Slide 1: Q1 2024 Supplemental Information
Q1 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: Q1 2024 Highlights
16.5% Revenue1 $316.2M YOY Net Loss $(54.8M) Adjusted Net Loss2 $(19.5M) Operating Loss $(61.8M) Q1 2024 Adjusted EBITDA2 $18.6M HIGHLIGHTS Adjusted EBITDA Margin2 5.9% Cash provided by operating activities $24.3M Free Cash Flow2 $(0.6M) Diluted EPS $(0.53) Adjusted Diluted EPS2 $(0.19) 1. Melissa &
Slide 6: Toy Gross Product Sales and Revenue by Creative Centre
Toy Gross Product Sales1 and Revenue by Creative Centre Q1 2024 vs. Q1 2023 Melissa & Doug was acquired on Jan 2, 2024. M&D operating results for the three months ended March 31, 2024 are included in the Company's consolidated results TOYS +22.1% TOYS as reported +21.5% +21.3% as reported Q1 2024 Q1
Slide 7: Gross Profit and Gross Margin
Gross Profit and Gross Margin Gross Profit3 ($) Gross v Margin1 (%) 177.1 -890bps -240bps as reported as reported Q1 2024 Q1 2024 58.4 58.4 158.5 158.5 156.5 56.0 49.5 Q1 2024 Q1 2023 Q1 2024 Q1 2023 Q1 2024 Q1 2023 Q1 2024 Q1 2023 Gross Profit Adj. Gross Profit2,4 Gross Margin Adj. Gross Margin2,4
Slide 8: 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 ended March 31, 2024 are included in the Company's consolidated results % Q1 Q1 2024 2023 Change as reported Selling, General and Administrative 197.7 149.3 32.4% Expenses (“SG&A“) Adjust
Slide 9: Key Balance Sheet and Cash Flow Metrics
Key Balance Sheet and Cash Flow Metrics (in US$ millions) March 31, March 31, December 31, Capital Allocation 2024 2023 2023 Business Acquisitions: Cash 205.5 569.3 705.7 Melissa & Doug $955.5M (net of cash acquired) Trade receivables, net 285.9 177.5 414.4 During Q1 2024, repurchased Other receivab
Slide 10: Toys Highlights
TOYS Toy Gross 22.1% Q1 2024 Product Sales1,2 $264.1M YoY HIGHLIGHTS 21.5% Toy Revenue1 $226.4M YoY v Toys Operating Loss $(90.8M) Toys Operating Margin (40.1)% Toys Adjusted EBITDA2 $(32.5M) Toys Adjusted EBITDA Margin2 (14.4)% 1. Melissa & Doug was acquired on Jan 2, 2024. M&D operating results fo
Slide 11: Toy Gross Product Sales Q1 2024 vs. Q1 2023
Toy Gross Product Sales1,2 Q1 2024 vs. Q1 2023 Preschool, Outdoor -6.9% Infant & Toddler Activities, Games Wheels and Plush -26.6% & Puzzles and Dolls & Action +48.7% & Interactive +28.6% Toy Gross Product Sales1 increased by 22.1% to $264.1M v 11 ©2024 Spin Master. All Rights Reserved. 1. Melissa &
Slide 12: Point-of-Sale Metrics
Point-of-Sale1 ("POS") Metrics Q1 2024 Geographic Spin Master POS YoY Q1 20242 Q1 Global2 30% Q1 Global2 +1% +16% 25% 29% Q1 Global2 20% -4% 15% 21% 10% Q1 Global2 Q1 Global2 -8% 5% 6% +32% -1% 0% -3% -4% -5% Spin Master 3 Spin Master (excl. M&D) Q1 Global2 Global US Int. (ex. US) -15% v 1. Point-of
Slide 13: Entertainment Highlights
ENTERTAINMENT Q1 2024 HIGHLIGHTS Entertainment Revenue $43.8M 16.5% YoY Entertainment v Operating Income $28.6M Entertainment Adjusted Operating Income 1 $29.1M Entertainment Operating Margin 65.3% Entertainment Adjusted Operating Margin1 66.4% 1. Non-GAAP financial measure or ratio. The composition
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Slide 15: Digital Games Highlights
DIGITAL GAMES Q1 2024 HIGHLIGHTS Digital Games Revenue $46.0M 3.2% YoY Digital vGames Operating Income $13.2M Digital Games Adjusted Operating Income1 $15.2M Digital Games Operating Margin 28.7% Digital Games Adjusted Operating Margin1 33.0% 1. Non-GAAP financial measure or ratio. The composition, u
Slide 16: Digital Games – Q1 Financial Results
Digital Games – Q1 Financial Results Revenue Adj. Operating Income1 (US$ millions) (US$ millions) 34 51 48 46 14 22 19 15 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 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 17: Monthly Active Users and Active Subscriptions
Monthly Active Users1 ("MAU") Active Subscriptions2 Ages ~ 374k1 +12% 2-5 vs. 333k Q1 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 Q1 2024 Q1 2024 2-5 56k NEW -0.5M -2.4M Subscription 58.2M 54.
Slide 18: Digital Games Portfolio
Digital Games Portfolio IN DEVELOPMENT LIVE IN SELECT LIVE GLOBALLY2 MARKETS1 Live in select markets: IN APP Summer 2024 PURCHASES Live in select markets: Summer 2025 v Unannounced NEW CONTENT coming to SUBSCRIPTIONS 18 ©2024 Spin Master. All Rights Reserved. 1. Available in select markets to test K
Slide 19: Maintains 2024 Outlook
Maintains 2024 Outlook Toy Gross Adjusted Product Sales1 Revenue EBITDA Margin1 2023 $1,787.2M $1,904.9M 22.0% In line with 2023, In line with 2023, In line with 2023, excluding Melissa excluding Melissa excluding Melissa & Doug. & Doug. & Doug and net cost Net Cost Synergies2 synergies realized. Ex
Slide 20: 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
Slide 21: CSR Priorities and Goals
CSR Priorities and Goals 21 ©2024 Spin Master. All Rights Reserved.