Symbols / AREN Stock $1.95 +0.00% The Arena Group Holdings, Inc.

Communication Services • Internet Content & Information • United States • ASE
AREN (Stock) 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 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.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Internet Content & Infor Market Cap 92.83M
Enterprise Value 182.54M Income 28.61M Sales 134.83M
Book/sh -0.10 Cash/sh 0.22 Dividend Yield —
Payout 0.00% Employees 159 IPO —
P/E 3.25 Forward P/E 3.00 PEG —
P/S 0.69 P/B -19.31 P/C —
EV/EBITDA 4.12 EV/Sales 1.35 Quick Ratio 1.92
Current Ratio 2.10 Debt/Eq — LT Debt/Eq —
EPS (ttm) 0.60 EPS next Y 0.65 EPS Growth -23.60%
Revenue Growth -22.00% Earnings 2026-05-11 ROA 22.27%
ROE — ROIC — Gross Margin 50.69%
Oper. Margin 26.63% Profit Margin 92.61% Shs Outstand 47.60M
Shs Float 12.16M Short Float 4.51% Short Ratio 13.54
Short Interest — 52W High 10.05 52W Low 1.66
Beta 0.98 Avg Volume 63.75K Volume 54.75K
Target Price $8.00 Recom None Prev Close $1.95
Price $1.95 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.00
Mean price target
2. Current target
$1.95
Latest analyst target
3. DCF / Fair value
$-28.86
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.95
Low
$8.00
High
$8.00
Mean
$8.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-17 main Lake Street Buy → Buy $8
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
News
RSS: Latest AREN news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-05-30 ALLRED HERBERT HUNT Director — 10,482 $0.00 $0
2025-05-30 RANDALL CAVITT Director — 10,482 $0.00 $0
2025-05-30 PETERSMARCK LYNN MARIE Director — 10,482 $0.00 $0
2025-02-12 LEE LAURA ANNE Director — 55,780 $1.40 $78,092
2025-02-12 RANDALL CAVITT Director — 55,780 $1.40 $78,092
2025-02-03 PETZEL CHRISTOPHER Director — 25,010 $1.35 $33,764
2025-02-03 RANDALL CAVITT Director — 25,010 $1.35 $33,764
2025-01-17 PETZEL CHRISTOPHER Director — 25,000 $1.23 $30,750
2025-01-17 RANDALL CAVITT Director — 25,000 $1.23 $30,750
2024-11-15 STROME MARK E. Beneficial Owner of more than 10% of a Class of Security — 217,574 $1.71 $372,052
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
134.83
+7.09%
125.91
-12.34%
143.63
-34.99%
220.94
Operating Revenue
134.83
+7.09%
125.91
-12.34%
143.63
-34.99%
220.94
Cost Of Revenue
66.48
-5.29%
70.19
-20.56%
88.36
-33.53%
132.92
Reconciled Cost Of Revenue
61.06
-1.20%
61.80
-4.77%
64.89
-47.44%
123.46
Gross Profit
68.35
+22.67%
55.72
+0.81%
55.27
-37.20%
88.01
Operating Expense
27.56
-40.93%
46.65
-35.47%
72.29
-49.67%
143.64
Selling General And Administration
24.09
-43.91%
42.95
-36.89%
68.05
-45.99%
125.99
Selling And Marketing Expense
7.03
-43.95%
12.55
-48.28%
24.26
-52.16%
50.72
General And Administrative Expense
17.06
-43.89%
30.40
-30.57%
43.78
-41.83%
75.27
Salaries And Wages
—
—
45.94
-10.58%
51.38
Other Gand A
17.06
-43.89%
30.40
-30.57%
43.78
+83.28%
23.89
Total Expenses
94.04
-19.52%
116.84
-27.27%
160.65
-41.91%
276.56
Operating Income
40.79
+349.88%
9.07
+153.29%
-17.02
+69.41%
-55.63
Total Operating Income As Reported
40.79
+418.38%
7.87
