TOON NYSE Services-Motion Picture & Video Tape Production Financials FY2016βFY2025
Kartoon Studios, Inc. had $39.4M of revenue in fiscal 2025, up 20.7% on the year before. Over five years, revenue changed +73.8% a year on average.
Last close Β· Oct 23, 2026
$0.52
3.1%Hi! I read Kartoon Studios, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+20.7%
Yes. Sales grew 20.7% last year.
Does it make a profit?
β62.3%
No. It lost money last year.
Does profit turn into cash?
β29.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
How is the share priced?
8.6x
One share costs 8.6 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Kartoon Studios, Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 13, 2026
Friday Β· in 19 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q2 '26 | Before the market opens | 8-K β |
| May 15, 2026 | Q1 '26 | Before the market opens | 8-K β |
| Mar 31, 2026 | Q4 '25 | Before the market opens | 8-K β |
| Nov 14, 2025 | Q3 '25 | After the market closes | 8-K β |
| Aug 14, 2025 | Q2 '25 | Before the market opens | 8-K β |
| May 15, 2025 | Q1 '25 | Before the market opens | 8-K β |
| Mar 31, 2025 | Q4 '24 | During market hours | 8-K β |
| Nov 14, 2024 | Q3 '24 | During market hours | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Kartoon Studios, Inc. had $39.4M of revenue in fiscal 2025, up 20.7% on the year before. Over five years, revenue changed +73.8% a year on average. Its operating margin was β32.8%, up 19.3Β pts: of every 100 in sales, about β33 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Kartoon Studios, Inc. lost $24.5M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$11.6M in fiscal 2025, β29.4% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Kartoon Studios, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $115M | $91.1M | $16.0M | $8.5M | $2.9M |
| Interest coverage | β3,187.7x | β18.8x | β23.2x | β21.8x | β19.7x |
| Current ratio | 6.4x | 1.3x | 1.2x | 1.0x | 1.1x |
| Quick ratio | 6.4x | 1.3x | 1.2x | 1.0x | 1.1x |
| Total assets | $174M | $240M | $111M | $85.5M | $70.9M |
| Total liabilities | $29.4M | $127M | $58.2M | $49.0M | $43.4M |
| Shareholders' equity | $143M | $111M | $51.6M | $35.0M | $26.2M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Kartoon Studios, Inc. passes 3 of 7 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 8 | 1 / 8 | 3 / 8 | 2 / 7 | 4 / 7 | 3 / 7 | 2 / 7 | 2 / 7 | 3 / 7 |
| Accruals ratio | β13.9% | 10.0% | β3.8% | β19.4% | β481.2% | β66.5% | β9.5% | β34.8% | β17.5% | β16.8% |
| Altman Z'' | β7.92 | β2.93 | β7.50 | β9.15 | 1.00 | β4.19 | β8.25 | β23.86 | β28.69 | β35.49 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.9M | $5.3M | $1.0M | $5.9M | $2.5M | $7.9M | $62.3M | $44.1M | $32.6M | $39.4M |
| Gross profit | $0.6M | $1.1M | β$0.5M | $1.3M | β | β | β | β | β | β |
| Operating income | β$6.5M | β$4.9M | β$8.0M | β$6.5M | β$17.9M | β$63.8M | β$43.7M | β$72.4M | β$17.0M | β$12.9M |
| Interest expense | $0.0M | $0.0M | $1.0M | $0.8M | $1.2M | $0.0M | $2.3M | $3.1M | $0.8M | $0.7M |
| Pretax income | β$6.2M | β$4.9M | β$9.0M | β$11.5M | β$402M | β$126M | β$44.4M | β$78.2M | β$21.0M | β$24.8M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | β$1.0M | β$0.0M | β$0.1M |
| Net income | β$6.2M | β$4.9M | β$9.0M | β$11.5M | β$402M | β$126M | β$45.6M | β$77.1M | β$20.7M | β$24.5M |
| Net income to common | β$6.2M | β$4.9M | β$9.4M | β$14.9M | β$402M | β$126M | β | β | β | β |
| Diluted EPS | β$1.59 | β$0.81 | β$1.07 | β$1.25 | β$2.82 | β$4.24 | β$1.45 | β$2.29 | β$0.54 | β$0.49 |
| Diluted shares | 0.00B | 0.01B | 0.01B | 0.01B | 0.14B | 0.03B | 0.03B | 0.03B | 0.04B | 0.05B |
| Cash flow | ||||||||||
| Cash from operations | β$3.7M | β$7.2M | β$8.0M | β$6.3M | β$8.1M | β$23.8M | β$25.9M | β$16.1M | β$3.5M | β$11.4M |
| Capital expenditure | $0.0M | $0.1M | $0.0M | $0.0M | $0.1M | $0.3M | $0.6M | $0.1M | $0.1M | $0.2M |
