Kartoon Studios Inc. (TOON) 10-Year Financial Performance & Capital Metrics

TOON •

Communication ServicesEntertainmentFilm and TV Production and Networks

AboutKartoon Studios Inc., a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Ukulele U, a live-action IP preschool music series; Team Zenko Go!, a preschool computer animated children's streaming television series; Rainbow Rangers, an animated series about the adventures of seven magical girls; Guava Juice, a 2D animated IP series; 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, an elimination-style competitive reality series; Spin Master Productions; Madagascar; and Bee & PuppyCat. It also operates a cartoon channel over various platforms. In addition, the company acts as a licensing agent for Llama Llama, Bee & PuppyCat, and Castlevania. It serves various customers and partners, including broadcasters, consumer products licensees, and online platforms. The company was formerly known as Genius Brands International, Inc. and changed its name to Kartoon Studios Inc. in June 2023. Kartoon Studios Inc. was incorporated in 2006 and is headquartered in Beverly Hills, California.Show more

Revenue $33M -26.1%
EBITDA -$13M +81.0%
Net Income -$21M +73.1%
EPS (Diluted) -0.54 +76.4%
Gross Margin 29.02% +247.1%
EBITDA Margin -38.72% +74.3%
Operating Margin -52.15% +68.2%
Net Margin -63.63% +63.6%
ROE -46.23% +50.2%
ROIC -20.6% +47.6%
Debt/Equity 0.46 -14.6%
Interest Coverage -19.63 +10.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 40.7%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 20 (bottom 20%)
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 14.1% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y42.78%

