Third consecutive quarter of revenue growth; Total revenue increased by 8.2% compared to Q3 2024 and 7.0% compared to Q4 2023, driven by consistent growth across all divisions. “In 2024, Kartoon Studios (TOON) made significant progress across all core business segments and towards overall profitability in 2025 and beyond,” said Andy Heyward, CEO of Kartoon Studios. “Virtually all of our operating units have reached profitability, including tentpole children’s broadcaster, Kartoon Channel, tentpole family and kids advertising unit, Beacon Media, and Frederator Networks.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOON:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue