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Funko's 2021 net sales reach $1.03 billion, up 58% year over year

Wed Mar 09 2022

Funko's earnings report said that, thanks to the continued diversification of its product categories, including dolls, plush toys, games, clothing and accessories, Funko's net sales reached $1.03 billion last year, an increase of 58% year-on-year, and its net income increased 595% to $67.9 million. That success culminated in a 48% increase in net sales in the fourth quarter.
   
  Net sales of Funko dolls increased 50% to $255.1 million in the fourth quarter of 2021, while net sales of other products increased 44% to $81.1 million, reflecting consumer interest in Loungefly products, games, gross Strong demand for fleece and accessories. The company also entered the greeting card market with the debut of its Popsie brand.

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Founded in 1986, China Toy and Juvenile Products Association (CTJPA) is the only nation-wide non profit trade association representing the interests of Chinese toy and juvenile product industry. The registered members of CTJPA consists of toy and baby product manufacturers from more than 30 production hubs, distributors / retailers from 330 major cities of China and multinational toy companies from the U.S, Europe and Japan.

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