Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 10960 Wilshire Blvd, Suite 2200 LOS ANGELES CA 90024 |
Tel: | N/A |
Website: | https://www.plbygroup.com |
IR: | See website |
Key People | ||
Ben Kohn President, Chief Executive Officer, Director | Marc Crossman Chief Financial Officer, Chief Operating Officer | Ashley Kechter President - Global Consumer Products | Christopher Riley General Counsel, Company Secretary |
Business Overview |
PLBY Group, Inc. is a global pleasure and leisure company. The Company operates through three segments: Direct-to-Consumer, Licensing and Digital Subscriptions and Content. Its Direct-to-Consumer segment operates through its owned-and-operated e-commerce platform, retail stores and sales of its products through third-party retailers. The Licensing segment includes trademark licenses for third-party consumer products, location-based entertainment businesses and online gaming. Its Digital Subscriptions and Content segment comprises the Playboy Club, its creator-led platform on playboy.com, and Playboy's adult content offerings, including playboyplus.com and playboy.tv. In addition, Playboy TV is offered through multiple-system operators (MSOs) around the globe, including U.S. MSOs DIRECTV, Comcast, Dish, Charter, Cox, Altice, and Mediacom. Its offerings are focused on four areas: sexual wellness, style and apparel, digital entertainment and lifestyle and beauty and grooming. |
Financial Overview |
For the fiscal year ended 31 December 2023, Plby Group Inc revenues decreased 23% to $143M. Net loss before extraordinary items decreased 26% to $186.4M. Revenues reflect Direct-to-Consumer segment decrease of 26% to $78M, Licensing segment decrease of 27% to $44.3M, All Other segment decrease of 99% to $4K, United States segment decrease of 20% to $61.8M, China segment decrease of 32% to $28.9M, Australia segment decrease of 23% to $32M. |