Slide 1: Q4 2024 Supplemental Information
Q4 2024 SUPPLEMENTAL Information
Slide 2: Disclaimer
Disclaimer This presentation of Spin Master Corp. (“Spin Master” or “the Company”) contains certain statements, other than statements of historical fact, which constitute “forward-looking information” v within the meaning of applicable securities laws, including the Securities Act (Ontario). Such st
Slide 3: Reimagining Everyday Play
REIMAGINING EVERYDAY PLAY Leading Global Children’s Entertainment Company with a Diversified Multi-Platform Portfolio TOYS ENTERTAINMENT DIGITAL GAMES VISION Be a global leader in Be a leading global Create exceptional Toys by creating play creator of children’s digital play experiences that enterta
Slide 4: Three Creative Centres
Three Creative Centres Toys Entertainment Spin Master Entertainment creates With distribution in over 100 countries, Spin Master is best known and produces compelling for award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, multiplatform content, through its Air Hogs®, Melissa & Doug®, Hatchim
Slide 5: Q4 & 2024 Highlights
Q4 2024 $649.1M Q4 Revenue1 (incl. $136.0M for M&D) 29.1% 18.8% $2,263.0M 2024 YOY YOY (incl. $374.7M for M&D) Net Income $21.1M $81.9M Adjusted Net Income2 $57.4M $217.2M Operating Income $47.1M $165.5M Q4 & 2024 HIGHLIGHTS Adjusted EBITDA2 $113.9M $463.6M Adjusted EBITDA Margin2 17.5% 20.5% Cash p
Slide 6: Toy Gross Product Sales and Revenue by Creative Centre Q4 2024 vs. Q4 2023
Toy Gross Product Sales1 and Revenue by Creative Centre Q4 2024 vs. Q4 2023 Melissa & Doug was acquired on Jan 2, 2024. M&D operating results for the three months ended December 31, 2024 are included in the Company's consolidated results TOYS +31.4% TOYS 29.1% Q4 2024 Q4 2023 as reported +38.1% as r
Slide 7: Toy Gross Product Sales and Revenue by Creative Centre 2024 vs. 2023
Toy Gross Product Sales1 and Revenue by Creative Centre 2024 vs. 2023 Melissa & Doug was acquired on Jan 2, 2024. M&D operating results for the year ended December 31, 2024 are included in the Company's consolidated results TOYS +24.9% TOYS +18.8% as reported +25.9% as reported +24.9% as reported 20
Slide 8: Gross Profit and Gross Margin
Gross Profit and Gross Margin Adjusted Gross Profit and Adjusted Gross Margin excludes the fair value adjustment to M&D inventories acquired of $66.3M for FY 2024. v Gross Profit3 ($) Gross Margin1 (%) 420bps -190bps 420bps 110bps as reported as reported as reported as reported Q4 2024 FY 2024 Q4 20
Slide 9: Key P&L Financial Metrics
Key P&L Financial Metrics Melissa & Doug was acquired on Jan 2, 2024. M&D operating results for the three months and year ended December 31, 2024 are included in the Company's consolidated results % % Q4 Q4 Chang 2024 2023 Change 2024 2023 as reported e as reported Selling, General and Administrativ
Slide 10: Key Balance Sheet and Cash Flow Metrics
Key Balance Sheet and Cash Flow Metrics (in US$ millions) Capital Allocation December December 31, 31, 2024 2023 Business Acquisitions: Melissa & Doug $955.5M Cash 233.5 705.7 (net of cash acquired) Trade receivables, net 499.4 414.4 In 2024, repurchased and cancelled subordinate voting Other receiv
Slide 11: Toys Highlights
Q4 2024 TOYS Toy Gross $660.0M Q4 (incl. $152.6M for M&D) 31.4% 24.9% Q4 & 2024 Product Sales1,2 $2,231.5M 2024 YoY YoY HIGHLIGHTS (incl. $433.3M for M&D) $561.7M Q4 38.1% 25.9% Toy Revenue1 YoY YoY $1,939.9M 2024 v Toys Operating Income $31.7M $89.5M Toys Operating Margin 5.6% 4.6% Toys Adjusted EB
Slide 12: Toy Gross Product Sales Q4 2024 vs. Q4 2023
Toy Gross Product Sales1,2 Q4 2024 vs. Q4 2023 Preschool, Infant & Toddler and Plush Outdoor Activities, Games -19.1% -30.8% & Puzzles and Dolls Wheels +104.2% & Interactive & Action +5.2% Toy Gross Product Sales1 increased by 31.4% to $660.0M v 1. Melissa & Doug was acquired on Jan 2, 2024. M&D ope
Slide 13: Toy Gross Product Sales 2024 vs. 2023
Toy Gross Product Sales1,2 2024 vs. 2023 Preschool, Outdoor Activities, Games -11.8% Infant & Toddler & Puzzles and Dolls Wheels and Plush -21.7% & Interactive & Action +53.6% +21.0% Toy Gross Product Sales1 increased by 24.9% to $2,231.5M v 1. Melissa & Doug was acquired on Jan 2, 2024. M&D operati
Slide 14: Geographic Spin Master Point-of-Sale Metrics Q4 2024
Geographic Spin Master Point-of-Sale1 ("POS") Metrics YoY Q4 20242 35% 30% 25% 20% 15% 33% 10% 18% 5% 0% -2% -6% -5% -8% -5% Spin Master 3 Spin Master (excl. M&D) Global US Int. (ex. US) v 1. Point-of-Sale represents the value of retail sales, as measured at the point where the customer is purchasin
Slide 15: Geographic Spin Master Point-of-Sale Metrics Full Year 2024
Geographic Spin Master Point-of-Sale1 ("POS") Metrics YoY 20242 35% 30% 25% 20% 15% 30% 10% 18% 5% 1% 0% -5% -5% -6% -5% Spin Master 3 Spin Master (excl. M&D) Global US Int. (ex. US) v 1. Point-of-Sale represents the value of retail sales, as measured at the point where the customer is purchasing an
Slide 16: Entertainment Highlights
ENTERTAINMENT Q4 & 2024 Q4 2024 HIGHLIGHTS Entertainment Revenue $41.3M Q4 (25.2%) YoY (16.6%) YoY $158.6M 2024 Entertainment vOperating Income $19.7M $86.0M Entertainment Adjusted Operating Income1 $20.3M $90.3M Entertainment Operating Margin 47.7% 54.2% Entertainment Adjusted Operating Margin1 49.
Slide 17: PAW Patrol, Rubble & Crew, Unicorn Academy
Slide 18: Digital Games Highlights
DIGITAL GAMES Q4 & 2024 Q4 2024 HIGHLIGHTS Digital Games $46.1M Q4 13.5% (5.4%) Revenue YoY $164.5M 2024 YoY v Digital Games Operating (Loss) Income ($0.5M) $22.1M Digital Games Adjusted Operating Income1 $11.5M $39.9M Digital Games Operating Margin (1.1%) 13.4% Digital Games Adjusted Operating Marg
Slide 19: Digital Games – Q4 Financial Results
Digital Games – Q4 Financial Results Revenue Adj. Operating Income1 (US$ millions) (US$ millions) 50 38 41 46 19 12 11 12 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 2021 2022 2023 2024 2021 2022 2023 2024 1. Non-GAAP financial measure or ratio. The composition, usefulness and quantitative reconciliations for each such
Slide 20: Monthly Active Users and Active Subscriptions
Monthly Active Users1 ("MAU") Active Subscriptions2 Ages ~ 399k1 +9% 2-5 vs. 364k Q4 2023 Ages: In App 6+ Purchase Subscription 1. Includes Sago Mini, Piknik, and Originator (Math Tango and ELA) subscribers Average Ending MAU MAU v Ages Q4 2024 Q4 2024 2-5 ~ 57k1 +67% ~5M ~1M Subscription vs. 34k Q4
Slide 21: Digital Games Portfolio
Digital Games Portfolio LIMITED RELEASE / TESTING1 LIVE GLOBALLY2 IN APP PURCHASES v SUBSCRIPTIONS 21 ©2025 Spin Master. All Rights Reserved. 1. Available in select markets to test KPIs around; Acquisition, Engagement, and Monetisation prior to launching Globally. 2. Live service updates planned acr
Slide 22: 2025 Outlook
2025 Outlook Toy Gross Adjusted Product Sales1 Revenue EBITDA Margin1 2024 $2,231.5M $2,263M 20.5% Reported Toy Gross Product Revenue to increase Adjusted EBITDA Sales to increase 4% to 6% compared to Margin of 20.0% to 4% to 5% compared 2024. 21.0% as compared to to 2024. 20.5% in 2024. Toy Gross P
Slide 23: CSR at Spin Master
CSR at Spin Master CSR Vision REIMAGINING EVERYDAY PLAY FOR FUTURE GENERATIONS Spin Master creates magical play experiences for children and their families. We foster an inclusive culture and empower children to grow and learn through play while acting as responsible custodians of the world these ch