AREN: Arena Group Holdings Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Arena Group Holdings Inc (AREN).

OverviewDividends

$63.60M Market Cap.

As of 08/14/2025 5:00 PM ET (MRY) • Disclaimer

AREN Market Cap. (MRY)


AREN Shares Outstanding (MRY)


AREN Assets (MRY)


Total Assets

$116.35M

Total Liabilities

$246.51M

Total Investments

$0

AREN Income (MRY)


Revenue

$125.91M

Net Income

-$100.71M

Operating Expense

$47.85M

AREN Cash Flow (MRY)


CF Operations

-$16.08M

CF Investing

-$5.17M

CF Financing

$16.33M

AREN Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$116,352,000 (-38.40%)

$188,878,000 (-7.29%)

$203,719,000 (17.09%)

$173,983,000 (-18.78%)

Assets Current

$40,234,000 (-55.49%)

$90,399,000 (14.87%)

$78,695,000 (1.32%)

$77,671,000 (5.18%)

Assets Non-Current

$76,118,000 (-22.71%)

$98,479,000 (-21.23%)

$125,024,000 (29.81%)

$96,312,000 (-31.38%)

Goodwill & Intangible Assets

$73,479,000 (-6.70%)

$78,755,000 (-27.51%)

$108,644,000 (25.93%)

$86,274,000 (-9.18%)

Shareholders Equity

-$130,328,000 (-120.91%)

-$58,995,000 (-13.13%)

-$52,146,000 (-0.91%)

-$51,677,000 (-154.40%)

Property Plant & Equipment Net

$2,488,000 (393.65%)

$504,000 (-54.47%)

$1,107,000 (-4.90%)

$1,164,000 (-94.01%)

Cash & Equivalents

$4,362,000 (-53.02%)

$9,284,000 (-35.41%)

$14,373,000 (45.90%)

$9,851,000 (3.32%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$6,752,000 (-61.37%)

$17,480,000 (-77.71%)

$78,404,000 (13.13%)

$69,307,000 (-18.58%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$31,115,000 (-1.77%)

$31,676,000 (-6.70%)

$33,950,000 (3.16%)

$32,910,000 (99.48%)

Trade & Non-Trade Payables

$4,844,000 (-37.92%)

$7,803,000 (-39.34%)

$12,863,000 (7.35%)

$11,982,000 (45.61%)

Accumulated Retained Earnings (Deficit)

-$479,363,000 (-26.60%)

-$378,653,000 (-17.20%)

-$323,071,000 (-28.09%)

-$252,213,000 (-55.42%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$802,000 (33.89%)

$599,000 (28.82%)

$465,000 (28.45%)

$362,000 (71.70%)

Total Debt

$123,305,000 (-5.27%)

$130,163,000 (12.83%)

$115,366,000 (38.55%)

$83,264,000 (-7.81%)

Debt Current

$254,000 (-99.80%)

$130,163,000 (13.18%)

$115,008,000 (535.19%)

$18,106,000 (119.77%)

Debt Non-Current

$123,051,000 (0%)

$0 (0%)

$358,000 (-99.45%)

$65,158,000 (-20.62%)

Total Liabilities

$246,512,000 (-0.48%)

$247,705,000 (2.07%)

$242,689,000 (14.60%)

$211,774,000 (-2.00%)

Liabilities Current

$122,256,000 (-48.20%)

$236,021,000 (9.09%)

$216,364,000 (85.86%)

$116,413,000 (8.23%)

Liabilities Non-Current

$124,256,000 (963.47%)

$11,684,000 (-55.62%)

$26,325,000 (-72.39%)

$95,361,000 (-12.14%)

AREN Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$125,907,000 (-12.34%)

$143,630,000 (-34.99%)

$220,935,000 (16.81%)

$189,140,000 (47.73%)

Cost of Revenue

$70,189,000 (-20.56%)

$88,357,000 (-33.53%)

$132,923,000 (20.26%)

$110,530,000 (7.24%)

Selling General & Administrative Expense

$42,947,000 (-36.89%)

$68,046,000 (-45.99%)

$125,988,000 (-8.40%)

$137,541,000 (72.80%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$47,849,000 (-34.21%)

$72,733,000 (-49.45%)

$143,895,000 (-11.66%)

$162,889,000 (69.40%)

