Kartoon Studios(US:TOON) Globenewswire·2025-08-14 13:01Core Insights - Kartoon Studios is on a path toward profitability by the end of 2025, with significant revenue growth and cost reductions [1][17] - The company reported its fifth consecutive quarter of revenue growth, with Q2 revenue increasing by 23% year-over-year [2][5] - The Kartoon Channel remains the top-rated children's streaming app in the Apple App Store, with viewership expanding significantly [3][8] Financial Performance - Total revenue for Q2 2025 reached $10.3 million, reflecting an increase of 22.6% year-over-year and 8.2% sequentially [5][19] - Production services revenue grew by 44.4% year-over-year, driven by increased client demand [5][18] - General and administrative (G&A) expenses decreased by 10.1% year-over-year, indicating effective cost control [5][15] Operational Highlights - The company achieved a 31% reduction in operating loss year-over-year, showcasing improved operational efficiency [5][15] - FAST views surged by 221% year-over-year, indicating strong audience engagement [1][8] - SVOD subscriptions have increased for the seventh consecutive month, highlighting robust subscription growth [8] Content and IP Development - Major launches are planned for the second half of 2025, including a Christmas special for "Hundred Acre Wood/Winnie & Friends" [7][17] - The company has a diverse content pipeline, including popular titles and collaborations with major partners like Netflix and Disney [6][18] - The library includes well-known franchises such as Super Mario Bros.™ and original content like Stan Lee's Superhero Kindergarten [6][20] Strategic Outlook - The company is focused on expanding monetization across various platforms, including licensing, streaming, and advertising [17] - A strengthened banking partnership with National Bank of Canada supports the company's growth initiatives [17] - Management has demonstrated confidence in the company's strategic direction through recent share repurchase activities [15]