CuriosityStream Inc. Q4 FY2025 earnings call

Versys is a long-time technology partner helping organize content, clip it, and manage large volume of content. CuriosityStream has a corpus from over 200 partners with various content including factual, scripted, and sports. Price increase implemented March 1 will take a year to fully implement as many are on annual subscriptions, with rollout over time and benefit expected this year and next year. Partnerships with big companies have lumpy payment schedules affecting cash revenue. Revenue cycle for deals is 4 - 6 months with content delivery, acceptance, and recognition process.

No specific financial performance details provided for product segments in terms of absolute numbers and revenue contribution %

Confident in double-digit increases in cash flow and top-line revenue for the year. Intend to pay dividend from cash from operations and believe licensing revenue will exceed subscription revenue. Plan to narrow guidance during second quarter as we get closer to end of Q2. Intention is to beat guidance provided.

No specific risks and operational failures discussed

Q: With the price increase implemented March 1, what is the timing of it being fully implemented and expectations on churn?

A: It will take a year to fully implement as many are on annual subscriptions, first month likely 3% - 5% of customers become part of it, rolls out over time with pure direct customers and takes longer for partner side monthly subscribers but anticipated to roll out over next handful of months.

Q: Any additional commentary on the cadence of guidance and expectations on the full year?

A: Partnerships are large and lumpy, cash revenue can be lumpy due to big licensing opportunities. Confident in the year, intent to pay dividend from cash from operations, licensing revenue to exceed subscription revenue, revenue cycle for deals is 4 - 6 months, plan to narrow guidance during second quarter, good news is much of what's being done isn't seasonal, intention is to beat guidance