Air hogs spin master12/16/2022 ![]() Sales Allowances 1 increased by US$9.3 million to US$73.4 million. Other Revenue grew by US$58.4 million or 120.9% to US$106.7 million, driven by higher entertainment and licensing revenue and digital games revenue.Įntertainment and Licensing revenue was US$53.0 million, US$32.4 million or 158.0% higher, primarily driven by distribution revenue related to PAW Patrol: The Movie.ĭigital games revenue was US$53.8 million, an increase of US$26.0 million or 93.5%, driven by growth in Toca Life World. International Gross Product Sales 1 were 39.5% of total Gross Product Sales 1, compared to 38.3%. Gross Product Sales 1 increased by 20.5% in Europe, 16.7% in Rest of World and 13.8% in North America. In Constant Currency 1 terms, Gross Product Sales 1 increased by 15.4%. Gross Product Sales 1 increased by 16.0% to US$681.2 million from US$587.4 million, primarily driven by higher sales in Preschool & Girls and Boys. ![]() In Constant Currency 1 terms, total revenue increased by 24.2%. Total Revenue of US$714.5 million increased by 25.0% from US$571.6 million. Q3 2021 Financial Highlights as compared to the same period in 2020 With a continued focus on innovation and operational execution, we believe we are well positioned to bring magical play experiences to kids and their families." Within digital games, Toca Life World continues to drive exceptional consumer engagement and revenue growth. Our first feature film, PAW Patrol: The Movie, helped recruit new fans to the franchise through increased awareness globally, which drove demand for our toys. and build momentum ahead of the holiday season. "Our global supply chain team expertly managed the market disruptions to ensure steady inventory flow, which allowed us to grow our market share in the U.S. The Company's full Management's Discussion and Analysis ("MD&A") for the three and nine months ended Septemis available under the Company's profile on SEDAR ( and posted on the Company's web site at "It's rewarding to see our strategic approach to toy innovation, engaging storytelling and open-ended digital play drive strong revenue growth across our three creative centres," said Max Rangel, Spin Master's Global President and Chief Executive Officer. ("Spin Master" or the "Company") (TSX: TOY) ( a leading global children's entertainment company, today announced its financial results for the three and nine months ended September 30, 2021. Light enough to float on air, tough enough to bounce off objects and stay airborne! Bump, crash, and keep on playing with Air Hogs Gravitor!įor over three decades, Air Hogs has been synonymous with innovation and high energy excitement.Revenue increases 25% driven by growth across Toys, Entertainment and Digital Games. The Air Hogs Gravitor is a cool toy drone that kids love. Use the trick stick for tossing and catching and more ways to play with friends! With durable and lightweight construction, the Gravitor is a great indoor drone – bounce and rebound without damaging walls or furniture. Air Hogs Gravitor takes on zero gravity flight movements with the power of your hands! Unlike remote control toys, Gravitor can fly without a remote! The Air Hogs Gravitor senses what’s below and hovers above it! Use your hands or body to control Gravitor and master countless tricks, including the shoulder slide, kick flip, boomerang and more.
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