Filing Flows › Kartoon Studios (TOON) › Q4 2024
Kartoon Studios (TOON) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Kartoon Studios (TOON) reported revenue of $9.4M for the fourth quarter 2024 (Q4 2024), +7% from a year earlier and +8% from the quarter before. Operating margin was -37.1%, net loss $5.8M (61.9% of revenue).
Kartoon Studios, Q4 2024: revenue $9.4M (+7% year over year), operating margin -37.1%, net loss $5.8M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.4M | +8% | +7% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$5.8M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $9.4M in Q4 2024, up 7% year over year and up 8% from the previous quarter. Production Services was the largest line at 54% of revenue.
Operating costs exceeded revenue by $3.5M, an operating margin of -37.1%. Total costs fell 66% while revenue rose 7%. The fastest-growing cost line was Sales & marketing (+12%). The quarter ended with a net loss of $5.8M, wider than the previous quarter's $2.1M loss. Minority interests bore $69K of it: to shareholders the quarter was a loss of $5.8M.
Operating cash flow was −$2.4M. Non-cash charges added back $617K of depreciation and amortization and $124K of share-based compensation. Working capital and other items added $2.7M. Capital expenditures of $47K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Kartoon Studios' revenue in the fourth quarter 2024?
Kartoon Studios (TOON) reported revenue of $9.4M for the fourth quarter 2024 (Q4 2024), +7% from a year earlier and +8% from the quarter before.
Was Kartoon Studios profitable in the fourth quarter 2024?
Operating loss was $3.5M (-37.1% of revenue) and net loss $5.8M.
Source: Kartoon Studios 10-K on SEC EDGAR.