Kartoon Studios (TOON) AI Stock Analysis

• Market Cap: $34.16M
• Dividend Yield: N/A
• Average Volume (3M): 184.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.67
• Revenue Growth: 1.15%
• EPS Growth: 71.71%
• Country: US
• Employees: 344
• Sector: Communication Services
• Sector Strength: 90
• Industry: Entertainment
• EPS (TTM): N/A
• Shares Outstanding: 47,793,720
• 10 Day Avg. Volume: 121,373
• 30 Day Avg. Volume: 184,198
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.07
• Enterprise Value/Gross Profit: 3.67
• Enterprise Value/Ebitda: -2.47
• 1Y Price Target: $0.50
• Price Target Upside: -29.58% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: $0.50 ▼(-29.58% Downside)

Kartoon Studios faces significant financial challenges, with declining revenues and persistent losses being the most critical factors. Technical indicators suggest a bearish trend, and the valuation is unattractive due to negative earnings. The lack of earnings call data and corporate events further limits positive influences on the score.

Kartoon Studios Business Overview & Revenue Model

Company Description

Kartoon Studios Inc., a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Ukulele U, a live-action IP preschool music series; Team Zenko Go!, a preschool computer animated children's streaming television series; Rainbow Rangers, an animated series about the adventures of seven magical girls; Guava Juice, a 2D animated IP series; Shaq's Garage, a children's animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children's television series based on the children's books; Roblox Rumble, an elimination-style competitive reality series; Spin Master Productions; Madagascar; and Bee & PuppyCat. It also operates a cartoon channel over various platforms. In addition, the company acts as a licensing agent for Llama Llama, Bee & PuppyCat, and Castlevania. It serves various customers and partners, including broadcasters, consumer products licensees, and online platforms. The company was formerly known as Genius Brands International, Inc. and changed its name to Kartoon Studios Inc. in June 2023. Kartoon Studios Inc. was incorporated in 2006 and is headquartered in Beverly Hills, California.

How the Company Makes Money

Kartoon Studios generates revenue through multiple streams, primarily from the production and licensing of animated content. Key revenue sources include advertising revenues from its television programming, subscription fees from digital platforms, and licensing agreements for merchandise based on its popular characters and series. Additionally, the company may enter into partnerships with streaming services and networks to distribute its content, further enhancing its earning potential. Collaborative ventures with toy manufacturers and other consumer products also contribute to its revenue, allowing Kartoon Studios to monetize its intellectual properties beyond just content creation.

Kartoon Studios Financial Statement Overview

Summary

Kartoon Studios exhibits financial instability with declining revenues, persistent losses, and negative cash flows. The balance sheet shows some stability with reduced liabilities, but challenges in profitability and cash generation are significant concerns.

Income Statement

Kartoon Studios has faced declining revenues and significant losses. The TTM period shows a revenue decrease with negative EBIT and EBITDA margins. Despite some gross profit in 2025, the persistent net losses indicate ongoing profitability issues.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, but declining stockholders' equity over time. The reduction in total assets and cash reserves may pose risks, although liabilities have decreased, indicating some deleveraging.

Cash Flow

Kartoon Studios' cash flow statements reflect ongoing negative operating and free cash flows, indicating struggles with cash generation. The high variation in cash flows showcases instability, although recent improvements in investing cash flow offer some positive signs.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.59M	44.09M	62.30M	7.87M	2.48M
Gross Profit	9.46M	3.69M	15.03M	-15.04M	-21.26K
EBITDA	-15.74M	-68.90M	-31.07M	-105.88M	-399.13M
Net Income	-20.74M	-77.10M	-45.59M	-126.29M	-401.67M
Balance Sheet
Total Assets	85.47M	111.44M	239.59M	174.08M	134.20M
Cash, Cash Equivalents and Short-Term Investments	9.91M	16.05M	91.14M	122.58M	100.46M
Total Debt	16.78M	28.71M	92.37M	9.63M	3.66M
Total Liabilities	49.01M	58.17M	126.72M	29.43M	15.00M
Stockholders Equity	34.97M	51.57M	111.08M	142.73M	119.20M
Cash Flow
Free Cash Flow	-3.61M	-16.16M	-26.54M	-25.05M	-7.95M
Operating Cash Flow	-3.49M	-16.09M	-25.92M	-23.74M	-7.84M
Investing Cash Flow	10.01M	73.86M	-30.94M	-127.46M	-1.40M
Financing Cash Flow	-3.13M	-60.80M	54.44M	60.82M	109.40M

Kartoon Studios Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.71
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TOON, the sentiment is Positive. The current price of 0.71 is below the 20-day moving average (MA) of 0.71, below the 50-day MA of 0.74, and above the 200-day MA of 0.66, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.81 is Neutral, neither overbought nor oversold. The STOCH value of 75.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TOON.

Kartoon Studios Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNVS	73 Outperform	$100.77M	39.96	10.01%	―	59.13%	―
Sector *	56 Neutral	HK$67.91B	0.87	-5.00%	5.18%	-0.87%	-12.66%
TOON	41 Neutral	$34.16M	―	-55.07%	―	1.15%	71.71%
ADD	―	$16.51M	―	-202.34%	―	―	―
DLPN	44 Neutral	$14.07M	―	-101.62%	―	4.84%	-9.71%
AGAE	41 Neutral	$59.31M	―	-26.23%	―	1.52%	-439.93%
RDI	40 Underperform	$52.13M	―	-540.12%	―	-7.36%	18.52%

Kartoon Studios Corporate Events

Kartoon Studios Approves Key Proposals at Annual Meeting

On May 14, 2025, Kartoon Studios, Inc. held its 2025 Annual Meeting of Stockholders where several key proposals were approved. Notably, the stockholders approved an amendment to the 2020 Incentive Plan, increasing the number of shares available for awards by 5,000,000. Additionally, the election of directors and the ratification of the company’s auditing firm, WithumSmith+Brown, PC, were confirmed. The meeting also saw approval for the issuance of shares upon warrant exercises and the potential adjournment of the meeting, though the latter was deemed unnecessary.