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Is Japanese anime the next global gold mine? | FT #shorts
Financial Times· 2025-05-20 04:00
Japanese anime has shifted over the years from something niche to a global phenomenon. One of Japan's most potent vectors of soft power. Naruto, Dragon Ball Z, Pokémon, Akira, and a galaxy of others have become touchstones of culture for 800 million fans worldwide, including sports stars, musicians, and even politicians.International studios and investors have seen the appeal of its extensive back catalog of characters and plot lines, at least to superhero franchises have founded. The global mark for anime ...
Kartoon Studios Q1 2025 Revenue Soars 56% Over Prior Year - Company on Track for Profit By End of Year
Globenewswire· 2025-05-15 13:15
Core Insights - Kartoon Studios reported a significant revenue increase of 138% year-over-year and 29% sequentially, achieving profitability in its Mainframe Animation Unit and Kartoon Channel! [1][6][24] Financial Performance - Total revenue for Q1 2025 reached $9.5 million, with a 56.4% year-over-year increase [25] - Production services revenue surged by 137.9% [6] - Operating loss improved by 51.1% year-over-year and 11.9% sequentially [6] - General and administrative expenses were reduced by 24.9% [6] - The company maintains a debt-free balance sheet with zero long-term debt [6][24] Business Growth and Strategy - Mainframe Studios serves as a consistent revenue driver, with over 90% of its 2025 budget revenue already under contract [9] - Kartoon Channel! is the 1 kids' streaming app on the Apple App Store, outperforming competitors like Netflix and Disney+ [12][17] - The platform's global reach extends to over 1.5 billion potential viewers across 61+ countries [13] Intellectual Property and Future Projects - Upcoming franchises include "A Hundred Acre Woods' Winnie & Friends" and "Stan Lee's The Excelsiors," expected to contribute significantly to revenue [20][22] - The creative team behind "Winnie & Friends" includes industry veterans known for successful franchises, enhancing its market potential [21][22] Operational Efficiency - The company has focused on optimizing operations, resulting in a leaner structure and improved financial metrics [4][23] - With four consecutive quarters of revenue growth, Kartoon Studios is positioned for sustained profitability by the end of 2025 [24]
Kartoon Studios Reports Strong Business Results with 8.2% Sequential Revenue Growth for Q4 2024, Marking Third Consecutive Quarterly Increase
Newsfilter· 2025-03-31 13:10
Operating Expenses Decreased by 57.4% in 2024; Operating Loss Improved by 76.5% in 2024 BEVERLY HILLS, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE:TOON) today provided a business update for the fourth quarter of 2024, highlighting continued momentum in revenue growth across all units, substantial improvements in cost efficiency and noteworthy progress toward profitability expected in 2025. Key Financial Highlights for Q4 2024: "In 2024, Kartoon Studios made significant progress across a ...
Kartoon Studios(TOON) - 2024 Q4 - Earnings Call Transcript
2025-03-31 12:00
Kartoon Studios (TOON) Q4 2024 Earnings Call March 31, 2025 07:00 AM ET Speaker0 Okay, guys. So that's right. Today's video, we're joined by Andy Hayward, the CEO and Brian Parisi, the CFO of Cartoon Studios, going to get some more insight on their growth strategy trajectory in 2025. Gentlemen, thanks so much for making the time today. Speaker1 Thank you. Thank you for having us. Speaker0 Can you talk to us a little bit about why right now you feel Cartoon Studios, represents a great value proposition to in ...