The Arena Group Holdings, Inc. AREN R2K

Communication Services · Internet Content & Information · United States

https://www.thearenagroup.net

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 that provides tools and services to produce and manage editorially content; audiences bespoke content with optimized design and page construction services; and tools and services for subscription or membership based business and other monetization services, as well as developed proprietary advertising technology, techniques, and relationships to monetize editorially focused online content through various display and video advertisements. It owns and operates brands, such as Athlon Sports, The Spun, Lindy's Sports, Men's Journal, Men's Fitness, Adventure Network, TheStreet, Autoblog, Parade, PetHelpful, Parade Pets, TravelHost, DenGarden, Parade Home & Garden. 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 Simplify Inventions, LLC.

Market & Price

Market Cap

$66.64M

Current Price

$1.40

High / Low (52W)

$7.24 / $1.40

Beta

1.08

Valuation

Stock P/E

3.04

Industry PE

23.46

Forward P/E

3.04

PEG Ratio

1.14

Book Value

$-0.16

Price to Book

-8.97

P/S

0.54

EV/EBITDA

4.25

Dividend Yield

Profitability & Returns

ROCE

42.35%

ROE

ROA

18.58%

Profit Margin

95.75%

Op Margin

-1.49%

EPS (Latest Qtr)

$-0.06

EPS (TTM)

$0.46

Balance Sheet & Liquidity

Debt/Equity

Quick Ratio

1.90

Current Ratio

2.10

Debt

$99.99M

Total Assets

$112.60M

Current Assets

$35.63M

Working Capital

$18.63M

Ownership

Promoter Holding

72.50%

Chg in Prom Hold

0.02%

FII / Inst Holding

9.89%

Chg in FII Hold

0.00%

Financial Snapshot

Enterprise Value

$155.41M

Total Revenue (TTM)

$123.42M

EBITDA

$36.60M

Free Cash Flow

$-75.76M

Operating Cash Flow

$37.55M

Shares Outstanding

47.60M

Gross Margin

48.42%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

-15.18%

Profit 5Y

92.07%

Revenue (YoY)

-35.90%

Earnings (YoY)

PROS

Healthy ROCE of 42.3%.
Excellent profit margin of 95.8%.
Profit CAGR of 92.1% over 5 years.

CONS

Revenue declined at -15.2% CAGR over 5 years.
Trading 80.7% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Communication Services).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	AREN The Arena Group Holdings, Inc. R2K	1.40	3.04	$66.64M	-	42.35%	-	-15.18%	92.07%
2	GOOGL Alphabet Inc. NDXSPXAI	380.34	28.99	$4.61T	0.23%	32.40%	38.88%	12.51%	30.14%
3	META Meta Platforms, Inc. NDXSPXAI	632.51	22.99	$1.61T	0.33%	26.87%	32.93%	19.89%	37.61%
4	NFLX Netflix, Inc. NDXSPXAI	86.02	27.75	$362.21B	-	30.26%	48.49%	12.64%	34.71%
5	APP AppLovin Corporation NDXSPXAI	613.09	53.17	$205.96B	-	70.20%	-	24.84%	609.87%
6	TMUS T-Mobile US, Inc. NDXSPX	187.53	19.93	$202.95B	2.18%	9.27%	18.02%	3.53%	61.90%
7	VZ Verizon Communications Inc. SPX	47.81	11.66	$199.63B	5.92%	8.59%	17.20%	0.33%	-6.86%
8	DIS The Walt Disney Company SPX	101.83	16.29	$176.83B	1.47%	8.46%	11.01%	4.51%	58.00%
9	T AT&T Inc. SPX	24.80	8.16	$172.32B	4.48%	9.23%	18.37%	1.34%	119.18%

Quarterly Results

Figures in USD.

