- Dolphin Entertainment (DLPN, Financial) reports Q1 2025 core EPM revenue at $12.1 million, up 2% YoY.
- Total revenue decreased to $12.2 million, a 19.7% decline from Q1 2024.
- CEO Bill O'Dowd initiates a 10b5-1 stock purchase plan to demonstrate confidence in the company's future.
Dolphin Entertainment (DLPN) announced its financial results for the first quarter of 2025, revealing a 2% year-over-year increase in core Entertainment Publicity and Marketing (EPM) revenue to $12.1 million. However, total revenue fell by 19.7% to $12.2 million, attributed largely to the absence of $3.4 million in production revenue from "The Blue Angels" that had been recorded in Q1 2024.
The company faced financial pressure, reporting an operating loss of $1.8 million compared to an operating income of $0.2 million the previous year. The net loss for the quarter widened significantly to $2.3 million ($0.21 per share), from $0.3 million ($0.04 per share) in Q1 2024.
Despite these challenges, Dolphin is focusing on strategic growth initiatives, including investments in women's sports through its venture Always Alpha, co-founded with Allyson Felix. Additionally, the company launched a new affiliate marketing division under The Digital Dept, aimed at expanding revenue streams.
CEO Bill O'Dowd has shown confidence in Dolphin's future prospects by initiating a 10b5-1 stock purchase plan in April 2025. This follows his personal investment of $100,000 in company stock during the second half of 2024.
Dolphin was named Agency of the Year on the 2025 Observer PR Power List, highlighting the company's continued influence and reach in the entertainment marketing industry.
