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News Release Archive Spin Master Reports Strong Q3 2021 Financial Results Revenue increases 25 % driven by growth across Toys , Entertainment and Digital Games . Company increases Outlook for 2021 . TORONTO , Nov. 3 , 2021 / CNW / - Spin Master Corp. ( " Spin Master " or the " Company " ) ( TSX : TOY ) ( www.spinmaster.com ) , a leading global children's entertainment company , today announced its financial results for the three and nine months ended September 30 , 2021. The Company's full Management's Discussion and Analysis ( " MD & A " ) for the three and nine months ended September 30 , 2021 is available under the Company's profile on SEDAR ( www.sedar.com ) and posted on the Company's web site at www.spinmaster.com/financial-info.php . " It's rewarding to see our strategic approach to toy innovation , engaging storytelling and open - ended digital play drive strong revenue growth across our three creative centres , " said Max Rangel , Spin Master's Global President and Chief Executive Officer . " Our global supply chain team expertly managed the market disruptions to ensure steady inventory flow , which allowed us to grow our market share in the U.S. and build momentum ahead of the holiday season . Our first feature film , PAW Patrol : The Movie , helped recruit new fans to the franchise through increased awareness globally , which drove demand for our toys . Within digital games , Toca Life World continues to drive exceptional consumer engagement and revenue growth . With a continued focus on innovation and operational execution , we believe we are well positioned to bring magical play experiences to kids and their families . " " We delivered very strong financial and operating results this quarter , " said Mark Segal , Spin Master's Chief Financial Officer . " Our Gross Product Sales and Total Revenue were higher than in any quarter in our history . The combination of strong sales , diligent cost management and our continued efforts to refine our operational capability led to record profitability levels . We are pleased to raise our Gross Product Sales and Total Revenue outlook for 2021 and for the balance of the year we will continue to take a disciplined approach to manage costs and maximize profitability and cash flow . With a diversified portfolio of brands , entertainment franchises and digital games across our global platform and a very solid financial base , we remain focused on investing to create long term value . " Q3 2021 Financial Highlights as compared to the same period in 2020 • Total Revenue of US $ 714.5 million increased by 25.0 % from US $ 571.6 million . In Constant Currency¹ terms , total revenue increased by 24.2 % . • Gross Product Sales¹ increased by 16.0 % to US $ 681.2 million from US $ 587.4 million , primarily driven by higher sales in Preschool & Girls and Boys . In Constant Currency¹ terms , Gross Product Sales¹ increased by 15.4 % . • Gross Product Sales¹ increased by 20.5 % in Europe , 16.7 % in Rest of World and 13.8 % in North America . International Gross Product Sales¹ were 39.5 % of total Gross Product Sales¹ , compared to 38.3 % . • Other Revenue grew by US $ 58.4 million or 120.9 % to US $ 106.7 million , driven by higher entertainment and licensing revenue and digital games revenue . • Entertainment and Licensing revenue was US $ 53.0 million , US $ 32.4 million or 158.0 % higher , primarily driven by distribution revenue related to PAW Patrol : The Movie . • Digital games revenue was US $ 53.8 million , an increase of US $ 26.0 million or 93.5 % , driven by growth in Toca Life World . • Sales Allowances¹ increased by US $ 9.3 million to US $ 73.4 million . As a percentage of Gross Product