Kartoon Studios, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.4M | $32.6M | $44.1M | $62.3M | $7.9M | $2.5M | $5.9M | $993.5K |
| Cost of Revenue | — | — | — | — | — | — | $4.6M | $1.5M |
| Gross Profit | — | — | — | — | — | — | $1.3M | $-543.3K |
| Gross Margin | — | — | — | — | — | — | 22.7% | -54.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $24.0M | $25.2M | $35.3M | $45.9M | $36.0M | $17.4M | $7.1M | $5.0M |
| Operating Income | $-12.9M | $-17.0M | $-72.4M | $-43.7M | $-63.8M | $-17.9M | $-6.5M | $-8.0M |
| Operating Margin | -32.8% | -52.1% | -164.2% | -70.2% | -809.8% | -720.2% | -110.1% | -805.7% |
| Interest Expense | $656.0K | $779.0K | $3.1M | $2.3M | $20.0K | $1.2M | $807.2K | $1.0M |
| Pretax Income | $-24.8M | $-21.0M | $-78.2M | $-44.4M | $-126.4M | $-401.7M | $-11.5M | $-9.0M |
| Income Tax Expense | $-135.0K | $-43.0K | $-973.0K | $105.0K | $0 | $0 | $0 | $0 |
| Net Income | $-24.5M | $-20.7M | $-77.1M | $-45.6M | $-126.3M | $-401.7M | $-11.5M | $-9.0M |
| Net Margin | -62.3% | -63.6% | -174.9% | -73.2% | -1,604.1% | -16,176.8% | -194.3% | -906.3% |
| EPS (Basic) | $-0.49 | $-0.54 | $-2.29 | $-1.45 | $-4.24 | $-2.82 | $-1.25 | $-1.07 |
| EPS (Diluted) | $-0.49 | $-0.54 | $-2.29 | $-1.45 | $-4.24 | $-2.82 | $-1.25 | $-1.07 |
| Shares Outstanding (Basic) | 50.2M | 38.4M | 33.7M | 31.4M | 29.8M | 142.5M | 21.9M | 9.5M |
| Shares Outstanding (Diluted) | 50.2M | 38.4M | 33.7M | 31.4M | 29.8M | 142.5M | 21.9M | 9.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |