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WildBrain Reports Q4 and Full Year 2021 Results

WildBrain Reports Q4 and Full Year 2021 Results
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WildBrain Reports Q4 and Full Year 2021 Results

WildBrain Reports Q4 and Full Year 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

WildBrain Reports Q3 2021 Results

WildBrain Reports Q3 2021 Results News provided by Share this article Share this article Revenue increased 4% to $102.2 million in Q3 2021 vs $98.3 million in Q3 2020. YTD 2021 revenue grew to $339.9 million vs $332.7 million in YTD 2020. Net loss improved to $26.5 million in Q3 2021 vs a net loss of $221.7 million in Q3 2020. YTD 2021 net loss of $18.5 million vs a net loss of $240.0 million in YTD 2020. Q3 2021 and YTD 2021 net losses were mainly due to non-cash, non-operating items related to the refinancing and a higher share price impacting the fair value of embedded derivatives. Free Cash Flow was negative $3.3 million in Q3 2021, consistent with Q3 2020. YTD 2021 positive Free Cash Flow was consistent at $17.6 million vs YTD 2020.

WildBrain Reports Q3 2021 Results

WildBrain Reports Q3 2021 Results News provided by Share this article Share this article Revenue increased 4% to $102.2 million in Q3 2021 vs $98.3 million in Q3 2020. YTD 2021 revenue grew to $339.9 million vs $332.7 million in YTD 2020. Net loss improved to $26.5 million in Q3 2021 vs a net loss of $221.7 million in Q3 2020. YTD 2021 net loss of $18.5 million vs a net loss of $240.0 million in YTD 2020. Q3 2021 and YTD 2021 net losses were mainly due to non-cash, non-operating items related to the refinancing and a higher share price impacting the fair value of embedded derivatives. Free Cash Flow was negative $3.3 million in Q3 2021, consistent with Q3 2020. YTD 2021 positive Free Cash Flow was consistent at $17.6 million vs YTD 2020.

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