Funko 2019 results very strong

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Good news for Funko and the fans who love collecting them as the company posts strong 4th quarter and 2019 results, with net sales increasing by 16% to $795m.

Funko has reported its consolidated financial results for the fourth quarter and fiscal year ended December 31st 2019.

Net sales increased 16% to $795.1m; the improvement was primarily driven by an increase in the number of active properties and strength in the US and international markets. Gross profit increased 11% to $282.5m, which included a one-off charge of $16.8m related to the write-down of inventory.

In 2019, the number of active properties increased 20% to 804 from 672 in 2018, while net sales per active property decreased 3%. On a geographical basis, net sales in the United States increased 12% to $523.9m and net sales internationally increased 23% to $271.2m, driven primarily by 32% growth in Europe.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and has been a presence online since webpage Fanta War in 1996. He is the EiC and Daily Content Manager of Fantha Tracks and currently contributes to ILM.com, SkywalkerSound.com, Star Wars – Das Offizielle Magazin, Journal of the Whills and Starburst Magazine, having previously contributed to magazines Star Wars Insider, Geeky Monkey, TV Film Memorabilia, Model and Collectors Mart, partworks Build Darth Vader, Star Wars Encyclopedia, and Build The Millennium Falcon, and websites Jedi.net, Jedi News, StarWars.com, Lightsabre.co.uk, and Wirezone. He is the only podcaster to have appeared on every Celebration podcast stage since it began in 2015 (hosting it four times), and is the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
- Advertisement -
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Good news for Funko and the fans who love collecting them as the company posts strong 4th quarter and 2019 results, with net sales increasing by 16% to $795m.

Funko has reported its consolidated financial results for the fourth quarter and fiscal year ended December 31st 2019.

Net sales increased 16% to $795.1m; the improvement was primarily driven by an increase in the number of active properties and strength in the US and international markets. Gross profit increased 11% to $282.5m, which included a one-off charge of $16.8m related to the write-down of inventory.

In 2019, the number of active properties increased 20% to 804 from 672 in 2018, while net sales per active property decreased 3%. On a geographical basis, net sales in the United States increased 12% to $523.9m and net sales internationally increased 23% to $271.2m, driven primarily by 32% growth in Europe.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and has been a presence online since webpage Fanta War in 1996. He is the EiC and Daily Content Manager of Fantha Tracks and currently contributes to ILM.com, SkywalkerSound.com, Star Wars – Das Offizielle Magazin, Journal of the Whills and Starburst Magazine, having previously contributed to magazines Star Wars Insider, Geeky Monkey, TV Film Memorabilia, Model and Collectors Mart, partworks Build Darth Vader, Star Wars Encyclopedia, and Build The Millennium Falcon, and websites Jedi.net, Jedi News, StarWars.com, Lightsabre.co.uk, and Wirezone. He is the only podcaster to have appeared on every Celebration podcast stage since it began in 2015 (hosting it four times), and is the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
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