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Sophon Capital's Thunderbird Entertainment Thesis $TBRD

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Manage episode 505855734 series 2789730
Content provided by Andrew Walker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Walker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Yet Another Value Podcast, host Andrew Walker speaks with Franco Chomonalez from Sophon Capital to analyze Thunderbird Entertainment (TBRD). Franco shares why the microcap Canadian animation and media company—trading at just 1.6x EBITDA—fits Sophon’s investment criteria. They discuss Thunderbird’s three revenue models, its role as a low-cost production partner for Disney, and the competitive advantages stemming from Canadian tax credits. The conversation also explores failed M&A efforts, AI disruption risk, shareholder tensions, and the upcoming TSX uplisting as a potential re-rating catalyst.

Sophon Capital's site: https://sophoninvest.substack.com/

_________________________________________________________

[00:00:00] Andrew introduces Franco and Thunderbird

[03:23:00] Franco outlines Sophon’s microcap thesis

[06:17:00] Overview of Thunderbird’s business model

[09:54:00] Discussion on Thunderbird’s cheap valuation

[11:39:00] History of Thunderbird and key players

[16:05:00] Studio advantages: tax credits, location

[18:07:00] Is Thunderbird’s work commoditized?

[24:26:00] Disney outsourcing versus in-house strategy

[29:36:00] 80%+ IP pitch success rate explained

[30:21:00] AI risk: upside and private equity fear

[39:32:00] Can AI make animators obsolete?

[42:49:00] Why hasn’t Thunderbird been sold yet?

[47:08:00] Debate: reinvest or return capital

[53:59:00] TSX uplisting as a near-term catalyst

Links:

Yet Another Value Blog - https://www.yetanothervalueblog.com

See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

  continue reading

346 episodes

Artwork
iconShare
 
Manage episode 505855734 series 2789730
Content provided by Andrew Walker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Walker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of Yet Another Value Podcast, host Andrew Walker speaks with Franco Chomonalez from Sophon Capital to analyze Thunderbird Entertainment (TBRD). Franco shares why the microcap Canadian animation and media company—trading at just 1.6x EBITDA—fits Sophon’s investment criteria. They discuss Thunderbird’s three revenue models, its role as a low-cost production partner for Disney, and the competitive advantages stemming from Canadian tax credits. The conversation also explores failed M&A efforts, AI disruption risk, shareholder tensions, and the upcoming TSX uplisting as a potential re-rating catalyst.

Sophon Capital's site: https://sophoninvest.substack.com/

_________________________________________________________

[00:00:00] Andrew introduces Franco and Thunderbird

[03:23:00] Franco outlines Sophon’s microcap thesis

[06:17:00] Overview of Thunderbird’s business model

[09:54:00] Discussion on Thunderbird’s cheap valuation

[11:39:00] History of Thunderbird and key players

[16:05:00] Studio advantages: tax credits, location

[18:07:00] Is Thunderbird’s work commoditized?

[24:26:00] Disney outsourcing versus in-house strategy

[29:36:00] 80%+ IP pitch success rate explained

[30:21:00] AI risk: upside and private equity fear

[39:32:00] Can AI make animators obsolete?

[42:49:00] Why hasn’t Thunderbird been sold yet?

[47:08:00] Debate: reinvest or return capital

[53:59:00] TSX uplisting as a near-term catalyst

Links:

Yet Another Value Blog - https://www.yetanothervalueblog.com

See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

  continue reading

346 episodes

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