With a float of 30.85M, a little bit of investor interest could send this soaring!
The cleanest setup here is the RSI divergence in confluence with a resistance trendline break. For this scenario, we would like to see the RSI (currently 42.28 as of 7/28/2023) break above 50 and provide us with a push over the $2.00 level (price is currently $1.96, 7/28/2023) for confirmation. This would be a strong, violent push to the upside followed by a sustained uptrend if the volume can continue to maintain bullish pressure.
Target #1: $4.83(+146.43%)
Target #2: $7.79 (+297.45%)
Target #3: $10.52 (+436.73%)
Target #4: $13.37 (+582.14%)
Bonus: $16.99 (+766.84%)
James McIlree, an analyst at Dawson James Securities, has set a target of $10.00 for Kartoon Studios, Inc. (AMEX: TOON) reflecting his positive outlook on the company’s growth potential. This target suggests 415% in upside potential from (TOON)’s opening price of $1.94 on 7/11/2023.
McIlree’s optimistic target of $10.00 is based on his comprehensive research and analysis of Kartoon Studios, Inc. (AMEX: TOON). His positive outlook stems from several key factors, including the company’s impressive revenue growth, as evidenced by the 885% increase in Q1 2023. This strong financial performance highlights Genius Brands’ ability to capitalize on acquisitions and expand its market presence.
Furthermore, McIlree acknowledges the strategic value of Kartoon Studios, Inc. (AMEX: TOON)’s acquisitions, such as WOW Unlimited and Ameba TV, which have strengthened the company’s content creation capabilities and global distribution reach. These acquisitions position Genius Brands favorably to benefit from the growing demand for animated children’s content and explore new markets.
Additionally, McIlree recognizes the company’s valuable partnerships with renowned brands and the strength of its distribution channels, including Kartoon Channel!, YFE, and Ameba TV. These partnerships provide the company with a wide audience reach and multiple avenues for generating revenue.
Those who value McIlree’s analysis and share his optimism about the company’s future prospects may consider further exploration and research regarding potential opportunities associated with Kartoon Studios, Inc. (AMEX: TOON)
On 5/22/2023, Kartoon Studios, Inc. (AMEX: TOON) announced a remarkable 885% increase in revenue for the first quarter of 2023 (Q1 2023), highlighting its strong growth trajectory. The company’s revenue for Q1 2023 reached $14.2 million, a substantial rise from $1.4 million during the same period last year.
To further enhance profitability and streamline operations, Kartoon Studios, Inc. (AMEX: TOON) has embarked on a comprehensive cost-cutting plan. This strategic initiative aims to reduce expenses across various areas, including personnel costs, production spend, lease, and vendor expenses. By implementing these measures, Genius Brands is focused on optimizing efficiency and driving the company towards sustained profitability.
As of March 31, 2023, Kartoon Studios, Inc. (AMEX: TOON) boasts an impressive financial position, with current assets amounting to $114.3 million, working capital of $23.5 million, and total stockholders’ equity of $91.3 million. These strong financial indicators underscore the company’s stability and ability to pursue growth opportunities.
Exciting developments are underway at Kartoon Studios, Inc. (AMEX: TOON), particularly with the highly anticipated premiere of Kartoon Channel!’s, “Shaq’s Garage.” Starring and executive produced by the legendary Shaquille O’Neal, the animated series is set to debut exclusively on Pluto TV, the leading free streaming television service, on June 5th. “Shaq’s Garage” comprises 26 original 11-minute episodes and will be accompanied by a wide range of companion content, influencer collaborations, and a comprehensive social marketing campaign. Genius Brands is also actively developing a robust retail program for “Shaq’s Garage,” expanding the brand’s presence across various consumer product categories.
Thriving While Others Struggle Surviving
Unlike many streaming companies experiencing declining subscriptions, Genius Networks, the parent company of Kartoon Channel!, has witnessed a 6% increase in its subscription base since the fourth quarter of 2022. Additionally, subscriber watch time has surged by 15% during the same period. Furthermore, total trial conversions have increased by 13% compared to the previous year.
