UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-39312 PLBY GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

PLBY Group, Inc. (NASDAQ:PLBY) Q4 2023 Earnings Conference Call March 27, 2024 4:30 PM ET Company Participants Ashley DeSimone - ICR Ben Kohn - CEO Marc Crossman - CFO and COO Conference Call Participants Jason Tilchen - Canaccord Genuity Gregory Pendy - Chardan Operator Good afternoon, everyone, and welcome to PLBY Group's Full Year and Fourth Quarter 2023 Earnings Conference Call. Hosting today's call are Ben Kohn, Chief Executive Officer; and Marc Crossman, Chief Financial Officer and Chief Operating Off ...

Financial Performance - Q4 2023 revenue was $39.4 million, a 12% decrease year-over-year from $44.9 million, with a net loss of $3.8 million, improving from a net loss of $10.2 million in Q4 2022[29][26] - Total revenue for the full year 2023 was $143.0 million, a 23% decrease from $185.5 million in 2022, with direct-to-consumer revenue down 26% to $78.0 million[30][31] - Net loss from continuing operations for 2023 was $186.4 million, an improvement from a net loss of $250.7 million in 2022[34] - Total net loss for 2023 was $180.4 million, a reduction of $97.3 million compared to a total net loss of $277.7 million in 2022[34] - Adjusted EBITDA loss in 2023 was $7.3 million, compared to an adjusted EBITDA loss of $4.5 million in 2022[35] - Net revenues for the year ended December 31, 2023, were $142.95 million, down from $185.54 million in 2022[42] - Cost of sales for 2023 was $54.78 million, a decrease from $82.95 million in 2022[42] - Selling and administrative expenses for 2023 totaled $123.55 million, down from $150.54 million in 2022[42] - Impairments in 2023 were $154.88 million, significantly lower than $283.5 million in 2022[42] - Net loss per share from continuing operations for 2023 was $2.60, compared to $5.28 in 2022[42] Revenue Breakdown - Direct-to-consumer revenue declined 18% year-over-year to $20.4 million, while Honey Birdette revenue increased by 14% to $20.4 million due to improved consumer demand[23][5] - Licensing revenue decreased 27% year-over-year to $44.3 million, primarily due to poor performance from Chinese licensees, partially offset by $5.1 million from prepaid royalty guarantees[32][30] - Digital subscriptions and content revenue increased by 10% year-over-year to $20.7 million, driven by growth from the creator platform[33][25] Cost Management - The company reduced corporate overhead from approximately $50 million in 2022 to a projected $27 million in 2023[4] - Adjusted EBITDA for Q4 2023 was $1.1 million, an improvement of $3.7 million from a loss of $2.6 million in Q4 2022[26] Future Plans - The company plans to increase Honey Birdette's average selling price by 10% and introduce a loyalty program in 2024[15] - The company aims to be EBITDA positive for the full year 2024 while continuing to service its debt[21] - The company plans to host a webcast to discuss the fourth quarter and full year 2023 financial results[36] Risks and Considerations - Forward-looking statements indicate potential risks including market conditions and operational disruptions[39]

Expected to Decrease Net Losses and Increase Adjusted EBITDA for Restated Periods No Anticipated Impact on Revenue, Cash, Cash Flows or Business Operations As a Result, PLBY Group Will Report Earnings on March 27, 2024 LOS ANGELES, March 12, 2024 (GLOBE NEWSWIRE) -- PLBY Group, Inc. (NASDAQ:PLBY) ("PLBY Group" or the "Company"), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, announced today that it will restate its quarterl ...

PLBY Group, Inc. (NASDAQ:PLBY) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Ashley DeSimone - ICR Ben Kohn - CEO Marc Crossman - CFO and COO Conference Call Participants Jason Tilchen - Canaccord Genuity Greg Pendy - Chardan Operator Good afternoon, everyone, and welcome to PLBY Group's Third Quarter 2023 Earnings Conference Call. Hosting today's call are Ben Kohn, Chief Executive Officer; and Marc Crossman, Chief Financial Officer and Chief Operating Officer. [Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39312 PLBY Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

PLBY Group, Inc. (NASDAQ:PLBY) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Ashley DeSimone - ICR Ben Kohn - Chief Executive Officer Mark Crossman - Chief Financial Officer and Chief Operating Officer Conference Call Participants Andrew Uerkwitz - Jeffries Jason Tilchen - Canaccord Genuity Alex Fuhrman - Craig-Hallum Jim Duffy - Stifel J.P. Wollam - Roth MKM Greg Pendy - Chardan Operator Good afternoon, everyone, and welcome to PLBY Group's Second Quarter 2023 Question-and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39312 PLBY Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...

PLBY Group, Inc. (NASDAQ:PLBY) Q1 2023 Earnings Call May 10, 2023 5:00 PM ET Company Participants Ashley DeSimone - ICR Ben Kohn - Chief Executive Officer, President and Director Marc Crossman - Chief Financial Officer and Chief Operating Officer Conference Call Participants Jason Tilchen - Cannacord Alex Fuhrman - Craig-Hallum Jim Duffy - Stifel George Kelly - Roth Capital Partners Operator Greetings, and welcome to PLBY Group's First Quarter 2023 Earnings Conference Call and Webcast. At this time, all par ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39312 PLBY Group, Inc. (Exact name of registrant as specified in its charter) Delaware 37-1958714 (State or other jurisdiction o ...