DLPN

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Revenue growth of 2.5% for the quarter was driven by high-profile agency presence at major industry events including Cannes Lions, Tribeca Film Festival, and Comic-Con. Management launched Graviteur Studios, a production vehicle designed to capitalize on the 'gravitational pull' of creators and influencers across streaming, television, and theatrical platforms. The core business is transitioning toward significantly improved free cash flow as legacy bank debt and high-cost New York and Los Angeles leases roll off over the next two years. Profitability in Q2 was temporarily suppressed by approximately $360,000 in one-time retention bonuses and an additional $360,000 in elevated litigation-related professional fees. The company utilizes a 'marketing consortium' model, leveraging its existing PR and influencer agencies to provide a built-in marketing engine for new internal ventures. Management remains highly aligned with shareholders, with the CEO expecting to surpass a 5% ownership stake via an active 10b5-1 buying plan. Management expects a 'real step up' in profitability for Q3 2026 as non-recurring retention bonuses and elevated legal fees roll off the balance sheet. The DealMaker partnership is expected to launch its first venture before the end of 2026, with a goal of scaling to three or four deals annually to create a steady pipeline of equity upside. The Digital Department is entering its 'prime season,' with management citing encouraging signs in August for the critical back-to-school and holiday brand campaign period. Future cash flow improvements are structurally locked in, with $2.2 million in annual debt service ending in late 2028 and $1 million in annual lease savings starting in late 2027. Strategic focus for the second half of 2026 includes securing a 'signature client' for the Dolphin Intelligence AI service to establish it as a standalone revenue stream. Approximately $127 million in Net Operating Losses (NOLs) are available to shield future cash flow gains from taxation as the company reaches profitability. The DealMaker and Graviteur ventures are structured to require zero capital from Dolphin's balance sheet, instead generating cash marketing fees alongside equity stakes. International sales for the film 'Youngblood' are dependent on upcoming film markets in Toronto and Los Angeles, as a domestic streaming deal has not yet materialized. Litigation costs remained elevated at $360,000 for the quarter, though management anticipates these will return to 'normal levels' starting in Q3. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management intends to finance creator-led films by laying off risk to third-party distributors or splitting costs, similar to the model used for 'Blue Angels.' The studio focuses on low-budget, high-ROI projects, noting that creator-led films can achieve massive box office success with production budgets around $1 million. Visibility into the second half of the year is high, as brand contracts for holiday campaigns typically firm up by September. Management expressed confidence that the division will grow year-over-year based on early August indicators. The DealMaker partnership provides a 'one-two punch' of access to capital and best-in-class marketing, allowing Dolphin to earn both cash fees and equity without capital outlay. The Copper Books partnership offers national distribution through Simon & Schuster, serving as a unique business development tool to attract high-profile PR clients who wish to publish books.

Q2'26 Revenue Rises 2.5% YoY to $14.4 Million; H1'26 Revenue Up 3.8% YoY to $27.2 Million MIAMI, FL / ACCESS Newswire / August 12, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the second quarter ended June 30, 2026. Bill O'Dowd, CEO of Dolphin, commented: "Total revenue for the second quarter grew 2.5% year-over-year to $14.4 million, and revenue for the first half of 2026 grew 3.8% to $27.2 million, continuing the top-line growth trend we saw in the first quarter. Our underlying business performed well across the portfolio this quarter. Turning to the bottom line, net loss increased slightly to $1.6 million from $1.4 million in the prior year period. The net loss was impacted by retention bonuses paid to certain employees during the quarter ended June 30, 2026 in the amount of $360,000 and increased legal and professional fees, including approximately $360,000 of litigation-related legal costs. The retention bonuses are not intended to recur and the legal fees are expected to moderate going forward. Taken together, we believe the underlying trajectory of the business remains strong, and we expect a meaningful sequential improvement in profitability in the third quarter as both headwinds subside. I'd like to also reiterate that following several years of acquisitions and growth-related investment, Dolphin is well positioned to realize the benefits of that work. We continue to operate in highly attractive sectors, and with rising underlying profitability, modest capex requirements, and approximately $127 million in NOL carryforwards, we remain confident in our ability to generate meaningful free cash flow in the periods ahead. Finally, with insiders holding a substantial stake in the company, management remains deeply aligned with shareholders in the pursuit of long-term value. In fact, under the 10(b)(5) buying plan currently in place for myself, I expect to own over 5% of the DLPN common stock in the next week or two. A few other recent highlights: we continue to make progress with our DealMaker partnership and remain on track to bring our first deal to market this year, and we launched Graviteur Studios, a new creator-led content venture with KYNETIC Media Ventures. We would also remind investors that our bank debt matures in just over two years, which will free