Kartoon Studios Earnings Reports

Kartoon Studios reported a 4% increase in revenue for Q3 2024 compared to Q2 2024 and a 57% reduction in direct operating costs year-over-year. The company's loss from operations decreased by 80% compared to the same period in 2023. Kartoon Studios is focusing on sustained growth and profitability in 2025.

Kartoon Studios reported a 38% increase in revenue compared to Q1 2024, driven by its 'Three Pillars' business strategy. The company also achieved a 39% reduction in direct operating costs compared to Q2 2023, and net losses were slashed by 61%.

Kartoon Studios reported a reduction in operational losses and projects profitability in Q2 2025. Kartoon Channel! achieved profitability in Q1 2024, and direct operating costs decreased significantly. The company is expanding its flagship brand, Stan Lee Universe, and launching new AI initiatives.

Kartoon Studios reported Q4 2023 revenue of $8.8 million and FY2023 revenue of $44.1 million. The company has reduced direct operating costs and identified additional cost savings. Kartoon Channel! achieved break-even operating income.

Genius Brands International reported a 691% increase in full-year revenue to $63.0 million for 2022, driven by synergies from acquisitions like WOW Unlimited Media. The company also reduced its operating loss by 31% and net loss by 64% compared to the previous year. With $139.5 million in current assets and $28.6 million in working capital, Genius Brands is focused on achieving positive cash flow from operations through growth, synergies, distribution expansion, and cost reductions.

Genius Brands reported record revenue growth of 843% to $21.2 million for Q2 2022, driven by the acquisitions of WOW! Unlimited Media and Ameba, along with increased licensing and royalty revenue.