Kustom Entertainment swings to Q3 net income of $2.35 million
KUST•Kustom Entertainment reported third-quarter net income attributable to common stockholders of $2.35 million, compared with a year-earlier loss. Revenue from continuing operations rose 57% to $2.7 million, while the continuing-operations loss widened to $2.67 million.
1. Quarterly results
Kustom Entertainment reported third-quarter 2026 net income attributable to common stockholders of $2.35 million, compared with a loss a year earlier. Revenue from continuing operations climbed 57% to $2.7 million, principally driven by higher TicketSmarter transaction volume.
2. Losses and acquisition
The continuing-operations loss more than doubled to $2.67 million, while discontinued-operations income reached $5.02 million, reflecting a gain from the video solutions divestiture. Stockholders' equity more than tripled to $7.85 million at September 30 from December 31, 2025. The outside date for the proposed TFL acquisition was extended to December 18, 2026, with financing still pending.
