Stingray Group Inc. (RAY) Earnings Call Transcripts

Stingray Group Inc.'s Latest Earnings Call - Q4 FY2026

In Q4 2026, Stingray Group Inc. reported a significant revenue increase of 43.6% year-over-year, reaching $137.8 million, primarily driven by the TuneIn acquisition and robust advertising sales. However, the company experienced a net loss of $64.6 million, largely due to a goodwill impairment charge. Management maintained an optimistic outlook for fiscal 2027, projecting organic sales growth above 20% in Q1, supported by strong synergies from the TuneIn integration and a growing programmatic advertising business.

Reported metrics

Guidance from management

Management maintained an adjusted EBITDA margin target of 35% and projected organic sales growth above 20% for Q1 2027, indicating strong momentum from the TuneIn acquisition.

What management said

Okay, Marie. Again, this concludes our prepared remarks. At this point, Marie and I are pleased to answer your questions from our fantastic analysts. So very proud of the analysts that we have.

Yes, it would really be about -- there's a big advantage. It will be about trading, absolutely. And there's a big advantage. You own 2 radio stations, you own 3 radio stations, you have 1 sales force. You have 4 radio stations, you have 1 sales force. There's a lot of savings to having 4 radio stations or 3. We're happy that we bought a third one in Calgary. The synergies there are incredible. And I think that one da...

What analysts pressed on

Analysts expressed concerns regarding the decline in radio revenues and the impact of competition in digital advertising. There were also questions about the slower-than-expected realization of cost synergies from the TuneIn acquisition.

Main topics on the call

• Strong Revenue Growth — Stingray's revenues surged by 43.6% in Q4 2026, reaching $137.8 million, compared to $96 million in Q4 2025. Management noted, "the year-over-year growth was mainly driven by higher advertising and subscription revenues ...
• TuneIn Acquisition Synergies — The integration of TuneIn is proving beneficial, with revenue synergies exceeding CAD 42 million and cost optimization reaching CAD 12 million within six months. CEO Eric Boyko stated, "TuneIn has truly transformative an...
• Decline in Net Income — The company reported a net loss of $64.6 million in Q4 2026, primarily due to a goodwill impairment charge of $64.7 million. This marked a significant decline from a net income of $7.7 million in Q4 2025.
• Advertising Revenue Growth — Advertising revenues increased significantly, with programmatic ad sales approaching a run rate of $275 million. Management highlighted that combined programmatic ad sales are now achieving USD 520,000 per day, exceeding...

Read the full Stingray Group Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 Stingray Group Inc. earnings call transcripts on record, spanning November 6, 2025 to June 10, 2026. The most recent call on file is dated June 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RAY

Exchange

TSX

Country

CA

Sector

Communication Services

Industry

Media

Calls on record

2

First call

November 6, 2025

Most recent

June 10, 2026