Funko Reports Third Quarter 2024 Financial Results; Updates 2024 Full-Year Outlook
Funko, Inc. - Class A (FNKO)
Last funko, inc. - class a earnings: 3/5 04:15 pm
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Source: Business Wire
--Q3 Net Sales, Gross Margin and Adjusted EBITDA at High End or Above Expectations-- EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the third quarter ended September 30, 2024.Third Quarter Financial Results Summary: 2024 vs 2023Net sales were $292.8 million compared with $312.9 millionGross profit was $119.8 million, equal to gross margin of 40.9%. This compares with $104.0 million, equal to gross margin of 33.2%, which included $6.4 million of non-recurring chargesSG&A expenses were $92.7 million, which included $0.4 million of non-recurring charges. This compares with $94.0 million, which included $9.9 million of non-recurring charges. Details related to the non-recurring charges can be found in footnotes 4, 5 and 10 of the attached reconciliationsNet income was $4.6 million, or $0.08 per diluted share, compared with net loss of $16.2 million, or $0.31 per shareAdjusted net
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FNKO
Earnings
- 11/7/24 - Beat
FNKO
Sec Filings
- 11/20/24 - Form SC
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- FNKO's page on the SEC website