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CuriosityStream (CuriosityStream) Piotroski F-Score : 3 (As of May. 02, 2024)


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What is CuriosityStream Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

CuriosityStream has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for CuriosityStream's Piotroski F-Score or its related term are showing as below:

CURI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 3
Current: 3

During the past 5 years, the highest Piotroski F-Score of CuriosityStream was 3. The lowest was 2. And the median was 3.


CuriosityStream Piotroski F-Score Historical Data

The historical data trend for CuriosityStream's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CuriosityStream Piotroski F-Score Chart

CuriosityStream Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A 3.00 2.00 3.00

CuriosityStream Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 3.00 2.00 1.00 3.00

Competitive Comparison of CuriosityStream's Piotroski F-Score

For the Broadcasting subindustry, CuriosityStream's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CuriosityStream's Piotroski F-Score Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CuriosityStream's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CuriosityStream's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was -7.751 + -9.921 + -26.565 + -4.659 = $-48.90 Mil.
Cash Flow from Operations was -6.308 + -4.3 + -3.022 + -2.542 = $-16.17 Mil.
Revenue was 12.387 + 14.097 + 15.63 + 14.775 = $56.89 Mil.
Gross Profit was 3.386 + 4.164 + 7.136 + 6.65 = $21.34 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(154.113 + 143.102 + 133.117 + 106.308 + 101.022) / 5 = $127.5324 Mil.
Total Assets at the begining of this year (Dec22) was $154.11 Mil.
Long-Term Debt & Capital Lease Obligation was $4.28 Mil.
Total Current Assets was $45.29 Mil.
Total Current Liabilities was $23.40 Mil.
Net Income was -15.892 + -15.977 + -4.502 + -14.546 = $-50.92 Mil.

Revenue was 17.627 + 22.348 + 23.569 + 14.499 = $78.04 Mil.
Gross Profit was 5.777 + 9.36 + 10.003 + 1.367 = $26.51 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(217.578 + 201.177 + 187.847 + 174.712 + 154.113) / 5 = $187.0854 Mil.
Total Assets at the begining of last year (Dec21) was $217.58 Mil.
Long-Term Debt & Capital Lease Obligation was $4.65 Mil.
Total Current Assets was $69.51 Mil.
Total Current Liabilities was $30.96 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

CuriosityStream's current Net Income (TTM) was -48.90. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

CuriosityStream's current Cash Flow from Operations (TTM) was -16.17. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=-48.896/154.113
=-0.31727369

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-50.917/217.578
=-0.23401723

CuriosityStream's return on assets of this year was -0.31727369. CuriosityStream's return on assets of last year was -0.23401723. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

CuriosityStream's current Net Income (TTM) was -48.90. CuriosityStream's current Cash Flow from Operations (TTM) was -16.17. ==> -16.17 > -48.90 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=4.283/127.5324
=0.03358362

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=4.648/187.0854
=0.02484427

CuriosityStream's gearing of this year was 0.03358362. CuriosityStream's gearing of last year was 0.02484427. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=45.29/23.398
=1.93563552

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=69.51/30.96
=2.24515504

CuriosityStream's current ratio of this year was 1.93563552. CuriosityStream's current ratio of last year was 2.24515504. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

CuriosityStream's number of shares in issue this year was 53.179. CuriosityStream's number of shares in issue last year was 52.829. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=21.336/56.889
=0.37504614

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=26.507/78.043
=0.33964609

CuriosityStream's gross margin of this year was 0.37504614. CuriosityStream's gross margin of last year was 0.33964609. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=56.889/154.113
=0.36913823

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=78.043/217.578
=0.35868976

CuriosityStream's asset turnover of this year was 0.36913823. CuriosityStream's asset turnover of last year was 0.35868976. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+0+0+0+1+1
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

CuriosityStream has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

CuriosityStream  (NAS:CURI) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


CuriosityStream Piotroski F-Score Related Terms

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CuriosityStream (CuriosityStream) Business Description

Traded in Other Exchanges
Address
8484 Georgia Avenue, Suite 700, Silver Spring, MD, USA, 20910
CuriosityStream Inc is a media and entertainment company. It offers premium video programming across the principal categories of factual entertainment, including science, history, society, nature, lifestyle, and technology. Its mission is to provide premium real entertainment that informs, enchants, and inspires. Its product and services are Direct to Consumer Business, Partner Direct Business, Bundled Distribution, Content Licensing, Enterprise Subscriptions, and Others. The majority of the revenue comes from the Direct to Consumer Business.
Executives
John S Hendricks director, 10 percent owner 2160 GOLD STREET, ALVISO CA 95002
Peter Westley officer: Chief Financial Officer AVID TECHNOLOGY, 75 NETWORK DRIVE, BURLINGTON MA 01803
Andrew Hendricks director 8484 GEORGIA AVE., SUITE 700, SILVER SPRING MD 20910
Patrick J. Keeley director 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Elizabeth Ann Hendricks director 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Michael Nikzad director 9261 WARBLER WAY, LOS ANGELES CA 90069
Jonathan Huberman director C/O IOMEGA CORPORATION, 10955 VISTA SORRENTO PARKWAY, SAN DIEGO CA 92130
Matthew Blank director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Clinton Larry Stinchcomb director, officer: President and CEO 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Devin James Emery officer: CPO and EVP Content Strategy 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Jason Keith Eustace officer: CFO and Treasurer 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Theresa Ellen Cudahy officer: COO, GC and Secretary 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Ana Cecilia Cerna officer: Controller 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Hendricks Factual Media Llc director, 10 percent owner 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019