Highest-materiality recent filing
Net sales $200.9M, up 5% YoY; net loss $18.1M vs $28.1M loss prior year.
Funko Q4 net sales $273.1M, down 7% YoY; FY25 net loss widens to $67.4M; guides FY26 EBITDA $70-80M
Q4 net sales $273.1M (down 7.0% YoY); gross margin 40.9%; adjusted EBITDA $23.3M.
Funko amends credit agreement, extends maturity to Dec 2027, waives covenants
Extends loan maturity from Sep 2026 to Dec 31, 2027; increases margin on all loans to 450 bps.
Funko Q3 net sales down 14.3% to $250.9M; net income drops to $0.9M
Net sales $250.9M (down 14.3% YoY); net income $0.9M vs $4.6M; diluted EPS $0.02.
Funko appoints Josh Simon as CEO effective Sept 1, 2025; replaces interim CEO Michael Lunsford
Simon, former Netflix VP, will receive $1M base salary, annual bonus target 100% of base, and annual equity target $2.5M from FY27.
Funko Q2 net loss $41M, revenue down 22% YoY; expects H2 improvement
Net sales $193.5M, down 21.9% YoY; net loss $41.0M ($0.74/share) vs net income $5.4M.
Funko files S-3 for $100M, warns of going concern, credit amendment signed
Filing S-3 to register up to $100M of securities and resale of 12.6M shares by a selling stockholder.
Funko obtains credit amendment waiving leverage covenants, cutting revolver to $125M
Fourth Amendment waives max net leverage and min fixed charge coverage ratios for Q2 and Q3 2025.
Funko CEO Cynthia Williams departs; Michael Lunsford named interim CEO
Cynthia Williams to step down as CEO effective July 5, 2025; Board appointed Michael Lunsford as interim CEO.
Funko Q1 net sales $190.7M, down 11.6% YoY; withdraws FY2025 outlook on tariff uncertainty
Net sales $190.7M (down 11.6% YoY from $215.7M); net loss $28.1M vs $23.7M loss last year.
Funko Q4 net sales $293.7M, gross margin 42.4%, adjusted EBITDA $26.3M; guides FY2025
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.
Funko Q3 net sales down 6.4% YoY to $293M; net income of $4.6M vs loss; raises FY EBITDA view
Q3 net sales $292.8M, down 6.4% YoY; gross margin improved to 40.9% from 33.2%.
Funko Q2 net sales $247.7M (+3.2%), adj EBITDA $27.9M beat; reiterates FY outlook
Net sales $247.7M vs $240.0M YoY; gross margin 42.0% (was 29.2%); net income $5.4M ($0.10 EPS) vs loss $75.9M.
U.S. District Court for Central District of California issued order on July 26, 2024 granting preliminary approval of derivative settlement.
Q1 net sales $215.7M, down 14.4% YoY; net loss $23.7M ($0.45/share) vs $61.1M loss a year ago.
Funko posts Q4 net loss $10.8M, sales down 12.6% YoY; CFO leaves March 15
Q4 net sales $291.2M (-12.6% YoY); gross margin 37.6% vs 28.3% a year ago.
Funko Q3 net loss $15M, sales down 14%; board director change
Net sales $312.9M, down 14.4% YoY; net loss $15.0M vs $9.6M income.
Funko founder Brian Mariotti resigns from board and as employee, becomes advisor at $50K quarterly
Mariotti resigned for 'Good Reason' effective Sept 1, 2023; no disagreement with company cited.
Funko Q2 net sales -24% to $240M, net loss $75.9M; cuts full-year guidance
Net sales $240.0M (-24% YoY); net loss $75.9M ($1.54/share) includes $38.5M non-cash charge.
Funko reduces workforce by 12-13% (~180-200 jobs); expects $2.4-2.8M charges, $20-22M annual savings
Reduction of approx 180-200 employees (12-13% of total workforce).
Funko CEO Brian Mariotti takes 6-month leave; Michael Lunsford named Interim CEO
Brian Mariotti ceased as CEO effective July 13, 2023, for a six-month sabbatical; remains a director.
Net sales fell 18% to $251.9M; net loss surged 521% to $61.1M ($1.17 GAAP diluted loss).
Funko Q4 net loss $46.7M; guides Q1 adj EBITDA loss $45-50M; inventory write-down $30-36M
Q4 net sales $333.0M (-1% YoY); net loss $(46.7)M vs income $17.4M; GAAP EPS $(0.89).
Funko appoints Brian Mariotti CEO, Scott Yessner Interim CFO; Andrew Perlmutter becomes President
Brian Mariotti named CEO, stepping down as Chief Creative Officer; Andrew Perlmutter becomes President, stepping down as CEO.
FY2022 Adjusted Net Income guidance lowered to $39-$41M from $47-$49M; Adjusted EPS now $0.70-$0.80 vs prior $0.85-$0.95.
Funko Q3 net sales +36.6% but net income -39.3%; adj. EBITDA margin down to 9.8%
Net sales $365.6M (+36.6% YoY); gross margin 35.0% (-100 bps); net income $11.1M (-39.3%).
Funko Q2 net sales up 33.7% to $315.7M; net income down 24.6%; margins shrink
Net sales $315.7M (+33.7% YoY); net income $15.8M (-24.6%); Adjusted EBITDA $31.8M (-22.7%).
Funko Q1 net sales +63% YoY to $308.3M; raises FY22 guidance to $1.275-1.325B
Net sales $308.3M (+63% YoY); net income $14.5M (+31% YoY); GAAP EPS $0.23, adjusted EPS $0.34.
On May 8, 2024, following a search process, the Board of Directors (the “Board”) of the Company appointed Cynthia Williams as the Company’s Chief Executive Officer and a Class II director, in each case effective May 20, 2024 (the “Effective Date”).
On May 8, 2024, following a search process, the Board of Directors (the “Board”) of the Company appointed Cynthia Williams as the Company’s Chief Executive Officer and a Class II director, in each case effective May 20, 2024 (the “Effective Date”).
Andrew Perlmutter resigned as a Class II director of the Company, effective on the Effective Date.
Ms. Williams succeeds Michael Lunsford, the Company’s Interim Chief Executive Officer.
Also on March 6, 2024, the Company’s Board of Directors (the “Board”) appointed Yves LePendeven as the Company’s Acting Chief Financial Officer and designated him as the Company’s principal financial officer and principal accounting officer, in each case effective as of the Effective Date.
On March 6, 2024, Steve Nave resigned as Chief Financial Officer and Chief Operating Officer of Funko, Inc. (the “Company”), effective March 15, 2024.
On February 12, 2024, Andrew Perlmutter, the President of Funko, Inc. (the “Company”) tendered his resignation as President, to be effective March 31, 2024.
On November 1, 2023, Michael Kerns was elected to the Board to fill the vacancy created by Mr. Paul’s resignation, effective November 2, 2023.
On November 1, 2023, Richard A. Paul resigned as a member of the Company’s Board of Directors (the “Board”), effective November 2, 2023.
appointed Michael Lunsford as the Company’s Interim Chief Executive Officer.
Brian Mariotti has agreed to take a six month leave of absence from the Company and cease serving as Chief Executive Officer, effective immediately.
Jennifer Fall Jung resigned as Chief Financial Officer
Max materiality 0.90 · Median 0.68 · Most common event earnings