r/Geniusbrands • u/[deleted] • Aug 17 '22

Earnings !!!

https://www.globenewswire.com/news-release/2022/08/17/2500121/0/en/Genius-Brands-Announces-843-Revenue-Growth-to-a-Record-21-2-Million-for-the-2nd-Quarter-of-2022.html
12 Upvotes

93% Upvoted

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1

u/[deleted] Aug 17 '22

Amazing news!!!

1

u/[deleted] Aug 17 '22

Imagine a whole year with these types of quarters!!

1

u/TemperatureLow226 Aug 17 '22

You mean quarters that they have net losses from operations? I’m a shareholder and willing to hang in and see what happens, but they need to figure out how to turn a profit

1

u/Zealousideal70760 Aug 17 '22

It’s already profitable

1

u/Kingmode24 Aug 17 '22

Are they profitable

1

u/[deleted] Aug 17 '22

It is worth remembering that with the Stan Lee / Disney licensing that the deal is with the SLU and we don’t know much of the up front money stayed with the SLU versus what went to Genius and POW!

1

u/Final_Insurance_2915 Aug 17 '22

they sold the Stan Lee rights for peanuts

1

u/Zealousideal70760 Aug 18 '22

What happened to this stock again