2/9/21 Update: Additional info posted here

Funko is a good company with solid performance that is still trading at a reasonable price. Check out my DD below:
​
Funko (FNKO)
Share Price (1/28/21) : $11.97
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
Retail exclusives can grow the potential universe of licenses and increase retailer buy-in
· For example: A retailer like GameStop could lobby Funko to make a GameStop exclusive of the WallStreetBets Kid like this person suggested here. (The exclusive Pop! would be made into a limited edition and sold only to GameStop to sell at their stores)
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.
Previous DD: Herman Miller

Hi all,
To celebrate the return of Undervalued to the Reddit community, I decided to put together a quick DD and post it on a stock that I have had my eye on for a little while. It's still a "work-in-progress" and I may potentially update it later on Reddit with more information or detail if I have time at some point in the future.
If you have any opinions, thoughts, or additional information, please share it. Positive. Negative. Neutral. All information is helpful and informative to the community. (I thought the feedback received from my first DD posted to this sub was quite helpful and I look forward to what you have to say.)
Thank you to u/BuyLowSellNever for turning the sub back on; allowing us to share and discuss ideas with the broader community in a thoughtful and respectful manner. Best wishes. - LA

Funko (FNKO)
Share Price (1/28/21) : $11.97
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.

2/9/21 Update: Additional info posted here

2/9/21 Update: Additional info posted here

Funko is a good company with solid performance that is still trading at a reasonable price.
Check out my DD below:
Funko (FNKO)
Share Price (02/01/21) : $12.90
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
Retail exclusives can grow the potential universe of licenses and increase retailer buy-in
· For example: A retailer like GameStop could lobby Funko to make a GameStop exclusive of the WallStreetBets Kid like this person suggested here. (The exclusive Pop! would be made into a limited edition and sold only to GameStop to sell at their stores)
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.
Previous DD: Herman Miller

The results are in for Match 10. The winner is…
Ananas “Agnes” Bayley, with a score of 72 to Guy Manuel-Mota’s 69!

Category	Winner	Point Totals	Comments
Popularity	BADD GUYS	18-12
Quality	Suburban Regalia	22-23	Reasoning
JoJolity	Suburban Regalia	22-24	Reasoning
Conduct	Tie	10-10

