Consumer products help drive WildBrain's revenue growth

HALIFAX — Kids and family entertainment company WildBrain yesterday evening reported its revenue increased 4% to $102.2 million in the third quarter of its 2021 fiscal year, compared to $98.3 million in Q3 2020. For the three months ended March 31, 2021, the company’s net loss was $26.5 million, an improvement over the net loss of $221.7 million WildBrain reported in same three-month period in 2020. Adjusted EBITDA was down slightly in the third quarter of 2021 to $17.2 million, compared to $17.9 million in Q3 2020. The company’s free cash flow was negative $3.3 million in Q3 2021, which...