NASDAQ : DLPN
Dolphin Entertainment, Inc. — Financial statements
Communication Services · Advertising Agencies · United States
Last price 0.95 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 12.37M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Dolphin Entertainment, Inc. (DLPN) reported revenue of 57.69M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 57.69M | 56.70M | 51.68M | 43.12M | 40.51M | 35.73M |
| Cost of Revenue | 3.00M | 2.27M | 3.27M | 872.55K | 3.48M | 3.58M |
| Gross Profit | 54.69M | 54.43M | 48.42M | 42.25M | 37.03M | 32.14M |
| Selling, General & Admin | 54.58M | 52.45M | 48.37M | 45.95M | 38.42M | 31.73M |
| Operating Expenses | 56.83M | 54.81M | 50.75M | 48.20M | 40.17M | 33.64M |
| Operating Income | -2.13M | -379.46K | -2.33M | -5.95M | -3.15M | -1.49M |
| Interest Expense | -2.21M | -2.20M | -2.07M | -2.09M | -864.81K | -785.21K |
| Interest & Investment Income | 2.88K | 309.01K | ||||
| Earnings From Equity Investments | -2.15M | -246.79K | ||||
| Other Non Operating Income (Expenses) | 5.00K | 10.00K | 120.00K | -2.55M | ||
| EBT Excluding Unusual Items | -4.34M | -2.57M | -4.39M | -10.17M | -3.83M | -4.83M |
| Merger & Restructuring Charges | -416.17K | -164.04K | -116.15K | -480.94K | -22.91K | |
| Impairment of Goodwill | -6.67M | -9.48M | -906.34K | |||
| Gain (Loss) on Sale of Assets | 756.57K | 756.57K | ||||
| Asset Writedown | -415.83K | -87.32K | -234.73K | |||
| Other Unusual Items | -785.32K | -1.28M | -4.15M | 701.86K | -1.34M | |
| Pretax Income | -3.58M | -3.02M | -12.52M | -24.34M | -4.60M | -6.42M |
| Income Tax Expense | 61.62K | 69.36K | 87.85K | 53.50K | 176.98K | 37.36K |
| Earnings From Continuing Operations | -3.64M | -3.09M | -12.60M | -24.40M | -4.78M | -6.46M |
| Net Income | -3.64M | -3.09M | -12.60M | -24.40M | -4.78M | -6.46M |
| Net Income to Common | -3.64M | -3.09M | -12.60M | -24.40M | -4.78M | -6.46M |
| Shares Outstanding (Basic) | 12.27M | 11.56M | 10.31M | 7.21M | 4.90M | 3.81M |
| Shares Outstanding (Diluted) | 12.27M | 11.56M | 10.31M | 7.21M | 4.96M | 3.81M |
| EPS (Basic) | -0.30 | -0.27 | -1.22 | -3.39 | -0.98 | -1.70 |
| EPS (Diluted) | -0.30 | -0.27 | -1.22 | -3.39 | -1.11 | -1.70 |
| Free Cash Flow | -4.04M | -2.03M | -159.36K | -5.05M | -4.10M | -1.32M |
| Free Cash Flow Per Share | -0.33 | -0.18 | -0.01 | -0.70 | -0.83 | -0.35 |
| Gross Margin | 94.81% | 96.00% | 93.68% | 97.98% | 91.41% | 89.97% |
| Operating Margin | -3.70% | -0.67% | -4.51% | -13.80% | -7.77% | -4.18% |
| Profit Margin | -6.32% | -5.45% | -24.39% | -56.57% | -11.80% | -18.09% |
| Free Cash Flow Margin | -7.00% | -3.58% | -0.31% | -11.70% | -10.12% | -3.69% |
| EBITDA | 110.18K | 1.98M | 52.79K | -3.70M | -1.40M | 413.53K |
