secwatch.observer — SEC 8-K summary
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Issuer:     Funko, Inc. (FNKO)
CIK:        0001704711
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001704711-25-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1704711/000170471125000015/0001704711-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1704711/000170471125000015/fnko-20250306.htm
  HTML page:      https://secwatch.observer/filing/0001704711-25-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer