附录99.1
杰克仕太平洋公布2024年第三季度财务业绩报告
Q3净销售较去年同期增加4％；Q3营业收入较去年同期增加9％
加州圣莫尼卡， 2024年10月30日 - JAKKS Pacific, Inc.（纳斯达克：JAKK）今日公布了截至2024年9月30日为止的第三季度和九个月度财务业绩。
2024年第三季总览
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净销售额为3,2160万美元，同比增长4%。 |
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玩具/消费品净销售额为2亿6430万美元，同比增长7% |
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玩具/消费品今年迄今净销售额为$45180万，同比下降2% |
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服装网销售额为5730万美元，同比下降10% |
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今年截至今日成衣净销售额为$10850万，较去年同期下降11%。 |
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毛利率为33.8％，比2023年第三季度下降了70个基点 |
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10880万美元的毛利润，较2023年Q3的10700万美元增加了2% |
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今年迄今总毛利润为17750万美元，较2023年同期的18960万美元下降了6%。 |
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2024年第三季营业收入为6810万美元（占净销售额的21.2%），较2023年第三季的6240万美元（占净销售额的20.1%）有所增加 |
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普通股东应占净利润为5230万美元，每股稀释后净利润为4.64美元，较2023年第三季度的普通股东应占净利润4780万美元，每股稀释后净利润4.53美元高。 |
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调整后归属于普通股股东的净利润（一个非通用会计原则）为5400万美元，或每股稀释后4.79美元，较2023年第3季度的调整后归属于普通股股东的净利润为5010万美元，或每股稀释后4.75美元。 |
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2023年第三季调整后息税折旧及摊销前利润（一项非根据会计准则的衡量指标）为7440万美元，较2023年第三季的6710万美元高。 |
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过去十二个月的调整后EBITDA为5850万美元（占过去十二个月净销售额的8.5%），较截至2023年9月结束的过去十二个月中的7450万美元（净销售额的10.4%）下降。 |
管理层评论
我们很高兴分享非常强劲的第三季度业绩。多年来，我们最大的航运季度一直是第三季，这是由我们对 FOB 销售模式的重点推动所致。今年也不例外，美国业务创下了过去十年来最大的航运季度。年度计划正在顺利达成目标。在某些较困难的上半年营业收入比较基数之后，公司整体销售额同比增长 4%。我们的毛利率保持在强劲的 33.8%，与与业务相关的成本增长减缓，实现营业利润率达到 21.2%，轻微优于去年同期。我们的玩具/消费品部门在本季度均实现销售增长。娃娃、角色扮演/换装增长了 5.5%，达到14690万美元，动作玩具和收藏品增长了 5.4%，达到9880万美元，户外/季节性玩具增长了 42.4%，达到1870万美元。
「我们的服装业务如预期的那样，由于客户重新校准以应对与前一年相比更低的万圣节消费需求，反映了软弱的情况。在该季度，全球服装业务下降了10.1％，而全年下降了11.3％。」
我们对消费者对我们2024年秋季新产品的早期反应感到鼓舞。我们现在对按计划完成今年并利用零售动能以交付强劲的2025年感到自信。
2024年第三季度和截至目前年度的额外亮点
全球玩具/消费品部门销售额增长7％（北美6.4％；国际11.5％），而化装服装的销售额与去年相比下降10％（北美-11.6％；国际6.5％）。
截至今年迄今，经调整后可归属于普通股股东的净利润（一项非通用会计原则）为5000万美元（每股摊薄$4.50），较2023年前九个月的5940万美元（每股摊薄$5.66）下降。
截至今年为止，调整后的EBITDA为6940万美元（占净销售额的12.4%），较2023年同期的8660万美元（占净销售额的14.8%）有所下降。
资产负债表亮点
公司截至2024年9月30日的现金及现金等价物（包括受限现金）总计为2230万美元，相较于2023年9月30日的9640万美元，以及2023年12月31日的7260万美元。
库存为6,350万美元，截至2023年9月30日为6,880万美元，截至2023年12月31日为5,260万美元。
使用非依照会计准则之财务资讯及将依照会计准则转换为非依照会计准则之措施：
除了根据美国通用会计准则报告的初步结果外，该公司还提供了某些非通用会计金融信息，包括调整后的EBITDA和调整后的净利润（损失），不包括详细列在财务表格和附带注脚中说明的各种项目对应这份报告中GAAP与非GAAP结果的对比。新闻稿中包含的非通用会计金融指标已按照证券交易委员会关于使用非通用会计金融指标的规定与下列相应的通用会计金融指标进行了对帐。
我们将调整后的EBITDA定义为从业务中的利润（损失）不计折旧、摊销和调整某些非递延和非现金费用，例如重组费用和受限股票补偿费用。净利润（损失）也经过调整并经过税后处理，得出调整后的净利润（损失）。调整后的EBITDA和调整后的净利润（损失）在GAAP下并非公认的财务指标，但我们认为它们有助于衡量我们的营运表现，提升对公司过去财务表现的整体理解，并透过在一致基础上比较我们在报告期间的表现，为投资者提供有用的信息。投资者不应孤立地考虑这些指标，也不应将其视为净利润、营业利润或任何根据GAAP计算的其他度量指标的替代。此外，由于这些指标未根据GAAP计算，它们可能不一定与其他公司使用的同样标题的指标可比较。
新闻稿中包含的非GAAP财务指标已按照证券交易委员会关于使用非GAAP财务指标的规则要求与相应的GAAP财务指标进行了调整。有关使用非GAAP财务信息的其他披露请参见“使用非GAAP财务信息”。
会议看涨现场网路直播
JAKKS Pacific, Inc.邀请分析师、投资者及媒体参与预定于2024年10月30日下午5:00 Et / 下午2:00 Pt的电话会议。有关通话的现场网路转播将在该公司网站“投资者关系”页面www.jakks.com/investors上提供。为了透过电话接听本次通话，请前往此连结（3Q24 注册连结），您将会获得拨入详情。为避免延误，我们建议参与者提前十五分钟拨入会议。网路转播的重播亦将在www.jakks.com/investors提供一段有限时间。).
关于杰克仕太平洋公司。
