Dolphin expects FY2024 revenue >$50M (+20% YoY) and positive adj. operating income; CEO buys $50K stock

Dolphin Entertainment, Inc.

CEO Bill O'Dowd purchased $50,000 of DLPN stock in September 2024 at under $0.75/share, doubling down on his investment.
Fiscal 2024 revenue expected to exceed $50 million, representing over 20% year-over-year growth, with positive adjusted operating income.
Launched Always Alpha, a women's sports management firm in partnership with Olympic legend Allyson Felix, targeting a $4B merchandise market.
Docuseries 'Blue Angels' generated over $1M ROI; Staple Gin (with Rachael Ray) won industry awards and secured distribution with Southern Wine & Spirits.
Acquired Elle Communications in July 2024, a profitable 16-year-old Impact PR firm with strong margins and cross-selling opportunities.

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