DLPN Dolphin Entertainment, Inc.

Overview and Growth

Fiscal 2025 results for Dolphin Entertainment, Inc. combined $56.70M of revenue with net loss of $3.09M and an operating cash outflow of $2.03M. At $56.70M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 9.7% above fiscal 2024 revenue of $51.68M, marking a year-over-year increase. The company reported diluted EPS of -$0.27, adding a shareholder-level measure to the absolute income figures considered below. A diluted share base of 11.56M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. At period end, total assets were $58.33M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 0.97x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $3.00M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 5.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $39.06K operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 0.1%, showing the shortfall after operating costs. The company ended the period with a net loss of $3.09M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 5.4% after all recognized items. Reported EBITDA totaled $2.32M, adding a pre-interest, tax, depreciation, and amortization perspective to the profitability profile. The pretax result was a loss of $3.02M, establishing the deficit before tax effects. Measured against revenue, the pretax deficit represented 5.3%. Income tax expense totaled $69.36K, providing the reported tax component that separates pretax and after-tax earnings. Relative to period-end equity, the net loss represented 31.9%. Relative to total assets, the net loss represented 5.3%. Compared with a $12.60M net loss in fiscal 2024, the current loss improved to $3.09M.

Liquidity and Capital Structure

Total assets were $58.33M, supported by $48.64M of liabilities and $9.69M of shareholder equity. At period end, current assets of $23.95M compared with current liabilities of $28.53M, defining the company’s short-term resource position. At 0.84x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $8.76M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 30.7%, excluding receivables and other current assets. Book equity represented 16.6% of total assets, quantifying the balance-sheet share supported by shareholder capital. Relative to total assets, liabilities measured 83.4%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 15.0%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 0.2% from $58.44M in fiscal 2024, leaving current total assets lower year over year. Book equity was 16.8% lower than fiscal 2024 equity of $11.65M, showing how shareholder capital changed year over year. Compared with $8.20M in fiscal 2024, the current cash balance moved 6.7% and finished higher.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $2.03M, showing that operations absorbed cash during the period. The company spent $1.12K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. The company recorded a $2.03M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 3.6%. Relative to total assets, the post-investment cash deficit measured 3.5%. The operating cash outflow widened to $2.03M from $157.85K in fiscal 2024.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.