Listen up. It's hard for a gay bear to say no to some BB; however, I miss the good quality bear posts and I'm not taking any more of the glittery $BB DD lying down. This post is a critique of positive remarks made about BlackBerry QNX. This is not financial advice. Welcome to the casino.
tl;dr QNX is not high-tech, isn't primed for crazy growth and isn't something that can milk a monopoly position. 🌈🐻
The retards with their bullish DD for $BB are getting off on explaining RTOS, the impenetrable security, the moat of standards, QNX's usage count, the EV & autonomous car revolution, and IVY. All of these points are weak and don't combine to create a strong bundle of sticks.
RTOS Stop throwing around the term RTOS like it's magic. An RTOS is just OS that lets tasks ask to be run within a certain time. Engineering students spin up basic RTOSs in half-semester courses. Sure QNX is going to be vastly more complicated than a student project, but stop throwing around "RTOS" like it's secret tech.
"It's so secure!" Known vulnerability counts of a software can be low for non-flattering reasons: the software is not open-source, no-one cares to hack it, there arn't many features and the software doesn't change fast. I think that the autonomous and EV progress will increase scrutiny of automotive software and we will start to see some QNX bugs. In addition, the pressure on QNX to start adding features faster will also bring some bugs. Random speculation: I bet that there are some zero-day vulnerabilities of QNX known to organizations like the NSA.
"But QNX has a moat! Look at all these safety standards." These safely standards are a shitty moat that will backfire. In general, I think safety standards for software are a joke. Check out this PDF guide to ISO 26262. The standard focus on, among other things, to "use style guides" and "use naming convection" and "restrict coupling between software components". The whole standard seems like a joke.
One illuminating document I found titled "Tesla comments on the cyber security regulation interpretation document" (source) is Tesla making recommendations on how to update the W.29 standards. It has the following passage:

"We believe the current regulations and interpretations extensively consider the context of a traditional OEM "model-year" release rate, but do not factor in the perspective of a company that releases software at a faster rate than once or twice per year - similar to the model used by every other modern internet-connected consumer device. The current regulations and interpretations do not fully consider the overhead introduced to a manufacturer that releases software at a frequent pace. We believe is the direction the entire industry will move in, especially to address security and safety considerations. Any requirement to submit documentation, or wait for approval, for every individual software release will compromise velocity and agility; and works against the goals of a cyber security strategy. The regulation should be designed so it is based on evaluation of the manufacturer's internal processes, appropriate records of activities, and trust between manufacturers and authorities."

Claims that Tesla is having difficulty passing these standards carry truth but are misguided; the standards are archaic and don't fit with modern software development and Tesla is contributing to these standards being rewritten.
"Look at the 175 million vehicles using QNX!" Is this an argument for growth or for a monopoly? An argument for growth shouldn't be "QNX already has a large % market penetration". In comparison, the growth argument for EVs and self-driving cars is that there are hardly any now, and in 30 years most cars will be EVs with self-driving capabilities. If QNX has X% of the market now, I need evidence for why this will grow. Instead, if you are arguing that QNX has a monopoly, this also seems flawed. A quick google finds other companies have automotive platforms, such as GreenHills software which claims also to be "Proven in Hundreds of Millions of Vehicles" and also meets the standards such as ISO 26262.
I'm pretty sure nearly every car released in the last 20 years runs an OS of some sort. It's used to run tasks like like controlling the breaks, turning on your window wipers, lights, sound etc. RTOS is already a fundamental requirement of cars. Saying things like "EVs and self-driving cars means BB to the moon" is like saying we should invest in air bag companies because of strong growth of EVs and self-driving cars.
BlackBerry IVY I don't get how this is huge news. The press release is vague on the details. What actually is BlackBerry contributing here? What does BlackBerry get? 50/50 of what? Amazon wants everyone using AWS and will be happy to make deals to get people onto AWS. My guess is that AWS just needs a partner to figure out a good way to design some good APIs for car data. BlackBerry will be useful to AWS for a few years and then discarded.
Talent Bullish $BB DD doesn't even cover this, and it's probably one of the most important factors. A software companies long term advantage is it's strength to attract top talent. I don't see BB being able to compete in this game at all. I encourage people to check out some of the reviews of BlackBerry QNX on Glassdoor. It seems that most employees enjoy working an QNX but think that the parent company BlackBerry is dragging them down. Poor QNX doesn't even have a separate careers page—you get redirected to BlackBerry's career page which mixes all of their departments together on one page. Furthermore, looking at LinkedIn profiles of current BlackBerry QNX employees shows that the developer workforce is heavy on the old-guard and doesn't seem to have much young top-tier talent. If $BB can moon, maybe it can attract more talent, but currently, I think talent is going to be a serious issue for BlackBerry QNX.
Parting sentiment QNX will either continue to be a low level RTOS that moves your window wipers, or they will be squeezed-out as car companies or companies like Cruise or Deep Scale develop their own low-level OS or use an open-source one. I bought BB in the hype and I think there is a strong case for it being undervalued, but I place a low probability on BB becoming some automotive superstar based on QNX.
Position: I have 160 BB shares.
Edit: emoji Edit 2: links for LinkedIn and Glassdoor. Edit 3: a lot of you retards overlook arguments and base your opinion solely on me getting high on GME. I love wsb and I don’t want it becoming more of an echo chamber. I wrote about BB as I’m familiar with running software companies and the bull DDs for BB are cringe. I know nothing of retail businesses and I definitely worry that this has made me susceptible to one-sided GME hype.

Happy Friday everyone! 2/5/2021
Very happy with the week we've had. To those of you who added to the group, welcome! Amazing how fast this subreddit ran up, I joined at ~2k and wish you all nothing but the best of luck.I will be posting often here because I want to be involved in the community, and I want to breakdown news for you guys and speculate what is or could be happening in the market.To those of you who have been holding or buying, I am happy to hear you guys have the same sentiment. This is NOT just a trade, this is an investment. We believe there is value here. We believe there are strong business fundamentals here. We believe in John Chen and BB.
While I do appreciate the diamond hands, rocket ships and apes wanting to collect banana for massive banana fund, keep that away. This is an investment opportunity and should not be treated as a casino.
Now, to my post of the day.
With more and more partnerships being released to the news it's important to reflect on what we know, and possible routes I believe this could take. There are three massive players in the market that BB is associated with that would be prime candidates for a buyout.
-Google (Android) -Baidu (Apolo) -Amazon
Why would those companies want to buy BB? "Next-Generation Vehicle Products"
Google https://twitter.com/BlackBerry/status/1357793899872411648?s=20 This post confirms that BB is using Android (ie Google) technology and development, so an acquisition would be theoretically seamless and Google would be able to know the total lengths and extent that IVY could bring. If IVY is amazing, Google should buy them. Google may have a contract with Ford to provide them with something like IVY, but it could just as easily be IVY.
Baidu https://www.prnewswire.com/news-releases/baidu-tops-beijing-autonomous-vehicles-road-test-report-for-the-third-consecutive-year-301222929.html
Why is this relevant?
Autonomous vehicles are the future there is no doubt. They cannot get enough long-haul professional drivers, there's always a shortage. And with their partnership with Baidu, aka China's Google, why wouldn't Baidu try and prevent BB from working with Google and capture BB's market share before Google does? Baidu is clearly making an attempt to do everything Google is doing in this manner, Google already has had an autonomous car for TWELVE YEARS NOW. (source: https://www.investopedia.com/articles/investing/052014/how-googles-selfdriving-car-will-change-everything.asp#:~:text=In%202009%2C%20Google%20started%20the,self%2Ddriving%20project%20became%20Waymo. )
If Baidu was smart and wanted to capture the market share, an acquisition needs to happen as soon as possible, locking out Google.
Amazon https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=44A51ADB-0425-420D-8A06-6ACABFCF98FF&LangLocaleID=1033&Referrer=https%3A%2F%2Fwww.autonews.com%2Fevents%3Fevent_type%3D64571 Next-Gen Vehicle Architectures Unlock Unprecedented Opportunities for Automaker webinar. Sounds pretty interesting, I am excited to see what this brings. With Amazon already getting involved in autonomous drones, I have no doubt that this webinar is about autonomous vehicles.
​
BB has the experience, and the largest market share currently with QNX as of today in the market of what I will call for ease "next-generation vehicle products". They know the problems, they know the kinks from the years of feedback they've had to have with companies.
Vehicles are more and more advanced and are becoming more like computers. The advancement in infotainment in a vehicle would be comparable to the advancement in smartphones. It is and will be an ever-growing industry and only grow larger in time. Look at how far vehicles advanced in the last 20 years, like oil change/ tire sensors. Bluetooth technology, maps on your dashboard. A small thing today, but huge advancements at the time, and this technology will only continue to grow at an exponential rate, and it is not unreasonable to believe the next big thing is, and always has been the autonomous driving cars.
​
BB, A Security Company They're the best in class around the world, I feel like this has been repeated a thousand times, but... https://twitter.com/JohnChen/status/1356430527998423040?s=20 18/20 G20 Countries use BB security.7/7 G7 Countries use BB security.77% of Fortune 100 Companies use BB security.
They literally have freaking AI-driven antivirus developed already that is not too demanding on CPU or RAM. https://promos.cylance.com/en-ca/?gclid=CjwKCAiA9vOABhBfEiwATCi7GDHcCw5DTqiDegd3FZ4-LQ9YDwwvwcq8A88JYL0YItW__k1k2A4COxoCm8EQAvD_BwE
BB uses encrypted messaging on BBM and is available to everyone https://www.blackberry.com/us/en/company/newsroom/press-releases/2019/blackberry-makes-its-enterprise-grade-end-to-end-encrypted-messaging-platform-available-to-bbm-consumers
A lot like Whatsapp or Signal, these messages are encrypted. This is important for security reasons. You won't be hearing about any "Hilary Clinton email leaks" anymore with this.
​
Security is of #1 importance in autonomous vehicles
The vehicles of the future I promise you will all be connected to the internet. No question about it. They will be able to send and retrieve data easier amongst one another and the last thing we want is a virus developed that can completely brick the car's electronics, (think about it like deleting system32 on your computer) or even deadlier, deny the ability to brake will driving autonomously or drive recklessly.
​
This is everything BB is about. Providing safety, security, and reliability. Security is becoming greater and greater of importance on the internet as we move forward today.
​
Thank you for reading, and have a good weekend. Take care of yourself, your family and your friends.
And as always,
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. Furthermore, these are only my thoughts, so none of this should be considered financial advice.
I'm literally fucking retarded and if you take the financial advice of losers on Reddit you deserve to lose all your money.

2/9/21 Update: Additional info posted here

Funko is a good company with solid performance that is still trading at a reasonable price. Check out my DD below:
​
Funko (FNKO)
Share Price (1/28/21) : $11.97
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
Retail exclusives can grow the potential universe of licenses and increase retailer buy-in
· For example: A retailer like GameStop could lobby Funko to make a GameStop exclusive of the WallStreetBets Kid like this person suggested here. (The exclusive Pop! would be made into a limited edition and sold only to GameStop to sell at their stores)
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.
Previous DD: Herman Miller

Hi all,
To celebrate the return of Undervalued to the Reddit community, I decided to put together a quick DD and post it on a stock that I have had my eye on for a little while. It's still a "work-in-progress" and I may potentially update it later on Reddit with more information or detail if I have time at some point in the future.
If you have any opinions, thoughts, or additional information, please share it. Positive. Negative. Neutral. All information is helpful and informative to the community. (I thought the feedback received from my first DD posted to this sub was quite helpful and I look forward to what you have to say.)
Thank you to u/BuyLowSellNever for turning the sub back on; allowing us to share and discuss ideas with the broader community in a thoughtful and respectful manner. Best wishes. - LA

Funko (FNKO)
Share Price (1/28/21) : $11.97
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.

2/9/21 Update: Additional info posted here

Example. Jenna Fisher from the office is in 40 year old virgin (2006).