Kartoon Studios, Inc. (AMEX: TOON)’s success can be attributed to its customer acquisition framework, which leverages data-driven, agile media execution and identifies optimal subscription platforms. The company’s customer acquisition costs have been significantly reduced by over 75% since 2022. These impressive efficiencies in customer acquisition allow Kartoon Studios, Inc. (AMEX: TOON) to allocate fewer resources to marketing and advertising while driving subscriber growth and revenue.
In line with its commitment to delivering captivating content, Kartoon Studios, Inc. (AMEX: TOON) is set to launch the flagpole STAN LEE and STAN LEE CENTENNIAL, a tribute to the iconic Stan Lee.
The festivities will commence with a documentary on the life of Stan Lee, premiering during the opening weekend of the Tribeca Film Festival on June 10th. Following this, the documentary will be released on Disney+ on June 16th.
Additionally, Kartoon Studios, Inc. (AMEX: TOON) plans to roll out a comprehensive licensing program for Bee and Puppycat, the primary property in its partnership with Toho Studios of Japan, ahead of the Licensing Expo in Las Vegas scheduled for June 13th to 15th.
Kartoon Studios, Inc. (AMEX: TOON)’s strong revenue growth, exciting content offerings, and strategic initiatives position the company for continued success in the children’s entertainment industry. With its robust financial position and a diverse portfolio of engaging properties, Genius Brands is well-positioned to capture the attention of its target audience and drive sustained growth in the future.
Kartoon Studios, Inc. (AMEX: TOON) has successfully executed a series of strategic acquisitions that have significantly bolstered its content creation capabilities and expanded its global distribution reach. These acquisitions, which include WOW Unlimited and Ameba TV, have positioned Genius Brands for accelerated growth and enhanced market penetration in the rapidly evolving children’s entertainment industry.
The acquisition of WOW Unlimited Media, a renowned Canadian media company, has brought tremendous value to Genius Brands. Through this partnership, Genius Brands has gained access to WOW Unlimited’s extensive network of content creators, including its subsidiary Frederator Networks. Frederator Networks, known for producing hit animated series such as “Adventure Time” and “The Fairly OddParents,” has a strong track record of creating compelling and highly successful content for children and young adults. This acquisition has further strengthened Genius Brands’ content library and allowed them to tap into the creative expertise of WOW Unlimited’s talented team.
Additionally, the acquisition of Ameba TV has expanded Genius Brands’ global distribution capabilities. Ameba TV, a pioneering children’s streaming service and Amazon Prime Video Channel, has established itself as a trusted platform for high-quality children’s content. By integrating Ameba TV into its portfolio, Genius Brands has gained a wider reach and the ability to distribute its content to a broader audience.
These strategic acquisitions have not only expanded Genius Brands’ content library, but have also provided access to new markets and distribution channels. By harnessing the creative talent and expertise of WOW Unlimited and leveraging the established distribution network of Ameba TV, Genius Brands is well-positioned to deliver its engaging and enriching content to audiences worldwide.
Furthermore, these acquisitions have laid a solid foundation for future growth and market penetration. Genius Brands can now produce a diverse range of high-quality content and distribute it across multiple platforms, including streaming services, television networks, and digital platforms. The increased content creation capabilities and expanded distribution reach enable Genius Brands to capture a larger share of the children’s entertainment market and capitalize on the growing demand for engaging and educational content.
With a robust content library, a strong distribution network, and a clear strategic vision, Genius Brands is poised to continue its upward trajectory in the children’s media industry. The impressive acquisitions made by the company have not only solidified its position as a key player in the market but have also paved the way for future success and innovation. As Genius Brands continues to build on its acquisitions and leverage its expanded capabilities, it is well-equipped to captivate audiences, drive revenue growth, and establish itself as a global leader in children’s entertainment.
In a bid to propel its growth and expand its market presence, Kartoon Studios, Inc. (AMEX: TOON) has successfully forged valuable partnerships with renowned brands. These strategic collaborations have positioned the company for further success and provided access to new markets and audiences.
