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Gaia Announces Board Changes and Financial Growth

Story Highlights
  • Gaia will not renominate James Colquhoun, who remains CEO, and nominates Robert Grant for the board.
  • Gaia’s preliminary 2024 financials show revenue growth and improved profit margins and cash flow.
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Gaia Announces Board Changes and Financial Growth

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Gaia ( (GAIA) ) has provided an update.

Gaia has announced changes to its Board of Directors as part of its corporate governance enhancement efforts by not renominating James Colquhoun for the 2025 annual meeting, although he will continue as CEO. Robert Grant will be nominated as an independent director, with Colquhoun remaining as a non-voting board observer. The company also shared unaudited preliminary financial results for Q4 and FY 2024, showing revenue growth to $24.4 million for Q4 and $90.4 million for the year, alongside improved gross profit margins and free cash flow, reflecting a strong operational performance.

More about Gaia

YTD Price Performance: 22.49%

Average Trading Volume: 24,215

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $131.6M

For detailed information about GAIA stock, go to TipRanks’ Stock Analysis page.

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