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Thunderbird Entertainment Group Inc (TSE:TBRD)
:TBRD
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 29, 2020
|% Change Since: 5.17%
|Next Earnings Date:Nov 29, 2019
Earnings Call Sentiment|Positive
The earnings call showcased significant revenue growth and a return to profitability, driven by cost management and a strong content pipeline. However, the decline in licensing revenue and gross margin, along with potential delays from labor negotiations, present challenges. The sentiment leans towards positive due to the overall growth and strategic positioning of the company.Company Guidance
During Thunderbird Entertainment Group's Q1 2025 earnings call, the company reported a 36% increase in revenue, reaching $45.7 million compared to $33.6 million the previous year, primarily driven by growth in production service engagements. The animation sector saw a 14% increase with $4.4 million in revenue, while unscripted and scripted services contributed $9.6 million. Despite a 61% decline in licensing and distribution revenue, Thunderbird achieved a net income of $1.6 million, a significant improvement from a $0.7 million loss last year. The gross margin decreased to 19.6% from 23.5%, attributed to lower margins in non-animation services and reduced unscripted licensing fees. The company reiterated its fiscal 2025 targets, anticipating 20% revenue growth and over 10% adjusted EBITDA growth, while maintaining a strong balance sheet with no corporate debt. The call also highlighted potential impacts of ongoing negotiations between AMPTP and IATSE 839, which may delay production greenlights.Significant Revenue Growth
Revenue for the first quarter was $45.7 million, representing a 36% increase from $33.6 million in the same period last year.
Positive Earnings and Cost Management
The company recorded net income of $1.6 million compared to a loss of $0.7 million last year. Cost-cutting actions resulted in savings of over $3 million in fiscal 2024, with G&A costs decreasing to $4.7 million from $5.1 million.
Recognition and Strategic Positioning
Thunderbird was ranked as one of Canada's top growing companies in 2024 with a 3-year growth rate of 105%.
Robust Content Pipeline and Market Position
25 programs in production across various stages, including collaborations with major clients like Disney and Netflix, highlighting strong industry relationships.
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Thunderbird Entertainment Group Inc (TSE:TBRD) Earnings, Revenues Date & History
TSE:TBRD Earnings History
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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TSE:TBRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 20, 2024 | C$1.74 | C$1.75 | +0.57% |
| Oct 09, 2024 | C$1.88 | C$1.95 | +3.72% |
| May 23, 2024 | C$1.75 | C$1.79 | +2.29% |
| Feb 29, 2024 | C$1.78 | C$1.80 | +1.12% |
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 Thunderbird Entertainment Group Inc (TSE:TBRD) report earnings?
Thunderbird Entertainment Group Inc (TSE:TBRD) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Thunderbird Entertainment Group Inc (TSE:TBRD) earnings time?
Thunderbird Entertainment Group Inc (TSE:TBRD) earnings time is at Feb 20, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TBRD EPS forecast?
TSE:TBRD EPS forecast for the fiscal quarter 2025 (Q2) is 0.03.
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