Funko's finances are apparently quite bad. "How severe?" you may ask. The company owes so much money and has hemorrhaged a lot of funds to the point that it could go bankrupt in 2026, allegedly. It is, "The Fall of the Funko Empire." It isn't the fault of a single thing, but lots of culprits. Overproduction, bad quality control, the rise of Labubu as a competitor, tariffs, and the like leading to $240 million of debt.
Whether Funko weathers this storm, gets bought out and absorbed into another company, or simply crashes and burns remains to be seen. I have always had a fondness for Funko Pops, whilst also not being a die-hard fan by any means. I have some Funko products, and it makes me smile to look at the ones I like--mainly the Pops, which helped the company achieve new levels of success upon that product entering the scene in 2011. I've never thought of them as some kind of investment or such, however. I lived through the Beanie Baby craze and crash, even if Funko has managed to last longer and appear more stable...at least, until now. I like Funko and their stuff. I hope they recover. Right now, things are worrisome, however.
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