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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
200 Vesey Street, 24th Floor, New York, NY, 10281, United States
212-321-5002
www.thearenagroup.net
Market Cap
$111.07M
P/E (TTM)
0.9
0
Dividend Yield
--
52W High
$10.05
52W Low
$1.46
52W Range
10%
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

Q4 2025 Data

Revenue

$28.24M+0.00%
4-Quarter Trend

EPS

$0.11+0.00%
4-Quarter Trend

FCF

$11.50M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth and Margin Expansion Total revenue reached $134.8M, up 7.1%; Gross profit increased 22.7% to $68.3M, boosting margin to 50.7%.
Operational Income Soars Income from operations surged 418.4% to $40.8M, driven by cost reductions from the entrepreneurial publishing model.
Balance Sheet Strength Improved Working capital flipped to a $18.6M surplus from a $82.0M deficit; total debt obligations decreased to $97.7M.
Discontinued Operations Impact Net income was $124.9M, heavily influenced by $96.3M income from discontinued operations versus a $93.0M loss prior.

Risk Factors

ICFR Material Weakness Internal controls over financial reporting were not effective due to material weakness in validating programmatic advertising revenue data.
Traffic Decline Noted Monthly average pageviews fell 9% to 304.4M, primarily due to the cessation of FanNation operations in March 2024.
Competitive Digital Landscape Intense competition from large technology platforms threatens market share and advertising spend capture across all verticals.
Regulatory Compliance Exposure Evolving global privacy laws and data protection regulations create ongoing compliance costs and potential litigation risk.

Outlook

Diversify Revenue Streams Focus on expanding e-commerce capabilities and leveraging the 2025 ShopHQ acquisition for first-party customer data.
Maintain Platform Scalability Continue leveraging unified technological infrastructure to efficiently scale owned brands and support independent Publisher Partners.
Strategic Audience Expansion Aim to grow reach by deepening engagement in core verticals while selectively entering new high-value content categories.
Protect Brand Trust Prioritize retaining brand trust and journalism integrity given recent advances and risks associated with Generative AI.

Peer Comparison

Revenue (TTM)

SSP stock ticker logoSSP
$2.15B
-14.3%
THRY stock ticker logoTHRY
$785.02M
-4.7%
ATNI stock ticker logoATNI
$727.98M
-0.2%

Gross Margin (Latest Quarter)

TRVG stock ticker logoTRVG
93.2%
-0.4pp
UPXI stock ticker logoUPXI
81.4%
+22.4pp
TRUE stock ticker logoTRUE
79.6%
-3.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
NEXN$434.61M15.35.2%4.2%
ATNI$400.81M-26.9-3.3%41.5%
SSP$398.93M-3.0-7.9%54.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.9%
Flat Growth
4Q Net Income CAGR
9.9%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 21, 2026
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EPS:-
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Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
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Ratios
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Income Statement
LTM
No Data