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Diamond Comic Distributors releases its June Operating Report

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” June’s report for Comic Holdings and Comic Exporters have been filed and we got May and June for Diamond Select Toys. Now, we have June for Diamond Comic Distributors.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case. That motion has been dismissed and reports have been filed at random times.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:473 (though 478 at one point)4624564563940
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341$27,230,468$9,421,461
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936-$30,570,469-$32,001,477
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328$41,591,837-$2,569,481

Diamond Select‘s information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:2118171700
Disbursements:$304,181$280,707$210,703$147,011$160,498$17,621
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494-$45,904,870-$12,827,322-$14,347,060
Profit:$152,465$151,188$175,356$144,079$13,433$0

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,302
Profit:$0$0$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,301
Profit:$0$0$0$0$0$0

We’ll have further updates as subsequent months are released.

Diamond Comic Distributor’s May Operating Report Submitted as part of Diamond’s Chapter 11 Process

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” June’s report for Comic Holdings and Comic Exporters have been filed and we got May and June for Diamond Select Toys. After a bit of delay, Diamond Comic Distributors has now filed its May report as well.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters.

Diamond continues to shed employees while “profit” increased due to mostly from “reorganization items.” But, what’s interesting is that gross income for Diamond dropped by about $12.5 million but costs of the goods increased by about $2 million resulting in a gross profit loss.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case. That motion has been dismissed.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025May 2025
Current Employees:473 (though 478 at one point)462456456394
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341$27,230,468
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936-$30,570,469
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328$41,591,837

Diamond Select‘s information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:2118171700
Disbursements:$304,181$280,707$210,703$147,011$160,498$17,621
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494-$45,904,870-$12,827,322-$14,347,060
Profit:$152,465$151,188$175,356$144,079$13,433$0

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,302
Profit:$0$0$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,301
Profit:$0$0$0$0$0$0

We’ll have further updates as subsequent months are released.

Diamond Select Toys, Comic Exporters and Comic Holdings’ New Operating Reports Submitted as part of Diamond’s Chapter 11 Process

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” June’s report for Comic Holdings and Comic Exporters have been filed and we got May and June for Diamond Select Toys and nothing Diamond Comic Distributors.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case. That motion has been dismissed.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025May 2025
Current Employees:473 (though 478 at one point)462456456
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328

Diamond Select‘s information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:2118171700
Disbursements:$304,181$280,707$210,703$147,011$160,498$17,621
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494-$45,904,870-$12,827,322-$14,347,060
Profit:$152,465$151,188$175,356$144,079$13,433$0

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,302
Profit:$0$0$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025May 2025June 2025
Current Employees:000000
Disbursements:$0$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505-$5,905,301
Profit:$0$0$0$0$0$0

We’ll have further updates as subsequent months are released.

Comic Exporters and Comic Holdings’ May Operating Report Submitted as part of Diamond’s Chapter 11 Process

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” May’s report for Comic Holdings and Comic Exporters has been filed and we’re waiting on the latest for Diamond Select Toys and Diamond Comic Distributors.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case. That motion has been dismissed.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025May 2025
Current Employees:473 (though 478 at one point)462456456
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328

Diamond Select‘s information:

January 2025February 2025March 2025April 2025May 2025
Current Employees:21181717
Disbursements:$304,181$280,707$210,703$147,011
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494-$45,904,870
Profit:$152,465$151,188$175,356$144,079

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025May 2025
Current Employees:00000
Disbursements:$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505
Profit:$0$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025May 2025
Current Employees:00000
Disbursements:$0$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489-$4,392,505
Profit:$0$0$0$0$0

We’ll have further updates as subsequent months are released.

Diamond Select Toy’s April Operating Report Submitted as part of Diamond’s Chapter 11 Process

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” April’s report for Diamond Comic Distributors was filed earlier and after almost two weeks, we now have Diamond Select Toys‘ report for April.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters. Three of the four entities have been updated through April. We’re still waiting on Diamond Select Toys’ filing. and Diamond and Diamond Select each have amended their January reports which is reflected below.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case. That motion has been dismissed.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025
Current Employees:473 (though 478 at one point)462456456
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328

Diamond Select‘s information:

January 2025February 2025March 2025April 2025
Current Employees:21181717
Disbursements:$304,181$280,707$210,703$147,011
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494-$45,904,870
Profit:$152,465$151,188$175,356$144,079

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

We’ll have further updates as subsequent months are released.

