Playboy Reports Preliminary Fourth Quarter 2025 Financial Results

Core Insights - Playboy, Inc. expects Q4 2025 revenues to be between $34.0 million and $35.0 million, showing growth from $33.5 million in Q4 2024 [1][6] - The company anticipates a net income of between $2.5 million and $3.5 million, a significant recovery from a net loss of $12.5 million in Q4 2024 [1][6] - Adjusted EBITDA is projected to be between $6.6 million and $7.0 million, compared to a loss of $0.1 million in Q4 2024 [1][6] Financial Performance - Revenue growth is attributed to the strength of the global licensing business, supported by a joint venture with UTG Brands Management Group in China [3][6] - The expected net income includes approximately $1.2 million in transaction costs related to the China licensing joint venture and $0.9 million in litigation costs [6] - The improvement in adjusted EBITDA reflects successful execution of an asset-light strategy and ongoing cost reduction initiatives [6] Management Commentary - The CEO of Playboy highlighted the significant progress in executing the company's strategic transformation, emphasizing revenue growth and strides towards sustainable profitability [3] - The company is focused on leveraging its iconic brand for sustainable, profitable growth as it enters 2026 [4] - Complete financial results for Q4 and fiscal year 2025 are expected to be reported in March 2026 [4]