Consumer Cyclical -
Apparel - Retail - NASDAQ - US
$ 1.45
0 %
$ 1.12 M
Market Cap
0.0
P/E
1. INTRINSIC VALUE
FINANCIALS
Balance Sheet
Digital Brands Group, Inc.
| Current Assets | 5.56 M |
| Cash & Short-Term Investments | 20.8 K |
| Receivables | 413 K |
| Other Current Assets | 5.13 M |
| Non-Current Assets | 19.8 M |
| Long-Term Investments | 0 |
| PP&E | 745 K |
| Other Non-Current Assets | 19 M |
| Current Liabilities | 23.2 M |
| Accounts Payable | 7.54 M |
| Short-Term Debt | 8.52 M |
| Other Current Liabilities | 7.16 M |
| Non-Current Liabilities | 518 K |
| Long-Term Debt | 150 K |
| Other Non-Current Liabilities | 368 K |
EFFICIENCY
Earnings Waterfall
Digital Brands Group, Inc.
| Revenue | 14.9 M |
| Cost Of Revenue | 8.37 M |
| Gross Profit | 6.54 M |
| Operating Expenses | 8.64 M |
| Operating Income | -2.1 M |
| Other Expenses | 8.15 M |
| Net Income | -10.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Digital Brands Group, Inc.
| Net Income | -10.2 M |
| Depreciation & Amortization | 3.25 M |
| Capital Expenditures | -29.7 K |
| Stock-Based Compensation | 409 K |
| Change in Working Capital | 2.87 M |
| Others | -812 K |
| Free Cash Flow | -6.04 M |
Wall Street Analysts Price Targets
Digital Brands Group, Inc.
DBGI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
DBGI does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Digital Brands Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
DBG Provides Shareholder Update
Improvement in Financial Condition Allows Focus on Revenue Growth Austin, TX, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, is pleased to provide an update to its shareholders regarding recent activities and future initiatives for growth as detailed below. Benefits to Net Income and Shareholder Equity The Company has made notable progress since May of 2024 in improving its financial condition, including through the elimination of $5.2 million in convertible notes, other debt, and aged accounts payable.
globenewswire.com
- 1 month ago
DBG Announces First 45 Day Results with VAYNERCOMMERCE resulting in a 224% increase in digital revenue
Austin, TX, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces the first 45 day results since it entered into a marketing partnership on October 21, 2024, with VAYNERCOMMERCE, https://vaynercommerce.com/. VAYNERCOMMERCE is a full service digital growth agency created by Gary Vaynerchuk, also known as GARYVEE. VAYNERCOMMERCE's services aim to help digital companies scale their online presence and revenues.
globenewswire.com
- 1 month ago
Digital Brands Announces 1-for-50 Reverse Stock Split
Austin, TX, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it will effectuate a 1-for-50 reverse split (the “Reverse Split”) of its common stock that will become effective on December 13, 2024. The Company expects that the reverse stock split will allow the Company to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.
globenewswire.com
- 1 month ago
DBG Partners with VAYNERCOMMERCE to Launch AVO on Tik Tok Shop & Tik Tok Live
Austin, TX, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has partnered with VAYNERCOMMERCE to launch AVO on Tik Tok Shop and Tik Tok Live. Digital Brands Group will leverage the studios and influencer talent that VAYNERCOMMERCE has already built to launch these Tik Tok channels. Tik Tok is a live broadcast that allows our influencers and moderators to interact and engage directly with their audience through comments and reactions while streaming live video content showcasing our products.
globenewswire.com
- 1 month ago
DBG Partners with LTK, a Large Influencer Platform, Receiving Strong Interest from Influencers With First Influencer Videos Launching Next Week
Austin, TX, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has partnered with LTK, one of the largest domestic full service influencer platforms.
globenewswire.com
- 1 month ago
Digital Brands Group, Inc. (DBGI) Q3 2024 Earnings Call Transcript
Digital Brands Group, Inc. (NASDAQ:DBGI ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants John McNamara - IR Hil Davis - CEO Conference Call Participants Operator Greetings. Welcome to the Digital Brands Group Third Quarter 2024 Conference Call.
seekingalpha.com
- 2 months ago
Digital Brands Group Reports Third Quarter 2024 Financial Results
Austin, TX, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its third quarter ended September 30, 2024.
globenewswire.com
- 2 months ago
DBG Announces Marketing Partnership with VAYNERCOMMERCE, already resulting in a 34% increase in digital revenue and a 7% Increase in Average Order Volume
Austin, TX, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it entered into a marketing partnership on October 21, 2024, with VAYNERCOMMERCE, https://vaynercommerce.com/. VAYNERCOMMERCE is a full service digital growth agency created by Gary Vaynerchuk, also known as GARYVEE. VAYNERCOMMERCE's services aim to help digital companies scale their online presence and revenues.
globenewswire.com
- 2 months ago
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes
Austin, TX, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG” or “Company”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has paid off $1.3 million in outstanding convertible notes (the “Remaining Convertible Notes”). As a result of this payoff, the Company has now retired all debt securities that were convertible into the Company's common stock.
globenewswire.com
- 2 months ago
DBGI Announces Pricing of $3 Million Public Offering of Common Stock and/or Pre-Funded Warrants
Austin, TX, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, announces the pricing of its public offering of an aggregate of 30 million shares of common stock and/or pre-funded warrants to purchase common stock at a public offering price of $0.10 per share (minus $0.0001 per pre-funded warrant). The gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be $3 million. DBG intends to use the net proceeds of the offering for working capital, general corporate purposes, and the repayment of debt.
globenewswire.com
- 2 months ago
DBG Announces Launch of AVO, A New Direct-To-Consumer Brand, After Successful Beta Test
Austin, TX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces the launch of AVO a new direct-to-consumer (DTC) brand ( https://shopavo.la/ ). As other premium brands have increased retail prices due to inflation, the Company believes an opportunity has opened to deliver premium apparel at lower prices by pursuing a DTC model that also provides significant discounts for bundling multiple products. This new model creates a value proposition in the premium segment, similar to how fast fashion created a value proposition in the mass market segment.
globenewswire.com
- 4 months ago
Digital Brands Group, Inc. (DBGI) Q2 2024 Earnings Call Transcript
Digital Brands Group, Inc. (NASDAQ:DBGI ) Q2 2024 Earnings Conference Call August 19, 2024 5:00 PM ET Company Participants John McNamara - IR Hil Davis - CEO Conference Call Participants Operator Greetings. Welcome to the Digital Brands Group Second Quarter 2024 Conference Call.
seekingalpha.com
- 5 months ago
8. Profile
Summary
Digital Brands Group, Inc. DBGI
COUNTRY
US
INDUSTRY
Apparel - Retail
MARKET CAP
$ 1.12 M
Dividend Yield
0.00%
Description
Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. The company offers denims under the DSTLD brand; and luxury men's suiting under the ACE Studios brand. It also designs, manufactures, and sells women's apparel, such as dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers under the Bailey brand. It offers luxury custom and made-to- measure suiting and sportwear, as well as shirts, jackets, pants, shorts, polos, and other products that are made-to-measure under the Harper & Jones brand. The company also offers luxury T-shirts, tops, and bottoms under the Stateside brand. Digital Brands Group, Inc. sells directly to the consumer through its websites, as well as through its wholesale channel in specialty stores, select department stores, and own showrooms. The company was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas.
Contact
1400 Lavaca Street, Austin, TX, 78701
https://www.digitalbrandsgroup.co
IPO
Date
May 14, 2021
Employees
56
Officers
Ms. Isadora Hu
Operations Director & Secretary
Mr. John Hilburn Davis IV
President, Chief Executive Officer & Chairman
Mr. Reid William Yeoman
Chief Financial Officer
Ms. Laura Dowling
Chief Marketing Officer