Kartoon Studios, Inc. (NYSE American: TOON) is a publicly-owned global media company based in Beverly Hills, California, with additional offices in New Jersey, Toronto, Vancouver, and London. Employing approximately 50 people, the company's primary business is the development, production, marketing, and licensing of animated entertainment properties and related consumer products for various media and retail outlets. In 2023, the company, formerly known as Genius Brands International, rebranded and reported revenues under $50 million. Its holdings include ownership or control of over 3,800 animated program episodes, and it licenses over 20,000 more through Toon Media Networks.
Kartoon Studios released its financial results for the fiscal year ending December 31, 2024, on an unspecified date. On March 31, 2025, the company reported strong business results, including 8.2% sequential revenue growth for the fourth quarter of 2024, marking the third consecutive quarterly increase. The company also announced that operating expenses decreased by 57.4% in 2024, and the operating loss improved by 76.5%. Further, the Kartoon Channel experienced growth in viewers, platforms, revenue, and profitability, maintaining a leading position in viewer rankings on Apple. An annual report to security holders was also released, providing further details on the company's performance.
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Kartoon Studios offers products in the media and telecoms services industry. Kartoon Studios's product portfolio comprises of film and TV rights.
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Kartoon Studios's revenues were $30.5M in 2023. All the revenue comes from entertainment rights and distribution.
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