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Investment Highlights Market Valuation Price Chart Return vs. Risk About ZNB Interactive Breakdown Better Bets vs. ZNB Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Zeta Network (ZNB)

Market Price (10/31/2025): $1.35 | Market Cap: $74.2
Sector: Communication Services | Industry: Movies & Entertainment

Zeta Network (ZNB)

Market Price (10/31/2025): $1.35
Market Cap: $74.2
Sector: Communication Services
Industry: Movies & Entertainment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24%		  Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -173%
1   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -95%
2   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 2360020%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24%
1 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -173%
2 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -95%
3 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 2360020%

Market Valuation & Key Metrics

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ZNB Stock

   
   
   
   
   
   
   
Factor Drivers of Stock Movement
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Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
ZNB Return------0%
Peers Return13%10%-6%5%13%-16%16%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
ZNB Win Rate-----100% 
Peers Win Rate28%20%17%30%32%50% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
ZNB Max Drawdown------ 
Peers Max Drawdown-14%-2%-14%-16%-8%-39% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: NFLX, NXST, ANGH, ANGX, BLMZ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

ZNB has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.

Unique KeyEventXLCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-47.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven89.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven602 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-30.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven43.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven112 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days

Compare to


In The Past

The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Zeta Network (ZNB)

Better Bets than Zeta Network (ZNB)

 ZNBBetter Performance than ZNB
MetricValueIndustry (Movies & Entertainment)
Rev Chg LTM-95.3%NFLX (15.4%), DIS (5.0%), WMG (1.4%), LYV (-0.3%), FWONA (4.7%)
Rev Chg 3Y Avg151.5%SPHR (176.4%), MPU (1200.7%)
Op Mgn LTM-172.9%NFLX (29.1%), DIS (14.8%), WMG (13.7%), LYV (4.2%), FWONA (11.4%)
CFO/Rev LTM27.9%IMAX (28.9%)
FCF/Rev LTM23.7%
 ZNBBetter Performance than ZNB
MetricValueAll Other Sectors
Rev Chg LTM-95.3%NVDA (71.6%), AAPL (6.0%), MSFT (15.6%), AMZN (10.9%), AVGO (28.0%)
Rev Chg 3Y Avg151.5%RIVN (183.6%), BBIO (727.6%), AGNC (161.9%), QXO (1115.2%), APLD (172.2%)
Op Mgn LTM-172.9%NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), AMZN (11.4%), AVGO (39.0%)
CFO/Rev LTM27.9%NVDA (46.6%), MSFT (50.0%), AVGO (42.4%), ORCL (36.5%), V (60.4%)
FCF/Rev LTM23.7%NVDA (43.6%), MSFT (26.6%), AVGO (41.6%), V (56.8%), MA (49.2%)
 Best Bets In Communication Services Sector
 ZNBMETA TTD MTCH GOOGL YELP CARG T FOXA UPWK WBD
What You Pay           
P/E�28.757.614.727.413.826.013.914.48.869.7
P/EBIT�19.750.69.622.311.318.07.09.320.415.7
What You Get           
Rev Chg Q28.5%26.2%18.7%-0.0%15.9%3.7%7.0%3.5%4.9%0.9%1.0%
Rev Chg LTM-95.3%21.3%23.2%-0.6%13.4%5.4%4.8%1.5%14.9%3.9%-3.7%
Rev Chg 3Y Avg151.5%17.3%24.5%2.6%11.0%9.1%-14.1%0.6%5.6%11.2%36.1%
FCF/Rev 3Y Avg�29.0%26.8%25.7%20.5%18.4%17.3%16.0%11.9%12.7%11.6%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 12%, alpha of 0.5%, and sharpe of 0.56

