AREN Chart
About

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 comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company also offers content from individual creators to the HubPages network of premium content channels, such as PetHelpful, dengarden and Fashionista for writers, explorers, knowledge seekers, and conversation starters to connect in an interactive and informative online space under the HubPages brand. In addition, it owns and operates brands, including TheStreet, a financial news and information provider to investors and institutions, and produces business news and market analysis for individual investors; The Spun, an online independent sports publication; Autoblog, an automotive website; Parade which provides entertainment and lifestyle content to readers; and Men's Journal that offers content to foster the aspirational spirit of its readers through coverage of gear, travel, health and fitness, food and drink, style, grooming, and entertainment. 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.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Internet Content & Infor Market Cap 150.47M
Enterprise Value 249.03M Income 30.49M Sales 142.82M
Book/sh -0.22 Cash/sh 0.26 Dividend Yield —
Payout 0.00% Employees 190 IPO —
P/E 4.23 Forward P/E 3.87 PEG —
P/S 1.05 P/B -14.54 P/C —
EV/EBITDA 5.28 EV/Sales 1.74 Quick Ratio 2.18
Current Ratio 2.51 Debt/Eq — LT Debt/Eq —
EPS (ttm) 0.75 EPS next Y 0.82 EPS Growth 33.10%
Revenue Growth -11.30% Earnings 2026-03-31 ROA 23.14%
ROE — ROIC — Gross Margin 52.59%
Oper. Margin 31.91% Profit Margin 88.51% Shs Outstand 47.47M
Shs Float 12.14M Short Float 4.36% Short Ratio 8.17
Short Interest — 52W High 10.05 52W Low 1.34
Beta 0.86 Avg Volume 88.00K Volume 29.78K
Target Price $10.00 Recom None Prev Close $3.12
Price $3.17 Change 1.60%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.00
Mean price target
2. Current target
$3.17
Latest analyst target
3. DCF / Fair value
$-37.44
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.17
Low
$10.00
High
$10.00
Mean
$10.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-15 main Lake Street Buy → Buy $12
2025-07-21 init Lake Street — → Buy $10
2023-05-11 main B. Riley Securities Buy → Buy $11
2022-10-07 main B. Riley Securities — → Buy $18
2022-04-29 main B. Riley Securities — → Buy $20
2022-03-29 main B. Riley Securities — → Buy $18
2022-03-08 init B. Riley Securities — → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 10482 — — Stock Award(Grant) at price 0.00 per share. ALLRED HERBERT HUNT Director — 2025-05-30 00:00:00 D
1 10482 — — Stock Award(Grant) at price 0.00 per share. RANDALL CAVITT Director — 2025-05-30 00:00:00 D
2 10482 — — Stock Award(Grant) at price 0.00 per share. PETERSMARCK LYNN MARIE Director — 2025-05-30 00:00:00 D
3 55780 78092 — Sale at price 1.40 per share. LEE LAURA ANNE Director — 2025-02-12 00:00:00 D
4 55780 78092 — Purchase at price 1.40 per share. RANDALL CAVITT Director — 2025-02-12 00:00:00 D
5 25010 33764 — Sale at price 1.35 per share. PETZEL CHRISTOPHER Director — 2025-02-03 00:00:00 D
6 25010 33764 — Purchase at price 1.35 per share. RANDALL CAVITT Director — 2025-02-03 00:00:00 D
7 25000 30750 — Sale at price 1.23 per share. PETZEL CHRISTOPHER Director — 2025-01-17 00:00:00 D
8 25000 30750 — Purchase at price 1.23 per share. RANDALL CAVITT Director — 2025-01-17 00:00:00 D
9 217574 372052 — Sale at price 1.71 per share. STROME MARK E. Beneficial Owner of more than 10% of a Class of Security — 2024-11-15 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-381.57K-427.77K-22.35K-106.00K
TaxRateForCalcs0.210.210.020.02
NormalizedEBITDA21.16M10.69M-28.52M-50.10M
TotalUnusualItems-1.82M-2.04M-1.40M-5.89M
TotalUnusualItemsExcludingGoodwill-1.82M-2.04M-1.40M-5.89M
NetIncomeFromContinuingOperationNetMinorityInterest-7.67M-37.22M-67.39M-89.94M
ReconciledDepreciation12.09M27.71M27.11M25.17M
ReconciledCostOfRevenue61.80M64.89M123.46M101.70M
EBITDA19.34M8.65M-29.91M-55.99M
EBIT7.25M-19.05M-57.02M-81.17M
NetInterestIncome-14.67M-17.96M-11.43M-10.45M
InterestExpense14.67M17.96M11.43M10.45M
InterestIncome6.48K
NormalizedIncome-6.23M-35.61M-66.01M-84.16M
NetIncomeFromContinuingAndDiscontinuedOperation-100.71M-55.58M-70.86M-89.94M
TotalExpenses116.84M160.65M276.56M264.42M
TotalOperatingIncomeAsReported7.87M-17.46M-55.88M-84.28M
DilutedAverageShares35.41M22.32M17.63M11.43M
BasicAverageShares35.41M22.32M17.63M11.43M
DilutedEPS-2.85-2.49-4.02-7.87
BasicEPS-2.85-2.49-4.02-7.87
DilutedNIAvailtoComStockholders-100.71M-55.58M-70.86M-89.94M
NetIncomeCommonStockholders-100.71M-55.58M-70.86M-89.94M
NetIncome-100.71M-55.58M-70.86M-89.94M
NetIncomeIncludingNoncontrollingInterests-100.71M-55.58M-70.86M-89.94M
NetIncomeDiscontinuousOperations-93.04M-18.37M-3.47M0.00
NetIncomeContinuousOperations-7.67M-37.22M-67.39M-89.94M
TaxProvision249.00K197.00K-1.06M-1.67M
PretaxIncome-7.42M-37.02M-68.45M-91.61M
OtherIncomeExpense-1.82M-2.04M-1.40M-5.89M
OtherNonOperatingIncomeExpenses-466.36K
SpecialIncomeCharges-1.82M-2.04M-1.40M-5.92M
GainOnSaleOfPPE0.00-325.00K0.00-1.19M
OtherSpecialCharges306.00K583.00K1.14M4.26M
ImpairmentOfCapitalAssets1.20M119.00K257.00K1.66M
RestructuringAndMergernAcquisition313.00K1.01M0.00
GainOnSaleOfSecurity34.00K
NetNonOperatingInterestIncomeExpense-14.67M-17.96M-11.43M-10.45M
InterestExpenseNonOperating14.67M17.96M11.43M10.45M
InterestIncomeNonOperating6.48K
OperatingIncome9.07M-17.02M-55.63M-75.28M
OperatingExpense46.65M72.29M143.64M153.89M
DepreciationAmortizationDepletionIncomeStatement3.70M4.24M17.65M16.34M
DepreciationAndAmortizationInIncomeStatement3.70M4.24M17.65M16.34M
SellingGeneralAndAdministration42.95M68.05M125.99M137.54M
SellingAndMarketingExpense12.55M24.26M50.72M60.71M
GeneralAndAdministrativeExpense30.40M43.78M75.27M76.83M
OtherGandA30.40M43.78M23.89M23.55M
SalariesAndWages45.94M51.38M53.28M
GrossProfit55.72M55.27M88.01M78.61M
CostOfRevenue70.19M88.36M132.92M110.53M
TotalRevenue125.91M143.63M220.94M189.14M
OperatingRevenue125.91M143.63M220.94M189.14M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber47.56M23.84M18.30M12.63M
ShareIssued47.56M23.84M18.30M12.63M
NetDebt116.72M120.52M100.71M72.76M
TotalDebt123.69M131.49M116.85M83.26M
TangibleBookValue-203.81M-137.75M-160.79M-137.95M
InvestedCapital-9.24M70.81M62.44M30.43M