Amidst the sea of concrete snow that the stage had become, egged on by Agnes’ unusual encore request that Metra had agreed to, the killing intent of the self-styled villain and master mixologist had won out against the comparable brutality of the affable mercenary who had tried to take his life with just as much brutality.
The crowd, though annoyed by being utterly doused in carbonated everything, literally tossed around, literally watching their fellow partygoers exsanguinated and turned into meat puppets, did not allow it to ruin their fun, cheering on for Metra and her eclectic song choices. Agnes hopped off the makeshift surfboard he’d constructed, his opponent cut to pieces and speared and speared to hell, and it a testament to the sheer resilience of Guy-Manuel Mota that, even in such a gored, pulverized state, his opponent wondered if he was actually dead.
Regardless, he wasn’t getting back up, or reassembling, or pulling any more surprises or attempts to play possum. Realizing that it was over, Agnes was shaking. Breathing heavily. Hints of tears started to form in his eyes… but before he had a chance to cry, he arched back, laughing into a sea of concrete snow.
He’d won again.
“There you go, Metra, your show is saved or whatever,” he said with a mocking flippancy as she left the crowd to meet him backstage, “and I didn’t even kill any of these guys who paid to see you… They’ll just have to deal with sticky-wet clothes and some broken limbs.”
“Can’t believe this happened again… And I just had no choice but to keep singing and dancing.” Metra rubbed her hands on her arms, shaking her head. “I’m sick of this shit… I thought it was all almost over, but it’s just going to be forever in this city, huh?”
“Probably,” Agnes said, still half-laughing through a strained face, “just a constant, encroaching wave of ‘despair’ every waking moment… Way I see it, either you ride that shit as far as you can, or you let yourself drown. Doesn’t make a difference to me which you do.”
He glanced up at the ceiling then, cupping his hands. “Hey, fuckers! I won now! I beat the guy you sent! Get on the biggering or I’ll burn your casino down again!”
The game had, in fact, been won, and Agnes and Metra were the first to start to be free of its grasp, along with the spiked and bloodied separated bits of Guy, still pulsating ambiguously.
“He’s out for blood.” Tigran declared, warning the others Entertainment District highrollers observing, as he produced a deck of cards. “My Stand can’t hold him at that size much longer… But this whole place is about to be flooded with people, too. Duck into somewhere, and get away in the confusion.”
He spoke authoritatively, and even his sole superior, Fox, complied with his wishes after an urgent glance. “I… I’ll come for you! I promise I will!”
Tigran didn’t hear much more of that, then, beyond the sounds of Pork Soda’s Stand cry amplified by sonic boosts courtesy of Metra Doria. He fought impressively with little more than a deck of cards, but even then, could only buy his friends the seconds they needed to get away, live to gamble another day.
Tigran “Golden” Sins, User of ‘The Grid
Retired!
Face broken in nearly a dozen places by Agnes and TD/MD, the 48 year-old owner of Heartache Casino would be very quickly interned at Red Clay penitentiary, Metra insisting that her ally not kill him.
As thousands of confused concertgoers suddenly grew to full size and began to flood the halls of the Alexander Dickinson Amphitheater, the rest of his accomplices were able to escape the authorities yet again. Despite his extremely infamous protectiveness towards his face, he almost seemed to wear the damage with pride, knowing that this time, it represented having allowed the only man he considered greater than himself to run free yet again.
Red Clay Penitentiary - Industrial District
“Well, well, well, isn’t this a small world now? Tigran Sins, now in my care… Certainly less of a looker than I’d heard.” A dark-wavy-haired twenty-something sat snickering in the warden’s big swivel-chair, clad in a sleeveless velvet minidress, what of her flesh was exposed covered in flickering tattoos resembling closed eyes, flanked by uncanny-looking guards. “You don’t know me, but I’ve certainly heard of you… Of how you treated someone I hold dear very cruelly. Don’t you understand we’re all Stand Users trying to live our best life, Mr. Golden? I’m not the one who hurt you and threw you in here, and you’re not the one who said that I needed to be kept half-starved at all times so I couldn’t create anything.”
“Wh… Wait. Who the hell’re you?”
“Did my sweetheart never mention me, or do you just not pay attention to anyone but you and yours?” She leaned forward, bridging her fingers together. “I’m Palmer. I was a drama teacher at a small-town high school, but they kept overfunding football, one thing led to another, and now… I’ve got some serious vision.”
Tigran would be the last inmate admitted to Red Clay before a coup months in the making finally came to fruition.
Hey, yeah, Palmer! Remember that fun NPC? She was dating Mr. Jones and killed four people for him! Anyway, yeah, adjacent to him, an all-out meanspirited brawl in a sewer is taking place, feat. two chaotic clowns and two very frustrated young women.
What rotten luck this had been.
That leak, now of all days, when Being So Normal, Cairo Satori’s pet project that they had been slaving away at ever since setting foot in this series, had the deals with the devil that it had been built upon from the very beginning exposed for the world to see, and the city, which had loved every second of it before, had now been divided sharply between the loyal fans remaining and those protesting the entire thing, demanding the resignation of their producer, the cancellation of a show which had been picked up by so many streaming platforms, had already begun to make so much for the people who had made a livelihood of it all.
With the connection to Andrew Tiffany’s demise, even the oh-so-loyal Purple Flying Man resigned with only a short argument, and even the damage control removal of Caroline Jeffords, responsible for the worst of it, did little to contain the fact that Cairo knew about this, and Cairo allowed this to proceed nonetheless.
What, were they going to just throw it all away at the last minute? Ruin lives, tank companies, get how many people laid off? All over the failures of those close to them? Of course not.
“Cairo, dear,” the voice of that ever-troublesome producer, Million Dollars, muttered into a cell phone for them, “I’m going to need to go under the radar for awhile… People are beginning to look into my own affairs as well. But know that, as always, no matter what, you have my support. This show isn’t just a cash cow, Cairo… It’s an example. An example for the world to look to, and something for Stand Users to aspire to be better. I know you’re probably mad at us as well, but… You know that, don’t you?”
“Dollars… You’ve got a lot of nerve, trying to plead with me right now,” Cairo answered, tense in what had been their green room, sitting in the mall their producer had owned, “we definitely need to talk about our future… But we need to have one, too. Of course the show must go on… Nothing’s gonna jeopardize that!”
Free Viper Strip Mall, Suburban District
In recent times, the atmosphere at Free Viper was… somewhat dire. In fact, it had been on a rapid decline since that fateful day a couple months ago when Bert hijacked a ritual meant to challenge fate and did so, while murdering tens of thousands of people and injuring far more than that at the same time. Actually, Black Knight Penitentiary Album’s death and the realization that Remix was a serial killer came before that and weren’t very uplifting either, but what Bert did was somewhat hard to top.
Either way, the realization that he found one of the most morally bankrupt groups of people to team up with in Los Fortuna was one that Arthur Lifeson had reached not too long ago, and though it was somewhat of a painful thing to come to terms with, he had no choice but to do so and simply carry on. Bert had died, and the least Arthur could do from here on out would be to do his best to assist the city of Los Fortuna and bring justice to those who deserved it. The city certainly needed it, given all that was occurring right now.
For all the time Arthur spent in the city, he hadn’t gotten enough of note done yet… but that was soon to change. He had a plan in mind, one that would help keep the city and the world of stand users as a whole from devolving into further chaos. Before he could put it in place, however, he’d have to get some help.
Los Fortuna Shopping District, Sweet FA Mall - The Next Day
Nix Ripa had been in this city for months now, and in that time, all he had done was tear down walls, break buildings, break people who had dared to step all over the safety of others, of those too weak to bend fate to their whims.
It was despicable to him, and the icy Stand User was seething with hot rage. Those without the power to change the world themselves were pitiable, in their ways, yet at once, he knew they were not above help… That they needed to be driven higher, reach for the stars rather than wave to the heroes they saw in them!
When Arthur Lifeson discovered and contacted him, he did not hesitate to make his way to the megamall in which this was all set to culminate. Rather than in the comfortable solitude of the Black Hill Estate, where he could train without disruption, he’d even spent the night in an alley nearby, wanting to be able to spring out first thing in the morning!
When he did, then, as if on schedule, the older bearded man who had requested his help stood at the foot of Sweet FA, looking himself quite regal with that increasingly modified Medieval Times getup.
“Sir Ripa… It is an honor to meet in person, with yet another warrior of great acclaim.”
“Heh… I’ve seen you around,” Nix answered, stretching off the sleeping-on-a-dumpster aches and forcing out his hand, which Arthur, in turn, grabbed firmly, the pair locking fingers tightly and staring one another down intensely. “Did a damn fine number on those guys at this very mall awhile back… And it takes some guts to drive out into the Middle Finger for any reason! The mountains are where I do my most intense training of all!”
“Aye, I regrettably was fooled into following the glorious allure of Being So Normal… I lack even your good reason, of how you and your fallen brother-in-arms, Sir Rains, apprehended a true villain in the process of this fight, and even a black knight who would have put a past companion of mine to shame with her depravity.” He looked towards the space and shuddered. “The show, it refused to show the truth, but the wounds from that grueling battle, the burns… They were excruciating. That witch Jeffords, nothing she’s touched can be trusted as a truth to show the world.”
“So we’re in agreement then!” Nix said, finally letting the handshake go as Arthur’s hand began to grow numb, rolling his arms around and turning to face Sweet FA. “I looked into this place, their mission statement, their show, their producer… Set a good example my ass! They just want the whole damn world to think there’s nothing better than being a Stand User! That the ground we walk on should be kissed just for what we’ve got! Well… I’m no goddamn celebrity!”
“Heavy is the head that wears the crown,” Arthur agreed, “and this mockery… It will not do good for the world to learn of us this way. A knight’s honor is not something we seek for glory, for congratulation, but because there is no greater purpose than to slay evil, to protect those who cannot for themselves!”
“Heh… I like you. After this, we’re sparring ‘til one of us can’t move!”
Nix led the way in there, then, Arthur feeling pause for a moment at the sheer intensity of his companion. This was not of fear, however, or of a sudden feeling of inadequacy at someone so much younger, yet so much more driven than him.
Nay, he had been filled with more righteous determination than ever, and with a battle cry that led to a family with two kids in a stroller staring his way, he ran in after him!
…
…
As soon as they reached the main foyer of the mall, both of them realized, in tandem, and Nix spoke first, “…this place is huge as hell! Where do we even go to smash shit up?”
“I… That. That is a good point! Perhaps we should conduct a map kiosk, one which says ‘you are here!’ Ugh, those are always a pain to read…”
“I’ll help you.”
Both turned, then, to see a very fashionable teenager, clad in a purple aviator cap and goggles, slim and bearing a dour expression on his face. All who had hung around Cairo would recognize the Purple Flying Man from someplace or another, as well as all the extremely online and influencer-following of Los Fortuna.
“This show… They’ve done so much to capitalize on my uncle’s death. They’ve actively stopped the truth of whatever might have happened to him from being investigated with their frameup… And this conflict, I have lost two of my brothers to it all over again.”
He paused, then, and the two men seemed to trust him.
“You won’t be able to erase the show completely… It’s already had a limited run in this city. But masters, extra footage, content they were going to actually send out… There’s a storage space nearby… Most of the show’s data is backed up, of course, but that’s where everything is being saved. If your wish is to sabotage Being So Normal, to ruin its international release before it can cause any more harm to the outside world, that is where you go.”
“So you’ve had a change of heart yourself… I am thankful to hear that, Purple One…” Arthur snapped his fingers, then, as if remembering his name. “Right, now I remember! ‘Afton,’ wasn’t it?”
Purple’s face faulted. “Erm… N-no, eheh. It, uh… It wasn’t that. I haven’t been anything but ‘Purple’ for a very long time.”
“No matter what you’re called, an enemy of this show’s from within is just what we need to make this a little less of a pain in the ass!” Nix declared. “Lead the way!”
A Series of Backstage Halls Deep Within Sweet FA
Acrobatic and stealthy as he was, after leading the way in for those who had sought out this quest to begin with, Purple hurried along deeper inward, well aware that it was likely this place would not be unguarded, and meaning to scout ahead, maybe even fight a bit if he absolutely needed to.
He really, really did not want to, and so far, it wasn’t reassuring to him that nobody had interrupted them. No show staff, no Stand Users, not even some rent-a-cop had yet gotten into the way of this.
As he made his way to a security room, quietly bemoaning the fact that he would never live down infiltrating a security room with that damned nickname Bad Apples had given him, his worst fears were confirmed.
His friend, his confidante, Cairo Satori was sitting in a swivel chair, watching screens displaying the entire mall and idly leaning their head into a metal baseball bat.
“Purp…” They spoke up without even turning to face him. “Wasn’t expecting to see you again so soon! I mean, with everywhere you’ve blocked me, privated your accounts… I was under the impression you needed some time away from the show.”
Purple hopped down, then, walking closer towards the chair, clearing his throat and pondering his words clearly.
“The show needs time away from the show, Cairo… You know damn well why I brought myself back. Come on. You know this isn’t right… It doesn’t have to be this, and even just delaying could save-”
“Delay, huh?” They stood, twirling that bat they’d always carried around. It didn’t worry Purple. He’d never seen them actually using it. “C’mon… You know it’s not that simple, buddy. I’m just trying to make sure everyone has a good time… Already, I’m cutting toxic people out of the show! Even when they’ll make it harder to make anything going forward, Caroline is gone! I’ll keep that producer on a really short leash! I am doing everything in my power to make sure that this goes well… C’mon, can’t you look on the bright side?”
“You… You already know my answer to that. You’ve betrayed my trust, Cairo. The trust of my uncle, of everyone you’ve worked with… Of this whole city!” He shifted in place, then, becoming a much more avian humanoid figure with its pose. “I am its lavender courage, and I am your friend! And as both, I cannot abide by-”
Cairo swang their bat, and as they did, the arms of a Stand emerged from their own hand and struck it as well, multiple times in quick succession.
By the time the bat impacted Purple, it was with enough force for the deeply resilient eternally-young ghost to be sent hurtling towards a wall, literally impacting it hard enough to leave an impression in its form, embedded and unconscious in a single swing. He was alive, and would walk this off, but he wouldn’t be getting back up today.
“Sorry ‘bout that,” they said, standing with the bat over their shoulder, ‘Peach Pit’ manifesting more fully by their side (drawn by the artist Boy George, as usual), “but I can tell we don’t have time to chat… I’ll send you a gift basket from the launch party, yeah?”
Then, their attention turned towards the others on the security room screens, addressing their Stand in the meantime, “uh, hey, Peach…”
“I’m on it,” the Stand answered, “Arthur Lifeson and Nix Ripa… I’m excited for this, honestly.”
“And you don’t need to know that I am to, honestly…” Cairo moved to press the intercom button.
“I heard violence!” Nix called out, balling his fists. “Purple found someone!” He began to rush forward, then, Arthur preparing to make a blade, only to be stopped by the crackling of an intercom button.
“Hello again! Wow, it really isn’t all that often that Being So Normal has repeat appearances, but that’s, what, twice in this promotional cycle alone?” Cairo’s voice rang through, then, and they continued, “I figured we’d see some trouble here, so I gave most of staff the day off… I knew it’d be types like you two who showed up, and honestly, I gotta say, despite the circumstances, I’m a bit psyched!”
“Cairo Satori!” Arthur spoke up then, waving his hands. “Put this madness to a close, before I have to put you to my blade! You need not fall victim to this any longer… To fight us is a waste of time!”
“Well, I’ve got time to kill, and nobody to talk to, now that my friend’s taking a bit of a nap. And besides, you think I’m gonna just let you destroy everything we’ve been working to build up because you don’t like a couple of the crew members? C’mon, have a reality check here! No way I’m gonna allow that… Especially not right now! Look, why not come talk to me after I’ve completely closed this Netflix deal?”
There was silence, then, and then they spoke up again.
“Oh, who am I kidding? We both know that this is only gonna end one way! If you wanna stop me from sending this show out for the whole world to know and love, and not just be another little piece of Los Fortuna’s super storied, super amazing history, then STOP me! I’m already sending Peach your way, and there’s no way the two of us will just get walked all over!”
Arthur shut his eyes in frustration, but Nix shook his shoulder. “We knew from the start it’d come to this. C’mon… Any more talking this through will be a waste of all our breaths.”
“Yeah! This pre-battle stuff goes on way too long, I swear! So much to cut down in post without missing the meat of it… But enough talking shop, yeah? Let’s get to what we’re here for… You wanna say it with me? …no? Okay, suit yourself!”
“OPEN THE GAME!”
Location:
A hallway to several storage rooms in Sweet FA Mall. The area here is 40 by 80 meters with each tile being 2.5 by 2.5 meters. The white tiles are completely out of bounds for this match. The light magenta tiles are the main hallway, the purple tiles are side hallways, and the red tiles are the rooms. Each room has a number associated with it for convenience, as shown by the purple numbers. The ceiling is 8 meters tall. The doorways are denoted by the dotted lines between the rooms and hallways.
The players start at the left end of the hallway and Cairo starts in the security room (room 5) to the right of the bottom center. Cairo’s Stand starts in the middle of the main hallway.
The grey X marked circles are security cameras on the ceiling that connect to the monitors that are represented by the yellow notched rectangles in room 5. The light blue rectangles in the main hallway are 4 meter tall metal shelves that house stage set up equipment such as stepladders, light fixtures, microphones, extension cables, construction tools, and anything else needed to set up or tear down a stage. All shelves are bolted to the ground.
The yellow stars are disks, tapes, harddrives and other recordings of the footage shot by Cairo’s show.
The walls are drywall while the floor is ceramic tiled.
Now onto the different rooms:

• Room 1: Contains racks and cardboard bins of merchandise. The brown rectangles are cardboard bins of plushies and hats. The red circles are racks of clothing merchandise.
  
• Room 2: Contains a mountain of chairs and other furniture within a 5 meter tall metal storage fence as represented by the light blue rectangle and the junk inside it. Each side of the fence has a chain locked door.
  
• Room 3: Contains various cooking appliances and peripherals. The white rectangles are 4 meter tall metal storage shelves and the magenta rectangles are 5 meter tall metal storage containers. Basically any appliance that doesn’t fit on a shelf is put into one of the three containers.
  
• Room 4: Contains two long tables as represented by the grey L-shaped rectangles. On these tables are neatly laid out items that were used in Round 2 Match 4, this means Riot Shields, Fireworks Cannons, Magnetic Ray Guns, Grappling Hook Guns, smoke bombs, Tar filled paintball guns, mannequins, body armor, skateboards, net launchers, fire extinguishers, step ladders, marbles, bowling balls, trampolines, shovels, steel chairs, and blankets. Only the crystal ball is missing. The blue circle is a barrel of fencing foils and the yellow rectangle is a banged up motorcycle that while not completely totaled is in pretty bad shape.
  
• Room 5: The security room. It is rather bare, only housing the monitors set-ups to the security cameras and three swivel chairs to go with them.
  

Goal: RETIRE your opponents!
Additional Information:
As a reminder, White Tile areas are out-of-bounds for this match. If you willingly traverse through them you will be retired by a pair of mall cops.
Here is a shortened version of Cairo’s character sheet with all relevant information, the full sheet is linked below
Name: Cairo Satori
Age: 21
Gender: None, whose business is that anyways?
Species: Human
Occupation: Beloved Media Icon
Equipment: The newest smartphone, two sets of wireless earbuds for communicating directly with [Peach Pit] quietly, a bag of weed mints, and a baseball bat.
User Stats:
Strength: 3 (Too much effort to get properly strong- Cairo can throw as much effort into a hit as they need to in order to finish someone off after being brought to near-retirement by [Peach Pit], and that’s about the maximum they need.)
Agility: 2 (Never had to run after or from anything.)
Endurance: 2 (Not one to hold up under sustained pressure for very long, hoping to duck back from any conflicts except where absolutely necessary.)
Conduction: 2 (Able to personally carry their Stand’s damaging energy through them, and has a general knowledge of how to apply it.)
Vibing: 3 (It's for vibe checks- the necessity of finishing an opponent off personally, in a fast and hard strike. The full force of their strength, loaded into one moment rather than a series of fests. Also, they do have good vibes.)
Stand Name: [Peach Pit]
Stand Appearance: On the bulkier side of stand builds, Peach Pit has some resemblance to a knight in plate armor- big, dark metallic pauldrons, a chestplate, an assortment of straps and buckles, etc. The surface of the stand looks very much like a sunset with its colors flipped around. Its face is smooth except for a simple minimalist icon of the sun, and the rest of the head is mostly covered by a knight's helmet as well. A gradient of sorts goes from the head of the stand down to its armored feet, starting with an orange-red and ending in black with white specks like stars in the night sky.
About/Oddities: The stand is dangerous, outright. The manifestation of an incredible will for a very specific life gave it incredibly high offensive might, and although Cairo has depleted its very low ‘potential,’ nothing else has decreased in the slightest.
Additionally, [Peach Pit] is sentient, and thinks of itself as a close friend and bodyguard to Cairo. Despite being able to dish out high damage, it is very much a friendly, calm and collected individual, having respect even for those it has to fight. As such, [Peach Pit] leaves RETIRING opponents up to its user completely. An enemy can be beaten down, but will still be able to pull together and carry on albeit impeded until Cairo personally finishes them off. This isn't simply a choice- if instructed to keep pressure on an opponent who's down but not out, its strikes can indefinitely inflict serious pain and yet never be quite enough to injure a foe to the point where they're considered RETIRED.
Due to the bold weakness in this, for how combat inefficient and easily hurt its user is, Peach doesn't have full damage transference. Instead, it can be destroyed repeatedly- Cairo takes one instance of C power damage upon its destruction, and it can be resummoned from Cairo's position after ten seconds.
Peach's presenting identity has been influenced by Cairo's insistence against defining things that way, to the point of being comfortably seen subjectively as anything. Peach will respond to any pronouns without questioning it.
Stand Stats:
Power: A(The stand can exert a great amount of power in its attacks)
Speed: A (Its movements are very fast and its attacks can travel just as quickly)
Range: B (50 meters)
Durability: E (Subpar durability, however when destroyed the user takes C power damage and the stand can be summoned back to Cairo’s side after 10 seconds.)
Precision: C (Generally decent in its movements, but its projectile attacks only move in a straight line once fired and can only be stored within conductive materials. In non-conductive materials it would keep traveling)
Ability: Peach Pit lacks a complex ability, as far as one would expect. Rather than intricate effects, its hits themselves can simply be conducted through material similarly the way that electricity does, with distinct variation based on the conductivity of the material. Within conductive material, damage is stored up much like a battery - the moment someone touches the "battery", the damage transfers directly to it on the point of contact. This means that if Peach were to punch a metal rod and someone were to touch it, they would feel the full brunt of Peach's attack the moment they do so. A battery remains charged for up to fifteen seconds, and at any point if it hasn’t been touched and discharged already, Cairo can pick any direction from where the battery is in contact with non-conductive materials to activate the next type of attack.
Within non-conductive material, either deployed through battery or direct strike, damage "travels", moving forwards in a straight line at A speed in the same direction it came from. This wave of damage can be seen as it travels, with slight shimmers of light and a crackling sound emanating from where it's currently positioned.
Damage cannot travel further than B range from Cairo.

Team	Combatant	JoJolity
Black Hill Regalia	Arthur Lifeson and Nix Ripa	“The thing in Hayato's hand was definitely a handy cam. It doesn't seem to be in this room right now...” This show is a sweet-sounding idea, but it’s so corrupt to its core that you can’t allow it to spread any further than it has. Destroy as many physical backings of the recordings Cairo has made for their show as you can over the course of your strat!
Being So Normal	Cairo Satori	“I even took a video of the cat-like plant you've got in the attic!” This show… You know it’s been an unsavory road, one you wish you could have managed differently, but the good it can do, the way the world might finally begin to understand the ugly and wonderful truths of Stand Users and appreciate them more as a part of their lives… You will celebrate that. Take creative inspiration from actions that took place in matches related officially to ‘Being So Normal!’ That is to say, these 5 matches, R1M5,R1M23,R1M29,R2M4, and R3M8!

Link to the Official Player Spreadsheet
Link to Match Schedule
As always, if you would like to interact with the tournament community and be among the first to get updates for the tournament, please feel free to PM a member of our Judge staff for an invite to our Official Discord Server!

2/9/21 Update: Additional info posted here

Hi everyone.
Funko is a great stock that I believe will do well this year. Internet search traffic for Funko has been increasing and is at all-time highs over the last couple of months. The company is selling more of their toys directly to customers through their e-commerce shop (which allows them to capture higher retail revenues than wholesale revenues). And demand for collectibles and toys continues to be strong.
Here is a DD I wrote on the company below. I would love to get your thoughts.

