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Stocks · Communication · Cable & Other Pay Television Services

Arena Group Holdings, Inc.

AREN Clue Score37
United States Fiscal year ends December CIK 0000894871
$1.12 +19.15% Close, 28 Aug 2026
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Price $1.12 +83.61% Close, 28 Aug 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue0.1Operating income−6.3Net income−6.3Fiscal year 2018Revenue5.7 +7,303.3%Operating income−14.0Net income−26.1Fiscal year 2019Revenue53.3 +835.8%Operating income−40.8Net income−38.5Fiscal year 2020Revenue128.0 +140.0%Operating income−71.2Net income−89.2Fiscal year 2021Revenue189.1 +47.7%Operating income−84.3Net income−89.9Fiscal year 2022Revenue220.9 +16.8%Operating income−55.9Net income−70.9EPS, diluted−4.02Fiscal year 2023Revenue143.6 −35.0%Operating income−17.5Net income−55.6EPS, diluted−2.49Fiscal year 2024Revenue125.9 −12.3%Operating income7.9Net income−100.7EPS, diluted−2.85Fiscal year 2025Revenue134.8 +7.1%Operating income40.8Net income124.9EPS, diluted2.62
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.1 5.7 53.3 128.0 189.1 220.9 143.6 125.9 134.8
Growth +7,303.3% +835.8% +140.0% +47.7% +16.8% −35.0% −12.3% +7.1%
Operating income −6.3 −14.0 −40.8 −71.2 −84.3 −55.9 −17.5 7.9 40.8
Net income −6.3 −26.1 −38.5 −89.2 −89.9 −70.9 −55.6 −100.7 124.9
Growth
EPS, diluted n/a n/a n/a n/a n/a −4.02 −2.49 −2.85 2.62

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin−1,965.9%Operating margin−8,246.4%Net margin−8,162.0%Free cash flow margin−5,524.9%Fiscal year 2018Gross margin−34.1%Operating margin−245.8%Net margin−457.3%Free cash flow margin−130.7%Fiscal year 2019Gross margin11.3%Operating margin−76.5%Net margin−72.2%Free cash flow margin−107.1%Fiscal year 2020Gross margin19.5%Operating margin−55.6%Net margin−69.7%Free cash flow margin−26.2%Fiscal year 2021Gross margin41.6%Operating margin−44.6%Net margin−47.6%Free cash flow margin−8.0%Fiscal year 2022Gross margin39.8%Operating margin−25.3%Net margin−32.1%Free cash flow margin−5.4%Fiscal year 2023Gross margin38.5%Operating margin−12.2%Net margin−38.7%Fiscal year 2024Gross margin44.3%Operating margin6.2%Net margin−80.0%Free cash flow margin−12.8%Fiscal year 2025Gross margin50.7%Operating margin30.3%Net margin92.6%Free cash flow margin29.1%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −1,965.9% −34.1% 11.3% 19.5% 41.6% 39.8% 38.5% 44.3% 50.7%
Operating margin −8,246.4% −245.8% −76.5% −55.6% −44.6% −25.3% −12.2% 6.2% 30.3%
Net margin −8,162.0% −457.3% −72.2% −69.7% −47.6% −32.1% −38.7% −80.0% 92.6%
Free cash flow margin −5,524.9% −130.7% −107.1% −26.2% −8.0% −5.4% n/a −12.8% 29.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−4.2Capital expenditure−0.1Free cash flow−4.3Fiscal year 2018Operating cash flow−7.4Capital expenditure−0.0Free cash flow−7.4Fiscal year 2019Operating cash flow−57.0Capital expenditure−0.2Free cash flow−57.1Fiscal year 2020Operating cash flow−32.3Capital expenditure−1.2Free cash flow−33.5Fiscal year 2021Operating cash flow−14.7Capital expenditure−0.4Free cash flow−15.1Fiscal year 2022Operating cash flow−11.3Capital expenditure−0.5Free cash flow−11.8Fiscal year 2023Operating cash flow−24.8Fiscal year 2024Operating cash flow−16.1Capital expenditure−0.1Free cash flow−16.1Fiscal year 2025Operating cash flow39.2Capital expenditure0.0Free cash flow39.2
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −4.2 −7.4 −57.0 −32.3 −14.7 −11.3 −24.8 −16.1 39.2
Capital expenditure −0.1 −0.0 −0.2 −1.2 −0.4 −0.5 n/a −0.1 0.0
Free cash flow −4.3 −7.4 −57.1 −33.5 −15.1 −11.8 n/a −16.1 39.2
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.6Shareholders’ equity3.0Fiscal year 2018Cash2.4Total debt0.3Net cash (debt)2.2Shareholders’ equity−10.7Fiscal year 2019Cash8.9Total debt44.0Net cash (debt)−35.2Shareholders’ equity−37.1Fiscal year 2020Cash9.0Total debt62.2Net cash (debt)−53.2Shareholders’ equity−20.3Fiscal year 2021Cash9.3Total debt70.1Net cash (debt)−60.8Shareholders’ equity−51.7Fiscal year 2022Cash13.9Total debt131.4Net cash (debt)−117.5Shareholders’ equity−52.1Fiscal year 2023Cash9.3Total debt204.6Net cash (debt)−195.3Shareholders’ equity−59.0Fiscal year 2024Cash4.4Total debt110.4Net cash (debt)−106.1Shareholders’ equity−130.3Fiscal year 2025Cash10.3Total debt97.6Net cash (debt)−87.2Shareholders’ equity−4.8
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.6 2.4 8.9 9.0 9.3 13.9 9.3 4.4 10.3
Total debt n/a 0.3 44.0 62.2 70.1 131.4 204.6 110.4 97.6
Net cash (debt) n/a 2.2 −35.2 −53.2 −60.8 −117.5 −195.3 −106.1 −87.2
Shareholders’ equity 3.0 −10.7 −37.1 −20.3 −51.7 −52.1 −59.0 −130.3 −4.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−1,965.9% −34.1% 11.3% 19.5% 41.6% 39.8% 38.5% 44.3% 50.7%
−8,246.4% −245.8% −76.5% −55.6% −44.6% −25.3% −12.2% 6.2% 30.3%
−8,162.0% −458.9% −108.8% −69.5% −48.4% −31.0% −25.8% −5.9% 21.6%
−8,162.0% −457.3% −72.2% −69.7% −47.6% −32.1% −38.7% −80.0% 92.6%
−5,524.9% −130.7% −107.1% −26.2% −8.0% −5.4% n/a −12.8% 29.1%
Spending
149.2% 20.7% n/a n/a n/a n/a n/a n/a n/a
6,131.3% 180.5% 55.3% 28.1% 29.4% 24.2% 30.5% 24.1% 12.7%
77.3% 0.6% 0.3% 0.9% 0.2% 0.2% n/a 0.0% 0.0%
n/a n/a n/a n/a n/a n/a n/a n/a 1.8%
Returns
−210.6% n/a n/a n/a n/a n/a n/a n/a n/a
−95.7% −70.2% −19.5% −41.7% −51.7% −34.8% −29.4% −86.6% 110.9%
Balance and payout
52.0% 79.8% 90.6% 100.9% 121.7% 119.1% 131.1% 211.9% 104.3%