NASDAQ$TOON

Kartoon Studios Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Achieved record revenue growth due to strategic acquisitions and expansion of content offerings.

Genius Brands reported record revenue growth of 843% to $21.2 million for Q2 2022, driven by the acquisitions of WOW! Unlimited Media and Ameba, along with increased licensing and royalty revenue.

  • Revenue increased 843% to a record $21.2 million compared to the same period last year.
  • Growth attributed to the inclusion of WOW! Unlimited Media and Ameba acquisitions.
  • Licensing and royalties increased 102% due to the rollout of the Stan Lee IP licensing program.
  • Maintained a solid balance sheet with a substantial cash position to internally fund growth.

Headline financials

Total Revenue

$22.1M

Previous: $2.34M+844.6%
EPS (adj)

-$0.40

Previous: -$0.20-100.0%
Revenue Growth

843.0%

No prior period
Capital Expenditures

-$401K

Previous: -$120K-233.6%
Free Cash Flow

-$13.7M

Previous: -$7.5M-83.2%
Net Income

-$13.3M

Previous: -$7.38M-80.7%
Operating Income

-$8.6M

Previous: -$7.57M-13.6%
Gross Profit

$7.48M

Previous: $1.07M+596.8%
Cash & Equivalents

$7.82M

Previous: $58.4M-86.6%
Total Assets

$272M

Previous: $201M+35.3%
Stock-Based Comp

$8.44M

Previous: $2.99M+181.7%

Revenue & EPS history

Kartoon Studios · Revenue · Quarterly

$22.1M

Q2 2022+844.6%vs Q2 2021
Beat estimate in 0 of 4 quarters(0%)
ActualEstimate

Revenue by segment

Kartoon Studios · $7.24M total across 4 segments · Q1 2026

  • Production Services
    $4.09M
  • Content Distribution
    $2.27M
  • Media Advisory and Advertising Services
    $799K
  • Licensing and Royalties
    $73K

Forward guidance

Genius Brands is focused on growing its asset base and achieving sustainable profitability through its global channel system for kids. The company is experiencing subscriber and advertiser growth, while creating synergies and economies of scale.

Tailwinds

  • Global channel system experiencing subscriber growth.
  • Global channel system experiencing advertiser growth.
  • Creating synergies and economies of scale.
  • Building blocks are in place.
  • Executing on the company's plan.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.2%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-0.0%

Avg return

30 days after

43%

18 / 42 earnings

Positive

+35.4%

Q4 2015

Best reaction

-18.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.4%-9.2%
Q4 2025-4.3%+3.5%+8.5%
Q3 2025-1.9%-13.7%+8.0%
Q2 2025-1.8%-0.9%+7.1%
Q1 2025-3.1%+2.1%-8.9%
Q4 2024+1.5%+0.0%-4.3%
Q3 2024-6.7%-7.2%-27.2%
Q2 2024-0.2%-3.1%-8.1%
Q1 2024+0.9%-1.9%-2.8%
Q4 2023+4.0%+10.1%-27.5%
Q3 2023+4.8%+13.5%+46.2%
Q2 2023-8.0%-28.9%-24.4%
Q1 2023+13.0%+2.8%+29.7%
Q4 2022+6.6%+0.4%-6.2%
Q3 2022-3.6%-7.6%-19.4%
Q2 2022-18.0%-27.1%-33.5%
Q1 2022+23.6%+15.6%+25.2%
Q4 2021-10.0%-17.7%-34.2%
Q3 2021+0.7%-4.4%-9.6%
Q2 2021-3.9%-7.8%-5.2%
Q1 2021+2.6%+4.6%+25.0%
Q4 2020-9.2%-15.0%-14.5%
Q3 2020-4.1%-1.6%+38.5%
Q2 2020-1.9%-12.0%-35.4%
Q1 2020-8.0%-7.3%+106.7%
Q4 2019-6.0%-22.3%-6.0%
Q3 2019-4.6%-14.5%-54.2%
Q2 2019+0.5%-22.3%+1.1%
Q1 2019-2.3%+0.7%+1.3%
Q4 2018+1.0%-2.0%-1.0%
Q3 2018+3.8%+14.4%+15.4%
Q2 2018-0.8%-2.7%-14.9%
Q1 2018-4.3%-3.9%+7.9%
Q4 2017+0.4%+1.8%-4.3%
Q3 2017+0.0%-3.1%-15.0%
Q2 2017+4.9%+9.8%+19.7%
Q1 2017+0.9%-5.0%+4.2%
Q4 2016+6.5%+9.1%+29.0%
Q3 2016+0.0%+1.7%-17.9%
Q2 2016-1.0%+0.0%-0.5%
Q1 2016+3.0%
Q4 2015+35.4%
Q2 2011
Q2 2010

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