Filing Flows › Digital Brands Group (DBGI) › Q4 2024
Digital Brands Group (DBGI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 9, 2025
Digital Brands Group (DBGI) reported revenue of $2.1M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -12% from the quarter before. Operating margin was -230.1%, net loss $5.4M (250.7% of revenue).
Digital Brands Group, Q4 2024: revenue $2.1M (-23% year over year), operating margin -230.1%, net loss $5.4M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | -12% | -23% |
| Operating profit | −$4.9M | — | — |
| Net earnings | −$5.4M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $2.1M in Q4 2024, down 23% year over year and down 12% from the previous quarter.
Operating costs exceeded revenue by $4.9M, an operating margin of -230.1%. The fastest-growing cost line was Other operating costs (+70%). The quarter ended with a net loss of $5.4M, wider than the previous quarter's $3.5M loss.
Operating cash flow was −$2.8M. Non-cash charges added back $448K of depreciation and amortization and $0K of share-based compensation. Working capital and other items added $2.2M.
Questions
What was Digital Brands Group's revenue in the fourth quarter 2024?
Digital Brands Group (DBGI) reported revenue of $2.1M for the fourth quarter 2024 (Q4 2024), -23% from a year earlier and -12% from the quarter before.
Was Digital Brands Group profitable in the fourth quarter 2024?
Operating loss was $4.9M (-230.1% of revenue) and net loss $5.4M.