Funko, Inc. (FNKO) 10-Year Financial Performance & Capital Metrics

FNKO • • Industrial / General

Consumer CyclicalLeisureToys & GamesCollectibles & Pop Culture

AboutFunko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides vinyl, blind-packed miniature, and action figures; fashion accessories, including bags, backpacks, and wallets; apparel, such as t-shirts and hats; board games, plush products, and accessories, such as keychains, pens, and pins; homewares, comprising drinkware, and other home accessories, non-fungible tokens, and others. It offers its products under the Funko, Pop!, Loungefly, Mystery Minis, Paka Paka, Vinyl Gold, Funko Soda, Funko Games, Funko action figures, Funko Plush, Funko Gold, and Popsies brand names; and licenses its properties under the classic evergreen, movie release, current TV, and current video game categories. The company sells its products to specialty retailers, mass-market retailers, e-commerce sites, and distributors; and at specialty licensing and comic book shows, conventions, and exhibitions, as well as through its e-commerce business. Funko, Inc. was incorporated in 2017 and is headquartered in Everett, Washington.Show more

Revenue $1.05B -4.2%
EBITDA $76M +271.5%
Net Income -$15M +90.4%
EPS (Diluted) -0.28 +91.2%
Gross Margin 41.39% +24.9%
EBITDA Margin 7.2% +279.1%
Operating Margin 1.24% +113.1%
Net Margin -1.4% +90.0%
ROE -6.21% +87.4%
ROIC 1.9% +115.6%
Debt/Equity 1.10 -27.6%
Interest Coverage 0.63 +117.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.8x book value
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y5.72%

3Y0.66%

TTM-11.32%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-186.4%

EPS CAGR

10Y-

5Y-

3Y-

TTM-163.26%

ROCE

10Y Avg5.32%

5Y Avg0.41%

3Y Avg-5.43%

Latest3.07%

Peer Comparison

Collectibles & Pop Culture

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TRONTron Inc.	447.24M	1.63	-4.41	-25.16%	269.57%	5.01%		0.09
FNKOFunko, Inc.	195.43M	3.57	-12.75	-4.22%	-7.39%	-37.4%	46.43%	1.10

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	274.06M	426.72M	516.08M	686.07M	795.12M	652.54M	1.03B	1.32B	1.1B	1.05B
Revenue Growth %	-	0.56%	0.21%	0.33%	0.16%	-0.18%	0.58%	0.29%	-0.17%	-0.04%
Cost of Goods Sold+	167.42M	280.4M	317.38M	430.75M	512.58M	403.39M	648.3M	888.68M	732.78M	615.32M
COGS % of Revenue	0.61%	0.66%	0.61%	0.63%	0.64%	0.62%	0.63%	0.67%	0.67%	0.59%
Gross Profit+	106.64M	146.32M	198.71M	255.33M	282.54M	249.15M	380.99M	434.02M	363.3M	434.53M
Gross Margin %	0.39%	0.34%	0.39%	0.37%	0.36%	0.38%	0.37%	0.33%	0.33%	0.41%
Gross Profit Growth %	-	0.37%	0.36%	0.28%	0.11%	-0.12%	0.53%	0.14%	-0.16%	0.2%
Operating Expenses+	89.68M	101.03M	150.93M	194.44M	235.93M	225.6M	285.53M	445.94M	467.13M	421.54M
OpEx % of Revenue	0.33%	0.24%	0.29%	0.28%	0.3%	0.35%	0.28%	0.34%	0.43%	0.4%
Selling, General & Admin	49.23M	77.53M	118.96M	155.32M	193.8M	181.23M	244.33M	398.27M	370.58M	356.87M
SG&A % of Revenue	0.18%	0.18%	0.23%	0.23%	0.24%	0.28%	0.24%	0.3%	0.34%	0.34%
Research & Development	1.1M	2.3M	4.7M	4.7M	5.2M	5.1M	0	10.2M	8M	0
R&D % of Revenue	0%	0.01%	0.01%	0.01%	0.01%	0.01%	-	0.01%	0.01%	-
Other Operating Expenses	0	23.51M	734K	-4.08M	36.93M	39.27M	41.2M	37.47M	88.55M	64.68M
Operating Income+	48.32M	44.15M	44.13M	60.86M	46.61M	23.54M	95.47M	-11.92M	-103.83M	12.99M
Operating Margin %	0.18%	0.1%	0.09%	0.09%	0.06%	0.04%	0.09%	-0.01%	-0.09%	0.01%
Operating Income Growth %	-	-0.09%	-0%	0.38%	-0.23%	-0.49%	3.05%	-1.12%	-7.71%	1.13%
EBITDA+	57.41M	67.66M	76.11M	99.98M	88.74M	67.91M	136.66M	35.75M	-44.06M	75.57M
EBITDA Margin %	0.21%	0.16%	0.15%	0.15%	0.11%	0.1%	0.13%	0.03%	-0.04%	0.07%
EBITDA Growth %	-	0.18%	0.12%	0.31%	-0.11%	-0.23%	1.01%	-0.74%	-2.23%	2.72%
D&A (Non-Cash Add-back)	9.09M	23.51M	31.98M	39.12M	42.13M	44.37M	41.2M	47.67M	59.76M	62.58M
EBIT	48.32M	68.78M	37.89M	60.86M	46.61M	23.54M	92.08M	-11.92M	-67.04M	10.07M
Net Interest Income+	0	-17.27M	-30.64M	-21.74M	-14.34M	-10.71M	-7.17M	-10.33M	-27.97M	-20.57M
Interest Income	5.02M	0	0	0	0	0	0	0	0	0
Interest Expense	0	17.27M	30.64M	21.74M	14.34M	10.71M	7.17M	10.33M	27.97M	20.57M
Other Income/Expense	-5.02M	-17.27M	-35.01M	-30.37M	-14.32M	-11.76M	-10.55M	-11.12M	71.89M	-23.5M
Pretax Income+	11.94M	26.88M	9.13M	30.49M	32.3M	11.79M	84.92M	-23.04M	-31.94M	-10.51M
Pretax Margin %	0.04%	0.06%	0.02%	0.04%	0.04%	0.02%	0.08%	-0.02%	-0.03%	-0.01%
Income Tax+	0	0	1.8M	5.43M	4.48M	2.02M	17.06M	-17.8M	132.5M	4.56M
Effective Tax Rate %	1%	1%	0.48%	0.24%	0.36%	0.34%	0.52%	0.35%	4.82%	1.4%
Net Income+	11.94M	26.88M	4.42M	7.46M	11.72M	3.96M	43.9M	-8.04M	-154.08M	-14.72M
Net Margin %	0.04%	0.06%	0.01%	0.01%	0.01%	0.01%	0.04%	-0.01%	-0.14%	-0.01%
Net Income Growth %	-	1.25%	-0.84%	0.69%	0.57%	-0.66%	10.08%	-1.18%	-18.18%	0.9%
Net Income (Continuing)	11.94M	26.88M	5.99M	25.06M	27.82M	9.76M	67.85M	-5.24M	-164.44M	-15.07M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	151.05M	138.55M	79.73M	80.18M	74.92M	21.46M	6.1M	3.33M
EPS (Diluted)+	0.51	1.15	0.07	0.29	0.84	0.11	1.08	-0.18	-3.19	-0.28
EPS Growth %	-	1.25%	-0.94%	3.14%	1.9%	-0.87%	8.82%	-1.17%	-16.72%	0.91%
EPS (Basic)	0.51	1.15	0.07	0.29	0.90	0.11	1.14	-0.18	-3.19	-0.28
Diluted Shares Outstanding	23.34M	23.34M	25.38M	25.56M	32.93M	35.77M	40.61M	44.55M	48.33M	52.04M
Basic Shares Outstanding	23.34M	23.34M	23.34M	25.56M	30.9M	35.27M	38.39M	44.55M	48.33M	52.04M
Dividend Payout Ratio	1.02%	2.62%	16.46%	2.74%	2.04%	0.9%	0.21%	-	-	-

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+	134.35M	152.42M	236.63M	260.64M	259.2M	259.35M	452.6M	473.17M	342.88M	287.06M
Cash & Short-Term Investments	24.41M	6.16M	7.73M	13.49M	25.23M	52.26M	83.56M	19.2M	36.45M	34.66M
Cash Only	24.41M	6.16M	7.73M	13.49M	25.23M	52.26M	83.56M	19.2M	36.45M	34.66M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	47.94M	83.61M	115.48M	148.63M	151.56M	131.84M	187.69M	167.9M	130.83M	119.88M
Days Sales Outstanding	63.85	71.51	81.67	79.07	69.58	73.74	66.56	46.33	43.57	41.68
Inventory	49.63M	43.62M	84.34M	86.62M	62.12M	59.77M	166.43M	246.43M	119.46M	92.58M
Days Inventory Outstanding	108.2	56.78	96.99	73.4	44.24	54.08	93.7	101.21	59.5	54.92
Other Current Assets	0	10.47M	4.42M	4.3M	6.43M	7.85M	9.07M	24.16M	28.63M	31.99M
Total Non-Current Assets+	370.98M	369.81M	406.3M	405.7M	537.27M	504.24M	514.9M	617.97M	461.77M	420.19M
Property, Plant & Equipment	15.32M	25.47M	40.44M	44.3M	128.61M	114.22M	112.29M	173.3M	152.83M	131.2M
Fixed Asset Turnover	17.88x	16.75x	12.76x	15.49x	6.18x	5.71x	9.17x	7.63x	7.17x	8.00x
Goodwill	97.45M	97.45M	110.9M	116.08M	124.83M	125.06M	126.65M	131.38M	133.79M	133.65M
Intangible Assets	256.74M	243.8M	250.65M	233.65M	221.49M	205.54M	189.62M	181.28M	167.39M	151.55M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	1.46M	3.09M	4.26M	4.28M	4.78M	4.74M	11.93M	8.11M	7.75M	3.79M
Total Assets+	505.33M	522.24M	642.93M	666.34M	796.47M	763.59M	967.5M	1.09B	804.64M	707.25M
Asset Turnover	0.54x	0.82x	0.80x	1.03x	1.00x	0.85x	1.06x	1.21x	1.36x	1.48x
Asset Growth %	-	0.03%	0.23%	0.04%	0.2%	-0.04%	0.27%	0.13%	-0.26%	-0.12%
Total Current Liabilities+	78.84M	97.54M	140.69M	143.25M	157.57M	138.7M	285.01M	361.4M	358.83M	305.79M
Accounts Payable	9.49M	23.65M	53.43M	36.13M	42.53M	29.2M	57.24M	67.65M	52.92M	63.13M
Days Payables Outstanding	20.69	30.79	61.44	30.62	30.29	26.42	32.23	27.79	26.36	37.45
Short-Term Debt	5.63M	13.86M	18.73M	30.59M	39.51M	10.76M	17.39M	92.04M	142.57M	82.51M
Deferred Revenue (Current)	1000K	1000K	1000K	306K	0	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	44.38M	51.51M	22.77M	60.59M	26.54M	11.36M	13.77M	55.94M	115.62M	41.53M
Current Ratio	1.70x	1.56x	1.68x	1.82x	1.64x	1.87x	1.59x	1.31x	0.96x	0.94x
Quick Ratio	1.07x	1.12x	1.08x	1.21x	1.25x	1.44x	1.00x	0.63x	0.62x	0.64x
Cash Conversion Cycle	151.36	97.5	117.22	121.86	83.53	101.41	128.03	119.76	76.71	59.15
Total Non-Current Liabilities+	182.94M	207.32M	219.37M	229.84M	333.75M	302.45M	285.93M	340.06M	207.77M	165.11M
Long-Term Debt	164.22M	203.89M	215.17M	216.7M	202.82M	180.01M	155.82M	153.78M	130.99M	100.3M
Capital Lease Obligations	0	0	0	0	61.62M	57.51M	50.46M	82.36M	71.31M	60.39M
Deferred Tax Liabilities	0	0	725K	5K	341K	780K	648K	382K	402K	0
Other Non-Current Liabilities	18.72M	3.42M	3.61M	13.13M	68.97M	64.14M	79.01M	103.54M	5.08M	4.41M
Total Liabilities	261.77M	304.86M	360.05M	373.09M	491.32M	441.14M	570.95M	701.46M	566.61M	470.9M
Total Debt+	169.85M	217.75M	233.9M	247.3M	315.26M	262.12M	238.63M	347.08M	362.35M	260.31M
Net Debt	145.44M	211.59M	226.17M	233.81M	290.03M	209.87M	155.07M	327.88M	325.9M	225.65M
Debt / Equity	0.70x	1.00x	0.83x	0.84x	1.03x	0.81x	0.60x	0.89x	1.52x	1.10x
Debt / EBITDA	2.96x	3.22x	3.07x	2.47x	3.55x	3.86x	1.75x	9.71x	-	3.44x
Net Debt / EBITDA	2.53x	3.13x	2.97x	2.34x	3.27x	3.09x	1.13x	9.17x	-	2.99x
Interest Coverage	-	2.56x	1.44x	2.80x	3.25x	2.20x	13.32x	-1.15x	-3.71x	0.63x
Total Equity+	243.56M	217.38M	282.88M	293.25M	305.14M	322.44M	396.56M	389.69M	238.04M	236.35M
Equity Growth %	-	-0.11%	0.3%	0.04%	0.04%	0.06%	0.23%	-0.02%	-0.39%	-0.01%
Book Value per Share	10.44	9.31	11.14	11.47	9.27	9.01	9.76	8.75	4.93	4.54
Total Shareholders' Equity	243.56M	217.38M	131.83M	154.71M	225.41M	242.27M	321.64M	368.22M	231.94M	233.02M
Common Stock	204.31M	219.31M	4K	4K	4K	5K	5K	5K	5K	5K
Retained Earnings	-7.04M	-60.02M	1.04M	8.72M	20.44M	24.4M	68.05M	60.02M	-94.06M	-108.78M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	802K	-167K	791K	1.72M	1.08M	-2.6M	-180K	-1.68M
Minority Interest	0	0	151.05M	138.55M	79.73M	80.18M	74.92M	21.46M	6.1M	3.33M