+145.07%
-17.46
+68.76%
-55.88
EBITDA
49.37
+155.25%
19.34
+123.54%
8.65
+128.93%
-29.91
Normalized EBITDA
49.68
+134.77%
21.16
+97.94%
10.69
+137.49%
-28.52
Reconciled Depreciation
8.89
-26.51%
12.09
-56.35%
27.71
+2.20%
27.11
EBIT
40.49
+458.43%
7.25
+138.05%
-19.05
+66.59%
-57.02
Total Unusual Items
-0.30
+83.21%
-1.82
+10.80%
-2.04
-45.81%
-1.40
Total Unusual Items Excluding Goodwill
-0.30
+83.21%
-1.82
+10.80%
-2.04
-45.81%
-1.40
Special Income Charges
-0.30
+83.21%
-1.82
+10.80%
-2.04
-45.81%
-1.40
Other Special Charges
0.30
-0.33%
0.31
-47.51%
0.58
-48.86%
1.14
Impairment Of Capital Assets
0.00
-100.00%
1.20
+906.72%
0.12
-53.70%
0.26
Restructuring And Mergern Acquisition
0.00
-100.00%
0.31
-69.01%
1.01
0.00
Net Income
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Pretax Income
29.13
+492.67%
-7.42
+79.96%
-37.02
+45.92%
-68.45
Net Non Operating Interest Income Expense
-11.36
+22.57%
-14.67
+18.35%
-17.96
-57.20%
-11.43
Interest Expense Non Operating
11.36
-22.57%
14.67
-18.35%
17.96
+57.20%
11.43
Net Interest Income
-11.36
+22.57%
-14.67
+18.35%
-17.96
-57.20%
-11.43
Interest Expense
11.36
-22.57%
14.67
-18.35%
17.96
+57.20%
11.43
Interest Income Non Operating
—
—
—
—
Interest Income
—
—
—
—
Other Income Expense
-0.30
+83.21%
-1.82
+10.80%
-2.04
-45.81%
-1.40
Other Non Operating Income Expenses
—
—
—
—
Gain On Sale Of Security
—
—
—
—
Tax Provision
0.52
+108.84%
0.25
+26.40%
0.20
+118.53%
-1.06
Tax Rate For Calcs
0.00
-91.90%
0.00
+0.00%
0.00
+1212.50%
0.00
Tax Effect Of Unusual Items
-0.01
+98.64%
-0.38
+10.80%
-0.43
-1813.79%
-0.02
Net Income Including Noncontrolling Interests
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Net Income From Continuing Operation Net Minority Interest
28.61
+473.13%
-7.67
+79.40%
-37.22
+44.78%
-67.39
Net Income From Continuing And Discontinued Operation
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Net Income Continuous Operations
28.61
+473.13%
-7.67
+79.40%
-37.22
+44.78%
-67.39
Net Income Discontinuous Operations
96.25
+203.45%
-93.04
-406.58%
-18.37
-429.31%
-3.47
Normalized Income
28.91
+563.89%
-6.23
+82.50%
-35.61
+46.06%
-66.01
Net Income Common Stockholders
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Diluted EPS
—
-2.85
-14.46%
-2.49
+38.06%
-4.02
Basic EPS
—
-2.85
-14.46%
-2.49
+38.06%
-4.02
Basic Average Shares
—
35.41
+58.60%
22.32
+26.66%
17.63
Diluted Average Shares
—
35.41
+58.60%
22.32
+26.66%
17.63
Diluted NI Availto Com Stockholders
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Depreciation Amortization Depletion Income Statement
3.47
-6.34%
3.70
-12.70%
4.24
-75.96%
17.65
Depreciation And Amortization In Income Statement
3.47
-6.34%
3.70
-12.70%
4.24
-75.96%
17.65
Gain On Sale Of PPE
—
0.00
+100.00%
-0.33
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
112.60
-3.22%
116.35
-38.40%
188.88
-7.29%
203.72
Current Assets
35.63
-11.44%
40.23
-55.49%
90.40
+14.87%
78.69
Cash Cash Equivalents And Short Term Investments
10.34
+137.00%
4.36
-53.02%
9.28
-33.07%
13.87
Cash And Cash Equivalents
10.34
+137.00%
4.36
-53.02%
9.28
-33.07%
13.87
Cash Financial