杰克仕太平洋公司是一家领先的玩具和消费产品的设计、制造和营销公司，总部位于加利福尼亚州的圣莫尼卡。杰克仕太平洋的热门自主品牌包括：AirTitans®、Disguise®、Fly Wheels®、杰克仕野外游戏®、Moose Mountain®、Maui®、Perfectly Cute®、ReDo®滑板公司、Sky Ball®、SportsZone™、Xtreme Power Dozer®、WeeeDo®和Wild Manes™，以及一系列以娱乐为灵感的产品，涵盖主要的许可产权。通过我们的产品和慈善捐赠，杰克仕正在帮助改善儿童的生活。请访问我们的网站 www.jakks.com，并在Instagram（@jakkspacific.toys）、Twitter（@jakkstoys）和Facebook（@jakkspacific.toys）上关注我们。
Forward Looking Statements
本新闻稿可能包含“前瞻性陈述”（依据1995年《私人证券诉讼改革法》的定义），这些陈述基于当前的期望、估计和对杰克仕太平洋业务的预测，部分基于其管理层所做的假设。这些陈述并不是对未来业绩的保证，并且涉及风险、不确定性以及难以预测的假设。因此，实际结果和结果可能与这些陈述中所表达或预测的内容存在重大差异，原因包括但不限于上述所述因素、杰克仕太平洋产品需求的变化、产品组合、客户订单和交付的时机、竞争产品和定价的影响，或者资本重组交易或任何未来交易是否将导致杰克仕的未来增长或成功。此处包含的“前瞻性陈述”仅在作出之日有效，杰克仕没有义务更新任何陈述，以反映此发布后的事件或情况。
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联系方式: |
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杰克仕太平洋投资者关系 |
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(424) 268-9567 卢卡斯·纳塔利尼 investors@jakks.net |
杰克仕太平洋公司及其子公司
简化合并资产负债表（未经审计）
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September 30, |
December 31, |
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2024 |
2023 |
2023 |
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(In thousands) |
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Assets |
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Current assets: |
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Cash and cash equivalents |
$ | 22,070 | $ | 96,252 | $ | 72,350 | ||||||
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Restricted cash |
214 | 195 | 204 | |||||||||
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Accounts receivable, net |
290,424 | 206,751 | 123,797 | |||||||||
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Inventory |
63,509 | 68,832 | 52,647 | |||||||||
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Prepaid expenses and other assets |
8,082 | 6,721 | 6,374 | |||||||||
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Total current assets |
384,299 | 378,751 | 255,372 | |||||||||
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Property and equipment |
144,072 | 135,821 | 135,956 | |||||||||
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Less accumulated depreciation and amortization |
128,947 | 121,193 | 121,357 | |||||||||
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Property and equipment, net |
15,125 | 14,628 | 14,599 | |||||||||
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Operating lease right-of-use assets, net |
19,242 | 25,743 | 23,592 | |||||||||
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Deferred income tax assets, net |
68,187 | 57,856 | 68,143 | |||||||||
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Goodwill |
35,102 | 35,083 | 35,083 | |||||||||
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Other long-term assets |
1,923 | 2,220 | 2,162 | |||||||||
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Total assets |
$ | 523,878 | $ | 514,281 | $ | 398,951 | ||||||
| Liabilities, Preferred Stock and Stockholders' Equity | ||||||||||||
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Current liabilities: |
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Accounts payable |
$ | 98,928 | $ | 94,409 | $ | 42,177 | ||||||
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Accounts payable - Meisheng (related party) |
35,011 | 27,977 | 12,259 | |||||||||
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Accrued expenses |
71,748 | 65,609 | 45,102 | |||||||||
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Reserve for sales returns and allowances |
