The earnings call reflects a cautiously optimistic outlook with notable achievements in profitability and revenue growth despite market challenges. However, there are concerns regarding revenue stability and dependency on major licenses, which pose risks for future financial performance.
Company Guidance
During the IDW Media Holdings Q3 2024 earnings call, the company provided guidance on several key metrics. CFO Andrew DeBaker shared expectations for cash recoupment from "Wynonna Earp," estimating quarterly receipts in the $100,000 to $150,000 range for Q4 2024 and projecting an annual total between $400,000 and $500,000 for fiscal year 2025, depending on timing. Additionally, it was reported that approximately 70% of revenue in Q3 came from Penguin Random House (PRH) channels, down from the typical 80%, due to increased orders from Scholastic, primarily for "Sonic" and "Teenage Ninja Turtles" titles. The company also discussed strategic priorities, emphasizing growth in direct-to-consumer sales and expanding distribution channels, with David Jonas highlighting the importance of diversifying IP and taking calculated risks to drive long-term profitability.
Profitability Achieved
IDWM made a profit this quarter, marking a significant achievement given the general decline in the comics market.
Increased Sales in Challenging Market
The company saw a $1 million increase in sales, performing better than the overall comics market, which is reported to be declining.
Diversification of Revenue Streams
15% to 20% of the business revenue came from outside the PRH market, with a significant contribution from Scholastic orders.
Strategic Use of Raised Capital
IDWM raised $3 million, which is intended for strategic purposes and provides security and confidence for future calculated risks.
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IDW Media Holdings (IDWM) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IDWM Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 12, 2024
$0.33
$0.32
-3.03%
Jun 13, 2024
$0.36
$0.34
-5.56%
Mar 14, 2024
$0.39
$0.41
+5.13%
Jan 29, 2024
$0.49
$0.46
-6.12%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does IDW Media Holdings (IDWM) report earnings?
IDW Media Holdings (IDWM) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is IDW Media Holdings (IDWM) earnings time?
IDW Media Holdings (IDWM) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.