Joey king from kissing booth was in. crazy, stupid love (2011)
Another example. Richard Branson ceo of virgin. In Casino royal. (2006)
Started to notice them more as I watch more TV shows or amazons prime cast and crew/x-ray.
Any other examples of this would be great and ill be on my way to search for them.
Also..
Background production cameos do count.

All codes are HD unless listed otherwise.
All codes are $4 Each unless price listed.
101 DALMATIANS (GP) $6
12 STRONG (MA)
13 HOURS: THE SECRET SOLDIERS OF BENGHAZI (ITUNES 4K)
1917 (MA) $6
21 BRIDGES (ITUNES 4K) $6
3 FROM HELL (VUDU OR ITUNES)
300 RISE OF AN EMPIRE (MA)
3022 (SPLIT) (VUDU $6 OR ITUNES $4)
42: THE JACKIE ROBINSON STORY (MA)
ACTION POINT (SPLIT) ITUNES $3
AD ASTRA (MA) $5
ADAM'S FAMILY (ITUNES 4K) $8
ADRIFT (ITUNES)
ADVENTURES OF TIN TIN-THE (SPLIT) (VUDU OR ITUNES)
ALADDIN 2019 (MA 4K $8 OR GP $6)
ALIEN COVENANT (VUDU OR ITUNES 4K PORTS)
ALITA BATTLE ANGEL (MA) $6
ALMOST CHRISTMAS (SPLIT) VUDU OR ITUNES)
AMERICAN MADE (MA) $5
AMERICAN REUNION (UNDATED) (2012) (SPLIT) VUDU OR ITUNES
ANGEL HAS FALLEN 4K (VUDU OR ITUNES) $8
ANNIE (2014) (MA) (SD)
ANNIHILATION (SPLIT) VUDU OR ITUNES 4K)
ANTEBELLUM 4K (VUDU OR ITUNES) $10
ANTMAN & THE WASP (GP $6)
ANTMAN (GP $6)
APPARITION-THE (MA) 2012
AQUAMAN (MA) $5
AGRO (MA/VUDU)
ARRIVAL (SPLIT) VUDU OR ITUNES 4K
ART OF RACING IN THE RAIN-THE (MA) $7
ASSISSANS CREED (VUDU OR ITUNES 4K)
ATOMIC BLONDE (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $4)
AVENGERS ENDGAME (SPLIT) MA(HD)/ITUNES 4K $7 OR (GP $5)
AVENGERS I.W (SPLIT) (MA $6 OR GP $5)
ARKANSAS (VUDU OR ITUNES) $5
BACK TO THE FUTURE 3-MOVIE (MA/HD) 10.25
BACK TO THE FUTURE 3-MOVIE (MA/4K) $15
BACKDRAFT 2 (MA)
BAD MOMS CHRISTMAS-A (ITUNES)
BAD TIMES AT THE EL ROYAL (MA) $5
BALLERS S2 (SPLIT) (ITUNES)
BALLERS S3 (SPLIT) (VUDU OR ITUNES)
BARBER SHOP THE NEXT CUT (VUDU)
BATMAN BEYOND: THE COMPLETE SERIES $25
BATMAN V. SUPERMAN: DAWN OF JUSTICE (MA)
BATMAN: SOUL OF THE DRAGON (MA) $10
BAYWATCH (SPLIT) (VUDU 4K $5 OR VD HD $4 OR ITUNES 4K $4)
BEAUTY & THE BEAST (LIVE) (SPLIT) MA $4 OR GP $2
BEGUILED (MA)
BEST OF ENEMIES-THE (ITUNES)
BIG WEDDING-THE (VUDU)
BILL & TED FACE THE MUSIC (VD $$6.50)
BIRDS OF PREY (MA) 4K $9 OR HD $7
BLACK CHRISTMAS (MA) $7
BLACK PANTHER (SPLIT) (MA(HD)/🍏4K $7 OR GP $6)
BLINDED BY THE LIGHT (SD) (MA) $2
BLOODSHOT (MA) $8
BODY CAM (VUDU OR ITUNES 4K) $7
BOOK CLUB (ITUNES 4K) $2
BOSS BABY-THE (MA)
BOY 2-THE (ITUNES 4K) $6.50
BOYHOOD (VUDU OR ITUNES)
BRAVE (SPLIT) (MA $7 OR GP $6)
BREAKING IN (MA)
BREAKTHROUGH (MA) $6
BREACH (VUDU OR ITUNES) $10
BUDDY GAMES (VUDU OR ITUNES) $8
BUGS LIFE-A (SPLIT) (MA $7 OR GP $6)
BUMBLEBEE (SPLIT) (VUDU 4K $6 OR VUDU $4 OR ITUNES 4K) $2
BUTTONS A CHRISTMAS TALE (SPLIT) VUDU OR ITUNES
BYE BYE MAN (UNRATED) (SPLIT) (ITUNES)
CALL OF THE WILD (SPLIT) (MA) 4K $9, HD $6 OR GP $3)
CAPTAIN MARVEL (GP $5)
CAPTAIN UNDERPANTS FIRST EPIC MOVIE (MA)
CARS 3 (NP) (MA(HD)/ITUNES 4K$6 OR GP $5)
CATS & DOGS 3 :PAWS UNITE (MA) $8
CASINO 4K 1995 (MA) $8
CHRISTOPHER ROBIN (2018) SPLIT (MA $7) OR GP $5
COMING TO AMERICA 4K (ITUNES) $7
CONJURING-THE (MA)
CORRUPTED-THE (VUDU $5 OR ITUNES) $4
COUNTDOWN (ITUNES 4K) $5
CRAWL (SPLIT) (VUDU OR ITUNES 4K) $6
CREED 2 (VD) $5
CULT OF CHUCKY(UNRATED) (SPLIT) (ITUNES)
CURE FOR WELLNESS-A (SPLIT) VUDU OR ITUNES)
DADDY'S HOME 2 (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $3)
DALLAS BUYERS CLUB (VUDU OR ITUNES)
DARK KNIGHT RISES-THE (MA)
DEADWOOD THE MOVIE (VD) $5
DEATH WISH (VUDU)
DEEP WATER HORIZON (4K) (VUDU OR ITUNES) $6.50
DEN OF THIEVES (ITUNES)
DESPICABLE ME 3 (SPLIT) (VUDU OR ITUNES 4K)
DIVERGENT (2014) (VUDU)
DIVERGENT: ALLEGIANT SERIES (2016) (VUDU) $8
DIVERGENT: INSURGENT SERIES (2015) (VUDU) $8
DOCTOR SLEEP + DIRECTOR'S CUT (MA) $8
DOLPHIN TALE 2 (MA)
DOLITTLE (MA) $7
DOOM ANNIHILATION (MA) $5
DOORMAN-THE (VUDU OR ITUNES 4K) $7
DORA & THE LOST CITY OF GOLD (VUDU OR ITUNES 4K)
DOWNSIZING (SPLIT) VUDU OR ITUNES 4K)
DUNKIRK (MA)
ECHO BOOMERS (VUDU OR ITUNES) $7
ESCAPE PLAN (2013) VUDU
E.T-THE EXTRA TERRESTRIAL (ITUNES)
EXPENDABLES 2 (2012) (VUDU OR ITUNES 4K)
FAHRENHEIT 451 (SPLIT) (ITUNES)
FANTASTIC BEAST & WHERE TO FIND THEM 4K (MA) (2016) $7
FAST & THE FURIOUS #1- (SPLIT) VUDU/MA OR (ITUNES 4K)
FAST & THE FURIOUS #2- (SPLIT) (VUDU/MA ITUNES 4K)
FAST & THE FURIOUS #3- (SPLIT) (VUDU/MA OR ITUNES 4K)
FAST & THE FURIOUS #4- (SPLIT) ( VUDU/MA OR (ITUNES 4K)
FAST & THE FURIOUS #5 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES HD)
FAST & THE FURIOUS #6 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #7 EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #8 - FATE OF THE FURIOUS EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K
FAULT IN OUR STARS-THE (VD OR ITUNES 4K)
FAVOURITE-THE (2018) (MA) $8
FIFTY SHADES DARKER UNRATED (SPLIT) (VUDU OR ITUNES 4K )
FIFTY SHADES OF GREY (SPLIT) (VUDU OR ITUNES 4K)
FINDING DORY (SPLIT) (MA(HD) OR ITUNES 4K $6) NP OR (GP $4)
FIRST MAN (MA) $6
FOCUS (2015) (MA)
FORCE OF NATURE (VUDU OR ITUNES 4K) $6
FOUR KIDS & IT (VD) $6
FOX & THE HOUND 2 (SPLIT) (GP$6)
FROZEN (SPLIT) (MA 4K $7 OR GP $5)
GAURDIANS OF THE GALAXY VOL. 2 (SPLIT)
GEMINI MAN (VUDU 4K $8 OR HD $6 OR ITUNES 4K $4)
GENTLEMAN1-THE (ITUNES 4K) $8
GET HARD (MA)
GET OUT (SPLIT) (ITUNES 4K)
GHOSTBUSTERS 2 1989 (MA) $5
GHOST IN THE SHELL 2017 (SPLIT) VUDU OR ITUNES 4K)
GIRL ON THE TRAIN (SPLIT) VUDU OR ITUNES 4K)
GIRLS TRIP (SPLIT) (VUDU) OR (ITUNES)
GLASS (MA) $5
GOLD (SPLIT) (ITUNES)
GOLDFINCH-THE (MA) (SD) $2
GOOD BOYS (MA) $5
GOOD DINOSAUR-THE (GP $5)
GOOD LIAR-THE SD MA
GOONIES-THE 4K (MA) $7
GRAVITY (MA)
GREAT WALL-THE (SPLIT) VUDU OR ITUNES 4K)
GRETEL & HANSEL (VUDU) HD $8
GRINCH (2018) (MA) $6
GRINGO (AMAZON PRIME) $2
GROWN UPS 2 (MA)
GUNMAN-THE (SPLIT) (VUDU OR ITUNES)
HACKSAW RIDGE 4K (VUDU OR ITUNES) $7
HALLOWEEN (2018) (MA)
HANGOVER 2 (MA)
HAPPYTIME MURDERS (ITUNES)
HARRIET (MA) $9
HARRY POTTER & THE DEATHLY HALLOWS PT 2 (#7) (MA)
HEAT-THE (2013) (SPLIT) (VUDU OR ITUNES)
HEAVEN IS FOR REAL (MA HD $4 OR SD $2)
HIDDEN FIGURES (VUDU OR ITUNES 4K)
HIGH NOTE (MA) $8
HOBBIT-THE : AN UNEXPECTED JOURNEY (MA) $5
HOCUS POCUS (GP) $3
HOLMES & WATSON (MA) $5
HOME ALONE 2 (MA)
HONEST THIEF (MA) $9
HOSTILES (4K) (VUDU OR ITUNES) $5
HOT TUB TIME MACHINE (MA)
HOUSE-THE (MA)
HOW TO TRAIN YOUR DRAGON 1 (VUDU OR ITUNES )
HOW TO TRAIN YOUR DRAGON 1-3 (MA) $14
HOW TO TRAIN YOUR DRAGON 2 (MA)
HOW TO TRAIN YOUR DRAGON 3 (MA) $6
HUNGER GAMES (2012) (SPLIT) (VUDU OR ITUNES)
HUNGER GAMES: CATCHING FIRE (2013) (SPLIT) (VUDU OR ITUNES 4K)
HUNGER GAMES: MOCKING JAY PART 1 (2014) (SPLIT) (VUDU OR ITUNES 4K)
HUNGER GAMES: MOCKING JAY PART 2 (2015) (SPLIT) (VUDU OR ITUNES 4K)
HUNT-THE (MA) $8
HUNTSMAN-THE WINTERS WAR EXT (SPLIT) (VUDU HD OR ITUNES 4K)
HUSTLE-THE (ITUNES)
HUSTLERS (ITUNES)
IDENTITY THIEF (VD OR ITUNES)
I FEEL PRETTY (ITUNES)
I SEE YOU (SPLIT) (VUDU $6 OR ITUNES $4)
I STILL BELIEVE (VUDU OR ITUNES 4K) $6
I STILL SEE YOU (VUDU)
IF BEALE STREET COULD TALK (MA)
INCREDIBLES 2 (SPLIT) GP $6)
INCREDIBLES-THE (SPLIT) GP $6
INDEPENDENCE DAY: RESURGENCE (MA OR 4K VIA FOX) $5
INSIDE OUT (GP $5)
INSIDIOUS: THE LAST KEY (SD)(MA)
INSTANT FAMILY (SPLIT) (VUDU OR ITUNES 4K)
INVISIBLE MAN (MA) 4K $9 OR HD $7
IRONMAN (SPLIT) (MA/ITUNES 4K $8 OR GP $6)
IRONMAN 2 (MA/ITUNES 4K $8 OR MA HD/ITUNES 4K $7 OR GP $6)
IRON MAN 3 (MA4K/ITUNES 4K $8 OR GP $6)
IRON MASK (VUDU OR ITUNES) $7
IRRESISTIBLE (MA) $10
JACK REACHER N.G.B (SPLIT) VUDU OR ITUNES 4K)
JAMES BOND: THE DANIEL CRAIG COLLECTION (4 FILM BUNDLE) (VD HD $15)
JASON BOURNE : BOURNE IDENTITY (MA) 4K (2002) $8
JASON BOURNE : BOURNE SUPREMACY (MA) 4K (2004) $8
JASON BOURNE : BOURNE ULTIMATUM (MA) 4K (2007) $8
JASON BOURNE : BOURNE LEGACY (MA) 4K (2012) $8
JASON BOURNE (SPLIT) VUDU 4K $8 OR VD HD $4 OR ITUNES 4K $2 (2016)
JEXI (VUDU OR ITUNES 4K) $6
JIU JITSU (VUDU OR ITUNES) ($7)
JOHN HENRY (2020) (VUDU $4 OR ITUNES $2)
JOHN WICK 1 & 2 (VUDU) $10
JOHN WICK 3 4K (VUDU/ITUNES/GP) $10
JOKER (MA 4K $7 OR HDX $5)
JOY (VUDU OR ITUNES 4K) $5
JUMANJI: WELCOME TO THE JUNGLE (MA) (SD)
JUNGLE BOOK-THE (2016) (GP $6)
JURASSIC PARK (1993) (MA/VD)
JURASSIC PARK: THE LOST WORLD (1997) (MA)
JURASSIC WORLD (2015) (SPLIT) (VD OR ITUNES 4K)
JUSTICE LEAGUE (MA) $5
JUST MERCY (MA) $8
KIDNAP (SPLIT) VUDU OR ITUNES)
KILLERMAN (VUDU $5 OR ITUNES $4)
KING ARTHUR: LEGEND OF THE SWORD (MA)
KING KONG 4K (2005) (MA) $8
KING OF STATEN ISLAND (MA) $8
KINGSMAN-GOLDEN CIRCLE (MA OR ITUNES 4K)
KITCHEN-THE (MA SD $4)
KNICK-THE (S1) (SPLIT) (VUDU $8 OR ITUNES $7)
KNIVES OUT 4K (VUDU OR ITUNES) $8
KNOCK KNOCK (VUDU OR ITUNES)
KRAMPUS (VD)
LAST STAND-THE (SPLIT) (VUDU OR ITUNES)
LAST WITCH HUNTER-THE (VD)
LEGEND OF TARZAN-THE (MA)
LEGION-THE (VUDU OR ITUNES) $6
LEGO DC SHAZAM!: MAGIC & MONSTERS (MA) $6
LEGO MOVIE 4K (2014) (MA) $6 OR VD HD $4
LEGO NINJAGO MOVIE-THE (MA) $5
LIFE (2017) (MA)
LIGHT OF MY LIFE (SPLIT) (VUDU $6 OR ITUNES $4)
LIKE A BOSS (VUDU OR ITUNES 4K) $8
LITTLE (MA) $5
LIVE BY NIGHT (MA)
LOGAN (VUDU OR ITUNES)
LOGAN LUCKY (SPLIT) VUDU OR ITUNES 4K)
LONE SURVIVOR (SPLIT) (VUDU OR ITUNES 4K)
LORAX-THE (SPLIT) (VD OR ITUNES)
LUCKY DAY (VUDU OR ITUNES 4K) $6
MAGIC MIKE (MA)
MAMMA MIA-HERE WE GO AGAIN (MA)
MAN OF STEEL (MA)
MEGAN LEAVEY (SPLIT) VUDU OR ITUNES)
MADAGASCAR 3 (🍏)
M:I (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I #2 (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I #3 (SPLIT) (ITUNES 4K $4)
M:I #4 (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I #5 (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I-6 FALLOUT (SPLIT) (VUDU 4K $5 OR VUDU HD $4 OR ITUNES 4K $4)
MILE 22 (ITUNES 4K) $2.50
MISS PEREGRINE'S H.F.P.C (VUDU OR ITUNES 4K)
MOANA (MA $4 OR GP $3)
MOB TOWN (VUDU OR ITUNES) $4
MOLLY'S GAME (ITUNES)
MONSTERS UNIVERSITY (GP $5)
MONSTERS, INC.(SPLIT) (MA HD OR ITUNES 4K $7)
MORTAL ENGINES (MA) $5
MOTHER (SPLIT) VUDU 4K $5 OR VUDU HD $2 OR ITUNES 4K $2)
MOTHERLESS BROOKLYN (SD) MA $4
MOUNTAIN BETWEEN US (MA OR ITUNES 4K VIA FOX WEBSITE)
MUD (VUDU)
MULAN 1998 (MA 4K $7 OR GP $6)
MULAN (2020) (SPLIT) (MA $7 OR GP $5)
MUMMY-THE 1999 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY RETURNS-THE 2001 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE: TOMB OF THE DRAGON EMPEROR (2008) (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE 2017 (SPLIT) (VUDU OR ITUNES 4K)
MURDER ON ORIENT EXPRESS (MA)
NEW MUTANTS (SPLIT) (MA $6 OR GP $5)
NEW YEARS EVE (2011) MA
NIGHT BEFORE-THE (MA)
NIGHT HUNTER (VUDU $5 OR ITUNES $4)
NIGHT SCHOOL EXTENDED CUT (MA)
NOBODY'S FOOL (SPLIT) (VUDU $4 OR ITUNES $3)
NOCTURNAL ANIMALS (SPLIT) (VUDU OR ITUNES)
NON-STOP (SPLIT) (VUDU OR ITUNES)
NOW YOU SEE ME (SPLIT) (VUDU OR ITUNES 4K)
NOW YOU SEE ME 1&2 (VUDU) $8
NUT JOB 2 NUTTY BY NATURE (SPLIT) VUDU OR ITUNES)
OCEANS 8 (4K) (MA) $7
OFFICE X-MAS PARTY (SPLIT) VUDU OR ITUNES 4K)
OFFICIAL SECRETS (SPLIT) (VUDU OR ITUNES)
OTHER WOMAN-THE (MA)
ONLY THE BRAVE (MA) HD$4 OR SD$2
ONWARD (SPLIT) MA 4K $8 OR GP $5
OVERLORD (SPLIT) VUDU 4K $6 OR VUDU HDX/ITUNES 4K $4
OZ THE GREAT & POWERFUL (GP) $5
PACIFIC RIM (MA/VD) $5
PAIN & GAIN (SPLIT) (VUDU OR ITUNES)
PARENTAL GUIDANCE (MA) $5
PATERNO (VUDU OR ITUNES)
PATRIOTS DAY 2017 (SPLIT) (VUDU OR ITUNES 4K)
PEANUT BUTTER FALCON-THE (VUDU OR ITUNES) $8
PEPPERMINT (ITUNES) $2
PERKS OF BEING A WALLFLOWER-THE (VUDU)
PET CEMETERY 2019 (SPLIT) (VUDU 4K $7 VUDU $5 OR $4 ITUNES 4K)
PETERPAN 1953 (GP) $6
PHOENIX FORGOTTEN (VUDU OR ITUNES)
PHOTOGRAPH-THE (MA) $8
PIRATE FAIRY (SPLIT) (MA $7 OR GP $6)
PIRATES O.T.C DMTNT GP $2
PITCH PERFECT 2 (MA/VUDU)
PLANES (GP) $5
PLAYING WITH FIRE (VUDU $5 OR ITUNES $4)
POCAHONTAS 2 (SPLIT) (MA$7 OR GP $6)
POST-THE (MA)
PREDATOR-THE (2018) (MA)
PURGE ELECTION YEAR-THE (SPLIT) (VUDU OR ITUNES 4K)
QUARRY-THE (VUDU OR ITUNES) $7
QUIET PLACE-A (SPLIT) VUDU OR ITUNES 4K)
RACE (2016) (VUDU OR ITUNES)
RALPH BREAKS THE INTERNET (SPLIT) (GP$4)
RAMBO LAST BLOOD 4K (VUDU OR ITUNES) $8
RAMPAGE (MA) HD
READY PLAYER ONE (MA)
RICHARD JEWELL SD (MA) $5
RIDE LIKE A GIRL (VUDU OR ITUNES) $8
RINGS (SPLIT) (ITUNES)
RIOT (2016) (VUDU OR ITUNES)
ROBIN HOOD 2018 (VUDU OR ITUNES) $6
ROBOCOP (2014) (VUDU OR ITUNES)
ROCKETMAN (VUDU OR ITUNES 4K)
ROUGE (VUDU OR ITUNES 4K) $7
ROUGE WARFARE (VUDU $6 OR ITUNES $4)
RUN THE RACE (MA) $5
RUSH 2013 (VUDU) $5
RUSSELL MADNESS (MA)
RHYTHM SECTION-THE (VUDU OR ITUNES 4K) $7
SAME KIND OF DIFFERENT AS ME (SPLIT) (ITUNES)
SCARY STORIES TO TELL IN THE DARK 4K (VUDU OR ITUNES) $8
SCOOB! (MA 4K $10)
SECOND ACT (ITUNES)
SECRET: DARE TO DREAM-THE (VUDU OR ITUNES) $8
SECRET GARDEN-THE (ITUNES 4K) $7
SECRET LIFE OF WALTER MITTY-THE (MA)
SERENITY 2019 (MA) $5
SHAFT (2019) (VUDU) $5
SHALLOWS-THE (MA) $5
SHERLOCK HOLMES (2009) MA/VD
SHERLOCK HOLMES (2011) MA/VD
SICARIO 4K (VUDU OR ITUNES) $6
SILENCING-THE (VD OR ITUNE5 4K) $7
SILVER LININGS PLAYBOOK (ITUNES)
SING (VUDU) OR (ITUNES 4K*PORTS IN 4K)
SKYSCRAPER (MA)
SLEEPING BEAUTY 1959 (SPLIT) (GP $6)
SLEEPLESS (SPLIT) (VD OR ITUNES)
SNATCHED (SPLIT) VUDU OR ITUNES 4K)
SNOWMAN-THE (2017) (MA) $7
SNOW WHITE & THE 7 DWARFS (1937) (SPLIT) (MA OR ITUNES $7) OR GP $6
SOLO:A STAR WARS STORY (GP) $6
SONIC THE HEDGEHOG (VUDU 4K $9 OR VUDU OR ITUNES 4K $7
SON OF GOD (MA)
SPACE JAM (1996) (MA) $7
SPARE PART 2015 (VUDU)
SPELL (VD HD OR ITUNES 4K) $8
SPIDERMAN 3 (2007) (MA)
SPIES IN DISGUISE (SPLIT) (GP $6)
SPLIT (2017) (SPLIT) (ITUNES 4K)
STAR TREK BEYOND (SPLIT) VUDU OR ITUNES 4K)
STAR TREK INTO DARKNESS (SPLIT) (VUDU OR ITUNES 4K)
STAR WARS #7 THE FORCE AWAKENS (SPLIT) (GP $6)
STAR WARS #8 THE LAST JEDI (SPLIT) (GP $6)
STAR WARS #9 RISE OF SKYWALKER (SPLIT) (MA 4K $7 GP $6)
STAR WARS ROUGE ONE (SPLIT) (GP $6)
STRANGERS PREY AT NIGHT (MA)
SUICIDE SQUAD (MA) $5
SUPERMAN MAN OF TOMMOROW (MA) $7
SUPERMAN RED SON (MA) $7
SWING OF THINGS (VUDU OR ITUNES) $7
TAMMY (MA)
TANGLED (GP) $6
TED 2 UNRATED (SPLIT) (VD OR ITUNES)
TENET (MA 4K $10 OR HD $8)
TERMINATOR DARK FATE (VUDU 4K $7 OR VUDU $5 OR ITUNES 4K $4)
THAT AKWARD MOMENT (MA) $7
THE 33 (MA)
THE INTERVIEW (2014) (MA)
THOR #1 (SPLIT) MA/ITUNES 4K $8 OR GP $5)
THOR RAGNAROK (SPLIT) MA HD OR ITUNES 4K $7 OR GP $4
THREE BILLBOARDS OUTSIDE OF E.M (MA)
TOTAL RECALL 4K (1990) (VUDU OR ITUNES) $7
TOY STORY 4 (SPLIT) MA/ITUNES 4K $8 OR MA HD $6 OR GP HD $5
TRANSCENDENCE (VD)
TRANSFORMERS (#5) (SPLIT) (ITUNES 4K)
TROLLS (MA)
TROLLS 1 & 2 (MA) $12
TROLLS WORLD TOUR (MA) $8
TRUE DETECTIVE S3 (SPLIT) (VUDU $5 OR ITUNES $4)
TURNING-THE (MA) $8
TYLER'S PERRY'S A MEADA CHRISTMAS (VUDU)
TYLER PERRY'S MADEA'S WITNESS PROTECTION (VUDU)
TYLER PERRY'S TEMPTATION: CONFESSION OF A MARRIAGE COUNSELOR (VUDU)
UNBROKEN (2014) (SPLIT) (VUDU OR ITUNES)
UNBROKEN: PATH TO REDEEMTION (MA) $5
UNCUT GEMS (VUDU OR ITUNES) $5
UNCUT GEMS (VUDU) $8
UNDERWATER (MA) $8
UNFRIENDED:DARK WEB (MA) $8
UNHINGED (VD) $7
UPSIDE-THE (ITUNES)
US (MA)
VANISHED-THE (VUDU OR ITUNES) $6
VICE (MA)
WALL-E: (GP $6)
WAR DOGS (2016) (MA)
WAR FOR THE PLANET OF THE APES(SPLIT) VUDU OR ITUNES 4K)
WATCHMEN S1 (VUDU) $10
WAY BACK-THE (MA) $7
WHAT MEN WANT (SPLIT) VUDU $4 OR ITUNES $3)
WHY HIM (SPLIT) VUDU OR ITUNES 4K)
WIDOWS (MA) ($4)
WOLF OF SNOW HOLLOW (VD) SD $7
WONDER PARK (SPLIT) (VUDU OR ITUNES)
WONDER WOMAN (MA)
WORLD WAR Z (SPLIT) (VUDU OR ITUNES)
XXX R. O Xander CAGE (VUDU OR ITUNES 4K)
YOUNG MESSIAH-THE (MA)
PAYMENTS ACCEPTED
+PAYPAL FRIENDS & FAMILY +CASH APP +VENMO +GOOGLE PAY +APPLE PAY
SECONDARY LIST BELOW
https://docs.google.com/document/d/1cZ9CqHTNJ14wo7H80BkSi4nTZHOf-4eBxnCtJjYAk48/edit?usp=drivesdk

2/9/21 Update: Additional info posted here

Funko is a good company with solid performance that is still trading at a reasonable price.
Check out my DD below:
Funko (FNKO)
Share Price (02/01/21) : $12.90
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
Retail exclusives can grow the potential universe of licenses and increase retailer buy-in
· For example: A retailer like GameStop could lobby Funko to make a GameStop exclusive of the WallStreetBets Kid like this person suggested here. (The exclusive Pop! would be made into a limited edition and sold only to GameStop to sell at their stores)
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.
Previous DD: Herman Miller

All codes are HD unless listed otherwise.
All codes are $4 Each unless price listed.
10 MINUTES GONE (VUDU OR ITUNES 4K)
101 DALMATIANS (GP) $6
12 STRONG (MA)
13 HOURS: THE SECRET SOLDIERS OF BENGHAZI (SPLIT) VUDU HD $4 OR ITUNES 4K $5
1917 (MA) $6
21 BRIDGES (ITUNES 4K) $6
3 FROM HELL (VUDU OR ITUNES)
300 RISE OF AN EMPIRE (MA)
3022 (SPLIT) (VUDU $6 OR ITUNES $4)
42: THE JACKIE ROBINSON STORY (MA)
ACTION POINT (SPLIT) ITUNES $3
ADAM'S FAMILY (ITUNES 4K) $8
ADRIFT (ITUNES)
ADVENTURES OF TIN TIN-THE (SPLIT) (VUDU OR ITUNES)
ALADDIN 2019 (MA 4K $8)
ALIEN (1979) MA 4K ($5)
ALIEN COVENANT (VUDU OR ITUNES 4K PORTS)
ALMOST CHRISTMAS (SPLIT) VUDU OR ITUNES)
AMERICAN MADE (MA) $5
AMERICAN REUNION (UNDATED) (2012) (SPLIT) VUDU OR ITUNES
AMERICAN SNIPER (MA) $5
ANGEL HAS FALLEN 4K (VUDU OR ITUNES) $8
ANNIE (2014) (MA) (SD)
ANNIHILATION (SPLIT) VUDU OR ITUNES 4K)
ANTEBELLUM 4K (VUDU OR ITUNES) $10
APPARITION-THE (MA) 2012
AQUAMAN (MA) $5
AGRO (MA/VUDU)
ARRIVAL (SPLIT) VUDU OR ITUNES 4K
ART OF RACING IN THE RAIN-THE (MA) $7
ATOMIC BLONDE (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $4)
AVENGERS ENDGAME (SPLIT) MA(HD)/ITUNES 4K $7 OR (GP $5)
AVENGERS I.W (SPLIT) (MA $6 OR GP $5)
ARKANSAS (VUDU OR ITUNES) $5
BACK TO THE FUTURE 3-MOVIE (MA/HD) 10.25
BACK TO THE FUTURE 3-MOVIE (MA/4K) $15
BACKDRAFT 2 (MA)
BAD MOMS CHRISTMAS-A (ITUNES)
BAD TIMES AT THE EL ROYAL (MA) $5
BALLERS S2 (SPLIT) (ITUNES)
BALLERS S3 (SPLIT) (VUDU OR ITUNES)
BARBER SHOP THE NEXT CUT (VUDU)
BATMAN HUSH (MA) $5
BATMAN: SOUL OF THE DRAGON (MA) $8
BATMAN V. SUPERMAN: DAWN OF JUSTICE (MA)
BAYWATCH (SPLIT) (VUDU 4K $5 OR VD HD $4 OR ITUNES 4K $4)
BEAUTY & THE BEAST (LIVE) (SPLIT) MA $4 OR GP $2
BEGUILED (MA)
BEST OF ENEMIES-THE (ITUNES)
BIG WEDDING-THE (VUDU)
BILL & TED FACE THE MUSIC (VD $$6.50)
BIRDS OF PREY (MA) 4K $9 OR HD $7
BLACK CHRISTMAS (MA) $7
BLACK PANTHER (SPLIT) (MA(HD)/🍏4K $7 OR GP $6)
BLINDED BY THE LIGHT (SD) (MA) $2
BLOODSHOT (MA) $8
BODY CAM (VUDU OR ITUNES 4K) $7
BOOK CLUB (ITUNES 4K) $2
BOSS BABY-THE (MA)
BOY 2-THE (ITUNES 4K) $6.50
BOYHOOD (VUDU OR ITUNES)
BRAVE (SPLIT) (MA $7 OR GP $6)
BREACH (VD OR ITUNES) $9
BREAKING IN (MA)
BREAKTHROUGH (MA) $6
BREACH (VUDU OR ITUNES) $10
BUDDY GAMES (VUDU OR ITUNES) $8
BUGS LIFE-A (SPLIT) (MA $7 OR GP $6)
BUMBLEBEE (SPLIT) (VUDU 4K $6 OR VUDU $4 OR ITUNES 4K) $2
BUTTONS A CHRISTMAS TALE (SPLIT) VUDU OR ITUNES
BYE BYE MAN (UNRATED) (SPLIT) (ITUNES)
CALL OF THE WILD (SPLIT) (MA) 4K $9, HD $6 OR GP $3)
CAPTAIN MARVEL (GP $5)
CAPTAIN UNDERPANTS FIRST EPIC MOVIE (MA)
CARS 3 (NP) (MA(HD)/ITUNES 4K$6 OR GP $5)
CATS & DOGS 3 :PAWS UNITE (MA) $8
CASINO 4K 1995 (MA) $8
CHRISTOPHER ROBIN (2018) SPLIT (MA $7) OR GP $5
COMING TO AMERICA 4K (ITUNES) $7
CONJURING-THE (MA)
CORRUPTED-THE (VUDU $5 OR ITUNES) $4
COUNTDOWN (ITUNES 4K) $5
CRAFT-THE: LEGACY (MA) $8
CRAWL (SPLIT) (VUDU OR ITUNES 4K) $6
CREED 2 (VD) $5
CULT OF CHUCKY(UNRATED) (SPLIT) (ITUNES)
CURE FOR WELLNESS-A (SPLIT) VUDU OR ITUNES)
DADDY'S HOME 2 (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $3)
DALLAS BUYERS CLUB (VUDU OR ITUNES)
DARK KNIGHT RISES-THE (MA)
DEADWOOD THE MOVIE (VD) $5
DEATH WISH (VUDU)
DEEP WATER HORIZON (4K) (VUDU OR ITUNES) $6.50
DEN OF THIEVES (ITUNES)
DESPICABLE ME 3 (SPLIT) (VUDU OR ITUNES 4K)
DIVERGENT (2014) (VUDU)
DIVERGENT: ALLEGIANT SERIES (2016) (VUDU) $8
DIVERGENT: INSURGENT SERIES (2015) (VUDU) $8
DOCTOR SLEEP + DIRECTOR'S CUT (MA) $8
DOLPHIN TALE 2 (MA)
DOLITTLE (MA) $7
DOOM ANNIHILATION (MA) $5
DOORMAN-THE (VUDU OR ITUNES 4K) $7
DORA & THE LOST CITY OF GOLD (VUDU OR ITUNES 4K)