Funko (FNKO)
Share Price (1/28/21) : $11.97
Share Price (09/16/19) : $27.86
Short Interest (1/26/21) : 14%
Next Earnings Release: March 2021
Funko Inc. is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. They have over 1,000 licenses across music, video games, film, TV, sports and many other pop culture properties. Some of their most popular licensed brands include Marvel, Disney, Star Wars, Pokemon, Fortnite, NBA, NFL, MLB, DC Comics, and a variety of anime properties.
Several points below support the belief that Funko’s revenue grew during the 2020 holiday season and could continue well into 2021:
· Increasing search traffic for Funko products
· Direct sales growth is driving increased revenue and profitability
· Parents are buying more gifts for their kids due to COVID
· People have more disposable income from staying at home and not going out
· Expansion of new products and licensees continuing through 2021
· Collectible investments like Funko POP! figures are exploding in value and popularity
· Recent analyst commentary, valuation, and financials are positive
FUNKO’S SEARCH TRAFFIC REACHES AN ALL-TIME HIGH IN Q4 2020
“Funko” google trends search traffic was up 20-30% in Q4 2020 (vs. Q4 2019)
Searches for “Funko” were up 2x in December vs the beginning of November 2020
After falling in December, “Funko” searches are trending back up to all-time-high levels
FUNKO’S DIRECT SALES INITIATIVES DRIVING HIGHER REVENUE & MARGIN
Funko Direct Sales (B2C) grew significantly in Q3 and likely to continue into Q4
· B2C business as a percentage of sales increased to 8% in Q3 2020 from 4% during the prior year.
· Funko’s e-commerce site grew over 150% vs. the prior year in Q3 2020
· The number of SKU’s on Funko’s e-commerce site rose tenfold since June 2020
“We went from only 200 of our own products [on our website] as late as June this year, to now well over 2,000 products available on our website.” – Funko CEO, Brian Mariotti
Funko’s first ever Selena Pop! sold out online in just 40 minutes.
Funko’s Q3 2020 Gross Profit % and Operating Margin % were near all-time-highs for the company
· Funko’s Q3 Gross Profit Percentage of 38.6% was its second highest ever (behind only Q1 2020)
· Funko’s Q3 Operating Profit Percentage of 10.8% was its second highest ever (behind only Q4 2018)
· As Funko continues to grow it’s B2C e-commerce sales in Q4 and beyond, it is possible that gross profit and operating profit percentages could rise as well
Retail customers were able to shift their Brick & Mortar inventory to their e-commerce channels to Funko unit sales
· Funko resellers who didn’t sell online were severely impacted by Brick & Mortar closures during COVID stay-at-home orders. As 2020 progressed, some of these retailers were able to create online stores (e.g.- Shopify, Amazon, eBay, etc.) through which they could sell their Funko inventory.
· Larger retailers that already had an omni-channel presence were able to shift their sales inventory from their Brick & Mortar stores to online fulfilment.
Funko has also created a mini-Pop! factory at its headquarters where customers can make their own custom Funko at a price of $25 each
· According to Funko, you can customize your Pop! using thousands of combinations. It’s “Think Build-A-Bear meets Funko Pop!” according to CEO Brian Mariotti.
· With a $25 price point, the margins are likely higher than the average Pop! figure that retails for between $10 to $15
PARENTS BUYING MORE GIFTS FOR THEIR KIDS DUE TO COVID
Parents likely splurged on their kids out of guilt of having shelter at home because of restrictions and to keep them occupied while they had to work at home.
· “Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing.” NRF President Matthew Shay
· “2020 was an unprecedented year for the U.S. toy industry. The growth we’ve seen in the toy industry speaks to the fact that parents are willing to put their children’s happiness above all else. The industry’s resiliency is very much underpinned by the reality that, in times of hardship, families look to toys to help keep their children engaged, active, and delighted. Put simply, toys are a big part of the happiness equation.” Juli Lennett - VP, U.S. Toys at NPD
Toy sales were strong in 2020 as US retail sales of toys was up 16% vs 2019; driven by pandemic spending
· According to NPD, “Much of the growth in 2020 was directly correlated to the COVID-19 pandemic and the changing consumer behavior associated with widespread lockdowns and school closures, the disposable income diverted from other types of entertainment to toys, as well as the onset of federal stimulus checks.”
Consumer spending on toys increased measurably due to lockdowns; with strong performance continuing through the holidays
· Per NPD, “While toy sales through mid-March 2020 were flat vs. 2019, widespread lockdown measures led to an abrupt increase in sales. This was further amplified by the distribution of stimulus checks beginning in April, resulting in the strongest month of growth for the year in May (+38%). Toy industry growth peaked again in October with an increase of 33% when the holiday season kicked off with Amazon Prime Day along with other retailer deals the same week.”
Key retail sources reporting significant sales growth during Q4 2020 suggest Funko sales performance was strong
· Target Q4 sales were fantastic showing signs of retail strength with a consumer that overlaps well with the Funko
> Overall comparable sales were up 17.2%
> Comparable digital sales were up over 100%
> Store-originated comparable sales were up 4.2%
> Store traffic was up 4.3%
> Average ticket size was up 12.3%
· GameStop Q4 sales were solid; showing additional potential for Funko sales
> Same store sales were up 4.8% in Q4 2020
> Online sales increased 309% in Q4 2020
· According to the NRF, 2020 Holiday Retail Sales were up 8.3% compared to the prior year despite the pandemic
> A surge in online shopping drove the increase (rising 32% vs. 2019)
> The increase of 8.3% was over double the average increase of 3.5% that the industry had seen over the last five years.
MORE DISPOSABLE INCOME TO SPEND AT HOME BY NOT GOING OUT
The National Retail Federation (NRF) says that strong retail performance has been driven by consumers with stimulus checks and extra savings from not going out or traveling
· “There was a massive boost to consumer wallets this season. Consumers were able to splurge on holiday gifts because of increased money in their bank accounts from the stimulus payments they received earlier in the year and the money they saved by not traveling, dining out, or attending entertainment events” – NRF Chief Economist Jack Kleinhenz.
Spending on “experiences” fell significantly in 2020
· The US Travel Association forecasts that spending on travel fell $500 billion in 2020 from $1.1 trillion in 2019
> The industry has lost about 40% of its direct travel jobs (about 3.5 million jobs) in 2020; driven by a reduction in business travel
> Foreign visitors to the US fell about 75% in 2020; driving a $119 billion reduction in travel spending
· Concert spending is down dramatically
> Live Nation reported a 98% decline in concert revenue in Q2 2020 and a 95% decline in concert revenue in Q3 2020
> About 5.2 million tickets were refunded in Q3 2020 and 23.3 million tickets had been refunded so far in 2020 (as of the end of Q3)
· Movie theater attendance is down substantially
> AMC theaters saw a 97% decline in attendance and a 91% decline in revenue in Q3 2020
> Cinemark saw a 96% decline in revenue
> Marcus Corporation (which also owns hotels and restaurants) saw a 84% decline in revenue
> Studio Movie Grill filed for bankruptcy
· Other anecdotal information points to more stay-at-home activity decreasing recreational spending
> Chuck E Cheese’s declared bankruptcy
> Dave & Busters is considering bankruptcy and plans layoffs of +1,000
> CiCi’s Pizza declares bankruptcy
> Starbucks saw fewer customers, reduced store hours, increased store closures, and a 5% decline in revenues in Q4 2020. This has led them to plan a shift to more “to-go” formats
> Many Las Vegas Hotels and Casinos have decided to close “part-time” during the week due to lower attendance and travel.
These include Encore, Rio, Linq, Planet Hollywood, Mandalay Bay, Park MGM, and Mirage
The majority of food buffets at the major hotels and casinos have been shuttered for the time being
Stimulus checks and other government programs to support consumer spending provide tailwinds for retail activity
· The US government authorized more than $10,000 per person in stimulus spending in 2020 over the course of five relief bills totaling $3.5 trillion
· More stimulus spending is expected; including a potential $1.9 trillion package that could include an additional $1,400 in stimulus checks
MORE SKUS / LICENSES ARE GROWING AND EXPECTED TO CONINUE STRONG
Active properties continue to rise and are expected to grow well into the future
· The number of active properties in Q3 2020 grew 15% over 2019
· Active properties grew from 644 in Q2 to 715 in Q3 2020
· The potential universe for Funko Pops! is limitless as new films, tv shows, musicians, anime characters, sports stars, and other media properties are created every year.
Some of the hot properties for this year and beyond
· Star Wars: Baby Yoda, Mandalorian, Rey, Valentine’s Day, etc.
· Marvel: WandaVision, Deadpool, Lucha Libre, Spiderman, Venom
· Anime: Dragon Ball Z, Naruto, Bakugan, My Hero Academia
· Films: Harry Potter, The Goonies, The Mummy, Fast & Furious
· TV: The Office, Umbrella Academy, The Queen’s Gambit, The Simpsons
· Sports: NFL, NBA, MLB, WWE
· Others: Disney, Pokemon, etc.
COLLECTIBLE INVESTMENTS ARE GROWING IN VALUE & POPULARITY
· Funko: The average Pops! Figure has a retail price from between $10 and $15 which allows most people an affordable entry point into collecting. Over time some Pops! Figures increase substantially in price; from $50 to $100 to even several thousand dollars. While some collectors buy Pops! as primarily an investment, many more buy them as a way to show their fandom. Whether they are avid Star Wars, Harry Potter, Pokemon, Sports, or Anime fans; collectors build large collections and show them off to friends.
· Sports Cards: To those paying attention, sports cards have been on a massive run with some cards worth more than your parent’s house and your sister’s car. Since the pandemic started, the demand for sports collectibles from basketball to football to soccer (and many others) has skyrocketed. Countless videos of box-breaks and pack openings have become the norm on social media. Some of these boxes are being purchased for tens of thousands with “hits” ranging from several hundred to hundreds of thousands.
· Collector’s Universe: This company that grades sports cards and other collectibles has tripled in value since June 2020. The number of sports collectors grading cards has exploded as demand rises. The popularity of grading sports cards is expected to maintain as prices continue to rise and the hobby becomes more mainstream.
ANALYST COMMENTARY AND FINANCIALS ARE A POSTIVE FOR THE STOCK
Piper Sandler: Upgraded Funko from “Neutral” to “Overweight” (raising their price target from $6 to $12).
· Analyst Erin Murphy sees evidence of “subsequent revenue pillars” with their recent launch of Snapsies at 800 Target stores; along with an expansion into board games and its digital efforts, which include a newly launched website in six European countries.
Valuation Comparison: Market Cap / Revenue (TTM)
· Funko: MC - $604 million / Rev - $640 million (0.9x sales)
· Mattel: MC - $6.27 billion / Rev - $4.43 billion (1.4x sales)
· Hasbro: MC - $13.13 billion / Rev - $5.17 billion (2.5x sales)
Key Financial Trends For Funko
· Q3 2020 EPS (Adjusted) = $0.31
> Third highest ever (only Q4 2018 & Q3 2019 were higher)
· Q3 2020 Revenue = $191 million
> Fourth highest ever (only Q4 2018, Q3 2019, and Q4 2019 were higher)
· Q3 2020 Revenue increase vs prior quarter of 94%
> Q1 and Q2 2020 saw significant declines due to COVID
> Q3 2020 only down 14% vs Q3 2019 despite Q2 2020 being down 49%
> Q3 2020 strength driven by Funko adapting quickly to online in the US market. (Q4 2020 revenue growth could be aided substantially by Funko’s development of their e-commerce shop in Europe.)
· Q3 2020 SG&A was reduced 20% vs. the prior year as Funko rationalizes costs and adjusts to focus more on D2C e-commerce
TL;DR
After a tough summer, Funko sales have rocketed back in Q3 to near where they were pre-pandemic; setting up a potentially historic earnings for Q4 2020. Google search activity suggests that Funko is as popular as ever and is set up well for a strong year in 2021. People are spending less on “going out;” instead buying things to use at home and presents for their kids. As time passes, Funko’s status as a popular collectible only continues to gain momentum.
Their direct sales initiative allows Funko to capture additional margin by sidestepping traditional brick and mortar retail to reach their customers. Investments in collectible products like Pops! and sports cards continue to increase in popularity and price. And the company continues to release even more products beyond Pops!; including games and apparel. While some Wall Street Analysts have already begun to take notice, a strong Q4 earnings announcement can drive even more attention to the stock.
Positions: Long Shares & Calls
Disclosure: I am long FNKO. This is not investment advice. I reserve the right to buy or sell FNKO without updating this thread. Do your own research and share (or not share) with the community in this thread. Thank you to the others on Reddit that shared this idea earlier.
Feedback: If you have any additional information, ideas, or critiques please make sure to comment. It is great to get the perspective of others when making an investment. Also that information can be incorporated into future posts and updates.

I think this list speaks for itself. Thank you for this year Nano community and see you in 2021 for even more fun! We are only getting started 🚀
​

• Introducing Nano P2PoW - Decentralized proof of work
• Stress testing of the main network with a new record of 235 CPS
• Nano Game made with Unreal Engine
• Announcing NanoDevList - Financial support for devs working on the Nano protocol and projects
• Anonymity research update
• The Nano Xmas Tree - it's back!
• NANO is now available for free in nearly every country in the world via WeNano App
• Nano added to CoinEmbed - A new payment processor service
• Gonano, a command-line tool written in Go for creating and managing Nano wallets
• WeNano SpotChat Update: 17 Nov, 2020
• Earn Nano from playing Just Cause 2 Multiplayer
• NanoGift for YouTube has been approved for Chrome, Brave, etc.
• Introducing Nanomart!
• Unreal Nano: A 3D transaction visualizer with VR and multiplayer support built with Unreal Engine
• [Released] Unreal Engine Nano Plugin v1
• An exchange has been released to trade Reddit Moons/Nano
• Introducing NanoGift for YouTube
• Nano based patent granted to RoboCash / FynCom!
• Disaster Nano Node - my backup survival principal representative for this uncertain world
• Bitcoin vs Nano - Solving the Double Spend Problem
• WeNano Community Update: 01 Oct, 2020
• September Nano Community Project Award: Srayman
• The Nano Foundation announces Deepa Mardolkar as Chair of the Advisory Board
• Introducing Nano Arcade — fusing Nano with Space Invaders
• Update from the Charity Project in Sierra Leone
• Athena V21.2 Release Now Available
• A proof of concept implementation of atomic swaps between Bitcoin and Nano has been released
• RoboCash app now pays you for every blocked call
• 2000+ Games and DLCs, from Steam, Playstation, Xbox, and all main platforms, now available at PlayNANO
• Nano demolished its previous beta stress test record today. 1465+ CPS
• DegenTrader.com allows you to get Nano currency with fiat in just a few clicks
• Introducing Nendly, the Notion-Friendly Forum
• August Nano Community Project Award: SonderDev
• Introducing MoonPay to WeNano
• Announcing WeNano Business for iOS and Android
• New onion faucet
• BrainBlocks Announces Sunset
• Nalli, the SMS supported wallet is now on the App Store
• New Nano record last night! 161 peak CPS on the mainnet
• Nano as the backbone of Financial Communications
• Nanowallet.io says bye
• Experimental ledger pruning - V22
• PlayNANO now allows users to top-up their mobile phones
• NanoKe - Play on NANO Blockchain
• Nano is now available on the Guarda Wallet Mobile App
• Article: The security of using Nano
• Optimizations bring back to 0.3 seconds per PoW
• The Nano Foundation has joined FITSPA Uganda to help amplify Nano as the go-to digital money solution for the people of Uganda
• July Nano Community Project Award: Nault
• Nault wallet redesign
• Development update: Increased work difficulty upgrade status
• RoboCash app in Google Play - Try the Nano-powered phone spam blocker today!
• Say hello to the new ultra-secure remote/offline signing feature in Nault!
• Introducing PhraseFile: A file-based 2FA method for Nano seeds
• NANO Founder Colin Lemahieu LIVE with Barely Sociable
• V21.1 Athena release now available
• NanoFusion - Project Update and Next Steps
• Announcing the winners of the $75,000 Nano Build-Off
• June Nano Community Project Award: Nano Tip Bot
• The re-birth of NanoVault: Nault
• Nano now available on GuardaWallet
• Interview with Colin LeMahieu - Hosted by Keyword: Crypto
• RoboCash Beta + NanoCenter Update
• Notes from Nano Foundation Dev AMA on Discord
• You can now buy NANO instantly or recurring using Buy Crypto on Binance.US
• Nano Repeat - Subscription Bot for Discord
• New version of CSGO - Nano tournament released
• NanoTicker upgraded for v21 with new features and improved data accuracy
• V21 Athena is live on the Nano network!
• Competition to come up with the best marketing ideas to increase Nano adoption
• Community-made marketing video: 10 reasons to use NANO instead of the Dollar
• The Nano Faucet Distribution: Visualized and Analyzed
• V21 Athena RC1 Released
• Nalli, the new mobile wallet with SMS support is now available for iOS in TestFlight
• NanoAuth - Authentication service (Build-off submission)
• NanoWire - Sell/Buy unused bandwidth (Build-off submission)
• Nano Profile - IPFS hosted profile picture network for Nano (Build-off submission)
• NANO Connect Messenger - Message app with Nano transactions (Build-off submission)
• Nanoom - Service for pulling Nano payments (Build-off submission)
• Bloesem - App with nano rewards to stay focused (Build-off submission)
• Nanowall.link - Content monetizer (Build-off submission)
• Nalli - Mobile wallet with sms support (Build-off submission)
• Upstart - Digital content hosting and sale platform (Build-off submission)
• Natricon Update - Natricons are changeable now
• Introducing TIX Wallet - Simple web wallet
• Nano on Tap - Docker backend (Build-off submission)
• Natricon - Icon identifier for accounts (Build-off submission)
• Nano-it-all Live Trivia Competition (Build-off submission)
• NanoSpider - Block explorer (Build-off submission)
• NANO Espresso NFC - Coffee machine acceping NANO payments (Build-off submission)
• FlappyNano - Flappy Bird against friends (Build-off submission)
• Linuxserver.io Nano Stack (Build-off submission)
• Sendr.space - Social media platform using Nano (Build-off submission)
• InstantCash - Point of sale for Android (Build-off submission)
• May NCPA Community Award Winner: Natrium
• NanoBlog - Decentralized blogging using IPFS (Build-off submission)
• NanoRequest - Payment link generator (Build-off submission)
• CoinChores - Teach your kids about Nano (Build-off submission)
• Polyrun - Workout rewards (Build-off submission)
• KojoSlayer - Battle RPG (Build-off submission)
• Rock Paper Scissors Online (Build-off submission)
• Nanotify - API and web callback platform (Build-off submission)
• Nano Connect - Free distributed RPC proxy (Build-off submission)
• Buy NANO with USD in Trust Wallet
• PlayNANO - Games (Build-off submission)
• Vola Wallet - iOS (Build-off submission)
• NanoRPCProxy - Now with a secure websocket layer, including free public subscriptions for block confirmations
• BlockHunters - Augmented Reality Game (Build-off submission)
• Nano Repeat - Subscription Management for Vendors (Build-off submission)
• Alexa Nano Bot is now live on the Alexa skill store (Build-off submission)
• 'How to use crypto' article (featuring Nano, because it's so easy)
• Nano now accepted at TravelbyBit after merging with Travala
• Nanolytics - Network stats (Build-off submission)
• NanoGift - Browser extension for site donations (Build-off submission)
• nPass - Web content payments (Build-off submission)
• FakeFork - Nano dashboard for tabletop gamers (Build-off submission)
• Play with Nano - (Nano Build-off submission)
• TheNanoBot (Build-off submission)
• Nano RPC Proxy - A fully customizable and secure backend for node calls (Nano Build-Off Project)
• NanoFusion (Nano Build-Off Project)
• NanoPaint (Nano Build-Off Project)
• Natrium v2.2 Released on iOS and Android
• Nanoce.net - Nano powered gaming tournaments
• Millions of Brave browser users can now seamlessly purchase, deposit, and convert NANO
• Happy Birthday Nano! Nano turns six today
• New Nano Center Bounty: Unity3D Plugin
• RoboCash alpha APK - stop spam calls with Nano
• myNanoEmbedded - Lightweight C library for IoT
• April NCPA Community Award Winner: Json
• Nano ecosystem april 2020
• Alexa Nano bot
• WeNano light for Android is out
• NanoPvP is Back better than ever!
• Nano Charts V1.13 - More Accurate Pie Chart Data, Binance True Holdings and Help Boxes
• Nodes CLI obersever: new CLI tool in php4nano repository
• Nano Foundation - CryptoFriendly AMA Recap
• Nano available on the new Binance Widget
• Great beta results for v21
• A new faucet has launched - TetraLoom
• Privacy research project update - Funded
• Nano RUM dispenser
• Announcing the Nano Build-Off - A $75,000 competition to incentivize nano developers
• March NCPA Community Award Winner: MyNano.ninja
• Nanocurrency on Reddit reaches 50,000 members
• Nano Foundation AmA with Atomic Wallet - Summary
• Counter Strike: Go Nano
• Announcing Earn-Nano.com - Collection of places to earn Nano
• Nanoquake JS Season 2
• LuckyNano 2.0 Released
• DeMixor, music vocal remover, integrates Nano
• Announcing EarnAcademy.cc — Earn money by learning and answering questions
• Bidali enables gift cards and phone top-ups with Nano
• Announcing the Nano Community Project Award
• Raesonic browser-based racing game with Nano microtransactions
• Announcing WeNano for iOS
• Binance rolls out credit card purchases of Nano, one of 12 coins supported
• Nano is now in the list of cryptocurrencies on Wikipedia
• Nix/NixOS integration
• NanoGhana Meetup
• Nano work cache available (golang)
• A Simple Nano Block Lattice Explorer on Tor
• Nano is now available on Simplex platform!
• Binance adds BUSD trading pair for Nano!
• Nano on Wikipedia!
• V21 Athena - Feature Review
• Release: New Nano wallet sweep tool
• NANORoll - Multiplayer Roulette Casino Game
• A New site that lists NANO merchants (among other crypto) - Weacceptcryptocurrency.com
• You can now update your representative in Exodus Wallet
• NOWPayments is supporting Nano now!
• Nanowallets.guide - A brand new feature guide to all Nano wallets
• Magnum wallet is now open beta on iOS
• RoboCash NanoCenter project, funding complete!
• Visualizing Nano Beta Network at 750 CPS - 20k tx in 28sec
• Results of recent Nano Display Ads Marketing project
• The Nano Center for Community Funding: NanoGhana Meet-up - Funded!
• NanoArcade - New Game Released
• Nano-PvP - Player vs Player Coinflip Matches
• NanoArcade Released
• New Swap Service: Godex Lists Nano!
• Guide: How to securely transact using an offline device + Ledger recovery methods
• An Introduction to the Manta Protocol presented by Appia
• Nano Batcoif Ad
• Development Update: Research for a new PoW algorithm
• Canoe End of Road
• The New Nano Africa Website Released
• Proposal for Nano Node Network Optimizations
• Presenting KeyTools - A brand new set of secure high-performance Nano web tools