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+	22.65M	49.47M	23.84M	49.99M	90.77M	108.74M	87.36M	-40.13M	30.93M	123.52M
Operating CF Margin %	0.08%	0.12%	0.05%	0.07%	0.11%	0.17%	0.08%	-0.03%	0.03%	0.12%
Operating CF Growth %	-	1.18%	-0.52%	1.1%	0.82%	0.2%	-0.2%	-1.46%	1.77%	2.99%
Net Income	11.94M	26.88M	5.6M	25.06M	27.82M	9.76M	67.85M	-5.24M	-164.44M	-15.07M
Depreciation & Amortization	9.09M	23.51M	31.98M	39.12M	44.52M	46.74M	40.06M	47.92M	57.39M	62.58M
Stock-Based Compensation	14.41M	2.37M	5.57M	9.14M	13.04M	10.12M	12.99M	16.59M	10.53M	13.6M
Deferred Taxes	0	0	-718K	-964K	-2.29M	3.32M	-361K	-17.41M	123.12M	-57K
Other Non-Cash Items	17.52M	6.9M	9.55M	10.96M	1.84M	3.3M	3.2M	6.15M	-94.36M	3.72M
Working Capital Changes	-30.32M	-10.19M	-28.15M	-33.32M	5.83M	35.49M	-36.38M	-88.14M	98.69M	58.74M
Change in Receivables	-30.02M	-33.62M	-28.47M	-36.14M	-3.97M	20.08M	-56.65M	19.07M	40.51M	9.62M
Change in Inventory	-7.74M	6.01M	-16.7M	-8.89M	25.37M	2.85M	-107.17M	-82.21M	122.48M	26.22M
Change in Payables	0	14.65M	19M	-16.38M	4.63M	-13.3M	26.93M	11.04M	-17.97M	9.28M
Cash from Investing+	-254.46M	-22.11M	-65.22M	-27.5M	-48.63M	-18.48M	-27.38M	-78.06M	-39.8M	-25.23M
Capital Expenditures	-11.89M	-21.2M	-33.56M	-26.87M	-42.26M	-18.48M	-27.76M	-59.15M	-35.13M	-32.79M
CapEx % of Revenue	0.04%	0.05%	0.07%	0.04%	0.05%	0.03%	0.03%	0.04%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	-31.65M	-635K	0	0	179K	562K	699K	7.56M
Cash from Financing+	255.85M	-45.61M	43.01M	-15.05M	-28.34M	-63.34M	-28.63M	54.64M	25.6M	-99.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-12.17M	-70.43M	-72.78M	-20.44M	-23.92M	-3.58M	-9.28M	-10.71M	-1.12M	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	118.81M	-21.94M	-12.96M	-2.48M	1.63M	-6.49M	-4.77M	-8.12M	-1.21M	-7.64M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	10.75M	28.27M	-9.72M	23.13M	48.5M	90.26M	59.6M	-99.28M	-4.2M	90.73M
FCF Margin %	0.04%	0.07%	-0.02%	0.03%	0.06%	0.14%	0.06%	-0.08%	-0%	0.09%
FCF Growth %	-	1.63%	-1.34%	3.38%	1.1%	0.86%	-0.34%	-2.67%	0.96%	22.62%
FCF per Share	0.46	1.21	-0.38	0.90	1.47	2.52	1.47	-2.23	-0.09	1.74
FCF Conversion (FCF/Net Income)	1.90x	1.84x	5.39x	6.70x	7.74x	27.45x	1.99x	4.99x	-0.20x	-8.39x
Interest Paid	0	0	0	19.4M	12.31M	9.09M	5.68M	8.86M	24.64M	20.95M
Taxes Paid	0	0	0	2.31M	14.13M	4.17M	1.46M	22.36M	1.06M	3.9M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.9%	11.66%	1.77%	2.59%	3.92%	1.26%	12.21%	-2.04%	-49.09%	-6.21%
Return on Invested Capital (ROIC)	-	8.1%	7.06%	8.81%	6.23%	3.13%	13.21%	-1.41%	-12.15%	1.9%
Gross Margin	38.91%	34.29%	38.5%	37.22%	35.53%	38.18%	37.01%	32.81%	33.15%	41.39%
Net Margin	4.36%	6.3%	0.86%	1.09%	1.47%	0.61%	4.27%	-0.61%	-14.06%	-1.4%
Debt / Equity	0.70x	1.00x	0.83x	0.84x	1.03x	0.81x	0.60x	0.89x	1.52x	1.10x
Interest Coverage	-	2.56x	1.44x	2.80x	3.25x	2.20x	13.32x	-1.15x	-3.71x	0.63x
FCF Conversion	1.90x	1.84x	5.39x	6.70x	7.74x	27.45x	1.99x	4.99x	-0.20x	-8.39x
Revenue Growth	-	55.7%	20.94%	32.94%	15.89%	-17.93%	57.74%	28.51%	-17.13%	-4.22%

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	376.09M	466.04M	523.9M	488.82M	743.85M	966.75M	755.62M	681.99M
UNITED STATES Growth	-	23.92%	12.41%	-6.69%	52.17%	29.97%	-21.84%	-9.74%
Europe	-	-	-	112M	214.73M	262.6M	268.5M	283.79M
Europe Growth	-	-	-	-	91.73%	22.29%	2.24%	5.70%
Non-US	-	-	271.23M	51.72M	70.72M	93.36M	71.97M	84.07M
Non-US Growth	-	-	-	-80.93%	36.73%	32.02%	-22.91%	16.82%
Non Us	140M	220.03M	-	-	-	-	-	-
Non Us Growth	-	57.17%	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Funko, Inc. (FNKO) reported $928.8M in revenue for fiscal year 2024. This represents a 239% increase from $274.1M in 2015.

Funko, Inc. (FNKO) saw revenue decline by 4.2% over the past year.

Funko, Inc. (FNKO) reported a net loss of $68.7M for fiscal year 2024.

Dividend & Returns

Funko, Inc. (FNKO) has a return on equity (ROE) of -6.2%. Negative ROE indicates the company is unprofitable.

Funko, Inc. (FNKO) had negative free cash flow of $9.5M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Funko, Inc. (FNKO) 10-Year Financial Performance & Capital Metrics

FNKO • • Industrial / General

Consumer CyclicalLeisureToys & GamesCollectibles & Pop Culture

Revenue $1.05B -4.2%
EBITDA $76M +271.5%
Net Income -$15M +90.4%
EPS (Diluted) -0.28 +91.2%
Gross Margin 41.39% +24.9%
EBITDA Margin 7.2% +279.1%
Operating Margin 1.24% +113.1%
Net Margin -1.4% +90.0%
ROE -6.21% +87.4%
ROIC 1.9% +115.6%
Debt/Equity 1.10 -27.6%
Interest Coverage 0.63 +117.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.8x book value
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y5.72%

3Y0.66%

TTM-11.32%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-186.4%

EPS CAGR

10Y-

5Y-

3Y-

TTM-163.26%

ROCE

10Y Avg5.32%

5Y Avg0.41%

3Y Avg-5.43%

Latest3.07%

Peer Comparison

Collectibles & Pop Culture

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TRONTron Inc.	447.24M	1.63	-4.41	-25.16%	269.57%	5.01%		0.09
FNKOFunko, Inc.	195.43M	3.57	-12.75	-4.22%	-7.39%	-37.4%	46.43%	1.10

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	274.06M	426.72M	516.08M	686.07M	795.12M	652.54M	1.03B	1.32B	1.1B	1.05B
Revenue Growth %	-	0.56%	0.21%	0.33%	0.16%	-0.18%	0.58%	0.29%	-0.17%	-0.04%
Cost of Goods Sold+	167.42M	280.4M	317.38M	430.75M	512.58M	403.39M	648.3M	888.68M	732.78M	615.32M
COGS % of Revenue	0.61%	0.66%	0.61%	0.63%	0.64%	0.62%	0.63%	0.67%	0.67%	0.59%
Gross Profit+	106.64M	146.32M	198.71M	255.33M	282.54M	249.15M	380.99M	434.02M	363.3M	434.53M
Gross Margin %	0.39%	0.34%	0.39%	0.37%	0.36%	0.38%	0.37%	0.33%	0.33%	0.41%
Gross Profit Growth %	-	0.37%	0.36%	0.28%	0.11%	-0.12%	0.53%	0.14%	-0.16%	0.2%
Operating Expenses+	89.68M	101.03M	150.93M	194.44M	235.93M	225.6M	285.53M	445.94M	467.13M	421.54M
OpEx % of Revenue	0.33%	0.24%	0.29%	0.28%	0.3%	0.35%	0.28%	0.34%	0.43%	0.4%
Selling, General & Admin	49.23M	77.53M	118.96M	155.32M	193.8M	181.23M	244.33M	398.27M	370.58M	356.87M
SG&A % of Revenue	0.18%	0.18%	0.23%	0.23%	0.24%	0.28%	0.24%	0.3%	0.34%	0.34%
Research & Development	1.1M	2.3M	4.7M	4.7M	5.2M	5.1M	0	10.2M	8M	0
R&D % of Revenue	0%	0.01%	0.01%	0.01%	0.01%	0.01%	-	0.01%	0.01%	-
Other Operating Expenses	0	23.51M	734K	-4.08M	36.93M	39.27M	41.2M	37.47M	88.55M	64.68M
Operating Income+	48.32M	44.15M	44.13M	60.86M	46.61M	23.54M	95.47M	-11.92M	-103.83M	12.99M
Operating Margin %	0.18%	0.1%	0.09%	0.09%	0.06%	0.04%	0.09%	-0.01%	-0.09%	0.01%
Operating Income Growth %	-	-0.09%	-0%	0.38%	-0.23%	-0.49%	3.05%	-1.12%	-7.71%	1.13%
EBITDA+	57.41M	67.66M	76.11M	99.98M	88.74M	67.91M	136.66M	35.75M	-44.06M	75.57M
EBITDA Margin %	0.21%	0.16%	0.15%	0.15%	0.11%	0.1%	0.13%	0.03%	-0.04%	0.07%
EBITDA Growth %	-	0.18%	0.12%	0.31%	-0.11%	-0.23%	1.01%	-0.74%	-2.23%	2.72%
D&A (Non-Cash Add-back)	9.09M	23.51M	31.98M	39.12M	42.13M	44.37M	41.2M	47.67M	59.76M	62.58M
EBIT	48.32M	68.78M	37.89M	60.86M	46.61M	23.54M	92.08M	-11.92M	-67.04M	10.07M
Net Interest Income+	0	-17.27M	-30.64M	-21.74M	-14.34M	-10.71M	-7.17M	-10.33M	-27.97M	-20.57M
Interest Income	5.02M	0	0	0	0	0	0	0	0	0
Interest Expense	0	17.27M	30.64M	21.74M	14.34M	10.71M	7.17M	10.33M	27.97M	20.57M
Other Income/Expense	-5.02M	-17.27M	-35.01M	-30.37M	-14.32M	-11.76M	-10.55M	-11.12M	71.89M	-23.5M
Pretax Income+	11.94M	26.88M	9.13M	30.49M	32.3M	11.79M	84.92M	-23.04M	-31.94M	-10.51M
Pretax Margin %	0.04%	0.06%	0.02%	0.04%	0.04%	0.02%	0.08%	-0.02%	-0.03%	-0.01%
Income Tax+	0	0	1.8M	5.43M	4.48M	2.02M	17.06M	-17.8M	132.5M	4.56M
Effective Tax Rate %	1%	1%	0.48%	0.24%	0.36%	0.34%	0.52%	0.35%	4.82%	1.4%
Net Income+	11.94M	26.88M	4.42M	7.46M	11.72M	3.96M	43.9M	-8.04M	-154.08M	-14.72M
Net Margin %	0.04%	0.06%	0.01%	0.01%	0.01%	0.01%	0.04%	-0.01%	-0.14%	-0.01%
Net Income Growth %	-	1.25%	-0.84%	0.69%	0.57%	-0.66%	10.08%	-1.18%	-18.18%	0.9%
Net Income (Continuing)	11.94M	26.88M	5.99M	25.06M	27.82M	9.76M	67.85M	-5.24M	-164.44M	-15.07M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	151.05M	138.55M	79.73M	80.18M	74.92M	21.46M	6.1M	3.33M
EPS (Diluted)+	0.51	1.15	0.07	0.29	0.84	0.11	1.08	-0.18	-3.19	-0.28
EPS Growth %	-	1.25%	-0.94%	3.14%	1.9%	-0.87%	8.82%	-1.17%	-16.72%	0.91%
EPS (Basic)	0.51	1.15	0.07	0.29	0.90	0.11	1.14	-0.18	-3.19	-0.28
Diluted Shares Outstanding	23.34M	23.34M	25.38M	25.56M	32.93M	35.77M	40.61M	44.55M	48.33M	52.04M
Basic Shares Outstanding	23.34M	23.34M	23.34M	25.56M	30.9M	35.27M	38.39M	44.55M	48.33M	52.04M
Dividend Payout Ratio	1.02%	2.62%	16.46%	2.74%	2.04%	0.9%	0.21%	-	-	-

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+	134.35M	152.42M	236.63M	260.64M	259.2M	259.35M	452.6M	473.17M	342.88M	287.06M
Cash & Short-Term Investments	24.41M	6.16M	7.73M	13.49M	25.23M	52.26M	83.56M	19.2M	36.45M	34.66M
Cash Only	24.41M	6.16M	7.73M	13.49M	25.23M	52.26M	83.56M	19.2M	36.45M	34.66M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	47.94M	83.61M	115.48M	148.63M	151.56M	131.84M	187.69M	167.9M	130.83M	119.88M
Days Sales Outstanding	63.85	71.51	81.67	79.07	69.58	73.74	66.56	46.33	43.57	41.68
Inventory	49.63M	43.62M	84.34M	86.62M	62.12M	59.77M	166.43M	246.43M	119.46M	92.58M
Days Inventory Outstanding	108.2	56.78	96.99	73.4	44.24	54.08	93.7	101.21	59.5	54.92
Other Current Assets	0	10.47M	4.42M	4.3M	6.43M	7.85M	9.07M	24.16M	28.63M	31.99M
Total Non-Current Assets+	370.98M	369.81M	406.3M	405.7M	537.27M	504.24M	514.9M	617.97M	461.77M	420.19M
Property, Plant & Equipment	15.32M	25.47M	40.44M	44.3M	128.61M	114.22M	112.29M	173.3M	152.83M	131.2M
Fixed Asset Turnover	17.88x	16.75x	12.76x	15.49x	6.18x	5.71x	9.17x	7.63x	7.17x	8.00x
Goodwill	97.45M	97.45M	110.9M	116.08M	124.83M	125.06M	126.65M	131.38M	133.79M	133.65M
Intangible Assets	256.74M	243.8M	250.65M	233.65M	221.49M	205.54M	189.62M	181.28M	167.39M	151.55M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	1.46M	3.09M	4.26M	4.28M	4.78M	4.74M	11.93M	8.11M	7.75M	3.79M
Total Assets+	505.33M	522.24M	642.93M	666.34M	796.47M	763.59M	967.5M	1.09B	804.64M	707.25M
Asset Turnover	0.54x	0.82x	0.80x	1.03x	1.00x	0.85x	1.06x	1.21x	1.36x	1.48x
Asset Growth %	-	0.03%	0.23%	0.04%	0.2%	-0.04%	0.27%	0.13%	-0.26%	-0.12%
Total Current Liabilities+	78.84M	97.54M	140.69M	143.25M	157.57M	138.7M	285.01M	361.4M	358.83M	305.79M
Accounts Payable	9.49M	23.65M	53.43M	36.13M	42.53M	29.2M	57.24M	67.65M	52.92M	63.13M
Days Payables Outstanding	20.69	30.79	61.44	30.62	30.29	26.42	32.23	27.79	26.36	37.45
Short-Term Debt	5.63M	13.86M	18.73M	30.59M	39.51M	10.76M	17.39M	92.04M	142.57M	82.51M
Deferred Revenue (Current)	1000K	1000K	1000K	306K	0	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	44.38M	51.51M	22.77M	60.59M	26.54M	11.36M	13.77M	55.94M	115.62M	41.53M
Current Ratio	1.70x	1.56x	1.68x	1.82x	1.64x	1.87x	1.59x	1.31x	0.96x	0.94x
Quick Ratio	1.07x	1.12x	1.08x	1.21x	1.25x	1.44x	1.00x	0.63x	0.62x	0.64x
Cash Conversion Cycle	151.36	97.5	117.22	121.86	83.53	101.41	128.03	119.76	76.71	59.15
Total Non-Current Liabilities+	182.94M	207.32M	219.37M	229.84M	333.75M	302.45M	285.93M	340.06M	207.77M	165.11M
Long-Term Debt	164.22M	203.89M	215.17M	216.7M	202.82M	180.01M	155.82M	153.78M	130.99M	100.3M
Capital Lease Obligations	0	0	0	0	61.62M	57.51M	50.46M	82.36M	71.31M	60.39M
Deferred Tax Liabilities	0	0	725K	5K	341K	780K	648K	382K	402K	0
Other Non-Current Liabilities	18.72M	3.42M	3.61M	13.13M	68.97M	64.14M	79.01M	103.54M	5.08M	4.41M
Total Liabilities	261.77M	304.86M	360.05M	373.09M	491.32M	441.14M	570.95M	701.46M	566.61M	470.9M
Total Debt+	169.85M	217.75M	233.9M	247.3M	315.26M	262.12M	238.63M	347.08M	362.35M	260.31M
Net Debt	145.44M	211.59M	226.17M	233.81M	290.03M	209.87M	155.07M	327.88M	325.9M	225.65M
Debt / Equity	0.70x	1.00x	0.83x	0.84x	1.03x	0.81x	0.60x	0.89x	1.52x	1.10x
Debt / EBITDA	2.96x	3.22x	3.07x	2.47x	3.55x	3.86x	1.75x	9.71x	-	3.44x
Net Debt / EBITDA	2.53x	3.13x	2.97x	2.34x	3.27x	3.09x	1.13x	9.17x	-	2.99x
Interest Coverage	-	2.56x	1.44x	2.80x	3.25x	2.20x	13.32x	-1.15x	-3.71x	0.63x
Total Equity+	243.56M	217.38M	282.88M	293.25M	305.14M	322.44M	396.56M	389.69M	238.04M	236.35M
Equity Growth %	-	-0.11%	0.3%	0.04%	0.04%	0.06%	0.23%	-0.02%	-0.39%	-0.01%
Book Value per Share	10.44	9.31	11.14	11.47	9.27	9.01	9.76	8.75	4.93	4.54
Total Shareholders' Equity	243.56M	217.38M	131.83M	154.71M	225.41M	242.27M	321.64M	368.22M	231.94M	233.02M
Common Stock	204.31M	219.31M	4K	4K	4K	5K	5K	5K	5K	5K
Retained Earnings	-7.04M	-60.02M	1.04M	8.72M	20.44M	24.4M	68.05M	60.02M	-94.06M	-108.78M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	802K	-167K	791K	1.72M	1.08M	-2.6M	-180K	-1.68M
Minority Interest	0	0	151.05M	138.55M	79.73M	80.18M	74.92M	21.46M	6.1M	3.33M

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+	22.65M	49.47M	23.84M	49.99M	90.77M	108.74M	87.36M	-40.13M	30.93M	123.52M
Operating CF Margin %	0.08%	0.12%	0.05%	0.07%	0.11%	0.17%	0.08%	-0.03%	0.03%	0.12%
Operating CF Growth %	-	1.18%	-0.52%	1.1%	0.82%	0.2%	-0.2%	-1.46%	1.77%	2.99%
Net Income	11.94M	26.88M	5.6M	25.06M	27.82M	9.76M	67.85M	-5.24M	-164.44M	-15.07M
Depreciation & Amortization	9.09M	23.51M	31.98M	39.12M	44.52M	46.74M	40.06M	47.92M	57.39M	62.58M
Stock-Based Compensation	14.41M	2.37M	5.57M	9.14M	13.04M	10.12M	12.99M	16.59M	10.53M	13.6M
Deferred Taxes	0	0	-718K	-964K	-2.29M	3.32M	-361K	-17.41M	123.12M	-57K
Other Non-Cash Items	17.52M	6.9M	9.55M	10.96M	1.84M	3.3M	3.2M	6.15M	-94.36M	3.72M
Working Capital Changes	-30.32M	-10.19M	-28.15M	-33.32M	5.83M	35.49M	-36.38M	-88.14M	98.69M	58.74M
Change in Receivables	-30.02M	-33.62M	-28.47M	-36.14M	-3.97M	20.08M	-56.65M	19.07M	40.51M	9.62M
Change in Inventory	-7.74M	6.01M	-16.7M	-8.89M	25.37M	2.85M	-107.17M	-82.21M	122.48M	26.22M
Change in Payables	0	14.65M	19M	-16.38M	4.63M	-13.3M	26.93M	11.04M	-17.97M	9.28M
Cash from Investing+	-254.46M	-22.11M	-65.22M	-27.5M	-48.63M	-18.48M	-27.38M	-78.06M	-39.8M	-25.23M
Capital Expenditures	-11.89M	-21.2M	-33.56M	-26.87M	-42.26M	-18.48M	-27.76M	-59.15M	-35.13M	-32.79M
CapEx % of Revenue	0.04%	0.05%	0.07%	0.04%	0.05%	0.03%	0.03%	0.04%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	-31.65M	-635K	0	0	179K	562K	699K	7.56M
Cash from Financing+	255.85M	-45.61M	43.01M	-15.05M	-28.34M	-63.34M	-28.63M	54.64M	25.6M	-99.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-12.17M	-70.43M	-72.78M	-20.44M	-23.92M	-3.58M	-9.28M	-10.71M	-1.12M	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	118.81M	-21.94M	-12.96M	-2.48M	1.63M	-6.49M	-4.77M	-8.12M	-1.21M	-7.64M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	10.75M	28.27M	-9.72M	23.13M	48.5M	90.26M	59.6M	-99.28M	-4.2M	90.73M
FCF Margin %	0.04%	0.07%	-0.02%	0.03%	0.06%	0.14%	0.06%	-0.08%	-0%	0.09%
FCF Growth %	-	1.63%	-1.34%	3.38%	1.1%	0.86%	-0.34%	-2.67%	0.96%	22.62%
FCF per Share	0.46	1.21	-0.38	0.90	1.47	2.52	1.47	-2.23	-0.09	1.74
FCF Conversion (FCF/Net Income)	1.90x	1.84x	5.39x	6.70x	7.74x	27.45x	1.99x	4.99x	-0.20x	-8.39x
Interest Paid	0	0	0	19.4M	12.31M	9.09M	5.68M	8.86M	24.64M	20.95M
Taxes Paid	0	0	0	2.31M	14.13M	4.17M	1.46M	22.36M	1.06M	3.9M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	4.9%	11.66%	1.77%	2.59%	3.92%	1.26%	12.21%	-2.04%	-49.09%	-6.21%
Return on Invested Capital (ROIC)	-	8.1%	7.06%	8.81%	6.23%	3.13%	13.21%	-1.41%	-12.15%	1.9%
Gross Margin	38.91%	34.29%	38.5%	37.22%	35.53%	38.18%	37.01%	32.81%	33.15%	41.39%
Net Margin	4.36%	6.3%	0.86%	1.09%	1.47%	0.61%	4.27%	-0.61%	-14.06%	-1.4%
Debt / Equity	0.70x	1.00x	0.83x	0.84x	1.03x	0.81x	0.60x	0.89x	1.52x	1.10x
Interest Coverage	-	2.56x	1.44x	2.80x	3.25x	2.20x	13.32x	-1.15x	-3.71x	0.63x
FCF Conversion	1.90x	1.84x	5.39x	6.70x	7.74x	27.45x	1.99x	4.99x	-0.20x	-8.39x
Revenue Growth	-	55.7%	20.94%	32.94%	15.89%	-17.93%	57.74%	28.51%	-17.13%	-4.22%

Revenue by Geography

	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	376.09M	466.04M	523.9M	488.82M	743.85M	966.75M	755.62M	681.99M
UNITED STATES Growth	-	23.92%	12.41%	-6.69%	52.17%	29.97%	-21.84%	-9.74%
Europe	-	-	-	112M	214.73M	262.6M	268.5M	283.79M
Europe Growth	-	-	-	-	91.73%	22.29%	2.24%	5.70%
Non-US	-	-	271.23M	51.72M	70.72M	93.36M	71.97M	84.07M
Non-US Growth	-	-	-	-80.93%	36.73%	32.02%	-22.91%	16.82%
Non Us	140M	220.03M	-	-	-	-	-	-
Non Us Growth	-	57.17%	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Funko, Inc. (FNKO) reported $928.8M in revenue for fiscal year 2024. This represents a 239% increase from $274.1M in 2015.

Funko, Inc. (FNKO) saw revenue decline by 4.2% over the past year.

Funko, Inc. (FNKO) reported a net loss of $68.7M for fiscal year 2024.

Dividend & Returns

Funko, Inc. (FNKO) has a return on equity (ROE) of -6.2%. Negative ROE indicates the company is unprofitable.

Funko, Inc. (FNKO) had negative free cash flow of $9.5M in fiscal year 2024, likely due to heavy capital investments.