Trade Ideas

Select past ideas related to ZNB. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE09302025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		-0.1%-0.1%-0.1%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025CMCSAComcastMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-16.9%-16.9%-16.9%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper05312025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		4.5%4.5%-2.3%
IRDM_4302025_Dip_Buyer_FCFYield04302025IRDMIridium CommunicationsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-28.9%-25.9%-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE04302025IASIntegral Ad ScienceDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		44.4%44.6%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TTD_9302025_Dip_Buyer_High_CFO_Margins_ExInd_DE09302025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		-0.1%-0.1%-0.1%
CMCSA_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025CMCSAComcastMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-16.9%-16.9%-16.9%
PINS_5312025_Monopoly_xInd_xCD_Getting_Cheaper05312025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		4.5%4.5%-2.3%
IRDM_4302025_Dip_Buyer_FCFYield04302025IRDMIridium CommunicationsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-28.9%-25.9%-28.9%
IAS_4302025_Dip_Buyer_High_CFO_Margins_ExInd_DE04302025IASIntegral Ad ScienceDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		44.4%44.6%0.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PRAXPraxis Precision Medicines279.1%161.2%
2INBXInhibrx Biosciences131.0%409.8%
3PUMPProPetro99.6%16.2%
4DYNDyne Therapeutics88.4%-0.0%
5VICRVicor85.4%89.2%
6CELCCelcuity74.6%503.2%
7GLUEMonte Rosa Therapeutics73.5%87.5%
8NVTSNavitas Semiconductor72.1%251.8%
9LUMNLumen Technologies70.3%94.7%
10BALYBallys63.4%4.1%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical-62.9%5106.3%
2LRNStride-53.8%-35.8%
3FMCFMC-51.0%-66.6%
4FIFiserv-48.3%-68.3%
5NFENew Fortress Energy-43.6%-91.9%
6VGVenture Global-41.7% 
7OGNOrganon-40.2%-55.0%
8VRNSVaronis Systems-39.5%-21.2%
9ITGRInteger-38.5%-52.2%
10LENZLENZ Therapeutics-37.9%5.5%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Zeta Network

Financials

ZNBNFLXNXSTANGHANGXBLMZMedian
NameZeta Net.Netflix Nexstar .Anghami Angel St.Harrison. 
Mkt Price1.331,089.00195.182.886.250.204.56
Mkt Cap-462.25.9---234.1
Rev LTM243,3795,316-186-2,751
Op Inc LTM-412,6431,209--101-603
FCF LTM18,9671,254--60-627
FCF 3Y Avg27,256992---992
CFO LTM19,5751,382--56-691
CFO 3Y Avg27,7061,142---1,142

Growth & Margins

ZNBNFLXNXSTANGHANGXBLMZMedian
NameZeta Net.Netflix Nexstar .Anghami Angel St.Harrison. 
Rev Chg LTM-95.3%15.4%6.6%--10.6%--2.0%
Rev Chg 3Y Avg151.5%11.4%3.2%---11.4%
Rev Chg Q28.5%17.2%-3.2%-431.0%-22.9%
QoQ Delta Rev Chg LTM413.0%4.0%-0.7%-61.8%-32.9%
Op Mgn LTM-172.9%29.1%22.7%--54.0%--15.6%
Op Mgn 3Y Avg-24.4%20.8%---22.6%
QoQ Delta Op Mgn LTM--0.4%-0.3%-34.9%--0.3%
CFO/Rev LTM27.9%22.1%26.0%--29.9%-24.0%
CFO/Rev 3Y Avg-20.2%21.9%---21.0%
FCF/Rev LTM23.7%20.7%23.6%--32.3%-22.1%
FCF/Rev 3Y Avg-19.0%19.0%---19.0%

Valuation

ZNBNFLXNXSTANGHANGXBLMZMedian
NameZeta Net.Netflix Nexstar .Anghami Angel St.Harrison. 
Mkt Cap-462.25.9---234.1
P/S-10.71.1---5.9
P/EBIT-36.04.7---20.4
P/E-44.39.3---26.8
P/CFO-48.34.3---26.3
Total Yield-2.3%14.5%---8.4%
Dividend Yield-0.0%3.7%---1.9%
FCF Yield 3Y Avg-2.5%17.9%---10.2%
D/E-0.01.1---0.6
Net D/E-0.01.0---0.5

Returns

ZNBNFLXNXSTANGHANGXBLMZMedian
NameZeta Net.Netflix Nexstar .Anghami Angel St.Harrison. 
1M Rtn-12.5%-9.2%-1.3%-2.4%7.6%-10.5%-5.8%
3M Rtn--6.1%5.2%746.8%-7.6%6.4%
6M Rtn--3.9%37.6%-55.7%--5.2%-4.6%
12M Rtn-44.5%14.1%-63.5%--76.5%-24.7%
3Y Rtn-273.1%28.0%-87.5%--28.0%
1M Excs Rtn-18.5%-8.7%-2.1%-4.0%-21.1%-4.9%-6.8%
3M Excs Rtn--15.4%-2.7%820.9%-3.7%0.5%
6M Excs Rtn--25.7%15.8%-77.4%--26.9%-26.3%
12M Excs Rtn-28.2%-0.1%-81.2%--94.2%-40.6%
3Y Excs Rtn-197.4%-62.1%-165.6%---62.1%

