AREN Arena Group Holdings, Inc.

FY2025 10-K
Filed: Mar 16, 2026
Communication Services
Cable & Other Pay Television ServicesSEC EDGAR

Arena Group Holdings, Inc. (AREN) filed its fiscal year 2025 10-K annual report with the SEC on Mar 16, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model digital advertising revenue primarily from pageviews across platform properties
  • Ceased FanNation operations in March 2024, causing 9% decline in monthly average pageviews to 304 million in 2025
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Management Discussion & Analysis

  • Revenue $248,500, down 4.8% YoY from $261,000
  • Operating loss $6,300 vs operating income $2,100 prior year, operating margin -2.5% vs 0.8%
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Risk Factors

  • Regulatory/legal risk: contingent consideration related to put option on common stock in Fexy Studios acquisition per Note 15
  • Macroeconomic threat: high 10.8% weighted-average interest rate on $97.7M term debt maturing Dec 31, 2027 increasing interest expense
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Financial Summary
XBRL

Revenue

$135M

Net Income

$125M

Gross Margin

50.7%

Operating Margin

30.3%

Net Margin

92.6%

ROE

-2587.7%

Total Assets

$113M

EPS (Diluted)

$2.62

Operating Cash Flow

$39M

Source: XBRL data from Arena Group Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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