Kartoon Studios reported a 23% increase in Q2 revenue year-over-year, with streaming viewership soaring and cost reductions leading to profitability by 2025. G&A expenses fell 10.1% year-over-year, showcasing cost control efforts. The Kartoon Channel remains the top kids’ streaming app, with FAST views up 221% year-over-year. Mainframe Studios revenue increased by 44%.
Kartoon Channel’s performance highlights include a 221% increase in FAST views year-over-year and a 45% growth in Tubi watch hours. SVOD subscriptions rose for the seventh consecutive month, with Kartoon Studios winning the Amazon Operational Excellence Award. The channel offers popular content like Super Mario Bros™ and Stan Lee’s Superhero Kindergarten.
Mainframe Studios experienced a 44% revenue surge year-over-year, with over 90% of projected revenue secured under contract. The studio works with top partners like Netflix, Disney, and Mattel, ensuring strong forward visibility. The current slate features titles like SuperKitties, Unicorn Academy, and Barbie.
Kartoon Studios is moving towards profitability by the end of 2025, with expanding production capabilities and new franchise launches scheduled. The studio holds a controlling interest in Stan Lee Universe and operates Mainframe Studios, focusing on delivering children’s content globally. The company’s financial results are available in its Form 10-Q filed with the SEC.
Read more at GlobeNewswire: Kartoon Studios Delivers Fifth Consecutive Quarter of