5Y40.71%

3Y60.57%

TTM22.16%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM37.98%

EPS CAGR

10Y-

5Y-

3Y-

TTM45.66%

ROCE

10Y Avg-35.38%

5Y Avg-40.8%

3Y Avg-44.77%

Latest-28.85%

Peer Comparison

Film and TV Production and Networks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NWSNews Corporation	5.06B	26.78	33.06	2.42%	5.09%	4.64%	14.36%	0.31
DISThe Walt Disney Company	189.93B	106.05	15.48	3.35%	12.8%	10.75%	5.31%	0.39
NWSANews Corporation	4.52B	24.29	11.73	2.42%	12.19%	11.4%	16.09%	0.31
TOONKartoon Studios Inc.	26.34M	0.57	-1.06	-26.07%	-64.05%	-104.21%		0.46
PSKYParamount Skydance Corporation Class B Common Stock	14.48B	13.51	-1.45		-2.13%	-4.82%	3.38%	1.12
WBDWarner Bros. Discovery, Inc.	76.28B	28.17	-6.10	-4.84%	1.28%	1.3%	5.8%	1.13
LIONLionsgate Studios Corp.	2.61B	9.00	-20.93	7%	-8.83%
AMCXAMC Networks Inc.	93.82M	8.17		-4.52%	-6.03%	-12.21%	100%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	907.98K	866.88K	5.34M	993.45K	5.91M	2.48M	7.87M	62.3M	44.09M	32.59M
Revenue Growth %	-1.92%	-4.53%	515.51%	-81.38%	494.68%	-57.97%	217.08%	691.3%	-29.24%	-26.07%
Cost of Goods Sold+	200.42K	421.9K	4.38M	1.63M	4.57M	2.12M	21.99M	49.36M	40.4M	23.13M
COGS % of Revenue	22.07%	48.67%	82.15%	163.57%	77.33%	85.54%	279.27%	79.23%	91.64%	70.98%
Gross Profit+	707.57K	444.97K	952.38K	-631.58K	1.34M	359K	-14.11M	12.94M	3.69M	9.46M
Gross Margin %	77.93%	51.33%	17.85%	-63.57%	22.67%	14.46%	-179.27%	20.77%	8.36%	29.02%
Gross Profit Growth %	182.1%	-37.11%	114.03%	-166.32%	312.07%	-73.2%	-4031.48%	191.67%	-71.51%	156.57%
Operating Expenses+	4.16M	6.91M	5.87M	5.63M	7.85M	18.24M	49.64M	56.66M	76.06M	26.45M
OpEx % of Revenue	458.53%	797.1%	109.94%	566.97%	132.8%	734.64%	630.5%	90.95%	172.52%	81.17%
Selling, General & Admin	4.24M	6.91M	5.87M	5.72M	7.85M	18.24M	41.41M	47.69M	37.98M	26.45M
SG&A % of Revenue	467.4%	797.1%	109.94%	575.86%	132.8%	734.64%	525.96%	76.54%	86.14%	81.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	8.23M	8.97M	38.08M	0
Operating Income+	-3.54M	-6.46M	-4.91M	-6.26M	-6.51M	-17.88M	-63.75M	-43.72M	-72.37M	-17M
Operating Margin %	-389.47%	-745.77%	-92.09%	-630.55%	-110.13%	-720.18%	-809.77%	-70.18%	-164.16%	-52.15%
Operating Income Growth %	3.15%	-82.81%	23.99%	-27.48%	-3.87%	-174.83%	-256.52%	31.42%	-65.53%	76.52%
EBITDA+	-3.4M	-6.15M	-2.25M	-5.1M	-3.94M	-16.52M	-61.52M	-32.8M	-66.41M	-12.62M
EBITDA Margin %	-374.72%	-709.95%	-42.23%	-512.97%	-66.61%	-665.44%	-781.38%	-52.66%	-150.65%	-38.72%
EBITDA Growth %	3.93%	-80.88%	63.39%	-126.19%	22.78%	-319.86%	-272.32%	46.67%	-102.45%	81%
D&A (Non-Cash Add-back)	133.91K	310.48K	2.66M	1.17M	2.57M	1.36M	2.23M	10.91M	5.96M	4.38M
EBIT	-3.46M	-6.2M	-4.91M	-7.98M	-10.67M	-400.49M	-126.35M	-41.98M	-74.86M	-20.12M
Net Interest Income+	-36.65K	-11.18K	-3.23K	-1.02M	-792.16K	-1.03M	539K	-1.43M	-2.69M	-698K
Interest Income	27.33K	0	0	0	15.04K	145K	559K	1.01M	622K	168K
Interest Expense	27.33K	11.18K	3.23K	1.02M	807.21K	1.18M	20K	2.44M	3.31M	866K
Other Income/Expense	53.22K	251.73K	5.05K	-2.74M	-4.97M	-383.79M	-62.61M	-704K	-5.8M	-3.99M
Pretax Income+	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.42M	-78.17M	-20.98M
Pretax Margin %	-383.61%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1605.07%	-71.31%	-177.33%	-64.39%
Income Tax+	3.78M	5	0	-2	0	0	0	105K	-973K	-43K
Effective Tax Rate %	208.63%	100%	100%	100%	100%	100%	99.94%	102.64%	98.63%	98.83%
Net Income+	-7.27M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.29M	-45.59M	-77.1M	-20.74M
Net Margin %	-800.34%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1604.1%	-73.19%	-174.9%	-63.63%
Net Income Growth %	-94.9%	14.5%	20.99%	-83.43%	-27.51%	-3398.49%	68.56%	63.9%	-69.1%	73.1%
Net Income (Continuing)	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.53M	-77.2M	-20.94M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	1.92M	1.79M	1.69M	1.49M
