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Spin Master (TSE:TOY)
TSX:TOY
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.27Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: -27.39%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and improvements in the Toy and Digital Games segments, while also addressing notable challenges in the Entertainment segment and specific underperformances within Digital Games and PAW Patrol. Despite these challenges, the strategic initiatives and strong free cash flow position the company well for future growth.Company Guidance
During the fourth quarter and full year 2024 financial results conference call, Spin Master reported significant growth metrics, achieving total revenue of $2.3 billion, an 18.8% increase, with $375 million in incremental revenue from the Melissa & Doug acquisition. Fourth quarter revenue reached nearly $650 million, marking a 29% rise, driven by $130 million from Melissa & Doug. Despite challenges with PAW Patrol's decline in both Q4 and the full year, it remained the top preschool toy property globally. The company emphasized its strategic focus on cost synergies and revenue growth from Melissa & Doug, which significantly contributed to the preschool toy category. Spin Master also highlighted its Digital Games segment, which saw a 13.5% revenue increase in Q4, although full-year revenue declined due to earlier challenges. The company's 2025 outlook anticipates a 4% to 5% increase in consolidated Toy gross product sales, supported by a robust lineup of licensed products and international expansion of Melissa & Doug. The guidance for 2025 includes an expected adjusted EBITDA margin of 20% to 21%, reflecting continued investments in technology and strategic growth initiatives.Record-Breaking Revenue and Growth
Total revenue for 2024 reached $2.3 billion, marking an increase of 18.8%, with a significant contribution of $375 million from Melissa & Doug. Q4 revenue was just under $650 million, up 29% year-over-year.
Strong Toy Segment Performance
Toy gross product sales in Q4 increased by 31.4% with Melissa & Doug's inclusion. Excluding Melissa & Doug, sales increased by 1%. Significant growth was noted in the preschool, infant, and toddler plush category, largely due to Melissa & Doug and Ms. Rachel.
Digital Games Improvement
Q4 revenue for Digital Games increased by 13.5% due to high in-game purchases and subscription growth. Toca Boca World showed a 22% sequential revenue increase from Q3.
Strong Free Cash Flow and Capital Return
Spin Master generated $175 million in free cash flow in Q4, a significant increase from $44 million in Q4 2023. The company returned $82 million to shareholders in 2024.
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TSE:TOY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | C$31.14 | C$27.89 | -10.44% |
| Oct 30, 2024 | C$32.34 | C$29.23 | -9.62% |
| Jul 30, 2024 | C$32.78 | C$31.23 | -4.73% |
| May 07, 2024 | C$29.78 | C$28.93 | -2.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Spin Master (TSE:TOY) report earnings?
Spin Master (TSE:TOY) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Spin Master (TSE:TOY) earnings time?
Spin Master (TSE:TOY) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TOY EPS forecast?
TSE:TOY EPS forecast for the fiscal quarter 2025 (Q1) is -0.22.
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