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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 increased slightly to $293.7 million. 2. Gross profit rose to $124.4 million with a margin of 42.4%.

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$8.96503/07 10:36 PM EDTLatest Updated
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FAQ

Why Bullish?

The solid growth in sales and gross profit suggests improving financial health, reminiscent of FNKO's previous performance where strong earnings propelled stock prices upwards.

How important is it?

The article provides key financial metrics that can impact investor sentiment and decision-making, making it highly relevant to FNKO's stock.

Why Short Term?

Investors often react positively to quarterly sales data, leading to potential short-term price increases, similar to previous earnings announcements that affected FNKO's stock.

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HASNKEDIS
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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