Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) Q4 2025 Earnings Call | 10/09/2025

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Thunderbird Entertainment Group Inc. reported fiscal 2025 year-end results with a 12% increase in revenue to $185.7 million, driven primarily by a 19% surge in production services revenue. Despite a 9% decline in fourth-quarter revenue to $47.4 million versus $51.8 million in Q4 2024, the company posted a full-year net income increase to $6.3 million compared to $2.4 million a year earlier. Adjusted EBITDA rose 10% to $18.3 million for the full year, though Q4 adjusted EBITDA decreased to $4.2 million from $7 million the prior year. The company experienced a 15% drop in license and distribution revenue to $27.4 million year-over-year, impacted by the timing of intellectual property project deliveries and non-renewal of a scripted show early in the fiscal year. Growth was fueled by strong performances of core scripted and unscripted shows, including series like "Super Team Canada" and "Timber Titans." EBITDA and net income benefitted from cost reduction measures implemented during the year as Thunderbird continues to manage expenses proactively amid lengthening production cycles and project greenlighting uncertainties. No forward guidance was provided due to industry unpredictability; however, management expressed confidence in the company's diversified portfolio, strong pipeline, and financial position with no corporate debt. Strategic focus remains on expanding its IP slate, nurturing global market relationships, and acquiring distressed content assets for long-term growth and shareholder value. About Inside Ticker: Inside Ticker offers clear and professional insights into earnings, market updates, and financial news. For comprehensive analysis, visit https://www.insideticker.com/. HashTags: #ThunderbirdEntertainment #TBRD #THBRF #q42025 #earnings #financialresults #revenue #netincome #ebitda #productionservices #ScriptedShows #UnscriptedShows #intellectualproperty #LicenseRevenue #costmanagement #ContentAcquisitions #growthstrategy #mediaindustry #entertainment #investorupdate #quarterlyresults #insideticker #marketinsights #corporatestrategy #financialperformance #stockmarket #FiscalYearResults