EVERETT, WA (November 20, 2025) -- Funko, Inc. ("Funko,” or the “Company”) (Nasdaq: FNKO), a leading pop culture
lifestyle brand, today announced it is expanding its relationship with
Amazon Shipping (www.amazon.shipping.com) to support the final mile Customer delivery from Funko’s U.S. e-commerce
operations, building on a successful collaboration already in place within
the United Kingdom. Funko will continue packing and distributing from its
existing U.S. fulfillment facilities, with Amazon Shipping now providing the
last-mile delivery service to E-commerce customers. The relationship will
leverage Amazon Shipping’s world-class U.S. logistics infrastructure to
provide Funko customers with reliable, fast delivery seven days of the
week.
The new collaboration represents a key step forward in Funko’s broader
strategy to optimize its global fulfillment network, increase operational
efficiency, and elevate the overall customer experience. By integrating Amazon
Shipping’s delivery expertise, Funko will streamline the movement of products
from fulfillment centers to customers’ doors, making sure each package brings
the excitement and joy that collectors expect from the Funko experience.
“Through this collaboration, Funko strengthens its promise of quality,
storytelling, and delighting fans with every delivery,” said Cliff Engle,
Senior Vice President, Distribution, Logistics & Operation at Funko. “As
demand across our e-commerce channels continues to grow, partnering with
Amazon Shipping in the U.S. reinforces our commitment to delivering
efficiently and reliably at scale—moving at the speed of pop culture, so fans
never miss the latest Limited Edition drop or trending collectible.”
The agreement also supports Funko’s long-term goal of building a data-driven,
end-to-end logistics ecosystem that enables faster response to market trends,
seasonal surges, and new product launches, driving stronger performance across
its U.S. e-commerce business.
ABOUT FUNKO
Funko is a leading global pop culture lifestyle brand, with a diverse
collection of brands, including Funko, Loungefly and Mondo, and an
industry-leading portfolio of licenses. Funko delivers industry-defining
products that span vinyl figures, micro-collectibles, fashion accessories,
apparel, plush, action toys, high-end art, music and digital collectibles,
many of which are at the forefront of the growing Kidult economy. Through
these products, which include the iconic original Pop! line, Bitty Pop! and
Pop! Yourself, Funko inspires fans across the globe to express their passions,
build community and have fun. Founded in 1998 and headquartered in Washington
state, Funko has offices, retail locations, operations and licensed
partnerships in major consumer geographies across the globe. Learn more at
Funko.com,
Loungefly.com and
MondoShop.com, and follow us on
TikTok,
X, and
Instagram.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. All statements contained
in this press release that do not relate to matters of historical fact should
be considered forward-looking statements, including statements regarding our
product offerings, our strategic plan and speed to market, anticipated
financial results, including without limitation, equity-based compensation and
financial position, the impact of and anticipated trends in the macroeconomic
environment, including tariffs, on the company’s business, and actions to
address the current macroeconomic environment. These forward-looking
statements are based on management’s current expectations. These statements
are neither promises nor guarantees, but involve known and unknown risks,
uncertainties and other important factors that may cause our actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements, including, but not limited to, the following: our
ability to execute our business strategy; our ability to manage our
inventories and growth; risks relating to our indebtedness, including our
ability to comply with financial and negative covenants under our Credit
Agreement, as amended, and our ability to continue as a going concern; our
ability to maintain and realize the full value of our license agreements;
impacts from economic downturns; changes in the retail industry and markets
for our consumer products; our ability to maintain our relationships with
retail customers and distributors; our ability to compete effectively;
fluctuations in our gross margin and seasonal impacts; our dependence on
content development and creation by third parties; the ongoing level of
popularity of our products with consumers; our ability to develop and
introduce products in a timely and cost-effective manner; our ability to
obtain, maintain and protect our intellectual property rights or those of our
licensors; potential violations of the intellectual property rights of others;
risks associated with counterfeit versions of our products; our ability to
attract and retain qualified employees and maintain our corporate culture; our
use of third-party manufacturing; risks associated with climate change;
increased attention to sustainability and environmental, social and governance
initiatives; geographic concentration of our operations; risks associated with
our international operations, including risks related to tariffs and trade
restrictions; changes in effective tax rates or tax law; our dependence on
vendors and outsourcers; risks relating to government regulation; risks
relating to litigation, including products liability claims and securities
class action litigation; any failure to successfully integrate or realize the
anticipated benefits of acquisitions or investments; future development and
acceptance of blockchain networks; risks associated with receiving payments in
digital assets; risk resulting from our e-commerce business and social media
presence; our ability to successfully operate our information systems and
implement new technology; our ability to secure additional financing on
favorable terms or at all; the potential for our or our third-party providers’
electronic data or the electronic data of our customers to be compromised; the
influence of our significant stockholder, TCG, and the possibility that TCG’s
interests may conflict with the interests of our other stockholders; risks
relating to our organizational structure; including the Tax Receivable
Agreement ("TRA") which confers certain benefits upon the parties to the TRA
("TRA Parties") that will not benefit Class A common stockholders to the same
extent as it will benefit the TRA Parties; volatility in the price of our
Class A common stock; and risks associated with our internal control over
financial reporting. These and other important factors discussed under the
caption “Risk Factors” in our quarterly report on Form 10-Q for the quarter
ended September 30, 2025 and our other filings with the Securities and
Exchange Commission could cause actual results to differ materially from those
indicated by the forward-looking statements made in this press release. Any
such forward-looking statements represent management’s estimates as of the
date of this press release. While we may elect to update such forward-looking
statements at some point in the future, we disclaim any obligation to do so,
even if subsequent events cause our views to change. These forward-looking
statements should not be relied upon as representing our views as of any date
subsequent to the date of this press release.