Core Viewpoint - WildBrain Ltd. has successfully elected all nominees as directors and approved significant amendments to its share structure, aiming to enhance shareholder value and simplify its governance [1][2]. Group 1: Shareholder Meeting Outcomes - All nominees listed in the Management Information Circular were elected as directors at the annual and special meeting of shareholders [1]. - Shareholders approved a special resolution to eliminate non-voting shares and Preferred Variable Voting Shares, redesignate existing shares, amend rights attached to shares, and create an unlimited number of Preferred shares [1]. - PricewaterhouseCoopers LLP was re-appointed as the independent auditor, and unallocated entitlements under the Omnibus Equity Incentive Plan were re-approved [1]. Group 2: Voting Results for Directors - The voting results for director nominees showed high approval rates, with Youssef Ben-Youssef receiving 99.54% and Erin Elofson 99.71% of votes in favor [2]. - Other nominees also received significant support, with Thomas McGrath at 92.28% and the lowest approval being 92.28% for Thomas McGrath [2]. Group 3: Company Overview - WildBrain is a leader in kids' and family entertainment, managing franchises like Peanuts and Teletubbies, and producing acclaimed series such as The Snoopy Show and Strawberry Shortcake: Berry in the Big City [3]. - The company has a library of approximately 14,000 half-hours of content and has generated over 1.7 trillion minutes of watch time on its YouTube network [3]. - WildBrain operates a consumer products licensing arm, WildBrain CPLG, representing brands globally and is headquartered in Toronto [3].

Core Insights - WildBrain Ltd. reported its full year and Q4 2025 results, highlighting strong growth in its Global Licensing business and improved financial metrics compared to the previous year [5][6][8] Q4 Financial Highlights - Revenue including Canadian Television Broadcasting was $139.1 million, up 7% year over year, while revenue excluding Television was $129.4 million, up 6% year over year [7][10] - Net income including Television was $9.5 million, a significant improvement from a net loss of $80.7 million in Q4 2024; net income excluding Television was $11.2 million compared to a net loss of $17.0 million in Q4 2024 [7][13] - Adjusted EBITDA including Television was $24.6 million, up 3% year over year; adjusted EBITDA excluding Television was $19.1 million, down 1% year over year [7][12] Fiscal 2025 Financial Highlights - Total revenue including Television was $523.4 million, up 13% year over year; revenue excluding Television was $487.3 million, up 14% year over year [7][14] - Net loss including Television was $89.8 million, an improvement from a net loss of $106.0 million in FY 2024; net loss excluding Television was $97.6 million compared to a net loss of $58.2 million in FY 2024 [7][14] - Free Cash Flow for FY 2025 was positive $49.5 million, compared to negative $29.5 million in FY 2024 [7][12] Global Licensing Performance - Global Licensing revenue increased 29% to $69.4 million in Q4 2025, driven by strong growth in owned brands such as Peanuts, Strawberry Shortcake, and Teletubbies [10] - Strawberry Shortcake revenue grew nearly 200% year over year, while Peanuts recorded its strongest year ever with broad-based global demand [7][10] Strategic Focus and Future Outlook - The company announced its decision to exit the Canadian broadcast television business to concentrate on higher-margin, higher-growth opportunities [8] - For Fiscal Year 2026, the company expects revenue growth of approximately 15% to 20% and adjusted EBITDA growth of approximately 15% to 20% [15]