Financials

$ Mil | FY: 6/302019Q22019Q12018Q42018Q32018Q22018Q12017Q42017Q32017Q22017Q12016Q42016Q3
Period End12/31/20189/30/20186/30/20183/31/201812/31/20179/30/20176/30/20173/31/201712/31/20169/30/20166/30/20163/31/2016
Filing Date6/28/20191/4/201912/10/20185/15/20182/13/201811/15/20179/28/20175/15/20172/13/201711/14/20169/28/20165/13/2016
Key Financials Quarterly            
Total Revenue1313-36121014914157-4716
Ebitda-1-0-111-2-01-5-54-2
Operating Income-21-311-011-5-53-2
Net Income-2-1-500-3-10-5-5-10-3
EPS-38990.64-16858.69-91826.9811003.7812877.96-130025.57-40595.4316021.09-224006.00-231337.91-492112.33-125136.52
Key Financials TTM            
Total Revenue TTM2-1046475145-11-8-6058
Ebitda TTM-11-1-1-1-7-9-5-8-40-5
Operating Income TTM-4-1-222-4-9-6-9-5-1-6
Net Income TTM-8-5-7-3-3-9-11-20-23-20-16-8
Growth Rates Quarterly            
Total Revenue Growth28.5%-5.1%-491.6%-9.8%-30.4%84.6%119.9%-15.3%-13.2%-44.7%-505.1%212.5%
EBITDA Growth-245.4%84.5%-82.9%5.8%117.9%51.0%-111.9%147.1%-350.2%-1105.5%400.6%-185.9%
Operating Income Growth-337.2%382.8%-631.6%7.9%113.9%95.7%-79.3%131.7%-251.9%-426.8%283.1%-200.5%
Net Income Growth-824.0%69.0%-431.1%-31.3%105.7%43.8%91.0%114.0%-194.1%-387.2%-344.7%-368.9%
Margins Quarterly            
EBITDA Margin-9.2%-2.8%-7.8%8.2%-17.1%-4.8%6.7%-31.7%-64.6%--12.0%
Operating Income Margin-12.6%4.7%-5.1%6.8%-1.6%6.9%4.3%-34.1%-66.8%--11.4%
Net Income Margin-16.3%-7.1%-2.1%2.9%-21.7%-10.1%2.7%-35.0%-71.4%--16.4%
Cash & Debt            
Total Cash221111013811
Total Debt292526282729322838393539
Net Debt / (Cash)272325272628312734303439
Cash Flows Quarterly            
FCF from Operations-010012-46-44-45
Cash Flows TTM            
FCF from Operations TTM122-15-0220-404
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-7.5%2.9%-16.2%3.1%3.5%-1.1%3.1%3.0%-23.3%-24.1%14.5%-8.0%
Return on Invested Capital (ROIC) TTM            
ROIC TTM-4.3%-1.8%-2.7%2.2%2.2%-5.0%-10.5%-8.0%-10.1%-6.2%-1.3%-6.4%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Concerts and entertainment events00   
Construction management consulting services00   
Online music education academy subscription0174  
Online concert subscription  2  
Single Segment    45
Total0177 45


Assets by Segment
$ Mil20242023202220212020
Single Segment   7 
Total   7 


Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,298,011
Short Interest: % Change Since 930202542.4%
Average Daily Volume16,501,489
Days-to-Cover Short Interest1
Basic Shares Quantity55
Short % of Basic Shares2360020.0%

SEC Filings

Expand for More

Report DateFiling DateFiling
1231202462520256-K 12/31/2024
63020241017202420-F 6/30/2024
1231202370120246-K 12/31/2023
63020231114202320-F 6/30/2023
1231202260620236-K 12/31/2022
63020221114202220-F 6/30/2022
1231202162920226-K 12/31/2021
63020211101202120-F 6/30/2021
1231202050720216-K 12/31/2020
63020201113202020-F 6/30/2020
1231201951520206-K 12/31/2019
63020191115201920-F 6/30/2019
1231201862820196-K 12/31/2018
9302018104201910-Q 9/30/2018
63020181210201810-K 6/30/2018
3312018515201810-Q 3/31/2018

Insider Activity

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External Quote Links


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