million in Q4 2025 compared to a negative $1.5 million in Q4 2024.
  • Cash flow from operating activities declined to $39.7 million in Q4 2025 from $44.3 million in Q4 2024, primarily due to a foreign exchange loss and higher income taxes paid.
  • The company is facing challenges in the retail media segment, requiring significant effort to evangelize the market and improve data reporting for advertisers.
Operator

Good morning ladies and gentlemen, and welcome to the Stingray Group Inc Q4 2025 results call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session.

If at any time during this call you require immediate assistance, please press 0 for the operator.

This call is being recorded on Wednesday, June 11th, 2025.

I would now like to turn the confidence over to Lloyd Feldman. Please go ahead.

Lloyd Feldman
Stingray Group Inc - Senior Vice President, General Counsel, Corporate Secretary

Good morning everybody, and thank you for joining us for Stingrayce's conference call for its 4th quarter and fiscal year ended March 31, 2025.

Today, Eric Boyko, President, Chief Executive Officer, and co-founder, and Maria Eleoulnier, interim Chief Financial Officer, will be presenting Stingray's operational and financial highlights. Our press release reporting Stingray's 4th quarter and full year results for fiscal 2025 was issued yesterday after the markets closed. Our press

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