EPS (Diluted)+	-29.06	-15.87	-8.07	-10.28	-9.64	-28.20	-4.24	-1.45	-2.29	-0.54
EPS Growth %	-62.53%	45.39%	49.15%	-27.39%	6.23%	-192.53%	84.96%	65.8%	-57.93%	76.42%
EPS (Basic)	-29.06	-15.87	-8.07	-10.28	-9.64	-28.20	-4.24	-1.45	-2.29	-0.54
Diluted Shares Outstanding	250.09K	391.52K	608.47K	875.87K	1.19M	14.25M	29.75M	31.39M	33.67M	38.41M
Basic Shares Outstanding	250.09K	391.52K	608.47K	875.87K	1.19M	14.25M	29.75M	31.39M	33.67M	38.41M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.43M	3.38M	10.83M	5.58M	4.65M	108.57M	136.19M	139.53M	55.67M	34.66M
Cash & Short-Term Investments	5.19M	2.89M	7.5M	2.68M	305.12K	100.46M	114.58M	91.14M	15.54M	9.91M
Cash Only	5.19M	2.89M	7.5M	2.68M	305.12K	100.46M	2.06M	7.43M	3.59M	7.88M
Short-Term Investments	0	0	0	0	0	0	112.52M	83.71M	11.95M	2.03M
Accounts Receivable	171.87K	122.91K	3.05M	2.16M	4.1M	1.73M	9.88M	45.82M	38.89M	23.64M
Days Sales Outstanding	69.09	51.75	208.94	793.71	253.41	254.46	457.91	268.45	321.98	264.8
Inventory	7.08K	6.56K	17.59K	15.82K	9.28K	0	0	0	0	0
Days Inventory Outstanding	12.89	5.68	1.46	3.55	0.74	-	-	-	-	-
Other Current Assets	0	1M	568.67K	421.44K	0	0	8M	2.57M	1.24M	1.11M
Total Non-Current Assets+	13.44M	14.63M	16.88M	19.02M	24.77M	25.64M	37.9M	100.06M	55.76M	50.8M
Property, Plant & Equipment	150.95K	90.46K	94.67K	75.63K	4.07M	2.07M	3.23M	13.24M	10.82M	8.18M
Fixed Asset Turnover	6.02x	9.58x	56.36x	13.13x	1.45x	1.20x	2.43x	4.70x	4.07x	3.99x
Goodwill	10.37M	10.37M	10.37M	10.37M	10.37M	10.37M	15.23M	33.47M	0	0
Intangible Assets	1.92M	1.85M	1.86M	89.99K	9.96M	11.86M	12.67M	36.95M	24.29M	22.34M
Long-Term Investments	0	0	1.78M	0	0	1.3M	6.7M	16.25M	19.09M	16.43M
Other Non-Current Assets	1M	2.26M	2.76M	8.49M	368K	43K	69K	148K	1.56M	3.85M
Total Assets+	18.87M	18.01M	27.71M	24.6M	29.41M	134.2M	174.08M	239.59M	111.44M	85.47M
Asset Turnover	0.05x	0.05x	0.19x	0.04x	0.20x	0.02x	0.05x	0.26x	0.40x	0.38x
Asset Growth %	8.92%	-4.56%	53.87%	-11.22%	19.56%	356.26%	29.72%	37.63%	-53.49%	-23.3%
Total Current Liabilities+	2.61M	3.86M	2.79M	4.61M	8.3M	7.18M	21.13M	110.91M	45.64M	33.44M
Accounts Payable	359.43K	648.64K	453.2K	285.56K	946.45K	786K	7.19M	11.44M	16.86M	11.95M
Days Payables Outstanding	654.6	561.15	37.74	64.14	75.62	135.07	119.39	84.57	152.36	188.61
Short-Term Debt	410.54K	0	0	1.83M	2.37M	366K	6.39M	80.83M	19.02M	10.12M
Deferred Revenue (Current)	0	410.66K	453.93K	0	664.89K	684K	432K	9.06M	3.13M	6M
Other Current Liabilities	1.74M	2.66M	1.72M	2.3M	0	1.2M	2.62M	803K	63K	1.06M
Current Ratio	2.08x	0.88x	3.88x	1.21x	0.56x	15.12x	6.44x	1.26x	1.22x	1.04x
Quick Ratio	2.08x	0.87x	3.87x	1.21x	0.56x	15.12x	6.44x	1.26x	1.22x	1.04x
Cash Conversion Cycle	-572.61	-503.72	172.67	733.12	178.53	-	-	-	-	-
Total Non-Current Liabilities+	0	4.1M	9.88M	7.15M	12.03M	7.83M	8.3M	15.81M	12.54M	15.57M
Long-Term Debt	0	1.33M	4.32M	2.18M	3.09M	1.1M	82K	0	0	0
Capital Lease Obligations	0	0	0	0	3.57M	2.05M	2.46M	9.12M	7.66M	5.41M
Deferred Tax Liabilities	0	70.9K	14.9K	0	0	0	0	2.37M	1.4M	1.3M
Other Non-Current Liabilities	0	0	910.1K	4.98M	925K	925K	2.27M	952K	14K	5.48M
Total Liabilities	2.61M	7.96M	12.67M	11.76M	20.33M	15M	29.43M	126.72M	58.17M	49.01M
Total Debt+	410.54K	1.33M	4.32M	4.01M	9.63M	3.67M	9.6M	92.37M	28.71M	16.78M
Net Debt	-4.78M	-1.56M	-3.18M	1.33M	9.33M	-96.79M	7.54M	84.94M	25.12M	8.9M
Debt / Equity	0.03x	0.13x	0.29x	0.31x	1.06x	0.03x	0.07x	0.82x	0.54x	0.46x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-129.38x	-578.36x	-1522.71x	-6.15x	-8.06x	-15.15x	-3187.65x	-17.88x	-21.83x	-19.63x
Total Equity+	14.12M	10.06M	15.04M	12.84M	9.09M	119.2M	144.65M	112.87M	53.26M	36.46M
Equity Growth %	2.93%	-28.79%	49.57%	-14.63%	-29.23%	1211.77%	21.36%	-21.97%	-52.81%	-31.54%