| EBITDA Margin | 0.19% | 3.48% | 0.10% | -8.58% | -3.45% | 1.16% |
| D&A For EBITDA | 2.24M | 2.35M | 2.38M | 2.25M | 1.75M | 1.91M |
| EBIT | -2.13M | -379.46K | -2.33M | -5.95M | -3.15M | -1.49M |
| EBIT Margin | -3.70% | -0.67% | -4.51% | -13.80% | -7.77% | -4.18% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.67M | 8.76M | 8.20M | 6.43M | 6.07M | 7.69M |
| Cash & Short-Term Investments | 7.67M | 8.76M | 8.20M | 6.43M | 6.07M | 7.69M |
| Accounts Receivable | 7.03M | 7.85M | 5.11M | 5.82M | 6.16M | 4.58M |
| Other Receivables | 5.83M | 5.24M | 5.45M | 6.64M | 5.55M | 3.58M |
| Receivables | 12.85M | 13.09M | 10.56M | 12.46M | 16.14M | 9.67M |
| Restricted Cash | 925.00K | 925.00K | 925.00K | 1.13M | 1.13M | 541.88K |
| Other Current Assets | 929.97K | 1.18M | 373.40K | 701.34K | 523.81K | 387.56K |
| Total Current Assets | 22.37M | 23.95M | 20.07M | 20.72M | 23.86M | 18.29M |
| Property, Plant & Equipment | 2.23M | 3.06M | 4.85M | 5.79M | 7.63M | 6.60M |
| Long-Term Investments | 1.25M | |||||
| Goodwill | 21.51M | 21.51M | 21.51M | 25.22M | 29.31M | 20.02M |
| Other Intangible Assets | 6.85M | 7.90M | 10.19M | 11.21M | 11.48M | 6.28M |
| Long-Term Deferred Charges | 516.57K | 520.34K | 594.76K | 2.30M | ||
| Other Long-Term Assets | 1.42M | 1.39M | 1.23M | 1.01M | 1.83M | 1.60M |
| Total Assets | 54.90M | 58.33M | 58.44M | 66.25M | 75.38M | 52.79M |
| Accounts Payable | 2.52M | 3.10M | 2.34M | 6.89M | 4.80M | 942.09K |
| Accrued Expenses | 7.96M | 8.08M | 7.97M | 6.94M | 6.74M | 6.11M |
| Short-Term Debt | 400.00K | 400.00K | 400.00K | 400.00K | ||
| Current Portion of Long-Term Debt | 6.99M | 6.56M | 5.44M | 4.48M | 4.28M | 307.69K |
| Current Portion of Leases | 1.45M | 1.91M | 1.92M | 2.19M | 2.07M | 1.60M |
| Current Unearned Revenue | 1.02M | 794.18K | 341.15K | 1.45M | 1.64M | 406.37K |
| Other Current Liabilities | 8.84M | 7.68M | 8.11M | 5.09M | 5.76M | 5.58M |
| Total Current Liabilities | 29.18M | 28.53M | 26.51M | 27.45M | 25.29M | 14.95M |
| Long-Term Debt | 17.98M | 18.17M | 16.56M | 14.44M | 9.46M | 5.87M |
| Long-Term Leases | 1.02M | 1.47M | 3.31M | 4.07M | 6.01M | 5.13M |
| Long-Term Deferred Tax Liabilities | 499.21K | 463.91K | 394.55K | 306.69K | 253.19K | 76.21K |
| Other Long-Term Liabilities | 18.91K | 23.91K | 272.74K | 3.82M | ||
| Total Liabilities | 48.68M | 48.64M | 46.79M | 46.30M | 41.29M | 29.86M |
| Common Stock | 195.38K | 183.32K | 166.69K | 136.65K | 185.11K | 120.31K |
| Additional Paid-In Capital | 159.62M | 158.81M | 157.69M | 153.43M | 143.12M | 127.25M |
| Retained Earnings | -153.60M | -149.30M | -146.21M | -133.61M | -109.21M | -104.43M |
| Total Common Equity | 6.22M | 9.69M | 11.64M | 19.96M | 34.09M | 22.93M |
