Gaia expects to join Russell 2000 Index on June 30

BOULDER, Colo. - Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company with an impressive 86.7% gross profit margin according to InvestingPro data, announced Monday it expects to be included in the Russell 2000 Index effective June 30, 2025, as part of the annual Russell indexes reconstitution.

The Russell US indexes reconstitution captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell indexes remains in place for one year.

"We are honored to be included in the Russell 2000 Index, a significant milestone that reflects our strong performance and continued growth," said Ned Preston, Gaia's Chief Financial Officer, in a press release statement.

Russell indexes serve as benchmarks for investment managers and institutional investors. According to data from June 2024, approximately $10.6 trillion in assets are benchmarked against Russell US indexes, which are maintained by FTSE Russell.

Gaia operates a subscription-based video streaming service focused on conscious media through four primary channels: Seeking Truth, Transformation, Alternative Healing, and Yoga. The company offers content in four languages to members across 185 countries.

The company's library includes over 10,000 titles, with more than 88% exclusive to Gaia's platform. Approximately 75% of viewership comes from content produced or owned by Gaia.

The information in this article is based on a company press release.

In other recent news, Gaia Inc. reported its financial results for the first quarter of 2025, showing a slight improvement in earnings per share (EPS) to -$0.04, which exceeded the forecast of -$0.0425. Despite this, the company's revenue of $23.8 million fell short of the expected $24.2 million, marking a 12% year-over-year increase. The gross margin improved to 87.8%, indicating operational efficiency, while the operating cash flow reached $1.3 million and the free cash flow was $700,000. Gaia Inc. plans to maintain its gross margin between 86-87% for the remainder of the year and is set to launch an AI-driven community platform in Q1 2026. CEO James Calhoun will transition to the role of Chief Business Development Officer at the end of Q2, with Kirsten Medvedic stepping in as the new CEO. The company is also exploring content and technology licensing opportunities, which could potentially expand its market presence. Despite missing revenue expectations, Gaia Inc. continues to focus on strategic growth initiatives, including AI integration and community engagement.

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