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1. Company Snapshot

1.a. Company Description

Dolphin Entertainment, Inc., together with its subsidiaries, operates as an independent entertainment marketing and premium content development company in the United States.It operates in two segments, Entertainment Publicity, and Marketing and Content Production.The Entertainment Publicity and Marketing segment offers public relations, entertainment content marketing, strategic communications, social media and digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.


The Content Production segment produces and distributes feature films and digital content.In addition, it offers strategic marketing and publicity services to individuals and corporates in the entertainment, hospitality, and music industries; and marketing direction, public relations counsel, and media strategy for video game publishers, as well as eSports leagues and other entities in the gaming industry.The company was formerly known as Dolphin Digital Media, Inc.


and changed its name to Dolphin Entertainment, Inc.in July 2017.Dolphin Entertainment, Inc.


is headquartered in Coral Gables, Florida.

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1.b. Last Insights on DLPN

Dolphin Entertainment's recent performance was negatively impacted by a lack of significant earnings releases or major business developments. However, the company's efforts to engage and reward retail investors through its "The Pod" shareholder loyalty program, launched in partnership with TiiCKER, have been a notable initiative. The program provides exclusive perks, including gift cards and discount codes to brands like Häagen-Dazs and Francis Ford Coppola Wines. The company's subsidiaries, such as The Digital Dept., have also expanded their services, including influencer marketing and affiliate marketing, which could drive future growth. Additionally, Dolphin's subsidiaries played a significant role in major brand activations during Super Bowl LVIII, showcasing the company's award-winning marketing prowess. The lack of significant business developments and earnings releases has likely contributed to the company's recent performance, but the initiatives mentioned above could have a positive impact on the company's future growth and engagement with retail investors.

1.c. Company Highlights

2. Dolphin Entertainment Posts Strong Q3 with 16.7% Revenue Growth

Dolphin Entertainment reported a robust third quarter with revenue rising 16.7% year-over-year to $14.8 million, driven by the strength of its core subsidiaries and the growing scalability of its cross-selling operating model. The company also reported operating income of $308,296, a significant improvement from the operating loss of $8.2 million in the same period last year. Adjusted operating income was over $1 million for the quarter, reflecting the consistency and strength of the company's core businesses. The earnings per share (EPS) came in at -$0.03, beating analyst estimates of -$0.06.

Publication Date: Nov -20

📋 Highlights
  • Revenue Growth: Q3 revenue rose 16.7% YoY to $14.8M, surpassing 2024’s first nine months revenue.
  • Operating Income Turnaround: Positive operating income of $308K in Q3 vs. $8.2M loss in prior year, with adjusted operating income over $1M.
  • Strategic Cross-Selling: Core subsidiaries’ collaboration (cross-selling) drove scalability and consistent adjusted operating income exceeding $900K.
  • Strong Q4 Outlook: 42 West’s film events and seasonal strength position Q4 as a high-performing quarter, following robust October performance.
  • Strategic Hires & Client Strength: Key hires (e.g., Jesse Bernstein at The Door) and Shore Fire Media’s 35 Grammy nominations highlight talent and client-driven growth.

Revenue Growth Drivers

The company's revenue growth was driven by the strong performance of its subsidiaries, including 42 West, which had a very strong September and October, and is expected to continue its momentum into Q4. The company's cross-selling operating model, which allows its subsidiaries to work together, was also a key driver of growth. As Bill O'Dowd, CEO, noted, "They are working with each other," and this collaboration is yielding positive results.

Valuation Metrics

Looking at Dolphin Entertainment's valuation metrics, the stock trades at a P/S Ratio of 0.37, which suggests that the market is not fully pricing in the company's growth potential. The EV/EBITDA ratio of -32.18 also indicates that the company's valuation is not entirely justified by its current earnings. However, with an ROE of -65.08% and an ROIC of 13.18%, the company is showing signs of improving profitability. Analysts estimate revenue growth of 13.8% for next year, which could potentially drive the stock higher.

Cash Catalysts and Future Prospects

Dolphin Entertainment has several cash catalysts on the horizon, including the expiration of its New York and LA leases, which will save the company over $3 million annually, and the pay-off of its commercial bank loan by 2028, freeing up over $2 million in cash. The company's management has also demonstrated its confidence in the company's future by buying back stock through a 10b5 plan, purchasing 2% of outstanding shares since April. With a strong Q4 expected and a bullish outlook for the company's growth, Dolphin Entertainment's stock may be an attractive opportunity for investors.

3. NewsRoom

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Dolphin Partners with Well Go USA for U.S. Distribution of YOUNGBLOOD

Dec -04

Source: accessnewswire.com

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Elle Communications is Agency of Record for FDA-Cleared Neurostimulation Device

Nov -19

Source: accessnewswire.com

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Dolphin Entertainment, Inc. (DLPN) Q3 2025 Earnings Call Transcript

Nov -12

Source: seekingalpha.com

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Dolphin Announces Record Q3 Revenue of $14.8 Million, up 16.7% YoY

Nov -12

Source: accessnewswire.com

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Dolphin to Host Third Quarter 2025 Earnings Call on November 12 at 4:30 PM ET

Nov -07

Source: accessnewswire.com

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Dolphin Subsidiary Elle Communications Launches "The Shift," a Quarterly Report, Weekly Newsletter, and Live Workshop Series on the Future of Communications

Nov -05

Source: accessnewswire.com

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Dolphin (NASDAQ:DLPN) Named One of Crain's Best Places to Work in NYC 2025

Oct -28

Source: accessnewswire.com

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Dolphin Subsidiary Elle Communications Leads Press For "A Day Of Unreasonable Conversation" Summit At The Getty Center

Oct -15

Source: accessnewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (15.00%)

6. Segments

Entertainment Publicity and Marketing

Expected Growth: 15%

Dolphin Entertainment's 15% growth in Entertainment Publicity and Marketing is driven by increasing demand for influencer marketing, expansion of digital content creation, and strategic partnerships with top entertainment brands. Additionally, the company's expertise in social media management and crisis communications has led to a rise in client acquisitions, further fueling growth.

Content Production

Expected Growth: 20%

Dolphin Entertainment's 20% growth in Content Production is driven by increasing demand for premium content, expansion into new markets, and strategic partnerships. The company's focus on niche genres, such as documentary and children's programming, has also contributed to its growth. Additionally, investments in digital infrastructure and talent acquisition have enhanced production capabilities, further fueling growth.

7. Detailed Products

Content Creation

Dolphin Entertainment, Inc. offers content creation services, including film and television production, music production, and digital media creation.

Marketing and Publicity

The company provides marketing and publicity services, including social media management, influencer partnerships, and event planning.

Talent Management

Dolphin Entertainment, Inc. offers talent management services, including talent scouting, contract negotiation, and career guidance.

Digital Media Distribution

The company provides digital media distribution services, including content delivery, streaming, and download-to-own solutions.

Live Events and Experiences

Dolphin Entertainment, Inc. offers live events and experiences, including concerts, festivals, and brand activations.

8. Dolphin Entertainment, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Dolphin Entertainment, Inc. is medium due to the availability of alternative entertainment options such as streaming services and social media platforms.

Bargaining Power Of Customers

The bargaining power of customers for Dolphin Entertainment, Inc. is low due to the company's strong brand recognition and loyal customer base.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Dolphin Entertainment, Inc. is medium due to the company's dependence on a few key suppliers for content and technology.

Threat Of New Entrants

The threat of new entrants for Dolphin Entertainment, Inc. is high due to the low barriers to entry in the entertainment industry and the increasing popularity of digital media.

Intensity Of Rivalry

The intensity of rivalry for Dolphin Entertainment, Inc. is high due to the highly competitive nature of the entertainment industry and the presence of established players.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 51.88%
Debt Cost 8.13%
Equity Weight 48.12%
Equity Cost 14.06%
WACC 10.98%
Leverage 107.82%

11. Quality Control: Dolphin Entertainment, Inc. passed 1 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Alliance Entertainment Holding

A-Score: 4.1/10

Value: 5.7

Growth: 2.7

Quality: 5.9

Yield: 0.0

Momentum: 10.0

Volatility: 0.7

1-Year Total Return ->

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Stock-Card
Dolphin Entertainment

A-Score: 3.7/10

Value: 8.6

Growth: 4.0

Quality: 3.6

Yield: 0.0

Momentum: 4.0

Volatility: 2.0

1-Year Total Return ->

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Stock-Card
Reservoir Media

A-Score: 3.7/10

Value: 4.5

Growth: 2.6

Quality: 4.5

Yield: 0.0

Momentum: 3.0

Volatility: 7.3

1-Year Total Return ->

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Stock-Card
Reading International

A-Score: 3.6/10

Value: 8.2

Growth: 2.7

Quality: 3.4

Yield: 0.0

Momentum: 4.0

Volatility: 3.3

1-Year Total Return ->

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Stock-Card
AMC Entertainment Holdings

A-Score: 3.4/10

Value: 8.5

Growth: 3.1

Quality: 5.5

Yield: 0.0

Momentum: 1.5

Volatility: 1.7

1-Year Total Return ->

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Stock-Card
HOFRE

A-Score: 3.1/10

Value: 10.0

Growth: 3.7

Quality: 3.6

Yield: 0.0

Momentum: 0.5

Volatility: 0.7

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1.66$

Current Price

1.66$

Potential

-0.00%

Expected Cash-Flows