DHX Media (DHXM) Reports Q1 Revenues of $112.3M

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Go back to DHX Media (DHXM) Reports Q1 Revenues of $112.3M

DHX Media (dba WildBrain) reports 2020 First Quarter results and improving financial flexibility

November 6, 2019 7:01 AM EST

Revenue increased 8% to $112.3 million in Q1 2020 vs $104.0 million in Q1 2019. Cash flow from operations increased to $18.7 million in Q1 2020 vs negative cash flow of $10.0 million in Q1 2019. $7.6 million was paid down on the term loan in Q1 2020 from excess cash flow. Adjusted EBITDA rose to $19.6 million compared to $17.3 million in Q1 2019. Net loss was $16.0 million vs a net loss of $2.4 million in Q1 2019, affected by one-time reorganization charges and a non-cash foreign exchange loss. WildBrain Spark1 views grew 66% to over 12 billion in Q1 2020; revenue rose 37% to $22.1 million vs... More