Q3 revenue falls at Wildbrain, company announces $25 million growth financing

HALIFAX – Broadcaster and family/kids content maker WildBrain today reported a 10.6% decline in revenues in third quarter, compared to last year’s Q3, to $98.3 million. Year-to-date revenue was $332.7 million, up slightly from $331 million when compared to the first three quarters of the prior year. The company saw positive operating cash flow of $12.9 million in Q3 2020 vs $13.7 million in Q3 2019 and negative free cash flow of $3.2 million this quarter compared to negative free cash flow of $1.1 million in Q3 2019. The company has seen YTD 2020 positive free cash flow of $17.8...