One notable partnership is with TOHO Studios of Japan, a powerhouse in the entertainment industry. By joining forces with TOHO Studios, Genius Brands gains a gateway to tap into the vast Japanese market and leverage the extensive expertise of TOHO Studios in content creation and distribution. This collaboration enables both companies to combine their strengths and resources to create captivating and culturally diverse content that resonates with a broader audience base. The partnership with TOHO Studios presents an exciting opportunity for market expansion, enhanced audience engagement, and creative collaborations.
Additionally, Kartoon Studios, Inc. (AMEX: TOON) announced a groundbreaking partnership with Powerkids Entertainment on June 2, 2023. This milestone collaboration marks the launch of the first-ever co-branded kid’s channel by Genius Brands, known as Powerkids Kartoon Channel!. The channel will be made available through various distribution platforms across India and South Asia, bringing high-quality, family-friendly content to young viewers in the region.
By teaming up with Powerkids Entertainment, a trusted name in the children’s entertainment industry, Genius Brands gains access to local expertise, cultural insights, and an established network. This collaboration allows Genius Brands to deliver engaging and educational content that resonates with the diverse audience in India and South Asia. The partnership with Powerkids Entertainment not only expands Genius Brands’ reach into new markets but also enables the company to connect with a broader audience base and create meaningful connections with young viewers and their families.
The strategic partnerships forged by Kartoon Studios, Inc. (AMEX: TOON) demonstrate the company’s commitment to collaborative efforts that unlock new markets, extend its global footprint, and provide access to a diverse range of content. By joining forces with renowned brands like TOHO Studios and Powerkids Entertainment, Kartoon Studios, Inc. (AMEX: TOON) solidifies its position as a leading player in the children’s entertainment industry. The company is well-positioned for continued growth, innovation, and success as it leverages these valuable partnerships to drive its mission of providing high-quality, captivating content to audiences worldwide.
In addition to its valuable partnerships with renowned brands, Kartoon Studios, Inc. (AMEX: TOON) has also collaborated with basketball legend Shaquille O’Neal, further expanding its market presence and enhancing its brand offerings.
Through the collaboration with Shaquille O’Neal, Kartoon Studios, Inc. (AMEX: TOON) has developed the highly anticipated series “Shaq’s Garage,” which showcases the legendary athlete’s passion for cars and adventure. The show, starring and executive produced by Shaquille O’Neal, is set to premiere on Kartoon Channel! and other distribution platforms, captivating audiences with exciting and entertaining content.
Kartoon Studios, Inc. (AMEX: TOON) boasts a robust and highly valuable intellectual property (IP) portfolio that encompasses a wide range of family-friendly content. These IP assets play a pivotal role in driving the company’s success and strengthening its position in the children’s entertainment industry.
One of the standout properties in Kartoon Studios, Inc. (AMEX: TOON)’s IP portfolio is the renowned Stan Lee brand. As a true visionary and creator of some of the most iconic superheroes in the Marvel Universe, Stan Lee’s legacy lives on through the compelling content produced by Genius Brands.
One notable production is “Stan Lee’s Superhero Kindergarten,” a vibrant animated series that brings together the imaginative world of superheroes with the star power of Arnold Schwarzenegger. This series, available on Kartoon Channel!, captivates young viewers with its action-packed adventures and valuable life lessons.
Another exciting addition to Genius Brands’ IP lineup is “Shaq’s Garage,” starring the charismatic basketball legend Shaquille O’Neal. This upcoming series on Kartoon Channel! combines Shaq’s passion for cars and thrilling adventures, delivering a unique blend of entertainment and education for young audiences. With Shaquille O’Neal’s star power and larger-than-life personality, “Shaq’s Garage” is set to captivate viewers and establish itself as a beloved brand within Kartoon Studios, Inc. (AMEX: TOON)’s IP portfolio.
“Rainbow Rangers” is another noteworthy property that highlights the diversity and inclusivity of Genius Brands’ content offerings. This animated series, available on both Kartoon Channel! and Netflix, takes young viewers on exciting adventures with a group of courageous girls who protect the environment and its animal inhabitants. With its vibrant animation, engaging storytelling, and strong positive messaging, “Rainbow Rangers” has garnered a loyal fan base and continues to resonate with audiences worldwide.