up nearly $2.2 million in annual principal and interest payments, and we continue to anticipate roughly $1 million in annualized lease savings once our large New York City and Los Angeles leases expire in the second half of 2027. Given our NOLs, which substantially shield us from cash taxes, the bulk of these combined savings should flow directly to the bottom line, providing a further tailwind to free cash flow." Q2 2026 and Recent Highlights Total revenue for the three months ended June 30, 2026, was $14.4 million, an increase of 2.5% from $14.1 million last year. Total revenue for the six months ended June 30, 2026, was $27.2 million, an increase of 3.8% from $26.3 million last year. Operating loss was $1.0 million for the three months ended June 30, 2026, compared to an operating loss of $0.1 million for the three months ended June 30, 2025. Operating expenses for Q2 2026 were $15.5 million, including non-cash expenses of $0.5 million related to depreciation and amortization, approximately $0.4 million of non-recurring retention bonuses at certain subsidiaries, and legal and professional fees higher than usual due to litigation costs of approximately $0.4 million. This compares to operating expenses of $14.1 million in Q2 2025. Net loss for Q2 2026 was $1.6 million as compared to a net loss of $1.4 million for Q2 2025. Basic and diluted loss per share for Q2 2026 was $(0.13) based on 12,848,706 weighted average shares outstanding, compared to basic and diluted loss per share in Q2 2025 of $(0.13) based on 11,168,572 and 11,232,511 weighted average shares outstanding, respectively. Adjusted EBITDA for Q2 2026 was approximately $243,000, compared to approximately $628,000 in Q2 2025. Adjusted EBITDA basic and diluted earnings per share for Q2 2026 was $0.02 based on 12,848,706 weighted average shares outstanding, compared to $0.06 basic earnings per share for Q2 2025 based on 11,168,572 weighted average shares outstanding and $0.04 fully diluted earnings per share for Q2 2025 based on 17,426,405 weighted average shares outstanding. Cash and cash equivalents were $7.7 million as of June 30, 2026, compared to $8.8 million as of December 31, 2025. Dolphin Launched Graviteur Studios, a creator-led, content venture, in partnership with KYNETIC Media Ventures Continued to advance the DealMaker partnership, targeting the Company's first deal to market later this year Subsidiaries and clients had a successful showing at the Cannes Lions Festival of Creativity and the Cannes Film Festival Subsidiaries powered high-profile campaigns at San Diego Comic-Con 2026 42West Delivered a standout film and TV slate at the 25th Tribeca Film Festival Landed multiple nominations for clients at the 78th Emmy Awards Drove high-profile campaigns at Anime Expo 2026 for Nebula17, TOHO International and GKIDS Shore Fire Media Client Handcraft Entertainment partnered with Takasago to develop fragrances, flavors and consumer products defining the world of "global" J-Pop The Door Named Agency of Record for Palm Tree Crew amid the lifestyle brand's expansion into hospitality, real estate and golf The Door's DISRPT division represented U.S. SailGP around major U.S. race events Elle Communications Clients took the stage at the NEXUS Global Summit 2026 The Digital Dept. Partnered with Vidcon to power a featured creator gifting lounge at Vidcon Anaheim 2026 Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call. Date: August 12, 2026Time: 4:30pm ETToll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 402529Webcast: https://www.webcaster5.com/Webcast/Page/2225/54390 Replay Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 403685Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/54390 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 (DLPN) 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 CarbonaraHAYDEN IR(646)[email protected] ABOUT DOLPHIN: Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio - developing and investing in breakthrough content, products and experiences - and a marketing consortium, featuring leading agencies across every communications discipline. At its core, the venture studio creates, produces, finances, markets and promotes new businesses and cultural ideas - ranging from acclaimed film, television and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including No. 1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100 and the PRNEWS Agency Elite Top 120. Follow us on Instagram. DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) Use of Non-GAAP Financial Measures In order to provide greater transparency regarding our operating performance, the financial results in this press release refer to non-GAAP financial measures that involve adjustments to GAAP results. Non-GAAP financial measures exclude certain income and/or expense items that management deems are not directly attributable to the Company's core operating results and/or certain items that are inconsistent in amounts and frequency, making it difficult to perform a meaningful evaluation of our current or past operating performance. Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") is defined by Dolphin as net (loss) or income adjusted for (i) interest, (ii) taxes, (iii) depreciation and amortization, (iv) acquisition costs, (v) change in fair value of convertible note, (vi) allowance for credit losses, (vii) litigation costs, (viii) loss on extinguishment of debt, and (ix) other one-time or non-cash costs. Beginning this quarter, the Company is also presenting Adjusted EPS. Adjusted EPS is calculated by dividing Adjusted EBITDA by the weighted average number of basic and diluted shares outstanding for periods in which the Company reports Adjusted EBITDA consistent with the Company's convention for GAAP earnings per share. Management believes that the presentation of operating results using this non-GAAP financial measure provides useful supplemental information for investors by providing them with the non-GAAP financial measure used by management for financial and operational decision making, planning and forecasting and in managing the business. This non-GAAP financial measure does not replace the presentation of financial information in accordance with U.S. GAAP. These non-GAAP financial results should not be considered a measure of liquidity and are unlikely to be comparable to non-GAAP financial measures provided by other companies. Reconciliation of GAAP Net Loss to Non-GAAP Adjusted EBITDA Reconciliation of GAAP loss per share to Non-GAAP earnings per share (based on Adjusted EBITDA) Includes income tax expense and allowance for credit losses for the three and six months ended June 30, 2026 and 2025 for which the per share adjustments are inconsequential. SOURCE: Dolphin Entertainment View the original press release on ACCESS Newswire

MIAMI, FL / ACCESS Newswire / August 6, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and content production company, announced today it will host a conference call to discuss financial results for its second quarter ended June 30, 2026, on August 12, 2026, at 4:30pm ET. Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call. Date: August 12, 2026Time: 4:30pm ETToll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 402529Webcast: https://www.webcaster5.com/Webcast/Page/2225/54390 Replay Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 403685Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/54390 ABOUT DOLPHIN: Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio-developing and investing in breakthrough content, products, and experiences-and a marketing consortium, featuring leading agencies across every communications discipline. At its core, the venture studio creates, produces, finances, markets, and promotes new businesses and cultural ideas - ranging from acclaimed film, television, and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality, and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including #1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100, and the PR News Elite 120. Follow us on Instagram here. 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 CarbonaraHAYDEN IR(646)[email protected] SOURCE: Dolphin Entertainment View the original press release on ACCESS Newswire

This article first appeared on GuruFocus. Release Date: May 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Dolphin Entertainment Inc (NASDAQ:DLPN) reported a 5.2% increase in total revenue for Q1 2026, reaching $12.8 million. The company reduced its adjusted EBITDA loss by 25% year-over-year, indicating improved operational efficiency. Dolphin Entertainment Inc (NASDAQ:DLPN) has significant free cash flow potential due to low capital expenditure requirements and substantial net operating loss carry-forwards. The company announced a new publishing imprint venture with Copper Books and Simon & Schuster, which requires zero capital investment and offers 15% of the revenue. Dolphin Entertainment Inc (NASDAQ:DLPN) expects to realize significant annual cash flow savings from expiring leases and maturing bank debt, totaling over $3 million. The company's operating loss increased to $2.1 million in Q1 2026 from $1.8 million in the same period in 2025. Net loss for Q1 2026 was $2.7 million, compared to a net loss of $2.3 million in Q1 2025. Operating expenses rose to $14.9 million in Q1 2026, partly due to $900,000 in legal and professional fees and a $700,000 one-time distribution guarantee cost. Basic and diluted loss per share increased to $0.22 in Q1 2026 from $0.21 in Q1 2025. The company is still in the early stages of its Dealmaker Partnership, with the first deal expected later in the year, indicating potential delays in revenue realization from this initiative. Warning! GuruFocus has detected 5 Warning Signs with DLPN. Is DLPN fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide an update on the Dealmaker Partnership and its expected impact on Dolphin's business? A: Bill O'Dowd, CEO, stated that they had a productive vetting call with Dealmaker and are confident in announcing their first deal by the end of the year. Each deal is expected to generate six-figure marketing revenue, and they aim to have multiple deals per year, starting with one to establish a rhythm. Q: Regarding the partnership with Copper Books, how does the 15% revenue share work, and what are your expectations for this venture? A: Bill O'Dowd explained that the 15% revenue share comes from the author's earnings and any consulting fees required to market the book. This partnership allows Dolphin to offer premium book publishing services without capital investment, leveraging their existing client base and expertise in marketing. Q: Is there any revenue from the Youngblood movie this quarter, and are there updates on a potential streaming deal? A: Bill O'Dowd confirmed $450,000 in revenue from U.S. sales of Youngblood. The movie entered pay-per-view through a sub-distribution deal with Universal, showing promising sales. They plan to use these results to negotiate a favorable streaming deal, with updates expected in the next earnings call. Q: How is the Dolphin Intelligence marketing initiative progressing, and what are the future plans? A: The initiative, led by Mark Anderson, has signed its first clients for audits to improve AI search visibility. Dolphin plans to build momentum, with team members attending the Cannes Marketing Conference to further explore AI and influencer marketing opportunities. Q: What is Dolphin's current stance on mergers and acquisitions (M&A)? A: Bill O'Dowd mentioned that while they are not actively pursuing acquisitions, they remain open to opportunities that align with their strategic goals. The focus is on leveraging existing ventures like the Dealmaker Partnership for significant growth, rather than incremental acquisitions. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Q1'26 Revenue Rises 5.2% YoY to $12.8M Reiterates Expectations for Continued Revenue Growth, Significant Free Cash Flow Generation, and Adjusted EBITDA Margin Expansion in 2026 MIAMI, FL / ACCESS Newswire / May 12, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the first quarter ended March 31, 2026. Bill O'Dowd, CEO of Dolphin, commented: "While the first quarter is historically our lightest due to normal business seasonality, we are pleased to report continued top-line growth, with total revenue increasing 5.2% year over year to $12.8 million. Furthermore, we reduced our Adjusted EBITDA loss by 25% year-over-year. We emphasize Adjusted EBITDA because, given our significant non-cash amortization expenses and minimal capital expenditures, it is a much more accurate reflection of our true cash flow potential than operating income. As noted in our prior quarter's remarks, following several years of acquisitions and growth-related investment, Dolphin is now well positioned to realize the benefits of that work. We continue to operate in highly attractive sectors, and with rising profitability, modest capex requirements, and $127 million in NOL carryforwards, we remain confident in our ability to generate meaningful free cash flow in the periods ahead. Finally, with insiders holding a substantial stake in the company, management remains deeply aligned with shareholders in the pursuit of long-term value. Looking ahead, we are excited about the rest of 2026, 2027, and beyond. In addition to organic improvements in our existing business, there are readily identifiable catalysts that should increase earnings even more. We are making progress with our DealMaker partnership, and we just announced a publishing imprint venture with Copper Books and Simon & Schuster that allows us to offer premium book publishing services to our clients with no upfront capital required from Dolphin. We would also remind investors that our bank debt matures in less than two and a half years, which will free up nearly $2.2 million in annual principal and interest payments. Looking a bit further out, we continue to anticipate roughly $1 million in annualized lease savings once our large New York City and Los Angeles leases expire in the second half of 2027. Given our NOLs, which substantially shield us from cash taxes, the bulk of these combined savings should flow directly to the bottom line, providing a further tailwind to free cash flow". Q1 2026 and Recent Highlights Total revenue for the three months ended March 31, 2026, was $12.8 million, an increase of 5.2% from $12.2 million last year. Operating loss was $2.1 million for the three months ended March 31, 2026, compared to an operating loss of $1.8 million for the three months ended March 31, 2025. Operating expenses for Q1 2026 were $14.9 million, including non-cash expenses of $0.5 million related to depreciation and amortization, a one-time non-recurring distribution guarantee of $0.7 million and legal and professional fees higher than usual due to litigation costs of approximately $0.2 million. This compares to operating expenses of $13.9 million in Q1 2025, including depreciation and amortization of $0.6 million and acquisition costs of approximately $0.4 million. Net loss for Q1 2026 was $2.7 million as compared to a net loss of $2.3 million for Q1 2025. Basic and diluted loss per share for Q1 2026 was $(0.22) based on 12,327,974 weighted average shares outstanding compared to basic and diluted loss per share in Q1 2025 of $(0.21) based on 11,162,026 weighted average shares outstanding. Adjusted EBITDA loss for Q1 2026 of approximately $(467,000) improved by 25% compared to approximately $(625,000) in Q1 2025. Dolphin Subsidiary clients shaped the Summer 2026 season with culture-defining festivals and events CEO was featured on Variety's "Strictly Business" podcast and discussed the creator economy's transformation of marketing and consumer product launches Expanded Miami footprint to support continued growth across subsidiaries Partnered with DealMaker to unlock community capital for celebrity and influencer brands Powerhouse subsidiaries led major brand activations during Super Bowl LX 42West Drove global film publicity at CinemaCon 2026 Delivered marquee talent and a standout film slate at the 2026 SXSW Festival, featuring a company-record 16 world premiere titles and three audience award-winners Celebrated an Oscar win as "Mr. Nobody Against Putin" took Best Documentary Feature at the 98th Academy Awards Clients presented, performed, and took home honors at the 2026 GRAMMY Awards (in partnership with Shore Fire Media) Landed six nominations for clients at the 98th Academy Awards Brought exciting and diverse projects to the 2026 Sundance Film Festival Shore Fire Media Client and Afrobeat pioneer Fela Kuti became the first African solo artist to be inducted into the Rock & Roll Hall of Fame Clients earned 9 nominations for Independent Music's top awards Partnered with The Door on the launch of Pawn Shop, a new sports-driven hospitality concept Clients presented, performed, and took home honors at the 2026 GRAMMY Awards (in partnership with 42West) The Door Partnered with Shore Fire Media on the launch of Pawn Shop, a new sports-driven hospitality concept Launched a Miami hub, expanding Dolphin's South Florida presence DISRPT Agency, a division of The Door, powered "Art of Glam" during Oscars week, driving cultural momentum into Camille Rose's upcoming Beaut￩ Noir Elle Communications Client Harbor Fund announced Sundance Mountain Resort as the new long-term home of Harbor Film Forum The Digital Dept. Signed reality TV show stars, top beauty creators, and more Youngblood As hockey had a Hollywood