Book Value per Share	56.47	25.68	24.72	14.66	7.63	8.37	4.86	3.60	1.58	0.95
Total Shareholders' Equity	14.12M	10.06M	15.04M	12.84M	9.09M	119.2M	142.73M	111.08M	51.57M	34.97M
Common Stock	3.75K	4.01K	7.61K	9.46K	21.88K	258K	303K	319K	352K	45K
Retained Earnings	-30.43M	-36.64M	-41.55M	-50.7M	-66.05M	-469.56M	-595.85M	-641.44M	-718.55M	-739.28M
Treasury Stock	0	0	0	0	0	0	0	-290K	-339K	-340K
Accumulated OCI	24	-2.73K	-5.12K	-5.12K	-5.12K	-5K	-1.22M	-9.93M	-3.88M	-3.38M
Minority Interest	0	0	0	0	0	0	1.92M	1.79M	1.69M	1.49M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.4M	-3.72M	-7.19M	-8.01M	-6.25M	-8.05M	-23.82M	-25.92M	-16.09M	-3.49M
Operating CF Margin %	-374.08%	-428.7%	-134.69%	-806.08%	-105.81%	-324.37%	-302.54%	-41.61%	-36.5%	-10.71%
Operating CF Growth %	-36.85%	-9.41%	-93.39%	-11.43%	21.94%	-28.84%	-195.74%	-8.83%	37.92%	78.32%
Net Income	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.53M	-77.2M	-20.94M
Depreciation & Amortization	133.91K	310.48K	2.66M	1.17M	2.57M	1.36M	2.23M	10.91M	5.96M	4.38M
Stock-Based Compensation	31.92K	1.62M	793.96K	306.02K	184.26K	8.93M	16.45M	10.89M	2.67M	667K
Deferred Taxes	0	0	0	0	0	0	0	-45K	-973K	7K
Other Non-Cash Items	249.63K	1.41M	11.24M	1.82M	5.05M	384.48M	90.25M	25.53M	72.26M	20.81M
Working Capital Changes	-328.92K	813.34K	-5.8M	-2.9M	-2.58M	-1.15M	-6.39M	-28.69M	-18.81M	-8.41M
Change in Receivables	65.32K	294.79K	-4.78M	2.65M	-1.92M	2.33M	-276K	-11.63M	-16.31M	-4.43M
Change in Inventory	4.61K	518	-11.03K	1.77K	6.54K	9K	0	0	0	0
Change in Payables	0	289.2K	-266.64K	588.3K	250.49K	-389K	-169K	2.75M	5.35M	-4.9M
Cash from Investing+	-294.21K	-11.49K	-107.19K	-42.98K	-26.98K	-1.4M	-128.73M	-30.94M	73.86M	10.01M
Capital Expenditures	-182.99K	-11.49K	-107.19K	-42.98K	-26.98K	-76K	-302K	-592K	-72K	-117K
CapEx % of Revenue	20.15%	1.33%	2.01%	4.33%	0.46%	3.06%	3.84%	0.95%	0.16%	0.36%
Acquisitions	0	0	0	0	0	-1.3M	-11.18M	-50.74M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-111.22K	-5.65K	-44.79K	-21.36K	0	-26K	-2.28M	-1.59M	1.33M	83K
Cash from Financing+	4.58M	1.43M	11.9M	3.64M	3.5M	109.61M	62.17M	54.44M	-60.8M	-3.13M
Debt Issued (Net)	0	1.32M	2.8M	2.04M	-868.7K	5.21M	4.91M	56.24M	-65.78M	-10.26M
Equity Issued (Net)	0	0	1000K	0	1000K	1000K	0	-285K	0	1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	-285K	0	0
Other Financing	4.58M	110K	3.4M	1.6M	1.35M	5.82M	57.27M	-1.51M	4.98M	-393K
Net Change in Cash	886.52K	-2.3M	4.61M	-4.41M	-2.78M	100.15M	-90.4M	-2.63M	-3.34M	4.29M
Free Cash Flow+	-3.58M	-3.73M	-7.29M	-8.05M	-6.28M	-8.16M	-25.13M	-26.54M	-16.16M	-3.61M
FCF Margin %	-394.23%	-430.02%	-136.7%	-810.41%	-106.27%	-328.47%	-319.18%	-42.6%	-36.67%	-11.06%
FCF Growth %	-43.98%	-4.14%	-95.67%	-10.38%	22.02%	-29.91%	-208.1%	-5.6%	39.09%	77.69%
FCF per Share	-14.31	-9.52	-11.99	-9.19	-5.27	-0.57	-0.84	-0.85	-0.48	-0.09
FCF Conversion (FCF/Net Income)	0.47x	0.60x	1.46x	0.89x	0.54x	0.02x	0.19x	0.57x	0.21x	0.17x
Interest Paid	2.58K	2.67K	3.23K	271.24K	516.96K	470K	19K	252K	1.82M	129K
Taxes Paid	0	0	0	0	0	0	0	19K	64K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-52.2%	-51.4%	-39.12%	-64.59%	-104.72%	-626.22%	-95.73%	-35.41%	-92.82%	-46.23%
Return on Invested Capital (ROIC)	-27.66%	-54.34%	-36.19%	-36.1%	-29.96%	-65.71%	-54.77%	-18.74%	-39.3%	-20.6%
Gross Margin	77.93%	51.33%	17.85%	-63.57%	22.67%	14.46%	-179.27%	20.77%	8.36%	29.02%
Net Margin	-800.34%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1604.1%	-73.19%	-174.9%	-63.63%
Debt / Equity	0.03x	0.13x	0.29x	0.31x	1.06x	0.03x	0.07x	0.82x	0.54x	0.46x
Interest Coverage	-129.38x	-578.36x	-1522.71x	-6.15x	-8.06x	-15.15x	-3187.65x	-17.88x	-21.83x	-19.63x
FCF Conversion	0.47x	0.60x	1.46x	0.89x	0.54x	0.02x	0.19x	0.57x	0.21x	0.17x
Revenue Growth	-1.92%	-4.53%	515.51%	-81.38%	494.68%	-57.97%	217.08%	691.3%	-29.24%	-26.07%

