Arena Financial Statements From 2010 to 2024
AREN Stock | USD 1.52 0.03 2.01% |
Gross Profit 88 M | Profit Margin (0.54) | Market Capitalization 72.1 M | Enterprise Value Revenue 0.7713 | Revenue 237.8 M |
Arena Group Total Revenue |
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Check Arena Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arena Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.1 M, Interest Expense of 18.9 M or Total Revenue of 256.4 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.89 or Days Sales Outstanding of 68.31. Arena financial statements analysis is a perfect complement when working with Arena Group Valuation or Volatility modules.
Arena | Select Account or Indicator |
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Arena Fundamental Market Drivers
Cash And Short Term Investments | 9.3 M |
Arena Upcoming Events
21st of March 2024 Upcoming Quarterly Report | View | |
8th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
About Arena Group Financial Statements
Arena Group investors utilize fundamental indicators, such as revenue or net income, to predict how Arena Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Current Deferred Revenue | 59.8 M | 62.8 M | |
Total Revenue | 244.2 M | 256.4 M | |
Cost Of Revenue | 142.2 M | 149.4 M | |
Stock Based Compensation To Revenue | 0.08 | 0.07 | |
Sales General And Administrative To Revenue | 0.18 | 0.17 | |
Research And Ddevelopement To Revenue | 0.69 | 0.57 | |
Capex To Revenue | 0.02 | 0.01 | |
Revenue Per Share | 10.94 | 10.39 | |
Ebit Per Revenue | (0.15) | (0.15) |
Pair Trading with Arena Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arena Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arena Group will appreciate offsetting losses from the drop in the long position's value.Moving against Arena Stock
0.79 | GETY | Getty Images Holdings | PairCorr |
0.57 | IAC | IAC Inc | PairCorr |
0.5 | SLE | Super League Enterprise | PairCorr |
0.47 | MAX | MediaAlpha | PairCorr |
0.33 | BZ | Kanzhun Ltd ADR | PairCorr |
The ability to find closely correlated positions to Arena Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arena Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arena Group Holdings to buy it.
The correlation of Arena Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arena Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arena Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Arena Group Correlation against competitors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arena Group. If investors know Arena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arena Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 9.104 | Quarterly Revenue Growth (0.20) | Return On Assets (0.12) |
The market value of Arena Group Holdings is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arena Group's market value can be influenced by many factors that don't directly affect Arena Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arena Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.