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WildBrain Ltd T.WILD

Alternate Symbol(s):  WLDBF

WildBrain Ltd. is a kids’ and family entertainment company. The Company develops, produces and distributes films and television programs for domestic and international markets; licenses its brands in the domestic and international markets; broadcasts films and television programs in the domestic market; sells advertising on various ad-supported video-on-demand platforms; and manages copyrights, licensing and brands for third parties. Its segments include Content Creation and Audience Engagement, Global Licensing, and Canadian Television Broadcasting. The Content Creation and Audience Engagement segment includes production in studio of proprietary content, production for strategic brand partners, and third-party service work, and others. The Global Licensing comprises royalties from owned IP and through its brand partnerships as well as commissions earned from its licensing agency business. The Canadian Television Broadcasting segment operates the Family broadcast channels in Canada.


TSX:WILD - Post by User

Comment by Alphaseeker1973on Oct 25, 2022 4:30pm
157 Views
Post# 35047948

RE:RE:RE:RE:Dead cat bounce...say goodbye to the 2s!

RE:RE:RE:RE:Dead cat bounce...say goodbye to the 2s!No Sonic is a good project and was perhaps one of two lottery tickets (the other being Peanuts) the company needed to reset the strained balance sheet.   So rather than allow for those revenues to be used judiciously for the long term benefit of shareholders this idiot CEO is spending every cent of the lottery tickets and more in order to buy more lottery tickets.   Just an absolute ahole...and this will be just another story of riches to rags.   The dummy has increased SG&A by $23mm (annualized) in Q4 alone.  That is going to take $95mm in additional revenues just to break even on the investment and they do not have the time available to them to generate this growth.   If they hit the mid point of 2023 guidance they will have a return on this investment in perhaps 4-5 years....and that's assuming they grow.   The macro environment is deteriorating and they are facing severe headwinds in all of their buinsesses.    Meanwhilw they have a $140mm liquidity matter they have to deal with in 2023-2024 and current liquidity problems due to WC constraints.  They have pushed the company to the point of insolvency while holding 2 winning lottery tickets (in both Peanuts & Sonic)...very few CEOs are capable of effing up this much...
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