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CuriosityStream Inc. (CURI) 10-Year Financial Performance & Capital Metrics

CURI • • Industrial / General
Communication ServicesBroadcastingDigital Streaming & Content PlatformsFactual Content Streaming
AboutCuriosityStream Inc. operates as a factual content streaming service and media company. The company provides premium video programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via the distributor's platform or system; and through bundled content licenses for SVoD and linear offerings, partner bulk sales, brand partnerships, and content sales. It offers streaming content through devices, including televisions, set-top boxes, computers, streaming media players, game consoles, and mobile devices. As of December 31, 2021, it had approximately 23 million total paying subscribers, including direct subscribers, partner direct subscribers, and bundled MVPD subscribers. The company was founded in 2015 and is based in Silver Spring, Maryland.Show more
  • Revenue $51M -10.1%
  • EBITDA $6M +392.2%
  • Net Income -$13M +73.5%
  • EPS (Diluted) -0.24 +73.9%
  • Gross Margin 50.4% +34.4%
  • EBITDA Margin 12% +425.1%
  • Operating Margin -26.07% +41.8%
  • Net Margin -25.31% +70.6%
  • ROE -19.83% +61.4%
  • ROIC -21.39% +32.1%
  • Debt/Equity 0.07 +25.6%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓FCF machine: 15.9% free cash flow margin
  • ✓Strong 5Y sales CAGR of 23.2%
  • ✓Healthy dividend yield of 2.1%

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y23.19%
3Y-10.47%
TTM28.62%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM63.12%

EPS CAGR

10Y-
5Y-
3Y-
TTM65.7%

ROCE

10Y Avg-38.05%
5Y Avg-36.63%
3Y Avg-26.59%
Latest-19.05%

Peer Comparison

Factual Content Streaming
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Per Share
Growth
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Quality & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CURICuriosityStream Inc.210.46M3.61-15.04-10.12%-8.19%-11.56%3.87%0.07

