# Arena Group Holdings Inc. (AREN)

**Exchange:** NYSE  
**Sector:** Communication Services  
**Market cap:** $64M  
**Price:** $1.34 (+3.88%)

> Arena Group Holdings Inc. is a diversified media and entertainment company specializing in publishing, rights management, and content production. The company is dedicated to the development and distribution of digital media properties and platforms, offering a comprehensive range of services including digital advertising, subscription-based content, and multimedia storytelling. Arena Group Holdings focuses on creating engaging and high-quality content across various genres such as sports, lifestyle, and business. Through its strategic partnerships and acquisitions, the company operates a network of websites, digital channels, and magazines, reaching diverse audiences across multiple consumer segments. Its significant imprint in the media industry highlights its capacity to adapt to changing consumer preferences and technological advancements, thus playing a crucial role in shaping contemporary digital content consumption.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $135M | $68M | $41M | $125M | — |
| 2024 | $126M | $56M | $8M | -$101M | — |
| 2023 | $144M | $55M | -$17M | -$56M | — |
| 2022 | $221M | $88M | -$56M | -$71M | — |
| 2021 | $189M | $79M | -$84M | -$90M | — |
| 2020 | $128M | $25M | -$71M | -$89M | — |
| 2019 | $53M | $6M | -$41M | -$39M | — |
| 2018 | $6M | -$2M | -$14M | -$26M | — |
| 2017 | $76,995 | -$2M | -$6M | -$6M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $113M | $117M | -$5M | $10M | $98M |
| 2024 | $116M | $247M | -$130M | $4M | $110M |
| 2023 | $189M | $248M | -$59M | $9M | $102M |
| 2022 | $204M | $243M | -$52M | $14M | $66M |
| 2021 | $174M | $212M | -$52M | $9M | $70M |
| 2020 | $214M | $216M | -$20M | $9M | $62M |
| 2019 | $197M | $178M | -$37M | $9M | $31M |
| 2018 | $37M | $30M | -$11M | $2M | $252,500 |
| 2017 | $7M | $3M | $3M | $619,249 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $39M | — | $39M |
| 2024 | -$16M | $54,000 | -$16M |
| 2023 | -$25M | — | — |
| 2022 | -$11M | $530,000 | -$12M |
| 2021 | -$15M | $377,000 | -$15M |
| 2020 | -$32M | $1M | -$34M |
| 2019 | -$57M | $150,763 | -$57M |
| 2018 | -$7M | $31,625 | -$7M |
| 2017 | -$4M | $59,481 | -$4M |
| 2013 | -$143,648 | — | — |
| 2012 | -$141,962 | — | — |
| 2011 | -$98,738 | — | — |
| 2010 | -$182,518 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/AREN)