VANCOUVER – TV producer Thunderbird Entertainment showed good growth in 2020, its Q4 and year-end results show.
Revenue for the three months and the year ended June 30, 2020 was $21.1 million and $81.3 million as compared to $12.9 million and $57.7 million for the comparative periods of fiscal 2019, it announced today.
Adjusted EBITDA was $2.9 million and $15.5 million for the three months and the year ended June 30, 2020 compared to $1 million and $12.8 million for the comparative periods of fiscal 2019.
“There is a strong demand for Thunderbird content, and we feel fortunate to be working in an industry experiencing accelerating trends. 2020 has also forced us all to look inward and challenge our assumptions around diversity and inclusion – Thunderbird is well positioned to deliver on this and I am proud of the steps we have made as a company, and will strive to continue to lead in this area,” said Jennifer Twiner McCarron, CEO, in the press release.
The company ended fiscal 2020 with 18 programs in various stages of production, and deals with Netflix, NBCUniversal, Nickelodeon, PBS, GBH, Bell Media’s Discovery, APTN, Corus Entertainment and CBC, among others, it added.
Twenty-nine half-hour episodes and 26 one-hour episodes were delivered collectively from the factual, scripted, and kids and family divisions. All of the one-hour episodes, and a third of the half-hour episodes were company owned-IP.
