Playboy Inc

PLBY

Market cap $209M

Completes Initial Sale of 17% of its China Business JV to UTG Playboy Makes Initial $15 Million Debt Pay Down with Transaction Proceeds Transaction Advances Asset-Light Strategy and Accelerates Debt Reduction LOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (NASDAQ: PLBY) (the “Company” or “Playboy”), a global pleasure and leisure company, today announced the initial closing of its previously announced transaction to ultimately sell 50% of its China business to UTG Brands Management Group (“UTG”), an experienced consumer brands operator in China. UTG will now manage all operational aspects of Playboy's business activities in China, Hong Kong and Macau.

Playboy, Inc. has stabilized its balance sheet and returned to positive adjusted EBITDA in 2025, reducing bankruptcy risk. PLBY management is considering selling Honey Birdette, despite its reasonable performance, to further deleverage, raising questions about the company's long-term public market viability. PLBY's strategy pivots between rebuilding the brand through new media and club ventures and the possibility of going private, but execution credibility remains in doubt.

Playboy, Inc. (PLBY) Q4 2025 Earnings Call Transcript

The Details: Playboy reported quarterly earnings of three cents per share, which beat the consensus estimate of one cent.

LOS ANGELES, March 16, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (NASDAQ: PLBY) (the “Company” or “Playboy”), a global pleasure and leisure company connecting consumers with products, content, and experiences that help them lead happier, more fulfilling lives, today announced financial and operational results for the fourth quarter and full year ended December 31, 2025. Financial Summary ($ in millions) Q4 2025 Q4 2024 % Change Revenues $34.9 $33.5 4% Operating Expenses $(32.2) $(37.9) (15)% Net Income (Loss) $3.6 $(12.5) 129% Adj.

LOS ANGELES, March 05, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (“Playboy” or the “Company”), a global pleasure and leisure company, will release financial results for the fourth quarter and full year ended December 31, 2025 after Nasdaq closes on Monday, March 16, 2026.

Media Veteran Miller to Oversee Global Licensing, Digital and Platform Growth Senior Appointment Reflects Playboy's Accelerating Growth Strategy and Expanding Media and Licensing Operations LOS ANGELES, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (“Playboy” or the “Company”), a global pleasure and leisure company, has announced that David Miller has been appointed President, Media & Brand, to drive the next phase of the Company's growth. Miller joins Playboy from The Walt Disney Company, where he served as Executive Vice President and General Manager of National Geographic Media, with full P&L responsibility across global editorial, digital, print, and social operations.

Q4 2025 Revenues Expected to Increase to Between $34.0 Million and $35.0 Million Net Income Between $2.5 Million and $3.5 Million, as Compared to a Net Loss of $12.5 Million in Q4 2024 Adjusted EBITDA Expected to Grow to Between $6.6 Million and $7.0 Million, as Compared to Loss of $0.1 Million in Q4 2024 LOS ANGELES, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (“Playboy” or the “Company”), a global pleasure and leisure company, today announced preliminary, unaudited financial results for the fourth quarter ended December 31, 2025. Preliminary Fourth Quarter 2025 Financial Highlights Revenue: For the fourth quarter of 2025, Playboy expects to report preliminary unaudited revenues to be between $34.0 million and $35.0 million, as compared to $33.5 million in the fourth quarter of 2024.

LOS ANGELES, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (“Playboy”), a global pleasure and leisure company, today announced the engagement of international investor relations specialists MZ Group (“MZ”) to lead a strategic investor relations and financial communications program across all key markets.

Playboy trades at a discount, with its iconic brand potentially undervalued versus its ~$200 million market cap. I see management's pivot to an asset-light, licensing-focused strategy as a prudent move to stabilize and unlock brand value. The recent sale of half its China business for $122 million, plus an $81 million arbitration award, should boost cash flows, reduce debt, and push PLBY toward profitability.