DO THE RIGHT THING 4K (MA) $6
DOWNSIZING (SPLIT) VUDU OR ITUNES 4K)
DUNKIRK (MA)
ECHO BOOMERS (VUDU OR ITUNES) $7
ESCAPE PLAN (2013) VUDU
EXPENDABLES 2 (2012) (VUDU OR ITUNES 4K)
FAHRENHEIT 451 (SPLIT) (ITUNES)
FANTASTIC BEAST & WHERE TO FIND THEM 4K (MA) (2016) $7
FAST & THE FURIOUS #1- (SPLIT) VUDU/MA)
FAST & THE FURIOUS #2- (SPLIT) (VUDU/MA)
FAST & THE FURIOUS #3- (SPLIT) (VUDU/MA)
FAST & THE FURIOUS #4- (SPLIT) ( VUDU/MA)
FAST & THE FURIOUS #5 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES HD)
FAST & THE FURIOUS #6 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #7 EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #8 - FATE OF THE FURIOUS EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K
FAULT IN OUR STARS-THE (VD OR ITUNES 4K)
FIFTY SHADES DARKER UNRATED (SPLIT) (VUDU OR ITUNES 4K )
FIFTY SHADES OF GREY (SPLIT) (VUDU OR ITUNES 4K)
FINDING DORY (SPLIT) (MA(HD) OR ITUNES 4K $6) NP OR (GP $4)
FIRST MAN (MA) $6
FOCUS (2015) (MA)
FORCE OF NATURE (VUDU OR ITUNES 4K) $6
FOUR KIDS & IT (VD) $6
FOX & THE HOUND 2 (SPLIT) (GP$6)
FROZEN (SPLIT) (MA 4K $7 OR GP $5)
GAME OF THRONES S8 (SPLIT) (VUDU OR ITUNES) $8
GAURDIANS OF THE GALAXY VOL. 2 (SPLIT)
GEMINI MAN (VUDU 4K $8 OR HD $6 OR ITUNES 4K $4)
GENTLEMAN1-THE (ITUNES 4K) $8
GET HARD (MA)
GET OUT (SPLIT) (ITUNES 4K)
GHOSTBUSTERS 2 1989 (MA) $5
GHOST IN THE SHELL 2017 (SPLIT) VUDU OR ITUNES 4K)
GIFTED (2017) (MA/VD OR ITUNES) $5
GIRL ON THE TRAIN (SPLIT) VUDU OR ITUNES 4K)
GIRLS TRIP (SPLIT) (VUDU) OR (ITUNES)
GLASS (MA) $5
GOING IN STYLE (MA)
GOLD (SPLIT) (ITUNES)
GOLDFINCH-THE (MA) (SD) $2
GOOD DINOSAUR-THE (GP $5)
GOOD LIAR-THE SD MA
GOONIES-THE 4K (MA) $7
GREAT WALL-THE (SPLIT) VUDU OR ITUNES 4K)
GREENLAND ITUNES 4K ($13)
GRETEL & HANSEL (VUDU) HD $8
GREY-THE (VUDU OR ITUNES)
GRINCH (2018) (MA) $6
GRINGO (AMAZON PRIME) $2
GROWN UPS 2 (MA)
GUNMAN-THE (SPLIT) (VUDU OR ITUNES)
HACKSAW RIDGE 4K (VUDU OR ITUNES) $7
HALLOWEEN (2018) (MA)
HANGOVER 2 (MA)
HAPPYTIME MURDERS (ITUNES)
HARRIET (MA) $9
HARRY POTTER & THE DEATHLY HALLOWS PT 2 (#7) (MA)
HEAT-THE (2013) (SPLIT) (VUDU OR ITUNES)
HEAVEN IS FOR REAL (MA HD $4 OR SD $2)
HIDDEN FIGURES (VUDU OR ITUNES 4K)
HIGH NOTE (MA) $8
HOBBIT-THE : AN UNEXPECTED JOURNEY (MA) $5
HOCUS POCUS (GP) $3
HOLMES & WATSON (MA) $5
HOME ALONE 2 (MA)
HONEST THIEF (MA) $9
HOSTILES (4K) (VUDU OR ITUNES) $5
HOT TUB TIME MACHINE (MA)
HOUSE-THE (MA)
HOW TO TRAIN YOUR DRAGON 1 (ITUNES )
HOW TO TRAIN YOUR DRAGON 1-3 (MA) $14
HOW TO TRAIN YOUR DRAGON 2 (MA)
HOW TO TRAIN YOUR DRAGON 3 (MA) $6
HUNGER GAMES (2012) (SPLIT) (VUDU OR ITUNES)
HUNGER GAMES: CATCHING FIRE (2013) (SPLIT) (VUDU HD OR ITUNES 4K))
HUNGER GAMES: MOCKING JAY PART 1 (2014) (VUDU)
HUNGER GAMES: MOCKING JAY PART 2 (2015) (VUDU)
HUNT-THE (MA) $8
HUNTSMAN-THE WINTERS WAR EXT( ITUNES 4K)
HUSTLE-THE (ITUNES)
HUSTLERS (ITUNES)
ICE AGE DAWN OF THE DINOSAURS (2009) (MA/VUDU/ITUNES)
ICE AGE A MAMMOTH CHRISTMAS SPECIAL (MA/VUDU)
IDENTITY THIEF (VD OR ITUNES)
I FEEL PRETTY (ITUNES)
I SEE YOU (SPLIT) (VUDU $6 OR ITUNES $4)
I STILL BELIEVE (VUDU OR ITUNES 4K) $6
I STILL SEE YOU (VUDU)
IF BEALE STREET COULD TALK (MA)
INCREDIBLES 2 (SPLIT) GP $6)
INCREDIBLES-THE (SPLIT) GP $6
INDEPENDENCE DAY: RESURGENCE (MA OR 4K VIA FOX) $5
INSIDE OUT (GP $5)
INSIDIOUS: THE LAST KEY (SD)(MA)
INSTANT FAMILY (SPLIT) (VUDU OR ITUNES 4K)
INVISIBLE MAN (MA) 4K $9 OR HD $7
IRONMAN (SPLIT) (MA/ITUNES 4K $8 OR GP $6)
IRONMAN 2 (MA/ITUNES 4K $8 OR MA HD/ITUNES 4K $7 OR GP $6)
IRON MAN 3 (MA4K/ITUNES 4K $8 OR GP $6)
IRON MASK (VUDU OR ITUNES) $7
JACK REACHER N.G.B (SPLIT) VUDU OR ITUNES 4K)
JAMES BOND: THE DANIEL CRAIG COLLECTION (4 FILM BUNDLE) (VD HD $15)
JASON BOURNE : BOURNE IDENTITY (MA) 4K (2002) $8
JASON BOURNE : BOURNE SUPREMACY (MA) 4K (2004) $8
JASON BOURNE : BOURNE ULTIMATUM (MA) 4K (2007) $8
JASON BOURNE : BOURNE LEGACY (MA) 4K (2012) $8
JASON BOURNE (SPLIT) VUDU 4K $8 OR VD HD $4 OR ITUNES 4K $2 (2016)
JEXI (VUDU OR ITUNES 4K) $6
JIU JITSU (VUDU OR ITUNES) ($7)
JOHN HENRY (2020) (VUDU $4 OR ITUNES $2)
JOHN WICK 1 & 2 (VUDU) $10
JOHN WICK 3 4K (VUDU/ITUNES/GP) $10
JOKER (MA 4K $7 OR HDX $5)
JOY (VUDU OR ITUNES 4K) $5
JUDGE-THE (2014) (MA)
JUMANJI: WELCOME TO THE JUNGLE (MA) (SD)
JUNGLE BOOK-THE (2016) (GP $6)
JURASSIC PARK (1993) (MA/VD)
JURASSIC WORLD (2015) (SPLIT) (VD OR ITUNES 4K)
JUSTICE LEAGUE (MA) $5
JUST MERCY (MA) $8
KIDNAP (SPLIT) VUDU OR ITUNES)
KILLERMAN (VUDU $5 OR ITUNES $4)
KING ARTHUR: LEGEND OF THE SWORD (MA)
KING OF STATEN ISLAND (MA) $8
KINGSMAN-GOLDEN CIRCLE (MA OR ITUNES 4K)
KITCHEN-THE (2019) (MA HD $4 OR SD $2)
KNICK-THE (S1) (SPLIT) (VUDU $8 OR ITUNES $7)
KNIVES OUT 4K (VUDU OR ITUNES) $8
KNOCK KNOCK (VUDU OR ITUNES)
LAST STAND-THE (SPLIT) (VUDU OR ITUNES)
LAST WITCH HUNTER-THE (VD)
LEGEND OF TARZAN-THE (MA)
LEGION-THE (VUDU OR ITUNES) $6
LEGO DC SHAZAM!: MAGIC & MONSTERS (MA) $6
LEGO MOVIE 4K (2014) (MA) $6 OR VD HD $4
LEGO NINJAGO MOVIE-THE (MA) $5
LIFE (2017) (MA)
LIGHT OF MY LIFE (SPLIT) (VUDU $6 OR ITUNES $4)
LIKE A BOSS (VUDU OR ITUNES 4K) $8
LIVE BY NIGHT (MA)
LOGAN (VUDU OR ITUNES 4K)
LOGAN LUCKY (SPLIT) VUDU OR ITUNES 4K)
LONE SURVIVOR (SPLIT) (VUDU HD $4 OR ITUNES 4K $5)
LORAX-THE (SPLIT) (VD OR ITUNES)
LOVE WEDDINGS & OTHER DISASTERS (MA) $7
LUCKY DAY (VUDU OR ITUNES 4K) $6
MAGIC MIKE (MA)
MAMMA MIA-HERE WE GO AGAIN (MA)
MAN OF STEEL (MA)
MEGAN LEAVEY (SPLIT) VUDU OR ITUNES)
MADAGASCAR 3 (🍏)
M:I #2 (SPLIT) (ITUNES 4K $4)
M:I-6 FALLOUT (SPLIT) (VUDU 4K $5 OR VUDU HD $4 OR ITUNES 4K $4)
MILE 22 (ITUNES 4K) $2.50
MISS PEREGRINE'S H.F.P.C (VUDU OR ITUNES 4K)
MOANA (MA $4 OR GP $3)
MOB TOWN (VUDU OR ITUNES) $4
MOLLY'S GAME (ITUNES)
MONSTERS UNIVERSITY (GP $5)
MONSTERS, INC.(SPLIT) (MA HD OR ITUNES 4K $7)
MORTAL ENGINES (MA) $5
MOTHER (SPLIT) VUDU 4K $5 OR VUDU HD $2 OR ITUNES 4K $2)
MOTHERLESS BROOKLYN (SD) MA $4
MOUNTAIN BETWEEN US (MA OR ITUNES 4K VIA FOX WEBSITE)
MUD (VUDU)
MULAN 1998 (MA 4K $7 OR GP $5)
MULAN (2020) (SPLIT) (MA $7 OR GP $5)
MUMMY-THE 1999 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY RETURNS-THE 2001 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE: TOMB OF THE DRAGON EMPEROR (2008) (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE 2017 (SPLIT) (VUDU OR ITUNES 4K)
MURDER ON ORIENT EXPRESS (MA)
NEW MUTANTS (MA 4K $9 OR GP $5)
NEW YEARS EVE (2011) MA
NIGHT BEFORE-THE (MA)
NIGHT HUNTER (VUDU $5 OR ITUNES $4)
NIGHT SCHOOL EXTENDED CUT (MA)
NOBODY'S FOOL (SPLIT) (VUDU $4 OR ITUNES $3)
NOCTURNAL ANIMALS (SPLIT) (VUDU OR ITUNES)
NON-STOP (SPLIT) (VUDU OR ITUNES)
NOW YOU SEE ME 1&2 (VUDU) $8
NUT JOB 2 NUTTY BY NATURE (SPLIT) VUDU OR ITUNES)
OBLIVION (SPLIT) (VUDU HD $4 OR ITUNES 4K $6)
OCEANS 8 (4K) (MA) $7
OFFICE X-MAS PARTY (SPLIT) VUDU OR ITUNES 4K)
OFFICIAL SECRETS (SPLIT) (VUDU OR ITUNES)
ONLY THE BRAVE (MA) HD$4 OR SD$2
ONWARD (SPLIT) MA 4K $8 OR GP $5
OVERLORD (SPLIT) VUDU 4K $6 OR VUDU HDX/ITUNES 4K $4
OZ THE GREAT & POWERFUL (GP) $5
PACIFIC RIM (MA/VD) $5
PAIN & GAIN (SPLIT) (VUDU OR ITUNES)
PARENTAL GUIDANCE (MA) $5
PATERNO (VUDU OR ITUNES)
PATRIOTS DAY 2017 (SPLIT) (VUDU OR ITUNES 4K)
PEANUT BUTTER FALCON-THE (VUDU OR ITUNES) $8
PEPPERMINT (ITUNES) $2
PERKS OF BEING A WALLFLOWER-THE (VUDU)
PET CEMETERY 2019 (SPLIT) (VUDU 4K $7 VUDU $5 OR $4 ITUNES 4K)
PETERPAN 1953 (GP) $6
PHOENIX FORGOTTEN (VUDU OR ITUNES)
PHOTOGRAPH-THE (MA) $8
PIRATE FAIRY (SPLIT) (MA $7 OR GP $6)
PIRATES O.T.C DMTNT GP $2
PITCH PERFECT 2 (MA/VUDU)
PLANES (GP) $5
PLAYING WITH FIRE (VUDU $5 OR ITUNES $4)
POCAHONTAS 2 (SPLIT) (MA$7 OR GP $6)
POST-THE (MA)
PREDATOR-THE (2018) (MA)
PROMETHEUS (MA/VD (HD) OR ITUNES 4K) $8
PURGE ELECTION YEAR-THE (SPLIT) (VUDU OR ITUNES 4K)
QUARRY-THE (VUDU OR ITUNES) $7
QUIET PLACE-A (SPLIT) VUDU OR ITUNES 4K)
RACE (2016) (VUDU OR ITUNES)
RALPH BREAKS THE INTERNET (SPLIT) (GP$4)
RAMBO LAST BLOOD 4K (VUDU OR ITUNES) $8
RAMPAGE (MA) HD
READY PLAYER ONE (MA)
RICHARD JEWELL SD (MA) $5
RIDE LIKE A GIRL (VUDU OR ITUNES) $8
RINGS (SPLIT) (ITUNES)
RIOT (2016) (VUDU OR ITUNES)
ROBIN HOOD 2018 (VUDU OR ITUNES) $6
ROBOCOP (2014) (VUDU OR ITUNES)
ROCKETMAN (VUDU OR ITUNES 4K)
ROUGE (VUDU OR ITUNES 4K) $7
ROUGE WARFARE (VUDU $6 OR ITUNES $4)
RUN THE RACE (MA) $5
RUSH 2013 (VUDU) $5
RUSSELL MADNESS (MA)
RHYTHM SECTION-THE (VUDU OR ITUNES 4K) $7
SAME KIND OF DIFFERENT AS ME (SPLIT) (ITUNES)
SCARY STORIES TO TELL IN THE DARK 4K (VUDU OR ITUNES) $8
SCOOB! (MA 4K $10)
SECOND ACT (ITUNES)
SECRET: DARE TO DREAM-THE (VUDU OR ITUNES) $8
SECRET GARDEN-THE (ITUNES 4K) $7
SECRET LIFE OF WALTER MITTY-THE (MA)
SERENITY 2019 (MA) $5
SHAFT (2019) (VUDU) $5
SHALLOWS-THE (MA) $5
SHERLOCK HOLMES (2011) MA/VD
SICARIO 4K (VUDU OR ITUNES) $6
SILENCING-THE (VD OR ITUNE5 4K) $7
SILVER LININGS PLAYBOOK (ITUNES)
SING (VUDU) OR (ITUNES 4K*PORTS IN 4K)
SKYSCRAPER (MA)
SLEEPLESS (SPLIT) (VD OR ITUNES)
SNATCHED (SPLIT) VUDU OR ITUNES 4K)
SNOWMAN-THE (2017) (MA) $7
SNOW WHITE & THE 7 DWARFS (1937) (SPLIT) (MA OR ITUNES $7) OR GP $6
SOLO:A STAR WARS STORY (GP) $6
SONIC THE HEDGEHOG (VUDU 4K $9 OR VUDU OR ITUNES 4K $7
SON OF GOD (MA)
SPARE PART 2015 (VUDU)
SPARTACUS (1960) (MA 4K) $6
SPELL (VUDU OR ITUNES 4K) $8
SPIES IN DISGUISE (SPLIT) (GP $6)
SPLIT (2017) (SPLIT) (ITUNES 4K)
STAR TREK BEYOND (SPLIT) VUDU OR ITUNES 4K)
STAR TREK INTO DARKNESS (VUDU)
STAR WARS #7 THE FORCE AWAKENS (SPLIT) (MA-HD/ITUNES 4K $8 OR GP $6)
STAR WARS #8 THE LAST JEDI (SPLIT) (GP $6)
STAR WARS #9 RISE OF SKYWALKER (SPLIT) (MA 4K $7)
STAR WARS ROUGE ONE (SPLIT) (GP $6)
STRANGERS PREY AT NIGHT (MA)
SUICIDE SQUAD (MA) $5
SUPERMAN MAN OF TOMMOROW (MA) $7
SUPERMAN RED SON (MA) $7
SWING OF THINGS (VUDU OR ITUNES) $7
TAMMY (MA)
TANGLED (GP) $6
TED 2 UNRATED (SPLIT) (VD OR ITUNES)
TENET (MA 4K $10 OR HD $8)
TERMINATOR DARK FATE (VUDU 4K $7 OR VUDU $5 OR ITUNES 4K $4)
THAT AKWARD MOMENT (MA) $7
THE 33 (MA)
THOR #1 (SPLIT) MA/ITUNES 4K $8 OR GP $5)
THOR RAGNAROK (SPLIT) MA HD OR ITUNES 4K $7 OR GP $4
THREE BILLBOARDS OUTSIDE OF E.M (MA)
TOTAL RECALL 4K (1990) (VUDU OR ITUNES) $7
TOY STORY 4 (SPLIT) MA/ITUNES 4K $8 OR MA HD $6 OR GP HD $5
TRANSCENDENCE (VD)
TRANSFORMERS (#5) THE LAST KNIGHT (SPLIT) (VD 4K $6 OR VD HD $4 OR ITUNES 4K $4)
TROLLS (MA)
TROLLS 1 & 2 (MA) $12
TROLLS WORLD TOUR (MA) $8
TRUE DETECTIVE S3 (SPLIT) (VUDU $5 OR ITUNES $4)
TURNING-THE (MA) $8
TYLER'S PERRY'S A MEADA CHRISTMAS (VUDU)
TYLER PERRY'S MADEA'S WITNESS PROTECTION (VUDU)
TYLER PERRY'S TEMPTATION: CONFESSION OF A MARRIAGE COUNSELOR (VUDU)
UNBROKEN (2014) (SPLIT) (VUDU OR ITUNES)
UNBROKEN: PATH TO REDEEMTION (MA) $5
UNCUT GEMS (VUDU OR ITUNES) $5
UNCUT GEMS (VUDU) $8
UNDERWATER (MA) $8
UNFRIENDED:DARK WEB (MA) $8
UNHINGED (VD) $7
UPSIDE-THE (ITUNES)
US (MA)
VANISHED-THE (VUDU OR ITUNES) $6
VICE (MA)
WAR FOR THE PLANET OF THE APES(SPLIT) VUDU OR ITUNES 4K)
WATCHMEN S1 (VUDU) $10
WAY BACK-THE (MA) $7
WHAT MEN WANT (SPLIT) VUDU $4 OR ITUNES $3)
WHY HIM (SPLIT) VUDU OR ITUNES 4K)
WIDOWS (MA) ($4)
WITCH-THE (VUDU OR ITUNES)
WOLF OF SNOW HOLLOW (VD) HD $9 OR SD $7
WONDER PARK (SPLIT) (VUDU OR ITUNES)
WONDER WOMAN (MA)
WORLD WAR Z (SPLIT) (VUDU OR ITUNES)
XXX R. O Xander CAGE (VUDU OR ITUNES 4K)
YOUNG MESSIAH-THE (MA)
PAYMENTS ACCEPTED
+PAYPAL FRIENDS & FAMILY +CASH APP +VENMO +GOOGLE PAY +APPLE PAY
SECONDARY LIST BELOW
https://docs.google.com/document/d/1cZ9CqHTNJ14wo7H80BkSi4nTZHOf-4eBxnCtJjYAk48/edit?usp=drivesdk

All codes are HD unless listed otherwise.
All codes are $4 Each unless price listed.
10 MINUTES GONE (VUDU OR ITUNES 4K)
101 DALMATIANS (GP) $6
12 STRONG (MA)
13 HOURS: THE SECRET SOLDIERS OF BENGHAZI (ITUNES 4K)
1917 (MA) $6
21 BRIDGES (ITUNES 4K) $6
3 FROM HELL (VUDU OR ITUNES)
300 RISE OF AN EMPIRE (MA)
3022 (SPLIT) (VUDU $6 OR ITUNES $4)
42: THE JACKIE ROBINSON STORY (MA)
ACTION POINT (SPLIT) ITUNES $3
AD ASTRA (MA) $5
ADAM'S FAMILY (ITUNES 4K) $8
ADRIFT (ITUNES)
ADVENTURES OF TIN TIN-THE (SPLIT) (VUDU OR ITUNES)
ALADDIN 2019 (MA 4K $8 OR GP $6)
ALIEN COVENANT (VUDU OR ITUNES 4K PORTS)
ALITA BATTLE ANGEL (MA) $6
ALMOST CHRISTMAS (SPLIT) VUDU OR ITUNES)
AMERICAN MADE (MA) $5
AMERICAN REUNION (UNDATED) (2012) (SPLIT) VUDU OR ITUNES
ANGEL HAS FALLEN 4K (VUDU OR ITUNES) $8
ANNIE (2014) (MA) (SD)
ANNIHILATION (SPLIT) VUDU OR ITUNES 4K)
ANTEBELLUM 4K (VUDU OR ITUNES) $10
APPARITION-THE (MA) 2012
AQUAMAN (MA) $5
AGRO (MA/VUDU)
ARRIVAL (SPLIT) VUDU OR ITUNES 4K
ART OF RACING IN THE RAIN-THE (MA) $7
ATOMIC BLONDE (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $4)
AVENGERS ENDGAME (SPLIT) MA(HD)/ITUNES 4K $7 OR (GP $5)
AVENGERS I.W (SPLIT) (MA $6 OR GP $5)
ARKANSAS (VUDU OR ITUNES) $5
BACK TO THE FUTURE 3-MOVIE (MA/HD) 10.25
BACK TO THE FUTURE 3-MOVIE (MA/4K) $15
BACKDRAFT 2 (MA)
BAD MOMS CHRISTMAS-A (ITUNES)
BAD TIMES AT THE EL ROYAL (MA) $5
BALLERS S2 (SPLIT) (ITUNES)
BALLERS S3 (SPLIT) (VUDU OR ITUNES)
BARBER SHOP THE NEXT CUT (VUDU)
BATMAN BEYOND: THE COMPLETE SERIES $25
BATMAN HUSH (MA) $5
BATMAN V. SUPERMAN: DAWN OF JUSTICE (MA)
BAYWATCH (SPLIT) (VUDU 4K $5 OR VD HD $4 OR ITUNES 4K $4)
BEAUTY & THE BEAST (LIVE) (SPLIT) MA $4 OR GP $2
BEGUILED (MA)
BEST OF ENEMIES-THE (ITUNES)
BIG WEDDING-THE (VUDU)
BILL & TED FACE THE MUSIC (VD $$6.50)
BIRDS OF PREY (MA) 4K $9 OR HD $7
BLACK CHRISTMAS (MA) $7
