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Stock impact report

Major toy company Funko warns it could go bankrupt [Yahoo! Finance]

Funko, Inc. - Class A (FNKO) 
Last funko, inc. - class a earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.funko.com/investor-relations
Company Research Source: Yahoo! Finance
Funko is in trouble, and it isn't the usual retail slump or a bad quarter that some would shrug off as a temporary blip. The company behind Pop figures has laid out numbers that look ugly on their own and even worse when you compare them to last year. The second quarter was the big hit. Funko lost about 41 million dollars, the kind of hole that takes time to climb out of. The third quarter looked calmer but was still in the red, with losses just under a million — sounds gentler until you remember they were making almost 9 million in profit during the same stretch in 2024. Q3 revenue dropped, too, slipping from just under three hundred million to around two hundred fifty million year-over-year. Most of that decline came from the United States, the place that built Funko into what it is. The collectibles company spelled out the situation in an SEC filing that did not sugarcoat the bad news. It said there is real doubt about whether the business can keep going over the next year. Show less Read more
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