Kartoon Studios Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	39.08	32.59	44.09	62.3	7.87	2.48
Revenue Growth (YoY)	22.21%	-26.07%	-29.24%	691.30%	217.08%	-57.97%
Gross Profit	39.08	-	-	-	-	-
Selling, General & Admin	23.85	26.45	37.98	47.69	41.41	18.24
Other Operating Expenses	27.92	23.13	78.48	58.33	30.22	2.12
Total Operating Expenses	51.77	49.59	116.46	106.02	71.63	20.37
Operating Income	12.68	17	72.37	43.72	63.75	17.88
Interest Expense	-0.6	-0.78	-3.13	-2.33	-0.02	-1.18
Other Non-Operating Income (Expense)	-11.96	-3.21	-2.68	1.63	-62.59	-382.61
Total Non-Operating Income (Expense)	-12.57	-3.99	-5.81	-0.7	-62.61	-383.79
Pretax Income	7.14	20.98	78.18	44.42	126.37	401.67
Provision for Income Taxes	-	-0.04	-0.97	0.11	-	-
Net Income	25.02	20.74	77.1	45.6	126.29	401.67
Minority Interest in Earnings	-0.18	-0.2	-0.1	1.07	-0.08	-
Net Income to Common	25.02	20.74	77.1	45.6	126.29	401.67
Net Income Growth	-31.65%	-73.10%	69.10%	-63.90%	-68.56%	2602.75%
Shares Outstanding (Basic)	46	38	34	31	30	14
Shares Outstanding (Diluted)	46	38	34	31	30	14
Shares Change (YoY)	23.38%	14.08%	7.28%	5.50%	108.85%	1096.42%
EPS (Basic)	-0.55	-0.54	-2.29	-1.45	-4.24	-28.20
EPS (Diluted)	-0.55	-0.54	-2.29	-1.45	-4.24	-28.20
Free Cash Flow	-14.31	-3.61	-16.16	-26.52	-24.12	-0.01
Free Cash Flow Per Share	-0.31	-0.09	-0.48	-0.84	-0.81	-0.00
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	32.46%	52.15%	164.16%	70.18%	809.77%	720.18%
Profit Margin	64.50%	64.25%	175.12%	71.48%	1605.07%	16176.80%
FCF Margin	-36.62%	-11.06%	-36.67%	-42.56%	-306.38%	-0.33%
EBITDA	16.58	21.37	78.33	54.64	65.99	18.17
EBITDA Margin	42.42%	65.58%	177.67%	87.70%	838.16%	731.70%
EBIT	12.68	17	72.37	43.72	63.75	17.88
EBIT Margin	32.46%	52.15%	164.16%	70.18%	809.77%	720.18%
Effective Tax Rate	-	-0.20%	-1.24%	0.24%	0.00%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q