GNUS - Genius Brands announces 885% increase in revenue for Q1 2023

2023-05-22 09:41:13 ET

• Genius Brands International ( NASDAQ: GNUS ) reports Q1 2023 revenue increase of 885% Y/Y to $14.2M, compared to $1.4M for the same period last year.
• As of March 31, 2023, Genius Brands had current assets of $114.3M, working capital of $23.5M, and total stockholders’ equity of $91.3M.
• Genius Networks’ subscription base has increased 6% since the 4 ^th quarter of 2022 and subscriber watch time is up 15% for the same period and total trial conversions increased 13% from the end of last year.
• The Co. will also roll out a comprehensive licensing program for Bee and Puppycat, the lead property in the Co.’s partnership with Toho Studios of Japan, prior to the Licensing Expo in Las Vegas June 13 - 15.

For further details see: