Welcome to our dedicated page for Plby Group news (Ticker: PLBY), a resource for investors and traders seeking the latest updates and insights on Plby Group stock.
PLBY Group Inc (NASDAQ: PLBY) operates at the intersection of lifestyle branding and digital innovation, offering investors a unique play in consumer engagement. This news hub provides verified updates on corporate developments, financial disclosures, and strategic initiatives shaping the company’s trajectory.
Access real-time insights through earnings reports, product launches, and partnership announcements alongside analysis of licensing deals and digital subscription growth. Our curated collection serves as a reliable resource for tracking PLBY’s evolving position in lifestyle markets spanning apparel, wellness, and entertainment.
Key updates include regulatory filings, executive leadership changes, and market expansion efforts – all essential for assessing the company’s multi-channel business model. Bookmark this page for streamlined monitoring of PLBY’s direct-to-consumer strategies, intellectual property developments, and content ecosystem innovations.
PLBY Group (Nasdaq: PLBY), the owner of the iconic Playboy brand, has announced its participation in the upcoming Planet MicroCap Showcase in Las Vegas on April 23 & 24, 2025. CEO Ben Kohn and CFO Marc Crossman will deliver a formal presentation on April 23 at 5 p.m. PT and conduct one-on-one meetings during the event.
The presentation will be available via simulcast on the company's investor relations website. Interested investors can schedule meetings through Planet MicroCap or PLBY's investor relations team. A recent interview with CEO Ben Kohn is available for viewing on YouTube.
PLBY Group operates as a global pleasure and leisure company, with the Playboy brand present in approximately 180 countries. The company's mission focuses on creating a culture of universal pleasure pursuit, building on its 70-year legacy of media and hospitality experiences while advocating for equality and freedom of expression.
PLBY Group (NASDAQ: PLBY) has announced the cancellation of its previously adjourned special meeting of stockholders originally scheduled for March 20, 2025, due to lack of required quorum. The meeting was meant to vote on proposals including the sale and issuance of 16,956,842 shares of common stock at $1.50 per share to an affiliate.
The company has decided to include these proposals in its upcoming 2025 Annual Meeting, with the proxy statement expected by April 30, 2025. PLBY Group emphasized that these matters are important for raising critical capital and reducing debt. The company requires stockholder approval to proceed with the planned financing to support its business plans and improve its balance sheet.
PLBY Group announced the adjournment of its Special Meeting of Stockholders on March 20, 2025, due to lack of required quorum. The meeting will reconvene virtually on April 17, 2025 at 1:00 p.m. Eastern Time.
The Special Meeting's proposals remain unchanged from the proxy statement filed with the SEC on February 4, 2025. Stockholders of record as of January 23, 2025, can attend via webcast and vote through various channels. Both Institutional Shareholder Services Inc. and Glass Lewis recommend voting 'FOR' all proposals, aligning with the Board's recommendation.
Previously submitted proxies remain valid unless properly revoked. Stockholders who haven't voted yet are encouraged to do so by April 16, 2025, at 11:59 p.m. Eastern Time.
PLBY Group reported Q4 2024 financial results with revenue of $33.5 million, down 15% from Q4 2023's $39.4 million. Q4 net loss was $12.5 million with adjusted EBITDA of $2.6 million excluding foreign currency losses.
Key developments include:
- Byborg purchased 14.9M shares at $1.50/share for $22.4M
- Signed $300M licensing agreement with Byborg over 15 years
- Reduced debt through $37M in negotiated debt forgiveness
- Honey Birdette generated $6.1M cash flow in 2024
For full year 2024, revenue was $116.1 million, down 19% from 2023. The company projects approximately $120 million in revenue for 2025, with 86% of licensing revenue secured through contracted guaranteed minimums. PLBY Group ended 2024 with $30.9M in cash and total long-term debt of $122.2M.
