Thunderbird Entmt Group Inc Stock Price, News & Analysis

Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) reported its fiscal 2024 results, exceeding guidance with a 30% increase in Adjusted EBITDA to $16.7 million. The company targets 20%+ revenue growth in FY 2025. Key financial highlights include:

- Q4 revenue increased 37% year-over-year to $51.8 million
- Annual revenue slightly declined by 1% to $165.3 million
- Q4 AEBITDA rose to $7.0 million from $0.7 million last year
- Annual AEBITDA margin improved to 10.1% from 7.7%

Thunderbird implemented cost-saving measures, delivering over $3 million in savings. The company maintains a strong balance sheet with no corporate debt. After a strategic review, the board decided to focus on executing its current business plan, including potential uplisting to the TSX.

Thunderbird Entertainment Group (TSXV:TBRD, OTC:THBRF) announced that its subsidiary, Atomic Cartoons, is producing a new animated special titled 'The Day You Begin' for PBS KIDS. The 45-minute special is based on the New York Times bestselling picture book by Jacqueline Woodson.

The story follows four kindergartners on their first day of school, highlighting their unique experiences and connections. The special aims to inspire viewers to celebrate their differences while addressing school readiness. Woodson and Dana Chan co-wrote the script, with Kristin Cummings and Jennifer Twiner McCarron serving as Executive Producers.

Thunderbird will manage global media distribution rights and plans to debut the special to international buyers at MIPjunior/MIPCOM in Cannes, France, October 19-24, 2024.

Great Pacific Media (GPM), a Thunderbird Entertainment Group company, has announced that Banijay Rights has acquired segment rights to their hit docuseries Highway Thru Hell. This deal allows Banijay Rights to license, distribute, publish, and broadcast short-form segments from the series, which is preparing for its 14th season. Banijay Rights has already launched an official Highway Thru Hell YouTube channel and is publishing segments on social media platforms, including Facebook.

The series, which debuted on Bell Media's Discovery in 2012, has produced over 200 episodes across 13 seasons and is available in 180 territories. Banijay Rights has also launched a dedicated Highway Thru Hell FAST channel in the UK and Australia. This expansion is expected to strengthen the series' brand and attract new audiences globally.

Thunderbird Entertainment Group has been recognized as one of Canada's Top Growing Companies by The Globe and Mail, ranking No. 316 with a three-year revenue growth of 105%. This marks the second year the company has been included in this prestigious list.

CEO Jennifer Twiner McCarron attributes the company's success to its robust pipeline spanning various genres and demographics, and its reputation as a trusted partner delivering quality content. Thunderbird's productions include popular series like LEGO Pixar Bricktoons, Mermicorno: Starfall, and Marvel's Spidey and His Amazing Friends.

The company also excels in unscripted content and has a dedicated team for global distribution and consumer products. With over 1,200 team members across Vancouver, Ottawa, and Los Angeles, Thunderbird continues to expand its reach and looks forward to future growth.

Thunderbird Entertainment Group Inc. (TSXV:TBRD) (OTCQX:THBRF) has announced its upcoming Fiscal 2024 Q4 and full-year results report, scheduled for release after market close on Wednesday, October 9, 2024. The company will hold a conference call and webcast on Thursday, October 10, at 11 a.m. PT/ 2 p.m. ET.

During the call, CEO Jennifer Twiner McCarron will provide a business operations overview, while CFO Simon Bodymore will present the financial statements. A brief Q&A session will follow the prepared remarks. Interested parties can pre-register for the call or join via webcast or telephone using the provided access details.

Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) has announced multiple sales for two children's series through its distribution arm. BooSnoo!, a Sky Kids Original, has been sold to nine new territories, including Peacock, Tubi, and HappyKids in the U.S. The series, recently named a Common Sense Selection for Families, is a mixed-media, dialogue-free show for kids aged two and up.

Mittens & Pants, a live-action preschool series, has secured additional platforms including Tubi, BeIN, and Alibaba's Youku. The show features the adventures of a kitten and puppy in an all-animal town. Both series will be represented by Thunderbird Distribution at the upcoming MIPjunior/MIPCOM market in Cannes, France, in October 2024.

Thunderbird Entertainment Group (TSXV:TBRD, OTC:THBRF) has acquired global media and consumer products rights to the new preschool series BeddyByes, excluding the UK, Ireland, Denmark, Finland, and Sweden. The 52 x 11-minute CG-animated series, produced by Ireland's JAM Media, is set to debut on CBeebies and BBC iPlayer in spring 2025.

BeddyByes aims to help toddlers and young preschoolers prepare for sleep through a gentle, visually rich journey. The series follows characters MeMo and BaBa through daily routines, promoting good nutrition, mindfulness, and creativity. Thunderbird Distribution will preview BeddyByes to buyers at MIPCOM in October 2024.

Thunderbird Entertainment Group, trading on TSXV as TBRD and OTC as THBRF, announced significant catalogue sales across various genres including scripted, kids and family, and unscripted content.

Highlights include Fuse Media's acquisition of 'Kim’s Convenience' season one and five, Fawesome's pick-up of 'Intelligence,' and several feature films becoming available on Tubi and Pluto (Canada). Additionally, Netflix renewed the U.S. license for 'Some Assembly Required,' and TVO and Knowledge Network acquired 'Molly of Denali' season 2.

Furthermore, Thunderbird amended its credit facilities with the Royal Bank of Canada (RBC), increasing its borrowing capacity to $63 million to support production financing, distribution advances, and day-to-day operations.

Thunderbird Entertainment's Great Pacific Media (GPM) has announced multiple renewals and new productions for 2024 and 2025. The 14th season of 'Highway Thru Hell' has been greenlit, with filming set for winter 2024. Season 13 will premiere on Discovery Canada and The Weather Channel this fall. GPM is also producing 'Sidelined: The QB and Me,' a film based on a popular Wattpad novel, set to debut on Tubi later this year. Additional renewals include 'Timber Titans' and 'Wild Rose Vets,' both heading into their second seasons. 'Deadman's Curse' is also returning for its second season this fall on The History Channel. GPM's CEO, David Way, credited the company's success to its strong teams and network partnerships.