40,837 | 43,512 | 38,531 | |||||||||
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Income taxes payable |
- | 17,422 | 3,785 | |||||||||
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Short term operating lease liabilities |
7,405 | 6,415 | 7,380 | |||||||||
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Total current liabilities |
253,929 | 255,344 | 149,234 | |||||||||
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Long term operating lease liabilities |
14,536 | 19,283 | 16,666 | |||||||||
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Accrued expenses - long term |
1,824 | 3,750 | 3,746 | |||||||||
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Preferred stock derivative liability |
- | 28,586 | 29,947 | |||||||||
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Income taxes payable |
3,523 | 2,994 | 3,245 | |||||||||
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Total liabilities |
273,812 | 309,957 | 202,838 | |||||||||
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Preferred stock accrued dividends |
- | 5,608 | 5,992 | |||||||||
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Stockholders' equity: |
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Common stock, $.001 par value |
11 | 10 | 10 | |||||||||
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Additional paid-in capital |
295,400 | 277,546 | 278,642 | |||||||||
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Accumulated deficit |
(30,579 | ) | (62,744 | ) | (73,612 | ) | ||||||
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Accumulated other comprehensive loss |
(15,266 | ) | (16,808 | ) | (15,627 | ) | ||||||
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Total JAKKS Pacific, Inc. stockholders' equity |
249,566 | 198,004 | 189,413 | |||||||||
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Non-controlling interests |
500 | 712 | 708 | |||||||||
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Total stockholders' equity |
250,066 | 198,716 | 190,121 | |||||||||
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Total liabilities, preferred stock and stockholders' equity |
$ | 523,878 | $ | 514,281 | $ | 398,951 | ||||||
Supplemental Balance Sheet and Cash Flow Data (Unaudited)
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September 30, |
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Key Balance Sheet Data: |
2024 |
2023 |
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Accounts receivable days sales outstanding (DSO) |
83 | 61 | ||||||
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Inventory turnover (DSI) |
27 | 31 | ||||||
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Nine Months Ended September 30, |
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Condensed Cash Flow Data: |
2024 |
2023 |
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Cash flows provided by (used in) operating activities |
$ | (15,181 | ) | $ | 89,421 | |||
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Cash flows used in investing activities |
(8,989 | ) | (7,427 | ) | ||||
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Cash flows used in financing activities and other |
(26,100 | ) | (71,037 | ) | ||||
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Increase in cash, cash equivalents and restricted cash |
