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Cineverse Corp. CNVS Direct Operating Expenses

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Other financials

Income statement

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Revenue$26.0M+66.7%
Gross profit$13.8M
Operating income-$5.4M-353%
Net income-$875.0K-112%
EPS (diluted)-$0.05-115%

Balance sheet

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Cash & equivalents$3.4M-75.7%
Total debt$403.0K-12.8%
Total equity$44.3M+14.4%
Total assets$130.3M+79.7%

Cash flow

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Operating cash flow-$3.2M-126%
CapEx$267.3K-68.3%
Free cash flow-$2.9M-67.8%

Valuation

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Market cap$69.55M+3.4%
Enterprise value$66.56M+1.3%
P/S1.1×+0.2×

Profitability

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Gross margin98.5%
Operating margin-23.1%-33.2pp
Net margin-16.4%+0.2pp
FCF margin-23.7%+36.2pp

Returns & leverage

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Return on equity-23.9%-3.4pp
Debt / equity0.0×
Current ratio0.8×-0.3×

Where this comes from

Reported directly by Cineverse Corp. in its filing.

Tagged under the XBRL concept cnvs:DirectOperatingExpenses.

The official record: Cineverse Corp.’s 10-K, filed June 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cineverse Corp.'s direct operating expenses?
Cineverse Corp. (CNVS) reported direct operating expenses of $15.59M in Q1 2026.
How has Cineverse Corp.'s direct operating expenses changed year-over-year?
Cineverse Corp.'s direct operating expenses increased by 121.5% year-over-year, from $7.04M to $15.59M.
What is the long-term trend for Cineverse Corp.'s direct operating expenses?
Over 4 years (2022 to 2026), Cineverse Corp.'s direct operating expenses has grown at a 10.1% compound annual growth rate (CAGR), from $20.89M to $30.66M.
What does direct operating expenses mean?
Costs directly attributable to the production, delivery, or maintenance of the company's core products and services. Monitoring these expenses helps assess the variable cost structure and the direct efficiency of the primary business model.