IDW Media Holdings, parent company of Transformers Beast Wars, Transformers Escape and My Little Pony / Transformers II comics home IDW Publishing, released its fourth quarter and fiscal year 2020 results detailing a fourth quarter net loss per share of $0.20 on revenue of $10.1 million for the three months ended October 31, 2020. For the full fiscal year 2020, the net loss per share totaled $1.54 on revenue of $38.2 million.
IDW Publishing posted increased revenue from $5.2 million in 3Q20 to $7.7 million in 4Q20.
From comments by Ezra Rosensaft, Chief Executive Officer:
“IDW Publishing had an outstanding quarter increasing revenue to its highest level in four years and generating positive income from operations. Looking ahead, IDW is positioned for a strong fiscal 2021. We are in the process of re-registering IDW’s Class B common stock with the Securities and Exchange Commission and are working to get that done in the first half of this calendar year, and then will work to get the stock listed on a national exchange.”
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