(Corrects currency to C$ in Bullets 1 and 2 of Outlook)

Overview

* WildBrain Q1 2026 revenue up 13% yr/yr, driven by Global Licensing growth

* Net loss for Q1 2026 including Television widens to C$32.6 mln from C$10.6 mln in Q1 2025

* Company ceased Television operations to focus on higher-margin opportunities

Outlook

* WildBrain ( WLDBF ) reaffirms FY 2026 revenue of C$560 mln to C$590 mln including Television

* Company expects FY 2026 adjusted EBITDA of C$80 mln to C$85 mln including Television

* WildBrain ( WLDBF ) anticipates FY 2026 revenue growth of 15% to 20% excluding Television

Result Drivers

* GLOBAL LICENSING GROWTH - 29% increase in Global Licensing revenue driven by Peanuts, Strawberry Shortcake, and Teletubbies

* TELEVISION EXIT - Ceased operations of WildBrain Television to focus on higher-margin brand, content, and licensing opportunities

* PEANUTS PARTNERSHIP - Renewed multi-year partnership with Apple TV for Peanuts, extending through 2030

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Slight C$125.5 C$126.32

Revenue Miss* mln mln (2

Analysts

)

Q1 C$20.9

Adjusted mln

EBITDA

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the entertainment production peer group is "buy."

* Wall Street's median 12-month price target for WildBrain Ltd ( WLDBF ) is C$2.38, about 39.8% above its November 12 closing price of C$1.43

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)