Gaia vs Kartoon Studios
Gaia is the larger business, with $99.0m of revenue in fiscal 2025 against $39.4m for Kartoon Studios (2.5 times as much). Kartoon Studios grew faster (20.7% against 10.8%). Gaia kept more of each dollar of sales as profit: a net margin of -4.5% against -62.3%. Kartoon Studios carries less debt relative to equity (0.0% against 6.5%).
| Latest fiscal year | GaiaGAIA, 2025 | Kartoon StudiosTOON, 2025 |
|---|---|---|
| Revenue | $99.0m | $39.4m |
| Revenue growth | 10.8% | 20.7% |
| Net income | −$4.5m | −$24.5m |
| Operating margin | -5.2% | -32.8% |
| Net margin | -4.5% | -62.3% |
| Return on equity | -5.3% | -80.2% |
| Free cash flow | −$377,000 | −$11.6m |
| Cash | $13.5m | $2.9m |
| Total debt | $5.7m | $0 |
| Debt to equity | 6.5% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 112 | — |
| Market value | $32.3m | $32.6m |
| Price vs our value range | — | — |
| Moat score | 38 (Weak) | 15 (Weak) |
| Insider trades, 12 months | 32 buys, 0 sales | 0 buys, 0 sales |