$ | (50,270 | ) | $ | 10,957 | |||
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Capital expenditures |
$ | (7,344 | ) | $ | (7,464 | ) | ||
JAKKS Pacific, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
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Three Months Ended September 30, |
Nine Months Ended September 30, |
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2024 |
2023 |
Δ (%) |
2024 |
2023 |
Δ (%) |
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(In thousands, except per share data) |
(In thousands, except per share data) |
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Net sales |
$ | 321,606 | $ | 309,744 | 4 | % | $ | 560,301 | $ | 584,161 | (4 | )% | ||||||||||||
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Less: Cost of sales |
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Cost of goods |
158,770 | 149,052 | 7 | 289,190 | 293,512 | (1 | ) | |||||||||||||||||
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Royalty expense |
50,011 | 51,141 | (2 | ) | 86,181 | 95,074 | (9 | ) | ||||||||||||||||
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Amortization of tools and molds |
3,994 | 2,566 | 56 | 7,462 | 5,955 | 25 | ||||||||||||||||||
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Cost of sales |
212,775 | 202,759 | 5 | 382,833 | 394,541 | (3 | ) | |||||||||||||||||
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Gross profit |
108,831 | 106,985 | 2 | 177,468 | 189,620 | (6 | ) | |||||||||||||||||
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Direct selling expenses |
7,552 | 10,684 | (29 | ) | 21,904 | 22,405 | (2 | ) | ||||||||||||||||
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General and administrative expenses |
33,101 | 33,821 | (2 | ) | 100,887 | 92,492 | 9 | |||||||||||||||||
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Depreciation and amortization |
95 | 81 | 17 | 275 | 276 | - | ||||||||||||||||||
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Selling, general and administrative expenses |
40,748 | 44,586 | (9 | ) | 123,066 | 115,173 | 7 | |||||||||||||||||
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Income from operations |
68,083 | 62,399 | 9 | 54,402 | 74,447 | (27 | ) | |||||||||||||||||
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Other income (expense): |
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Loss from joint ventures |
- | - | - | - | (565 | ) | nm | |||||||||||||||||
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Other income (expense), net |
84 | (52 | ) | nm | 294 | 424 | (31 | ) | ||||||||||||||||
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Change in fair value of preferred stock derivative liability |
- | (793 | ) | nm | - | (6,668 | ) | nm | ||||||||||||||||
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Loss on debt extinguishment |
- | - | - | - | (1,023 | ) | nm | |||||||||||||||||
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Interest income |
69 | 384 | (82 | ) | 533 | 587 | (9 | ) | ||||||||||||||||
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Interest expense |
(539 | ) | (1,436 | ) | (62 | ) | (938 | ) | (5,741 | ) | (84 | ) | ||||||||||||
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Income before provision for income taxes |
67,697 | 60,502 | 12 | 54,291 | 61,461 | (12 | ) | |||||||||||||||||
