Funko $5.4M Settlement Aims to End Up-C “Double Dip” Fight
Funko Inc. and its public investors have agreed to a $5.4 million settlement to resolve a lawsuit accusing private equity backers and management of unfairly benefiting from the company's Up-C structure. The dispute centered on alleged "double-dipping" by pre-IPO owners who collected tax distributions and then reaped further benefits when swapping LLC units for Class A shares. The settlement aims to fully resolve all claims, though defendants deny any wrongdoing.
Funko To Pay $5.4M To Settle Del. Stockholder Suit
Toy company Funko Inc. has agreed to a $5.4 million settlement to resolve a class-action lawsuit filed by its public stockholders in the Delaware Chancery Court. The lawsuit accused the company's private equity sponsors and top executives of improperly using its Up-C structure to reduce value for Class A shareholders. This settlement aims to resolve the complex litigation.
Funko, Inc. Announces Amendment and Extension of Existing Credit Agreement
Funko, Inc. has announced the successful amendment and extension of its credit agreement, extending the maturity date from September 17, 2026, to December 31, 2027. This amendment also involves modifications to certain financial covenants and revisions to pricing terms. The company, known for its pop culture consumer products, continues to manage its financial structure.
9th Circ. Reopens Funko Investors' Securities Class Action
A Ninth Circuit panel has revived a proposed securities class action against Funko Inc. and two former executives. The court ruled that shareholders sufficiently alleged that some company statements regarding its handling of millions of dollars of dead inventory were false and misleading.
Funko, Inc.'s (NASDAQ:FNKO) Shares Leap 29% Yet They're Still Not Telling The Full Story
Funko, Inc.'s shares saw a 29% surge last month, yet the company's price-to-sales (P/S) ratio remains low at 0.2x, significantly below the Leisure industry average. This low P/S ratio, despite analysts forecasting a 4.1% revenue climb in the coming year (comparable to industry growth), suggests market skepticism regarding future revenue or concerns about volatility, following recent declines of 11% in the last year and 30% over three years. Investors are advised to investigate further to understand if the low P/S is justified.
Funko (NASDAQ:FNKO) Has Debt But No Earnings; Should You Worry?
Funko (NASDAQ:FNKO) is carrying significant debt, with net debt of US$201.8m as of September 2025, and reported a loss of US$45m at the EBIT level alongside an 11% revenue drop to US$929m. The company's liabilities of US$348.0m outweigh its cash and near-term receivables, raising concerns given its current market capitalization of US$175.0m. Analysts suggest that the company would require major recapitalization if creditors demanded payment immediately, emphasizing the need for quick operational improvement.
BBW: 3Q Review: Tariffs To Be Even Further Drag into FY26; Lowering EPS & PT
Research Tree is reiterating its Buy rating for Build-A-Bear Workshop (BBW) but has lowered its price target to $65 from $75. This adjustment follows BBW's 3Q report, which showed solid EBITDA and EPS upside, but weaker revenue and significant projected tariff impacts into the first half of FY26. Tariffs are expected to materially affect operating results and lead to a significant decline in gross margins if offsets are not found.
Funko (FNKO) Q3 2025 Earnings: Profitability Beats Estimates, Stock Rises 10% - News and Statistics
Funko (NASDAQ: FNKO) saw its stock jump 9.8% after reporting strong Q3 2025 financial results. Despite a 14.3% drop in net sales to $250.9 million, missing forecasts, the company's adjusted earnings per share of $0.06 significantly surpassed expectations for a loss, and adjusted EBITDA of $24.43 million outperformed by over 60%. Investors reacted positively to the better-than-expected cost management and profitability, causing the shares to close up 10.3% at $3.33.
Funko, Inc. SEC 10-Q Report
Funko, Inc. released its Q3 2025 Form 10-Q report, detailing financial and operational performance amid tariff disruptions and macroeconomic uncertainties. The company reported decreases in net sales, gross margin, and net income, with various segments and geographical areas experiencing declines. Management is focusing on cost control and financial flexibility to address ongoing challenges.
