{"id":3275,"date":"2017-10-27T10:03:19","date_gmt":"2017-10-27T14:03:19","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3275"},"modified":"2017-10-27T10:03:19","modified_gmt":"2017-10-27T14:03:19","slug":"funko-inc-fnko-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/funko-inc-fnko-ipo-preview\/","title":{"rendered":"Funko, Inc ($FNKO) #IPO Preview"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.37.04-AM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3276\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.37.04-AM.png\" alt=\"FunkoLogo\" width=\"177\" height=\"63\" \/><\/a><\/p>\n<p>Company: Funko, Inc<br \/>\nSymbol: FNKO<br \/>\nDescription: They are a leading pop culture consumer products company.<br \/>\nShares: 13.3 million<br \/>\nPrice Range: $14.00-$16.00<br \/>\nTrade Date: 11\/2<br \/>\nUnderwriter(s): Goldman Sachs &amp; Co., J.P. Morgan, BofA Merrill Lynch<br \/>\nCo-Manager(s): Piper Jaffray, Jefferies, Stifel, BMO Capital Markets, SunTrust Robinson Humphrey<\/p>\n<p><a href=\"https:\/\/www.motifinvesting.com\/ipos\/funko-2802?utm_medium=partner&amp;utm_source=ipo-boutique&amp;utm_campaign=ipo\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter wp-image-3278 size-full\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.47.02-AM.png\" alt=\"Screen Shot 2017-10-27 at 9.47.02 AM\" width=\"747\" height=\"53\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.47.02-AM.png 747w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.47.02-AM-600x43.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.47.02-AM-300x21.png 300w\" sizes=\"(max-width: 747px) 100vw, 747px\" \/><\/a><\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1704711\/000119312517315943\/d369769ds1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>: Their\u00a0business is built on the principle that almost everyone is a fan of something and the evolution of pop culture is leading to increasing opportunities for fan loyalty. They create whimsical, fun and unique products that enable fans to express their affinity for their favorite \u201csomething\u201d\u2014whether it is a movie, TV show, video game, musician or sports team. They infuse their\u00a0distinct designs and aesthetic sensibility into one of the industry\u2019s largest portfolios of licensed content over a wide variety of product categories, including figures, plush, accessories, apparel and homewares.<\/p>\n<p><strong>FINANCIALS:\u00a0<\/strong>Their financial performance reflects the strong growth of their business. From 2014 to 2016, they expanded their net sales, net income and Adjusted EBITDA at a 100%, a 17% and an 86% compound annual growth rate, or CAGR, respectively. They achieved this growth without reliance on a singular \u201chit\u201d property as no single property accounted for more than 15% of annual net sales during that period.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3277\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM.png\" alt=\"FunkoFinancials\" width=\"1758\" height=\"465\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM.png 1758w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM-600x159.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM-300x79.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-27-at-9.40.13-AM-1024x271.png 1024w\" sizes=\"(max-width: 1758px) 100vw, 1758px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May\u00a0<span style=\"font-weight: 400;\">by\u00a0<\/span><a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=2333\"><span style=\"font-weight: 400;\">clicking here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Funko, Inc Symbol: FNKO Description: They are a leading pop culture consumer products company. Shares: 13.3 million Price Range: $14.00-$16.00 Trade Date: 11\/2 Underwriter(s): Goldman Sachs &amp; Co., J.P. Morgan, BofA Merrill Lynch Co-Manager(s): Piper Jaffray, Jefferies, Stifel, BMO Capital Markets, SunTrust Robinson Humphrey Link to S-1\/A Prospectus Link to Retail Roadshow Business: Their\u00a0business[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1394],"class_list":["post-3275","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-fnko"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3275"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3275\/revisions"}],"predecessor-version":[{"id":3279,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3275\/revisions\/3279"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}