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Provision for income taxes |
15,425 | 12,381 | 25 | 10,978 | 12,476 | (12 | ) | |||||||||||||||||
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Net income |
52,272 | 48,121 | 9 | 43,313 | 48,985 | (12 | ) | |||||||||||||||||
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Net income (loss) attributable to non-controlling interests |
- | (11 | ) | nm | 280 | (289 | ) | nm | ||||||||||||||||
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Net income attributable to JAKKS Pacific, Inc. |
$ | 52,272 | $ | 48,132 | 9 | % | $ | 43,033 | $ | 49,274 | (13 | )% | ||||||||||||
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Net income attributable to common stockholders |
$ | 52,272 | $ | 47,754 | 9 | % | $ | 44,363 | $ | 48,156 | (8 | )% | ||||||||||||
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Earnings per share - basic |
$ | 4.78 | $ | 4.77 | $ | 4.14 | $ | 4.85 | ||||||||||||||||
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Shares used in earnings per share - basic |
10,942 | 10,021 | 10,704 | 9,922 | ||||||||||||||||||||
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Earnings per share - diluted |
$ | 4.64 | $ | 4.53 | $ | 3.99 | $ | 4.58 | ||||||||||||||||
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Shares used in earnings per share - diluted |
11,275 | 10,542 | 11,106 | 10,503 | ||||||||||||||||||||
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Three Months Ended September 30, |
Nine Months Ended September 30, |
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2024 |
2023 |
Δ bps |
2024 |
2023 |
Δ bps |
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Fav/(Unfav) |
Fav/(Unfav) |
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Net sales |
100.0 | % | 100.0 | % | - | 100.0 | % | 100.0 | % | - | ||||||||||||||
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Less: Cost of sales |
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Cost of goods |
49.4 | 48.2 | (120 | ) | 51.6 | 50.2 | (140 | ) | ||||||||||||||||
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Royalty expense |
15.6 | 16.5 | 90 | 15.4 | 16.3 | 90 | ||||||||||||||||||
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Amortization of tools and molds |
1.2 | 0.8 | (40.0 | ) | 1.3 | 1.0 | (30 | ) | ||||||||||||||||
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Cost of sales |
66.2 | 65.5 | (70 | ) | 68.3 | 67.5 | (80 | ) | ||||||||||||||||
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Gross profit |
33.8 | 34.5 | (70 | ) | 31.7 | 32.5 | (80 | ) | ||||||||||||||||
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Direct selling expenses |
2.3 | 3.5 | 120 | 3.9 | 3.8 | (10 | ) | |||||||||||||||||
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General and administrative expenses |
10.3 | 10.9 | 60 | 18.1 | 15.9 | (220 | ) | |||||||||||||||||
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Depreciation and amortization |
- | - | - | - | 0.1 | 10 | ||||||||||||||||||
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Selling, general and administrative expenses |
12.6 | 14.4 | 180 | 22.0 | 19.8 | (220 | ) | |||||||||||||||||
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Income from operations |
21.2 | 20.1 | 110 | 9.7 | 12.7 | (300 | ) | |||||||||||||||||
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Other income (expense): |