​
u/iB0mmel

Hi, I am selling new & lightly swatched or used items from a non-smoking home. If you want more pictures of specific items, let me know. Everything is full sized unless marked as ds.
Feel free to make reasonable offers especially for multiple items. $5.00 minimum purchase preferably. Shipping is $4.00 unless they are heavier items. I accept PayPal G&S (I cover fees). I will send tracking info as soon as I have it and will ship packages within 2-3 days.
If you would like some reviews from people I have sold to on previous posts, let me know.
If you change your mind, please let me know. I will move to next person in line after 2 hours. If you need more time than that, just let me know and we can work something out. Thank you for looking 😃
FOR SALE!!
EYESHADOW PALETTES: Verification
• Tarte Aspyn Ovard palette (Used a few times/endless summer has been repressed)- Limited edition, Asking $35
• Urban Decay Naked 2 palette (Only used 1x)-Retails for $54, Asking $20
• Dominique Cosmetics Berries & Cream palette (Used 5-6x)- Retails for $44, Asking $13
• (SOLD) Huda Beauty Desert Dusk palette (Only used 1x)- Retails for $65, Asking $21
• Too Faced Natural Love palette (Used 2-3x)- Retails for $59, Asking $18
• Kylie Cosmetics bronze palette (Only swatched)- Retails for $29.40, Asking $6
• (SOLD) Nars Atomic Blonde eye and cheek palette (Used/the 2 left shades are pressed togetheprice will reflect condition)- Retails for $59, Asking $15
• (SOLD) Nabla Cutie palette (Nude) (Used 2-3x)- Retails for $24, Asking $10
• Dose of Colors Marvelous Mauves palette (Only swatched)- Retails for $32, Asking $10
• Elf x Jkissa palette (first one) (All shades only swatched except bottom left blue shade is used 1x)- Cant find retail price because it’s limited edition, Asking $8
• Colourpop Give it to Me Straight palette (Some shades never used/some used 1x)- Retails for $18, Asking $7
• Colourpop Fem Rosa palette (Used 4-5x)- Retails for $16, Asking $7
• BH Cosmetics Weekend Festival palette (Used 2x)- Retails for $18, Asking $7
• BH Cosmetics Take Me Back to Brazil palette (Used 2x/some shades never used)- Retails for $20, Asking $8
• Milani Bold Obsessions eyeshadow palette (Used 1-2x)- Retails for $10.99, Asking $4
• Alamar Reina Del Caribe 1 palette (Used 5-6x)- I can’t find retail price because it’s limited edition, Asking $4
FACE PALETTES: Verification
• Benefit cheekleaders bronze (some shades only swatched/some used 1x)- Retails for $60, Asking $23
• Kevyn Aucoin contour book volume 3 (Used 2-3x)- Retails for $59, Asking $22
• Tom Ford Shade & Illuminate with box in shade 1 and Tom Ford bag the compact comes in (cream bronzer and highlighter) (Only swatched lightly)- Retails for $88, Asking $37
• Nars Exposed palette (Some shades only used 1x/some used 3-4x)- Retails for $59, Asking $22
• RMS Signature Set palette (Pop collection)(Comes with Buriti bronzer, Magic luminizer, Demure lip2cheek, Beloved lip2cheek, & Simply vanilla lip and skin balm) (Used 1x)- Retails for $44, Asking $14
• Jouer bronzer duo in Sunlight/Suntan (Used 1-2x)- Retails for $32, Asking $13
• Juvia’s The Saharan blush palette (2)- Retails for $18, Asking $7
HIGHLIGHTERS- Verification
• (SOLD) Benefit Tickle highlighter (swatched only)- Retails for $30, Asking $13
• (SOLD) YSL Lumiere Divine highlighting finishing powder- Retails for $47, Asking $12
• Perricone No Makeup highlighter (Used 5-6x)- Retails for $35, Asking $10
• Charlotte Tilbury highlighter wand in Spotlight (Used 3-4x/took sponge off of applicator because I thought it dispensed better)- Retails for $38, Asking $13
• Urban Decay highlighter in Sin (Used 4-5x)- Retails for $26, Asking $5
• Kaja Mochi Glow in Prizm (Used 1-2x)- Retails for $19, Asking $3
• Kaja Mochi Glow in Toy Alien (ds) (Used 1x)- Asking $2
• Ofra Pillowtalk highlighter (ds)(Only used 1x)- Retails for $18, Asking $4
• (SOLD) Becca Shimmering Skin Perfecter Slimlight in Pearl (Used 1x)- Asking $3
• Maybelline Master Strobing Stick in Medium (Swatched only)- Retails for $9.99, Asking $2
• Ulta Beauty Illuminator in Brilliant Diamond (Swatched only)- Retails for $10, Asking $2
• Wet n Wild rainbow highlighter in bronze over the rainbow- new still sealed- Asking $1
BLUSH: Verification
• Nudestix Nudies matte blush stick in Bareback (Used 3-4x)- Retails for $32, Asking $13
• Ilia multistick in A Fine Romance (Used 2-3x)- Retails for $34. Asking $13
• Stila convertible color cream blush in Peony (Swatched only)- Retails for $25, Asking $8
• Tarte Amazonian Clay blush in Paaarty (ds .05 oz)(Swatched only)- Asking $2
• Ulta mineral blush in Sweet Pea (Swatched only)- Retails for $12, Asking $2
• Stila aqua glow watercolor blush in shimmering lotus (Swatched only)- Retails for $3
• Milani baked blush in Delizioso Pink (Swatched only)- Retails for $9.49, Asking $2
• Milani baked blush in Bella Rosa (Swatched only)- Retails for $ 9.49, Asking for $2
• Elf blush in Shy (Used 2-3x)- Asking $.50
BRONZER\CONTOUR: Verification
• Milk Makeup bronzer stick in Baked (Used 1-2x)- Retails for $28, Asking $13
• Kylie Cosmetics bronzer in Khaki (Swatched only)-Retails for $18, Asking $6
• Bare Minerals Endless Summer bronzer in Faux Tan (Used 2x)- Retails for $29, Asking $11
• Benefit Hoola (ds) (Used 2x)- Asking $2
• NYX Micro Contour duo pencil in Light (Swatched only)- Asking $2
• Milani baked bronzer in 04 Glow (Swatched only)- Retails for $8.99, Asking $1
POWDERS: Verification
• (SOLD) KKW brightening powder in 1 (Vanilla) (Used a few times)- Retails for $18, Asking $9
• Laura Gellar Baked Balance N Brighten powder foundation in Porcelain (Used 10x)- Retails for $34, Asking $6
• JCat Aquasurance powder foundation in Ivory (Used 3-4x)- Retails for $13.99, Asking $3
• Urban Decay Velvetizer mix in medium (ds .14 oz)- (Can use as regular powder) (Used 1x)- Retails for $17, Asking $3
• Ilia Fade Into You soft focus finishing powder (ds .05 oz) (Used 1x)- Asking $2
• (SOLD) Rimmel Stay Matte pressed powder in Creamy Natural (Used 6x)- Retails for $4.69, Asking $1
FOUNDATIONS: Verification
• (SOLD) Fenty Pro Filt’r Matte longwear foundation in 120 (only used once)- Retails for $35, Asking $12
• Smashbox Studio Skin 15 hour wear foundation in .2 (Used 3-4x, bottle is about 7/8 full)- Retails for $38, Asking $12
• Laura Mercier Flawless Fusion Ultra-Longwear foundation in 1C1 Shell (Used a few times, bottle is almost full)- Retails for $48, Asking $13
• (SOLD) Laura Mercier tinted moisturizer in Porcelain (Used 2-3x, almost full)- Retails for $46, Asking $13
• Too Faced born this way foundation in sand (new in box, got sent wrong shade)- Asking $16
• RMS Uncover Up foundation/concealer pot in 000 (Used 5-6x, a little over 3/4 full)- Retails for $36, Asking $12
• (SOLD) Estée Lauder Double Wear foundation in 1C0 Shell (Used 2-3x)- Retails for $43, Asking $13
• Makeup Forever Ultra HD foundation stick in Y225 (About 40-45% remaining)- Retails for $43, Asking $7
• Makeup Forever Ultra HD foundation stick in Y225 (About 20% remaining)- Retails for $43, Asking $4
• It Cosmetics Bye Bye Redness Neutralizing Correcting cream (About half full)- Retails for $34, Asking $6
CONCEALERS- Verification
• Dose of Colors Meet Your Hue concealer in 01 (used a few times)- Retails for $24, Asking $8
• It Cosmetics Bye Bye Undereye full coverage concealer in Light (used a few times)- Retails for $27, Asking $8
PRIMERS- Verification
• First Aid Beauty Hello Fab coconut skin smoothie priming moisturizer- Retails for $29, Asking $11
• First Aid Beauty Hello Fab Pores Be Gone matte primer- Retails for $29, Asking $11
• Milk Makeup Hydrogrip gripping primer (ds) (used 1x, mostly full)- Retails for $15, Asking $5
• Laura Mercier radiance primer (ds .5 oz) (Used 1x, mostly full)- Asking $2
• (SOLD) Becca First Light priming filter (ds .5 oz) (Used 1-2x)- Asking $2
• Maybelline Master blur stick primer in universal transparent (Used 1-2x)- Retails for $7.99, Asking $1
EYES/BROWS/LASHES: Verification
• Pat McGrath Dark Matter pigment- Part of the dark star labs set which was $95, Asking $13
• Melt Cosmetics single eyeshadow in Rubbish (Swatched only)- Retails for $17, Asking $8
• Glossier Boy Brow in Blonde (Used 1x)- Retails for $16, Asking $7
• Nudestix Magnetic Luminous eye color stick in Copper Foil (swatched only)- Retails for $26, Asking $7
• Nudestix Magnetic eye color stick in Twilight (swatched only)- Retails for $26, Asking $7
• Nudestix Magnetic eye color in Lilith (used 1x lightly)- Retails for $26, Asking $7
• Nudestix Magnetic matte eye color stick in Putty (swatched only)- Retails for $26, Asking $7
• Nudestix Magnetic matte eye color stick in Taupe (used 1x lightly)- Retails for $26, Asking $7
• Tarte Chrome Paint shadow pot in Top Yacht (swatched only)- Retails for $22, Asking $7
• Nars Velvet Shadow Stick in Hollywoodland (used 2x)- Retails for $20, Asking $5
• Stila Glitter & Glow in Sunset Fire (ds) (new never used)- Came in set, Asking $3
• Stila Magnificent Metals foil finish eyeshadow in Metallic Gilded Gold (swatched lightly)(comes with box and mixing medium)- Can’t find retail because it’s discontinued, Asking $4
• Colourpop Zodiac loose pigment in The Crab (used 1-2x)- Retails for $6, Asking $2
• Colourpop single eyeshadow in Checkmate (comes in compact) (swatched only)- Retails for $4.50, Asking $2
• Colourpop SSS in Bandit (used 2x)- Retails for $6, Asking $1.00
• Colourpop SSS in Cornelious (Broken/price will reflect condition)- Retails for $6, Asking $.50
• Colourpop SSS in Brady (Broken/price will reflect condition)- Retails for $6, Asking $.50
• Colourpop pencil eyeliner in Mr. Bing (new)- Retails for $6, Asking $1.00
• Colourpop pencil eyeliner in Besto (used 5-6x)- Retails for $6, Asking $.50
• CoverGirl x Katy Perry Katy Kat Wink lashes in Kat Whiskers (New in box)- Asking $1.50
• Revlon brow mousse in Soft Brown (new)- Retails for $10.99, Asking $.75
• Revlon brow mousse in blonde (used 1x)- Retails for $10.99, Asking $.50
• Revlon Colorstay Bold creme eyeshadow in Cognac (swatched)- Retails for $8.49, Asking $.75
• Revlon Colorstay Bold creme eyeshadow in Merlot (swatched)- Retails for $8.49, Asking $.75
Lips: Verification
•Glossier generation g in jam- (older version) Never used, swatched 1x lightly on back of hand- Retails for $18, Asking $8
• Kylie Cosmetics lip kit in Koko K (no box) (new)- Retails for $27, Asking $10
• Nars Tonka lipstick (new with box but I just got it in the mail recently and it was broken on the bottom so it can fall out of tube and also the top is a little smashed so price will reflect condition)- Retails for $26, Asking $5
• Mac Lustre lipstick on See Sheer (More of a lip tint) (swatched 1x lightly on back of hand)- Retails for $19, Asking $7
• Mac cremesheen lipstick in Creme D’ Nude- never used, swatched 1x lightly on back of hand- Retails for $19, Asking $7
•Mac amplified lipstick in Saint Germain- never used, swatched 1x lightly on back of hand- Retails for $19, Asking $7
• Urban Decay cream lipstick in Wired- Retails for $22, Asking $7
• Rodin luxury lipstick in Dahlia- never used, lightly swatched once on back of hand- Retails for $38, Asking $9
• Nars Velvet Matte lip pencil in Do Me Baby (ds .06 oz)- Asking $3
• Ofra liquid lipstick in Nude Potion (new)- Retails for $20, Asking $5
• Ofra liquid lipstick in Verona (new)- Retails for $20, Asking $5 • • Kat Von D liquid lipstick in Crucifx (used 2-3x)- Retails for $21, Asking $3
• Kat Von D liquid lipstick in Hawkwind (new)- Retails for $21, Asking $4
• Dose of Colors liquid lipstick in Flirty (new)- Retails for $18, Asking $4
• Jeffrey Star liquid lipstick in Christmas Cookie (ds) Asking $3
• Colourpop lippie stix in Little Tings (swatched)- Retails for $7, Asking $2
• Maybelline shine lipstick in Baddest Beige (swatched)- Retails for $7.99, Asking $1.50
• Bite matte cream lip crayon in Glacé (ds) (swatched)- Asking $1
• Ella & Mila glossy liquid lipstick (New in box)- Retails for $14, Asking $1
•Loreal lipstick in Doutzen’s nude- Used 1x lightly, sanitized- Retails for $8.95, Asking $.50
•Covergirl x Katy Perry Katy kat matte lipstick in cosmo kitty- Used 1x lightly, sanitized- Asking $ $.50
• Nyx matte lipstick in pale pink (Used 2 times)- Retails for $6, Asking .50
NAIL POLISH: Verification
• (SOLD) KL Polish in Wishbone- Retails for $8.50, Asking $5
• (SOLD) KL Polish in Casino Night- Asking $5
• (SOLD) KL Polish in Winter is Coming- Asking $5

