{"id":212186,"date":"2022-02-02T08:52:59","date_gmt":"2022-02-02T08:52:59","guid":{"rendered":"https:\/\/toyworldmag.co.uk\/?p=212186"},"modified":"2022-02-02T09:05:28","modified_gmt":"2022-02-02T09:05:28","slug":"spin-master-reports-preliminary-21-and-q4-21-revenue","status":"publish","type":"post","link":"https:\/\/toyworldmag.co.uk\/spin-master-reports-preliminary-21-and-q4-21-revenue\/","title":{"rendered":"Spin Master reports preliminary \u201921 and Q4 \u201921 revenue"},"content":{"rendered":"<p><strong>Spin Master\u2019s Q4 revenue grew 26.5%, driven by growth in toy, entertainment and licensing, as well as digital games revenues.<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-190332 alignright\" src=\"https:\/\/toyworldmag.co.uk\/wp-content\/uploads\/2021\/05\/spin-master-world-nf.png\" alt=\"\" width=\"480\" height=\"258\" srcset=\"https:\/\/toyworldmag.co.uk\/wp-content\/uploads\/2021\/05\/spin-master-world-nf.png 480w, https:\/\/toyworldmag.co.uk\/wp-content\/uploads\/2021\/05\/spin-master-world-nf-300x161.png 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/>The company\u2019s preliminary unaudited revenue for the three months ended 31st December was $620.5m, up from $490.6m in the fourth quarter of 2020. Total revenue for 2021 was $2,042.4m, an increase of 30% from $1,570.6m.<\/p>\n<p>For the full year, <a href=\"https:\/\/www.spinmaster.com\/en-GB\">Spin Master&#8217;<\/a>s toy revenue increased by $316.2m or 22.3% to $1,731.8m, driven by growth in all product categories, particularly Pre-school and Dolls &amp; Interactive, where the company saw significant increases in Paw Patrol, as well as sales of Wizarding World, <a href=\"https:\/\/toyworldmag.co.uk\/spin-master-named-global-master-toy-partner-for-dreamworks-gabbys-dollhouse\/\">Gabby&#8217;s Dollhouse<\/a> and Purse Pets.<\/p>\n<p>Gross Product Sales in Activities, Games &amp; Puzzles and Plush increased by 9.9%, primarily driven by increases in Kinetic Sand, Gund and Rubik\u2019s. Gross Product Sales in Wheels &amp; Action increased by 14.8%, primarily driven by increases in DC licensed products, Monster Jam RC and Tech Deck, while Gross Product Sales in Outdoor increased by 31.1%, primarily driven by increases in SwimWays and Aerobie.<\/p>\n<p>Max Rangel, Spin Master\u2019s Global president and chief executive officer, commented: &#8220;We delivered very strong revenue growth for the fourth quarter and full year 2021, showcasing the power of our three creative centres comprising Toys, Entertainment and Digital Games. Toys&#8217; Gross Product Sales grew over 20% in 2021, driven by the global success of our new and innovative brands and enthusiastic fandom for our licensed toy properties. Our commercial team deftly navigated a complex supply chain environment in the fourth quarter to ensure we delivered products throughout the holiday season in a timely fashion, providing the foundation to grow our share in key markets. Our Entertainment creative centre capitalized on momentum from <a href=\"https:\/\/toyworldmag.co.uk\/new-paw-patrol-movie-announced-by-nickelodeon-and-spin-master-entertainment\/\">our first-ever feature film<\/a> for our leading pre-school franchise, Paw Patrol, to grow revenue over 73%. Our Digital Games creative centre generated impressive revenue growth of over 127% in 2021, with Toca Life World being recognized as the App Store&#8217;s 2021 iPhone App of the Year.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spin Master\u2019s Q4 revenue grew 26.5%, driven by growth in toy, entertainment and licensing, as well as digital games revenues. The company\u2019s preliminary unaudited revenue for the three months ended 31st December was $620.5m, up from $490.6m in the fourth &hellip; <a href=\"https:\/\/toyworldmag.co.uk\/spin-master-reports-preliminary-21-and-q4-21-revenue\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":190332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v20.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spin Master reports preliminary \u201921 and Q4 \u201921 revenue -<\/title>\n<meta name=\"description\" content=\"Spin Master\u2019s Q4 revenue grew 26.5%, driven by growth in toy, entertainment and licensing, as well as digital games revenues.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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