JAKKS Pacific (NASDAQ:JAKK) Full Year 2024 Results
Key Financial Results
- Revenue: US$691.0m (down 2.9% from FY 2023).
- Net income: US$35.3m (down 4.5% from FY 2023).
- Profit margin: 5.1% (down from 5.2% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: US$3.27 (down from US$3.70 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JAKKS Pacific EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%.
The primary driver behind last 12 months revenue was the Toys/Consumer Products segment contributing a total revenue of US$570.0m (82% of total revenue). Notably, cost of sales worth US$468.4m amounted to 68% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$132.8m (71% of total expenses). Explore how JAKK's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Leisure industry in the US.
Performance of the American Leisure industry.
The company's shares are down 5.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on JAKKS Pacific's balance sheet health.
If you're looking to trade JAKKS Pacific, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.
With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.
Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.
Sponsored ContentNew: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:JAKK
JAKKS Pacific
Designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide.
Flawless balance sheet and undervalued.
