Kartoon StudiosTOON
TOON
About: Kartoon Studios Inc is a media company developing, producing, marketing, and licensing branded animated entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, Stan Lee's Superhero Kindergarten, Shaq's Garage, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. Its channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, Android TV, Tubi, Xumo, and Amazon Fire.
Employees: 242
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
348% more call options, than puts
Call options by funds: $139K | Put options by funds: $31K
0.02% more ownership
Funds ownership: 7.27% [Q2] → 7.28% (+0.02%) [Q3]
5% less funds holding
Funds holding: 37 [Q2] → 35 (-2) [Q3]
15% less capital invested
Capital invested by funds: $2.95M [Q2] → $2.49M (-$456K) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for TOON.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Kartoon Studios Achieves Second Consecutive Quarter of Sequential Revenue Growth and 57% Year-Over-Year Reduction in Direct Operating Costs for Q3 2024
80% YEAR-OVER-YEAR REDUCTION IN LOSSES; COMPANY POISED FOR CONTINUED REVENUE GROWTH AND REACHING SUSTAINED PROFITABILITY IN 2025 WITH REBOUND IN ANIMATION PRODUCTION PIPELINE AND CONTINUING PROFIT IN CHILDREN'S CHANNEL SYSTEM
Neutral
GlobeNewsWire
2 months ago
Kartoon Studios' Largest Revenue Unit, Mainframe Studios, Surges on Strong Business Rebound
Mainframe currently has multiple series in production for industry giants that include Spin Master, Sony Kids, and Disney
Neutral
GlobeNewsWire
3 months ago
Kartoon Channel to Launch “Kidaverse Roblox Rumble” Competition Series This Fall
Series taps the popular Roblox game, which is played by over 30 million every day Third season to launch globally on Kartoon Channel in 60 territories, including North America, Asia, Europe, Africa, and The Middle East Winners receive prizes that include iPhones, iPads, custom Nike shoes, and a PlayStation 5 BEVERLY HILLS, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today announced it will launch a Roblox-based competition series for kids, which will premiere this Fall on the company's rapidly growing streaming service Kartoon Channel.
Neutral
GlobeNewsWire
4 months ago
Kartoon Studios Provides Business Update for the Second Quarter of 2024; Key Metrics Up
BEVERLY HILLS, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today provided a business update for the quarter ended June 30, 2024. The Company's Chairman & CEO, Andy Heyward, also provided a letter to shareholders, which is available HERE .
Neutral
GlobeNewsWire
5 months ago
Kartoon Channel Worldwide Continues Expansion of Global Footprint, Now Available in 57 Territories With Audience Reach of Approximately 1.6 Billion People
Link Net Launches Fully Dedicated 24/7 Kartoon Channel Across Indonesia, World's 4th Largest Territory, Reaching Potential Audience of Approximately 300 Million Link Net Launches Fully Dedicated 24/7 Kartoon Channel Across Indonesia, World's 4th Largest Territory, Reaching Potential Audience of Approximately 300 Million
Neutral
GlobeNewsWire
5 months ago
Kartoon Channel! Growth Surges
PROFITABILITY TREND IN Q2 2024 CONTINUES BUILDING ON GAINS FROM 2023 AND Q1 2024 Kartoon Channel!'s Paid Subscribers on Amazon Prime Video Grows by 120% Year-Over-Year from June 2023 – June 2024 Premier Entertainment Destination for Kids, Now Carried on 16 Platforms in US; Goal of Growing into a ‘Netflix for Kids' Becoming a Reality BEVERLY HILLS, Calif.
Neutral
GlobeNewsWire
7 months ago
Kartoon Studios Continues Execution of Growth Strategy With Profitability Targeted for Q2 2025; Provides Business Update for the First Quarter of 2024
Kartoon Channel!'s Streaming Business Achieved Profitability in the First Quarter of 2024 and Continues Growth; User Rankings in Apple App Store Now Beat Disney+; Operational Efficiencies Expected to Drive Company-Wide Profitability
Neutral
GlobeNewsWire
7 months ago
Kartoon Studios and GFM Animation Partner to Develop and Produce First Slate of Five Animated Feature Films From Stan Lee Universe
BEVERLY HILLS, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios , Inc. (NYSE AMERICAN:TOON), the controlling partner of Stan Lee Universe, LLC “SLU”, signs a transformative deal with the U.K.'s GFM Animation Limited “GFM,” (10 Lives, X Factor In The Jungle, The Day the Earth Blew Up: A Looney Tunes Movie) to develop, finance, and produce a dynamic slate of five animated feature films, marking a significant milestone in the development of projects from the extensive SLU catalogue featuring stories and characters created by legendary comic book creator Stan Lee.
Neutral
GlobeNewsWire
7 months ago
Kartoon Studios Inc. Completes First Tranche of Registered Direct Offering of Common Stock and Pre-Funded Warrants for up to $7.0 Million; Closes Initial Purchase of $4.0 Million of Common Stock and Pre-Funded Warrants
BEVERLY HILLS, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands, today announced the consummation of the initial closing of a registered direct offering (the “Offering”) to a certain institutional investor (the “Investor”) pursuant to a securities purchase agreement, dated April 18, 2024, of up to 7,000,000 shares of its common stock, par value $0.001 per share (the “Common Stock”), and/or pre-funded warrants to purchase shares of Common Stock (the “Pre-funded Warrants”), of which 3,900,000 shares and 100,000 Pre-Funded Warrants were issued and sold on April 23, 2024. An additional 3,000,000 shares and/or Pre-Funded Warrants may be issued and sold to the Investor at the sole option of the Investor, at $1.00 per share of Common Stock and $0.99 per Pre-funded Warrant, in up to three additional closings of at least $1,000,000 in gross proceeds each, and to occur no later than one hundred eighty (180) days following April 18, 2024. The Company received aggregate gross proceeds of $4,000,000 from the initial closing, prior to deducting placement agent fees and other offering expenses and may receive up to an additional $3 million in gross proceeds pursuant to the subsequent closings, prior to deducting placement agent fees and other offering expenses.
Neutral
GlobeNewsWire
8 months ago
Kartoon Studios Inc. Announces Pricing of up to $7 Million Registered Direct Offering of Common Stock
BEVERLY HILLS, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios Inc. (NYSE American: TOON) (“Kartoon Studios” or the “Company”), a global end-to-end creator, producer, distributor, marketer, and licensor of entertainment brands, today announced the pricing of a registered direct offering of up to 7,000,000 shares of its common stock and/or pre-funded warrants to purchase shares of common stock (the “Pre-funded Warrants”) (the “offering”) to certain institutional investors at $1.00 per share of common stock and $0.99 per Pre-funded Warrant, for aggregate gross proceeds of up to approximately $7,000,000, prior to deducting placement agent fees and other offering expenses, pursuant to a securities purchase agreement (the “SPA”).
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