CoverageForm 410-K10-Q8-K13D13G13F

TOON · Kartoon Studios, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TOON

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$39.35M$32.59M$44.09M$7.87M$7.87M$2.48M
Cost of Revenue------
Gross Profit------
R&D------
SG&A$23.99M$25.21M$35.32M$45.85M$35.97M$17.42M
Total Operating Expenses$52.27M$49.59M$116.45M$106.02M$71.63M$20.36M
D&A$2.58M$2.41M$2.55M$599.0K$94.0K$379.4K
Operating Income($12.92M)($17.00M)($72.37M)($43.72M)($63.75M)($17.88M)
Interest Expense$656.0K$779.0K$3.13M$2.33M$1.18M$1.18M
Income Tax($135.0K)($43.0K)($973.0K)$105.0K$0$0
Net Income($24.53M)($20.74M)($77.10M)($45.59M)($126.37M)($401.67M)
EPS - Basic($0.49)($0.54)($2.29)($1.45)($28.20)-
EPS - Diluted($0.49)($0.54)($2.29)($4.24)--

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$2.94M$8.38M$4.09M$7.43M$2.06M$100.46M
Accounts Receivable$9.63M$11.98M$18.07M$15.56M$7.63M$1.73M
Inventory-----$0
Accounts Payable$12.12M$11.95M--$7.19M$785.5K
Current Assets$35.77M$34.66M$57.11M$139.53M$136.19M$108.57M
Total Assets$70.91M$85.47M$111.44M$237.92M$174.08M$134.20M
Current Liabilities$33.45M$33.44M$45.64M$110.91M$21.13M$7.18M
Long-term Debt------
Total Liabilities$43.37M$49.01M$58.17M$125.05M$29.43M$15.00M
Stockholders' Equity$26.21M$34.97M$51.57M$111.08M$142.73M$119.20M
Retained Earnings($763.82M)($739.28M)($718.55M)($641.44M)($595.85M)($469.56M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($11.41M)($3.49M)($16.09M)($23.65M)($23.74M)($7.84M)
Investing Cash Flow($1.63M)$10.01M$73.86M($30.94M)($127.46M)($1.40M)
Financing Cash Flow$8.15M($3.13M)($60.80M)$52.17M$60.82M$109.40M
CapEx$151.0K$117.0K$72.0K$592.0K$302.0K$75.9K
Free Cash Flow($11.56M)($3.61M)($16.16M)($24.25M)($24.05M)($7.92M)

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin-32.8%-52.1%-164.2%-555.3%-809.8%-720.4%
EBITDA margin-26.3%-44.8%-158.4%-547.7%-808.6%-705.2%
Net margin-62.3%-63.6%-174.9%-579.1%-1605.1%-16182.5%
Free cash flow margin-29.4%-11.1%-36.7%-308.0%-305.4%-319.1%
FCF / Net income0.470.170.210.530.190.02
R&D / Revenue------
SG&A / Revenue61.0%77.4%80.1%582.4%456.8%701.9%
Effective tax rate------
Return on assets-34.6%-24.3%-69.2%-19.2%-72.6%-299.3%
Return on equity-93.6%-59.3%-149.5%-41.0%-88.5%-337.0%
Return on invested capital------
Liquidity
Current ratio1.071.041.251.266.4415.12
Quick ratio1.071.041.251.266.4415.12
Cash ratio0.090.250.090.070.1013.99
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage-19.7x-21.8x-23.2x-18.8x-54.0x-15.2x
Equity multiplier2.712.442.162.141.221.13
Liabilities / Assets0.610.570.520.530.170.11
Efficiency
Asset turnover0.550.380.400.030.050.02
Inventory turnover------
Days sales outstanding89d134d150d721d354d255d
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B1.4x0.6x0.9x1.2x--
P / S0.9x0.7x1.1x17.6x--
EV / EBITDA------
Growth
Revenue growth (YoY)20.7%-26.1%460.0%0.0%217.2%-58.0%
Revenue CAGR (3y)71.0%60.6%160.9%10.0%99.4%-22.5%
Revenue CAGR (5y)73.8%40.7%113.5%8.1%55.5%22.3%
Gross profit growth (YoY)------
Operating income growth (YoY)24.0%76.5%-65.5%31.4%-256.5%-174.8%
Net income growth (YoY)-18.3%73.1%-69.1%63.9%68.5%-3398.5%
EPS growth (YoY)9.3%76.4%46.0%---
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)-220.5%77.7%33.3%-0.8%-203.6%-26.2%
FCF CAGR (5y)------
Book value growth (YoY)-25.1%-32.2%-53.6%-22.2%19.7%1211.8%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$78.71M total
Content Production And Distribution$35.20M · 44.7%
Content Production Distribution$35.20M · 44.7%
Media Advisory And Advertising$4.15M · 5.3%
Media Advisory And Advertising Services$4.15M · 5.3%

Product / service

$39.35M total
Production Services$26.83M · 68.2%
Content Distribution$7.98M · 20.3%
Media Advisory And Advertising Services$4.15M · 10.6%
License$387.0K · 1.0%

Geographic

$39.35M total
US$18.12M · 46.0%
CA$13.21M · 33.6%
GB$7.89M · 20.0%
Other Countries$138.0K · 0.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

-8.86
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Services-Motion Picture & Video Tape Production

CompanyRevenue (last FY)Net marginROE
STRZ$1.37B-15.4%-32.7%
CURI$71.66M-9.0%-15.5%
WWE$1.29B15.1%37.8%
FUBO---
GAIA$98.95M-4.5%-5.1%

Comparing Kartoon Studios against the 5 most active filers in the same SIC group.