Quarterly ResultMay 12, 2026, 05:32 PM
Dolphin Entertainment Q1 Net Loss Widens to $2.69M
AI Summary
Dolphin Entertainment reported a net loss of $2.69 million for the first quarter of 2026, an increase from $2.33 million in the prior year. Revenues grew to $12.80 million, up from $12.17 million, driven by strong performance in the Content Production segment. The company also saw an increase in operating expenses and a larger net cash outflow from operating activities.
Key Highlights
- Q1 2026 net loss widened to $2.69 million from $2.33 million in Q1 2025.
- Total revenues increased to $12.80 million in Q1 2026 from $12.17 million in Q1 2025.
- Basic loss per share was $(0.22) in Q1 2026, compared to $(0.21) in Q1 2025.
- Entertainment publicity and marketing revenue rose to $12.35 million from $12.08 million.
- Content production revenue significantly increased to $455,692 from $92,033.
- Net cash used in operating activities increased to $2.04 million from $1.70 million.
- Total debt decreased to $23.77 million as of March 31, 2026, from $24.48 million.
- Converted $310,000 in convertible notes into 291,672 common shares in Q1 2026.
Price Impact
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