Kartoon Studios reports strong Q1 2025 results with 56.4% increase in revenue

From GlobeNewswire: 2025-05-15 09:15:00

Kartoon Studios announced strong Q1 2025 results with a 56.4% increase in revenue year-over-year. Mainframe Studios and Kartoon Channel! both achieved profitability in the quarter, driven by revenue growth and cost control measures. The company is on track to achieve overall profitability by the end of the year. Total revenue was up 56.4% year-over-year with Production Services Revenue increasing by 137.9%. Operating Loss improved by 51.1% YoY and 11.9% sequentially, while G&A expenses were reduced by 24.9%. With 90%+ of its 2025 budget revenue under contract, Mainframe Studios is a profitable and stable revenue driver for Kartoon Studios. The studio is currently producing content for major franchises like Barbie, CoComelon, and Octonauts, with a production backlog extending into 2026. Mainframe’s success positions Kartoon Studios for financial visibility, operational stability, and scalability. The company’s Kids streaming service, Kartoon Channel!, has doubled its watch time, making it the #1 kids’ streaming app on the Apple App Store. With global distribution to over 61 countries and 1.5 billion viewers, Kartoon Channel! is set for significant growth in viewership and monetization. The upcoming IP projects, including Hundred Acre Woods’ Winnie & Friends’ and Stan Lee’s The Excelsiors, are expected to drive long-term success for Kartoon Studios. These projects have high merchandising potential and are backed by industry experts with a proven track record. Kartoon Studios reported revenue of $9.5 million for the quarter ended March 31, 2025, with current assets of $25.1 million and stockholders’ equity of $30.1 million. The company has no long-term debt and is focused on achieving profitability by the fourth quarter of 2025.



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