Latest news with #ArenaGroup
Yahoo
08-07-2025
- Business
- Yahoo
Arena Group Holdings vs. Precipio: 2 New Top 100 Stocks to Buy. Precipio's the Buy.
There were 10 new additions to Barchart's Top 100 Stocks to Buy on Monday. Of the 10, Arena Group Holdings (AREN) and Precipio (PRPO) stand out among the bunch of high-flying stocks. Arena Group entered the list in the 89th position, while Precipio jumped into the fray in the 31st spot. This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now? Why Alibaba Stock Looks Like a Screaming Buy After Falling 27% From Its 2025 Highs 2 ETFs Offering Juicy Dividend Yields of 20% or Higher Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The former owns media brands such as TheStreet, Men's Journal, Athlon Sports, and several others. It also helps other media brands grow their businesses by utilizing its digital media platform. The latter's information platform helps physicians better diagnose what's wrong with their patients, thereby reducing misdiagnoses. Both are on Barchart's top 100 stocks to buy list because of their momentum over the past year. While both utilize information and content to generate revenues, Precipio is the wiser long-term buy. Here's why I feel this way. Anyone who works in the publishing industry knows that it is undergoing a lengthy transformation, one that has seen print-based media companies disappear by the thousands over the past decade as digital media has gained control. Arena Group was formerly known as TheMaven until it rebranded in September 2021. 'The Arena Group saw an opportunity to sharpen its focus around building high-performing flagship brands that could cross-pollinate value for publishers within each vertical's ecosystem. The results have been strong over the last year,' stated its Sept. 20, 2021, press release. 'Digital revenue has grown approximately 91% year over year in Q2. Recurring subscriptions across all of The Arena Group's properties now account for 55% of overall revenue.' That all sounds very promising. Where is it today? In mid-May, the company reported its third consecutive profitable quarter, generating $4 million in net income. That was up from a net loss of $103 million in Q1 2024. Most of the loss was due to the discontinuation of its Sports Illustrated media business in March 2024, which it had launched in 2019 under a licensing agreement with Authentic Brands. In 2023, the SI business would have accounted for 41% of Arena Group's revenue and 33% of its losses. In 2024, the discontinued unit would have accounted for 15% of its revenue and 92% of its losses. By Q1 2025, the discontinued operations had largely been eliminated from the income statement, resulting in a profit of $23,000. However, the discontinued unit's current liabilities related to subscriptions and the damages sought by Authentic Brands in court added up to $96 million, or 39% of its total liabilities. Thankfully for shareholders, the company announced a settlement with Authentic Brands on April 29. Although the financial terms were not released, the agreement resulted in the removal of $94 million in accrued liabilities from its balance sheet. Not surprisingly, its shares are up 65% since the announcement. I don't usually opt for tiny micro-cap stocks over small caps. However, Precipio fits the bill because it operates in an industry that isn't shrinking, unlike the media industry. Precipio was founded in 2011 to create innovative technologies to reduce the misdiagnosis of cancer. It has since moved into other areas of healthcare. The company went public in June 2017 by acquiring Transgenomic Inc., an Omaha-based diagnostic company, through a reverse merger. As part of the merger, Transgenomic shareholders received 160.6 million shares of New Precipio, giving them a 48% stake in the merged entity, with Precipio shareholders owning a 52% majority. At the time of the merger, Transgenomic traded over-the-counter after being delisted from Nasdaq in February 2017. Since then, it's been locked in a battle to maintain its listing. It undertook a 1-for-20 reverse split on Sept. 21, 2023, to remain in compliance with Nasdaq listing requirements. Its stock is up 200% in the 21 months since. Why do I like it? Let me be clear: Precipio is only for aggressive investors used to volatility and risk. I'm not here to suggest it is the perfect stock to own for the next decade. Stocks jumping 69 spots in the top 100 stocks to buy are often fueled by speculation alone. Fundamentals be damned. In the trailing 12 months ended March 31, it had $20.0 million in revenue and a $3.0 million operating loss, the second-lowest operating loss in the past decade on 12 times the revenue. '[W]e anticipate continued revenue growth and a return to positive operating cash flow by Q2 or Q3. We believe 2025 will be a transformative year in which scalable growth translates into improved results and long-term shareholder value,' stated CEO Ilan Danieli in its Q1 2025 press release. There is no question the future success of Precipio depends on the growth of its net service revenue. In Q1 2025, it was $4.3 million, 51% higher than the same quarter a year earlier and 87% of overall revenue. Its first-quarter service revenues in the past decade. While significant risk remains, the potential reward is also high. I don't know; maybe it's because I've been writing for so long, but I'm skeptical of Arena Group's ability to generate a consistent profit over the long haul. The media business is not easy. Its job isn't made any easier by the fact that it has $110 million in debt at interest rates ranging from 10.1% to 14.2%. In 2024, it paid out nearly $15 million in interest, pushing it from an operating profit to a pre-tax loss. While it can continue cutting expenses to produce a more flattering income statement--its Q1 2025 operating expenses were half what they were in 2024--it's going to take a lot more than that to eliminate its $475 million accumulated deficit. I don't see that happening in my lifetime. As for Precipio, we're talking about a different kettle of fish. If I hadn't told you the name of the company and what business it was in, and showed you its financials, you wouldn't take long to make up your mind that it's a loser. Perfectly understandable. However, I can see why speculative investors are jumping in, generating share volume of over 100,000 in the past three days combined, which is well above its 12,834 30-day average. If Medicaid and Medicare don't mess things up, its third-party-payer growth in the first quarter was 36% higher than a year ago, accounting for 55% of its overall service revenue. Where it gets interesting is in the products side of its business, which accounted for just 13% of Q1 2025 revenue. The company expects growth on the product side in the second quarter and beyond. With a gross margin of 51%, 900 basis points higher than its pathology services business, it won't take much revenue growth to get to an annual operating profit. I wouldn't make this investment in a tax-advantaged account where you lose the ability to write off capital losses against capital gains. However, if it's money you can afford to lose, Precipio may be close to a tipping point and worth a small bet. On the date of publication, Will Ashworth did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
29-05-2025
- Business
- Yahoo
Video: Royal Caribbean's Star of the Seas clears sea trials
Video: Royal Caribbean's Star of the Seas clears sea trials originally appeared on Come Cruise With Me. With Icon of the Seas, Royal Caribbean created a new standard for megaships. It built a new class completely from scratch. The cruise line started with a blank piece of paper and considered every aspect of the the end, Icon did bring back some features from earlier classes, like the redesigned Central Park and the Royal Promenade, but it was a very unique ship. Now, its sister ship, Star of the Seas, is getting close to its first sailing. "Sailing one step closer to its debut, Royal Caribbean's highly anticipated Star of the Seas has taken to the open ocean for the first time. This week, the next combination of the best of every vacation embarked on a series of sea trials, marking a key construction milestone before the new Icon Class ship makes its way to Port Canaveral (Orlando), Florida, for its August 2025 debut," the cruise line shared on its webpage. A sea trial is a very comprehensive test. "Over 11 days, more than 2,000 experts from the naval architecture, engineering, navigation and design spaces are putting Star to the test across a wide range of technical examinations to ensure it's in ship shape," it added. "From testing how the ship moves through the open water to pushing its engine performance to the limits and more, Star's journey will cover hundreds of miles before the ship enters its final phase of construction at the Meyer Turku shipyard in Turku, Caribbean's Star of the Seas clears sea trials (0:45) Royal Caribbean has not shared who the godfather will be for Star of the Seas or when it will have its official naming ceremony. Because the ship is actually arriving early, it will sail three pre-inaugural sailings in August with paying passengers before its actual inaugural sailing. The cruise line shared some hype on its upcoming ship. "Doubling the world's best vacation count this summer, Star will deliver more of the revolutionary Icon Class combination introduced by Icon, with new twists and signature favorites. Across eight neighborhoods that are destinations in themselves, there are ways for families and vacationers of all ages to make memories with a lineup of thrills — like the fastest and tallest waterslides, unrivaled chill at seven pools for every vibe and mood, and more than 40+ ways to dine, drink, and be entertained. Plus, adventurers can island-hop on 7-night vacations visiting Eastern or Western Caribbean destinations, including the vacation brand's top-rated destination at Perfect Day at CocoCay in The Bahamas." Every Star of the Seas trip from Port Canaveral will stop at Perfect Day at CocoCay. Royal Caribbean has made it clear that it will not call Star of the Seas "The World's Largest Cruise Ship," although it's technically the same size as Icon, which has made that claim. (The Arena Group will earn a commission if you book a cruise.) , or email Amy Post at or call or text her at 386-383-2472. This story was originally reported by Come Cruise With Me on May 28, 2025, where it first appeared.
