Curiositystream Inc. · NASDAQ:CURI
Curiositystream — Q3 2025 Earnings Presentation
19 slides from Curiositystream's earnings presentation, November 2025
Slide 1: Investor Presentation November 2025
Investor Presentation November 2025
Slide 2: Legal Disclaimer / Forward-Looking Statement
Legal Disclaimer / Forward-Looking Statement Except for statements of historical fact, information contained in this presentation may constitute "forward-looking statements“ within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-lookin
Slide 3: CuriosityStream Introduction
CuriosityStream Introduction Company Highlights Executive Leadership Team Snapshot 2015 Silver Spring, Founded MD Clint Stinchcomb Brady Hayden Tia Cudahy Becky Reed President & CEO CFO COO SVP & General Counsel Company Headquarters Operational Highlights Rob Burk Jay Sodha Ludo Dufour 1M+ 20M+ 176
Slide 4: Recent Developments
Recent Developments CuriosityStream’s Latest Earnings Highlights Revenue Growth 46%+ Revenue • The Company reported Q3 earnings on Wednesday (November 12th) Growth YoY • The Company reported Q3 2025 Revenue: ~$18.4M Q3'2024 Q3'2025 $18.4 M $12.6 M • The Company reported Q3 2025 Adjusted EBITDA1: ~$3
Slide 5: Our Mission
Our Mission To satisfy foumaread ’s nae curiosity about our world with premium factual F. eich and TRAN frien Woah?
Slide 6: CuriosityStream Monetizes its Content in Three Ways
CuriosityStream Monetizes its Content in Three Ways Subscription Licensing Advertising FAST Channels / Direct to Wholesale AI Model Traditional AVOD Consumer Training Media Players PayTV Social FTA Key Partners Key Partners Key Partners 6 6
Slide 7: CuriosityStream Investment Highlights
CuriosityStream Investment Highlights Differentiated, Scaled Content Library Productized Diversified Revenue Model Content Library with to Serve Massive Results in High Visibility, Flexible Rights Addressable Markets Growth and Cashflow 1M+ Hours ~$100B+ Steady Growth, of Premium, Factual Content Gl
Slide 8: Leading Library with Full Category of Fact-Based Content
Leading Library with Full Category of Fact-Based Content Category-defining content backed by $150M+ of investment Award-Winning Content 8 8 8
Slide 9: Library Defined by Breadth, Depth and Quality with Flexible Rights
Library Defined by Breadth, Depth and Quality with Flexible Rights 1M+ Hours of Full Category of Premium, Factual Flexible Content Factual Content, Original & Licensed Content, Licensing Rights with 13 Languages Supplemented by Content Entertainment & Long-Term Partners Sports and General Sports Ent
Slide 10: Core Monetization Strategy is Subscription Video on Demand (SVOD)
Core Monetization Strategy is Subscription Video on Demand (SVOD) Category & Specialized Services – 1M+ Subs Subscription Pricing Tiers Distribution $4.99/month | $39.99/year Direct to Wholesale Consumer $8.95/month | $89.00/year Key Partners $10.99/month Smart $9.99/month | $69.99/year Bundle 10 10
Slide 11: SVOD is Underpinned by Massive Industry Tailwinds
SVOD is Underpinned by Massive Industry Tailwinds Streaming has Overtaken Consumers are Rapidly Adopting SVOD Market is Massive and Broadcast and Cable1 Multiple Streaming Platforms to Continuing to Grow Curate their Experience Other 10.9% $100B+ 4.9 Average Streaming Platforms SVOD Market Size in 2
Slide 12: Generational Paradigm Shift Creates Content Licensing Opportunity for GenAI Training
A Generational Paradigm Shift in the Industry Has Created a Long-Term Revenue Opportunity in Content Licensing for GenAI Model Training Microsoft, Amazon, Alphabet and Google spending Why Curi Corpus is Elite for AI Training $344B+ this year – much of it on AI infrastructure Ethically Sourced: no sc
Slide 13: CuriosityStream as Honest Broker Between Content Producers and Tech Companies
CuriosityStream is Serving as the Honest Broker Between Content Producers and Tech Companies Aggregate CuriosityStream AI Companies Making and Content Partners Significant Capital Investments 960k+ 470k+ Hours of Raw Produced Hours Video Footage 7,000+ 9M+ Audio Titles Proprietary Coding Data Tokens
Slide 14: AVOD has Emerged as Another High Growth Monetization Strategy
Advertising Video on Demand (AVOD) has Emerged as Another High Growth Monetization Strategy Global TAM Expanding Rapidly as AVOD US Total Annual TV/Video Spend Share1 Scales Across Devices and Markets Ad Spend on Digital TV has now surpassed linear TV $33.8B 12.9% 71% 62% 58% 52% 49% 42% AVOD Global
Slide 15: Leveraging FAST and PayTV Channel Distribution for AVOD Opportunity
CuriosityStream is Initially Leveraging FAST and PayTV Channel Distribution to Capitalize on the Growing AVOD Opportunity Premium Pay TV and free ad-supported streaming television (FAST) linear channel offerings are available globally with major distributors around the world. Featuring factual conte
Slide 16: Q3 Financial Highlights
Q3 Financial Highlights Q3 Commentary Key Q3 Financial Metrics Revenue Growth Driven by Licensing Momentum Total Revenue, Last Five Quarters ($M) • CuriosityStream has experienced an inflection point in growth and $18.4M 46% 46%+ Revenue Growth YoY profitability, driven by both legacy Total Revenue
Slide 17: Balance Sheet Data
Balance Sheet Data Debt-Free Balance Sheet Reduces Financial Risk Commentary • CuriosityStream has zero debt • Holds ~$29.3M in cash, restricted cash and held-to-maturity securities1, providing strong liquidity position for additional investments • Current assets exceed current liabilities, providin
Slide 18: Reconciliation from Net Income to Adjusted EBITDA
Reconciliation from Net Income to Adjusted EBITDA 18 18
Slide 19: Reconciliation from Cash to Cash, Restricted Cash and Held-to-Maturity Securities
Reconciliation from Cash to Cash, Restricted Cash and Held-to-Maturity Securities 19 19