Redbox is a leading entertainment company that gives consumers access to a large variety of content across digital and physical media. The company operates a rapidly growing digital streaming service that provides both ad supported (AVOD) and paid movies from Hollywood studios and hundreds of content partners, as well as over 120 channels of free ad supported streaming television (FAST). The Redbox app is available on major entertainment platforms that include Roku devices, connected TVs, gaming platforms, the web as well iOS and Android devices. Redbox also operates its popular kiosks across the US at thousands of retail locations – giving consumers affordable access to the latest in entertainment. The company produces, acquires, and distributes movies through its Redbox Entertainment™ label, providing rights to talent-led films that are distributed across Redbox’s digital and physical services as well as through third-party digital services. Headquartered just outside of Chicago, Redbox has offices in Los Angeles and Seattle.
Company profile
Ticker
RDBX, RDBXW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Seaport Global Acquisition Corp
SEC CIK
Corporate docs
Subsidiaries
Redwood Intermediate, LLC • Redbox Automated Retail, LLC • Redbox Incentives, LLC • Redbox Entertainment, LLC • Redbox Holdings, LLC ...
IRS number
852157010
RDBX stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
22 Aug 22
EFFECT
Notice of effectiveness
16 Aug 22
EFFECT
Notice of effectiveness
16 Aug 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Aug 22
POS AM
Prospectus update (post-effective amendment)
12 Aug 22
POS AM
Prospectus update (post-effective amendment)
12 Aug 22
25-NSE
Exchange delisting
11 Aug 22
8-K
Acquisition creates an entertainment company for value-conscious consumers across AVOD, FAST, and TVOD with over 40 million customer loyalty members
11 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
10 Aug 22
Latest ownership filings
4
Change in insider ownership
15 Aug 22
4
Change in insider ownership
15 Aug 22
SC 13D/A
Apollo Management Holdings GP, LLC
15 Aug 22
4
Christina Chu
15 Aug 22
3
Christina Chu
15 Aug 22
4
Kimberly Kelleher
12 Aug 22
4
Frederick W. Stein
12 Aug 22
4
Galen C Smith
12 Aug 22
4
Michael Dean Chamberlain
12 Aug 22
4
Michael F. Feldner
12 Aug 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.53 mm | 13.53 mm | 13.53 mm | 13.53 mm | 13.53 mm | 13.53 mm |
| Cash burn (monthly) | 42.33 k | (no burn) | 21.64 mm | 17.08 mm | 11.40 mm | 6.24 mm |
| Cash used (since last report) | 373.57 k | n/a | 190.94 mm | 150.75 mm | 100.64 mm | 55.07 mm |
| Cash remaining | 13.16 mm | n/a | -177.41 mm | -137.22 mm | -87.11 mm | -41.54 mm |
| Runway (months of cash) | 310.8 | n/a | -8.2 | -8.0 | -7.6 | -6.7 |
Institutional ownership, Q3 2022
76.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 1 |
| Closed positions | 23 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 1.00 k |
| Total shares | 10.43 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Seaport Global SPAC | 10.43 mm | $0.00 |
| IFP Advisors | 58.00 | $1.00 k |
| Apollo Management Holdings GP | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Aug 22 | Jason K. Kwong | Class A common stock, par value $0.0001 per share | Sale back to company | Dispose D | No | No | 0 | 345,622 | 0.00 | 0 |
| 11 Aug 22 | Michael F. Feldner | Class A common stock, par value $0.0001 per share | Sale back to company | Dispose D | No | No | 0 | 172,811 | 0.00 | 0 |
| 11 Aug 22 | Galen C Smith | Class A common stock, par value $0.0001 per share | Sale back to company | Dispose D | No | No | 0 | 576,036 | 0.00 | 0 |
| 11 Aug 22 | Michael Dean Chamberlain | Class A common stock, par value $0.0001 per share | Sale back to company | Dispose D | No | No | 0 | 172,811 | 0.00 | 0 |
| 11 Aug 22 | Frederick W. Stein | Class A common stock, par value $0.0001 per share | Sale back to company | Dispose D | No | No | 0 | 172,811 | 0.00 | 0 |