Report
Fiona Orford-Williams

Mondo TV - Screening well

Good traction on key properties, such as MeteoHeroes and BatPat 2, helped drive a 19% increase in production value for Q120 over the prior year, with an 8% uplift in EBIT to €1.9m. The Toon2Tango collaboration is already generating interesting properties and distribution opportunities. Global appetite for children’s TV content remains good, if anything strengthened by the impact of COVID-19. Mondo’s multi-territory operations allow production to continue without significant interruption. Our profit and earnings forecast for FY20 are lifted by around 10% to a little below management’s published business plan.
Underlying
Mondo TV S.p.A.

Mondo TV is an Italian-based television company engaged in the production and distribution of animated TV series and full-length feature films for TV and cinema. Co. is involved in the entire production process which includes pre-production, production and post-production. The full production cycle calls for a period of time that generally falls between eight and 16 months. Co.'s distribution activities revolve around the distribution of cartoon series and animated features. TV distribution rights for Co.'s cartoon series are sold to public and private networks including Free TV, Pay TV, Pay for View, Cable TV, and satellite TV.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Fiona Orford-Williams

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch