Now feels like a pretty good time to analyze Dolphin Entertainment, Inc. (NASDAQ:DLPN) The company looks like it’s on the cusp of doing quite a bit. Dolphin Entertainment, Inc., along with its subsidiaries, operates as an independent entertainment marketing and premium content development company in the United States. A company with a market capitalization of US$29 million lost US$6.5 million in its most recent fiscal year and US$2.7 million in its last 12 months, with a gap between loss and breakeven. shrinking. Dolphin Entertainment’s investors are concerned with their path to profitability, so they decided to gauge market sentiment. Here’s a rundown of what industry analysts can expect from the company.
Our analysis DLPN may be overrated.
According to two industry analysts who cover Dolphin Entertainment, the consensus is that the breakeven point is approaching. The company expects him to post a final loss in 2022 and in 2023 he will post a profit of US$2.4 million. Therefore, the company is expected to break even in just over a year from today. How fast will the company need to grow each year to reach breakeven by 2023? Working backwards from analyst estimates, the company expects to grow 166% year over year on average. It turns out. This indicates a high level of confidence from analysts. If your business grows at a slower rate, your profits may come later than expected.
Since this is a high-level overview, I won’t discuss any company-specific developments for Dolphin Entertainment, but remember that generally high growth rates are nothing out of the ordinary. investment period.
Finally, there is one aspect worth mentioning. The company manages capital carefully, with debt accounting for his 19% of equity. This means that the company finances its operations primarily from its own equity and has less debt, which reduces the risk associated with investing in loss-making companies.
Aspects of Dolphin Entertainment are too many to cover in one short article, but you can find all the important foundations of the company in one place: Dolphin Entertainment’s company page on Simply Wall St. We have also compiled a list of important aspects. Need to investigate further.
- historical achievement: How has Dolphin Entertainment performed so far? Find out more in our Historical Performance Analysis and view our free visual representation of the analysis for greater clarity.
- management team: An experienced management team at the helm increases our confidence in the business. Let’s take a look at the background of Dolphin Entertainment’s board members and CEO.
- Other high performance stocks: Are there other stocks that have a proven track record and offer better prospects? Check out our free list of these great stocks here.
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