Thread on IDW’s release of the fiscal year 2020 financial report!

Going to be a bit brief given the lack of new #WynonnaEarp info, but I’ll come back to update after dropping in on the investor call in about 20 minutes :)

Since the release of the Q3 report back in September, I know we’ve all been thirsty for news, ANY news, on the Earp front! I’m sorry to say that there isn’t much new information in the annual report which wasn’t included in Q3. Here’s my Q3 thread if you need a refresher! https://twitter.com/viewseralert/status/1305621952397291521

Here is the first mention of #WynonnaEarp in the report. Similar information to what was presented in Q3, and nothing we didn’t already know.

The next mention is again, old news. They state that season 4b will be released in 2021 without any further specifics. But still, knowing that is THIS year still feels good

We know that 1 episode of #WynonnaEarp was delivered in Q4, while the other 5 were delivered in Q3. Similar to Q3, we can see there is a small net loss attributable to Wynonna, which is the result of legacy production deals which IDW will not negotiate in the future.

We also know that production on Season 4 was delayed, which on the business side of things means that the cash and related revenue for 4b will be pushed out further than initially planned. Not earth shattering, the money will likely come in during Q2 of 2021.

However in the screen shot above, you’ll notice that IDW plans to raise additional funds in 2021. On December 9, 2020, IDW filed with the SEC to request the ability for another security (stock) offering, so that plan is already in motion.

IDW is also planning to uplist from OTC Market to a national stock, like the NY Stock Exchange, which would give greater visibility to potential investors, and give the company more flexibility. This has been in the works for a while, and is expected to take place in 2021.

As noted in Q3, unfortunately the Cineflix deal will not be as profitable as initially thought. However, any potential deals on Season 5 wouldn’t be negotiated under the legacy production deals which would mean a net income from the show, as is the case with Locke & Key currently

And now for the tea from the investor conference call, which concluded about 30 seconds ago...

A lot of what was said from the Q3 call was repeated. Namely, any renewals will be announced by the buyer (the Networks) and that they will no longer enter into legacy production deals, which got them into financial difficulty back in 2019

It was also noted that once the last of the #WynonnaEarp season 4 episodes are delivered, that will be the last of the legacy production losses that are expected. They have a clear strategy in place and are set to execute that strategy.

Now for my speculation - the explicit statement from the CEO, which he said was to serve as a “reminder,” that the buyer announced any renewals is way too specific not to be about Earp.

To me, this indicates that they HEAR us and they know what we want. And they are kindly directing us to SyFy to polite-no-chill them for any season 5 news.

As always, the moral of the story is to keep it loud and not to let them forget what we want!! I’ll keep my eyes out for any additional news.

In the meantime, use #WynonnaEarp and #FiveForWynonna when tagging @IDWEntertain and @SYFY. Tweet on, Earpers!