moment, Dolphin's adaptation of the cult classic Youngblood premiered in Los Angeles Partnered with Vaneast Pictures to bring the sports drama Youngblood to Berlin for international sales Official trailer and key art were released for Hubert Davis' adaptation of the hockey classic "Youngblood" Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call. Date: May 12, 2026 Time: 4:30pm ET Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 364505 Webcast: https://www.webcaster5.com/Webcast/Page/2225/53967 Replay Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 53967 Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/53967 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 [email protected] ABOUT DOLPHIN: Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio-developing and investing in breakthrough content, products, and experiences-and a marketing consortium, featuring leading agencies across every communications discipline. At its core, the venture studio creates, produces, finances, markets, and promotes new businesses and cultural ideas - ranging from acclaimed film, television, and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality, and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including #1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100, and the PR News Elite 120. Follow us on Instagram here. DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)   DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Use of Non-GAAP Financial Measures In order to provide greater transparency regarding our operating performance, the financial results in this press release refer to a non-GAAP financial measure that involves adjustments to GAAP results. Non-GAAP financial measures exclude certain income and/or expense items that management deems are not directly attributable to the Company's core operating results and/or certain items that are inconsistent in amounts and frequency, making it difficult to perform a meaningful evaluation of our current or past operating performance. Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") is defined by Dolphin as net (loss) or income adjusted for (i) interest, (ii) taxes, (iii) depreciation and amortization, (iv) acquisition costs, (v) change in fair value of convertible note, (vi) allowance for credit losses, (vii) litigation costs; (viii) other one-time or non-cash costs. Management believes that the presentation of operating results using this non-GAAP financial measure provides useful supplemental information for investors by providing them with the non-GAAP financial measure used by management for financial and operational decision making, planning and forecasting and in managing the business. This non-GAAP financial measure does not replace the presentation of financial information in accordance with U.S. GAAP. These non-GAAP financial results should not be considered a measure of liquidity and is unlikely to be comparable to non-GAAP financial measures provided by other companies. Reconciliation of GAAP net loss to non-GAAP Adjusted EBITDA loss SOURCE: Dolphin Entertainment View the original press release on ACCESS Newswire

MIAMI BEACH, FL / ACCESS Newswire / May 11, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and content production company, announced today it will host a conference call to discuss financial results for its first quarter ended March 31, 2026 on May 12, 2026, at 4:30pm ET. Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call. Date: May 12, 2026 Time: 4:30pm ET Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 364505 Webcast: https://www.webcaster5.com/Webcast/Page/2225/53967 Replay Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 53967 Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/53967 ABOUT DOLPHIN: Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio-developing and investing in breakthrough content, products, and experiences-and a marketing consortium, featuring leading agencies across every communications discipline. At its core, the venture studio creates, produces, finances, markets, and promotes new businesses and cultural ideas - ranging from acclaimed film, television, and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality, and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including #1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100, and the PR News Elite 120. Follow us on Instagram here. 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 [email protected] SOURCE: Dolphin Entertainment View the original press release on ACCESS Newswire

Transitioned from an 8-year acquisition-led strategy to a focus on organic growth and infrastructure integration, resulting in 27% year-over-year revenue growth in Q4 2025. Demonstrated significant operating leverage by tripling full-year adjusted EBITDA on only 10% revenue growth, showing the platform's ability to convert incremental revenue into profit. Attributed performance to the 'cross-selling powerhouse' created by vertical scale in earned media and horizontal scale across pop culture segments. Emphasized a capital-light business model where incremental EBITDA converts almost directly to free cash flow due to minimal CAPEX requirements and $127 million in tax-shielding NOLs. Launched Dolphin Intelligence to capitalize on the 'new golden age of earned media,' where AI models prioritize credible editorial content over traditional advertising. Maintained a disciplined venture strategy of contributing marketing expertise and relationships rather than balance sheet capital to secure equity stakes with asymmetric upside. Expects adjusted EBITDA to continue growing significantly faster than revenue in 2026 as the company benefits from high flow-through on existing infrastructure. Anticipates incremental revenue contributions from the DealMaker partnership and Dolphin Intelligence services to ramp specifically in the second half of 2026. Projects approximately $1 million in annualized lease savings following the expiration of the New York lease at the end of 2025 and the Los Angeles lease at the end of 2027. Targets full repayment of bank debt by September 2028, which management expects will further reduce interest expense and enhance net profit margins. Assumes historical seasonality will persist, with the first quarter typically being the lightest and revenue building toward a peak in the fourth quarter. Recorded a $6.7 million goodwill impairment and $1.3 million notes receivable write-off in the prior year (2024), which normalized the 2025 comparative operating loss. Acknowledged that the theatrical window for the feature film 'Youngblood' underperformed, though management remains optimistic about the upcoming streaming and digital distribution tail. Identified contractual lease expirations in New York (late 2026) and Los Angeles (late 2027) as non-speculative drivers for future bottom-line improvement. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Dolphin expects to earn six-figure annual marketing fees per brand plus equity stakes, focusing on raises between $0.5 million and $5 million that traditional banks often overlook. Management noted a robust pipeline from Hollywood talent agencies and expects to be in the market with the first joint capital raise by summer 2026. The division serves as both a high-margin advisory service for existing clients (AI readiness audits) and a business development tool to attract larger brands. Management views generative engine optimization as a critical new service because consumer behavior is shifting toward asking AI models for product recommendations at the point of purchase. Management expressed confidence in continued organic growth, emphasizing that even if revenue growth fluctuates, the focus remains on expanding margins from the current 5% toward double digits. The strategy relies on three 'dominoes' of cash flow catalysts: lease expirations in 2026/2027 and bank debt maturity in 2028. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

2025 Revenue Rises 10% to $56.7M; Q4'25 Revenue Up 27% YoY to $15.6M 2025 Net Loss Decreases by $9.5M and 2025 Adjusted EBITDA More than Triples to $2.9M compared to 2024 Q4'25 Net Income of $1.0M vs. Net Loss of $2.0M in Q4 24 Q4'25 Adjusted EBITDA Swings to $1.7M Profit vs. $(0.5)M Year-Ago Loss Expects Continued Revenue Growth and Adjusted EBITDA Margin Expansion in 2026 MIAMI, FL / ACCESS Newswire / March 25, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the fourth quarter and full year ended December 31, 2025. Bill O'Dowd, CEO of Dolphin, stated: "2025 marked a turning point for Dolphin. After several years of strategic acquisitions and growth investments, we are now reaping the benefits. Full-year revenue grew approximately 10% to $56.7 million, with fourth quarter revenue up 27% year-over-year to $15.6 million. Full-year Adjusted EBITDA reached $2.9 million, up 209% from $0.9 million. Q4 was particularly strong, with Adjusted EBITDA of $1.7 million compared to Adjusted EBITDA loss of $0.5 million in Q4 2024, a $2.2 million swing that underscores the operating leverage in our model. Our recently announced strategic partnership with DealMaker, our AI capabilities through Dolphin Intelligence, and our disciplined venture investments represent additional growth catalysts requiring little to no upfront capital. We expect continued top-line growth in 2026 and, just as in 2025, we expect Adjusted EBITDA to expand significantly faster than revenue. We have built the infrastructure and team to support a meaningfully larger revenue base, in which incremental revenue is able to flow disproportionately to the bottom line and we expect continued Adjusted EBITDA margin expansion in 2026. We are excited about 2026, 2027 and beyond. Our bank debt matures within roughly two and a half years, which will save us almost $2.2 million in principal and interest payments on an annual basis. Furthermore, we expect approximately $1 million in annualized lease savings to be achieved after our large leases in New York City and Los Angeles terminate by the end of 2026 and 2027, respectively. These lease savings will enhance our operational leverage, and just as with our expectations of continued organic growth and margin expansion, nearly all these savings will flow directly to our free cash flow given our NOL federal and state carryforwards of $127 million. 2025 and Recent Highlights Total revenue for the year ended December 31, 2025, was $56.7 million, an increase of 10% from $51.7 million last year. Operating loss was $0.04 million for the year ended December 31, 2025, compared to an operating loss of $10.5 million for the year ended December 31, 2024. Operating expenses for full year 2025 were $56.7 million, including non‑cash expenses of $2.4 million related to depreciation and amortization. This compares to operating expenses of $62.2 million in 2024, including depreciation and amortization of $2.4 million, and non‑recurring or non‑cash expenses of $8.0 million, consisting primarily of a $6.7 million goodwill impairment and a $1.3 million write‑off of notes receivable. Net loss for full year 2025 was $3.1 million, including non‑cash expenses of approximately $2.4 million related to depreciation and amortization and non-recurring net expenses of $0.5 million related to acquisition costs, debt extinguishment costs and a gain on the sale of a subsidiary. This compares to a net loss of $12.6 million for 2024, including depreciation and amortization of $2.4 million and non‑recurring and non‑cash expenses of approximately $8.0 million, primarily consisting of a $6.7 million goodwill impairment and a $1.3 million write‑off of notes receivable. Basic and diluted loss per share for full year 2025 was $(0.27) based on 11,558,485 weighted average shares outstanding compared to basic and diluted loss per share in 2024 of $(1.22) based on 10,306,904 weighted average shares outstanding. Adjusted EBITDA for full year 2025 was $2.9 million, compared to $0.9 million in 2024; Adjusted EBITDA for Q4 2025 was $1.7 million, compared to $(0.5) million in Q4 2024. Dolphin Partnered with DealMaker to Unlock Community Capital for Celebrity and Influencer Brands Dolphin's Powerhouse Subsidiaries Lead Major Brand Activations During Super Bowl LX CEO Featured on Variety's "Strictly Business" Podcast, Discusses the Creator Economy's Transformation of Marketing and Consumer Product Launches Expanded Miami Footprint to Support Continued Growth Across Subsidiaries Unveiled New 'Dolphin Intelligence' Division to Power AI-Driven Marketing and Communications Strategy and Execution for Partners Named One of Crain's Best Places to Work in NYC 2025 CEO Bill O'Dowd Named to PRNEWS 2025 People of the Year List; Company Recognized on Agency Elite 120 42West Celebrated Oscar Win as "Mr. Nobody Against Putin" Takes Best Documentary Feature at the 98th Academy Awards At Super Bowl LX, generated national media buzz for Funko's limited-edition Seattle Seahawks Pop! release and led widespread coverage of Puppy Bowl XXII, amplifying multi-network visibility and pet adoption awareness during the Big Game weekend. Landed Six Nominations for Clients at the 98th Academy Awards Brought Exciting and Diverse Projects to the 2026 Sundance Film Festival Garnered Four Nominations for Clients at the 83rd Golden Globe Awards Shore Fire Media Clients Named 2 of the 10 Best Podcasts in 2025, Including the No. 1 Pick Shore Fire Media and 42West's Clients Presented, Performed and Took Home Honors at the 2026 GRAMMY Awards Shore Fire Media and 42West Clients Earn 35 Nominations for the 2026 GRAMMY Awards The Door DISRPT Agency, a Division of The Door, Powered "Art of Glam" During Oscars Week, Driving Cultural Momentum Into Camille Rose's Upcoming Beauté Noir DISRPT delivered a headline-making moment at the Super Bowl LX Halftime Show by orchestrating the debut of Bad Bunny's first adidas Originals signature shoe The Door Provided Strategic Communications Leadership for Hooters as the Iconic Brand Enters a New Era of Ownership and Cultural Relevance Elle Communications At Super Bowl LX in the Bay Area, drove national visibility for City Year and its NFL partnership by spotlighting the opening of East Palo Alto's first regulation-sized football field and related community activation Client Harbor Fund Announced Sundance Mountain Resort as New Long-Term Home of Harbor Film Forum Named Agency of Record for FDA-Cleared Neurostimulation Device Launched "The Shift," a Quarterly Report, Weekly Newsletter, and Live Workshop Series on the Future of Communications Led Press For "A Day of Unreasonable Conversation" Summit At The Getty Center The Digital Dept. The Digital Dept. Signed Reality TV Show Stars, Top Beauty Creators Ahead of Super Bowl LX, built social buzz for T-Mobile's Big Game commercial by activating creator Becca Tilley for exclusive behind-the-scenes content and talent interviews. Special Projects Had Another Successful Year of Talent Relations for the Academy Museum of Motion Pictures Fifth Annual Gala Honoring Penélope Cruz, Walter Salles, Bruce Springsteen, And Bowen Yang Youngblood As Hockey Has a Hollywood Moment, Dolphin's Adaptation of Cult Classic Youngblood Premiered in Los Angeles Dolphin Partnered with Vaneast Pictures To Bring Sports Drama Youngblood to Berlin for International Sales Official Trailer and Key Art Released for Hubert Davis' Adaptation of Hockey Classic "Youngblood" Partnered with Well Go USA for U.S. Distribution of YOUNGBLOOD Los Angeles Kings Joined Feature Film Youngblood Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call. Date: March 25, 2026 Time: 4:30pm ET Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 255728 Webcast: https://www.webcaster5.com/Webcast/Page/2225/53793 Replay Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 53793 Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/53793 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 [email protected] ABOUT DOLPHIN: Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio-developing and investing in breakthrough content, products, and experiences-and a marketing consortium, featuring leading agencies across every communications discipline. At its core, the venture studio creates, produces, finances, markets, and promotes new businesses and cultural ideas - ranging from acclaimed film, television, and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality, and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including #1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100, and the PR News Elite 120. Follow us on Instagram here. DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES Consolidated Balance Sheets As of December 31, 2025 and 2024 (Continued) DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES Consolidated Balance Sheets (Continued) As of December 31, 2025 and 2024 DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES Consolidated Statements of Operations For the years ended December 31, 2025 and 2024 Use of Non-GAAP Financial Measures In order to provide greater transparency regarding our operating performance, the financial results in this press release refer to a non-GAAP financial measure that involves adjustments to GAAP results. Non-GAAP financial measures exclude certain income and/or expense items that management deems are not directly attributable to the Company's core operating results and/or certain items that are inconsistent in amounts and frequency, making it difficult to perform a meaningful evaluation of our current or past operating performance. Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") is defined by Dolphin as net (loss) or income adjusted for (i) interest, (ii) taxes, (iii) depreciation and amortization, (iv) write-off of assets, (v) impairment of goodwill or intangible assets, (vi) acquisition costs, (vii) equity based compensation, (viii) change in fair value of contingent consideration, convertible notes and warrants, (ix) allowance for credit losses, (x) loss on extinguishment of debt, (xi) gains or losses on sale of subsidiaries, (xii) litigation costs; and (xiii) impairment of capitalized production costs. Management believes that the presentation of operating results using this non-GAAP financial measure provides useful supplemental information for investors by providing them with the non-GAAP financial measure used by management for financial and operational decision making, planning and forecasting and in managing the business. This non-GAAP financial measure does not replace the presentation of financial information in accordance with U.S. GAAP. These non-GAAP financial results should not be considered a measure of liquidity and is unlikely to be comparable to non-GAAP financial measures provided by other companies. Reconciliation of GAAP net (loss) income to non-GAAP Adjusted EBITDA SOURCE: Dolphin Entertainment View the original press release on ACCESS Newswire

This article first appeared on GuruFocus. Full Year Revenue: $56.7 million, up 10% from the previous year. Fourth Quarter Revenue: $15.6 million, a 27% increase year-over-year. Full Year Adjusted EBITDA: $2.9 million, up over 200% from $900,000 in 2024. Fourth Quarter Adjusted EBITDA: $1.7 million, compared to a loss of $0.5 million in Q4 2024. Net Loss for 2025: Approximately $3.1 million, including noncash expenses. Operating Loss for 2025: $39.5 million, compared to $10.5 million in 2024. Operating Expenses for 2025: $56.7 million, including $2.4 million in depreciation and amortization. Basic and Diluted Loss Per Share for 2025: $0.27, based on 11,558,485 weighted average shares. Net Operating Loss Carryforwards: Approximately $127 million in federal and state NOLs. Warning! GuruFocus has detected 5 Warning Signs with DLPN. Is DLPN fairly valued? Test your thesis with our free DCF calculator. Release Date: March 25, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Dolphin Entertainment Inc (NASDAQ:DLPN) reported a 10% increase in full-year revenue, reaching $56.7 million. Fourth quarter revenue grew by 27% year-over-year, indicating strong organic growth. Adjusted EBITDA for the full year increased over 200% to $2.9 million, showcasing significant operating leverage. The company has $127 million in federal and state net operating loss carryforwards, which will shield cash payments for taxes. Dolphin Entertainment Inc (NASDAQ:DLPN) has formed a strategic partnership with Dealmaker, expected to be a significant growth catalyst by unlocking community capital for celebrity and influencer-led brands. Operating loss for the year was $39.5 million, a significant increase from the previous year's $10.5 million. The company reported a net loss of $3.1 million for 2025, despite improvements in revenue and EBITDA. Operating expenses remained high at $56.7 million, impacting overall profitability. The theatrical performance of the feature film 'Youngblood' underperformed, with future success dependent on streaming and digital distribution. Dolphin Entertainment Inc (NASDAQ:DLPN) faces seasonality in its business, with the first quarter typically being the lightest in terms of revenue. Q: Can you elaborate on the revenue opportunities from the Dealmaker partnership and how these opportunities will be sourced? A: William O'Dowd, CEO, explained that the Dealmaker partnership allows Dolphin to scale opportunities in launching consumer products with clients. The partnership helps raise capital for projects typically needing $0.5 million to $5 million, which are often overlooked by traditional investment banks. Dolphin earns marketing fees and potentially equity stakes in these ventures. The deal flow is expected to be robust, sourced from both existing clients and new opportunities within the Hollywood community. Q: What is the expected duration of deals under the Dealmaker partnership, and who are the typical investors? A: O'Dowd noted that a Regulation CF offering typically involves two months of preparation and aims to complete the raise within four months. The average investment size is around $1,000 to $2,000, targeting a broad online community. Dealmaker's success rate for completing raises is over 90%. Q: Could you discuss the timing for adding new ventures and any potential monetization events? A: O'Dowd stated that the Dealmaker partnership will accelerate venture opportunities. They plan to start vetting promising deals by late April, with hopes to launch the first venture by summer. The focus will be on traditional verticals like cosmetics, wellness products, and sports-adjacent consumer products. Q: How do you expect the new AI-driven Dolphin Intelligence division to contribute to growth? A: O'Dowd explained that Dolphin Intelligence will offer services like AI readiness audits and generative engine optimization. This division aims to enhance existing client relationships and attract new business by offering unique AI-focused marketing strategies, which are expected to drive revenue growth and improve operating margins. Q: Is the double-digit organic growth seen in 2025 sustainable going forward? A: O'Dowd expressed optimism about sustaining growth, emphasizing that incremental revenue should significantly impact margin expansion. The company aims to continue growing its adjusted EBITDA margin, driven by organic growth and strategic initiatives like the Dealmaker partnership and Dolphin Intelligence. For the complete transcript of the earnings call, please refer to the full earnings call transcript.