Kartoon Studios Inc. (TOON)

NYSEAMERICAN: TOON · Real-Time Price · USD
0.743
-0.023 (-3.07%)
At close: Nov 20, 2024, 4:00 PM
0.752
+0.010 (1.29%)
After-hours: Nov 20, 2024, 7:52 PM EST
-3.07%
Market Cap 29.31M
Revenue (ttm) 31.96M
Net Income (ttm) -40.35M
Shares Out 39.48M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 223,966
Open 0.750
Previous Close 0.766
Day's Range 0.732 - 0.778
52-Week Range 0.703 - 2.010
Beta 2.70
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About TOON

Kartoon Studios Inc., a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq’s Garage, a children’s animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children's television series based on the children's books; Roblox Rumble, ... [Read more]

Industry Entertainment
Founded 2006
Employees 242
Stock Exchange NYSEAMERICAN
Ticker Symbol TOON
Full Company Profile

Financial Performance

In 2023, Kartoon Studios's revenue was $44.09 million, a decrease of -29.24% compared to the previous year's $62.30 million. Losses were -$77.10 million, 69.1% more than in 2022.

Financial Statements

News

Kartoon Studios Achieves Second Consecutive Quarter of Sequential Revenue Growth and 57% Year-Over-Year Reduction in Direct Operating Costs for Q3 2024

80% YEAR-OVER-YEAR REDUCTION IN LOSSES;  COMPANY POISED FOR CONTINUED REVENUE GROWTH AND REACHING SUSTAINED PROFITABILITY IN 2025 WITH REBOUND IN ANIMATION PRODUCTION PIPELINE AND CONTINUING PROFIT IN...

6 days ago - GlobeNewsWire

Kartoon Studios' Largest Revenue Unit, Mainframe Studios, Surges on Strong Business Rebound

Mainframe currently has multiple series in production for industry giants that include Spin Master, Sony Kids, and Disney

7 weeks ago - GlobeNewsWire

Kartoon Channel to Launch “Kidaverse Roblox Rumble” Competition Series This Fall

Series taps the popular Roblox game, which is played by over 30 million every day Third season to launch globally on Kartoon Channel in 60 territories, including North America, Asia, Europe, Africa, a...

2 months ago - GlobeNewsWire

Kartoon Studios Provides Business Update for the Second Quarter of 2024; Key Metrics Up

BEVERLY HILLS, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today provided a business update for the quarter ended June 30, 2024. The Company's Chairman & CEO, Andy ...

3 months ago - GlobeNewsWire

Kartoon Channel Worldwide Continues Expansion of Global Footprint, Now Available in 57 Territories With Audience Reach of Approximately 1.6 Billion People

Link Net Launches Fully Dedicated 24/7 Kartoon Channel Across Indonesia, World's 4th Largest Territory, Reaching Potential Audience of Approximately 300 Million Link Net Launches Fully Dedicated 24/7 ...

4 months ago - GlobeNewsWire

Kartoon Channel! Growth Surges

PROFITABILITY TREND IN Q2 2024 CONTINUES BUILDING ON GAINS FROM 2023 AND Q1 2024 Kartoon Channel!'s Paid Subscribers on Amazon Prime Video Grows by 120% Year-Over-Year from  June 2023 – June 2024 Prem...

4 months ago - GlobeNewsWire

Kartoon Studios Continues Execution of Growth Strategy With Profitability Targeted for Q2 2025; Provides Business Update for the First Quarter of 2024

Kartoon Channel!'s Streaming Business Achieved Profitability in the First Quarter of 2024 and Continues Growth; User Rankings in Apple App Store Now Beat Disney+; Operational Efficiencies Expected to ...

6 months ago - GlobeNewsWire

Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee Universe

BEVERLY HILLS, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios , Inc. (NYSE AMERICAN:TOON), the controlling partner of Stan Lee Universe, LLC “SLU”, signs a transformative deal with the U.K.'...

6 months ago - GlobeNewsWire

Kartoon Studios Inc. Completes First Tranche of Registered Direct Offering of Common Stock and Pre-Funded Warrants for up to $7.0 Million; Closes Initial Purchase of $4.0 Million of Common Stock and Pre-Funded Warrants

BEVERLY HILLS, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer,...

7 months ago - GlobeNewsWire

Kartoon Studios Inc. Announces Pricing of up to $7 Million Registered Direct Offering of Common Stock

BEVERLY HILLS, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer,...

7 months ago - GlobeNewsWire

Kartoon Studios Unveils ‘Gadget A.I.'

Integrated AI Toolkit Developed on NVIDIA Omniverse Set to Revolutionize Animation Production and Distribution for The Company

7 months ago - GlobeNewsWire

Kartoon Studios' Partners With World's Largest Digital Collectibles Platform, VeVe, and Multiverse Clothing Company Inc. for First Ever Line of Stan Lee Limited-Edition “Phygital” Collections

Collections Include Original Art from Contemporary Artists- Rob Prior, Burton Morris, and Punk Me Tender- Who are Creating New Art for Stan Lee Universe Collections Include Original Art from Contempor...

7 months ago - GlobeNewsWire

Kartoon Studios CEO Andy Heyward and Todd Steinman, President of Toon Media Networks to Appear Today on Benzinga All Access at Approximately 12:00 Noon Eastern Time

BEVERLY HILLS, Calif., April 12, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced that Andy Heyward, Chief Executive Officer, and Todd Steinman, President of Toon Media N...

7 months ago - GlobeNewsWire

Kartoon Studios' Kartoon Channel! Streaming Business Hits Profitability Milestone

Record Breaking Subscriber Numbers in both January and February Surpassing Previous All-Time Highs

7 months ago - GlobeNewsWire

Kartoon Studios Launches “Stan Lee Presents” on YouTube

Newly Branded Global Channel with 300,000+ Subscribers Pays Tribute to Stan Lee, Offering Exclusive Content from and Inspired by the “Godfather of Comics”

8 months ago - GlobeNewsWire

Kartoon Studios Announces Major Expansion of Stan Lee Business With Launch of Dedicated Stan Lee Store on Amazon.com

Powered by Meteor, Store Goes Live Today, Delivering Broad Range of Products BEVERLY HILLS, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE AMERICAN:TOON), the controlling partner of ...

8 months ago - GlobeNewsWire

Kartoon Studios Reports Strong Progress and Provides Business Update for the Fourth Quarter and Full Year of 2023

Projected Growth and Cost Saving Initiatives Driving Company Towards Profitability as Animated Characters, Catalogue of Animated Episodes, and Broadcast Assets, All Grow

8 months ago - GlobeNewsWire

Kartoon Studios' Kids Media and Marketing Agency, Beacon Media Group, Grows Revenues, Client Base, and Delivers Successful Campaign Results in 2023

Beacon Expands Leadership in Toy Market, While Expanding into Non-Toy Category Pre-Easter and Spring Initiatives Expected to Provide a Solid Start to 2024 BEVERLY HILLS, Calif., Feb. 13, 2024 (GLOBE N...

10 months ago - GlobeNewsWire

Kartoon Channel! Achieves Record Revenue, Subscriber Growth, and Global Coverage

Kartoon Channel! U.S. Paid Subscribers Increased in 2023, with New Trials More Than Doubling in Q4 Kartoon Channel!

10 months ago - GlobeNewsWire

Kartoon Studios CEO Andy Heyward and CFO Brian Parisi to Participate in the Benzinga All Access Event on February 13th at 11AM Eastern Time

BEVERLY HILLS, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced that Andy Heyward, Chief Executive Officer, and Brian Parisi, Chief Financial Officer, wil...

10 months ago - GlobeNewsWire

Kartoon Studios and Penguin Young Readers Launch New “Llama Llama” Merchandise Retail Promotional and Charitable Program at Kohl's

First Products Launch in February 2024 with Second Promotion Planned for April 2024 in Kohl's Stores Nationwide and Kohls.com

10 months ago - GlobeNewsWire

Kartoon Studios Announces Significant Increase in Content Production Planned for 2024

Chief Financial Officer Cites Initiatives Designed to Increase Revenue and Streamline Operations as Key Factors Expected to Drive Company Towards Sustained Profitability; Streaming Network, Kartoon Ch...

10 months ago - GlobeNewsWire

Kartoon Studios Provides Business Update for the Third Quarter of 2023

Affiliate, Mainframe Studios Benefitting from Post-Strike Content Demand and New Orders; Robust Pipeline of New Content Expected in the Coming Quarters

1 year ago - GlobeNewsWire

Kartoon Studios Appoints Entertainment, Media and High-Tech Industry Executive, Brian Parisi, as Chief Financial Officer

Former NFL Hall of Fame, Live Nation Entertainment, Warner Bros. & Universal Studios Executive to Lead The Global Financial Strategy to Drive Further Growth and Shareholder Value

1 year ago - GlobeNewsWire

Kartoon Studios Creates Limited-Edition Digital Artwork Commemorating Transition to the New York Stock Exchange

AI-Enhanced Art Available Exclusively to Kartoon Studios' Shareholders of Record on June 26, 2023, the Company's First Day Trading on the NYSE American AI-Enhanced Art Available Exclusively to Kartoon...

1 year ago - GlobeNewsWire