Quarterly ResultMay 12, 2026, 04:39 PM
Dolphin Entertainment Q1 Revenue Up 5.2% to $12.8M; Adj. EBITDA Loss Improves 25%
AI Summary
Dolphin Entertainment reported a 5.2% year-over-year increase in Q1 2026 revenue to $12.8 million, while its Adjusted EBITDA loss improved by 25% to $(467,000). Despite an increase in operating and net losses, the company highlighted its strong positioning for future free cash flow generation, supported by strategic partnerships, upcoming debt maturity, and lease savings. Management expressed confidence in continued growth and profitability.
Key Highlights
- Q1 2026 revenue increased 5.2% year-over-year to $12.8 million.
- Adjusted EBITDA loss improved by 25% year-over-year to $(467,000).
- Net loss for Q1 2026 was $(2.7) million, compared to $(2.3) million in Q1 2025.
- Basic and diluted loss per share was $(0.22) for Q1 2026.
- Announced a publishing imprint venture with Copper Books and Simon & Schuster.
- Anticipates $2.2 million in annual savings from bank debt maturity in under 2.5 years.
- Expects $1 million in annualized lease savings from H2 2027.
- Holds $127 million in NOL carryforwards to shield from cash taxes.