—
—
—
13.87
Receivables
22.27
-28.77%
31.26
-1.93%
31.88
-8.73%
34.93
Accounts Receivable
22.27
-28.43%
31.11
-1.77%
31.68
-6.70%
33.95
Gross Accounts Receivable
23.52
-27.78%
32.57
+1.63%
32.05
-11.43%
36.19
Allowance For Doubtful Accounts Receivable
-1.25
+13.92%
-1.46
-289.84%
-0.37
+83.27%
-2.24
Other Receivables
—
—
0.04
+125.00%
0.02
Taxes Receivable
0.00
-100.00%
0.15
-5.10%
0.16
-83.59%
0.96
Prepaid Assets
1.73
-19.25%
2.14
-26.51%
2.91
-10.34%
3.25
Current Deferred Assets
—
—
29.71
+14.56%
25.93
Restricted Cash
—
—
0.00
-100.00%
0.50
Assets Held For Sale Current
—
0.00
-100.00%
43.65
—
Other Current Assets
1.29
-47.57%
2.47
-7.81%
2.68
+1139.35%
0.22
Total Non Current Assets
76.97
+1.12%
76.12
-22.71%
98.48
-21.23%
125.02
Net PPE
2.09
-16.12%
2.49
+393.65%
0.50
-54.47%
1.11
Gross PPE
4.00
-7.18%
4.30
+106.33%
2.09
-11.46%
2.36
Accumulated Depreciation
-1.91
-5.07%
-1.82
-14.79%
-1.58
-26.66%
-1.25
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
—
—
—
0.37
Machinery Furniture Equipment
1.91
+0.00%
1.91
+0.00%
1.91
-3.73%
1.98
Other Properties
2.03
-13.21%
2.34
+1229.55%
0.18
-52.69%
0.37
Leases
0.05
+0.00%
0.05
0.00
—
Goodwill And Other Intangible Assets
74.75
+1.73%
73.48
-6.70%
78.75
-27.51%
108.64
Goodwill
42.58
+0.00%
42.58
+0.00%
42.58
+8.21%
39.34
Other Intangible Assets
32.17
+4.11%
30.90
-14.58%
36.18
-47.79%
69.30
Non Current Accounts Receivable
—
—
0.09
—
Non Current Deferred Assets
—
—
7.21
-48.95%
14.13
Non Current Prepaid Assets
0.14
-9.27%
0.15
-78.55%
0.70
-23.81%
0.92
Other Non Current Assets
—
—
18.43
+8430.56%
0.22
Total Liabilities Net Minority Interest
117.43
-52.40%
246.68
-0.48%
247.87
-3.12%
255.87
Current Liabilities
17.00
-86.09%
122.26
-48.20%
236.02
+9.09%
216.36
Payables And Accrued Expenses
12.52
-32.84%
18.64
-49.86%
37.18
-8.61%
40.69
Payables
5.21
-35.46%
8.07
-24.73%
10.73
-42.65%
18.71
Accounts Payable
1.68
-65.40%
4.84
-37.92%
7.80
-39.34%
12.86
Other Payable
3.54
+9.44%
3.23
+10.47%
2.92
-49.96%
5.84
Current Accrued Expenses
7.31
-30.83%
10.57
-60.05%
26.46
+20.37%
21.98
Total Tax Payable
—
—
—
0.65
Current Debt And Capital Lease Obligation
0.40
-37.58%
0.64
-99.51%
131.49
+14.33%
115.01
Current Debt
—
—
129.81
+13.29%
114.58
Other Current Borrowings
—
—
—
65.68
Current Capital Lease Obligation
0.40
-37.58%
0.64
-61.80%
1.69
+294.85%
0.43
Current Deferred Liabilities
3.25
-48.80%
6.35
-62.52%
16.94
-71.15%
58.70
Current Deferred Revenue
3.25
-48.80%
6.35
-62.52%
16.94
-71.15%
58.70
Other Current Liabilities
0.32
-99.67%
96.19
+90.99%
50.36
+4384.68%
1.12
Total Non Current Liabilities Net Minority Interest
100.42
-19.29%
124.42
+949.81%
11.85
-70.00%
39.50
Liabilities Heldfor Sale Non Current
—
0.00
-100.00%
10.14
—
Long Term Debt And Capital Lease Obligation
99.65
-19.02%
123.05
0.00
-100.00%
1.84
Long Term Debt
97.58
-19.41%
121.09
—
—
Long Term Capital Lease Obligation
2.07
+5.45%
1.96
0.00
-100.00%
1.84
Tradeand Other Payables Non Current
—
—
0.00
-100.00%
0.49
Non Current Deferred Liabilities
0.78
-35.60%
1.21
+5.61%
1.14
-94.34%
20.17
Non Current Deferred Revenue
0.04
-89.33%
0.40
-25.65%
0.54
-97.25%
19.70
Non Current Deferred Taxes Liabilities
0.73
-8.60%
0.80
+33.89%
0.60
+28.82%
0.47
Other Non Current Liabilities
—
—
0.41
-89.37%
3.82
Preferred Securities Outside Stock Equity
0.00
-100.00%
0.17
+0.00%
0.17
-98.72%
13.18
Stockholders Equity
-4.83
+96.30%
-130.33
-120.91%
-58.99
-13.13%
-52.15
Common Stock Equity
-4.83
+96.30%
-130.33
-120.91%
-58.99
-13.13%
-52.15
Capital Stock
0.48
+1.47%
0.47
+100.42%
0.24
+30.22%
0.18
Common Stock
0.48
+1.47%
0.47
+100.42%
0.24
+30.22%
0.18
Preferred Stock
—
—
—
—
Share Issued
47.59
+0.08%
47.56
+99.51%
23.84
+30.23%
18.30
Ordinary Shares Number
47.59
+0.08%
47.56
+99.51%
23.84
+30.23%
18.30
Additional Paid In Capital
349.20
+0.18%
348.56
+9.12%
319.42
+17.98%
270.74
Retained Earnings
-354.50
+26.05%
-479.36
-26.60%
-378.65
-17.20%
-323.07
Total Equity Gross Minority Interest
-4.83
+96.30%
-130.33
-120.91%
-58.99
-13.13%
-52.15
Total Capitalization
92.75
+1103.71%
-9.24
+84.34%
-58.99
-13.13%
-52.15
Working Capital
18.63
+122.71%
-82.02
+43.67%
-145.62
-5.78%
-137.67
Invested Capital
92.75
+1103.71%
-9.24
-113.05%
70.81
+13.41%
62.44
Total Debt
100.05
-19.11%
123.69
-5.93%
131.49
+12.53%
116.85
Net Debt
87.24
-25.26%
116.72
-3.15%
120.52
+19.67%
100.71
Capital Lease Obligations
2.47
-5.18%
2.61
+54.69%
1.69
-25.76%
2.27
Net Tangible Assets
-79.57
+60.96%
-203.81
-47.95%
-137.75
+14.33%
-160.79
Tangible Book Value
-79.57
+60.96%
-203.81
-47.95%
-137.75
+14.33%
-160.79
Current Notes Payable
—
0.00
-100.00%
110.20
+9.66%
100.49
Current Provisions
0.51
+18.14%
0.43
+834.78%
0.05
-94.56%
0.84
Interest Payable
—
0.00
-100.00%
3.82
0.00
Line Of Credit
—
0.00
-100.00%
19.61
+39.15%
14.09
Other Equity Interest
—
—
—
—
Preferred Stock Equity
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
39.25
+344.13%
-16.08
+35.10%
-24.77
-119.14%
-11.30
Cash Flow From Continuing Operating Activities
39.25
+344.13%
-16.08
+35.10%
-24.77
-119.14%
-11.30
Net Income From Continuing Operations
124.86
+223.98%
-100.71
-81.19%
-55.58
+21.56%
-70.86
Depreciation Amortization Depletion
8.89
-26.51%
12.09
-56.35%
27.71
+2.20%
27.11
Depreciation
0.09
-60.68%
0.23
-33.52%
0.35
-34.69%
0.54
Amortization Cash Flow
8.79
-25.84%
11.86
-56.65%
27.35
+2.95%
26.57
Depreciation And Amortization
8.89
-26.51%
12.09
-56.35%
27.71
+2.20%
27.11
Amortization Of Intangibles
8.79
-25.84%
11.86
-56.65%
27.35
+2.95%
26.57
Other Non Cash Items
0.75
-40.22%
1.26
-83.86%
7.79
+141.71%
3.23
Stock Based Compensation
0.48
-84.00%
3.03
-84.10%
19.06
-39.19%
31.34
Asset Impairment Charge
0.61
-98.59%
43.58
+9941.71%
0.43
-61.39%
1.12
Deferred Tax
-0.07
-133.99%
0.20
+51.49%
0.13
+111.17%
-1.20
Deferred Income Tax
-0.07
-133.99%
0.20
+51.49%
0.13
+111.17%
-1.20
Operating Gains Losses
—
—
0.33
—
Gain Loss On Investment Securities
—
—
—
—
Change In Working Capital
-96.28
-493.50%
24.47
+199.29%
-24.64
-1102.73%
-2.05
Change In Receivables
8.23
-21.44%
10.48
+190.34%
-11.60
-469.14%
-2.04
Changes In Account Receivables
8.23
-21.44%
10.48
+190.34%
-11.60
-469.14%
-2.04
Change In Prepaid Assets
1.74
-5.76%
1.84
+185.35%
-2.16
-194.61%
2.28
Change In Payables And Accrued Expense
-58.03
-323.55%
25.96
+3185.82%
0.79
+108.29%
-9.53
Change In Accrued Expense
-53.08
-278.79%
29.69
+759.77%
3.45
+215.25%
-3.00
Change In Payable
-4.95
-32.73%
-3.73
-40.07%
-2.66
+59.25%
-6.54
Change In Account Payable
-4.95
-32.73%
-3.73
-40.07%
-2.66
+59.25%
-6.54
Change In Other Working Capital
-48.14
-279.91%
-12.67
-162.52%
-4.83
-135.81%
13.48
Change In Other Current Assets
0.01
-98.36%
0.85
+1206.49%
-0.08
+72.98%
-0.28
Change In Other Current Liabilities
-0.09
+95.48%
-1.99
+70.64%
-6.77
-13.73%
-5.96
Investing Cash Flow
-9.59
-85.31%
-5.17
-61.11%
-3.21
+91.68%
-38.59
Cash Flow From Continuing Investing Activities
-9.59
-85.31%
-5.17
-61.11%
-3.21
+91.68%
-38.59
Net PPE Purchase And Sale
0.00
+100.00%
-0.05
0.00
+100.00%
-0.53
Purchase Of PPE
0.00
+100.00%
-0.05
0.00
+100.00%
-0.53
Capital Expenditure
-9.59
-85.31%
-5.17
-37.16%
-3.77
+33.91%
-5.71
Capital Expenditure Reported
-7.04
-37.47%
-5.12
-35.73%
-3.77
+27.15%
-5.18
Net Investment Purchase And Sale
—
—
0.00
-100.00%
2.45
Sale Of Investment
—
—
0.00
-100.00%
2.45
Net Business Purchase And Sale
—
0.00
+100.00%
-0.50
+98.58%
-35.33
Purchase Of Business
—
0.00
+100.00%
-0.50
+98.58%
-35.33
Net Intangibles Purchase And Sale
-2.55
0.00
—
—
Purchase Of Intangibles
-2.55
0.00
—
—
Net Other Investing Changes
—
—
1.06
—
Financing Cash Flow
-23.68
-245.02%
16.33
-28.68%
22.89
-57.93%
54.42
Cash Flow From Continuing Financing Activities
-23.68
-245.02%
16.33
-28.68%
22.89
-57.93%
54.42
Net Issuance Payments Of Debt
-23.65
-520.54%
5.62
-58.39%
13.52
-56.26%
30.90
Issuance Of Debt
0.00
-100.00%
25.65
+89.77%
13.52
-63.30%
36.83
Repayment Of Debt
-23.65
-18.10%
-20.03
0.00
+100.00%
-5.93
Long Term Debt Issuance
—
0.00
-100.00%
8.00
-76.96%
34.73
Long Term Debt Payments
-23.65
0.00
0.00
+100.00%
-5.93
Net Long Term Debt Issuance
-23.65
0.00
-100.00%
8.00
-72.22%
28.80
Short Term Debt Issuance
0.00
-100.00%
25.65
+364.94%
5.52
+162.21%
2.10
Short Term Debt Payments
0.00
+100.00%
-20.03
—
—
Net Short Term Debt Issuance
0.00
-100.00%
5.62
+1.94%
5.52
+162.21%
2.10
Net Common Stock Issuance
0.00
-100.00%
12.00
+4.35%
11.50
-64.13%
32.06
Proceeds From Stock Option Exercised
0.00
+100.00%
-0.56
0.00
-100.00%
0.10
Net Other Financing Charges
-0.03
+96.05%
-0.73
+65.41%
-2.12
+75.44%
-8.64
Changes In Cash
5.98
+221.41%
-4.92
+3.28%
-5.09
-212.54%
4.52
Beginning Cash Position
4.36
-53.02%
9.28
-35.41%
14.37
+45.90%
9.85
End Cash Position
10.34
+137.00%
4.36
-53.02%
9.28
-35.41%
14.37
Free Cash Flow
29.66
+239.55%
-21.25
+25.55%
-28.55
-67.78%
-17.01
Interest Paid Supplemental Data
11.55
-35.24%
17.84
+47.40%
12.10
+27.00%
9.53
Income Tax Paid Supplemental Data
0.86
+914.12%
0.09
+0.00%
0.09
0.00
Common Stock Issuance
0.00
-100.00%
12.00
+4.35%
11.50
-64.13%
32.06
Issuance Of Capital Stock
0.00
-100.00%
12.00
+4.35%
11.50
-64.13%
32.06
Net Preferred Stock Issuance
—
—
—
—
Preferred Stock Issuance
—
—
—
—
Sale Of Intangibles
—
—
—
—
SEC Filings

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

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