JAKKS Pacific(US:JAKK)2025-02-21 01:06Financial Performance - Q4 2024 - Net sales for Q4 2024 were $130.7 million, a 3% increase year-over-year[8] - Gross profit for Q4 2024 increased to $35.6 million, up from $33.7 million in Q4 2023[8] - The company reported an operating loss of $14.7 million in Q4 2024, compared to a $15.3 million loss in Q4 2023[8] - Adjusted EBITDA for Q4 2024 was a loss of ($10.2) million, versus ($10.9) million in Q4 2023[8] Financial Performance - Full Year 2024 - Full year net sales were $691.0 million, a 3% decrease compared to $711.6 million in FY 2023[9] - Full year gross profit decreased by 5% to $213.0 million, from $223.4 million in FY 2023[9] - Operating income for the full year was $39.7 million, down from $51.9 million in FY 2023[9] - Adjusted EBITDA for the full year was $59.3 million, compared to $75.7 million in FY 2023[9] Sales by Division and Region - Toys/Consumer Products net sales for the full year decreased by 1.8% to $570.0 million[76] - Costumes net sales for the full year decreased by 7.5% to $121.0 million[76] - Net sales in the United States for the full year decreased by 2.3% to $545.0 million[78]