Miami Herald
21-05-2025
- Miami Herald
Video: Royal Caribbean ship needs assist from Wonder of the Seas
Royal Caribbean's Enchantment of the Seas arrived in Costa Maya, Mexico around 7:30 a.m. facing high wind gusts and rough seas. The ships was able to come alongside the inner pier facing easterly but it was very rocky so the captain, suspended the disembarkation process. Winds were about 15-18 kts and seas rough at 4'-6'. "The hope and now reality/success that Wonder of the Seas arrived and is now miraculously blocking the swells and wind from the other side of the pier (Our portside) and allow a safe disembarkation process to the pier," said Come Cruise With Me's Dennis Post, who is onboard. Wonder of the Seas is a newer Oasis Class Ship with newer technology for maneuvering and stability with a gross tonnage of 228,000 compared to Enchantment of the Seas at 82,000 gross tons. "Wonder is now providing us with significant protection from the elements making the disembarkation procedure safe and underway," according to Post. Be the first to see the best deals on cruises, special sailings, and more. Sign up for the Come Cruise With Me newsletter. Enchantment of the Seas Costa Maya (0:47) Two mega ships Carnival Jubilee from Texas and Wonder from Port Canaveral along with Enchantment of the Seas all docked in Costa Maya on May 21. Those ships brought over 10,000 passengers to the port, which maxes out with three cruise ships. Wonder of the Seas carries 7,900 plus passengers, while Carnival Jubilee has 5,300 plus and Enchantment of the Seas at 2,400, makes it a tight squeeze for the relatively small port area. Sign up for the Come Cruise With Me newsletter to save money on your next (or your first) cruise. That's more people than Costa Maya can serve well, according to multiple passengers on Enchantment who made the trip. "No I'm not getting off into that mess," Becky from Tampa shared as she looked at the situation in port. Brandon Green from Lakeland Florida, a passenger of Enchantment of the Seas did manage to make it off the ship. "It was a nightmare getting into the port and once we got in, the shops were overun," he said. Some ports like Nassau and Cozumel are build to handle six ships or more. Costa Maya has docks for three, but it's crowded any time more than one ship is in port. With two mega-ships in port, that's simply more people than the island has capacity to handle. (The Arena Group will earn a commission if you book a cruise.) Make a free appointment with Come Cruise With Me's Travel Agent Partner, Postcard Travel, or email Amy Post at amypost@ or call or text her at 386-383-2472. Copyright 2025 The Arena Group, Inc. All Rights Reserved
Yahoo
28-02-2025
- Yahoo
Video: Fire breaks out on Carnival Cruise Line ship
Cruise lines ban many items because they might cause a fire. You can't bring an iron, coffee maker, toaster, and most items with heating elements because they can cause a fire. In addition, you're allowed to bring only small lighters (not a torch) for your cigarettes and cigars, while candles are completely outlawed. Rules vary by cruise line, but fire risk is the basis for rules about which kinds of power strips and outlet extenders you can bring onboard. Royal Caribbean's rules are the strictest, allowing only USB and USB-C extenders and prohibiting devices that give you more plugs. Every cruise line also has strict rules regardingsmoking. Cruise ships set aside only limited spaces where smoking is allowed. Generally, that means one or two outdoor deck spaces and, on some cruise lines, in parts of the casinos while smokers are actively gambling. Cruise lines take every step to prevent fires, but one recently broke out on Carnival Glory. Jayson Judson has the full story on his Facebook page.A fire broke out on a balcony on the Carnival Glory that was put out immediately by crew members. The passengers said they were in their cabin and noticed the balcony chair with a towel on it became engulfed in flames, and they started to panic. The three passengers were taken to the medical center, where they were interrogated as to what happened, and they were threatened if they didn't tell the truth, they would contact the FBI. The passengers said they were shaken up by the entire incident and just wanted to be treated with some kindness and respect. What do you think? . Most people who commented on the post were sympathetic to the people in the cabin. "I heard they checked their bags, had no cigarettes, and had no lighters. It obviously came from a cigarette from another balcony blown onto their balcony. Thank god they were in their cabin," wrote @bigguy1443. @StaneyReynolds2916 agreed with that assessment. "Thinking someone on another balcony was smoking and flicked the butt over the side and embers flew onto this balcony and started a fire. Cameras should help as to what happened. If I were them, I would tell them to bring the FBI," they wrote. Many pointed out that the cruise line does not allow people to hang towels on their balcony. "Fire is the biggest threat to a ship!" posted Dolores Perricone. "Unlikely that the towel spontaneously ignited and burst into flames. Someone had to have sparked the fire. Even if it was from another balcony, however, this is one of the reasons for the prohibition of hanging clothes on the balcony." (The Arena Group will earn a commission if you book a cruise.) , or email Amy Post at or call or text her at 386-383-2472.
