Dolphin Entertainment (DLPN) AI Stock Analysis

• Market Cap: $17.82M
• Dividend Yield: N/A
• Average Volume (3M): 62.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: 3.86%
• EPS Growth: 81.68%
• Country: US
• Employees: 269
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): -0.03
• Shares Outstanding: 12,122,422
• 10 Day Avg. Volume: 100,764
• 30 Day Avg. Volume: 62,990
• PEG Ratio: 0.03
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.21
• P/FCF Ratio: -69.20
• Enterprise Value/Market Cap: 1.80
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 1.09
• Enterprise Value/Ebitda: -24.60
• 1Y Price Target: $5.00
• Price Target Upside: 240.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $1.50 ▲(2.04% Upside)

Dolphin Entertainment's overall stock score is primarily driven by its challenging financial performance, despite positive developments in the latest earnings call. The technical indicators suggest moderate bullish momentum, but the valuation remains unattractive due to negative earnings. The company's strategic improvements and CEO's investment provide some optimism for future growth.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial prospects.

Positive Operating Income

Achieving positive operating income suggests improved operational efficiency and cost management, supporting sustainable profitability.

CEO's Personal Investment

The CEO's personal investment demonstrates confidence in the company's future, potentially aligning management interests with shareholders.

Negative Factors

Net Loss

Ongoing net losses highlight challenges in achieving profitability, which could hinder long-term financial stability and growth.

Negative Cash Flow

Negative cash flow from operations indicates reliance on external financing, which may limit financial flexibility and growth potential.

Declining Revenue

The drastic revenue decline raises concerns about the company's ability to sustain its business model and competitive position in the market.

Dolphin Entertainment Business Overview & Revenue Model

Company Description

Dolphin Entertainment (DLPN) is a diversified entertainment and media company primarily focused on the development and production of high-quality content across various platforms. The company operates in several sectors including film and television production, digital media, and influencer marketing. Its core products and services encompass producing original content for streaming platforms, engaging in brand partnerships, and providing marketing services leveraging its extensive network of social media influencers.

How the Company Makes Money

Dolphin Entertainment generates revenue through multiple streams, primarily from its content production services, which include the creation of films, television shows, and digital series for various distribution platforms. The company also earns money through its influencer marketing division, where it connects brands with social media influencers for promotional campaigns. Additionally, strategic partnerships with other media and entertainment companies enhance its revenue potential, as they often collaborate on projects that increase visibility and audience reach. The growing demand for original content and effective marketing strategies in the digital age has further bolstered Dolphin's revenue model.

Dolphin Entertainment Financial Statement Overview

Summary

Dolphin Entertainment faces significant financial challenges, with declining revenues, persistent losses, and negative cash flows. The increase in stockholders' equity is overshadowed by negative debt and liabilities figures, raising concerns about financial stability.

Income Statement

Dolphin Entertainment has experienced a significant decline in revenue, evidenced by a drop from $43.12 million in 2023 to $0 in 2024. The company has consistently posted negative net income and EBIT over the years, indicating ongoing profitability challenges. The margins are unfavorable, with negative EBIT and EBITDA margins, reflecting operational inefficiencies. The company needs to address its core revenue generation strategies and cost management to improve financial health.

Balance Sheet

The balance sheet presents a mixed picture. There is a negative total debt, and stockholders' equity has increased significantly to $6.45 million in 2024 from $19.96 million in 2023. The debt-to-equity ratio is favorable due to negative debt, but this may be due to accounting adjustments rather than actual debt reductions. The equity ratio has improved, but the negative liabilities and debt figures raise concerns about the financial stability and accuracy of financial reporting.

Cash Flow

Cash flow from operations has been consistently negative, with a free cash flow of -$157,851 in 2024, showing no improvement from previous years. The company relies heavily on financing activities to sustain operations, as seen by the significant positive financing cash flows. The lack of positive operating cash flow relative to net income indicates operational inefficiencies and a need to stabilize cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	53.37M	51.68M	43.12M	40.51M	35.73M	24.05M
Gross Profit	29.28M	48.42M	42.25M	36.94M	31.85M	21.48M
EBITDA	-1.30M	-8.05M	-17.86M	-1.74M	-3.73M	2.09M
Net Income	-6.07M	-12.60M	-24.40M	-4.78M	-6.46M	-1.94M
Balance Sheet
Total Assets	59.96M	58.44M	66.25M	75.38M	52.75M	49.35M
Cash, Cash Equivalents and Short-Term Investments	8.76M	8.20M	6.43M	6.07M	7.69M	7.92M
Total Debt	29.29M	27.62M	25.59M	21.82M	12.92M	17.11M
Total Liabilities	51.53M	46.79M	46.30M	41.29M	29.81M	29.68M
Stockholders Equity	8.43M	11.65M	19.96M	34.09M	22.93M	19.67M
Cash Flow
Free Cash Flow	-1.76M	-159.36K	-5.05M	-4.10M	-1.32M	-1.58M
Operating Cash Flow	-1.75M	-157.85K	-5.02M	-4.03M	-1.32M	-1.51M
Investing Cash Flow	-1.12K	-2.46M	-4.54M	-7.92M	-3.03M	-1.38M
Financing Cash Flow	3.93M	4.18M	9.92M	10.91M	3.94M	8.61M

Dolphin Entertainment Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.47
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DLPN, the sentiment is Neutral. The current price of 1.47 is below the 20-day moving average (MA) of 1.62, below the 50-day MA of 1.61, and above the 200-day MA of 1.26, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 36.50 is Neutral, neither overbought nor oversold. The STOCH value of 16.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DLPN.

Dolphin Entertainment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
DLPN	53 Neutral	$17.82M	-2.68	-55.09%	―	3.86%	81.68%
RDI	44 Neutral	$42.24M	-1.78	―	―	7.11%	69.85%
LVO	43 Neutral	$54.77M	-1.99	―	―	-32.17%	-135.06%
ANGH	41 Neutral	$16.92M	-0.22	―	―	88.72%	-85.54%
KUKE	39 Underperform	―	―	―	―	-36.94%	15.41%

Dolphin Entertainment Corporate Events

Dolphin Entertainment Holds Annual Shareholder Meeting

On November 10, 2025, Dolphin Entertainment held its annual meeting of shareholders, where approximately 69% of the voting capital stock was represented. During the meeting, shareholders voted on four proposals, including the election of seven directors, ratification of Grant Thornton LLP as the independent accounting firm, approval of a share issuance to Lincoln Park Capital Fund, and a non-binding advisory vote on executive compensation for 2024.