TORONTO – Spin Master Corp. says it earned US$21.1 million in the fourth quarter.
That’s up from a loss of US$30.1 million a year earlier.
Revenues for the toy and entertainment company totalled US$649.1 million, up from US$502.6 million during the fourth quarter of 2023.
Diluted earnings per share were 20 cents US, up from a loss of 29 cents US.
Earnings for the full 2024 financial year came to US$81.9 million, down from US$151.4 million in 2023.
Spin Master says it expects revenues to increase four to six per cent in 2025.
This report by The Canadian Press was first published Feb. 24, 2025.
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