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THESTREET, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2020 10-Q, filed Aug 6, 2019. Its latest SEC filing is a 15-12G from Aug 19, 2019.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Publishes financial news and analysis, premium investing subscriptions, and advertising for individual investors and advertisers.

How Did They Make Money?

Customers pay for subscriptions to investing information, market commentary and business data; individuals are charged by card and corporate clients are billed monthly, quarterly or annually in advance, with access provided over the subscription period. Advertisers pay for ad placements and sponsorships as they are displayed.

revenue

Who Were Their Customers?

Individual investors visit TheStreet.com for free news and can buy premium subscriptions; the company sells directly to institutional clients, advertisers and their agencies.

Did Revenues Turn Into Profits?

No. It lost $3.8M in .

Operating income,
−6% of revenue
▼ −15% (Loss) vs (−$4M, −7%)
Net income,
−6% of revenue
▲ 0% (Loss) vs (−$3.8M, −7%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2020, the three months to Jun 30, 2019
Revenue
▲ 0%
vs $6.9M in Q1 FY2019
Net income
▼ Now a loss
vs $27.5M in Q1 FY2019
  • Aug 8, 2019 Maven completed its acquisition of TheStreet Nasdaq suspended trading and TheStreet requested delisting.

Grew. Revenue grew 20% in 2 years, from $50.7M in to $61.1M in , about 10% a year.

Who Did They Compete With?

Competes with The Wall Street Journal Digital Network, CNN Business, Forbes.com, Reuters.com, Bloomberg.com, Seeking Alpha, Business Insider, CNBC.com, Yahoo! Finance, AOL Daily Finance, MSN, Financial Times, Fox Business Channel, The Motley Fool, Stansberry & Associates Investment Research, and InvestorPlace Media

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