
The Arena Group Holdings, Inc.
AMEX•AREN
CEO: Mr. Manoj Bhargava
Sector: Communication Services
Industry: Internet Content & Information
Listing Date: 2008-01-29
The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform in the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company also offers content from individual creators to the HubPages network of premium content channels, such as PetHelpful, dengarden and Fashionista for writers, explorers, knowledge seekers, and conversation starters to connect in an interactive and informative online space under the HubPages brand. In addition, it operates the media business for Sports Illustrated brand. Further, the company owns and operates brands, including TheStreet, a financial news and information provider to investors and institutions, and produces business news and market analysis for individual investors; The Spun, an online independent sports publication; Parade, an entertainment coverage with stories and health content; and Men's Journal, a suite of digital assets that provides audience with access to premium active lifestyle brands. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The company is based in New York, New York. The Arena Group Holdings, Inc. operates as a subsidiary of Authentic Brands Group Inc.
Contact Information
Market Cap
$196.98M
P/E (TTM)
1.6
0
Dividend Yield
--
52W High
$10.05
52W Low
$1.20
52W Range
Rank57Top 83.3%
2.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$29.76M-11.31%
4-Quarter Trend
EPS
$0.14+27.27%
4-Quarter Trend
FCF
$8.42M-330.36%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine Months Revenue Growth Nine months revenue $106.59M, increasing 18.9% driven by competitive publishing model adoption effectively.
Continuing Operations Profitability Nine months income from continuing operations $23.27M, reversing prior period loss of $(14.88M).
Balance Sheet Repair Stockholders' deficiency significantly reduced to $(10.39M) from $(130.33M) balance due to income.
Q3 Expense Optimization Q3 operating expenses fell 39.2% reflecting headcount and consulting spend optimization efforts successfully.
Risk Factors
Search Algorithm Dependency Search algorithm changes reduced traffic, adversely impacting digital advertising revenue performance significantly this quarter.
Debt Maturity Risk Simplify and Renew debt matures December 2026; external financing access needed for repayment or restructuring.
Internal Control Weaknesses Material weaknesses in finance policies and third-party data validation controls remain unremediated as of filing date.
Quarterly Revenue Decline Q3 revenue declined 11.3% to $29.76M due to weaker digital advertising performance trends observed.
Outlook
Strategic Acquisitions Completed Acquired Lindy's Sports and Shop HQ assets for $1.0M each in October 2025 to expand content verticals.
Traffic Restoration Focus Management optimizing site structure to restore and grow long-term traffic and visibility performance post-updates.
Share Repurchase Program Announced plan to repurchase up to 3 million common shares through July 2026 funded by operating cash flow.
Going Concern Resolved Management determined no longer substantial doubt regarding ability to continue as going concern for next year.
Peer Comparison
Revenue (TTM)
$181.22M
AREN$142.82M
ILLR$38.08M
Gross Margin (Latest Quarter)
79.6%
ILLR63.2%
AREN50.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AREN | $196.98M | 1.6 | -177.9% | 93.1% |
| TRUE | $187.66M | -10.0 | -16.6% | 6.6% |
| ILLR | $56.13M | -0.2 | 868.9% | 54.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-6.3%
Growth Under Pressure
4Q Net Income CAGR
-0.1%
Stable Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:May 13, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 13, 2025|Revenue: $29.76M-11.3%|EPS: $0.14+27.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 14, 2025|Revenue: $45.01M+65.6%|EPS: $2.29-917.9%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 15, 2025|Revenue: $31.82M+9.9%|EPS: $0.08-102.2%N/AForm 10-K/A - FY 2024
Period End: Dec 31, 2024|Filed: Apr 30, 2025|Revenue: $125.91M-12.3%|EPS: $-2.85-14.5%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Apr 15, 2025|Refer to amended dataForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 14, 2024|Revenue: $33.56M-47.1%|EPS: $0.11-122.9%MeetForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 19, 2024|Revenue: $27.18M-53.8%|EPS: $-0.28-68.2%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 17, 2024|Revenue: $28.94M+1.8%|EPS: $-3.91+276.0%Miss