Dolphin Issues Letter to Shareholders: Highlights Launch Into Multibillion Dollar Women’s Sports Market; FY 2024 Expects Revenue to Exceed $50M, +20% YoY, and to Record Positive Adjusted Operating Income; CEO Doubles Down on Buying DLPN Stock
Dolphin Entertainment (NASDAQ:DLPN) CEO Bill O'Dowd issued a letter to shareholders highlighting recent achievements and future prospects. Key points include:
1. CEO's increased personal investment in DLPN stock, viewing it as undervalued.
2. Record revenue in Q4 2023 and Q1 2024.
3. Success of "Blue Angels" documentary co-production with IMAX.
4. Launch of Staple Gin in collaboration with Rachael Ray.
5. Acquisition of Elle Communications, a profitable Impact PR firm.
6. Formation of Always Alpha, focusing on the growing women's sports market.
7. Anticipated 20%+ revenue growth in 2024, exceeding $50 million.
8. Expected positive adjusted operating income for the year.
9. Continued success in entertainment marketing and PR campaigns.
The CEO expresses confidence in Dolphin's future, citing its expanded capabilities and positioning in growth markets like influencer marketing and women's sports.
Il CEO di Dolphin Entertainment (NASDAQ:DLPN), Bill O'Dowd, ha inviato una lettera agli azionisti sottolineando i recenti successi e le prospettive future. I punti chiave includono:
1. Maggiore investimento personale del CEO nelle azioni di DLPN, considerandole sottovalutate.
2. Ricavi record nel quarto trimestre del 2023 e nel primo trimestre del 2024.
3. Successo della co-produzione del documentario "Blue Angels" con IMAX.
4. Lancio della Staple Gin in collaborazione con Rachael Ray.
5. Acquisizione di Elle Communications, una proficua agenzia di PR Impact.
6. Formazione di Always Alpha, focalizzata sul crescente mercato degli sport femminili.
7. Previsione di una crescita dei ricavi superiore al 20% nel 2024, superando i 50 milioni di dollari.
8. Atteso reddito operativo rettificato positivo per l'anno.
9. Continuo successo nel marketing dell'intrattenimento e nelle campagne di PR.
Il CEO esprime fiducia nel futuro di Dolphin, citando le sue capacità espanse e il posizionamento nei mercati in crescita come il marketing degli influencer e gli sport femminili.
El CEO de Dolphin Entertainment (NASDAQ:DLPN), Bill O'Dowd, envió una carta a los accionistas destacando los logros recientes y las perspectivas futuras. Los puntos clave incluyen:
1. Aumento de la inversión personal del CEO en acciones de DLPN, considerándolas subvaloradas.
2. Ingresos récord en el cuarto trimestre de 2023 y en el primer trimestre de 2024.
3. Éxito de la co-producción del documental "Blue Angels" con IMAX.
4. Lanzamiento de Staple Gin en colaboración con Rachael Ray.
5. Adquisición de Elle Communications, una firma de PR Impact rentable.
6. Formación de Always Alpha, enfocándose en el creciente mercado de deportes femeninos.
7. Se anticipa un crecimiento de ingresos superior al 20% en 2024, superando los 50 millones de dólares.
8. Se espera un ingreso operativo ajustado positivo para el año.
9. Éxito continuo en marketing de entretenimiento y campañas de PR.
El CEO expresa confianza en el futuro de Dolphin, mencionando sus capacidades ampliadas y posicionamiento en mercados en crecimiento como el marketing de influencers y deportes femeninos.
돌핀 엔터테인먼트(NASDAQ:DLPN)의 CEO 빌 오다우드가 주주들에게 최근 성과와 미래 전망을 강조한 서한을 보냈습니다. 주요 내용은 다음과 같습니다:
1. DLPN 주식에 대한 CEO의 개인 투자 증가, 저평가되어 있다고 판단.
2. 2023년 4분기 및 2024년 1분기에 기록적인 수익.
3. IMAX와 공동 제작한 "블루 앤젤스" 다큐멘터리의 성공.
4. 레이첼 레이와 협력한 스테이플 진 출시.
5. 수익성 있는 임팩트 PR 회사인 엘 커뮤니케이션즈 인수.
6. 여성 스포츠 시장 성장에 초점을 맞춘 올웨이즈 알파 설립.
7. 2024년에 20% 이상의 수익 성장 예상, 5천만 달러 초과.
8. 연간 긍정적인 조정 운영 수익 예상.
9. 지속적인 엔터테인먼트 마케팅 및 PR 캠페인 성공.
CEO는 돌핀의 미래에 대한 자신감을 표명하며, 인플루언서 마케팅과 여성 스포츠와 같은 성장 시장에서의 능력 확장과 포지셔닝을 인용했습니다.
Le PDG de Dolphin Entertainment (NASDAQ:DLPN), Bill O'Dowd, a adressé une lettre aux actionnaires mettant en évidence les récentes réussites et les perspectives d'avenir. Les points clés incluent :
1. Augmentation de l'investissement personnel du PDG dans les actions de DLPN, les considérant comme sous-évaluées.
2. Chiffre d'affaires record au quatrième trimestre 2023 et au premier trimestre 2024.
3. Succès de la co-production du documentaire "Blue Angels" avec IMAX.
4. Lancement de Staple Gin en collaboration avec Rachael Ray.
5. Acquisition d'Elle Communications, une agence de relations publiques Impact rentable.
6. Création d'Always Alpha, axée sur le marché en croissance du sport féminin.
7. Croissance des revenus attendue de plus de 20 % en 2024, dépassant 50 millions de dollars.
8. Résultat opérationnel ajusté positif attendu pour l'année.
9. Succès continu dans le marketing de divertissement et les campagnes de relations publiques.
Le PDG exprime sa confiance dans l'avenir de Dolphin, évoquant ses capacités élargies et son positionnement sur des marchés en croissance comme le marketing d'influence et le sport féminin.
Der CEO von Dolphin Entertainment (NASDAQ:DLPN), Bill O'Dowd, hat einen Brief an die Aktionäre veröffentlicht, in dem er die jüngsten Erfolge und zukünftigen Perspektiven hervorhebt. Die wichtigsten Punkte sind:
1. Erhöhung der persönlichen Investition des CEOs in DLPN-Aktien, da er diese als unterbewertet ansieht.
2. Rekordumsatz im vierten Quartal 2023 und im ersten Quartal 2024.
3. Erfolg der Co-Produktion des Dokumentarfilms "Blue Angels" mit IMAX.
4. Markteinführung von Staple Gin in Zusammenarbeit mit Rachael Ray.
5. Übernahme von Elle Communications, einer profitablen Impact-PR-Agentur.
6. Gründung von Always Alpha mit Fokus auf den wachsenden Markt für Frauensport.
7. Erwartetes Umsatzwachstum von über 20% im Jahr 2024, das 50 Millionen Dollar übersteigen soll.
8. Erwartetes positives bereinigtes operatives Ergebnis für das Jahr.
9. Fortdauernder Erfolg im Entertainment-Marketing und in PR-Kampagnen.
Der CEO äußert Vertrauen in die Zukunft von Dolphin und verweist auf die erweiterten Fähigkeiten und die Positionierung in wachsenden Märkten wie Influencer-Marketing und Frauensport.
- CEO's increased personal investment in DLPN stock, demonstrating confidence
- Record revenue achieved in Q4 2023 and Q1 2024
- Successful launch and performance of "Blue Angels" documentary with IMAX
- Acquisition of profitable Elle Communications, enhancing strategic fit
- Launch of Always Alpha, targeting the growing women's sports market
- Anticipated 20%+ revenue growth in 2024, expected to exceed $50 million
- Projected positive adjusted operating income for the year
- Successful entertainment marketing campaigns, including Oscar, Emmy, and Grammy nominations
- Share price decline from over $1.50 in December to less than $0.75 in September
Insights
Dolphin Entertainment's recent developments and financial projections are noteworthy for investors. The company expects revenue to exceed
- Record-breaking revenue in Q4 2023 and Q1 2024
- Successful launch of "Blue Angels" documentary, generating over
$1 million in ROI - Acquisition of Elle Communications, a profitable PR firm
- Launch of Always Alpha, focusing on the rapidly growing women's sports market
The CEO's increased personal investment in DLPN stock, particularly at lower price points, signals confidence in the company's future. The anticipated positive adjusted operating income for the year is a significant milestone, potentially setting Dolphin apart from other microcap companies. However, investors should note that the current market cap of
The launch of Always Alpha positions Dolphin Entertainment strategically in the burgeoning women's sports market. Key points for investors:
- Women's sports revenue projected to exceed
$1 billion in 2024, a300% increase from 2021 - Women's sports merchandise market estimated at
$4 billion - Partnership with Olympic legend Allyson Felix adds credibility and potential for high-profile client acquisition
This move into a rapidly growing niche could be a significant growth driver for Dolphin. The company's existing entertainment marketing "Super Group" provides a strong foundation for cross-selling opportunities and leveraging celebrity relationships. The positive press coverage of Always Alpha launch indicates strong market interest. However, investors should monitor the execution of this new venture and its contribution to overall revenue growth, as success in this new market will be important for justifying the company's growth projections.
MIAMI, FL / ACCESSWIRE / October 16, 2024 / Dolphin (NASDAQ:DLPN), an independent leader in content production, entertainment marketing, and related ventures, announced the release of a letter to shareholders by Bill O'Dowd, CEO.