Hi, I am selling new & lightly swatched or used items from a non-smoking home. If you want more pictures of specific items, let me know. Everything is full sized unless marked as ds.
Feel free to make reasonable offers especially for multiple items. $5.00 minimum purchase preferably. Shipping is $4.00 unless they are heavier items. I accept G&S (I cover fees). I will send tracking info as soon as I have it and will ship packages within 2-3 days.
If you would like some reviews from people I have sold to on previous posts, let me know.
If you change your mind, please let me know. I will move to next person in line after 2 hours. If you need more time than that, just let me know and we can work something out. Thank you for looking 😃
FOR SALE!!
(I have everything that has sold marked)
EYESHADOW PALETTES: Verification
• (SOLD)Charlotte Tilbury Exaggereyes palette (Only used 1 time/barely used)- Retails for $53, Asking $30
• (SOLD)Urban Decay Born to Run palette (Used 2-3x)- Retails for $49, Asking $15
• Urban Decay Naked 2 palette (Only used 1x)-Retails for $54, Asking $24
• Dominique Cosmetics Berries & Cream palette (Used 5-6x)- Retails for $44, Asking $15
• Huda Beauty Desert Dusk palette (Only used 1x)- Retails for $65, Asking $22
• (SOLD) Too Faced Natural Lust palette (Only swatches)- Retails for $59, Asking $22
• Too Faced Natural Love palette (Used 2-3x)- Retails for $59, Asking $20
• Kylie Cosmetics bronze palette (Only swatched)- Retails for $29.40, Asking $7
• Nars Atomic Blonde eye and cheek palette (Used/the 2 left shades are pressed togetheprice will reflect condition)- Retails for $59, Asking $18
• Nabla Cutie palette (Nude) (Used 2-3x)- Retails for $24, Asking $12
• Dose of Colors Marvelous Mauves palette (Only swatched)- Retails for $32, Asking $12
• (SOLD) Too Faced White Peach palette (Only used 1x)- Retails for $40.50, Asking $14
• Morphe 35I (pastel collaboration with pony park) (Swatched only some shades, some shades never used)- Retails for $25, Asking $12
• Elf x Jkissa palette (first one) (All shades only swatched except bottom left blue shade is used 1x)- Cant find retail price because it’s limited edition, Asking $10
• Colourpop Give it to Me Straight palette (Some shades never used/some used 1x)- Retails for $18, Asking $8
• Colourpop Fem Rosa palette (Used 4-5x)- Retails for $16, Asking $8
• (SOLD) Colourpop Mint to Be palette (Most shades are new/couple have been swatched only)- Retails for $12, Asking $6
• BH Cosmetics Weekend Festival palette (Used 2x)- Retails for $18, Asking $8
• BH Cosmetics Take Me Back to Brazil palette (Used 2x/some shades never used)- Retails for $20, Asking $9
• Milani Bold Obsessions eyeshadow palette (Used 1-2x)- Retails for $10.99, Asking $5
• Alamar Reina Del Caribe 1 palette (Used 5-6x)- I can’t find retail price because it’s limited edition, Asking $5
FACE PALETTES: Verification
• Tom Ford Shade & Illuminate with box and Tom Ford bag the compact comes in (cream bronzer and highlighter) (Only swatched lightly)- Retails for $88, Asking $40
• (SOLD) Dior Backstage Glow face palette in 001 Universal- (Swatched only)- Retails for $45, Asking $24
• (SOLD) Charlotte Tilbury Filmstar Bronze and glow (Used 12-15x)- Retails for $68, Asking $24
• (SOLD) Natasha Denona Bloom blush and glow palette (Swatched only)- Retails for $55, Asking $25
• Nars Exposed palette (Some shades only used 1x/some used 3-4x)- Retails for $59, Asking $25
• RMS Signature Set palette (Pop collection)(Comes with Buriti bronzer, Magic luminizer, Demure lip2cheek, Beloved lip2cheek, & Simply vanilla lip and skin balm) (Used 1x)- Retails for $44, Asking $15
• Jouer bronzer duo in Sunlight/Suntan (Used 1-2x)- Retails for $32, Asking $14
• Jouer blush bouquet duo in Coquette (Used 3-4x)- Retails for $32, Asking $14
• Juvia’s The Saharan blush palette (2)- Retails for $18, Asking $8
• Too Faced Cocoa Contour palette (older one) (Bottom right shade never used/contour shades used 2-3x/top left shade used 5-6x)- Retails for $42, Asking $10
• Anastasia Beverly Hills cream contour kit in fair- (Used 4-5x)- Retails for $40, Asking $5
HIGHLIGHTERS: https://imgur.com/a/OXe5NUS
• (SOLD) Mac x Pony Park Extra Dimension Skinfinish in Sky’s The Limit (Used 2x lightly)- Limited edition $35
• (SOLD) Glossier Haloscope highlighter in Quartz (Used 2x)- Retails for $22, Asking $9
• (SOLD) Glossier Haloscope in Moonstone (Used 3x)- Retails for $22, Asking $9
• Fenty Killawatt highlighter duo in Lightning Dust/Fire Crystal (Used 5-6x)- Retails for $36, Asking $16
• Fenty Killawatt Freestyle highlighter in Wattabrat (Only swatched)- Retails for $36, Asking $16
• YSL Lumiere Divine highlighting finishing powder- Retails for $47, Asking $14
• Perricone No Makeup highlighter (Used 5-6x)- Retails for $35, Asking $14
• Charlotte Tilbury highlighter wand in Spotlight (Used 3-4x/took sponge off of applicator because I thought it dispensed better)- Retails for $38, Asking $14
• Urban Decay highlighter in Sin (Used 4-5x)- Retails for $26, Asking $6
• Kaja Roller Glow highlighter with clean roller in packaging (Used 1x lightly)- Retails for $28, Asking $8
• Kaja Mochi Glow in Prizm (Used 1-2x)- Retails for $19, Asking $4
• Kaja Mochi Glow in Toy Alien (ds) (Used 1x)- Asking $2
• Ofra Pillowtalk highlighter (ds)(Only used 1x)- Retails for $18, Asking $5
• Hourglass Vanish highlighter in Champagne Flash (ds .05 oz) (Only swatched)- Asking $2
• Nudestix Illuminaughty highlighter stick (ds .06 oz) (Only swatched)- Asking $2
• Nudestix Skin Glossing Pencil (Only swatched)- Retails for $26, Asking $5
• Becca Shimmering Skin Perfecter Slimlight in Pearl (Used 1x)- Asking $3
• Laura Gellar Baled Gelato Swirl Illuminator in Diamond Dust (ds)(Used 1-2x)- Asking $3
• (SOLD) Pixi Glowy Gossamer duo in Delicate Dew (Used 1x)- Retails for $15, Asking $3
• Make face gloss (New)- Retails for $25, Asking $5
• Maybelline Master Strobing Stick in Medium (Swatched only)- Retails for $9.99, Asking $2
• Ulta Beauty Illuminator in Brilliant Diamond (Swatched only)- Retails for $10, Asking $2
• (SOLD) Benefit Dandelion Shy Beam (ds .08 oz)(New)- Asking $1
BLUSH: Verification
• (SOLD) Glossier Cloud Paint in Dusk (Used 1-2x)- Retails for $18, Asking $9
• (SOLD) Glossier Cloud Paint in Beam (Used 1-2x)- Retails for $18, Asking $9
• (SOLD) Buxom Wanderlust primer infused blush in Mykonos (Used 3x)- Retails for $23, Asking $10
• Nudestix Nudies matte blush stick in Bareback (Used 3-4x)- Retails for $32, Asking $15
• Ilia multistick in A Fine Romance (Used 2-3x)- Retails for $34. Asking $15
• Stila convertible color cream blush in Peony (Swatched only)- Retails for $25, Asking $9
• Tarte Amazonian Clay blush in Paaarty (ds .05 oz)(Swatched only)- Asking $3
• Benefit Dandelion Dew (ds .16 oz)(New)- Asking $2
• Ulta mineral blush in Sweet Pea (Swatched only)- Retails for $12, Asking $3
• Stila aqua glow watercolor blush in shimmering lotus (Swatched only)- Retails for $4
• Milani baked blush in Delizioso Pink (Swatched only)- Retails for $9.49, Asking $2
• Milani baked blush in Bella Rosa (Swatched only)- Retails for $ 9.49, Asking for $2
• Elf blush in Shy (Used 2-3x)- Asking $.50
BRONZER\CONTOUR: Verification
• (SOLD) Cover Fx Monochromatic bronzer duo in Sunkissed- Retails for $38, Asking $15
• Milk Makeup bronzer stick in Baked (Used 1-2x)- Retails for $28, Asking $14
• Kylie Cosmetics bronzer in Khaki (Swatched only)-Retails for $18, Asking $7
• Bare Minerals Endless Summer bronzer in Faux Tan (Used 2x)- Retails for $29, Asking $13
• Fenty bronzer in Shady Biz (ds) (Swatched only)-Asking $4
• Benefit Hoola (ds) (Used 2x)- Asking $2
• Make dew pot in Bronze 2 (Used 4x)- Retails for $20, Asking $3
• NYX Micro Contour duo pencil in Light (Swatched only)- Asking $2
• Milani baked bronzer in 04 Glow (Swatched only)- Retails for $8.99, Asking $1
POWDERS: Verification
• Fenty Invisimatte blotting powder (Used 1x)- Retails for $32, Asking $14
• KKW brightening powder in 1 (Vanilla) (Used a few times)- Retails for $18, Asking $10
• (SOLD) Jaclyn Hill Cosmetics Mood Light luminous powder in Dew Me- (Swatched only)- Retails for $32, Asking $15
• Laura Gellar Baked Balance N Brighten powder foundation in Porcelain (Used 10x)- Retails for $34, Asking $7
• JCat Aquasurance powder foundation in Ivory (Used 3-4x)- Retails for $13.99, Asking $4
• Urban Decay Velvetizer mix in medium (ds .14 oz)- (Can use as regular powder) (Used 1x)- Retails for $17, Asking $4
• Ilia Fade Into You soft focus finishing powder (ds .05 oz) (Used 1x)- Asking $3
• Ilia Fade Into You soft focus finishing powder (ds .05 oz)- (Used 1x)- Asking $2
• Rimmel Stay Matte pressed powder in Creamy Natural (Used 6x)- Retails for $4.69, Asking $1
• Milani Prep, Set, Glow illuminating transparent pressed powder (Hourglass finishing powder dupe) (Used condition)- Retails for $9.99, Asking $1
FOUNDATIONS: Verification
• Fenty Pro Filt’r Matte longwear foundation in 120 (only used once)- Retails for $35, Asking $15
• Smashbox Studio Skin 15 hour wear foundation in .2 (Used 3-4x, bottle is about 7/8 full)- Retails for $38, Asking $13
• Laura Mercier Flawless Fusion Ultra-Longwear foundation in 1C1 Shell (Used a few times, bottle is almost full)- Retails for $48, Asking $15
• Laura Mercier tinted moisturizer in Porcelain (Used 2-3x, almost full)- Retails for $46, Asking $15
• Laura Mercier tinted moisturizer in Nude (ds .5 oz) (Used 1x)- Asking $2
• RMS Uncover Up foundation/concealer pot in 000 (Used 5-6x, a little over 3/4 full)- Retails for $36, Asking $14
• It Cosmetics YSBB full coverage CC Cream in Fair (a little over half full)- Retails for $39.50, Asking $9
• (SOLD) Estée Lauder Double Wear foundation in 1C0 Shell (Used 2-3x)- Retails for $43, Asking $15
• Makeup Forever Ultra HD foundation stick in Y225 (About 40-45% remaining)- Retails for $43, Asking $7
• Makeup Forever Ultra HD foundation stick in Y225 (About 20% remaining)- Retails for $43, Asking $4
• It Cosmetics Bye Bye Redness Neutralizing Correcting cream (About half full)- Retails for $34, Asking $7
• Loreal Infallible Total Cover foundation in 301 Classic Ivory (40-50% full)- Retails for $12.99, Asking $1
• Maybelline Superstay foundation in 112 (Only used once but the pump is stuck so it is hard to get foundation out without opening bottle/price will be lower because of this) (Used 1-2x)- Retails for $11.99, Asking $2
CONCEALERS: Verification
• Glossier Stretch concealer in G11 (about 7/8 full)- Retails for $18, Asking $9
• Dose of Colors Meet Your Hue concealer in 01 (used a few times)- Retails for $24, Asking $8
• It Cosmetics Bye Bye Undereye full coverage concealer in Light (used a few times)- Retails for $27, Asking $12
PRIMERS: Verification
• First Aid Beauty Hello Fab coconut skin smoothie priming moisturizer- Retails for $29, Asking $13
• First Aid Beauty Hello Fab Pores Be Gone matte primer- Retails for $29, Asking $13
• Milk Makeup Hydrogrip gripping primer (ds) (used 1x, mostly full)- Retails for $15, Asking $5
• Laura Mercier radiance primer (ds .5 oz) (Used 1x, mostly full)- Asking $2
• Becca First Light priming filter (ds .5 oz) (Used 1-2x)- Asking $2
• Maybelline Master blur stick primer in universal transparent (Used 1-2x)- Retails for $7.99, Asking $1.50
EYES/BROWS/LASHES: Verification
• Pat McGrath Dark Matter pigment- Part of the dark star labs set which was $95, Asking $15
• Huda Beauty Matte & Metal double ended liquid eyeshadows in Wednesday and Fro-yo- Retails for $25, Asking $15
• Melt Cosmetics single eyeshadow in Rubbish (Swatched only)- Retails for $17, Asking $9
• Glossier Boy Brow in Blonde (Used 1x)- Retails for $16, Asking $8
• Nudestix Magnetic Luminous eye color stick in Copper Foil (swatched only)- Retails for $26, Asking $8
• Nudestix Magnetic eye color stick in Twilight (swatched only)- Retails for $26, Asking $8
• Nudestix Magnetic eye color in Lilith (used 1x lightly)- Retails for $26, Asking $8
• Nudestix Magnetic matte eye color stick in Putty (swatched only)- Retails for $26, Asking $8
• Nudestix Magnetic matte eye color stick in Taupe (used 1x lightly)- Retails for $26, Asking $8
• (SOLD) Nudestix Nude Artist tin box- Asking $2
• Tarte Chrome Paint shadow pot in Top Yacht (swatched only)- Retails for $22, Asking $8
• Nars Velvet Shadow Stick in Hollywoodland (used 2x)- Retails for $20.30, Asking $6
• Stila Glitter & Glow in Perlina (ds) (used 1x)- Retails for $12, Asking $3
• Stila Glitter & Glow in Sunset Fire (ds) (new never used)- Came in set, Asking $3
• Stila Magnificent Metals foil finish eyeshadow in Metallic Gilded Gold (swatched lightly)(comes with box and mixing medium)- Can’t find retail because it’s discontinued, Asking $4
• Colourpop Zodiac loose pigment in The Crab (used 1-2x)- Retails for $6, Asking $3
• Colourpop single eyeshadow in Checkmate (comes in compact) (swatched only)- Retails for $4.50, Asking $2
• Colourpop SSS in Bandit (used 2x)- Retails for $6, Asking $1.00
• Colourpop SSS in Cornelious (Broken/price will reflect condition)- Retails for $6, Asking $.50
• Colourpop SSS in Brady (Broken/price will reflect condition)- Retails for $6, Asking $.50
• Colourpop pencil eyeliner in Mr. Bing (new)- Retails for $6, Asking $1.00
• Colourpop pencil eyeliner in Besto (used 5-6x)- Retails for $6, Asking $.50
• The Balm Batter Up eyeshadow stick in Outfield (used 1-2x)- Retails for $17, Asking $2
• The Balm Batter Up eyeshadow stick in Slugger (used 1-2x)- Retails for $17, Asking $2
• CoverGirl x Katy Perry Katy Kat Wink lashes in Kat Whiskers (New in box)- Asking $1.50
• Revlon brow mousse in Soft Brown (new)- Retails for $10.99, Asking $.75
• Revlon brow mousse in blonde (used 1x)- Retails for $10.99, Asking $.50
• Revlon Colorstay Bold creme eyeshadow in Cognac (swatched)- Retails for $8.49, Asking $.75
• Revlon Colorstay Bold creme eyeshadow in Merlot (swatched)- Retails for $8.49, Asking $.75
Lips: Verification
•Glossier generation g in jam- (older version) Never used, swatched 1x lightly on back of hand- Retails for $18, Asking $8
• Kylie Cosmetics lip kit in Koko K (no box) (new)- Retails for $27, Asking $12
• Nars Tonka lipstick (new with box but I just got it in the mail recently and it was broken on the bottom so it can fall out of tube and also the top is a little smashed so price will reflect condition)- Retails for $26, Asking $5
• Mac Lustre lipstick on See Sheer (More of a lip tint) (swatched 1x lightly on back of hand)- Retails for $19, Asking $8
•Mac cremesheen lipstick in Creme D’ Nude- never used, swatched 1x lightly on back of hand- Retails for $19, Asking $8
•?Mac amplified lipstick in Saint Germain- never used, swatched 1x lightly on back of hand- Retails for $19, Asking $8
• Urban Decay cream lipstick in Wired- Retails for $22, Asking $8
• Rodin luxury lipstick in Dahlia- never used, lightly swatched once on back of hand- Retails for $38, Asking $10
• Benefit Benetint (new)- Retails for $30, Asking $8
• (SOLD) Benefit Double the Lip lipstick & liner in one in Lusty Rose (swatched lightly on back of hand)- Retails for $20, Asking $4
• (SOLD) Benefit Double the Lip lipstick & liner in one in Nude Scandal (swatched lightly on back of hand)- Retails for $20, Asking $4
• Nars Velvet Matte lip pencil in Do Me Baby (ds .06 oz)- Asking $3
• Ofra liquid lipstick in Nude Potion (new)- Retails for $20, Asking $
• Ofra liquid lipstick in Verona (new)- Retails for $20, Asking $ • • Kat Von D liquid lipstick in Crucifx (used 2-3x)- Retails for $21, Asking $3
• Kat Von D liquid lipstick in Hawkwind (new)- Retails for $21, Asking $4
• Dose of Colors liquid lipstick in Flirty (new)- Retails for $18, Asking $
• Jeffrey Star liquid lipstick in Christmas Cookie (ds) Asking $3
• (SOLD) Fresh Sugar Poppy tinted lip treatment (ds .07 oz)- Asking $2
• Lipstick Queen lipstick in Medieval (ds .05 oz)- Asking $2
• Colourpop lippie stix in Little Tings (swatched)- Retails for $7, Asking $2
• Colourpop Ultra Metallic lip in Varsity Blues (used 1x)- Retails for $7, Asking $1.50
• Inc.redible rollerball glows in Choose Your Happy (new)- Retails for $10, Asking $1.50
• Maybelline shine lipstick in Baddest Beige (swatched)- Retails for $7.99, Asking $1.50
• Bite matte cream lip crayon in Glacé (ds) (swatched)- Asking $1
• Ella & Mila glossy liquid lipstick (New in box)- Retails for $14, Asking $1
• Nyx butter gloss in Sunday Mimosa (Used 1x)- Retails for $5, Asking $.50
•Loreal lipstick in Doutzen’s nude- Used 1x lightly, sanitized- Retails for $8.95, Asking $.50
•Covergirl x Katy Perry Katy kat matte lipstick in cosmo kitty- Used 1x lightly, sanitized- Asking $ $.50
• Nyx matte lipstick in pale pink (Used 2 times)- Retails for $6, Asking .50
BRUSH SET: Verification
• (SOLD) Set of brushes- Morphe M153, BH Cosmetics #1 pink brush from set, 2 Sonia Kashuk mini eye brushes, 2 Coastal Scent brushes, Mr Handyman brush, 1 Motd concealer brush, 2 AOA oval brushes, 2 random brushes- Asking $6
NAIL POLISH: Verification
• KL Polish in Wishbone- Retails for $8.50, Asking $6
• KL Polish in Casino Night- Asking $6
• (SOLD) KL Polish in Gemini- Asking $6
• KL Polish in Winter is Coming- Asking $6
SKIN: Verification
• (SOLD) Make succulent gel (a little over half left)- Retails for $25, Asking $4
• (SOLD) The Ordinary Caffeine Solution (new)- Retails for $6.70, Asking $3
• (SOLD)Nip Fab Dragons Blood Plumping serum (1 oz) (used 1x)- Asking $2
• (SOLD) Kate Somerville Wrinkle Warrior 2 in 1 plumping moisturizer and serum (ds .25 oz) (new)- Asking $1
• (SOLD) Earth to Skin super fruits blueberry exfoliating cleanser (1oz) (new)- Asking $.50
• (SOLD) Earth to Skin super fruits citrus day gel cream (.5 oz) (used 1x)- Asking $.50
• (SOLD) Proactive Green Tea moisturizer (ds .33 oz) (used 1-2x)- Asking $.50

