Earnings Releases·Nov 10, 2026, 7:30 AM ET

Kustom Entertainment, Inc. — Third Quarter 2026 Earnings Summary

Total revenue from continuing operations surged 57% year-over-year to $2.7 million, driven by a 65% increase in service revenue, while net income attributable to common stockholders reached $2.35 million ($4.51 per share), reversing a prior-year loss.
The company completed the divestiture of its legacy video solutions business, resulting in a $5.0 million gain from discontinued operations, a strengthened balance sheet with total liabilities declining $9.3 million, and cash reserves increasing to $1.7 million.
Strategic progress includes the approval and amended agreement to acquire TFL, LLC, subject to closing by December 18, 2026, and plans to double venue capacity for the 2027 Country Stampede Music Festival.
Management anticipates that deliberate investments in customer acquisition and marketing will expand margins as the TicketSmarter platform scales, though risks remain regarding the finalization of the TFL acquisition and integration success.