ARENA GROUP HOLDINGS INC
AREN NYSEMKT Communication Services
$2.04
Apr 1, 2026
Mkt Cap: $159.7M
ROC: 471.6% EY: 53.5%
Price History
Avg P/E: 2.4 Avg P/FCF: 7.2
Income Statement
| Metric | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 77.0K | 5.7M | 53.3M | 128.0M | 189.1M | 220.9M | 143.6M | 125.9M | 134.8M |
| Cost of Revenue | 0 | 1.6M | 7.6M | 47.3M | 103.1M | 110.5M | 132.9M | 88.4M | 70.2M | 66.5M |
| Gross Profit | 0 | -1.5M | -1.9M | 6.0M | 25.0M | 78.6M | 88.0M | 55.3M | 55.7M | 68.3M |
| Operating Expenses | 225.7K | 4.8M | 12.1M | 46.9M | 96.2M | 162.9M | 143.9M | 72.7M | 47.8M | 27.6M |
| Operating Income | -225.7K | -6.3M | -14.0M | -40.8M | -71.2M | -84.3M | -55.9M | -17.5M | 7.9M | 40.8M |
| Interest Expense | 0 | 0 | 2.5M | 10.5M | 16.5M | 10.4M | 11.4M | 18.0M | 14.7M | 11.4M |
| Pre-Tax Income | -196.3K | -6.3M | -26.2M | -58.0M | -89.0M | -91.6M | -71.9M | -55.4M | -100.5M | 125.4M |
| Income Tax | 800 | 0 | -91.6K | -19.5M | 210.8K | -1.7M | -1.1M | 197.0K | 249.0K | 520.0K |
| Net Income | -197.1K | -6.3M | -26.1M | -38.5M | -89.2M | -89.9M | -70.9M | -55.6M | -100.7M | 124.9M |
| EPS (Basic) | -0.44 | -9.20 | -37.20 | -22.90 | -50.18 | -7.87 | -4.02 | -2.49 | -2.85 | 2.63 |
| EPS (Diluted) | -0.44 | -9.20 | -37.20 | -22.90 | -50.18 | -7.87 | -4.02 | -2.49 | -2.85 | 2.62 |
| Shares Outstanding | 415.9K | 678.1K | 1.2M | 1.7M | 2.1M | 11.4M | 17.6M | 22.3M | 35.4M | 47.5M |
Years 9 - 18 of 18
Balance Sheet
| Metric | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 545.7K | 3.6M | 2.5M | 9.5M | 9.5M | 9.9M | 14.4M | 9.3M | 4.4M | 10.3M |
| Short-term Investments | 1.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 53.2K | 0 | 16.2M | 16.5M | 32.9M | 34.0M | 31.7M | 31.1M | 22.3M |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 2.4M | 3.9M | 9.5M | 48.2M | 73.8M | 77.7M | 78.7M | 90.4M | 40.2M | 35.6M |
| Property & Equipment | 0 | 54.7K | 68.8K | 4.6M | 19.4M | 1.2M | 1.1M | 504.0K | 2.5M | 2.1M |
| Goodwill & Intangibles | 0 | 2.7M | 27.4M | 113.4M | 95.0M | 86.3M | 108.6M | 78.8M | 73.5M | 74.7M |
| Total Assets | 2.4M | 6.6M | 37.2M | 197.0M | 214.2M | 174.0M | 203.7M | 188.9M | 116.4M | 112.6M |
| Accounts Payable | 9.6K | 162.3K | 4.9M | 9.6M | 8.2M | 12.0M | 12.9M | 7.8M | 4.8M | 1.7M |
| Short-term Debt | 0 | 0 | 1.4M | 2.9M | 8.2M | 18.1M | 115.0M | 130.2M | 254.0K | 402.0K |
| Total Current Liabilities | 86.0K | 416.4K | 21.5M | 87.5M | 107.6M | 116.4M | 216.4M | 236.0M | 122.3M | 17.0M |
| Long-term Debt | 0 | 3.0M | 7.6M | 59.4M | 82.1M | 65.2M | 358.0K | 0 | 123.1M | 99.6M |
| Total Liabilities | 254.5K | 3.4M | 29.7M | 178.4M | 216.1M | 211.8M | 242.7M | 247.7M | 246.5M | 117.4M |
| Total Equity | 2.1M | 3.0M | -10.7M | -37.1M | -20.3M | -51.7M | -52.1M | -59.0M | -130.3M | -4.8M |
| Total Liab. & Equity | - | - | - | - | - | - | - | - | - | - |
Years 9 - 18 of 18
Cash Flow Statement
| Metric | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -197.1K | -6.3M | -26.1M | -38.5M | -89.2M | -89.9M | -70.9M | -55.6M | -100.7M | 124.9M |
| Depreciation & Amort. | 0 | 524.7K | 2.5M | 10.7M | 24.8M | 25.2M | 27.1M | 27.7M | 12.1M | 9.2M |
| Operating Cash Flow | -153.2K | -4.2M | -7.4M | -57.0M | -32.3M | -14.7M | -11.3M | -24.8M | -16.1M | 39.2M |
| Capital Expenditures | 0 | -2.0M | -2.2M | -2.7M | -5.0M | -5.2M | -5.7M | -2.7M | -5.2M | -7.0M |
| Acquisitions | 0 | 0 | -21.4M | -16.3M | -315.3K | -8.0M | -35.3M | -500.0K | 0 | 0 |
| Investing Cash Flow | 156.7K | -2.0M | -23.6M | -19.0M | -4.9M | -13.1M | -38.6M | -3.2M | -5.2M | -9.6M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 6.3M | 1.3M | 0 | 3.8K | 19.8M | 30.6M | 11.3M | 12.0M | 0 |
| Debt Issued/Repaid | 0 | 3.0M | 16.3M | 47.1M | 17.2M | 9.9M | 30.9M | 13.1M | 5.6M | -23.7M |
| Financing Cash Flow | 0 | 9.3M | 29.9M | 82.9M | 37.3M | 28.2M | 54.4M | 22.9M | 16.3M | -23.7M |
| Free Cash Flow | -153.2K | -6.2M | -9.6M | -59.6M | -37.3M | -19.9M | -17.0M | -27.5M | -21.3M | 32.2M |
| Net Change in Cash | 3.5K | 3.0M | -1.1M | 6.9M | 61.6K | 316.0K | 4.5M | -5.1M | -4.9M | 6.0M |
Years 9 - 18 of 18