| Free cash flow | β$3.7M | β$7.2M | β$8.0M | β$6.3M | β$8.1M | β$24.1M | β$26.5M | β$16.2M | β$3.6M | β$11.6M |
| Depreciation and amortization | $0.1M | $0.1M | $0.1M | $0.3M | $0.4M | $0.6M | $2.7M | $2.5M | $2.4M | $2.6M |
| Stock-based compensation | $1.6M | $0.7M | β$0.0M | $0.2M | $8.9M | $16.5M | β | $2.7M | $0.7M | $0.3M |
| Acquisitions | β | β | β | β | $0.3M | $0.0M | $37.3M | $0.0M | β | β |
| Share buybacks | β | β | β | β | β | $0.0M | $0.3M | $0.0M | β | β |
| Dividends and buybacks | β | β | β | β | β | $0.0M | $0.3M | $0.0M | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $1.9M | $6.9M | $3.1M | $0.3M | $100M | $115M | $91.1M | $16.0M | $8.5M | $2.9M |
| Current assets | $3.4M | $10.8M | $5.6M | $4.6M | $109M | $136M | $140M | $55.7M | $34.7M | $35.8M |
| Current liabilities | $3.9M | $2.8M | $4.6M | $8.3M | $7.2M | $21.1M | $111M | $45.6M | $33.4M | $33.5M |
| Inventory | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β | β | β | β | β |
| Property and equipment, net | $0.1M | $0.1M | $0.1M | $0.1M | $0.1M | $0.4M | $2.4M | $1.9M | $2.1M | $1.6M |
| Goodwill | $10.4M | $10.4M | $10.4M | $10.4M | $10.4M | $15.2M | $33.5M | $0.0M | β | β |
| Intangible assets | $1.8M | $1.9M | $0.1M | $0.1M | $0.0M | $9.7M | $29.2M | $23.0M | $19.7M | $17.6M |
| Total assets | $17.9M | $27.7M | $24.6M | $29.4M | $134M | $174M | $240M | $111M | $85.5M | $70.9M |
| Total liabilities | $7.9M | $12.7M | $11.8M | $20.3M | $15.0M | $29.4M | $127M | $58.2M | $49.0M | $43.4M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $10.1M | $15.0M | $12.8M | $9.1M | $119M | $143M | $111M | $51.6M | $35.0M | $26.2M |
| Margins | ||||||||||
| Gross margin | 67.8% | 20.2% | β54.7% | 22.7% | β | β | β | β | β | β |
| Operating margin | β745.7% | β92.1% | β805.7% | β110.1% | β720.2% | β809.8% | β70.2% | β164.2% | β52.1% | β32.8% |
| EBITDA margin | β729.3% | β89.7% | β796.8% | β104.4% | β704.9% | β802.2% | β65.8% | β158.4% | β44.8% | β26.3% |
| Net margin | β716.7% | β92.0% | β906.3% | β194.3% | β16,176.8% | β1,604.1% | β73.2% | β174.9% | β63.6% | β62.3% |
| FCF margin | β429.4% | β135.9% | β808.2% | β106.3% | β327.4% | β306.4% | β42.6% | β36.7% | β11.1% | β29.4% |
| Returns | ||||||||||
| Return on capital employed | β45.9% | β19.7% | β40.0% | β30.8% | β14.1% | β41.7% | β34.0% | β110.0% | β32.7% | β34.5% |
| Return on equity | β61.8% | β39.1% | β64.6% | β104.7% | β626.2% | β96.4% | β35.9% | β94.8% | β47.9% | β80.2% |
| Return on assets | β34.6% | β21.5% | β34.4% | β42.5% | β491.0% | β81.9% | β22.0% | β43.9% | β21.1% | β31.4% |
| Return on tangible equity | β | β174.2% | β392.5% | β | β369.2% | β107.2% | β94.1% | β269.8% | β136.0% | β285.1% |
| Growth | ||||||||||
| Revenue growth | β | 515.5% | β81.4% | 494.7% | β58.0% | 217.1% | 691.3% | β29.2% | β26.1% | 20.7% |
| Share count change | β | 55.4% | 43.9% | 35.9% | 1,096.4% | β79.1% | 5.5% | 7.3% | 14.1% | 30.8% |
| Financial health | ||||||||||
| Interest coverage | β2,394.4x | β1,535.6x | β7.9x | β8.1x | β15.2x | β3,187.7x | β18.8x | β23.2x | β21.8x | β19.7x |
| Current ratio | 0.9x | 3.9x | 1.2x | 0.6x | 15.1x | 6.4x | 1.3x | 1.2x | 1.0x | 1.1x |
| Quick ratio | 0.9x | 3.9x | 1.2x | 0.6x | 15.1x | 6.4x | 1.3x | 1.2x | 1.0x | 1.1x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.7% | 1.2% | 2.2% | 0.5% | 3.1% | 3.8% | 1.0% | 0.2% | 0.4% | 0.4% |
| Stock comp / revenue | 182.5% | 12.4% | β1.7% | 3.1% | 359.6% | 209.0% | β | 6.1% | 2.1% | 0.8% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 3.0 | 1.0 | 3.0 | 2.0 | 4.0 | 3.0 | 2.0 | 2.0 | 3.0 |
| Altman Z'' | β7.9 | β2.9 | β7.5 | β9.2 | 1.0 | β4.2 | β8.3 | β23.9 | β28.7 | β35.5 |
| Accruals ratio | β13.9% | 10.0% | β3.8% | β19.4% | β481.2% | β66.5% | β9.5% | β34.8% | β17.5% | β16.8% |
Source: SEC EDGAR XBRL filings (CIK 0001355848). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