WorkingCapital-82.02M-145.62M-137.67M-38.74M
NetTangibleAssets-203.81M-137.75M-160.79M-137.95M
CapitalLeaseObligations2.61M1.69M2.27M1.16M
CommonStockEquity-130.33M-58.99M-52.15M-51.68M
PreferredStockEquity13.89M
TotalCapitalization-9.24M-58.99M-52.15M12.70M
TotalEquityGrossMinorityInterest-130.33M-58.99M-52.15M-51.68M
StockholdersEquity-130.33M-58.99M-52.15M-51.68M
OtherEquityInterest491.00
RetainedEarnings-479.36M-378.65M-323.07M-252.21M
AdditionalPaidInCapital348.56M319.42M270.74M200.41M
CapitalStock475.00K237.00K182.00K126.00K
CommonStock475.00K237.00K182.00K126.00K
PreferredStock13.89M
TotalLiabilitiesNetMinorityInterest246.68M247.87M255.87M225.66M
TotalNonCurrentLiabilitiesNetMinorityInterest124.42M11.85M39.50M109.25M
OtherNonCurrentLiabilities406.00K3.82M7.15M
LiabilitiesHeldforSaleNonCurrent0.0010.14M
PreferredSecuritiesOutsideStockEquity168.00K168.00K13.18M13.89M
TradeandOtherPayablesNonCurrent0.00494.00K7.01M
NonCurrentDeferredLiabilities1.21M1.14M20.17M16.05M
NonCurrentDeferredRevenue403.00K542.00K19.70M15.28M
NonCurrentDeferredTaxesLiabilities802.00K599.00K465.00K362.00K
LongTermDebtAndCapitalLeaseObligation123.05M0.001.84M65.16M
LongTermCapitalLeaseObligation1.96M0.001.84M785.00K
LongTermDebt121.09M64.37M
CurrentLiabilities122.26M236.02M216.36M116.41M
OtherCurrentLiabilities96.19M50.36M1.12M3.09M
CurrentDeferredLiabilities6.35M16.94M58.70M54.69M
CurrentDeferredRevenue6.35M16.94M58.70M54.03M
CurrentDebtAndCapitalLeaseObligation644.00K131.49M115.01M18.11M
CurrentCapitalLeaseObligation644.00K1.69M427.00K374.00K
CurrentDebt129.81M114.58M17.73M
OtherCurrentBorrowings65.68M5.74M
LineOfCredit0.0019.61M14.09M11.99M
CurrentNotesPayable0.00110.20M100.49M0.00
CurrentProvisions430.00K46.00K845.00K3.09M
PayablesAndAccruedExpenses18.64M37.18M40.69M40.53M
CurrentAccruedExpenses10.57M26.46M21.98M22.58M
InterestPayable0.003.82M0.00
Payables8.07M10.73M18.71M17.96M
OtherPayable3.23M2.92M5.84M5.20M
TotalTaxPayable645.00K779.00K
AccountsPayable4.84M7.80M12.86M11.98M
TotalAssets116.35M188.88M203.72M173.98M
TotalNonCurrentAssets76.12M98.48M125.02M96.31M
OtherNonCurrentAssets18.43M216.00K
NonCurrentPrepaidAssets151.00K704.00K924.00K639.00K
NonCurrentDeferredAssets7.21M14.13M8.23M
NonCurrentAccountsReceivable90.00K
GoodwillAndOtherIntangibleAssets73.48M78.75M108.64M86.27M
OtherIntangibleAssets30.90M36.18M69.30M66.66M
Goodwill42.58M42.58M39.34M19.62M
NetPPE2.49M504.00K1.11M1.16M
AccumulatedDepreciation-1.82M-1.58M-1.25M-710.00K
GrossPPE4.30M2.09M2.36M1.87M
Leases54.00K0.000.00
OtherProperties2.34M176.00K372.00K528.43K
MachineryFurnitureEquipment1.91M1.91M1.98M1.35M
BuildingsAndImprovements372.00K528.00K
Properties0.000.000.000.00
CurrentAssets40.23M90.40M78.69M77.67M
OtherCurrentAssets2.47M2.68M216.00K11.38M
AssetsHeldForSaleCurrent0.0043.65M
CurrentDeferredAssets29.71M25.93M30.16M
RestrictedCash0.00502.00K502.00K
PrepaidAssets2.14M2.91M3.25M3.46M
Receivables31.26M31.88M34.93M22.81M
OtherReceivables45.00K20.00K409.00K
TaxesReceivable149.00K157.00K957.00K745.00K
AccountsReceivable31.11M31.68M33.95M21.66M
AllowanceForDoubtfulAccountsReceivable-1.46M-374.00K-2.24M-1.58M
GrossAccountsReceivable32.57M32.05M36.19M23.24M
CashCashEquivalentsAndShortTermInvestments4.36M9.28M13.87M9.35M
CashAndCashEquivalents4.36M9.28M13.87M9.35M
CashFinancial13.87M9.35M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-21.25M-28.55M-17.01M-19.93M
RepaymentOfDebt-20.03M0.00-5.93M0.00
IssuanceOfDebt25.65M13.52M36.83M9.89M
IssuanceOfCapitalStock12.00M11.50M32.06M20.00M
CapitalExpenditure-5.17M-3.77M-5.71M-5.20M
InterestPaidSupplementalData17.84M12.10M9.53M1.39M
IncomeTaxPaidSupplementalData85.00K85.00K0.000.00
EndCashPosition4.36M9.28M14.37M9.85M
BeginningCashPosition9.28M14.37M9.85M9.54M
ChangesInCash-4.92M-5.09M4.52M316.00K
FinancingCashFlow16.33M22.89M54.42M28.19M
CashFlowFromContinuingFinancingActivities16.33M22.89M54.42M28.19M
NetOtherFinancingCharges-734.00K-2.12M-8.64M-1.71M
ProceedsFromStockOptionExercised-561.00K0.0095.00K0.00
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance12.00M11.50M32.06M20.00M
CommonStockIssuance12.00M11.50M32.06M20.00M
NetIssuancePaymentsOfDebt5.62M13.52M30.90M9.89M
NetShortTermDebtIssuance5.62M5.52M2.10M4.81M
ShortTermDebtPayments-20.03M
ShortTermDebtIssuance25.65M5.52M2.10M4.81M
NetLongTermDebtIssuance0.008.00M28.80M5.09M
LongTermDebtPayments0.00-5.93M0.00
LongTermDebtIssuance0.008.00M34.73M5.09M
InvestingCashFlow-5.17M-3.21M-38.59M-13.15M
CashFlowFromContinuingInvestingActivities-5.17M-3.21M-38.59M-13.15M
NetOtherInvestingChanges1.06M
NetInvestmentPurchaseAndSale0.002.45M0.00
SaleOfInvestment0.002.45M0.00
NetBusinessPurchaseAndSale0.00-500.00K-35.33M-7.95M
PurchaseOfBusiness0.00-500.00K-35.33M-7.95M
NetIntangiblesPurchaseAndSale0.00
SaleOfIntangibles0.00
NetPPEPurchaseAndSale-54.00K0.00-530.00K-377.00K
PurchaseOfPPE-54.00K0.00-530.00K-377.00K
CapitalExpenditureReported-5.12M-3.77M-5.18M-4.82M
OperatingCashFlow-16.08M-24.77M-11.30M-14.73M
CashFlowFromContinuingOperatingActivities-16.08M-24.77M-11.30M-14.73M
ChangeInWorkingCapital24.47M-24.64M-2.05M5.77M
ChangeInOtherWorkingCapital-12.67M-4.83M13.48M2.29M
ChangeInOtherCurrentLiabilities-1.99M-6.77M-5.96M-4.60M
ChangeInOtherCurrentAssets852.00K-77.00K-285.00K692.00K
ChangeInPayablesAndAccruedExpense25.96M790.00K-9.53M11.23M
ChangeInAccruedExpense29.69M3.45M-3.00M7.47M
ChangeInPayable-3.73M-2.66M-6.54M3.75M
ChangeInAccountPayable-3.73M-2.66M-6.54M3.75M
ChangeInPrepaidAssets1.84M-2.16M2.28M49.00K
ChangeInReceivables10.48M-11.60M-2.04M-3.88M
ChangesInAccountReceivables10.48M-11.60M-2.04M-3.88M
OtherNonCashItems1.26M7.79M3.23M19.04M
StockBasedCompensation3.03M19.06M31.34M30.49M
AssetImpairmentCharge43.58M434.00K1.12M2.16M
DeferredTax203.00K134.00K-1.20M-1.67M
DeferredIncomeTax203.00K134.00K-1.20M-1.67M
DepreciationAmortizationDepletion12.09M27.71M27.11M25.17M
DepreciationAndAmortization12.09M27.71M27.11M25.17M
AmortizationCashFlow11.86M27.35M26.57M24.73M
AmortizationOfIntangibles11.86M27.35M26.57M24.73M
Depreciation234.00K352.00K539.00K443.00K
OperatingGainsLosses325.00K-5.75M
GainLossOnInvestmentSecurities-34.00K
NetIncomeFromContinuingOperations-100.71M-55.58M-70.86M-89.94M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for AREN
Date User Asset Broker Type Position Size Entry Price Patterns