Revenues reach $158 million with organic growth of 27.5%, driven by TuneIn and FAST channel segment monetization
- Organic growth of 27.5% year-over-year in Broadcast and Recurring Commercial Music Revenues;
- Revenues increased 65.2% to $158.0 million in the first quarter of 2027 from $95.6 million in the first quarter of 2026;
- Adjusted EBITDA(1) grew 49.3% to $50.3 million in the first quarter of 2027 from $33.7 million in the same period last year. Adjusted EBITDA(1) by segment was $42.9 million or 34.1% of revenues for Broadcasting and Commercial Music, $9.4 million or 29.3% of revenues for Radio, and $(2.0) million for Corporate;
- Adjusted Net income(1) improved 31.1% to $27.9 million, or $0.40 per diluted share, in the first quarter of 2027 from $21.3 million, or $0.31 per diluted share, in the same period of 2026;
- Net income totaled $6.6 million, or $0.10 per diluted share, in the first quarter of 2027 compared to $16.8 million, or $0.24 per diluted share, in the first quarter of 2026;
- Cash flow from operating activities amounted to $4.8 million, or $0.07 per diluted share, in the first quarter of 2027 compared to $19.0 million, or $0.28 per diluted share, in the first quarter of 2026;
- Adjusted free cash flow(1) increased to $32.5 million, or $0.47 per diluted share, in the first quarter of 2027 compared to $18.8 million, or $0.27 per diluted share, in the same period of 2026;
- Net debt to Pro Forma Adjusted EBITDA(1) ratio reached 2.53x in the first quarter of 2027 compared to 2.24x in the first quarter of 2026; and
- Repurchased and cancelled 1.1 million shares for a total of $17.1 million in the first quarter of 2027.
Montreal, August 10, 2026 – Stingray Group Inc. (TSX: RAY) (the “Corporation”; “Stingray”), the world’s leading connected streaming media company, announced today its financial results for the first quarter of fiscal 2027 ended June 30, 2026.
Contact Information
Mathieu Péloquin
Senior Vice-President, Marketing and Communications
Stingray
(514) 664-1244, ext. 2362
mpeloquin@stingray.com