Kartoon Studios reports Q4 2024 revenue up 8.2% sequentially; operating loss improved 88% YoY

Kartoon Studios, Inc.

2025-Q1 EPS reported -$0.14 revenue$9,504,000

Q4 2024 revenue $9.4M (+8.2% seq, +7.0% YoY); full-year revenue $32.6M.
Operating expenses cut 66% in Q4 2024 vs Q4 2023; 57.4% decrease for full year 2024.
Loss from operations improved 88% in Q4 2024 and 76.5% for full year vs prior year.
Mainframe Studios revenue surged 44.7% in Q4; over 90% of 2025 revenue already contracted.
No long-term debt as of Dec 31, 2024; current assets $34.7M, stockholders' equity $36.5M.

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