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+9.35M18.03M39.62M71.26M78.04M56.89M51.13M
Revenue Growth %-0.93%1.2%0.8%0.1%-0.27%-0.1%
Cost of Goods Sold+14.43M6.81M15.42M36.67M51.54M35.55M25.36M
COGS % of Revenue1.54%0.38%0.39%0.51%0.66%0.62%0.5%
Gross Profit+-5.08M11.22M24.2M34.59M26.51M21.34M25.77M
Gross Margin %-0.54%0.62%0.61%0.49%0.34%0.38%0.5%
Gross Profit Growth %-3.21%1.16%0.43%-0.23%-0.2%0.21%
Operating Expenses+28.29M55.66M63M87.07M78.19M46.84M39.1M
OpEx % of Revenue3.03%3.09%1.59%1.22%1%0.82%0.76%
Selling, General & Admin28.29M55.13M63M87.07M78.19M46.84M39.1M
SG&A % of Revenue3.03%3.06%1.59%1.22%1%0.82%0.76%
Research & Development0000000
R&D % of Revenue-------
Other Operating Expenses0532K00000
Operating Income+-33.38M-44.45M-38.8M-52.48M-51.68M-25.5M-13.33M
Operating Margin %-3.57%-2.47%-0.98%-0.74%-0.66%-0.45%-0.26%
Operating Income Growth %--0.33%0.13%-0.35%0.02%0.51%0.48%
EBITDA+-20.34M-40.49M-28.71M-23.99M-11.69M-2.1M6.14M
EBITDA Margin %-2.18%-2.25%-0.72%-0.34%-0.15%-0.04%0.12%
EBITDA Growth %--0.99%0.29%0.16%0.51%0.82%3.92%
D&A (Non-Cash Add-back)13.03M3.96M10.09M28.49M39.99M23.4M19.47M
EBIT-33.38M-44.45M-38.8M-52.48M-51.68M-25.5M-13.33M
Net Interest Income+02.07M500K486K176K1.27M3.07M
Interest Income1.55M2.07M500K486K176K1.27M3.07M
Interest Expense0000000
Other Income/Expense-1.55M2.07M-9.62M15.2M1.13M-22.89M524K
Pretax Income+-34.93M-42.38M-48.42M-37.27M-50.55M-48.39M-12.81M
Pretax Margin %-3.74%-2.35%-1.22%-0.52%-0.65%-0.85%-0.25%
Income Tax+43K142K179K360K367K506K132K
Effective Tax Rate %1.05%1%1%1.01%1.01%1.01%1.01%
Net Income+-36.71M-42.52M-48.6M-37.63M-50.92M-48.9M-12.94M
Net Margin %-3.93%-2.36%-1.23%-0.53%-0.65%-0.86%-0.25%
Net Income Growth %--0.16%-0.14%0.23%-0.35%0.04%0.74%
Net Income (Continuing)-36.71M-42.52M-48.6M-37.63M-50.92M-48.9M-12.94M
Discontinued Operations0000000
Minority Interest0000000
EPS (Diluted)+-1.84-3.24-0.92-0.73-0.96-0.92-0.24
EPS Growth %--0.76%0.72%0.21%-0.32%0.04%0.74%
EPS (Basic)-1.84-3.24-0.92-0.73-0.96-0.92-0.24
Diluted Shares Outstanding20M13.16M52.55M51.79M52.79M53.04M54.48M
Basic Shares Outstanding19.95M13.16M52.55M51.48M52.79M53.04M54.48M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+99.91M48.58M51.24M113.29M69.51M45.29M39.52M
Cash & Short-Term Investments96.18M44.34M33.37M81.05M54.99M37.72M32.06M
Cash Only62.52M8.82M11.2M15.22M40.01M37.72M7.83M
Short-Term Investments33.66M35.52M22.17M65.83M14.99M024.24M
Accounts Receivable1.27M1.78M7.22M23.49M10.9M4.76M6.1M
Days Sales Outstanding49.835.9866.53120.3350.9730.5443.56
Inventory006.18M0000
Days Inventory Outstanding--146.33----
Other Current Assets2.46M2.33M4.47M8.74M3.62M2.81M1.35M
Total Non-Current Assets+13.92M33.88M37.35M104.29M84.6M55.73M46.66M
Property, Plant & Equipment884K1.45M1.35M1.34M4.8M4.08M3.58M
Fixed Asset Turnover10.57x12.42x29.44x53.10x16.27x13.95x14.26x
Goodwill0002.79M000
Intangible Assets4.01M032.93M74.05M68.5M44.94M31.51M
Long-Term Investments8.92M15.65M2.83M25.42M10.77M6.35M11.31M
Other Non-Current Assets112K16.78M254K689K539K358K257K
Total Assets+113.83M82.46M88.59M217.58M154.11M101.02M86.18M
Asset Turnover0.08x0.22x0.45x0.33x0.51x0.56x0.59x
Asset Growth %--0.28%0.07%1.46%-0.29%-0.34%-0.15%
Total Current Liabilities+7.13M17.92M21.68M47.97M30.96M23.4M23.86M
Accounts Payable2.88M5.25M3.58M3.43M6.07M4.76M5.61M
Days Payables Outstanding72.72281.1284.6834.1242.9548.9280.7
Short-Term Debt0000000
Deferred Revenue (Current)01000K1000K1000K1000K1000K1000K
Other Current Liabilities4.26M5.57M2.12M9.68M2.86M407K1.99M
Current Ratio14.00x2.71x2.36x2.36x2.25x1.94x1.66x
Quick Ratio14.00x2.71x2.08x2.36x2.25x1.94x1.66x
Cash Conversion Cycle--128.18----
Total Non-Current Liabilities+0824K21.94M7.67M5.53M4.98M4.47M
Long-Term Debt0000000
Capital Lease Obligations00004.65M4.28M3.89M
Deferred Tax Liabilities0000000
Other Non-Current Liabilities0824K21.94M7.67M879K695K584K
Total Liabilities7.13M18.74M43.62M55.64M36.49M28.38M28.33M
Total Debt+00004.65M4.28M4.28M
Net Debt-62.52M-8.82M-11.2M-15.22M-35.36M-33.43M-3.54M
Debt / Equity----0.04x0.06x0.07x
Debt / EBITDA------0.70x
Net Debt / EBITDA-------0.58x
Interest Coverage-------
Total Equity+105.05M63.72M44.97M161.94M117.63M72.65M57.85M
Equity Growth %--0.39%-0.29%2.6%-0.27%-0.38%-0.2%
Book Value per Share5.254.840.863.132.231.371.06
Total Shareholders' Equity105.05M63.72M44.97M161.94M117.63M72.65M57.85M
Common Stock200K1K4K5K5K5K5K
Retained Earnings-34.44M-91.64M-152.55M-190.18M-241.1M-290M-308.41M
Treasury Stock000000-251K
Accumulated OCI5K189K10K-222K-40K00
Minority Interest0000000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-31.93M-44.71M-53.51M-73.24M-39.52M-16.17M8.15M
Operating CF Margin %-3.42%-2.48%-1.35%-1.03%-0.51%-0.28%0.16%
Operating CF Growth %--0.4%-0.2%-0.37%0.46%0.59%1.5%
Net Income-34.97M-42.66M-48.6M-37.63M-50.92M-48.9M-12.94M
Depreciation & Amortization13.03M3.96M10.09M28.49M39.99M23.4M19.47M
Stock-Based Compensation35K1.29M4.3M6.96M6.64M4M6.57M
Deferred Taxes0000000
Other Non-Cash Items-7.99M-14.87M-17.48M-69.46M-40.22M3.9M-3.14M
Working Capital Changes-2.04M7.57M-1.82M-1.6M4.98M1.43M-1.81M
Change in Receivables-677K-502K-5.45M-16.24M11.86M6.14M-1.34M
Change in Inventory0300K00000
Change in Payables02.36M-1.53M-127K2.65M-1.29M843K
Cash from Investing+-42.63M-8.99M25.45M-74.94M62.7M14M-31.41M
Capital Expenditures-56K-767K-367K-351K-130K-5K0
CapEx % of Revenue0.01%0.04%0.01%0%0%0%-
Acquisitions-------
Investments-------
Other Investing-42.57M-8.22M00000
Cash from Financing+136.8M036.62M148.34M-218K-123K-7.01M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid000000-4.06M
Share Repurchases-------
Other Financing136.8M036.62M54.24M-218K-123K-2.7M
Net Change in Cash-------
Free Cash Flow+-31.99M-45.48M-53.88M-73.59M-39.65M-16.18M8.15M
FCF Margin %-3.42%-2.52%-1.36%-1.03%-0.51%-0.28%0.16%
FCF Growth %--0.42%-0.18%-0.37%0.46%0.59%1.5%
FCF per Share-1.60-3.45-1.03-1.42-0.75-0.300.15
FCF Conversion (FCF/Net Income)0.87x1.05x1.10x1.95x0.78x0.33x-0.63x
Interest Paid0000000
Taxes Paid044K270K269K614K195K80K

