Funko

Funko, Inc. engages in designing, sourcing and distribution of licensed pop culture products. Its product lines include media and entertainment content, which comprises movies, TV shows, video games, music and sports. The company was founded in 1998 and is headquartered in Everett, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Funko reports Q4 2022 earnings, anticipates positive EBITDA in 2023

Funko faced challenges in Q4 2022 but is optimistic about 2023.
Efficiency improvements and operational reset are key focus areas.
Anticipated positive adjusted EBITDA in the second half of 2023.
Initiatives in place to drive long-term shareholder value and growth.

Funko exceeds Q1 expectations, faces retail challenges, eyes D2C growth

Funko's Q1 2023 performance exceeded expectations, driven by strong D2C channel growth and operational improvements. Despite retail inventory challenges impacting sales outlook, strategic partnerships and successful product launches offer growth opportunities. The company remains focused on revenue optimization and operational efficiency.

Funko faces Q2 challenges, reshapes for growth under new CEO

Funko's Q2 performance was impacted by inventory destocking, leading to an adjusted EBITDA loss, prompting a lowered full-year guidance.
The company is focusing on simplifying its business, reducing costs, and reshaping for growth and profitability under new leadership.
Despite challenges, Funko aims to improve financial performance in the third quarter through operational improvements and a focus on profitable growth.

Funko surpasses Q3 expectations, eyes growth and brand strength

Funko's Q3 2023 earnings call revealed strong financial performance, particularly in D2C sales and product lines. The company is navigating a CEO search while maintaining a positive trajectory with improved metrics and liquidity expectations for Q4. Future plans emphasize brand strength and growth opportunities for 2024.

Funko reports robust Q4 earnings, anticipates higher EBITDA in 2024

Funko's Q4 2023 earnings call highlighted strong financial performance, operational improvements, and successful product launches. While facing challenges in maintaining sales growth and CFO transition, the company is poised for growth through strategic focus and leadership stability. Opportunities in expanding D2C business and key product sales offer avenues for future success.

Funko appoints new CEO, reports solid Q1 earnings growth

Funko's Q1 2024 showcased strong financial performance amidst challenges, with a focus on reducing debt and inventory levels. The company's product innovations and collaborations continue to drive success, while new CEO Cynthia Williams brings expertise and envisions growth in diverse markets.

Funko reports solid Q3 earnings, eyes global expansion amid challenges

Funko's Q3 performance remained strong with notable net sales and adjusted EBITDA figures, though Q4 outlook indicates potential challenges in sales and profitability.
The company's strategic collaborations and management realignment position it well for future growth and market expansion.
Opportunities lie in the fan-centric strategic plan, product innovation, and global market penetration, despite the competitive landscape and margin pressures.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Funko, Inc. engages in designing, sourcing, and distributing licensed pop culture products. Its product lines include media and entertainment content, which refer to movies, TV shows, video games, music, and sports. It operates through the United States, Europe, and Other International geographic segments. The company was founded in 1998 and is headquartered in Everett, WA.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Funko, Inc. (“Funko” or the “Company”) (NASDAQ: FNKO) investors concerning the Company's possible violations of federal securities laws. On November 3, 2022, after the market closed, Funko released its third quarter 2022 financial results. The Company announced earnings per diluted share of $0.28 per share, more than 42% below street estimates of $0.49 per share. The Company also lowered its f.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Funko, Inc. (FNKO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Funko, Inc. (“Funko” or the “Company”) (NASDAQ: FNKO) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Funko investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Funko, Inc. (FNKO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Funko, Inc. (“Funko” or the “Company”) (NASDAQ: FNKO) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On November 3, 2022, after the market closed, Funko released its third quarter 2022 financial results. The Company announced earnings per diluted share of $0.28 per share, more than 4.

The Law Offices of Frank R. Cruz Announces Investigation of Funko, Inc. (FNKO) on Behalf of Investors

SAN DIEGO--(BUSINESS WIRE)---- $FNKO #FNKO--Funko, Inc. (FNKO) Misled Investors Regarding Implementation of its New Software and New Distribution Center.

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Funko, Inc. (FNKO)

NEW YORK , June 6, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Funko, Inc. (NASDAQ: FNKO) between May 6, 2022 and March 1, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.

FNKO INVESTOR NEWS: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Funko, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - FNKO

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Funko business and prospects, resulting in its stock trading at inflated prices.

FNKO INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Funko, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Funko, Inc. (NASDAQ: FNKO) between May 6, 2022 and March 1, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2023. SO WHAT: If you purchased Funko common stock during the Class Period you may b.

EQUITY ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Funko, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FNKO

LOS ANGELES--(BUSINESS WIRE)---- $FNKO #FNKO--The Schall Law Firm Encourages Investors in Funko, Inc. with Losses of $100,000 to Contact the Firm.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Funko, Inc. with Losses of $100,000 to Contact the Firm

SAN DIEGO , June 3, 2023 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Funko, Inc. (NASDAQ: FNKO) common stock on a U.S. open market between May 6, 2022 and March 1, 2023, inclusive (the "Class Period") have until August 1, 2023 to seek appointment as lead plaintiff of the Funko class action lawsuit. Captioned Studen v.

