New Scenes Will be Shot at The LA Kings Crypto.com Arena The Adaptation of the Iconic Classic Hockey Movie Had Its World Premiere at the 2025 Toronto International Film Festival LOS ANGELES, CALIFORNIA / ACCESS Newswire / September 30, 2025 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, and Anschutz Entertainment Group (AEG), the global live entertainment and sports conglomerate, announced today a historic collaboration that will see the Los Angeles Kings ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2025 reached a record $14.1 million, representing a 23% increase year over year from $11.4 million in Q2 2024 [4][20] - Adjusted operating income was approximately $628,000 compared to an adjusted operating loss of $137,000 in the same period of 2024 [4][20] - Operating loss decreased to approximately $57,000 from $1.1 million in Q2 2024 [20] Business Line Data and Key Metrics Changes - Each of the seven operating subsidiaries experienced steady growth, contributing to broad revenue increases [23][25] - The event company had a particularly strong quarter, with expectations for continued growth in the second half of the year [24] - The digital department and music PR firm also showed strong performance throughout the summer [24] Market Data and Key Metrics Changes - The company anticipates significant free cash flow generation over the next three years due to the expiration of long-term leases and repayment of commercial bank loans [6][48] - The market is moving towards comprehensive solutions, and the company is positioning itself at the forefront of this evolution with new service offerings [15] Company Strategy and Development Direction - The creation of the Tastemakers division exemplifies the company's broader growth strategy by integrating services across subsidiaries to maximize commercial opportunities [9][15] - The company aims to innovate within its existing portfolio to generate new revenue streams and deepen client relationships [14] - Future initiatives are being explored in other verticals where combined expertise can create differentiated offerings [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's trajectory, highlighting the potential for significant cash flow and margin improvement in the coming years [5][6] - The company is optimistic about the upcoming premiere of the film "Youngblood" at the Toronto International Film Festival, which could lead to successful distribution opportunities [17][38] - Management emphasized the importance of continued investment in women's sports and affiliate marketing as strategic growth areas [31][32] Other Important Information - The company is actively negotiating for a follow-up project to "Blue Angels" with IMAX, indicating ongoing interest in expanding its film production capabilities [54] - Management's personal investment in the company underscores confidence in its value creation for shareholders [18] Q&A Session Summary Question: Where did the revenue upside come from in the quarter? - Management indicated that revenue growth was broad-based across all subsidiaries, with no single factor driving the increase [23][25] Question: How are investments in Always Alpha and affiliate marketing progressing? - Management noted that while adjusted operating income was strong, it was somewhat depressed by ongoing investments in these areas, which are expected to pay off in 2026 and beyond [27][30] Question: What are the production costs for "Youngblood" and how are they accounted for? - Management explained that the film was produced with a budget between $5 million and $15 million, financed through partnerships, and emphasized the potential upside from its sale [37][42] Question: Is there any seasonality in the business? - Management confirmed that Q1 is typically the weakest quarter, while Q4 is the strongest, with some subsidiaries experiencing seasonal fluctuations [50][52] Question: Are there plans for future projects with IMAX? - Management expressed a strong desire to negotiate a follow-up to "Blue Angels" and highlighted the importance of "Youngblood" as a reentry into scripted films [54][56]