Kustom Entertainment, Inc. — Third Quarter 2026 Earnings Summary
Kustom Entertainment, Inc. reported a 57% increase in third-quarter revenue from continuing operations to $2.7 million, driven by growth in its TicketSmarter marketplace and the 30th anniversary Country Stampede festival. The company achieved net income of $2.3 million for the quarter, a significant turnaround from the net loss recorded in the same period of the previous year. Following the sale of its legacy video solutions business to Cycurion in August 2026, the company's stockholders' equity more than tripled to $7.9 million while total liabilities declined by $9.3 million. Management plans to close the acquisition of TFL, LLC by December 18, 2026, and will expand the 2027 Country Stampede Music Festival to a larger venue in Gilley's Park City.
- Company
- KUSTOM ENTERTAINMENT INC
- Sector
- Communication Services
- Industry
- Internet Content & Information