Production has begun on Shaq’s Garage, which is set to air in Q2 2022
Rob Gronkowski co-govt producer and the voice of the “Gronkmobile”
$138.8 million of Hard cash, Cash Equivalents, and Marketable Securities With Zero credit card debt
Rob Gronkowski Joins Shaq’s Garage as Co-Executive Producer and Voice of ‘Gronkmobile’
CEO Gives Letter to Shareholders, with Business Update Detailing Progress Across Main Organization Traces
BEVERLY HILLS, Calif., Aug. 16, 2021 (Globe NEWSWIRE) — Genius Manufacturers International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS), a world wide manufacturer administration firm that generates and licenses leisure information for little ones, filed its Kind 10-Q for the period of time ending June 30, 2021, and supplied a enterprise update in the variety of a letter to shareholders from the Company’s Chairman & CEO, which is readily available on the website segment of the company site.
318% maximize in earnings for Q2 2021 and 280% increase in revenue for the 6 months finished June 30, 2021 around the same durations final calendar year
932% raise in special users on Kartoon Channel
$138.8 million of funds, funds equivalents and marketable securities with zero debt
Stan Lee’s Superhero Kindergarten grows to about 50 million sights to day in 15 weeks considering the fact that debut
Speedy expansion in viewership of Rainbow Rangers across primary broadcast platforms around the world, like Netflix, Amazon Key, HBO Max, Nickelodeon/Nick LatAm, and coming to Paramount+ (Wednesday Aug 18)
Generation has begun on Shaq’s Garage, which is set to air in Q2 2022 with Rob Gronkowski as co-government producer and the voice of the “Gronkmobile”
Advertisers on Kartoon Channel now contain leading Fortune 500 customer product or service organizations, such as Lego, Kellogg’s, Walmart, Nintendo, Addidas and other individuals
Revenues for the second quarter of 2021 were roughly $2.3 million compared to close to $561,000 for the exact same period previous yr, reflecting a year around year maximize of 318%. Revenues for the six months finished June 30, 2021 had been around $3.4 million compared to about $895,000 for the very same time period previous year, reflecting a calendar year more than yr enhance of 280%.
About Genius Manufacturers International
Genius Brands Global, Inc. (Nasdaq: GNUS) is a leading world-wide little ones media enterprise creating, developing, marketing and advertising and licensing branded children’s entertainment homes and shopper goods for media and retail distribution. The Company’s ‘content with a purpose’ portfolio incorporates Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger, on Kartoon Channel! Shaq’s Garage, starring Shaquille O’Neal on Kartoon Channel! Rainbow Rangers on Kartoon Channel! and Netflix Llama Llama, starring Jennifer Garner, on Netflix award-winning toddler brand Toddler Genius experience comedy STEM sequence Thomas Edison’s Mystery Lab and entrepreneurship series Warren Buffett’s Key Millionaires Club. Through licensing agreements with top companions, people from Genius Brands’ IP also surface on a wide selection of client items for the globally retail marketplace. The Company’s Kartoon Channel! and Kartoon Classroom! are accessible in over 100 million U.S. television homes by means of a broad range of distribution platforms, including Comcast, Cox, DISH, Sling Television, Amazon Key, Amazon Fireplace, Apple Tv, Apple iOS, Android Television, Android Mobil, Google Play, Xumo, Roku, Tubi, YouTube, KartoonChannel.com, Samsung Intelligent TVs and LG TVs. For further info, make sure you go to www.gnusbrands.com.
Ahead Hunting Statements: Certain statements in this push release constitute “forward-seeking statements” in just the which means of the federal securities legislation. Words and phrases this sort of as “might,” “could possibly,” “will,” “ought to,” “consider,” “be expecting,” “foresee,” “estimate,” “proceed,” “forecast,” “forecast,” “project,” “program,” “intend” or comparable expressions, or statements with regards to intent, perception, or current expectations, are forward-looking statements. Although the Corporation thinks these ahead-looking statements are acceptable, undue reliance need to not be placed on any this sort of ahead-hunting statements, which are based on information readily available to us on the date of this release. These ahead wanting statements are based mostly on present-day estimates and assumptions and are topic to different dangers and uncertainties, like without limitation, our capability to create profits or realize profitability our capacity to receive supplemental financing on suitable phrases, if at all the possible issuance of a significant variety of shares, which will dilute our equity holders fluctuations in the effects of our functions from time period to period of time normal economic and money conditions our potential to anticipate changes in well-known tradition, media and motion pictures, vogue and technologies competitive force from other distributors of information and inside the retail industry our reliance on and associations with 3rd-get together generation and animation studios our capability to sector and promote our items our reliance on third-events to market our merchandise our capacity to hold pace with technological developments our ability to safeguard our intellectual assets and individuals other threat elements established forth in the “Risk Factors” part of the Company’s most new Once-a-year Report on Kind 10-K and in the Company’s subsequent filings with the Securities and Exchange Commission (the “SEC”). Thus, actual outcomes could be materially different. The Business expressly disclaims any obligation to update or alter statements no matter whether as a result of new information and facts, long run events or normally, other than as necessary by regulation.
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