Genius Brands Announces 843% Revenue Growth to a Record $21.2 Million for the 2nd Quarter of 2022
The Company achieved revenue growth of 843% to a record $21.2 million for the three months ended June 30, 2022, compared to the same period last year.
- The Company achieved revenue growth of 843% to a record $21.2 million for the three months ended June 30, 2022, compared to the same period last year.
- The revenue increase reflects the inclusion of WOW!, which was acquired by Genius Brands in April 2022, and Ameba, which was acquired in January of 2022.
- Genius Brands continues to maintain a solid balance sheet with a substantial cash position to internally fund growth.
- For the second quarter, we achieved over $21 million in revenues, an 843% increase versus the same period last year.