Dear Shareholders,
I have been capitalizing on the current microcap market landscape by increasing my personal investment in DLPN stock.
In this microcap environment, I believe there are tremendous buying opportunities, and I firmly believe Dolphin is one of them.
I bought
We recorded record revenue in Q4 of last year.
We broke that record in Q1 of this year.
In May, we had "Blue Angels" in theaters, the first of our documentary co-productions under our multi-year arrangement with IMAX. "Blue Angels" was the #1 movie on Amazon Prime over Memorial Day Weekend, and has been highly successful for us, generating well over
That same month we launched Staple Gin - available in stores in New York and online across the country. Created by our long-standing client, Rachael Ray, Staple Gin has already won numerous industry awards and has secured industry heavyweight Southern Wine & Spirits for its distribution partner.
In July, we acquired Elle Communications, a leading Impact PR firm that is a perfect strategic fit for us. Founded by Danielle Finck, Elle is a profitable, 16 year-old enterprise with fantastic margins. We believe that each of our companies has multiple avenues to cross-sell services with Elle, since Impact work is on the agenda of virtually every one of our clients.
And, just last week, we announced the formation of Always Alpha, the first management firm of its kind fully focused on women's sports, in partnership with Olympic legend and well-known inspiration for female athletes, Allyson Felix. With revenue generated by women's sports projected to exceed
The press response to Always Alpha has been nothing short of fantastic. Here are a few highlights:
https://www.cbsnews.com/video/allyson-felix-launches-women-focused-sports-management-firm/
https://www.sportsbusinessjournal.com/Articles/2024/10/08/allyson-felix-agency-launch
That's a lot of good news in less than a year. We believe these catalysts represent growth and real upside for Dolphin. And, of course, all of this is on top of the great work that our industry-leading marketing companies do every day. Dolphin's PR firms - 42West, Shore Fire Media, and The Door - each managed hundreds of campaigns this year, including Awards campaigns on behalf of clients for 24 Oscar, 17 Emmy and 25 Grammy nominations. Our influencer marketing agency, The Digital Dept., handled over 4,000 campaigns on behalf of our brand and talent clients. And our celebrity booking agency, Special Projects, handled dozens of signature entertainment events from the Academy Museum Gala to movie and streaming premieres, as well as high fashion events for clients like CHANEL, Gucci and Valentino.
Doubling down on DLPN stock reflects my strong belief in the remarkable progress at Dolphin, which we believe positions us for success.
We anticipate achieving more than
With our expanded capabilities, diverse client base, and talented team, we believe we are well-positioned to capitalize on the exciting opportunities ahead, particularly in the fast-growing influencer marketing industry and in the booming women's sports market.
We expect positive adjusted operating income on a recurring annual basis. We believe this alone separates us from many of our microcap peers.
I plan to continue increasing my stake, as I believe that our current valuation does not reflect the true current strength and future potential of our business.
In closing, I want to express my gratitude to our dedicated employees, partners, and shareholders for their unwavering support. Together, we have built a remarkable company that we believe is poised for continued success. As we celebrate milestones like the launch of Always Alpha, and the completion of our entertainment marketing "Super Group," let us look forward with anticipation to the exciting journey ahead.
Sincerely,
Bill O'Dowd
CEO, Dolphin Entertainment
About Dolphin:
Dolphin (NASDAQ:DLPN), founded in 1996 by Bill O'Dowd, has evolved from its origins as an Emmy-nominated television, digital, and feature film content producer to a company with three dynamic divisions: Dolphin Entertainment, Dolphin Marketing, and Dolphin Ventures.
Dolphin Entertainment: This legacy division, where it all began, has a rich history of producing acclaimed television shows, digital content, and feature films. With high-profile partners like IMAX and notable projects including "The Blue Angels," Dolphin Entertainment continues to set the standard in quality storytelling and innovative content creation.
Dolphin Marketing: Established in 2017, this division has become a powerhouse in public relations, influencer marketing, branding strategy, talent booking, and special events. Comprising top-tier companies such as 42West, The Door, Shore Fire, Special Projects, and The Digital Dept., Dolphin Marketing serves a wide range of industries, from entertainment, music and sports to hospitality, fashion and consumer products.
Dolphin Ventures: This division leverages Dolphin's best-in-class cross-marketing acumen and business development relationships to create, launch and/or accelerate innovative ideas and promising products, events and content in our areas of expertise. Key ventures include collaborations with Rachael Ray for Staple Gin and Mastercard Midnight Theatre.
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.
CONTACT:
James Carbonara
HAYDEN IR
(646)-755-7412
james@haydenir.com
SOURCE: Dolphin
View the original press release on accesswire.com
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