Welcome to our dedicated page for Thunderbird Entmt Group news (Ticker: THBRF), a resource for investors and traders seeking the latest updates and insights on Thunderbird Entmt Group stock.
Thunderbird Entmt Group Inc (THBRF) delivers innovative entertainment solutions through film production, digital content distribution, and strategic licensing agreements. This news hub provides investors and industry professionals with essential updates about the company's operations and market position.
Access official press releases and curated news coverage spanning key business areas including film production milestones, content licensing deals, and digital distribution partnerships. Our repository consolidates financial disclosures, strategic initiative announcements, and operational updates to support informed decision-making.
Regular updates cover earnings reports, executive leadership changes, and intellectual property developments within the competitive entertainment sector. Bookmark this page for streamlined access to THBRF's latest corporate communications and media coverage, carefully curated to reflect the company's evolving role in global content creation and distribution.
Thunderbird Entertainment Group has announced several equity compensation updates. The company granted 143,317 restricted share units (RSUs) to non-executive directors, vesting on December 14, 2024, and 171,606 RSUs to executive management, vesting over three years. Additionally, 400,412 performance share units (PSUs) were granted to executive management, subject to performance targets and one-year vesting. CEO Jennifer Twiner McCarron's compensation has been restructured, eliminating guaranteed bonuses in favor of performance-based incentives tied to AEBITDA targets and strategic objectives, effective July 1, 2024.
Thunderbird Entertainment Group reported strong Q1 fiscal 2025 results with significant growth across key metrics. Revenue increased 36% year-over-year to $45.7 million, while Adjusted EBITDA grew 64% to $4.1 million. The company achieved net income of $1.6 million, a $2.3 million improvement from the previous year's loss. Free Cash Flow reached $9.7 million, up $12.1 million year-over-year. The company maintains its fiscal 2025 forecast targeting 20% revenue growth and over 10% AEBITDA growth. During Q1, Thunderbird had 25 programs in various stages of production, working with 17 clients.
Thunderbird Entertainment Group (TSXV:TBRD, OTCQX:THBRF) has announced its upcoming fiscal Q1 2025 financial results release and conference call schedule. The company will release results after market close on November 20, 2024, followed by a conference call and webcast on November 21, 2024 at 11 a.m. PT/ 2 p.m. ET. CEO Jennifer Twiner McCarron will provide a business operations overview, while CFO Simon Bodymore will present financial statements, followed by a Q&A session.
Thunderbird Entertainment Group (TSXV:TBRD, OTCQX:THBRF) has engaged Independent Trading Group (ITG) to provide market making services in compliance with TSX Venture Exchange policies. The agreement includes a monthly fee of $6,000 for an initial three-month term, with the option for renewal. ITG will manage securities trading to maintain market order and enhance liquidity. The service costs will be covered by Thunderbird's general working capital, while ITG will provide the capital for market making activities. No shares or options will be issued as compensation.
Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) reported its fiscal 2024 results, exceeding guidance with a 30% increase in Adjusted EBITDA to $16.7 million. The company targets 20%+ revenue growth in FY 2025. Key financial highlights include:
- Q4 revenue increased 37% year-over-year to $51.8 million
- Annual revenue slightly declined by 1% to $165.3 million
- Q4 AEBITDA rose to $7.0 million from $0.7 million last year
- Annual AEBITDA margin improved to 10.1% from 7.7%
Thunderbird implemented cost-saving measures, delivering over $3 million in savings. The company maintains a strong balance sheet with no corporate debt. After a strategic review, the board decided to focus on executing its current business plan, including potential uplisting to the TSX.
Thunderbird Entertainment Group (TSXV:TBRD, OTC:THBRF) announced that its subsidiary, Atomic Cartoons, is producing a new animated special titled 'The Day You Begin' for PBS KIDS. The 45-minute special is based on the New York Times bestselling picture book by Jacqueline Woodson.
The story follows four kindergartners on their first day of school, highlighting their unique experiences and connections. The special aims to inspire viewers to celebrate their differences while addressing school readiness. Woodson and Dana Chan co-wrote the script, with Kristin Cummings and Jennifer Twiner McCarron serving as Executive Producers.
Thunderbird will manage global media distribution rights and plans to debut the special to international buyers at MIPjunior/MIPCOM in Cannes, France, October 19-24, 2024.
Great Pacific Media (GPM), a Thunderbird Entertainment Group company, has announced that Banijay Rights has acquired segment rights to their hit docuseries Highway Thru Hell. This deal allows Banijay Rights to license, distribute, publish, and broadcast short-form segments from the series, which is preparing for its 14th season. Banijay Rights has already launched an official Highway Thru Hell YouTube channel and is publishing segments on social media platforms, including Facebook.
The series, which debuted on Bell Media's Discovery in 2012, has produced over 200 episodes across 13 seasons and is available in 180 territories. Banijay Rights has also launched a dedicated Highway Thru Hell FAST channel in the UK and Australia. This expansion is expected to strengthen the series' brand and attract new audiences globally.
Thunderbird Entertainment Group has been recognized as one of Canada's Top Growing Companies by The Globe and Mail, ranking No. 316 with a three-year revenue growth of 105%. This marks the second year the company has been included in this prestigious list.
CEO Jennifer Twiner McCarron attributes the company's success to its robust pipeline spanning various genres and demographics, and its reputation as a trusted partner delivering quality content. Thunderbird's productions include popular series like LEGO Pixar Bricktoons, Mermicorno: Starfall, and Marvel's Spidey and His Amazing Friends.
The company also excels in unscripted content and has a dedicated team for global distribution and consumer products. With over 1,200 team members across Vancouver, Ottawa, and Los Angeles, Thunderbird continues to expand its reach and looks forward to future growth.
Thunderbird Entertainment Group Inc. (TSXV:TBRD) (OTCQX:THBRF) has announced its upcoming Fiscal 2024 Q4 and full-year results report, scheduled for release after market close on Wednesday, October 9, 2024. The company will hold a conference call and webcast on Thursday, October 10, at 11 a.m. PT/ 2 p.m. ET.
During the call, CEO Jennifer Twiner McCarron will provide a business operations overview, while CFO Simon Bodymore will present the financial statements. A brief Q&A session will follow the prepared remarks. Interested parties can pre-register for the call or join via webcast or telephone using the provided access details.
Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) has announced multiple sales for two children's series through its distribution arm. BooSnoo!, a Sky Kids Original, has been sold to nine new territories, including Peacock, Tubi, and HappyKids in the U.S. The series, recently named a Common Sense Selection for Families, is a mixed-media, dialogue-free show for kids aged two and up.
Mittens & Pants, a live-action preschool series, has secured additional platforms including Tubi, BeIN, and Alibaba's Youku. The show features the adventures of a kitten and puppy in an all-animal town. Both series will be represented by Thunderbird Distribution at the upcoming MIPjunior/MIPCOM market in Cannes, France, in October 2024.
