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The latest announcement is out from Kartoon Studios ( (TOON) ).
On May 14, 2025, Kartoon Studios, Inc. held its 2025 Annual Meeting of Stockholders where several key proposals were approved. Notably, the stockholders approved an amendment to the 2020 Incentive Plan, increasing the number of shares available for awards by 5,000,000. Additionally, the election of directors and the ratification of the company’s auditing firm, WithumSmith+Brown, PC, were confirmed. The meeting also saw approval for the issuance of shares upon warrant exercises and the potential adjournment of the meeting, though the latter was deemed unnecessary.
Spark’s Take on TOON Stock
According to Spark, TipRanks’ AI Analyst, TOON is a Underperform.
Kartoon Studios’ overall stock score reflects significant financial challenges, with declining revenues, negative profitability, and poor cash flow. Despite some positive technical indicators, the stock’s valuation remains unattractive due to ongoing losses and no dividend yield. Strategic improvements are essential for financial recovery.
To see Spark’s full report on TOON stock, click here.
More about Kartoon Studios
Average Trading Volume: 224,970
Technical Sentiment Signal: Sell
Current Market Cap: $30.52M
See more data about TOON stock on TipRanks’ Stock Analysis page.