PLBY Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 27, 2024 at 04:09 pm EDT
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PLBY Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 39.36 million compared to USD 44.89 million a year ago. Net loss was USD 3.76 million compared to USD 10.24 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.21 a year ago. Basic loss per share was USD 0.05 compared to USD 0.22 a year ago. Diluted loss per share was USD 0.05 compared to USD 0.22 a year ago.
For the full year, the company reported sales was USD 142.95 million compared to USD 185.54 million a year ago. Net loss was USD 180.42 million compared to USD 277.7 million a year ago. Basic loss per share from continuing operations was USD 2.6 compared to USD 5.28 a year ago. Diluted loss per share from continuing operations was USD 2.6 compared to USD 5.28 a year ago. Basic loss per share was USD 2.53 compared to USD 5.86 a year ago. Diluted loss per share was USD 2.53 compared to USD 5.86 a year ago.
PLBY Group, Inc. is a global pleasure and leisure company. The Company operates through three segments: Direct-to-Consumer, Licensing and Digital Subscriptions and Content. Its Direct-to-Consumer segment operates through its owned-and-operated e-commerce platform, retail stores and sales of its products through third-party retailers. The Licensing segment includes trademark licenses for third-party consumer products, location-based entertainment businesses and online gaming. Its Digital Subscriptions and Content segment comprises the Playboy Club, its creator-led platform on playboy.com, and Playboyâs adult content offerings, including playboyplus.com and playboy.tv. In addition, Playboy TV is offered through multiple-system operators (MSOs) around the globe, including U.S. MSOs DIRECTV, Comcast, Dish, Charter, Cox, Altice, and Mediacom. Its offerings are focused on four areas: sexual wellness, style and apparel, digital entertainment and lifestyle and beauty and grooming.
PLBY GROUP, INC. 
