Core Insights - Spin Master Corp. reported its Q4 2025 financial results, highlighting challenges in U.S. toy sales but growth in digital games and strategic expansion of its audience for PAW Patrol ahead of its third movie release [1][2] - The company aims to return to sustainable growth in 2026 by investing in innovation, expanding into higher-growth categories, and enhancing collaboration across its creative centers [1][2] Financial Highlights - Q4 2025 revenue was $618.2 million, a decrease of 4.8% compared to Q4 2024 [1][2] - Adjusted EBITDA was $111.3 million, down $2.6 million from the previous year, with an adjusted EBITDA margin of 18.0% [1][2] - The company reported a net loss of $184.3 million or $(1.85) per share, compared to a net income of $21.1 million or $0.21 per share in Q4 2024 [1][2] Segment Performance - **Toys Segment**: Revenue decreased to $522.3 million, down 7.0% year-over-year, with an operating loss of $171.0 million driven by non-cash impairment of goodwill [2][3] - **Entertainment Segment**: Revenue increased slightly to $42.5 million, but operating income fell to $14.3 million due to higher production costs and lower distribution revenue from PAW Patrol [2][3] - **Digital Games Segment**: Revenue rose to $53.4 million, a 15.8% increase, with operating income of $3.0 million, reflecting growth from strategic distribution partnerships [2][3] Cash Flow and Liquidity - Operating cash flows for Q4 2025 were $194.3 million, down from $203.4 million in Q4 2024 [3] - Free cash flow was $128.0 million, compared to $175.0 million in the previous year [3] - The company has available liquidity of $566.9 million, including $104.6 million in cash and $462.3 million under committed credit facilities [3] Shareholder Returns - Spin Master declared a quarterly dividend of C$0.12 per share, payable on April 10, 2026 [1][3] - The company repurchased and canceled 441,195 subordinate voting shares for $6.7 million in Q4 2025 and plans to launch another Normal Course Issuer Bid starting March 7, 2026 [1][3] 2026 Outlook - For 2026, Spin Master expects adjusted EBITDA growth in the mid to high single-digit percentage range and stable to low single-digit percentage growth in revenue compared to 2025 [1][2]

Core Insights - Spin Master Corp. will hold a conference call to discuss its fourth quarter and full year 2025 results on March 5, 2026, at 8:30 a.m. Eastern Time [1] - The financial results will be reported in the morning prior to the market opening [1] Conference Call Details - The call will be hosted by CEO Christina Miller and CFO Jonathan Roiter, followed by a Q&A session [2] - A link to the webcast will be available on Spin Master's website, and participants are advised to connect at least 15 minutes early [2] - An archived replay of the webcast will be accessible for 90 days [2] Company Overview - Spin Master Corp. is a leading global children's entertainment company, known for its award-winning brands such as PAW Patrol, Melissa & Doug, Bakugan, and Rubik's Cube [3] - The company operates across three creative centers: Toys, Entertainment, and Digital Games, engaging nearly 60 million active users monthly [3] - Spin Master has a global presence with 29 offices in nearly 20 countries and employs over 2,500 team members [3]

Company Participation - Spin Master Corp. will participate in the 24th Annual CIBC Eastern Institutional Investor Conference in Montreal on September 25, 2025, including meetings with institutional investors and a fireside chat featuring CEO Christina Miller and CFO Jonathan Roiter [1] Company Overview - Spin Master Corp. is a leading global children's entertainment company known for creating exceptional play experiences across three creative centers: Toys, Entertainment, and Digital Games [1] - The company is recognized for award-winning brands such as PAW Patrol, Melissa & Doug®, Bakugan, and Rubik's Cube, and serves as the global toy licensee for other iconic properties [1] - Spin Master has an established presence in digital games, engaging nearly 60 million active users monthly through platforms like Toca Boca and Piknik™ [1] - The company operates 29 offices in nearly 20 countries and employs over 2,500 team members globally [1]