05:34 PM EST, 02/24/2025 (MT Newswires) -- Spin Master ( SNMSF ) , after trade Monday, said its fourth-quarter profit and revenue rose year-over-year, but both missed expectations.

The children's toys and media company said its adjusted net income climbed to US$57.4 million, or US$0.55 per diluted share, in the period, from US$20.5 million, or US$0.19 per diluted share a year ago. FactSet expected US$0.68 per share.

Revenue, including Melissa & Doug revenue, rose to US$649.1 million from US$502.6 million a year prior. FactSet projected US$659.9 million.

For 2025, the company expects toy gross product sales to grow by 4% to 5% compared to 2024, revenue to increase by 4% to 6% compared to 2024, and adjusted earnings before interest, taxes, depreciation, and amortization margin of 20% to 21%, slightly down from 20.5% in 2024. The company added that the outlook includes the performance of Melissa & Doug.