Funko Inc (NASDAQ:FNKO) Stock Surges on Strong Q3 2025 Earnings Beat Despite Revenue Miss
Funko Inc (NASDAQ:FNKO) reported mixed Q3 2025 financial results, with earnings significantly surpassing analyst forecasts despite a revenue miss. The company's stock surged approximately 14.2% in after-market trading, indicating investor focus on the profitability beat and successful cost management. Under new CEO Josh Simon, Funko demonstrated strong gross margins and provided positive guidance for Q4 2025, signaling a potential return to sales growth.
Funko Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Funko, Inc. announced an inducement restricted stock unit award of 1,000,000 shares to its new Chief Executive Officer, Josh Simon, effective September 1, 2025. This award vests over four years and was granted in accordance with Nasdaq Listing Rule 5635(c)(4) as an inducement for Mr. Simon to join the company. The Inducement Plan was adopted by Funko's Board of Directors in May 2024 for granting equity awards to new employees or directors.
1 Million Share Stock Award: Funko Brings on New CEO Josh Simon with Major Equity Incentive Package
Funko, Inc. has granted its new CEO, Josh Simon, an inducement restricted stock unit award covering 1,000,000 shares of the Company's Class A common stock. This award vests over four years in equal annual installments, contingent on Mr. Simon's continued employment. The grant was made to induce Mr. Simon to join Funko, in accordance with Nasdaq Listing Rule 5635(c)(4).
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Funko, Inc. - FNKO
Pomerantz LLP is investigating potential claims against Funko, Inc. (NASDAQ: FNKO) on behalf of investors. This investigation follows a 10.49% stock price drop after the departure of Funko's CEO, Cynthia Williams, on July 5, 2025. Investors who suffered losses are encouraged to contact Pomerantz LLP for more information regarding a potential class action lawsuit.
Funko appoints Josh Simon as CEO and director, outlines compensation package
Funko has appointed Josh Simon, formerly of Netflix, as its new CEO and Class II director, effective September 1, 2025. He replaces interim CEO Michael Lunsford. Simon's compensation package includes an annual base salary of $1,000,000, cash incentives, long-term equity awards, and significant sign-on equity awards tied to stock price performance. The appointment comes as Funko faces financial challenges, with its stock having declined over 70% in the past year.
Funko Appoints Josh Simon Chief Executive Officer
Funko, Inc. has announced the appointment of Josh Simon as its new Chief Executive Officer, effective September 1, 2025. Simon, formerly a Vice President at Netflix and having held senior roles at Nike and Disney, will also join Funko's Board of Directors. This move aims to leverage his extensive experience in entertainment, consumer products, operations, licensing, and strategy to drive Funko's growth opportunities.
Funko CFO Le Pendeven sells $2.1k in shares
Funko CFO Yves Le Pendeven sold 795 shares of Class A Common Stock for $2,059 to cover taxes related to restricted stock units. This transaction occurred amidst significant stock decline and financial challenges for the company, including a substantial debt burden. Separately, Le Pendeven also exercised options to acquire 2,950 shares of Class A Common Stock.
ING Groep NV Purchases New Shares in Funko, Inc. (NASDAQ:FNKO)
ING Groep NV has acquired 1,000,000 shares of Funko, Inc. (NASDAQ:FNKO) for approximately $6.86 million, representing a 1.83% stake. Other hedge funds like Vanguard Group and Assenagon Asset Management also significantly adjusted their holdings. Funko currently holds a consensus "Hold" rating from analysts with a price target ranging from $5.50 to $9.88, despite recent insider selling and a 32.8% stock price decline.
Funko Reports Second Quarter 2025 Financial Results
Funko reported its second quarter 2025 financial results, showing a decrease in net sales to $193.5 million from $247.7 million in 2024, and a net loss of $41.0 million. Interim CEO Mike Lunsford attributed the performance to a dynamic and uncertain tariff environment, but expressed optimism for improvement in the second half of 2025 due to cost-cutting and diversification strategies. The company expects net sales to be down high single-digits and adjusted EBITDA margin to be in the mid- to high single-digits range for the second half of the year.
