{"id":696495,"date":"2026-06-10T22:29:08","date_gmt":"2026-06-10T22:29:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/696495\/"},"modified":"2026-06-10T22:29:08","modified_gmt":"2026-06-10T22:29:08","slug":"stingray-posts-record-revenue-growth-citing-early-success-of-tunein-deal-story","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/696495\/","title":{"rendered":"Stingray Posts Record Revenue Growth, Citing Early Success Of TuneIn Deal. | Story"},"content":{"rendered":"

Streaming music, radio and media company Stingray reported strong fourth-quarter and full-year results for fiscal 2026, driven largely by its acquisition and integration of internet radio platform TuneIn<\/a>.<\/p>\n

The Montreal-based company said fourth-quarter revenue rose 43.6% to approximately $100.6 million (U.S.) vs. about $70.1 million a year earlier. Adjusted EBITDA, a measure of operating profitability, increased 21.3% to roughly $31 million, while adjusted net income climbed to about $15.2 million, up from $13.6 million in the year-earlier quarter.<\/p>\n

For the full fiscal year ended March 31, revenue increased 21.9% to approximately $344.3 million, while adjusted EBITDA rose 12.6% to about $117 million. Adjusted net income reached roughly $65.9 million, up 24.3% from the prior year.<\/p>\n

The company also generated approximately $85.1 million in operating cash flow during the year, an increase of 11%, while adjusted free cash flow rose 22.1% to about $74.5 million.<\/p>\n

Stingray reported a net loss of approximately $47.2 million for the fourth quarter and a full-year net loss of about $20.9 million, primarily because of one-time accounting charges related to acquisitions, including a goodwill impairment and expenses associated with the TuneIn transaction.<\/p>\n

CEO and co-founder Eric Boyko said the acquisition is already producing significant benefits.<\/p>\n

\u201cStingray delivered a strong financial performance in fiscal 2026 as revenues and adjusted EBITDA increased 21.9% and 12.6%, respectively, driven by the game-changing TuneIn acquisition and rapidly growing FAST channel segment,\u201d Boyko said in a statement announcing the results.<\/p>\n

TuneIn, an internet radio and live audio platform, has become a major contributor to Stingray\u2019s business since the acquisition closed. Company executives said integration efforts are progressing ahead of schedule and are generating stronger-than-expected returns.<\/p>\n

According to Stingray, revenue synergies tied to TuneIn have already exceeded $30 million, while cost savings and operational efficiencies have surpassed $8.8 million. The company said the acquisition has strengthened both its advertising and subscription businesses and significantly expanded its presence in the U.S.<\/p>\n

The impact was particularly evident in the company\u2019s geographic results. U.S. revenue more than doubled during the fourth quarter, rising 117% to approximately $60.2 million, largely because of TuneIn’s contribution.<\/p>\n

Beyond TuneIn, Stingray benefited from continued growth in its free ad-supported streaming television, or FAST, channels and from contributions by karaoke-products company The Singing Machine, another recent acquisition. Those gains helped offset softer results in the company\u2019s traditional radio business, where advertising sales remained under pressure.<\/p>\n

The company ended fiscal 2026 with approximately $15.1 million in cash and access to nearly $383 million in available credit facilities.<\/p>\n

As Stingray continues integrating TuneIn and expanding its streaming, digital advertising and subscription offerings, executives said they expect the acquisition to remain a key driver of growth in the year ahead.<\/p>\n

\u201cThe TuneIn integration continues to outperform our expectations,\u201d Boyko said, adding that the company remains focused on expanding its digital media footprint and unlocking additional value from the combination.<\/p>\n","protected":false},"excerpt":{"rendered":"Streaming music, radio and media company Stingray reported strong fourth-quarter and full-year results for fiscal 2026, driven largely…\n","protected":false},"author":2,"featured_media":696496,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[88,7056,216,3],"class_list":["post-696495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-music","tag-entertainment","tag-free","tag-music","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/696495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=696495"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/696495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/696496"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=696495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=696495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=696495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}