Key Highlights

  • 0.23 is the per-share loss projected for Cineverse in the screener snapshot, compared with a loss of 0.45 at Beasley Broadcast, while the snapshot lists no EPS estimate for Kartoon Studios.
  • 47.93 million is the USD valuation of Cineverse in the snapshot, topping USD 31.33 million for Kartoon Studios and USD 12.25 million for Beasley Broadcast, all at micro-cap or nano-cap scale.
  • 40.5 million is the USD in cash plus marketable securities that Kartoon Studios held on June 30, 2026, against USD 4.3 million in cash at Cineverse and USD 6.7 million at Beasley Broadcast.
  • 144.8 million is Beasley Broadcast's USD net long-term debt, lowered from USD 235.3 million, while Cineverse restated its fiscal 2027 Revenue outlook of USD 115 million to USD 120 million and Kartoon offered none.

Cineverse Corp. (NASDAQ:CNVS): Loss Estimate of 0.23 and Restated Outlook

Cineverse Corp. (NASDAQ:CNVS) will publish second-quarter fiscal 2027 results, covering the period ended September 30, 2026, on November 13, 2026, ahead of the opening bell. Analysts project a loss of USD 0.23 a share, and the screener snapshot lists a valuation of USD 47.93 million. Below USD 100 million, the company is small enough that trading can dry up and prices can swing sharply. In the year-ago quarter, revenue was USD 12.4 million, down 3% from USD 12.7 million, the loss applicable to common shareholders was USD 5.7 million, or USD 0.31 a share, and adjusted EBITDA showed a loss of USD 3.7 million. During first-quarter fiscal 2027, revenue reached USD 30.6 million, up 175%, the loss applicable to common shareholders was USD 5.8 million compared with USD 3.6 million, and adjusted EBITDA came to USD 0.5 million, the second positive quarter in a row. Direct Operating Margin slid to 35% from 57%. Management restated fiscal 2027 revenue guidance of USD 115 million to USD 120 million with adjusted EBITDA of USD 10 million to USD 20 million, and aims for over USD 13 million in cost savings. Cineverse Corp. (NASDAQ:CNVS) had USD 4.3 million in cash with a USD 12.5 million revolver on offer, while Working Capital sat at negative USD 18.9 million, which includes USD 18 million in deferred consideration plus an earn-out. Streaming hit 4.5 billion minutes, up 33%, with 122.8 million viewers and 1.52 million video subscription customers, and USD 7.5 million of the savings are expected within the year. Neither total Debt nor share count turned up in coverage, and integrating acquisitions is a risk. Put simply, Cineverse pairs a restated outlook with a modest cash balance.

Kartoon Studios Inc. (NYSEAMERICAN:TOON): No EPS Estimate Following a Settlement Gain

Kartoon Studios Inc. (NYSEAMERICAN:TOON) will publish third quarter 2026 results on November 13, 2026, ahead of the opening bell. The snapshot shows no consensus EPS estimate, leaving no profit yardstick, and a valuation of USD 31.33 million. Below USD 100 million, the company is small enough that trading can dry up. Last quarter, reported income of USD 27.0 million came from a one-off settlement gain of USD 39.2 million, which makes its operating loss of USD 3.4 million the cleaner reference. Revenue was USD 5.8 million, down from USD 10.3 million, total operating costs fell 32% to USD 9.2 million, with other income at USD 31.1 million against a USD 2.9 million expense. Management gave no numeric outlook and said the quarter mostly reflected its legacy operating approach, while diluted EPS was USD 0.38 against a loss of USD 0.13. Kartoon Studios Inc. (NYSEAMERICAN:TOON) sold the Frederator channel network in July 2026 but kept the Frederator IP, and a distribution deal for Hundred Acre Wood is set to launch on February 18, 2027. Kartoon held USD 40.5 million in cash plus marketable securities on June 30, 2026, above the valuation in the snapshot, a comparison by calculation rather than a view on worth. Taken together, Kartoon's cash exceeds its snapshot valuation, but that says little about operations. Obligations covered USD 4.9 million in operating Lease liabilities, a USD 0.8 million factoring Liability and a USD 4.0 million standstill payable, along with 62,204,105 shares outstanding. Revenue dropped roughly 43% by calculation, and management is focusing on its own children's franchises. The status of USD 39.2 million in escrowed funds remains unclear; legal costs stay a risk.

Beasley Broadcast Group, Inc. (NASDAQ:BBGI): Estimate 0.45 and a Going-Concern Factor

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) is slated to publish once trading ends on November 13, 2026. The snapshot dates the event to third quarter 2026, a label still to be confirmed, and the period ended September 30, 2026 fits that description. The screener snapshot puts the consensus at a loss of USD 0.45 a share, and the valuation is USD 12.25 million, the lowest among the trio, a size that carries nano-cap risk. A year earlier, third-quarter revenue was USD 51.0 million with a loss of USD 0.3 million. During second-quarter 2026, net revenue was USD 44.1 million against USD 53.0 million, adjusted EBITDA climbed to USD 5.3 million from USD 4.7 million, with digital revenue at USD 11.7 million, or 26% of the total. Reported income of USD 84.3 million reflected a USD 91.8 million gain on debt restructuring, so the USD 45.95 per-share number is a poor indicator of operating results. Beasley Broadcast Group, Inc. (NASDAQ:BBGI) brought long-term debt, net, down to USD 144.8 million from USD 235.3 million, had USD 6.7 million in cash and flags going-concern doubt. No outlook for the third quarter turned up, although management cited about USD 10 million in fresh annualized cost cuts. Revenue over six months was USD 86.7 million versus USD 101.9 million, corporate expenses dropped 37.3% to USD 2.4 million, with working capital improving to USD 9.1 million from USD 0.2 million. Total debt shrank by USD 95 million, including a 46% cut in second-lien debt, whereas Operating Cash Flow for six months showed an outflow of USD 15.2 million. A highlights table also disagreed with figures in the income statement for Operating Income across the first six months of 2025.

Where Things Stand

For Canadian investors sizing up the group: Cineverse Corp. (NASDAQ:CNVS) has a projected loss of 0.23, USD 4.3 million in cash and a restated fiscal 2027 revenue outlook of USD 115 million to USD 120 million. Kartoon Studios Inc. (NYSEAMERICAN:TOON) has no estimate, USD 40.5 million in cash plus securities, with no numeric outlook. Beasley Broadcast Group, Inc. (NASDAQ:BBGI) has a projected loss of 0.45 and USD 144.8 million in net long-term debt. All three are valued below USD 100 million, so trading can dry up. Cineverse and Kartoon publish ahead of the open, with Beasley publishing once trading ends. This piece is informational only.