Additionally, Genius Brands’ IP portfolio includes “Llama Llama,” a heartwarming animated series based on the beloved children’s books by Anna Dewdney. Starring Jennifer Garner as the voice of Mama Llama, this Netflix original production brings the charming and relatable world of Llama Llama to life, captivating young viewers with its endearing characters and valuable life lessons.
These compelling properties within Kartoon Studios, Inc. (AMEX: TOON)’s IP portfolio highlights the company’s commitment to delivering high-quality, family-friendly content that entertains, educates, and inspires young audiences. By leveraging the star power of renowned personalities like Stan Lee, Arnold Schwarzenegger, Shaquille O’Neal, and Jennifer Garner, Genius Brands continues to expand its IP offerings and engage with a diverse audience base. With an ever-growing portfolio of captivating content, Kartoon Studios, Inc. (AMEX: TOON) is well-positioned for sustained growth and continued success in the dynamic world of children’s entertainment.
The partnership with Shaquille O’Neal not only brings his star power and fan following to Genius Brands, but also leverages his expertise and unique perspective to create compelling programming. With his larger-than-life personality and wide appeal, Shaq adds a valuable dimension to the content portfolio of Genius Brands, further solidifying the company’s position in the children’s entertainment industry.
By partnering with iconic figures like Shaquille O’Neal, Kartoon Studios, Inc. (AMEX: TOON) continues to strengthen its brand offerings, expanding its market reach and engaging with a diverse audience. These strategic collaborations highlight the company’s commitment to delivering high-quality, captivating content that resonates with viewers of all ages.
With the combined force of valuable partnerships, including TOHO Studios, Powerkids Entertainment, and Shaquille O’Neal, Kartoon Studios, Inc. (AMEX: TOON) is poised for continued success in the dynamic world of children’s entertainment.
Kartoon Studios, Inc. (AMEX: TOON) has successfully strengthened its distribution channels and expanded its global reach through the consolidation of its consumer platforms under Genius Networks. This strategic move has positioned the company for increased market penetration and audience engagement.
The consolidation includes the ownership of Kartoon Channel!, a highly acclaimed family entertainment destination that has received rave reviews since its launch in 2020. Kartoon Channel! has consistently been recognized as the top customer-reviewed children’s streaming app on the Apple App Store, offering a diverse range of animated classics, educational programming, and original shows like Stan Lee’s Superhero Kindergarten, KC! Pop Quiz, and Shaq’s Garage. Its availability on multiple platforms, such as iOS, Android, Amazon Prime Video, Apple TV, Roku, and Comcast, ensures widespread accessibility for viewers.
In addition to Kartoon Channel!, Genius Brands’ consolidation under Kartoon Studios, Inc. (AMEX: TOON) also encompasses Ameba, a dedicated children’s video streaming service. Ameba focuses on providing active, engaging, and educational programming that sparks curiosity and fosters skill development in children. By featuring a variety of kids TV shows and music videos, Ameba prepares children for school and life while delivering an enriching viewing experience.
Another significant component of Genius Networks is Frederator, a pioneering force in streaming video and an independent producer of animation for various platforms. Frederator operates a global animation network on YouTube, boasting a network of over 2000 exclusive creators and influencers. With iconic shows like The Fairly OddParents, Adventure Time, and Bee and PuppyCat in its portfolio, Frederator has established a strong reputation in the animation industry and garners billions of views every month.
Through its strategic partnerships, Kartoon Studios, Inc. (AMEX: TOON) has further enhanced its distribution capabilities and expanded its reach across major digital platforms. Collaborations with notable animation creators on platforms like YouTube, Meta, and TikTok have allowed Genius Brands to tap into diverse audiences and cater to various viewing preferences. Additionally, the acquisitions of WOW! Unlimited Media and Ameba TV have expanded the company’s distribution channels, including the pioneering Ameba TV Amazon Prime Video Channel and SVOD service.