| Shareholders' Equity | 6.22M | 9.69M | 11.65M | 19.96M | 34.09M | 22.93M |
| Total Liabilities & Equity | 54.90M | 58.33M | 58.44M | 66.25M | 75.38M | 52.79M |
| Total Debt | 27.84M | 28.52M | 27.62M | 25.59M | 21.82M | 12.92M |
| Net Cash (Debt) | -20.17M | -19.76M | -19.42M | -19.15M | -15.75M | -5.23M |
| Net Cash Per Share | -1.64 | -1.71 | -1.88 | -2.66 | -3.17 | -1.37 |
| Filing Date Shares Outstanding | 13.03M | 12.42M | 11.17M | 9.33M | 6.31M | 4.55M |
| Total Common Shares Outstanding | 13.03M | 12.22M | 11.16M | 9.11M | 6.17M | 4.01M |
| Working Capital | -6.81M | -4.58M | -6.45M | -6.73M | -1.42M | 3.33M |
| Book Value Per Share | 0.48 | 0.79 | 1.04 | 2.19 | 5.52 | 5.72 |
| Tangible Book Value | -22.14M | -19.72M | -20.05M | -16.47M | -6.71M | -3.37M |
| Tangible Book Value Per Share | -1.70 | -1.61 | -1.80 | -1.81 | -1.09 | -0.84 |
| Machinery | 3.94M | 3.94M | 4.31M | 3.22M | 2.66M | |
| Leasehold Improvements | 784.40K | 784.40K | 784.40K | 505.42K | 505.43K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -3.64M | -3.09M | -12.60M | -24.40M | -4.78M | -6.46M |
| Depreciation & Amortization | 2.24M | 2.35M | 2.38M | 2.25M | 1.75M | 1.91M |
| Other Amortization | 142.87K | 128.02K | 1.80M | 109.30K | ||
| Loss (Gain) From Sale of Assets | -756.57K | -756.57K | 48.46K | |||
| Asset Writedown & Restructuring Costs | 118.86K | 88.13K | 6.67M | 9.90M | 1.09M | 234.73K |
| Loss (Gain) on Equity Investments | 2.15M | 246.79K | ||||
| Stock-Based Compensation | 12.40K | 12.40K | 364.65K | 354.96K | 215.53K | |
| Provision & Write-off of Bad Debts | 557.92K | 441.88K | 505.17K | 919.67K | 411.30K | 327.89K |
| Other Operating Activities | -241.61K | 680.85K | 1.37M | 4.67M | -362.76K | 3.95M |
| Change in Accounts Receivable | -2.00M | -3.54M | 1.75M | -667.17K | -539.55K | -3.24M |
| Change in Accounts Payable | -644.90K | 758.67K | -4.55M | 1.52M | 812.27K | -352.82K |
| Change in Unearned Revenue | -566.49K | 448.50K | -1.11M | -100.58K | -938.31K | -40.11K |
| Change in Other Net Operating Assets | 744.20K | 444.52K | 3.27M | -1.73M | -1.94M | 2.32M |
| Operating Cash Flow | -4.03M | -2.03M | -157.85K | -5.02M | -4.03M | -1.32M |
| Capital Expenditures | -1.88K | -1.12K | -1.51K | -29.00K | -72.20K | |
| Cash Acquisitions | -1.19M | -4.51M | -4.74M | -525.86K | ||
| Divestitures | 234.19K | 234.19K | ||||
| Investment in Securities | -1.00M | |||||
| Other Investing Activities | -1.27M | -3.11M | -1.50M | |||
| Investing Cash Flow | 232.31K | 233.07K | -2.46M | -4.54M | -7.92M | -3.03M |
| Long-Term Debt Issued | 5.05M | 4.52M | 9.83M | 6.05M | 5.95M | |
| Total Debt Issued | 4.73M | 5.05M | 4.52M | 9.83M | 6.05M | 5.95M |
| Short-Term Debt Repaid | -400.00K | -400.00K | ||||
| Long-Term Debt Repaid | -1.82M | -1.09M | -3.41M | -343.40K | -997.04K | |
| Total Debt Repaid | -1.87M | -2.22M | -1.49M | -3.41M | -343.40K | -997.04K |
| Net Debt Issued (Repaid) | 2.86M | 2.83M | 3.03M | 6.42M | 5.71M | 4.95M |
| Issuance of Common Stock | 1.19M | 4.16M | 5.80M | |||
| Other Financing Activities | -93.47K | -486.00K | -33.67K | -670.26K | -600.00K | -1.02M |
| Financing Cash Flow | 2.77M | 2.35M | 4.18M | 9.92M | 10.91M | 3.94M |
| Net Cash Flow | -1.03M | 552.74K | 1.57M | 362.84K | -1.03M | -406.75K |
| Free Cash Flow | -4.04M | -2.03M | -159.36K | -5.05M | -4.10M | -1.32M |
| Free Cash Flow Margin | -7.00% | -3.58% | -0.31% | -11.70% | -10.12% | -3.69% |
| Free Cash Flow Per Share | -0.33 | -0.18 | -0.01 | -0.70 | -0.83 | -0.35 |
| Levered Free Cash Flow | -2.79M | -1.55M | 2.60M | 2.61M | -1.92M | -2.14M |
| Unlevered Free Cash Flow | -1.45M | -208.12K | 3.88M | 3.81M | -1.38M | -1.65M |
| Cash Interest Paid | 2.18M | 2.02M | 1.79M | 1.76M | 677.08K | 916.54K |
| Change in Working Capital | -2.47M | -1.89M | -644.85K | -979.22K | -2.60M | -1.32M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 12.77M | 18.91M | 11.94M | 31.02M | 18.49M | 67.66M |
| Enterprise Value | 32.94M | 40.37M | 31.62M | 50.55M | 27.48M | 71.48M |
| Last Close Price | 0.95 | 1.56 | 1.07 | 3.42 | 3.62 | 17.04 |
| Forward PE | 83.50 | 14.62 | 8.28 | 37.41 | 47.33 | |
| PS Ratio | 0.21 | 0.33 | 0.23 | 0.72 | 0.46 | 1.89 |
| PB Ratio | 1.99 | 1.95 | 1.03 | 1.55 | 0.54 | 2.95 |
| EV/Sales Ratio | 0.56 | 0.71 | 0.61 | 1.17 | 0.68 | 2.00 |
| EV/EBITDA Ratio | 295.42 | 20.44 | 599.01 | 172.86 | ||
| Debt / Equity Ratio | 4.48 | 2.94 | 2.37 | 1.28 | 0.64 | 0.56 |
| Debt / EBITDA Ratio | 12.51 | 7.06 | 11.56 | 26.85 | 4.14 | |
| Net Debt / Equity Ratio | 3.24 | 2.04 | 1.67 | 0.96 | 0.46 | 0.23 |
| Net Debt / EBITDA Ratio | 183.11 | 10.01 | 367.80 | -5.18 | -11.28 | 12.64 |
| Net Debt / FCF Ratio | -5.00 | -9.74 | -121.84 | -3.80 | -3.84 | -3.96 |
| Asset Turnover | 1.02 | 0.97 | 0.83 | 0.61 | 0.63 | 0.70 |
| Quick Ratio | 0.70 | 0.77 | 0.71 | 0.69 | 0.70 | 1.06 |
| Current Ratio | 0.77 | 0.84 | 0.76 | 0.76 | 0.94 | 1.22 |
| Return on Equity (ROE) | -51.60% | -28.95% | -79.76% | -90.28% | -16.77% | -30.34% |
| Return on Assets (ROA) | -2.35% | -0.41% | -2.33% | -5.25% | -3.07% | -1.83% |
| Return on Invested Capital (ROIC) | -7.79% | -1.25% | -6.64% | -13.38% | -8.07% | -5.23% |
| Return on Capital Employed (ROCE) | -8.30% | -1.30% | -7.30% | -15.30% | -6.30% | -3.90% |
| Earnings Yield | -30.30% | -16.33% | -105.53% | -78.64% | -25.86% | -9.55% |
| FCF Yield | -32.62% | -10.73% | -1.33% | -16.27% | -22.17% | -1.95% |
| Buyback Yield / Dilution | -10.05% | -12.14% | -43.02% | -45.19% | -30.36% | -19.30% |