So its been a long year in crypto. At a guess, I have bought around 70 or so cryptos, mostly through the casino known as Uniswap.
First my best performer.
That would easily be Nexus Mutual Insurance. I bought this on the advice of Alex Saunders from Nugget's News. On day 1 I received a 25% dividend, so I reinvested that and doubled my stack (and staked my coins at 1000% leverage). In 2 months my initial investment of $1,300 was worth $41,000 believe it or not. However I was staked so couldn't sell - when I could, I finally exited at x10 up.
My best short term trade was XRP-Down leveraged coin on binance - I exited at +160% after a day or two.
Celsius is probably the third, although I kept exiting and entering through the year, so I didn't get even a third of its +3800% or so return in the last 12 months.
Obviously holding ETH and BTC through most of the year did really well for me. I think I made great gains on KNC, Link through the March -April recovery. And bought two Binance IEOs and sold day 1 for 55 to 155% profit (Axie and INJ).
And I can't forget all the YF coins. I made quite a bit on a few YFI trades. When DEFI went truly mental, I just blindly bought all the YF coins at the time (YFI, YFII, YFV, and YFLink and made 50% or so on them all).
As for the poor ones.
I track my uniswap buys manually for tax purposes so I have a nice tally of all the gains and losses (at least in ETH value). So many stinkers. I think the awards go to....
Moon Juice - down 50%. I thought it would be like Meme coin with NFTs etc, but it was too late in the defi cycle.
XFI - down 50% - more of just a FOMO trade. It was on a permanent bull run basically until I bought it.
Honey - down 65% or so. I bought around $1,300 after watching about it on Chico Crypto's channel. I even pooled and the impermanent loss amplified the carnage.
I even have some coins I don't remember that are recorded. I lost an ETH on a coin called ZZZ for example - oops.
And if 1-inch wasn't free it would definitely be a contender for worse losses right now!
All in all, this has been a good year for long term HODLing of the big coins, or maybe ongoing defi gains from the more conservative pools like ETH / WBTC.