Funko Q4 net sales $293.7M, gross margin 42.4%, adjusted EBITDA $26.3M; guides FY2025

Funko, Inc.

Q4 net sales $293.7M (+0.9% YoY); gross margin 42.4% (vs 37.6%); net loss $1.5M ($0.03/share) vs $10.8M loss.
FY2024 net sales $1.05B (-4.5% YoY); gross margin 41.4% (vs 30.4%); net loss $14.7M vs $154.1M; adjusted EBITDA $94.7M vs -$11.8M.
Q1 2025 guidance: net sales $270M-$295M; adjusted EBITDA $10M-$14M.
FY2025 guidance: net sales $1.06B-$1.11B; adjusted EBITDA $100M-$115M.
Adjusted net income per diluted share Q4 $0.08 vs $0.00; full year $0.16 vs -$1.43.

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