US Stock Screener

...

Kartoon Studios Inc. (TOON) 10-Year Financial Performance & Capital Metrics

TOON •

Communication ServicesEntertainmentFilm and TV Production and Networks

Revenue $33M -26.1%
EBITDA -$13M +81.0%
Net Income -$21M +73.1%
EPS (Diluted) -0.54 +76.4%
Gross Margin 29.02% +247.1%
EBITDA Margin -38.72% +74.3%
Operating Margin -52.15% +68.2%
Net Margin -63.63% +63.6%
ROE -46.23% +50.2%
ROIC -20.6% +47.6%
Debt/Equity 0.46 -14.6%
Interest Coverage -19.63 +10.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 40.7%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 20 (bottom 20%)
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 14.1% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y42.78%

5Y40.71%

3Y60.57%

TTM22.16%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM37.98%

EPS CAGR

10Y-

5Y-

3Y-

TTM45.66%

ROCE

10Y Avg-35.38%

5Y Avg-40.8%

3Y Avg-44.77%

Latest-28.85%

Peer Comparison

Film and TV Production and Networks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NWSNews Corporation	5.06B	26.78	33.06	2.42%	5.09%	4.64%	14.36%	0.31
DISThe Walt Disney Company	189.93B	106.05	15.48	3.35%	12.8%	10.75%	5.31%	0.39
NWSANews Corporation	4.52B	24.29	11.73	2.42%	12.19%	11.4%	16.09%	0.31
TOONKartoon Studios Inc.	26.34M	0.57	-1.06	-26.07%	-64.05%	-104.21%		0.46
PSKYParamount Skydance Corporation Class B Common Stock	14.48B	13.51	-1.45		-2.13%	-4.82%	3.38%	1.12
WBDWarner Bros. Discovery, Inc.	76.28B	28.17	-6.10	-4.84%	1.28%	1.3%	5.8%	1.13
LIONLionsgate Studios Corp.	2.61B	9.00	-20.93	7%	-8.83%
AMCXAMC Networks Inc.	93.82M	8.17		-4.52%	-6.03%	-12.21%	100%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	907.98K	866.88K	5.34M	993.45K	5.91M	2.48M	7.87M	62.3M	44.09M	32.59M
Revenue Growth %	-1.92%	-4.53%	515.51%	-81.38%	494.68%	-57.97%	217.08%	691.3%	-29.24%	-26.07%
Cost of Goods Sold+	200.42K	421.9K	4.38M	1.63M	4.57M	2.12M	21.99M	49.36M	40.4M	23.13M
COGS % of Revenue	22.07%	48.67%	82.15%	163.57%	77.33%	85.54%	279.27%	79.23%	91.64%	70.98%
Gross Profit+	707.57K	444.97K	952.38K	-631.58K	1.34M	359K	-14.11M	12.94M	3.69M	9.46M
Gross Margin %	77.93%	51.33%	17.85%	-63.57%	22.67%	14.46%	-179.27%	20.77%	8.36%	29.02%
Gross Profit Growth %	182.1%	-37.11%	114.03%	-166.32%	312.07%	-73.2%	-4031.48%	191.67%	-71.51%	156.57%
Operating Expenses+	4.16M	6.91M	5.87M	5.63M	7.85M	18.24M	49.64M	56.66M	76.06M	26.45M
OpEx % of Revenue	458.53%	797.1%	109.94%	566.97%	132.8%	734.64%	630.5%	90.95%	172.52%	81.17%
Selling, General & Admin	4.24M	6.91M	5.87M	5.72M	7.85M	18.24M	41.41M	47.69M	37.98M	26.45M
SG&A % of Revenue	467.4%	797.1%	109.94%	575.86%	132.8%	734.64%	525.96%	76.54%	86.14%	81.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	8.23M	8.97M	38.08M	0
Operating Income+	-3.54M	-6.46M	-4.91M	-6.26M	-6.51M	-17.88M	-63.75M	-43.72M	-72.37M	-17M
Operating Margin %	-389.47%	-745.77%	-92.09%	-630.55%	-110.13%	-720.18%	-809.77%	-70.18%	-164.16%	-52.15%
Operating Income Growth %	3.15%	-82.81%	23.99%	-27.48%	-3.87%	-174.83%	-256.52%	31.42%	-65.53%	76.52%
EBITDA+	-3.4M	-6.15M	-2.25M	-5.1M	-3.94M	-16.52M	-61.52M	-32.8M	-66.41M	-12.62M
EBITDA Margin %	-374.72%	-709.95%	-42.23%	-512.97%	-66.61%	-665.44%	-781.38%	-52.66%	-150.65%	-38.72%
