PAAI on NYSE

Paradium.AI, Inc.

American cable and other pay television services company, listed on NYSE (PAAI). Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

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  • TickerPAAI on NYSE1
  • IndustryCable & Other Pay Television Services1
  • HeadquartersNew York, New York1
  • Incorporated inDE2
  • Business address200 Vesey Street, 24Th Floor, New York, Ny 102812
  • Filer categoryAccelerated filer, Smaller reporting company2

The Arena Group Holdings, Inc. (“Arena Group,” “we,” or “our”) is a brand, data and IP company that builds, acquires, and scales high-performing digital assets. We combine technology, storytelling, and entrepreneurship to create deep content verticals that engage passionate audiences across sports & leisure, lifestyle, and finance.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

50.7%Gross margin4
30.3%Operating margin4
92.6%Net margin5
7.1%Revenue growth, 20254
$39.2MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Digital Advertising brought in 64% of the revenue Paradium.AI, Inc. broke down this way in fiscal 2025.

  1. Digital Advertising$86.9M464%down 7% from 2024
  2. Performance Marketing$19.6M415%up 80% from 2024
  3. Publisher Revenue$19.5M414%up 146% from 2024
  4. Digital Subscriptions$5.8M44%down 25% from 2024
  5. Product and Service, Other$1.9M41%down 64% from 2024
  6. Print Revenue$1.0M41%down 5% from 2024
Products and services by year
Products and services20242025
Digital Advertising$93.0M$86.9M
Performance Marketing$10.9M$19.6M
Publisher Revenue$7.9M$19.5M
Digital Subscriptions$7.8M$5.8M
Product and Service, Other$5.2M$1.9M
Print Revenue$1.1M$1.0M

Business segments

Sports And Leisure brought in 35% of the revenue Paradium.AI, Inc. broke down this way in fiscal 2025.

  1. Sports And Leisure$47.3M435%down 7% from 2024
  2. Finance$38.2M428%up 38% from 2024
  3. Lifestyle$38.0M428%up 21% from 2024
  4. Platform And Other$11.3M48%down 29% from 2024
Business segments by year
Business segments20242025
Sports And Leisure$50.8M$47.3M
Finance$27.7M$38.2M
Lifestyle$31.5M$38.0M
Platform And Other$15.9M$11.3M

Regions

United States brought in 95% of the revenue Paradium.AI, Inc. broke down this way in fiscal 2025.

  1. United States$127.8M495%up 8% from 2024
  2. Outside the United States$7.1M45%down 5% from 2024
Regions by year
Regions20242025
United States$118.5M$127.8M
Outside the United States$7.4M$7.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue33¢$66.5M
  • Interest6¢$11.4M
  • Income tax0¢$520.0K
  • Profit61¢$124.9M

Out of $134.8M in revenue.45

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$39.2M

Out of $39.2M of cash from operations.4

Financial statements

Revenue6789104$134.8M in 2025+153% since 2019
0$100.0M$200.0M$300.0M2019: $53.3M$53.3M20192020: $128.0M$128.0M2020+140%2021: $189.1M$189.1M2021+48%2022: $220.9M$220.9M2022+17%2023: $143.6M$143.6M2023−35%2024: $125.9M$125.9M2024−12%2025: $134.8M$134.8M2025+7%
Gross profit6789104$68.3M in 2025+1031% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $6.0M$6.0M20192020: $25.0M$25.0M2020+313%2021: $78.6M$78.6M2021+215%2022: $88.0M$88.0M2022+12%2023: $55.3M$55.3M2023−37%2024: $55.7M$55.7M2024+1%2025: $68.3M$68.3M2025+23%
Operating income6789104$40.8M in 2025
-$100.0M-$50.0M0$50.0M2019: -$40.8M-$40.8M20192020: -$71.2M-$71.2M2020+74%2021: -$84.3M-$84.3M2021+18%2022: -$55.9M-$55.9M2022−34%2023: -$17.5M-$17.5M2023−69%2024: $7.9M$7.9M20242025: $40.8M$40.8M2025+418%
Net income67895$124.9M in 2025
-$200.0M-$100.0M0$100.0M$200.0M2019: -$38.5M-$38.5M20192020: -$89.2M-$89.2M2020+132%2021: -$89.9M-$89.9M2021+1%2022: -$70.9M-$70.9M2022−21%2023: -$55.6M-$55.6M2023−22%2024: -$100.7M-$100.7M2024+81%2025: $124.9M$124.9M2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenue$134.8M$125.9M
Cost of revenue$66.5M$70.2M
Gross profit$68.3M$55.7M
Selling and marketing$7.0M$12.5M
General and administrative$17.1M$30.4M
Depreciation and amortization$3.5M$3.7M
Impairment of intangible assets$0$1.2M
Total operating expenses$27.6M$47.8M
Income from operations$40.8M$7.9M
Change in valuation of contingent consideration$0-$313.0K
Interest expense, net-$11.4M-$14.7M
Liquidated damages-$305.0K-$306.0K
Total other expense-$11.7M-$15.3M
Income (loss) before income taxes$29.1M-$7.4M
Income tax provision-$520.0K-$249.0K
Income (loss) from continuing operations$28.6M-$7.7M
Income (loss) from discontinued operations, net of tax$96.2M-$93.0M
Net income (loss)$124.9M-$100.7M
Continuing operations (in dollars per share)$1-$0
Discontinued operations (in dollars per share)$2-$3
Basic net income (loss) per common share (in dollars per share)$2.63-$2.85
Continuing operations (in dollars per share)$1-$0
Discontinued operations (in dollars per share)$2-$3
Diluted net income (loss) per common share (in dollars per share)$2.62-$2.85
Basic (in shares)47.5M shares35.4M shares
Diluted (in shares)47.7M shares35.4M shares
Amortization cost$5.4M$6.0M

Compare Paradium.AI, Inc. with another company

Leadership

Who has led Paradium.AI, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Former names

  • Arena Group Holdings, Inc.Jan 21, 2022 to Aug 13, 20262
  • theMaven, Inc.Jan 30, 2017 to Feb 7, 20222
  • INTEGRATED SURGICAL SYSTEMS INCJul 30, 1996 to Dec 9, 20162

Timeline

  1. Mar 7, 2025New chief executive Paul Taylor Edmondson becomes CEO14
  2. Apr 30, 2024New chief executive Sara Silverstein becomes CEO16
  3. Mar 1, 2024New chief executive Cavitt Randall becomes CEO15
  4. Dec 29, 2020New chief executive Ross Levinsohn becomes CEO17
  5. May 16, 2008New chief executive Christopher A. Marlett becomes CEO18
  6. Aug 29, 2007New chief executive Peter B. Mills becomes CEO19
  7. Dec 6, 2006New chief executive Ramesh C. Trivedi becomes CEO20

Filings

377 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 89 major events, 173 insider forms, 14 large holders, 78 other. The latest 20:

  1. Sep 18, 20268-K EDGAR
  2. Sep 18, 20268-K EDGAR
  3. Sep 10, 20268-K EDGAR
  4. Aug 13, 20268-K EDGAR
  5. Aug 10, 20268-K EDGAR
  6. Aug 10, 202610-Q EDGAR
  7. Aug 10, 20268-K EDGAR
  8. May 11, 20268-K EDGAR
  9. May 11, 202610-Q EDGAR
  10. Apr 30, 202610-K/A EDGAR
  11. Mar 17, 20268-K EDGAR
  12. Mar 16, 202610-K EDGAR
  13. Mar 16, 20268-K EDGAR
  14. Jan 7, 20268-K EDGAR
  15. Dec 18, 20258-K EDGAR
  16. Nov 19, 2025DEF 14A EDGAR
  17. Nov 19, 20258-K EDGAR
  18. Nov 13, 202510-Q EDGAR
  19. Nov 13, 20258-K EDGAR
  20. Oct 17, 20258-K EDGAR

