vs
Side-by-side financial comparison of Eightco Holdings Inc. (ORBS) and Kartoon Studios, Inc. (TOON). Click either name above to swap in a different company.
Eightco Holdings Inc. is the larger business by last-quarter revenue ($10.2M vs $9.7M, roughly 1.1× Kartoon Studios, Inc.). Kartoon Studios, Inc. runs the higher net margin — -54.4% vs -2281.6%, a 2227.2% gap on every dollar of revenue. On growth, Kartoon Studios, Inc. posted the faster year-over-year revenue change (2.9% vs -49.9%). Kartoon Studios, Inc. produced more free cash flow last quarter ($346.0K vs $-11.0M). Over the past eight quarters, Kartoon Studios, Inc.'s revenue compounded faster (26.3% CAGR vs 13.1%).
Kartoon Studios, Inc. is an entertainment company headed by Andy Heyward. The company was formed in 2010 as Genius Brands International (GBI) from the merger of Genius Brands International and A Squared Entertainment.
ORBS vs TOON — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.2M | $9.7M |
| Net Profit | $-232.5M | $-5.3M |
| Gross Margin | -13.0% | — |
| Operating Margin | -475.0% | -38.4% |
| Net Margin | -2281.6% | -54.4% |
| Revenue YoY | -49.9% | 2.9% |
| Net Profit YoY | -9183.3% | 8.5% |
| EPS (diluted) | $-2.34 | $-0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $10.2M | $9.7M | ||
| Q3 25 | $5.3M | $9.9M | ||
| Q2 25 | $7.6M | $10.3M | ||
| Q1 25 | $9.9M | $9.5M | ||
| Q4 24 | $20.3M | $9.4M | ||
| Q3 24 | $6.1M | $8.7M | ||
| Q2 24 | $5.3M | $8.4M | ||
| Q1 24 | $8.0M | $6.1M |
| Q4 25 | $-232.5M | $-5.3M | ||
| Q3 25 | $-25.8M | $-6.6M | ||
| Q2 25 | $-1.2M | $-6.2M | ||
| Q1 25 | $-2.5M | $-6.5M | ||
| Q4 24 | $-2.5M | $-5.8M | ||
| Q3 24 | $-3.2M | $-2.1M | ||
| Q2 24 | $4.4M | $-5.9M | ||
| Q1 24 | $1.9M | $-7.0M |
| Q4 25 | -13.0% | — | ||
| Q3 25 | -3.7% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 8.2% | — | ||
| Q3 24 | 26.5% | — | ||
| Q2 24 | 25.1% | — | ||
| Q1 24 | 17.5% | — |
| Q4 25 | -475.0% | -38.4% | ||
| Q3 25 | -116.9% | -29.3% | ||
| Q2 25 | -15.9% | -31.3% | ||
| Q1 25 | -14.3% | -32.4% | ||
| Q4 24 | -11.9% | -37.1% | ||
| Q3 24 | -29.1% | -29.2% | ||
| Q2 24 | -16.4% | -55.6% | ||
| Q1 24 | -39.6% | -103.6% |
| Q4 25 | -2281.6% | -54.4% | ||
| Q3 25 | -487.6% | -66.5% | ||
| Q2 25 | -15.4% | -60.0% | ||
| Q1 25 | -25.7% | -68.7% | ||
| Q4 24 | -12.3% | -61.2% | ||
| Q3 24 | -52.5% | -23.6% | ||
| Q2 24 | 84.2% | -70.1% | ||
| Q1 24 | 24.4% | -115.9% |
| Q4 25 | $-2.34 | $-0.08 | ||
| Q3 25 | $-0.58 | $-0.14 | ||
| Q2 25 | $-0.38 | $-0.13 | ||
| Q1 25 | $-0.84 | $-0.14 | ||
| Q4 24 | $-1.44 | $-0.14 | ||
| Q3 24 | $-1.77 | $-0.05 | ||
| Q2 24 | $2.15 | $-0.15 | ||
| Q1 24 | $1.42 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $58.5M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $232.6M | $26.2M |
| Total Assets | $250.2M | $70.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $58.5M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $696.3K | — | ||
| Q1 25 | $434.4K | — | ||
| Q4 24 | $239.2K | $100.0K | ||
| Q3 24 | $2.4M | — | ||
| Q2 24 | $363.1K | — | ||
| Q1 24 | $808.8K | — |
| Q4 25 | $232.6M | $26.2M | ||
| Q3 25 | $339.2M | $22.6M | ||
| Q2 25 | $8.9M | $28.4M | ||
| Q1 25 | $9.7M | $28.6M | ||
| Q4 24 | $11.9M | $35.0M | ||
| Q3 24 | $13.0M | $41.2M | ||
| Q2 24 | $13.8M | $42.7M | ||
| Q1 24 | $3.9M | $44.8M |
| Q4 25 | $250.2M | $70.9M | ||
| Q3 25 | $355.5M | $66.7M | ||
| Q2 25 | $48.7M | $70.0M | ||
| Q1 25 | $47.6M | $71.7M | ||
| Q4 24 | $50.8M | $85.5M | ||
| Q3 24 | $49.2M | $87.3M | ||
| Q2 24 | $48.4M | $89.0M | ||
| Q1 24 | $50.2M | $93.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.0M | $381.0K |
| Free Cash FlowOCF − Capex | $-11.0M | $346.0K |
| FCF MarginFCF / Revenue | -107.7% | 3.6% |
| Capex IntensityCapex / Revenue | 0.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-11.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.0M | $381.0K | ||
| Q3 25 | $-1.6M | $-5.5M | ||
| Q2 25 | $-659.2K | $-4.5M | ||
| Q1 25 | $999.8K | $-1.8M | ||
| Q4 24 | $-6.6M | $-2.4M | ||
| Q3 24 | $77.7K | $1.5M | ||
| Q2 24 | $-440.3K | $-6.5M | ||
| Q1 24 | $-723.3K | $3.8M |
| Q4 25 | $-11.0M | $346.0K | ||
| Q3 25 | — | $-5.5M | ||
| Q2 25 | $-661.3K | $-4.5M | ||
| Q1 25 | $999.7K | $-1.8M | ||
| Q4 24 | $-6.6M | $-2.4M | ||
| Q3 24 | $73.0K | $1.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $3.8M |
| Q4 25 | -107.7% | 3.6% | ||
| Q3 25 | — | -56.0% | ||
| Q2 25 | -8.7% | -44.1% | ||
| Q1 25 | 10.1% | -19.4% | ||
| Q4 24 | -32.7% | -25.6% | ||
| Q3 24 | 1.2% | 17.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 62.7% |
| Q4 25 | 0.0% | 0.4% | ||
| Q3 25 | 0.0% | 0.4% | ||
| Q2 25 | 0.0% | 0.6% | ||
| Q1 25 | 0.0% | 0.2% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.10× | — | ||
| Q1 24 | -0.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ORBS
Segment breakdown not available.
TOON
| Other | $4.6M | 48% |
| CA | $2.8M | 29% |
| Content Distribution | $2.2M | 23% |
