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Kartoon Studios Q4 2024 Earnings Report
Estimated Revenue:$NaN
NaN% YoY
Estimated EPS:-$0.09
Key Takeaways
Kartoon Studios achieved significant progress across all core business segments in 2024, with strong revenue growth in Q4 2024 driven by Mainframe Studios and improved profitability across operating units. The company is well-positioned for continued growth and profitability in 2025.
Total revenue increased by 8.2% sequentially compared to Q3 2024 and 7.0% compared to Q4 2023.
Production Services Revenue surged by 44.7% in Q4 2024 compared to Q4 2023, driven by strong demand for animation content.
Total Operating Expenses decreased by 66.0% in Q4 2024 compared to Q4 2023, reflecting effective operational efficiency initiatives.
Loss from Operations improved by 88.0% in Q4 2024 compared to Q4 2023, continuing the path towards profitability in 2025.
Kartoon Studios
Kartoon Studios
Forward Guidance
Kartoon Studios is confident in its ability to sustain growth and achieve profitability in 2025 and beyond, driven by strategic investments, expanding brand presence, and a robust content pipeline.
Positive Outlook
- Anticipated sustained growth and profitability in 2025.
- Expansion of brand globally in 2025 and beyond.
- Successful release of Winnie-the-Pooh films and series.
- Successful production and release of animated Christmas movie set for December 24, 2025.
- Strong pipeline of contracted revenue, with over 90% of 2025 revenue target already contracted for Mainframe Studios.
Challenges Ahead
- Ability to obtain additional financing on acceptable terms, if at all, is a risk.
- Fluctuations in the results of operations from period to period.
- General economic and financial conditions could impact performance.
- Competitive pressure from other content distributors and within the retail market.
- Reliance on third-parties to promote products and keep pace with technological advances.
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Key Statistics
Market Cap
$38M
P/E Ratio
-1.44
Sector
Consumer Services
Industry
Movies Or Entertainment
52-Week High
$0.86
52-Week Low
$0.467
Revenue Growth
8.2%
Production Services Growth
44.7%
Operating Loss Improvement
88%
G&A Expense Decrease
39.2%