Funko Restructures Credit Agreement: $150M to $125M Facility Reduction, Gets Key Covenant Waivers
Funko, Inc. announced an amendment to its existing credit facilities, reducing revolving commitments from $150 million to $135 million immediately, and further to $125 million by December 31, 2025. The amendment also includes waivers for maximum net leverage ratio and minimum fixed charge coverage ratio financial covenants for the fiscal quarters ending June 30, 2025, and September 30, 2025, providing Funko with enhanced financial flexibility. Funko has engaged Moelis & Company LLC to explore options for refinancing its credit facilities, which mature in September 2026.
FNKO Investors Have Opportunity to Join Funko, Inc. Fraud Investigation with the Schall Law Firm
The Schall Law Firm is investigating potential securities law violations by Funko, Inc. after CEO Cynthia Williams' departure led to a nearly 10.5% stock drop on July 7, 2025. The firm encourages shareholders who experienced losses to participate in the investigation. They specialize in securities class action lawsuits and shareholder rights litigation globally.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Funko, Inc. - FNKO
Pomerantz LLP is investigating Funko, Inc. (NASDAQ: FNKO) on behalf of investors for potential securities fraud or unlawful business practices. This investigation follows a 10.49% stock price drop after the company announced its CEO's departure. Investors affected by Funko's stock decline are encouraged to contact the firm.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Funko, Inc. - FNKO
Pomerantz LLP is investigating potential securities fraud claims against Funko, Inc. after the company's stock price fell significantly following the announcement of CEO Cynthia Williams' departure. Investors who suffered losses are encouraged to contact Pomerantz LLP to inquire about joining a potential class action lawsuit.
Final weeks for Funko $14m settlement check — just one requirement to claim cash
Funko Inc. has agreed to a $14.75 million settlement over allegations it misled customers by using "channel stuffing" to inflate sales figures before its IPO. Investors who purchased Funko common stock during its November 1, 2017 IPO may be eligible for a one-time payment based on the number of shares bought and sold. Claim forms must be filed by July 2, 2025, with a final approval hearing for the settlement scheduled for June 6, 2025.
$14.75M Funko securities class action settlement
Funko Inc. has agreed to a $14.75 million class action settlement to resolve claims that it misled investors about its financial health prior to its 2017 IPO. Investors who purchased Funko common stock through the IPO are eligible to file a claim. The deadline to file a claim is July 2, 2025, with potential individual awards varying based on the number of shares purchased and held.
Funko agrees to settle IPO Securities class action lawsuit for $14.75 million
Funko, Inc. has agreed to a $14.75 million settlement for a securities class action lawsuit alleging the company made false and misleading statements in its 2017 IPO documents. Investors who purchased Funko stock traceable to the IPO may be eligible to claim an estimated $0.57 to $0.91 per share. The deadline to file a claim is July 2, 2025, and a fairness hearing is scheduled for June 6, 2025.
Funko chief commercial officer sells shares worth $55,152
Andrew David Oddie, Chief Commercial Officer of Funko, Inc. (NASDAQ: FNKO), sold 6,430 shares of the company's Class A common stock for approximately $55,152 through transactions on March 7 and March 10, 2025, under a pre-established Rule 10b5-1 trading plan. Despite the sales, Oddie acquired 11,580 shares through RSU vesting and now holds 25,336 shares. Funko has provided updated financial guidance for 2025, anticipating challenges from tariffs but forecasting net income growth and emphasizing long-term growth initiatives.
Funko Reports 2024 Fourth-Quarter, Full-Year Financial Results; Provides Full-Year Outlook for 2025
Funko, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024, showing net sales at the upper end of expectations and exceeding expectations for gross margin and adjusted EBITDA. The company strengthened its business, met key financial goals, and reduced total debt by $90 million in 2024. Funko also provided its financial guidance for the 2025 first quarter and full year, projecting measured top-line growth weighted towards the second half of the year.
Team Fortress 2's Funko Fusion Collaboration Explained
Team Fortress 2 is collaborating with the upcoming game Funko Fusion, allowing some of its iconic classes to be playable. This crossover comes at a contentious time due to the long-standing issues of lack of new content and bot problems in Team Fortress 2, which have frustrated its player community. Despite recent efforts by Valve to address the bot issue, many fans express disappointment that the game is providing content for another title while its own core problems persist.
