The Motley Fool’s Tim Beyers has always been bullish on Marvel stock, and he still is, based on increased profits without the need for ANY Marvel produced movies.
Yeah, I know, $132 million is less than $194 million. But who cares? Marvel had managed just $25.3 million in trailing adjusted cash from operations through its first quarter.
In other words, Marvel is raking in moola like Venom after a string of Lower Manhattan bank robberies. And not a single penny of that cash flow is from self-produced movies.
What this means is that Marvel has a massive licensing business that should continue to thrive, even as Marvel Studios cranks out Iron Man next May, followed by The Incredible Hulk in June.