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Funko Reports 2024 Fourth-Quarter, Full-Year Financial Results; Provides Full-Year Outlook for 2025

1. Funko's Q4 2024 net sales rose to $293.7M, indicating growth. 2. Gross profit improved to $124.4M with a 42.4% margin.

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FAQ

Why Bullish?

The increase in net sales and gross profit suggests improved financial health, similar past events led to positive stock movements.

How important is it?

Positive earnings results and growth expectations are critical for FNKO's market perception.

Why Short Term?

Immediate market reaction expected from Q4 results impacting FNKO's short-term performance.

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EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the fourth quarter and full year ended December 31, 2024. The company also provided financial guidance for the 2025 first quarter and full year. Fourth-Quarter Financial Results Summary: 2024 vs 2023 Net sales were $293.7 million versus $291.2 million Gross profit was $124.4 million, equal to gross margin of 42.4%, compared with $109.4 million.

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