The Chernin Group-Led Consortium to Acquire $263 Million in Funko, a Leading Pop Culture Lifestyle Brand
A consortium led by The Chernin Group (TCG) will acquire a $263 million strategic investment in Funko, a pop culture lifestyle brand, taking an 80% stake from ACON Investments. This all-secondary transaction values Funko shares at $21.00 each, with TCG and its consortium owning 25% of the company post-acquisition. The investment includes commercial agreements with eBay Inc. and strategic advising for Funko's growth in content, commerce, and new product categories.
Funko unveils Star Wars Celebration exclusives
Funko announced its exclusive Star Wars Celebration merchandise, including new Pop! figures and Loungefly accessories. The article highlights some of the featured items like the C-3PO Mini Backpack and various Diamond Collection figures. The author also reminisces about attending a previous Star Wars Celebration in Orlando.
Teenage Mutant Ninja Turtles: This Funko Pop! Super Shredder Figure Will Class Up Your Collection
IGN has revealed the sixth and final Funko Pop! in the Target-exclusive Teenage Mutant Ninja Turtles wave, featuring a "Diamond Series" Super Shredder figure. This special edition comes with an all-black paint scheme and is bundled with an exclusive TMNT T-shirt, available for pre-order through Target. Funko also recently released a wave of Pop! toys inspired by Teenage Mutant Ninja Turtles 2: The Secret of the Ooze.
Hobby stores reshape downtown Medford during pandemic
During the pandemic, new hobby stores, The RetroWormhole and Elwood Sports Cards, have opened in downtown Medford, creating a "hobby corridor." Both owners, Nick DeAngelis and Matt Hathaway, report significant business success, attributing it to the pandemic increasing interest in hobbies and collectibles. They are contributing to the revitalization of downtown Medford by attracting diverse customers and bringing nostalgic joy.
Funko Captures Six 'Squid Game' Characters in Pop! Vinyl Figure Form
Funko is releasing six Pop! vinyl figures based on characters from the hit show 'Squid Game', including Oh Il-nam, Sae-byeok, Abdul Ali, Cho Sang-Woo, Seong Gi-Hun, and a Masked Worker. Each 3.75-inch figure features details from the show, like Abdul Ali’s bag of marbles or Seong Gi-Hun with dalgona candy. These figures are set for a March 22 release and are available for pre-order, priced at $10.99 USD individually or $65.99 USD for the set of six.
Toy manufacturer signs big industrial lease in Buckeye
Funko Inc. (Nasdaq: FNKO), a manufacturer of licensed pop culture products, has signed a lease for an 860,000-square-foot industrial facility in Buckeye. This facility was developed by LGE Design Build and will serve as a hub for the Everett, Washington-based company. The move highlights continued industrial growth in the Buckeye area.
Harry Potter 20th Anniversary Funko Pop Wave Includes Mini Moments and Hogwarts Pop Town
In celebration of the 20th anniversary of "Harry Potter and the Sorcerer’s Stone" hitting theaters, Funko has released a supermassive wave of new Harry Potter-themed Pops. This wave includes the first Mini Moments diorama figures, a Hogwarts Pop Town featuring Dumbledore, Deluxe Pops, and a collection of standard Pops and plush figures. These releases are part of Funko’s Festival of Fun event for the 2021 holiday season, with pre-order links available for various retailers.
We Unbox Funko’s Marvel Collector Corps End Credits Box
This article unboxes Funko's Marvel Collector Corps End Credits subscription box, themed around the Infinity Saga's post-credit scenes. It details the included items, such as a Dancing Groot Pop Pin, Thanos decal, Shawarma Pop Tee, and two Funko Pops: Nick Fury from Avengers: Infinity War and Captain America from Spider-Man: Homecoming. The author expresses enthusiasm for the box's contents and recommends it to Marvel and Funko collectors.
Funko Announces X-Men Movie Pops Are On the Way!