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Loss from joint ventures |
- | - | - | (0.1 | ) | |||||||||||||||||||
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Other income (expense), net |
- | - | 0.1 | 0.1 | ||||||||||||||||||||
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Change in fair value of preferred stock derivative liability |
- | (0.3 | ) | - | (1.1 | ) | ||||||||||||||||||
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Loss on debt extinguishment |
- | - | - | (0.2 | ) | |||||||||||||||||||
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Interest income |
- | 0.1 | 0.1 | 0.1 | ||||||||||||||||||||
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Interest expense |
(0.2 | ) | (0.4 | ) | (0.2 | ) | (1.0 | ) | ||||||||||||||||
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Income before provision for income taxes |
21.0 | 19.5 | 9.7 | 10.5 | ||||||||||||||||||||
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Provision for income taxes |
4.7 | 4.0 | 2.0 | 2.1 | ||||||||||||||||||||
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Net income |
16.3 | 15.5 | 7.7 | 8.4 | ||||||||||||||||||||
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Net income (loss) attributable to non-controlling interests |
- | - | - | - | ||||||||||||||||||||
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Net income attributable to JAKKS Pacific, Inc. |
16.3 | % | 15.5 | % | 7.7 | % | 8.4 | % | ||||||||||||||||
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Net income attributable to common stockholders |
16.3 | % | 15.4 | % | 7.9 | % | 8.2 | % | ||||||||||||||||
JAKKS Pacific, Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Information (Unaudited)
|
Three Months Ended September 30, |
Nine Months Ended September 30, |
|||||||||||||||||||||||
|
2024 |
2023 |
Δ ($) |
2024 |
2023 |
Δ ($) |
|||||||||||||||||||
|
(In thousands) |
(In thousands) | |||||||||||||||||||||||
|
EBITDA and Adjusted EBITDA |
||||||||||||||||||||||||
|
Net income |
$ | 52,272 | $ | 48,121 | $ | 4,151 | $ | 43,313 | $ | 48,985 | $ | (5,672 | ) | |||||||||||
|
Interest expense |
539 | 1,436 | (897 | ) | 938 | 5,741 | (4,803 | ) | ||||||||||||||||
|
Interest income |
(69 | ) | (384 | ) | 315 | (533 | ) | (587 | ) | 54 | ||||||||||||||
|
Provision for income taxes |
15,425 | 12,381 | 3,044 | 10,978 | 12,476 | (1,498 | ) | |||||||||||||||||
|
Depreciation and amortization |
4,089 | 4,398 | (309 | ) | 7,737 | 7,982 | (245 | ) | ||||||||||||||||
|
EBITDA |
72,256 | 65,952 | 6,304 | 62,433 | 74,597 | (12,164 | ) | |||||||||||||||||
|
Adjustments: |
||||||||||||||||||||||||
|
Loss from joint ventures (JAKKS Pacific, Inc. - 51%) |
- | - | - | - | 276 | (276 | ) | |||||||||||||||||
|
Loss from joint ventures (Meisheng - 49%) |
- | - | - | - | 289 | (289 | ) | |||||||||||||||||
|
Other (income) expense, net |
(84 | ) | 52 | (136 | ) | (294 | ) | (424 | ) | 130 | ||||||||||||||
|
Restricted stock compensation expense |
2,186 | 2,025 | 161 | 7,280 | 5,970 | 1,310 | ||||||||||||||||||
|
Change in fair value of preferred stock derivative liability |
- | 793 | (793 | ) | - | 6,668 | (6,668 | ) | ||||||||||||||||
|
Loss on debt extinguishment |
- | - | - | - | 1,023 | (1,023 | ) | |||||||||||||||||
|
Adjusted EBITDA |
$ | 74,358 | $ | 67,071 | $ | 7,287 | $ | 69,419 | $ | 86,648 | $ | (17,229 | ) | |||||||||||
|
