Corrects currency to C$ in Bullets 1 and 2 of Outlook
Overview
WildBrain Q1 2026 revenue up 13% yr/yr, driven by Global Licensing growth
Net loss for Q1 2026 including Television widens to C$32.6 mln from C$10.6 mln in Q1 2025
Company ceased Television operations to focus on higher-margin opportunities
Outlook
WildBrain reaffirms FY 2026 revenue of C$560 mln to C$590 mln including Television
Company expects FY 2026 adjusted EBITDA of C$80 mln to C$85 mln including Television
WildBrain anticipates FY 2026 revenue growth of 15% to 20% excluding Television
Result Drivers
GLOBAL LICENSING GROWTH - 29% increase in Global Licensing revenue driven by Peanuts, Strawberry Shortcake, and Teletubbies
TELEVISION EXIT - Ceased operations of WildBrain Television to focus on higher-margin brand, content, and licensing opportunities
PEANUTS PARTNERSHIP - Renewed multi-year partnership with Apple TV for Peanuts, extending through 2030
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
C$125.5 mln
C$126.32 mln (2 Analysts)
Q1 Adjusted EBITDA
C$20.9 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the entertainment production peer group is "buy."
Wall Street's median 12-month price target for WildBrain Ltd is C$2.38, about 39.8% above its November 12 closing price of C$1.43
Press Release: ID:nNFC5qwd4t
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)