EBITDA Growth %	3.93%	-80.88%	63.39%	-126.19%	22.78%	-319.86%	-272.32%	46.67%	-102.45%	81%
D&A (Non-Cash Add-back)	133.91K	310.48K	2.66M	1.17M	2.57M	1.36M	2.23M	10.91M	5.96M	4.38M
EBIT	-3.46M	-6.2M	-4.91M	-7.98M	-10.67M	-400.49M	-126.35M	-41.98M	-74.86M	-20.12M
Net Interest Income+	-36.65K	-11.18K	-3.23K	-1.02M	-792.16K	-1.03M	539K	-1.43M	-2.69M	-698K
Interest Income	27.33K	0	0	0	15.04K	145K	559K	1.01M	622K	168K
Interest Expense	27.33K	11.18K	3.23K	1.02M	807.21K	1.18M	20K	2.44M	3.31M	866K
Other Income/Expense	53.22K	251.73K	5.05K	-2.74M	-4.97M	-383.79M	-62.61M	-704K	-5.8M	-3.99M
Pretax Income+	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.42M	-78.17M	-20.98M
Pretax Margin %	-383.61%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1605.07%	-71.31%	-177.33%	-64.39%
Income Tax+	3.78M	5	0	-2	0	0	0	105K	-973K	-43K
Effective Tax Rate %	208.63%	100%	100%	100%	100%	100%	99.94%	102.64%	98.63%	98.83%
Net Income+	-7.27M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.29M	-45.59M	-77.1M	-20.74M
Net Margin %	-800.34%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1604.1%	-73.19%	-174.9%	-63.63%
Net Income Growth %	-94.9%	14.5%	20.99%	-83.43%	-27.51%	-3398.49%	68.56%	63.9%	-69.1%	73.1%
Net Income (Continuing)	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.53M	-77.2M	-20.94M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	1.92M	1.79M	1.69M	1.49M
EPS (Diluted)+	-29.06	-15.87	-8.07	-10.28	-9.64	-28.20	-4.24	-1.45	-2.29	-0.54
EPS Growth %	-62.53%	45.39%	49.15%	-27.39%	6.23%	-192.53%	84.96%	65.8%	-57.93%	76.42%
EPS (Basic)	-29.06	-15.87	-8.07	-10.28	-9.64	-28.20	-4.24	-1.45	-2.29	-0.54
Diluted Shares Outstanding	250.09K	391.52K	608.47K	875.87K	1.19M	14.25M	29.75M	31.39M	33.67M	38.41M
Basic Shares Outstanding	250.09K	391.52K	608.47K	875.87K	1.19M	14.25M	29.75M	31.39M	33.67M	38.41M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.43M	3.38M	10.83M	5.58M	4.65M	108.57M	136.19M	139.53M	55.67M	34.66M
Cash & Short-Term Investments	5.19M	2.89M	7.5M	2.68M	305.12K	100.46M	114.58M	91.14M	15.54M	9.91M
Cash Only	5.19M	2.89M	7.5M	2.68M	305.12K	100.46M	2.06M	7.43M	3.59M	7.88M
Short-Term Investments	0	0	0	0	0	0	112.52M	83.71M	11.95M	2.03M
Accounts Receivable	171.87K	122.91K	3.05M	2.16M	4.1M	1.73M	9.88M	45.82M	38.89M	23.64M
Days Sales Outstanding	69.09	51.75	208.94	793.71	253.41	254.46	457.91	268.45	321.98	264.8
Inventory	7.08K	6.56K	17.59K	15.82K	9.28K	0	0	0	0	0
Days Inventory Outstanding	12.89	5.68	1.46	3.55	0.74	-	-	-	-	-
Other Current Assets	0	1M	568.67K	421.44K	0	0	8M	2.57M	1.24M	1.11M
Total Non-Current Assets+	13.44M	14.63M	16.88M	19.02M	24.77M	25.64M	37.9M	100.06M	55.76M	50.8M
Property, Plant & Equipment	150.95K	90.46K	94.67K	75.63K	4.07M	2.07M	3.23M	13.24M	10.82M	8.18M
Fixed Asset Turnover	6.02x	9.58x	56.36x	13.13x	1.45x	1.20x	2.43x	4.70x	4.07x	3.99x
Goodwill	10.37M	10.37M	10.37M	10.37M	10.37M	10.37M	15.23M	33.47M	0	0
Intangible Assets	1.92M	1.85M	1.86M	89.99K	9.96M	11.86M	12.67M	36.95M	24.29M	22.34M
Long-Term Investments	0	0	1.78M	0	0	1.3M	6.7M	16.25M	19.09M	16.43M
Other Non-Current Assets	1M	2.26M	2.76M	8.49M	368K	43K	69K	148K	1.56M	3.85M