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)-34.94%-50.38%-89.42%-36.38%-36.43%-51.4%-19.83%
Return on Invested Capital (ROIC)-58.85%-68.43%-65.63%-43.61%-33.85%-31.49%-21.39%
Gross Margin-54.41%62.22%61.09%48.54%33.96%37.5%50.4%
Net Margin-392.79%-235.86%-122.66%-52.81%-65.24%-85.95%-25.31%
Debt / Equity----0.04x0.06x0.07x
FCF Conversion0.87x1.05x1.10x1.95x0.78x0.33x-0.63x
Revenue Growth-92.89%119.8%79.86%9.52%-27.11%-10.12%

Revenue by Segment

2021202220232024
Product and Service, Other--1.79M807K
Product and Service, Other Growth----54.99%
Enterprise--141K247K
Enterprise Growth---75.18%

Revenue by Geography

2021202220232024
UNITED STATES41.46M48.27M31.98M33.46M
UNITED STATES Growth-16.42%-33.75%4.63%
Non-US--24.91M17.68M
Non-US Growth----29.04%
OtherMember21.18M18.56M20.91M-
OtherMember Growth--12.36%12.67%-
TotalInternationalMember29.8M29.77M--
TotalInternationalMember Growth--0.09%--
GERMANY8.63M3.02M--
GERMANY Growth--64.94%--

Frequently Asked Questions

Growth & Financials

CuriosityStream Inc. (CURI) reported $66.6M in revenue for fiscal year 2024. This represents a 613% increase from $9.3M in 2018.

CuriosityStream Inc. (CURI) saw revenue decline by 10.1% over the past year.

CuriosityStream Inc. (CURI) reported a net loss of $5.5M for fiscal year 2024.

Dividend & Returns

Yes, CuriosityStream Inc. (CURI) pays a dividend with a yield of 2.07%. This makes it attractive for income-focused investors.

CuriosityStream Inc. (CURI) has a return on equity (ROE) of -19.8%. Negative ROE indicates the company is unprofitable.

CuriosityStream Inc. (CURI) generated $12.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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