Wow Unlimited Media Inc WOWMF

Consumer Cyclical Broadcasting - TV

Wow Unlimited Media Inc is an animation-focused entertainment company producing content and building brands and audiences on global media platforms. The company's operating segment include Animation production and Networks and Platforms. It generates maximum revenue from the Networks and Platforms segment. Geographically, it derives most of the revenue from the United States. The company's media assets include Channel Frederator Network on YouTube, as well as WOW! branded programming on Bell Media's streaming entertainment platform, Crave.

OTCQX:WOWMF - Post by User

Wow Unlimited Media Inc > Revenue and EBITDA for FY 2019 exceed latest guidance

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Comment by nkbourbakion Feb 05, 2021 5:16pm

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Post# 32487788

RE:RE:RE:RE:Revenue and EBITDA for FY 2019 exceed latest guidance

Seems I was a pre-Christmas Scrooge on my last post.

Since then WOW came through with the promised orders, reporting a $95m backlog at end-of-year. This is mostly lower-margin service work but still great to see it come through.

Within the next few months Castlevania 4 should drop on Netflix and we should learn more of the unannounced project based on WOW's IP being co-produced with a "leading US studio" (Dreamworks?). As per the Q3 release this property will be delivered to a global streaming platform in Q1/Q2.

At Frederator the O&O biz was shuttered in June but the MCN is still active and should be EBITDA positive.

The Q4 numbers will depend a lot on timing of Castlevania deliveries. But between Q4 and Q1 they should rack up some EBITDA on IP deliveries.

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