Curiositystream vs Mega Matrix
Curiositystream is the larger business, with $71.7m of revenue in fiscal 2025 against $26.1m for Mega Matrix (2.7 times as much). Curiositystream grew faster (40.1% against -27.9%). Curiositystream kept more of each dollar of sales as profit: a net margin of -9.0% against -131.4%. Curiositystream carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | CuriositystreamCURI, 2025 | Mega MatrixMPU, 2025 |
|---|---|---|
| Revenue | $71.7m | $26.1m |
| Revenue growth | 40.1% | -27.9% |
| Net income | −$6.4m | −$34.3m |
| Operating margin | -10.2% | -110.8% |
| Net margin | -9.0% | -131.4% |
| Return on equity | -12.9% | — |
| Free cash flow | $13.0m | — |
| Cash | $18.3m | $7.3m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 12.8% | — |
| Share buybacks | $0 | — |
| Employees | 42 | — |
| Market value | $151m | $64.2m |
| Price vs our value range | — | — |
| Moat score | 18 (Weak) | — |
| Insider trades, 12 months | 5 buys, 16 sales | 0 buys, 0 sales |