Kartoon Studios reports Q2 revenue $10.3M, up 22.6% y/y

Andy Heyward, Chairman and CEO, stated, “Kartoon Studios (TOON)’ fifth consecutive quarter of revenue growth underscores the strength and scalability of our business model. Our operational discipline, expanding global footprint, and robust content pipeline are driving margin improvement and accelerating our path to sustained profitability. The impact of our gifted CFO, Brian Parisi, on implementing disciplined financial strategies to harness our assets cannot be overstated. We are executing on our strategy and delivering consistent, profitable improvements. These results underscore our growth trajectory, operational efficiency, and path toward profitability in 2025.”