PLBY Group (NASDAQ: PLBY) has announced its participation in the 37th Annual Roth Conference in Dana Point, California. CEO Ben Kohn will engage in a fireside chat on March 18, 2025, at 11:30 a.m. PT, which will be webcast live and archived on the company's investor relations website.
The conference, recognized as one of the nation's largest small-cap events, will feature approximately 500 private and public companies from various growth sectors. Management will be available for one-on-one meetings throughout the event, which can be scheduled through Roth representatives.
Playboy, PLBY Group's flagship brand, operates in approximately 180 countries, focusing on creating pleasure and leisure products, content, and experiences. The company's mission centers on fostering a culture of pleasure pursuit, building on its 70-year legacy of media and hospitality experiences while advocating for cultural progress.
PLBY Group (NASDAQ: PLBY), owner of the Playboy brand, has announced it will release its fourth quarter and full year 2024 financial results on Thursday, March 13, 2025, after U.S. market close. The company will issue a press release with quarterly results and management commentary, followed by an analyst Q&A session via webcast at 5 p.m. Eastern Time.
The earnings announcement and webcast will be accessible through the company's investor relations website. PLBY Group operates as a global pleasure and leisure company, with the Playboy brand available in approximately 180 countries.
PLBY Group has announced the appointment of Gyorgy Gattyan to its Board of Directors, expanding the board from five to seven directors, with one seat currently vacant. This appointment follows a long-term license agreement with Byborg Enterprises and significant investments totaling $47.79 million from a Byborg affiliate controlled by Gattyan, with $25.44 million pending stockholder approval.
Gattyan brings over 10 years of experience as an entrepreneur and digital technology executive. He is the CEO of Docler Holding S.a.r.l., a multinational IT, media, and entertainment company he founded in 2013. He also founded LiveJasmin, a webcam platform, in 2001. The appointment aligns with Playboy's strategy to pursue a digital-focused, asset-light business model.
PLBY Group (NASDAQ: PLBY) has announced the conversion of 25% of its Series B Convertible Preferred Stock into common stock as part of its balance sheet streamlining and deleveraging strategy. The company converted 7,000 shares of Series B Stock into 3,784,688 common shares at a conversion price of $1.85 per share, representing a 23% premium to the December 2024 securities purchase agreement with Byborg Enterprises SA.
Following the conversion, PLBY Group's outstanding Series B Stock decreased to 21,000.00001 shares, with total common stock outstanding reaching 93,736,325 shares. The company received no proceeds from this conversion but maintains the option to convert additional Series B Stock or redeem it for cash in the future based on common stock price performance.
PLAYBOY magazine announced its return to newsstands on February 10, 2025, with Lori Harvey as the cover model. The reimagined magazine, available for pre-order, will feature an exclusive interview and photo shoot with Harvey, conducted by Editor in Chief Mike Guy. The issue includes a Playboy Interview with comedian Nikki Glaser and marks the return of the Playmate of the Year tradition, with the winner to be unveiled during Big Game Weekend in New Orleans.
The new edition aims to blend the magazine's iconic legacy with contemporary perspectives, featuring a mix of cutting-edge content, bold storytelling, and cultural insights. The magazine will be available at Barnes & Noble locations nationwide, marking a significant milestone in PLAYBOY's publishing history.
PLBY Group has announced its decision to retain Honey Birdette following significant balance sheet improvements after closing the Byborg Enterprises licensing agreement. The company projects approximately $120 million in total revenue for the full year and expects to become cash flow positive in 2025.
The company currently has $36 million in cash on its balance sheet with $120 million in net senior debt, which is expected to decrease to below $100 million by the end of 2025. PLBY Group plans to use the net proceeds from a proposed $25.4 million follow-on investment to reduce senior debt, subject to stockholder approval.
The decision to retain Honey Birdette was based on operational improvements and future growth prospects that are expected to significantly increase its value. The company's transition to an asset-light model, supported by guaranteed royalty and licensing payments, has contributed to a leaner cost structure.
