Entering text into the input field will update the search result below

Gaia, Inc. (GAIA) CEO Jirka Rysavy on Q2 2021 Results - Earnings Call Transcript

Aug. 02, 2021 7:01 PM ETGaia, Inc. (GAIA)
SA Transcripts profile picture
SA Transcripts

Gaia, Inc. (NASDAQ:GAIA) Q2 2021 Results Earnings Conference Call August 2, 2021 4:30 PM ET

Company Participants

Jirka Rysavy - Founder, Chairman & Chief Executive Officer

Paul Tarell - Chief Financial Officer

Conference Call Participants

Mark Argento - Lake Street

Eric Wold - B. Riley Securities

Darren Aftahi - ROTH Capital Partners

Peter Rabover - Artko Capital


Good afternoon, everyone. And thank you for participating in today's conference call to discuss Gaia Incorporated's Financial Results for the Second Quarter ended June 30, 2021. Joining us today are Gaia's CEO, Jirka Rysavy; and CFO, Paul Tarell. Following some prepared remarks, we will open the call for your questions.

Before we get started, however, I would like to take a minute to read the safe harbor language. The following constitutes the safe harbor statement under the Private Securities Litigation Reform Act of 1995. The matters discussed today include forward-looking statements that involve numerous assumptions, risks and uncertainties. These include, but are not limited to, general business conditions, historical losses, competition, changing consumer preferences, subscriber costs and retention rates, acquisitions and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission, including our reports on Form 10-K and Form 10-Q. Gaia assumes no obligation to publicly update or revise any forward-looking statements. Please note that today's call is being recorded.

And with that, I would now like to turn the call over to Gaia's CEO, Jirka Rysavy. Please go ahead.

Jirka Rysavy

Thank you, Jenny. And good afternoon, everyone. Revenues for our second quarter increased 20% to $19.4 million with 770,000 members. Gross margin was steady at 87.1%. Even with 20% of the revenue gross, our operating expenses in dollars actually slightly decreased improving significantly as a percentage of revenue to 84% from 101% a year ago.

Recommended For You


To report an error in this transcript, .Contact us to add your company to our coverage or use transcripts in your business. Learn more about Seeking Alpha transcripts here. Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.