Gaia Reports Fourth Quarter and Full Year 2019 Results

Positive EBITDA and Cash Flows from Operations for Q4A
29% Revenue Growth for 2019BOULDER, Colo., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the fourth quarter and full year ended December 31, 2019.Fourth Quarter 2019 vs. Same Year-Ago Quarter

Generated $0.2 million of positive EBITDA, an improvement of $9.6 million.

Generated $3.3 million in cash flows from operations, an improvement of $11.5 million.

24% increase in revenues.

a??We successfully completed our pivot to positive EBITDA for the quarter with mid 20a??s percentage revenue growth,a?? said Paul Tarell, Gaiaa??s CFO. a??We also demonstrated the power of our negative working capital model with $3.3 million in cash flows generated from operations during the quarter.a??Fourth Quarter 2019 Financial Results
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