FNKO INVESTOR ALERT: Funko, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

FNKO INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Funko, Inc. Investors with Substantial Losses Have Opportunity to Lead the Funko Class Action Lawsuit

Duckhorn Portfolio

ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”), North America's premier luxury wine company, today announced Jennifer Fall Jung has been appointed Executive Vice President, Chief Financial Officer, effective June 19, 2023. Fall Jung brings more than 25 years of corporate finance and investor-focused experience to The Duckhorn Portfolio, having most recently served as Chief Financial Officer of Funko, Inc. (NYSE: FNKO) and previously having held nu.

The Duckhorn Portfolio Names Jennifer Fall Jung Chief Financial Officer

The past several months have been really tough for Funko and its investors. Shares plunged due to poor financial results. But we have started to see a recovery and shares look attractively priced at this time.

Funko: A Lesson In Dollar Cost Averaging

Funko lost less money and sold more stuff than expected in Q1. For 2023, Funko forecast EBITDA profits as much as twice what it earned in 2022.

Why Funko Stock Popped 22% Today

Funko-A (FNKO) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.92. This compares to earnings of $0.34 per share a year ago.

Funko-A (FNKO) Reports Q1 Loss, Tops Revenue Estimates

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. ("Funko,” or the “Company”) (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the first quarter ended March 31, 2023. “We are off to a strong start in 2023, with progress on our cost-savings initiatives and continued innovation in our product lineup. Enthusiasm for the brand remains strong, highlighted by our 61% sales increase in our direct-to-consumer channel, the success of our recent prod.

Funko Reports First Quarter 2023 Financial Results and Updated Outlook for Fiscal Year 2023

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO) (“Funko” or “the Company”), a leading pop culture lifestyle brand, today announced that it will hold a conference call on Thursday, May 4, 2023, at 4:30 p.m. ET to discuss its financial results for the first quarter ended March 31, 2023. The conference call will be webcast and can be accessed on the investor relations section of the Funko website at https://investor.funko.com.

Funko Sets First Quarter 2023 Earnings Conference Call for Thursday, May 4, 2023, at 4:30 p.m. ET

Funko plans to purge up to $36 million of its excess inventory as the collectibles giant struggles to cover storage costs. FNKO shares edged down Monday.

Funko To Purge $36 Million Of Excess Collectibles Inventory

The move comes after Funko Pop inventory ballooned nearly 50% in the last year, with unsold toys cluttering warehouses and distribution centers.

$30 million worth of Funko Pop figurines are headed to the dump, as the company looks to purge excess inventory

Funko (NASDAQ: FNKO ) stock is taking a beating on Thursday following the release of its earnings report for the fourth quarter of 2022. The bad news for FNKO stock starts with its adjusted earnings per share of -35 cents.

Why Is Funko (FNKO) Stock Down 28% Today?

Funko, Inc. (NASDAQ:FNKO ) Q4 2022 Earnings Conference Call March 1, 2023 4:30 PM ET Company Participants Ben Avenia-Tapper - Director of IR Brian Mariotti - CEO Steve Nave - CFO & COO Conference Call Participants Alexander Perry - Bank of America Merrill Lynch Linda Bolton-Weiser - D.A. Davidson & Co Megan Alexander - JPMorgan Gerrick Johnson - BMO Stephen Laszczyk - Goldman Sachs Andrew Uerkwitz - Jefferies Operator Good afternoon, and welcome to Funko's conference call to discuss financial results for the fourth quarter of 2022.

Funko, Inc. (FNKO) Q4 2022 Earnings Call Transcript

Funko-A (FNKO) delivered earnings and revenue surprises of -218.18% and 5.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Funko-A (FNKO) Reports Q4 Loss, Tops Revenue Estimates

Shares of Funko Inc. nosedived in after-hours trading on Wednesday, after the collectible toy maker issued a financial outlook that was far worse than expected and said efforts to improve performance might not take hold for months.

Funko stock sinks more than 25% after dismal outlook in a toy industry that isn't much fun right now

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (“Funko” or “the Company”) (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that Steve Nave has been appointed Chief Financial Officer and Chief Operating Officer, effective immediately. Nave was engaged as a consultant to the Company in December 2022 and has worked alongside Brian Mariotti, Chief Executive Officer, since that time to drive enhanced strategic and operational execution.

Funko Appoints Steve Nave as Chief Financial Officer and Chief Operating Officer

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. ("Funko,” or the “Company”) (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the fourth quarter and fiscal year ended December 31, 2022. The Company also introduced financial guidance for the first quarter and fiscal year 2023. "During the fourth quarter and in early 2023, we have made progress in addressing operational issues that impacted our results in the second half of 2022.

Funko Reports Fourth Quarter 2022 and Fiscal Year 2022 Financial Results and Introduces Outlook for Fiscal Year 2023

Analysts will be watching Funko margins, inventory progress as its earnings funk is expected to continue with Q4 results late Wednesday. The post Funko Earnings Funk Expected To Continue; Margins, Inventories In Focus appeared first on Investor's Business Daily.

News for Funko Stock (FNKO)