Total Assets+	18.87M	18.01M	27.71M	24.6M	29.41M	134.2M	174.08M	239.59M	111.44M	85.47M
Asset Turnover	0.05x	0.05x	0.19x	0.04x	0.20x	0.02x	0.05x	0.26x	0.40x	0.38x
Asset Growth %	8.92%	-4.56%	53.87%	-11.22%	19.56%	356.26%	29.72%	37.63%	-53.49%	-23.3%
Total Current Liabilities+	2.61M	3.86M	2.79M	4.61M	8.3M	7.18M	21.13M	110.91M	45.64M	33.44M
Accounts Payable	359.43K	648.64K	453.2K	285.56K	946.45K	786K	7.19M	11.44M	16.86M	11.95M
Days Payables Outstanding	654.6	561.15	37.74	64.14	75.62	135.07	119.39	84.57	152.36	188.61
Short-Term Debt	410.54K	0	0	1.83M	2.37M	366K	6.39M	80.83M	19.02M	10.12M
Deferred Revenue (Current)	0	410.66K	453.93K	0	664.89K	684K	432K	9.06M	3.13M	6M
Other Current Liabilities	1.74M	2.66M	1.72M	2.3M	0	1.2M	2.62M	803K	63K	1.06M
Current Ratio	2.08x	0.88x	3.88x	1.21x	0.56x	15.12x	6.44x	1.26x	1.22x	1.04x
Quick Ratio	2.08x	0.87x	3.87x	1.21x	0.56x	15.12x	6.44x	1.26x	1.22x	1.04x
Cash Conversion Cycle	-572.61	-503.72	172.67	733.12	178.53	-	-	-	-	-
Total Non-Current Liabilities+	0	4.1M	9.88M	7.15M	12.03M	7.83M	8.3M	15.81M	12.54M	15.57M
Long-Term Debt	0	1.33M	4.32M	2.18M	3.09M	1.1M	82K	0	0	0
Capital Lease Obligations	0	0	0	0	3.57M	2.05M	2.46M	9.12M	7.66M	5.41M
Deferred Tax Liabilities	0	70.9K	14.9K	0	0	0	0	2.37M	1.4M	1.3M
Other Non-Current Liabilities	0	0	910.1K	4.98M	925K	925K	2.27M	952K	14K	5.48M
Total Liabilities	2.61M	7.96M	12.67M	11.76M	20.33M	15M	29.43M	126.72M	58.17M	49.01M
Total Debt+	410.54K	1.33M	4.32M	4.01M	9.63M	3.67M	9.6M	92.37M	28.71M	16.78M
Net Debt	-4.78M	-1.56M	-3.18M	1.33M	9.33M	-96.79M	7.54M	84.94M	25.12M	8.9M
Debt / Equity	0.03x	0.13x	0.29x	0.31x	1.06x	0.03x	0.07x	0.82x	0.54x	0.46x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-129.38x	-578.36x	-1522.71x	-6.15x	-8.06x	-15.15x	-3187.65x	-17.88x	-21.83x	-19.63x
Total Equity+	14.12M	10.06M	15.04M	12.84M	9.09M	119.2M	144.65M	112.87M	53.26M	36.46M
Equity Growth %	2.93%	-28.79%	49.57%	-14.63%	-29.23%	1211.77%	21.36%	-21.97%	-52.81%	-31.54%
Book Value per Share	56.47	25.68	24.72	14.66	7.63	8.37	4.86	3.60	1.58	0.95
Total Shareholders' Equity	14.12M	10.06M	15.04M	12.84M	9.09M	119.2M	142.73M	111.08M	51.57M	34.97M
Common Stock	3.75K	4.01K	7.61K	9.46K	21.88K	258K	303K	319K	352K	45K
Retained Earnings	-30.43M	-36.64M	-41.55M	-50.7M	-66.05M	-469.56M	-595.85M	-641.44M	-718.55M	-739.28M
Treasury Stock	0	0	0	0	0	0	0	-290K	-339K	-340K
Accumulated OCI	24	-2.73K	-5.12K	-5.12K	-5.12K	-5K	-1.22M	-9.93M	-3.88M	-3.38M
Minority Interest	0	0	0	0	0	0	1.92M	1.79M	1.69M	1.49M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.4M	-3.72M	-7.19M	-8.01M	-6.25M	-8.05M	-23.82M	-25.92M	-16.09M	-3.49M
Operating CF Margin %	-374.08%	-428.7%	-134.69%	-806.08%	-105.81%	-324.37%	-302.54%	-41.61%	-36.5%	-10.71%
Operating CF Growth %	-36.85%	-9.41%	-93.39%	-11.43%	21.94%	-28.84%	-195.74%	-8.83%	37.92%	78.32%
Net Income	-3.48M	-6.21M	-4.91M	-9M	-11.48M	-401.67M	-126.37M	-44.53M	-77.2M	-20.94M
Depreciation & Amortization	133.91K	310.48K	2.66M	1.17M	2.57M	1.36M	2.23M	10.91M	5.96M	4.38M
Stock-Based Compensation	31.92K	1.62M	793.96K	306.02K	184.26K	8.93M	16.45M	10.89M	2.67M	667K
Deferred Taxes	0	0	0	0	0	0	0	-45K	-973K	7K
Other Non-Cash Items	249.63K	1.41M	11.24M	1.82M	5.05M	384.48M	90.25M	25.53M	72.26M	20.81M
