Funko, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:05 pm EDT
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Funko, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 315.72 million compared to USD 236.11 million a year ago. Net income was USD 14.67 million compared to USD 13.81 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 0.34 a year ago.
For the six months, sales was USD 624.06 million compared to USD 425.29 million a year ago. Net income was USD 24.55 million compared to USD 20.33 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.53 compared to USD 0.52 a year ago.
Funko, Inc. operates as a pop culture lifestyle brand. The Company is engaged in selling a range of licensed pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products are principally figures, fashion accessories, apparel, plush products, accessories, homewares, and non-fungible tokens (NFTs). Its products combine its brands and designs and aesthetic sensibilities into properties it licenses from content providers. In addition to offering multiple properties and product categories, it creates and sells a variety of brands that have their own look and feel. The Company's brand portfolio includes Core Collectibles (which include Pop! Vinyl, as well as other branded lines such as Soda, Bitty Pop!, and Pop! Yourself), Loungefly (softlines including bags, wallets, backpacks and apparel) and Other (which includes brands, such as Digital Pop! and Mondo).
FUNKO, INC. 