The 377 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 38 buys and 7 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Feb 12, 2025Lee Laura AnneDirectorSale55,780$1.40$78.1KForm 4
Feb 12, 2025Randall CavittDirectorBuy55,780$1.40$78.1KForm 4
Feb 3, 2025Petzel ChristopherDirectorSale25,010$1.35$33.8KForm 4
Feb 3, 2025Randall CavittDirectorBuy25,010$1.35$33.8KForm 4
Jan 17, 2025Petzel ChristopherDirectorSale25,000$1.23$30.8KForm 4
Jan 17, 2025Randall CavittDirectorBuy25,000$1.23$30.8KForm 4
Nov 15, 2024STROME MARK ESale217,574$1.71$372.1KForm 4
Aug 28, 2024Edmondson Paul TaylorChief Executive OfficerSale84,148$0.85$71.5KForm 4
Feb 14, 2024Simplify Inventions, LLC10% ownerBuy5,555,555$2.16$12.0MForm 4
Dec 1, 2023Sims Todd D.DirectorSale52,267$2.90$151.6KForm 4
Nov 30, 2023RILEY BRYANT R10% ownerSale7,400,017$2.90$21.5MForm 4
Jun 23, 2023B. Riley Financial, Inc.10% ownerBuy202,197$3.65$737.0KForm 4
Jun 22, 2023B. Riley Financial, Inc.10% ownerBuy29,598$3.50$103.6KForm 4
Jun 21, 2023B. Riley Financial, Inc.10% ownerBuy13,424$3.50$47.0KForm 4
Jun 20, 2023B. Riley Financial, Inc.10% ownerBuy3,976$3.50$13.9KForm 4
Jun 16, 2023B. Riley Financial, Inc.10% ownerBuy18,717$3.50$65.5KForm 4
Jun 15, 2023B. Riley Financial, Inc.10% ownerBuy1,041$3.50$3.6KForm 4
May 26, 2023BRF Investments, LLC10% ownerBuy20,210$3.45$69.7KForm 4
May 22, 2023BRF Investments, LLC10% ownerBuy2,574$3.45$8.9KForm 4
May 19, 2023B. Riley Financial, Inc.10% ownerBuy8,244$3.45$28.4KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 45. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC1,313,103$1.1M0.0%+161,152
BlackRock, Inc.203,946$169.3K0.0%−542,446
Millennium Management LLC176,255$146.3K0.0%New
Geode Capital Management, LLC130,871$108.7K0.0%−151,248
Goldman Sachs Group Inc122,985$102.1K0.0%+51,039
State Street Corp109,544$90.9K0.0%−176,751
Susquehanna International Group, Llp97,506$80.9K0.0%+55,301
Vanguard Fiduciary Trust Co95,214$79.0K0.0%−11,480
Bridgeway Capital Management, LLC75,000$62.2K0.0%+7,400
UBS Group AG61,142$50.7K0.0%+46,298
First Trust Advisors LP39,497$32.8K0.0%+1,675
Northern Trust Corp30,184$25.1K0.0%−77,213
XTX Topco Ltd25,993$21.6K0.0%New
Callan Family Office, LLC22,424$18.6K0.0%New
Magnolia Capital Advisors LLC22,000$18.3K0.0%No change
Qube Research & Technologies Ltd21,662$18.0K0.0%New
Russell Investments Group, Ltd.20,646$17.1K0.0%+14,671
Aqr Capital Management LLC19,366$16.1K0.0%−9,949
Private Wealth Asset Management, LLC13,700$11.4K0.0%+11,300
DLK Investment Management, LLC13,800$10.6K0.0%New
Ground Swell Capital, LLC11,684$9.7K0.0%New
Balyasny Asset Management L.P.10,071$8.4K0.0%New
Fmr LLC7,795$6.5K0.0%+5,870
Morgan Stanley7,158$5.9K0.0%−4,320
Vanguard Global Advisers, LLC5,263$4.4K0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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