Kartoon Studios Inc

Kartoon Studios Inc maintains a capital structure characterized by zero debt, with a debt-to-equity ratio of 0.0. The company holds total assets of $70.9 million against total liabilities of $43.4 million, resulting in total equity of $26.2 million. The market capitalization stands at $35.0 million, implying a price-to-book ratio of 1.27. Liquidity risk is flagged as unknown due to insufficient balance-sheet inputs for assessment, though the absence of going-concern language in source documents suggests no immediate distress signals.

Profitability metrics indicate significant operational challenges, with a return on equity of -77.15% and a return on assets of -28.52%. The company reported an operating income of -$12.9 million and a net income of -$24.5 million for the latest period. Operating cash flow was negative at -$11.4 million, while capital expenditures were minimal at $0.15 million. These figures reflect a business model currently consuming cash rather than generating returns, with no cohort median data available for comparative analysis.

Revenue concentration and segment details are not explicitly broken down in the available data, preventing a detailed analysis of geographic or product-specific exposure. The total revenue for the latest normalized period is $39.4 million. Without specific segment or geographic tables, the revenue mix remains undifferentiated in this assessment.

Growth trajectory analysis is limited by the absence of historical period data in the input. The current revenue figure of $39.4 million serves as the sole data point for trend reasoning. No year-over-year or quarter-over-quarter growth rates can be calculated from the provided structured data.

Risk factors include a low dilution risk assessment, supported by the equality of basic and diluted shares outstanding at 54.86 million. The primary risk flag is the inability to assess liquidity risk due to missing balance-sheet inputs, although the zero-debt structure mitigates solvency concerns. ESG scores indicate a C- grade with a total score of 32.52, driven by a zero environment pillar score and moderate social and governance scores.

Recent events include a sector contamination re-analysis via the sector classification direct path, audited on 2026-07-13, which triggered a sector fix batch for TOON.K. This administrative update ensures the company's classification aligns with the Entertainment industry under Communication Services.

Kartoon Studios Inc (TOON.K) has undergone a comprehensive revision of its internal analytical framework, with significant updates to its business narrative, summary, and key takeaways. These modifications, sourced from the ha_light_thesis, represent a structural recalibration of the company's profile rather than a reaction to new external market events. The changes include a complete overhaul of the narrative and conclusion sections, alongside a balanced adjustment of seven new and seven removed key takeaways, indicating a refined understanding of the company's operational context. Despite these internal updates, the system explicitly notes that there is no material change versus prior analysis when excluding schema-expansion fields. This suggests that while the descriptive language and categorization of Kartoon Studios' business model have been refined, the fundamental financial or operational reality of the company remains consistent with previous assessments. The revisions appear to be driven by improved data structuring or analytical depth rather than a shift in the company's underlying performance or strategy. The company continues to operate with a lean leadership structure, comprising only one officer, and maintains a niche presence in the broader market. With zero analyst coverage and no index membership, Kartoon Studios remains largely outside the purview of mainstream institutional scrutiny. However, it retains a base of 12 top holders, suggesting a dedicated, albeit small, investor community that tracks the company's developments closely despite the lack of broader market attention. In terms of recent activity, there has been a complete absence of news dispatches or sentiment signals over the past 30 days, with zero reports recorded from late June through mid-July 2026. This silence in the news cycle reinforces the view that the recent changes are internal and analytical in nature. For investors, the significance lies in the updated clarity of the company's profile, which may provide a more accurate lens for evaluating its long-term prospects, even in the absence of immediate catalysts or external validation.

Revenue grew 35.3% year-over-year, demonstrating significant top-line expansion momentum for the entertainment production company.

The company achieved a four-year revenue CAGR of 53.8%, indicating strong historical growth trajectory over the period.

Gross profit turned positive in recent periods, reaching $12.5 million, suggesting improved core operational efficiency.

Cash conversion metrics rank above the median for the Entertainment Production cohort, indicating relatively efficient cash management.

Dilution risk is assessed as low, providing some protection for existing shareholders against equity value erosion.

Credit risk is flagged as high, with a debt-to-equity ratio of 1.65 indicating substantial leverage.

Revenue $62.3M, +691,3% YoY; Operating income +31,4% YoY.

• ▍Revenue $62.3M, +691,3% YoY
• ▍Operating income +31,4% YoY
• ▍Net income +63,9% YoY
• ▍Free cash flow +72,6% YoY
• ▍Net margin -73.2%

Revenue $7.9M; Operating income -$63.8M.

• ▍Revenue $7.9M
• ▍Operating income -$63.8M
• ▍Net margin -1604.1%