Funko has officially announced a new line of X-Men Movie Pops to celebrate the 20th anniversary of the Fox Studios X-Men franchise. The collection will feature 13 Pop vinyls, including retailer exclusives for Mystique (Target) and Young Magneto (Walmart), covering characters from the original X-Men trilogy. These new figures, including popular characters like Wolverine, Logan, Storm, and Professor X, are set to release in August 2020 with pre-orders already going live.
STAR TREK: DISCOVERY Funko POP! Figures Announced
Funko announced new POP! vinyl figures for Star Trek: Discovery, featuring Commander Michael Burnham and Commander Saru. These are the first Star Trek Funko POP! figures released in nearly four years, with a target release date of June 2020 for preorders. While initially only two characters have been revealed, the company hinted at the possibility of more characters joining the line in the future.
Class is in Session with Umbrella Academy Funko Pops Part 1 [Review]
This article reviews the first wave of The Umbrella Academy Funko Pop figures, focusing on Luther, Diego, and Allison. The figures are praised for their detailed design and accuracy to the Netflix show characters, despite the initial delay in their release. The review highlights unique packaging features and offers insights into individual character sculpts, noting their appeal for fans of the series.
All Might Funko Pops Tell Us That They Are Here! [Review]
This article reviews the newest All Might Funko Pop figures released in conjunction with My Hero Academia Season 4. It details three specific figures: the All Might teacher, a new mold of All Might in his Silver Age outfit, and an exclusive metallic version of the Silver Age figure. The review highlights the design, details, and appeal of each Pop, particularly praising the metallic Barnes & Noble exclusive.
Funko Acquires Award Winning Board Game Studio
Funko, Inc. announced the acquisition of Forrest-Pruzan Creative LLC (FPC), an acclaimed board game development studio known for award-winning titles like Disney Villainous and Harry Potter: Hogwarts Battle. This acquisition expands Funko's product portfolio into the games category, allowing them to leverage existing intellectual property and licensor relationships. Funko expects the acquisition to introduce them to a new demographic of ardent board gamers and does not anticipate a material impact on its financial performance in 2019.
Funko and Epic Games Partner to Launch Fortnite™ Toys and Collectibles
Funko, Inc. announced a new partnership with Epic Games to create a range of Fortnite™ toys and collectibles, including iconic Pop! figures and other product lines. This collaboration aims to capitalize on Fortnite's popularity by bringing characters to life for fans globally, with products launching Holiday 2018. Both companies expressed excitement about the partnership and the new merchandise strategy.
LEGO Announces Partnership With Funko to Produce Vinyl Minifigure Characters
The LEGO Group announced a partnership with Funko, Inc. to create vinyl figures and bobbleheads of LEGO minifigures, including popular themes like LEGO Ninjago and The LEGO Batman Movie. This collaboration also extends to LEGO BrickHeadz, which will feature original Funko characters. The first products are expected to be available in September, with exclusive sneak peeks at San Diego Comic Con 2018.
Jurassic Park Funko Figures Include Shirtless Goldblum
Funko is releasing a new line of Jurassic Park Pop! figures, including a highly anticipated shirtless Dr. Ian Malcolm variant, exclusively available at Target. Other figures include a Dennis Nedry-dilophosaurus two-pack and Dr. Ellie Sattler with a Jurassic Park jeep. The announcement has generated significant fan excitement, with expectations for more figures related to the Jurassic Park and upcoming Jurassic World franchises.
007 Gets a Sweet Funko Pop Ride in February
Funko is releasing a new Pop Ride featuring James Bond in his Aston Martin from the film Goldfinger in February. This release is significant as Funko has been trying to secure the 007 license for years, indicating a potential increase in James Bond themed Funko products. The new Pop Ride is described as classy, with sleek packaging.
Funko’s Impopsters Line Re-imagines Batman’s Rogues as the Dark Knight
Funko is releasing a new line of Pop figures called "Impopsters" which re-imagines Batman's rogues gallery as versions of the Dark Knight. The initial wave includes Riddler, Poison Ivy, Harley Quinn, Two-Face, Penguin, and Scarecrow, with future plans for Marvel and other DC Comics characters. These figures offer a creative twist on classic villains by incorporating elements of Batman's design.
