WildBrain Ltd Q2 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Daniel Kurnos - Benchmark Company - Analyst : Great, thanks. Good morning. That's another nice print, guys. Josh, just a couple things just to get out of the way. Number one, with the asset sales, are we, are there other opportunities you see for incremental asset sales or are we kind of standing pat now we have the portfolio where it is and we're going to continue to drive the efficiencies of what we've got.

Question: Daniel Kurnos - Benchmark Company - Analyst : Got it. I promise, Josh, we'll get to the good cash flowy stuff in a second. I do want to just, speaking of though, as content production does come back online, I think you said, returning to growth on that side, obviously the AVOD at stuff has been great. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 12, 2025 / 3:00PM, WILD.TO - Q2 2025 WildBrain Ltd Earnings Call How much of the How much timing or pull into quarter three was there in the quarter and I mean you have a really easy comp in quarter three and then a tougher comp in quarter four, but I mean, do we expect growth year-on-year in the back half of the year on the content production side?

Question: Daniel Kurnos - Benchmark Company - Analyst : Okay, perfect. So, let's get to the fun stuff. So, you guys accelerated your global licensing growth by five points quarter-over-quarter, despite a 10% tougher comp against growth last year. Josh, maybe just unpack a little bit more if you will, some of the ancillary channels you talk about promotional and consumables. I don't know how much to think about how that. Adds to the equation number one and then number two, are we running now over let's call it $10 million plus and I'm sure you won't give a specific number, but just in non-peanuts revenue because it, given what happened with strawberry and Teletubbies in the quarter, it seems like it's starting to be a much more material impact to the total even given how large peanuts is.

Question: Daniel Kurnos - Benchmark Company - Analyst : That is super helpful. I figured I'd asked enough questions, Nick, so I didn't ask the CPLG one, but thank you for the colour and it's clearly showing through the pivot here guys, X, the broadcast business. So, it's a nice print. Thank you.

Question: Drew McReynolds - RBC Dominion Securities Inc. - Analyst : Hi, good morning. It's Rayland on for Drew. Thanks for taking my questions. So, first, just on the global licensing, obviously really good to see the strength there and I know you mentioned just the sustainability a few times in your prepared remarks. So, I guess just as we look to the back half of fiscal '25 and into 2026, to what extent do you think this current momentum and just the year-over-year growth that you've seen in quarter one and quarter two is sustainable? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 12, 2025 / 3:00PM, WILD.TO - Q2 2025 WildBrain Ltd Earnings Call And then just secondly, obviously a lot of moving parts on the macro side, but just curious to hear what you're seeing. At the macro level across the various regions and just if there would be any meaningful exposure to potential tariffs.

Question: Drew McReynolds - RBC Dominion Securities Inc. - Analyst : Okay, great, thanks guys and just want to follow up. I know you mentioned the majority sale of television is going through the CRTC process. Just curious if you have a sense of timing there. I know previously you mentioned I think it was three to six months, so is that still the expectation?

Question: Drew McReynolds - RBC Dominion Securities Inc. - Analyst : Okay, great, that's all for me.