Working Capital Changes	-328.92K	813.34K	-5.8M	-2.9M	-2.58M	-1.15M	-6.39M	-28.69M	-18.81M	-8.41M
Change in Receivables	65.32K	294.79K	-4.78M	2.65M	-1.92M	2.33M	-276K	-11.63M	-16.31M	-4.43M
Change in Inventory	4.61K	518	-11.03K	1.77K	6.54K	9K	0	0	0	0
Change in Payables	0	289.2K	-266.64K	588.3K	250.49K	-389K	-169K	2.75M	5.35M	-4.9M
Cash from Investing+	-294.21K	-11.49K	-107.19K	-42.98K	-26.98K	-1.4M	-128.73M	-30.94M	73.86M	10.01M
Capital Expenditures	-182.99K	-11.49K	-107.19K	-42.98K	-26.98K	-76K	-302K	-592K	-72K	-117K
CapEx % of Revenue	20.15%	1.33%	2.01%	4.33%	0.46%	3.06%	3.84%	0.95%	0.16%	0.36%
Acquisitions	0	0	0	0	0	-1.3M	-11.18M	-50.74M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-111.22K	-5.65K	-44.79K	-21.36K	0	-26K	-2.28M	-1.59M	1.33M	83K
Cash from Financing+	4.58M	1.43M	11.9M	3.64M	3.5M	109.61M	62.17M	54.44M	-60.8M	-3.13M
Debt Issued (Net)	0	1.32M	2.8M	2.04M	-868.7K	5.21M	4.91M	56.24M	-65.78M	-10.26M
Equity Issued (Net)	0	0	1000K	0	1000K	1000K	0	-285K	0	1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	-285K	0	0
Other Financing	4.58M	110K	3.4M	1.6M	1.35M	5.82M	57.27M	-1.51M	4.98M	-393K
Net Change in Cash	886.52K	-2.3M	4.61M	-4.41M	-2.78M	100.15M	-90.4M	-2.63M	-3.34M	4.29M
Free Cash Flow+	-3.58M	-3.73M	-7.29M	-8.05M	-6.28M	-8.16M	-25.13M	-26.54M	-16.16M	-3.61M
FCF Margin %	-394.23%	-430.02%	-136.7%	-810.41%	-106.27%	-328.47%	-319.18%	-42.6%	-36.67%	-11.06%
FCF Growth %	-43.98%	-4.14%	-95.67%	-10.38%	22.02%	-29.91%	-208.1%	-5.6%	39.09%	77.69%
FCF per Share	-14.31	-9.52	-11.99	-9.19	-5.27	-0.57	-0.84	-0.85	-0.48	-0.09
FCF Conversion (FCF/Net Income)	0.47x	0.60x	1.46x	0.89x	0.54x	0.02x	0.19x	0.57x	0.21x	0.17x
Interest Paid	2.58K	2.67K	3.23K	271.24K	516.96K	470K	19K	252K	1.82M	129K
Taxes Paid	0	0	0	0	0	0	0	19K	64K	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-52.2%	-51.4%	-39.12%	-64.59%	-104.72%	-626.22%	-95.73%	-35.41%	-92.82%	-46.23%
Return on Invested Capital (ROIC)	-27.66%	-54.34%	-36.19%	-36.1%	-29.96%	-65.71%	-54.77%	-18.74%	-39.3%	-20.6%
Gross Margin	77.93%	51.33%	17.85%	-63.57%	22.67%	14.46%	-179.27%	20.77%	8.36%	29.02%
Net Margin	-800.34%	-716.73%	-92%	-906.32%	-194.34%	-16176.8%	-1604.1%	-73.19%	-174.9%	-63.63%
Debt / Equity	0.03x	0.13x	0.29x	0.31x	1.06x	0.03x	0.07x	0.82x	0.54x	0.46x
Interest Coverage	-129.38x	-578.36x	-1522.71x	-6.15x	-8.06x	-15.15x	-3187.65x	-17.88x	-21.83x	-19.63x
FCF Conversion	0.47x	0.60x	1.46x	0.89x	0.54x	0.02x	0.19x	0.57x	0.21x	0.17x
Revenue Growth	-1.92%	-4.53%	515.51%	-81.38%	494.68%	-57.97%	217.08%	691.3%	-29.24%	-26.07%

Kartoon Studios Inc. (TOON) 10-Year Financial Performance & Capital Metrics

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Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

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Profit & Loss

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Deep Dive Analysis

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Dividend History

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Revenue History

Financial Ratios

Kartoon Studios Inc. (TOON) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare TOON vs Peers

vs DIS

vs WBD

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios