---
schema_version: "secwatch.filing_event.v1"
accession: "0001803914-24-000101"
form_type: "8-K"
ticker: "PLBY"
cik: "0001803914"
company_name: "Playboy, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:07:14.891578+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PLBY Group Q3 revenue down 21% to $12.9M; signs deal to reduce senior debt by $66M

## Summary
- Q3 revenue $12.9M, down 21% YoY; licensing revenue $7.4M, down 32% due to termination of two China licensees.
- Net loss from continuing ops $33.8M (vs $7.1M loss in Q3 2023) due to impairment charges and licensing decline.
- Adjusted EBITDA loss $1.8M vs positive $1.8M in prior year; cost rationalization partially offset revenue drop.
- Signed deal to restructure senior debt reducing principal from ~$218M to ~$152M; will issue $28M convertible preferred with 12% dividend.
- Secured $22.35M investment from Byborg at $1.50/sh; non-binding LOI for licensing Playboy digital IP with $300M minimum guarantees over 15 years.

## SEC filing metadata
- accession: 0001803914-24-000101
- form_type: 8-K
- ticker: PLBY
- cik: 0001803914
- company_name: Playboy, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803914/000180391424000101/0001803914-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803914/000180391424000101/ply-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803914-24-000101
- JSON: https://secwatch.observer/filing/0001803914-24-000101.json
- Plain text: https://secwatch.observer/filing/0001803914-24-000101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.