Adjusted EBITDA/Net sales % |
23.1 | % | 21.7 | % |
140 bps |
12.4 | % | 14.8 | % |
-240 bps |
||||||||||||||
|
Trailing Twelve Months Ended |
||||||||||||||
|
2024 |
2023 |
Δ ($) |
||||||||||||
|
(In thousands) |
||||||||||||||
|
TTM EBITDA and TTM Adjusted EBITDA |
||||||||||||||
|
TTM net income |
$ | 32,441 | $ | 87,094 | $ | (54,653 | ) | |||||||
|
Interest expense |
1,648 | 8,035 | (6,387 | ) | ||||||||||
|
Interest income |
(1,290 | ) | (650 | ) | (640 | ) | ||||||||
|
Provision for (benefit from) income taxes |
5,335 | (41,855 | ) | 47,190 | ||||||||||
|
Depreciation and amortization |
10,091 | 9,934 | 157 | |||||||||||
|
TTM EBITDA |
48,225 | 62,558 | (14,333 | ) | ||||||||||
|
Adjustments: |
||||||||||||||
|
Loss from joint ventures (JAKKS Pacific, Inc. - 51%) |
- | 276 | (276 | ) | ||||||||||
|
Loss from joint ventures (Meisheng - 49%) |
- | 289 | (289 | ) | ||||||||||
|
Other (income) expense, net |
(433 | ) | (701 | ) | 268 | |||||||||
|
Restricted stock compensation expense |
9,337 | 7,616 | 1,721 | |||||||||||
|
Change in fair value of preferred stock derivative liability |
1,361 | 5,239 | (3,878 | ) | ||||||||||
|
Molds and tooling capitalization |
- | (1,751 | ) | 1,751 | ||||||||||
|
Loss on debt extinguishment |
- | 1,023 | (1,023 | ) | ||||||||||
|
TTM Adjusted EBITDA |
$ | 58,490 | $ | 74,549 | $ | (16,059 | ) | (22 | )% | |||||
|
TTM Adjusted EBITDA/TTM Net sales % |
8.5 | % | 10.4 | % |
-190 bps |
|||||||||
|
Three Months Ended September 30, |
Nine Months Ended September 30, |
|||||||||||||||||||||||
|
2024 |
2023 |
Δ ($) |
2024 |
2023 |
Δ ($) |
|||||||||||||||||||
|
(In thousands, except per share data) |
(In thousands, except per share data) |
|||||||||||||||||||||||
|
Adjusted net income attributable to common stockholders |
||||||||||||||||||||||||
|
Net income attributable to common stockholders |
$ | 52,272 | $ | 47,754 | $ | 4,518 | $ | 44,363 | $ | 48,156 | $ | (3,793 | ) | |||||||||||
|
Restricted stock compensation expense |
2,186 | 2,025 | 161 | 7,280 | 5,970 | 1,310 | ||||||||||||||||||
|
Change in fair value of preferred stock derivative liability |
- | 793 | (793 | ) | - | 6,668 | (6,668 | ) | ||||||||||||||||
|
Loss on debt extinguishment |
- | - | - | - | 1,023 | (1,023 | ) | |||||||||||||||||
|
Loss from joint ventures (JAKKS Pacific, Inc. - 51%) |
- | - | - | - | 276 | (276 | ) | |||||||||||||||||
|
2021 BSP Term Loan prepayment penalty |
- | - | - | - | 150 | (150 | ) | |||||||||||||||||
|
Molds and Tooling capitalization |
- | (1,751 | ) | 1,751 | - | (1,751 | ) | 1,751 | ||||||||||||||||
|
Tax impact of additional charges |
(494 | ) | 1,268 | (1,762 | ) | (1,681 | ) | (1,079 | ) | (602 | ) | |||||||||||||
|
Adjusted net income attributable to common stockholders |
$ | 53,964 | $ | 50,089 | $ | 3,875 | $ | 49,962 | $ | 59,413 | $ | (9,451 | ) | |||||||||||
|
Adjusted earnings per share - basic & diluted |
$ | 4.93 | $ | 5.00 | $ | (0.07 | ) | $ | 4.67 | $ | 5.99 | $ | (1.32 | ) | ||||||||||
|
Shares used in adjusted earnings per share - basic |
10,942 | 10,021 | 921 | 10,704 | 9,922 | 782 | ||||||||||||||||||
|
Adjusted earnings per share - diluted |
$ | 4.79 | $ | 4.75 | $ | 0.04 | $ | 4.50 | $ | 5.66 | $ | (1.16 | ) | |||||||||||
|
Shares used in adjusted earnings per share - diluted |
11,275 | 10,542 | 733 | 11,106 | 10,503 | 603 | ||||||||||||||||||
JAKKS Pacific, Inc. and Subsidiaries
Net Sales by Division and Geographic Region
|
(In thousands) |
QTD Q3 |
(In thousands) |
YTD Q3 |
|||||||||||||||||||||||||||||
|
Divisions |
2024 |
2023 |
2022 |
% Change |
% Change |
Divisions |
2024 |
2023 |
2022 |
% Change |
% Change |
|||||||||||||||||||||
|
Toys/Consumer Products |
$ | 264,306 | $ | 246,004 | $ | 269,607 | 7.4 | % | -8.8 | % |
Toys/Consumer Products |
$ | 451,786 | $ | 461,831 | $ | 529,590 | -2.2 | % | -12.8 | % | |||||||||||
|
Dolls, Role-Play/Dress Up |
146,893 | 139,177 | 190,452 | 5.5 | % | -26.9 | % |
Dolls, Role-Play/Dress Up |
251,075 | 246,689 | 354,644 | 1.8 | % | -30.4 | % | |||||||||||||||||
| Action Play & Collectibles | 98,750 | 93,717 | 65,752 | 5.4 | % | 42.5 | % |
Action Play & Collectibles |
168,313 | 184,134 | 134,620 | -8.6 | % | 36.8 | % | |||||||||||||||||
|
Outdoor/Seasonal Toys |
18,663 | 13,110 | 13,403 | 42.4 | % | -2.2 | % |
Outdoor/Seasonal Toys |
32,398 | 31,008 | 40,326 | 4.5 | % | -23.1 | % | |||||||||||||||||
|
Costumes |
$ | 57,300 | $ | 63,740 | $ | 53,391 | -10.1 | % | 19.4 | % |
Costumes |
$ | 108,515 | $ | 122,330 | $ | 134,711 | -11.3 | % | -9.2 | % | |||||||||||
|
Total |
$ | 321,606 | $ | 309,744 | $ | 322,998 | 3.8 | % | -4.1 | % |
Total |
$ | 560,301 | $ | 584,161 | $ | 664,301 | -4.1 | % | -12.1 | % | |||||||||||
|
(In thousands) |
QTD Q3 |
(In thousands) |
YTD Q3 |
|||||||||||||||||||||||||||||
|
Regions |
2024 |
2023 |
2022 |
% Change |
% Change |
Regions |
2024 |
2023 |
2022 |
% Change |
% Change |
|||||||||||||||||||||
|
United States |
$ | 255,278 | $ | 244,931 | $ | 253,854 | 4.2 | % | -3.5 | % |
United States |
$ | 451,545 | $ | 461,561 | $ | 543,388 | -2.2 | % | -15.1 | % | |||||||||||
|
Europe |
30,034 | 31,676 | 38,075 | -5.2 | % | -16.8 | % |
Europe |
46,033 | 58,476 | 65,911 | -21.3 | % | -11.3 | % | |||||||||||||||||
|
Latin America |
22,632 | 15,319 | 9,504 | 47.7 | % | 61.2 | % |
Latin America |
33,867 | 27,590 | 15,712 | 22.8 | % | 75.6 | % | |||||||||||||||||
|
Canada |
7,068 | 11,453 | 12,804 | -38.3 | % | -10.6 | % |
Canada |
16,726 | 22,306 | 21,720 | -25.0 | % | 2.7 | % | |||||||||||||||||
|
Asia |
2,345 | 3,192 | 4,294 | -26.5 | % | -25.7 | % |
Asia |
4,578 | 6,403 | 8,733 | -28.5 | % | -26.7 | % | |||||||||||||||||
|
Australia & New Zealand |
3,339 | 2,692 | 3,941 | 24.0 | % | -31.7 | % |
Australia & New Zealand |
6,292 | 6,056 | 7,014 | 3.9 | % | -13.7 | % | |||||||||||||||||
|
Middle East & Africa |
910 | 481 | 526 | 89.2 | % | -8.6 | % |
Middle East & Africa |
1,260 | 1,769 | 1,823 | -28.8 | % | -3.0 | % | |||||||||||||||||
|
Total |
$ | 321,606 | $ | 309,744 | $ | 322,998 | 3.8 | % | -4.1 | % |
Total |
$ | 560,301 | $ | 584,161 | $ | 664,301 | -4.1 | % | -12.1 | % | |||||||||||
|
(In thousands) |
QTD Q3 |
(In thousands) |
YTD Q3 |
|||||||||||||||||||||||||||||
|
Regions |
2024 |
2023 |
2022 |
% Change |
% Change |
Regions |
2024 |
2023 |
2022 |
% Change |
% Change |
|||||||||||||||||||||
|
North America |
$ | 262,346 | $ | 256,384 | $ | 266,658 | 2.3 | % | -3.9 | % |
North America |
$ | 468,271 | $ | 483,867 | $ | 565,108 | -3.2 | % | -14.4 | % | |||||||||||
|
International |
59,260 | 53,360 | 56,340 | 11.1 | % | -5.3 | % |
International |
92,030 | 100,294 | 99,193 | -8.2 | % | 1.1 | % | |||||||||||||||||
|
Total |
$ | 321,606 | $ | 309,744 | $ | 322,998 | 3.8 | % | -4.1 | % |
Total |
$ | 560,301 | $ | 584,161 | $ | 664,301 | -4.1 | % | -12.1 | % | |||||||||||