BLACK PANTHER (SPLIT) (MA(HD)/🍏4K $7 OR GP $6)
BLINDED BY THE LIGHT (SD) (MA) $2
BLOODSHOT (MA) $8
BODY CAM (VUDU OR ITUNES 4K) $7
BOOK CLUB (ITUNES 4K) $2
BOSS BABY-THE (MA)
BOY 2-THE (ITUNES 4K) $6.50
BOYHOOD (VUDU OR ITUNES)
BRAVE (SPLIT) (MA $7 OR GP $6)
BREACH (VD OR ITUNES) $9
BREAKING IN (MA)
BREAKTHROUGH (MA) $6
BREACH (VUDU OR ITUNES) $10
BUDDY GAMES (VUDU OR ITUNES) $8
BUGS LIFE-A (SPLIT) (MA $7 OR GP $6)
BUMBLEBEE (SPLIT) (VUDU 4K $6 OR VUDU $4 OR ITUNES 4K) $2
BUTTONS A CHRISTMAS TALE (SPLIT) VUDU OR ITUNES
BYE BYE MAN (UNRATED) (SPLIT) (ITUNES)
CALL OF THE WILD (SPLIT) (MA) 4K $9, HD $6 OR GP $3)
CAPTAIN MARVEL (GP $5)
CAPTAIN UNDERPANTS FIRST EPIC MOVIE (MA)
CARS 3 (NP) (MA(HD)/ITUNES 4K$6 OR GP $5)
CATS & DOGS 3 :PAWS UNITE (MA) $8
CASINO 4K 1995 (MA) $8
CHRISTOPHER ROBIN (2018) SPLIT (MA $7) OR GP $5
COMING TO AMERICA 4K (ITUNES) $7
CONJURING-THE (MA)
CORRUPTED-THE (VUDU $5 OR ITUNES) $4
COUNTDOWN (ITUNES 4K) $5
CRAWL (SPLIT) (VUDU OR ITUNES 4K) $6
CREED 2 (VD) $5
CULT OF CHUCKY(UNRATED) (SPLIT) (ITUNES)
CURE FOR WELLNESS-A (SPLIT) VUDU OR ITUNES)
DADDY'S HOME 2 (SPLIT) VUDU 4K $6 OR VUDU HD $4 OR ITUNES 4K $3)
DALLAS BUYERS CLUB (VUDU OR ITUNES)
DARK KNIGHT RISES-THE (MA)
DEADWOOD THE MOVIE (VD) $5
DEATH WISH (VUDU)
DEEP WATER HORIZON (4K) (VUDU OR ITUNES) $6.50
DEN OF THIEVES (ITUNES)
DESPICABLE ME 3 (SPLIT) (VUDU OR ITUNES 4K)
DIVERGENT (2014) (VUDU)
DIVERGENT: ALLEGIANT SERIES (2016) (VUDU) $8
DIVERGENT: INSURGENT SERIES (2015) (VUDU) $8
DOCTOR SLEEP + DIRECTOR'S CUT (MA) $8
DOLPHIN TALE 2 (MA)
DOLITTLE (MA) $7
DOOM ANNIHILATION (MA) $5
DOORMAN-THE (VUDU OR ITUNES 4K) $7
DORA & THE LOST CITY OF GOLD (VUDU OR ITUNES 4K)
DOWNSIZING (SPLIT) VUDU OR ITUNES 4K)
DUNKIRK (MA)
ECHO BOOMERS (VUDU OR ITUNES) $7
ESCAPE PLAN (2013) VUDU
E.T-THE EXTRA TERRESTRIAL (ITUNES)
EXPENDABLES 2 (2012) (VUDU OR ITUNES 4K)
FAHRENHEIT 451 (SPLIT) (ITUNES)
FANTASTIC BEAST & WHERE TO FIND THEM 4K (MA) (2016) $7
FAST & THE FURIOUS #1- (SPLIT) VUDU/MA OR (ITUNES 4K)
FAST & THE FURIOUS #2- (SPLIT) (VUDU/MA ITUNES 4K)
FAST & THE FURIOUS #3- (SPLIT) (VUDU/MA OR ITUNES 4K)
FAST & THE FURIOUS #4- (SPLIT) ( VUDU/MA OR (ITUNES 4K)
FAST & THE FURIOUS #5 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES HD)
FAST & THE FURIOUS #6 - EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #7 EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K)
FAST & THE FURIOUS #8 - FATE OF THE FURIOUS EXTENDED VERSION (SPLIT) (VUDU HD OR ITUNES 4K
FAULT IN OUR STARS-THE (VD OR ITUNES 4K)
FAVOURITE-THE (2018) (MA) $8
FIFTY SHADES DARKER UNRATED (SPLIT) (VUDU OR ITUNES 4K )
FIFTY SHADES OF GREY (SPLIT) (VUDU OR ITUNES 4K)
FINDING DORY (SPLIT) (MA(HD) OR ITUNES 4K $6) NP OR (GP $4)
FIRST MAN (MA) $6
FOCUS (2015) (MA)
FORCE OF NATURE (VUDU OR ITUNES 4K) $6
FOUR KIDS & IT (VD) $6
FOX & THE HOUND 2 (SPLIT) (GP$6)
FROZEN (SPLIT) (MA 4K $7 OR GP $5)
GAME OF THRONES S8 (SPLIT) (VUDU OR ITUNES) $8
GAURDIANS OF THE GALAXY VOL. 2 (SPLIT)
GEMINI MAN (VUDU 4K $8 OR HD $6 OR ITUNES 4K $4)
GENTLEMAN1-THE (ITUNES 4K) $8
GET HARD (MA)
GET OUT (SPLIT) (ITUNES 4K)
GHOSTBUSTERS 2 1989 (MA) $5
GHOST IN THE SHELL 2017 (SPLIT) VUDU OR ITUNES 4K)
GIFTED (2017) (MA/VD OR ITUNES) $5
GIRL ON THE TRAIN (SPLIT) VUDU OR ITUNES 4K)
GIRLS TRIP (SPLIT) (VUDU) OR (ITUNES)
GLASS (MA) $5
GOLD (SPLIT) (ITUNES)
GOLDFINCH-THE (MA) (SD) $2
GOOD DINOSAUR-THE (GP $5)
GOOD LIAR-THE SD MA
GOONIES-THE 4K (MA) $7
GREAT WALL-THE (SPLIT) VUDU OR ITUNES 4K)
GRETEL & HANSEL (VUDU) HD $8
GRINCH (2018) (MA) $6
GRINGO (AMAZON PRIME) $2
GROWN UPS 2 (MA)
GUNMAN-THE (SPLIT) (VUDU OR ITUNES)
HACKSAW RIDGE 4K (VUDU OR ITUNES) $7
HALLOWEEN (2018) (MA)
HANGOVER 2 (MA)
HAPPYTIME MURDERS (ITUNES)
HARRIET (MA) $9
HARRY POTTER & THE DEATHLY HALLOWS PT 2 (#7) (MA)
HEAT-THE (2013) (SPLIT) (VUDU OR ITUNES)
HEAVEN IS FOR REAL (MA HD $4 OR SD $2)
HIDDEN FIGURES (VUDU OR ITUNES 4K)
HIGH NOTE (MA) $8
HOBBIT-THE : AN UNEXPECTED JOURNEY (MA) $5
HOCUS POCUS (GP) $3
HOLMES & WATSON (MA) $5
HOME ALONE 2 (MA)
HONEST THIEF (MA) $9
HOSTILES (4K) (VUDU OR ITUNES) $5
HOT TUB TIME MACHINE (MA)
HOUSE-THE (MA)
HOW TO TRAIN YOUR DRAGON 1 (VUDU OR ITUNES )
HOW TO TRAIN YOUR DRAGON 1-3 (MA) $14
HOW TO TRAIN YOUR DRAGON 2 (MA)
HOW TO TRAIN YOUR DRAGON 3 (MA) $6
HUNGER GAMES (2012) (SPLIT) (VUDU OR ITUNES)
HUNGER GAMES: CATCHING FIRE (2013) (SPLIT) (VUDU OR ITUNES 4K)
HUNGER GAMES: MOCKING JAY PART 1 (2014) (SPLIT) (VUDU OR ITUNES 4K)
HUNGER GAMES: MOCKING JAY PART 2 (2015) (SPLIT) (VUDU OR ITUNES 4K)
HUNT-THE (MA) $8
HUNTSMAN-THE WINTERS WAR EXT (SPLIT) (VUDU HD OR ITUNES 4K)
HUSTLE-THE (ITUNES)
HUSTLERS (ITUNES)
IDENTITY THIEF (VD OR ITUNES)
I FEEL PRETTY (ITUNES)
I SEE YOU (SPLIT) (VUDU $6 OR ITUNES $4)
I STILL BELIEVE (VUDU OR ITUNES 4K) $6
I STILL SEE YOU (VUDU)
IF BEALE STREET COULD TALK (MA)
INCREDIBLES 2 (SPLIT) GP $6)
INCREDIBLES-THE (SPLIT) GP $6
INDEPENDENCE DAY: RESURGENCE (MA OR 4K VIA FOX) $5
INSIDE OUT (GP $5)
INSIDIOUS: THE LAST KEY (SD)(MA)
INSTANT FAMILY (SPLIT) (VUDU OR ITUNES 4K)
INVISIBLE MAN (MA) 4K $9 OR HD $7
IRONMAN (SPLIT) (MA/ITUNES 4K $8 OR GP $6)
IRONMAN 2 (MA/ITUNES 4K $8 OR MA HD/ITUNES 4K $7 OR GP $6)
IRON MAN 3 (MA4K/ITUNES 4K $8 OR GP $6)
IRON MASK (VUDU OR ITUNES) $7
IRRESISTIBLE (MA) $10
JACK REACHER N.G.B (SPLIT) VUDU OR ITUNES 4K)
JAMES BOND: THE DANIEL CRAIG COLLECTION (4 FILM BUNDLE) (VD HD $15)
JASON BOURNE : BOURNE IDENTITY (MA) 4K (2002) $8
JASON BOURNE : BOURNE SUPREMACY (MA) 4K (2004) $8
JASON BOURNE : BOURNE ULTIMATUM (MA) 4K (2007) $8
JASON BOURNE : BOURNE LEGACY (MA) 4K (2012) $8
JASON BOURNE (SPLIT) VUDU 4K $8 OR VD HD $4 OR ITUNES 4K $2 (2016)
JEXI (VUDU OR ITUNES 4K) $6
JIU JITSU (VUDU OR ITUNES) ($7)
JOHN HENRY (2020) (VUDU $4 OR ITUNES $2)
JOHN WICK 1 & 2 (VUDU) $10
JOHN WICK 3 4K (VUDU/ITUNES/GP) $10
JOKER (MA 4K $7 OR HDX $5)
JOY (VUDU OR ITUNES 4K) $5
JUMANJI: WELCOME TO THE JUNGLE (MA) (SD)
JUNGLE BOOK-THE (2016) (GP $6)
JURASSIC PARK (1993) (MA/VD)
JURASSIC PARK: THE LOST WORLD (1997) (MA)
JURASSIC WORLD (2015) (SPLIT) (VD OR ITUNES 4K)
JUSTICE LEAGUE (MA) $5
JUST MERCY (MA) $8
KIDNAP (SPLIT) VUDU OR ITUNES)
KILLERMAN (VUDU $5 OR ITUNES $4)
KING ARTHUR: LEGEND OF THE SWORD (MA)
KING KONG 4K (2005) (MA) $8
KING OF STATEN ISLAND (MA) $8
KINGSMAN-GOLDEN CIRCLE (MA OR ITUNES 4K)
KITCHEN-THE (2019) (MA HD $4 OR SD $2)
KNICK-THE (S1) (SPLIT) (VUDU $8 OR ITUNES $7)
KNIVES OUT 4K (VUDU OR ITUNES) $8
KNOCK KNOCK (VUDU OR ITUNES)
KRAMPUS (VD)
LAST STAND-THE (SPLIT) (VUDU OR ITUNES)
LAST WITCH HUNTER-THE (VD)
LEGEND OF TARZAN-THE (MA)
LEGION-THE (VUDU OR ITUNES) $6
LEGO DC SHAZAM!: MAGIC & MONSTERS (MA) $6
