Radio / Television News

WildBrain Spark and consumer products drive WildBrain’s Q1 2022 revenue growth

HALIFAX — Kids and family entertainment company WildBrain Ltd. yesterday reported its first quarter results for its 2022 fiscal year, which saw the company’s revenue increase 18% to $112.6 million, compared to the first quarter of 2021. For the three months ended Sept. 30, 2021, WildBrain’s adjusted EBITDA was $19.9 million, a 13% increase over the adjusted EBITDA it reported for the same three-month period in its 2021 fiscal year. “Our first-quarter results reflected a return to growth at WildBrain Spark as well as strong consumer products performance,” said WildBrain CEO Eric Ellenbogen, in a press release. “Spark revenue was...