The Arena Group Holdings, Inc. announced financial results for the fourth quarter and full year ended December 31, 2024, on April 15, 2025. The company reported income from continuing operations of $7.213 million for Q4 2024, a significant improvement from a loss of $2.392 million in Q4 2023.
This marks the second consecutive profitable quarter for The Arena Group. For the full year 2024, the loss from continuing operations improved to $7.667 million, compared to a loss of $37.215 million in fiscal year 2023.
Total revenue for Q4 2024 was $36.228 million, down from $44.144 million in Q4 2023, while full-year 2024 revenue was $125.907 million, down from $143.630 million in FY 2023. Gross profit for Q4 2024 increased to $19.074 million from $17.778 million in Q4 2023. CEO Paul Edmondson stated the company expects to be profitable in every quarter of 2025, citing the success of the 'competitive publishing' model on Athlon Sports and its rollout to Men's Journal, Parade, and TheStreet.
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