With this comprehensive distribution network in place, Kartoon Studios, Inc. (AMEX: TOON) is well-positioned to reach viewers globally through Ad-Free Subscription VOD (SVOD), Ad Supported VOD (AVOD), and Free Ad-Supported Streaming TV (FAST) channels. Leveraging the popularity and success of its platforms, Genius Brands’ collective digital content offerings generate an impressive average of over 1 billion views per month.
To lead this consolidated network and drive growth, Kartoon Studios, Inc. (AMEX: TOON) has appointed Todd Steinman as the President of Genius Networks. Steinman brings extensive experience in digital media and entertainment, having worked at The Walt Disney Company, Warner Brothers, and WPP. His expertise in operations, content, monetization, and distribution will propel Genius Brands’ mission of providing high-quality and engaging family entertainment across various digital platforms.
With a robust global distribution network, a talented leadership team, and a compelling lineup of family-friendly content, Genius Brands is poised for continued success and growth in the children’s entertainment industry. As the demand for digital content continues to rise, Kartoon Studios, Inc. (AMEX: TOON) is well-equipped to capture the attention of its target audience and solidify its position as a leader in the digital age.
Kartoon Studios, Inc. (AMEX: TOON) has announced the launch of its consumer products program for the popular Netflix series, “Bee and PuppyCat,” produced by Frederator Networks. This exciting development comes as Genius Brands signs on new licensing and retail partners to create a range of products targeting tweens, teens, and young adults.
“Bee and PuppyCat” originally gained attention as an animated short and went on to become a highly successful YouTube series on Frederator Network’s Cartoon Hangover Channel. With over 70 million views and a growing fan base of 2.5 million across various social media platforms, the series garnered significant popularity. Capitalizing on this success, Netflix premiered a brand new series called “Bee and PuppyCat Lazy in Space” on September 6, 2022, which quickly topped the “Best New Shows to Watch on Netflix” lists in publications like The New York Times, Forbes, and the LA Times.
To kick off the retail launch, Hot Topic, Inc. recently debuted an exclusive line of “Bee and PuppyCat” apparel online, available on Hot Topic and BoxLunch platforms. These products will also be introduced in select stores later this year. Hot Topic’s VP of Licensing Strategy & Partnerships, Winnie Jaing, expressed confidence in the brand’s appeal and anticipated the line’s expansion beyond apparel.
Kartoon Studios, Inc. (AMEX: TOON) has also secured partnerships with several key licensing partners to create an array of products for the “Bee and PuppyCat” brand.
Sony Music, through its imprint Milan Records, will release the show’s soundtrack globally. BOOM! Studios will produce comics based on the series, while Trends International will offer posters and stickers in the US, Canada, and Mexico.
Toynk will create plush toys for the North American market, while Youtooz will develop collectibles, figures, and plush toys for the US, Canada, Mexico, and the UK. Additionally, Toy Factory will contribute plush toys exclusively for the US and Canada.
Crowdmade has also launched a dedicated online store for “Bee and PuppyCat,” featuring a wide range of merchandise, including apparel, accessories, mugs, posters, plush toys, gifts, collectibles, and home products.
Karen McTier, Licensing Consultant for Genius Brands International, Inc. (Nasdaq: TOON), highlighted the tremendous demand for “Bee and PuppyCat” products and expressed excitement about the brand’s expanding consumer products program. As Genius Brands heads into the Licensing Expo in June, the company aims to explore additional categories such as stationery, publishing, home goods, hardlines, footwear, gaming, electronics, and more. They also plan to pursue promotional partnerships and collaborations to further extend the brand’s reach.
As Kartoon Studios, Inc. (AMEX: TOON) continues to expand its portfolio, the partnership with TOHO International, who acquired a 50% stake in “Bee and PuppyCat,” further enhances the global reach of the property. Genius Brands’ consumer products team will manage the worldwide consumer products program for “Bee and PuppyCat,” excluding Asia, which will be handled by TOHO International.
With the launch of the consumer products program and the enthusiastic response from licensing partners and retailers, “Bee and PuppyCat” is poised to become a beloved brand among fans worldwide. The success of the series, coupled with the expanding consumer products program, sets the stage for even greater opportunities and engagement with the “Bee and PuppyCat” franchise.
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