Metric	Sep 2013	Mar 2014	Jun 2014	Sep 2014	Mar 2015	Jun 2015	Sep 2015	Mar 2016	Jun 2016	Sep 2016	Mar 2017	Jun 2017	Sep 2017	Mar 2018	Jun 2018	Sep 2018	Mar 2019	Jun 2019	Sep 2019	Mar 2020	Jun 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	6.06K	86.69K	216.36K	1.16M	6.27M	5.77M	7.59M	30.41M	23.09M	32.09M	33.62M	34.75M	59.58M	48.24M	53.75M	57.28M	28.42M	34.07M	37.00M	28.94M	27.18M	-	-	31.82M	45.01M	29.76M	28.24M	20.41M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16.15M	19.57M	14.83M	15.92M	13.32M
Gross Profit	-	-	-	-	-	-	-	-	-	-	0	-192.04K	-443.50K	-949.02K	-886.46K	-626.16K	621.40K	283.11K	-26.57K	3.67M	-1.78M	7.38M	5.41M	9.44M	27.36M	19.75M	16.13M	24.61M	10.33M	13.22M	13.95M	8.93M	10.72M	-	-	15.67M	25.43M	14.93M	12.32M	7.08M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8.31M	9.02M	5.43M	4.80M	7.38M
Operating Income	-54.83K	-73.91K	-69.03K	-61.56K	-73.71K	-56.35K	-49.64K	-68.01K	-50.88K	-1.49M	-1.00M	-1.59M	-1.78M	-3.57M	-3.88M	-3.61M	-4.86M	-7.15M	-9.70M	-20.19M	-21.59M	-13.77M	-21.72M	-23.26M	-22.39M	-15.44M	-20.63M	-11.79M	-9.71M	-6.35M	-4.47M	-7.95M	-2.58M	-	-	7.36M	16.41M	9.49M	7.52M	-304.00K
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.45M	18.32M	11.74M	9.86M	1.60M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00M	2.94M	2.86M	2.55M	2.46M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.28M	13.39M	6.56M	4.89M	-2.80M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	286.00K	979.00K	-304.00K	-441.00K	-142.00K
Net Income	-57.36K	-61.92K	-70.81K	-56.96K	-60.78K	-51.15K	-52.12K	-73.16K	-43.36K	-1.49M	-1.00M	-1.59M	-1.78M	-3.57M	-5.22M	-8.63M	-8.93M	-10.59M	-19.68M	-22.78M	-23.16M	-21.26M	-25.46M	-20.66M	-24.71M	-18.45M	-22.21M	-16.50M	-19.38M	-19.48M	-11.17M	-103.36M	-8.19M	-	-	4.02M	108.64M	6.87M	5.33M	-2.66M
Diluted EPS	0.00	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	0.00	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.22	-0.90	-1.04	-0.88	-0.47	-3.91	-0.28	-	-	0.08	2.29	0.14	0.11	-0.06
R&D Expense	-	-	-	-	-	-	-	-	-	374.94K	64.02K	9.30K	30.78K	90.40K	96.97K	411.27K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	77.00K	5.70M	53.34M	128.03M	-	220.94M	143.63M	125.91M	134.83M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	132.92M	88.36M	70.19M	66.48M
Gross Profit	-	-	-	-	-	-	-1.51M	-1.94M	6.04M	24.97M	-	88.01M	55.27M	55.72M	68.35M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	143.64M	72.29M	46.65M	27.56M
Operating Income	-275.52K	-249.66K	250.71K	-260.90K	-254.44K	-225.71K	-6.35M	-14.01M	-40.81M	-71.19M	-	-55.63M	-17.02M	9.07M	40.79M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-29.91M	8.65M	19.34M	49.37M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	11.43M	17.96M	14.67M	11.36M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-68.45M	-37.02M	-7.42M	29.13M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-1.06M	197.00K	249.00K	520.00K
Net Income	-204.25K	-262.75K	568.37K	-177.26K	-235.75K	-197.14K	-6.28M	-26.07M	-38.50M	-89.23M	-	-70.86M	-55.58M	-100.71M	124.86M
Diluted EPS	-0.03	-0.03	0.06	-0.02	-0.03	-0.02	-	-	-	-	-7.87	-4.02	-2.49	-2.85	-
R&D Expense	-	-	-	-	-	-	114.87K	1.18M	-	-	-	-	-	-	-

Compounded Sales Growth

5 Years:	-15.18%
1 Year:	-35.90%

Compounded Profit Growth

5 Years:	92.07%
1 Year:	-

Stock Price Performance

1 Year:	-67.21%
6 Months:	-63.25%
3 Months:	-51.56%
1 Month:	-39.13%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Jul 2016	Dec 2016	Dec 2017	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	4.10M	3.94M	2.81M	2.66M	2.50M	2.35M	-	1.29M	6.57M	37.16M	33.53M	112.59M	104.15M	196.99M	214.20M	-	203.72M	188.88M	116.35M	112.60M
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78.69M	90.40M	40.23M	35.63M
Cash & Equivalents	210.97K	40.36K	422.98K	113.99K	99.72K	542.22K	545.71K	0	598.29K	619.25K	2.41M	2.14M	13.15M	1.97M	8.85M	9.03M	-	13.87M	9.28M	4.36M	10.34M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33.95M	31.68M	31.11M	22.27M
Total Liabilities	-	-	-	-	-	-	-	-	346.33K	3.42M	29.66M	33.48M	100.41M	107.50M	178.41M	216.10M	-	255.87M	247.87M	246.68M	117.43M
Current Liabilities	-	38.13K	102.18K	125.15K	94.24K	88.79K	85.97K	-	346.33K	416.44K	21.54M	23.38M	29.21M	44.79M	87.54M	107.56M	-	216.36M	236.02M	122.26M	17.00M
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62.19M	64.37M	-	-	121.09M	97.58M
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	116.85M	131.49M	123.69M	100.05M
Total Equity	4.06M	3.90M	3.67M	2.51M	2.40M	2.25M	2.10M	0	772.86K	2.98M	-10.72M	-18.17M	-25.78M	-41.32M	-37.07M	-20.31M	-	-52.15M	-58.99M	-130.33M	-4.83M
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.30M	23.84M	47.56M	47.59M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-182.52K	-98.74K	-141.96K	-143.65K	-4.19M	-7.42M	-56.95M	-32.29M	-	-11.30M	-24.77M	-16.08M	39.25M
Investing Cash Flow	11.91K	481.36K	-167.03K	129.37K	-2.04M	-23.59M	-19.02M	-4.93M	-	-38.59M	-3.21M	-5.17M	-9.59M
Financing Cash Flow	-	-	-	-	9.25M	29.91M	82.92M	37.28M	-	54.42M	22.89M	16.33M	-23.68M
Capital Expenditure	-	-	-	-	-59.48K	-31.62K	-150.76K	-1.21M	-	-5.71M	-3.77M	-5.17M	-9.59M
Free Cash Flow	-	-	-	-	-4.25M	-7.45M	-57.11M	-33.51M	-	-17.01M	-28.55M	-21.25M	29.66M
Net Change in Cash	-	-	-	-	-	-	-	-	-	4.52M	-5.09M	-4.92M	5.98M

Ratios (Annual)

Figures in %.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-1,965.9%	-34.1%	11.3%	19.5%	-	39.8%	38.5%	44.3%	50.7%
Operating Margin %	-	-	-	-	-	-	-8,246.4%	-245.8%	-76.5%	-55.6%	-	-25.2%	-11.8%	7.2%	30.3%
Net Margin %	-	-	-	-	-	-	-8,162.0%	-457.3%	-72.2%	-69.7%	-	-32.1%	-38.7%	-80.0%	92.6%
ROE %	-5.2%	-7.2%	22.6%	-7.4%	-10.5%	-9.4%	-210.6%	243.2%	103.9%	439.3%	-	135.9%	94.2%	77.3%	-2,587.7%
ROCE %	-6.8%	-6.5%	9.3%	-10.2%	-10.5%	-10.0%	-103.2%	-89.7%	-37.3%	-66.8%	-	439.9%	36.1%	-153.6%	42.7%

Shareholding Pattern

Insiders

72.50%

Institutions

9.89%

Public Float

35.98%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Vanguard Capital Management LLC	2.42%	1.15M	$1.61M
2	Blackrock Inc.	1.57%	746.39K	$1.04M
3	State Street Corporation	0.60%	286.30K	$400.81K
4	Geode Capital Management, LLC	0.59%	282.12K	$394.97K
5	LPL Financial LLC	0.55%	261.50K	$366.11K
6	Northern Trust Corporation	0.23%	107.40K	$150.35K
7	Vanguard Fiduciary Trust Co	0.22%	106.69K	$149.37K
8	Vanguard Portfolio Management LLC	0.16%	78.21K	$109.49K
9	Goldman Sachs Group Inc	0.15%	71.95K	$100.72K
10	Bridgeway Capital Management, LLC	0.14%	67.60K	$94.64K

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AREN · Communication Services