Funko reported losses for Q4 and full year 2024, albeit smaller than in the previous year, with continuing U.S. sales declines.  Funko lost $1.5 million in Q4, an improvement from the $10.8 million loss in Q4 2023.  For the year, Funko lost $14.7 million, improved from a $154.1 million loss in 2023.

Global sales increased  a slight 0.9%, from $291.2 million in Q4 2023 to $293.7 million in Q4 2024, but U.S. sales, where Funko has been warning of consumer weakness (see "Funko Sees Warning Signs"), lagged, down 9.7% from $197.4 million to $178.2 million for the quarter.

Underlying sales trends included growth in sports merch, a 7% increase in sales of products based on anime in Q4, and continued growth in direct-to-consumer sales, which are now 29% of sales, up from 25%.

For the year, sales were down 4.2%, from $1.096 billion in 2023 to $1.050 billion.  Funko released guidance for 2025, with sales expected to be flat to up slightly.  Sports, music, and gaming are seen as growth segments.