Funko, Inc. (NASDAQ:FNKO) Q4 2022 Earnings Conference Call March 1, 2023 4:30 PM ET

Company Participants

Ben Avenia-Tapper - Director of IR

Brian Mariotti - CEO

Steve Nave - CFO & COO

Conference Call Participants

Alexander Perry - Bank of America Merrill Lynch

Linda Bolton-Weiser - D.A. Davidson & Co

Megan Alexander - JPMorgan

Gerrick Johnson - BMO

Stephen Laszczyk - Goldman Sachs

Andrew Uerkwitz - Jefferies

Operator

Good afternoon, and welcome to Funko’s conference call to discuss financial results for the fourth quarter of 2022. [Operator Instructions] Please be advised that reproduction of this call in whole or in part is not permitted without written authorization from the company. And as a reminder, this call is being recorded.

I would now turn the call over to Ben Avenia-Tapper, Director of Investor Relations, to get started. Please proceed.

Ben Avenia-Tapper

Thank you, and good afternoon. With us on the call today are Brian Mariotti, Chief Executive Officer; and Steve Nave, newly appointed Chief Operating Officer and Chief Financial Officer.

Before we begin, I’d like to remind everyone that during the course of this conference call, management will discuss forecasts, targets and other forward-looking statements regarding the company and its financial results. While these statements represent our best current judgment about future results and performance as of today, our actual results are subject to many risks and uncertainties that could cause actual results to differ materially from what we expect. In addition to any risks that we highlight during the call, Important factors that may affect our future results are described in our most recent SEC reports and today’s earnings press release.

In addition, we will refer to non-GAAP financial measures during the discussion. Reconciliations to the most directly comparable U.S. GAAP financial measures and supplemental financial information can be found in the earnings press release and 8-K that we released earlier today. All these items, plus a visual presentation that investors can consult to follow along with this discussion are available on our Investor Relations website, investor.funko.com.

I will turn the call over to Brian.

Brian Mariotti

Good afternoon, and thank you, everyone, for joining us today. As most of you know, this is my first earnings call as I step back into the role of CEO in December. I’d like to use this call to provide an update for the important work that is underway at Funko. I want to first emphasize that I step back into the role of CEO because I fully believe in the power of the Funko brand and its potential, but also recognize significant operational issues confront us.