Interest Expense

$14,668,000 (-18.35%)

$17,965,000 (57.20%)

$11,428,000 (9.37%)

$10,449,000 (-36.66%)

Income Tax Expense

$249,000 (26.40%)

$197,000 (118.53%)

-$1,063,000 (36.50%)

-$1,674,000 (-894.00%)

Net Loss Income from Discontinued Operations

$93,043,000 (406.58%)

$18,367,000 (429.31%)

$3,470,000 (0%)

$0 (0%)

Consolidated Income

-$100,710,000 (-81.19%)

-$55,582,000 (21.56%)

-$70,858,000 (21.22%)

-$89,940,000 (-0.79%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$100,710,000 (-81.19%)

-$55,582,000 (21.56%)

-$70,858,000 (21.22%)

-$89,940,000 (-0.79%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$100,710,000 (-81.19%)

-$55,582,000 (21.56%)

-$70,858,000 (21.22%)

-$89,940,000 (14.24%)

Weighted Average Shares

$35,405,336 (58.60%)

$22,323,763 (26.66%)

$17,625,619 (54.21%)

$11,429,740 (446.87%)

Weighted Average Shares Diluted

$35,405,336 (58.60%)

$22,323,763 (26.66%)

$17,625,619 (54.21%)

$11,429,740 (446.87%)

Earning Before Interest & Taxes (EBIT)

-$85,793,000 (-129.27%)

-$37,420,000 (38.14%)

-$60,493,000 (25.47%)

-$81,165,000 (-11.91%)

Gross Profit

$55,718,000 (0.81%)

$55,273,000 (-37.20%)

$88,012,000 (11.96%)

$78,610,000 (214.83%)

Operating Income

$7,869,000 (145.07%)

-$17,460,000 (68.76%)

-$55,883,000 (33.69%)

-$84,279,000 (-18.39%)

AREN Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$5,175,000 (-61.11%)

-$3,212,000 (91.68%)

-$38,590,000 (-193.55%)

-$13,146,000 (-166.77%)

Net Cash Flow from Financing

$16,329,000 (-28.68%)

$22,895,000 (-57.93%)

$54,416,000 (93.03%)

$28,191,000 (-24.39%)

Net Cash Flow from Operations

-$16,076,000 (35.10%)

-$24,772,000 (-119.14%)

-$11,304,000 (23.25%)

-$14,729,000 (54.39%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$4,922,000 (3.28%)

-$5,089,000 (-212.54%)

$4,522,000 (1331.01%)

$316,000 (413.06%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$500,000 (98.58%)

-$35,331,000 (-344.42%)

-$7,950,000 (-2421.50%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$2,450,000 (0%)

$0 (0%)

Capital Expenditure

-$5,175,000 (-90.82%)

-$2,712,000 (52.50%)

-$5,709,000 (-9.87%)

-$5,196,000 (-4.70%)

Issuance (Repayment) of Debt Securities

$5,624,000 (-56.94%)

$13,060,000 (-57.74%)

$30,904,000 (212.32%)

$9,895,000 (-42.44%)

Issuance (Purchase) of Equity Shares

$12,000,000 (5.89%)

$11,333,000 (-62.95%)

$30,585,000 (54.17%)

$19,838,000 (526525.96%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$3,031,000 (-84.10%)

$19,060,000 (-39.19%)

$31,345,000 (2.79%)

$30,493,000 (108.27%)

Depreciation Amortization & Accretion

$12,093,000 (-56.35%)

$27,706,000 (2.20%)

$27,109,000 (7.69%)

$25,174,000 (1.38%)

AREN Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

44.30% (15.06%)

38.50% (-3.27%)

39.80% (-4.33%)

41.60% (113.33%)

Profit Margin

-80.00% (-106.72%)

-38.70% (-20.56%)

-32.10% (32.56%)

-47.60% (41.88%)

EBITDA Margin

-58.50% (-760.29%)

-6.80% (54.97%)

-15.10% (48.99%)

-29.60% (20.64%)

Return on Average Equity (ROAE)

70.10% (-25.90%)

94.60% (-48.22%)

182.70% (-12.63%)

209.10% (20.52%)

Return on Average Assets (ROAA)

-86.80% (-206.71%)

-28.30% (27.25%)

-38.90% (14.51%)

-45.50% (12.16%)

Return on Sales (ROS)

-68.10% (-160.92%)

-26.10% (4.74%)

-27.40% (36.13%)

-42.90% (24.20%)

Return on Invested Capital (ROIC)

123.70% (111.75%)

-1052.50% (-395.06%)

-212.60% (-64.93%)

-128.90% (-50.41%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-0.47 (50.84%)

-0.96 (63.77%)

-2.64 (-47.51%)

-1.79 (-580.23%)

Price to Sales Ratio (P/S)

0.38 (1.89%)

0.37 (-56.26%)

0.85 (-0.59%)

0.85 (295.81%)

Price to Book Ratio (P/B)

-0.49 (49.27%)

-0.96 (74.08%)

-3.71 (-13.45%)

-3.27 (-183.54%)

Debt to Equity Ratio (D/E)

-1.89 (54.97%)

-4.2 (9.78%)

-4.65 (-13.57%)

-4.1 (61.48%)

Earnings Per Share (EPS)

-2.85 (-14.46%)

-2.49 (38.06%)

-4.02 (48.92%)

-7.87 (84.32%)

Sales Per Share (SPS)

3.56 (-44.73%)

6.43 (-48.67%)

12.54 (-24.25%)

16.55 (-72.99%)

Free Cash Flow Per Share (FCFPS)

-0.6 (51.26%)

-1.23 (-27.56%)

-0.96 (44.64%)

-1.74 (90.22%)

Book Value Per Share (BVPS)

-3.68 (-39.27%)

-2.64 (10.68%)

-2.96 (34.55%)

-4.52 (53.48%)

Tangible Assets Book Value Per Share (TABVPS)

1.21 (-75.45%)

4.93 (-8.55%)

5.39 (-29.71%)

7.67 (-86.55%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (60.00%)

-5 (-25.00%)

-4 (-33.33%)

-3 (0%)

Enterprise Value Over EBITDA (EV/EBITDA)

-2.33 (87.11%)

-18.05 (-122.76%)

-8.1 (-95.04%)

-4.15 (-778.22%)

Asset Turnover

1.08 (48.02%)

0.73 (-39.52%)

1.21 (26.78%)

0.96 (51.27%)

Current Ratio

0.33 (-14.10%)

0.38 (5.22%)

0.36 (-45.43%)

0.67 (-2.91%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$21,251,000 (22.68%)

-$27,484,000 (-61.55%)

-$17,013,000 (14.61%)

-$19,925,000 (46.52%)

Enterprise Value (EV)

$171,493,104 (-2.18%)

$175,320,041 (-35.18%)

$270,464,874 (16.28%)

$232,604,738 (931.44%)

Earnings Before Tax (EBT)

-$100,461,000 (-81.39%)

-$55,385,000 (22.99%)

-$71,921,000 (21.50%)

-$91,614,000 (-2.91%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$73,700,000 (-658.70%)

-$9,714,000 (70.90%)

-$33,384,000 (40.38%)

-$55,991,000 (-17.40%)

Invested Capital

$39,560,000 (888.20%)

-$5,019,000 (75.27%)

-$20,296,000 (-145.40%)

$44,709,000 (-51.63%)

Working Capital

-$82,022,000 (43.67%)

-$145,622,000 (-5.78%)

-$137,669,000 (-255.35%)

-$38,742,000 (-14.91%)

Tangible Asset Value

$42,873,000 (-61.07%)

$110,123,000 (15.83%)

$95,075,000 (8.40%)

$87,709,000 (-26.42%)

Market Capitalization

$63,604,104 (12.12%)

$56,727,041 (-70.70%)

$193,579,874 (14.48%)

$169,089,549 (621.15%)

Average Equity

-$143,640,000 (-144.35%)

-$58,783,750 (-51.53%)

-$38,792,250 (9.79%)

-$43,004,302 (28.87%)

Average Assets

$116,056,750 (-40.81%)

$196,066,250 (7.58%)

$182,247,000 (-7.90%)

$197,884,016 (-2.35%)

Invested Capital Average

-$69,381,500 (-2051.52%)

$3,555,250 (-87.51%)

$28,456,000 (-54.81%)

$62,973,815 (-25.62%)

Shares

47,465,749 (99.14%)

23,834,891 (30.64%)

18,245,040 (51.93%)

12,009,201 (576.08%)