Diamond Submits an Amended Monthly Operating Report for April

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” April’s report was been filed last week and today has been amended.

We’ve compared the original report and the amended April report and haven’t yet found what the difference is between the two.

The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters. Three of the four entities have been updated through April. We’re still waiting on Diamond Select Toys’ filing. and Diamond and Diamond Select each have amended their January reports which is reflected below.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case.

Diamond released an amended report for January on May 13 which has been updated below.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025
Current Employees:473 (though 478 at one point)462456456
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328

Diamond Select‘s information:

January 2025February 2025March 2025April 2025
Current Employees:211817
Disbursements:$304,181$280,707$210,703
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494
Profit:$152,465$151,188$175,356

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

We’ll have further updates as subsequent months are released.

Diamond Submits its April Monthly Operating Reports

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has been submitting “Monthly Operating Reports.” April’s report has been filed and ready to be scrutinized. The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters. Three of the four entities have been updated through April. We’re still waiting on Diamond Select Toys’ filing. and Diamond and Diamond Select each have amended their January reports which is reflected below.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case.

Diamond released an amended report for January on May 13 which has been updated below.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025April 2025
Current Employees:473 (though 478 at one point)462456456
Disbursements:$13,683,765$31,600,829$25,132,240$22,744,341
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300-$5,224,936
Profit:$2,018,090-$10,110,858-$1,700,394-$715,328

Diamond Select‘s information:

January 2025February 2025March 2025April 2025
Current Employees:211817
Disbursements:$304,181$280,707$210,703
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494
Profit:$152,465$151,188$175,356

Comic Holdings‘ information:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

Comic Exporters‘ info:

January 2025February 2025March 2025April 2025
Current Employees:0000
Disbursements:$0$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204-$41,624,489
Profit:$0$0$0$0

We’ll have further updates as subsequent months are released.

Ad Populum begins the Gutting of Diamond and Diamond Select Toys

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Last week, the sale of Diamond Comic Distributors, Diamond Select Toys, and more to Ad Populum was made official. As what happens with acquisitions like this, the new owners have rushed to fire staff. Usually the justification is that positions are redundant but it’s often to cut costs and make acquisitions more profitable. Ad Populum seems to have gone further in headscratcher moves that have come out due to leaks, rumors, and LinkedIn posts.

As reported on Friday by The Beat, there have been “massive layoffs” at Diamond Comic Distributors and Diamond Book Distributors described as a “bloodbath.” Chris Powell, Diamond’s Chief Sales & Service Officer announced on his Facebook page he was part of the gutting. Rich Johnson who was the Vice President Sales and Business Development has also ended his time with Diamond after a little over 3 years. Steve Leaf who is an Assistant Manager at Diamond is “open to work” according to LinkedIn and seeking a new role. Eric Beck who is the Executive Director of Business Intelligence & POS Tech is also “open to work” but also has not indicated his time has ended after over 32 years with the company. There’s others who have also listed they’re “open to work” on LinkedIn as well. Diamond has confirmed that Stuart Carter, Terry Helman, and Johnson are no long with the company.

There’s lots of questions coming out of this like the future of Comics Suite, Diamond’s point of sale system, and Pullbox, their customer pullbox/pre-order management system. Some have stated that the Pullbox technical support staff have been laid off and Beck’s “open to work” should raise concern and questions.

But beyond the firings, individuals have left the chaos on their own including marketing manager Ashton Greenwood who left to join Dover Publications and Caitlin McCabe who left earlier as well.

There’s also news that Diamond Select Toys is shutting down with those individuals being laid off as well. Ad Populum owns NECA, another toy company, and it’s likely they’ll be moving the licenses from Diamond Select Toys over to there or sitting on the licenses boxing out competition.

Zach Oat, the Marketing Supervisor of Diamond Select Toys and Katherine Layman, Development Assistant, have indicated they’re open to work and have been with the company for over 14 years and almost 9 years. Oat has posted that he was indeed part of the firings while Layman has listed May 2025 as an end date for employment..

Toy News International confirmed Diamond Select’s closing through retailers:

I have been able to confirm through several retailers that they have been informed DST is being shut down. It’s still not clear what will happen with open pre-orders but the general consensus from folks I have talked to is that they will be canceled.

For those who might have remembered, when Oni Press and Lion Forge merged, it resulted in layoffs and left the publishers directionless. It took years and some key hirings to right the ship and has resulted in a resurgence for the publisher. Will we see Diamond rise from the ashes stronger or will it suffer the fate of so many purchases where the once mighty and powerful are strangled slowly resulting in a shell of its former self until its finally put out of its misery with little fanfare? Companies aren’t usually bought to lose money but the drama of Diamond’s Chapter 11 (which continues) has been so full of wtf moments, we’re sure to see more before this finally ends.

But no matter, the layoffs are impacting real people, some we know and have contributed to the comic industry for years. They need support in these turbulent times and while we can mourn what was, we also need to work to support those who need help discovering what’s next for them.

Diamond Submits its February and March Monthly Operating Reports

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has submitted “Monthly Operating Reports” for the period ending February 28,2025 and March 31, 2025 after recently submitting January’s. The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters. All four entities have been updated through March and Diamond and Diamond Select each have amended their January reports which is reflected below.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case.

Diamond released an amended report for January on May 13 which has been updated below.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025
Current Employees:473 (though 478 at one point)462456
Disbursements:$13,683,765$31,600,829$25,132,240
Ending Equity/Net Worth:$5,695,551$2,422,745$269,300
Profit:$2,018,090-$10,110,858-$1,700,394

Diamond Select‘s information:

January 2025February 2025March 2025
Current Employees:211817
Disbursements:$304,181$280,707$210,703
Ending Equity/Net Worth:-$31,352,292-$44,508,649-$45,510,494
Profit:$152,465$151,188$175,356

Comic Holdings‘ information:

January 2025February 2025March 2025
Current Employees:000
Disbursements:$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204
Profit:$0$0$0

February 2025

March 2025

Comic Exporters‘ info:

January 2025February 2025March 2025
Current Employees:000
Disbursements:$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204
Profit:$0$0$0

February 2025

March 2025

We’ll have further updates as subsequent months are released.

Diamond Submits its February and March Monthly Operating Reports

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Diamond Comic Distributors

After a significant delay as well as threats to change their status, Diamond has submitted “Monthly Operating Reports” for the period ending February 28,2025 and March 31, 2025 after recently submitting January’s. The below includes filings for Diamond Comic Distributors, Diamond Select Toys, and Comic Holdings, and Comic Exporters. Comic Holdings and Comic Exporters has been updated through March while the other two are just January. Will update this as more information is filed.

In January, Diamond Comic Distributors, Diamond Select Toys, and more filed a petition for Chapter 11. But, Diamond hadn’t filed a Monthly Operating Report since commencing the case. The reports for January, February, and March were overdue leading to a motion to switch their status from chapter 11 to chapter 7 or dismiss the case.

Below is the latest update with a tracking of information for each report.

Here’s the info released for Diamond Comic Distributors:

January 2025February 2025March 2025
Current Employees:473 (though 478 at one point)
Disbursements:$13,683,765
Ending Equity/Net Worth:$2,527,866
Profit:$2,018,090

Diamond Select‘s information:

January 2025February 2025March 2025
Current Employees:21
Disbursements:$304,181
Ending Equity/Net Worth:-$31,352,292
Profit:$152,465

Comic Holdings‘ information:

January 2025February 2025March 2025
Current Employees:000
Disbursements:$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204
Profit:$0$0$0

February 2025

March 2025

Comic Exporters‘ info:

January 2025February 2025March 2025
Current Employees:000
Disbursements:$0$0$0
Ending Equity/Net Worth:-$27,916,472-$40,848,045-$41,271,204
Profit:$0$0$0

February 2025

March 2025

We’ll have further updates as subsequent months are released.

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