LEGO MOVIE 4K (2014) (MA) $6 OR VD HD $4
LEGO NINJAGO MOVIE-THE (MA) $5
LIFE (2017) (MA)
LIGHT OF MY LIFE (SPLIT) (VUDU $6 OR ITUNES $4)
LIKE A BOSS (VUDU OR ITUNES 4K) $8
LIVE BY NIGHT (MA)
LOGAN (VUDU OR ITUNES 4K)
LOGAN LUCKY (SPLIT) VUDU OR ITUNES 4K)
LONE SURVIVOR (SPLIT) (VUDU OR ITUNES 4K)
LORAX-THE (SPLIT) (VD OR ITUNES)
LUCKY DAY (VUDU OR ITUNES 4K) $6
MAGIC MIKE (MA)
MAMMA MIA-HERE WE GO AGAIN (MA)
MAN OF STEEL (MA)
MEGAN LEAVEY (SPLIT) VUDU OR ITUNES)
MADAGASCAR 3 (🍏)
M:I (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I #2 (SPLIT) (ITUNES 4K $4)
M:I #3 (SPLIT) (ITUNES 4K $4)
M:I #4 (SPLIT) (VUDU HD $4)
M:I #5 (SPLIT) (VUDU HD $4 OR ITUNES 4K $4)
M:I-6 FALLOUT (SPLIT) (VUDU 4K $5 OR VUDU HD $4 OR ITUNES 4K $4)
MILE 22 (ITUNES 4K) $2.50
MISS PEREGRINE'S H.F.P.C (VUDU OR ITUNES 4K)
MOANA (MA $4 OR GP $3)
MOB TOWN (VUDU OR ITUNES) $4
MOLLY'S GAME (ITUNES)
MONSTERS UNIVERSITY (GP $5)
MONSTERS, INC.(SPLIT) (MA HD OR ITUNES 4K $7)
MORTAL ENGINES (MA) $5
MOTHER (SPLIT) VUDU 4K $5 OR VUDU HD $2 OR ITUNES 4K $2)
MOTHERLESS BROOKLYN (SD) MA $4
MOUNTAIN BETWEEN US (MA OR ITUNES 4K VIA FOX WEBSITE)
MUD (VUDU)
MULAN 1998 (MA 4K $7 OR GP $6)
MULAN (2020) (SPLIT) (MA $7 OR GP $5)
MUMMY-THE 1999 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY RETURNS-THE 2001 (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE: TOMB OF THE DRAGON EMPEROR (2008) (SPLIT) (VUDU OR ITUNES 4K)
MUMMY-THE 2017 (SPLIT) (VUDU OR ITUNES 4K)
MURDER ON ORIENT EXPRESS (MA)
NEW MUTANTS (SPLIT) (MA 4K $8 OR HD $6 OR GP $5)
NEW YEARS EVE (2011) MA
NIGHT BEFORE-THE (MA)
NIGHT HUNTER (VUDU $5 OR ITUNES $4)
NIGHT SCHOOL EXTENDED CUT (MA)
NOBODY'S FOOL (SPLIT) (VUDU $4 OR ITUNES $3)
NOCTURNAL ANIMALS (SPLIT) (VUDU OR ITUNES)
NON-STOP (SPLIT) (VUDU OR ITUNES)
NOW YOU SEE ME 1&2 (VUDU) $8
NUT JOB 2 NUTTY BY NATURE (SPLIT) VUDU OR ITUNES)
OCEANS 8 (4K) (MA) $7
OFFICE X-MAS PARTY (SPLIT) VUDU OR ITUNES 4K)
OFFICIAL SECRETS (SPLIT) (VUDU OR ITUNES)
OTHER WOMAN-THE (MA)
ONLY THE BRAVE (MA) HD$4 OR SD$2
ONWARD (SPLIT) MA 4K $8 OR GP $5
OVERLORD (SPLIT) VUDU 4K $6 OR VUDU HDX/ITUNES 4K $4
OZ THE GREAT & POWERFUL (GP) $5
PACIFIC RIM (MA/VD) $5
PAIN & GAIN (SPLIT) (VUDU OR ITUNES)
PARENTAL GUIDANCE (MA) $5
PATERNO (VUDU OR ITUNES)
PATRIOTS DAY 2017 (SPLIT) (VUDU OR ITUNES 4K)
PEANUT BUTTER FALCON-THE (VUDU OR ITUNES) $8
PEPPERMINT (ITUNES) $2
PERKS OF BEING A WALLFLOWER-THE (VUDU)
PET CEMETERY 2019 (SPLIT) (VUDU 4K $7 VUDU $5 OR $4 ITUNES 4K)
PETERPAN 1953 (GP) $6
PHOENIX FORGOTTEN (VUDU OR ITUNES)
PHOTOGRAPH-THE (MA) $8
PIRATE FAIRY (SPLIT) (MA $7 OR GP $6)
PIRATES O.T.C DMTNT GP $2
PITCH PERFECT 2 (MA/VUDU)
PLANES (GP) $5
PLAYING WITH FIRE (VUDU $5 OR ITUNES $4)
POCAHONTAS 2 (SPLIT) (MA$7 OR GP $6)
POST-THE (MA)
PREDATOR-THE (2018) (MA)
PURGE ELECTION YEAR-THE (SPLIT) (VUDU OR ITUNES 4K)
QUARRY-THE (VUDU OR ITUNES) $7
QUIET PLACE-A (SPLIT) VUDU OR ITUNES 4K)
RACE (2016) (VUDU OR ITUNES)
RALPH BREAKS THE INTERNET (SPLIT) (GP$4)
RAMBO LAST BLOOD 4K (VUDU OR ITUNES) $8
RAMPAGE (MA) HD
READY PLAYER ONE (MA)
RICHARD JEWELL SD (MA) $5
RIDE LIKE A GIRL (VUDU OR ITUNES) $8
RINGS (SPLIT) (ITUNES)
RIOT (2016) (VUDU OR ITUNES)
ROBIN HOOD 2018 (VUDU OR ITUNES) $6
ROBOCOP (2014) (VUDU OR ITUNES)
ROCKETMAN (VUDU OR ITUNES 4K)
ROUGE (VUDU OR ITUNES 4K) $7
ROUGE WARFARE (VUDU $6 OR ITUNES $4)
RUN THE RACE (MA) $5
RUSH 2013 (VUDU) $5
RUSSELL MADNESS (MA)
RHYTHM SECTION-THE (VUDU OR ITUNES 4K) $7
SAME KIND OF DIFFERENT AS ME (SPLIT) (ITUNES)
SCARY STORIES TO TELL IN THE DARK 4K (VUDU OR ITUNES) $8
SCOOB! (MA 4K $10)
SECOND ACT (ITUNES)
SECRET: DARE TO DREAM-THE (VUDU OR ITUNES) $8
SECRET GARDEN-THE (ITUNES 4K) $7
SECRET LIFE OF WALTER MITTY-THE (MA)
SERENITY 2019 (MA) $5
SHAFT (2019) (VUDU) $5
SHALLOWS-THE (MA) $5
SHERLOCK HOLMES (2009) MA/VD
SHERLOCK HOLMES (2011) MA/VD
SICARIO 4K (VUDU OR ITUNES) $6
SILENCING-THE (VD OR ITUNE5 4K) $7
SILVER LININGS PLAYBOOK (ITUNES)
SING (VUDU) OR (ITUNES 4K*PORTS IN 4K)
SKYSCRAPER (MA)
SLEEPING BEAUTY 1959 (SPLIT) (GP $6)
SLEEPLESS (SPLIT) (VD OR ITUNES)
SNATCHED (SPLIT) VUDU OR ITUNES 4K)
SNOWMAN-THE (2017) (MA) $7
SNOW WHITE & THE 7 DWARFS (1937) (SPLIT) (MA OR ITUNES $7) OR GP $6
SOLO:A STAR WARS STORY (GP) $6
SONIC THE HEDGEHOG (VUDU 4K $9 OR VUDU OR ITUNES 4K $7
SON OF GOD (MA)
SPACE JAM (1996) (MA) $7
SPARE PART 2015 (VUDU)
SPIDERMAN 3 (2007) (MA)
SPIES IN DISGUISE (SPLIT) (GP $6)
SPLIT (2017) (SPLIT) (ITUNES 4K)
STAR TREK BEYOND (SPLIT) VUDU OR ITUNES 4K)
STAR TREK INTO DARKNESS (VUDU)
STAR WARS #7 THE FORCE AWAKENS (SPLIT) (GP $6)
STAR WARS #8 THE LAST JEDI (SPLIT) (GP $6)
STAR WARS #9 RISE OF SKYWALKER (SPLIT) (MA 4K $7 GP $6)
STAR WARS ROUGE ONE (SPLIT) (GP $6)
STRANGERS PREY AT NIGHT (MA)
SUICIDE SQUAD (MA) $5
SUPERMAN MAN OF TOMMOROW (MA) $7
SUPERMAN RED SON (MA) $7
SWING OF THINGS (VUDU OR ITUNES) $7
TAMMY (MA)
TANGLED (GP) $6
TED 2 UNRATED (SPLIT) (VD OR ITUNES)
TENET (MA 4K $10 OR HD $8)
TERMINATOR DARK FATE (VUDU 4K $7 OR VUDU $5 OR ITUNES 4K $4)
THAT AKWARD MOMENT (MA) $7
THE 33 (MA)
THE INTERVIEW (2014) (MA)
THOR #1 (SPLIT) MA/ITUNES 4K $8 OR GP $5)
THOR RAGNAROK (SPLIT) MA HD OR ITUNES 4K $7 OR GP $4
THREE BILLBOARDS OUTSIDE OF E.M (MA)
TOTAL RECALL 4K (1990) (VUDU OR ITUNES) $7
TOY STORY 4 (SPLIT) MA/ITUNES 4K $8 OR MA HD $6 OR GP HD $5
TRANSCENDENCE (VD)
TRANSFORMERS (#5) THE LAST KNIGHT (SPLIT) (VD 4K $6 OR VD HD $4 OR ITUNES 4K $4)
TROLLS (MA)
TROLLS 1 & 2 (MA) $12
TROLLS WORLD TOUR (MA) $8
TRUE DETECTIVE S3 (SPLIT) (VUDU $5 OR ITUNES $4)
TURNING-THE (MA) $8
TYLER'S PERRY'S A MEADA CHRISTMAS (VUDU)
TYLER PERRY'S MADEA'S WITNESS PROTECTION (VUDU)
TYLER PERRY'S TEMPTATION: CONFESSION OF A MARRIAGE COUNSELOR (VUDU)
UNBROKEN (2014) (SPLIT) (VUDU OR ITUNES)
UNBROKEN: PATH TO REDEEMTION (MA) $5
UNCUT GEMS (VUDU OR ITUNES) $5
UNCUT GEMS (VUDU) $8
UNDERWATER (MA) $8
UNFRIENDED:DARK WEB (MA) $8
UNHINGED (VD) $7
UPSIDE-THE (ITUNES)
US (MA)
VANISHED-THE (VUDU OR ITUNES) $6
VICE (MA)
WALL-E: (GP $6)
WAR DOGS (2016) (MA)
WAR FOR THE PLANET OF THE APES(SPLIT) VUDU OR ITUNES 4K)
WATCHMEN S1 (VUDU) $10
WAY BACK-THE (MA) $7
WHAT MEN WANT (SPLIT) VUDU $4 OR ITUNES $3)
WHY HIM (SPLIT) VUDU OR ITUNES 4K)
WIDOWS (MA) ($4)
WOLF OF SNOW HOLLOW (VD) HD $9 OR SD $7
WONDER PARK (SPLIT) (VUDU OR ITUNES)
WONDER WOMAN (MA)
WORLD WAR Z (SPLIT) (VUDU OR ITUNES)
XXX R. O Xander CAGE (VUDU OR ITUNES 4K)
YOUNG MESSIAH-THE (MA)
PAYMENTS ACCEPTED
+PAYPAL FRIENDS & FAMILY +CASH APP +VENMO +GOOGLE PAY +APPLE PAY
SECONDARY LIST BELOW
https://docs.google.com/document/d/1cZ9CqHTNJ14wo7H80BkSi4nTZHOf-4eBxnCtJjYAk48/edit?usp=drivesdk