Dolphin Entertainment (Dolphin Entertainment) Gross Margin % : 84.78% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Dolphin Entertainment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dolphin Entertainment's Gross Profit for the three months ended in Mar. 2024 was $12.92 Mil. Dolphin Entertainment's Revenue for the three months ended in Mar. 2024 was $15.24 Mil. Therefore, Dolphin Entertainment's Gross Margin % for the quarter that ended in Mar. 2024 was 84.78%.

The historical rank and industry rank for Dolphin Entertainment's Gross Margin % or its related term are showing as below:

DLPN' s Gross Margin % Range Over the Past 10 Years
Min: -13.47 Med: 89.22 Max: 97.8
Current: 93.71

During the past 13 years, the highest Gross Margin % of Dolphin Entertainment was 97.80%. The lowest was -13.47%. And the median was 89.22%.

DLPN's Gross Margin % is ranked better than
96.47% of 964 companies
in the Media - Diversified industry
Industry Median: 38.52 vs DLPN: 93.71

Dolphin Entertainment had a gross margin of 84.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dolphin Entertainment was 2.30% per year.

Dolphin Entertainment Gross Margin % Historical Data

The historical data trend for Dolphin Entertainment's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dolphin Entertainment Gross Margin % Chart

Dolphin Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

79.83

89.29

89.14

91.19

97.80

Dolphin Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															97.80	98.03	98.17	97.30	84.78

Competitive Comparison of Dolphin Entertainment's Gross Margin %

For the Advertising Agencies subindustry, Dolphin Entertainment's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dolphin Entertainment's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dolphin Entertainment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dolphin Entertainment's Gross Margin % falls into.

Dolphin Entertainment Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Dolphin Entertainment's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	42.2	/	43.123
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(43.123 - 0.947)	/	43.123
	=	97.80 %

Dolphin Entertainment's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	12.9	/	15.236
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(15.236 - 2.319)	/	15.236
	=	84.78 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Dolphin Entertainment (NAS:DLPN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Dolphin Entertainment had a gross margin of 84.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Dolphin Entertainment Gross Margin % Related Terms

Thank you for viewing the detailed overview of Dolphin Entertainment's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dolphin Entertainment (Dolphin Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dolphin Entertainment Inc (NAS:DLPN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Alhambra Circle, Suite 1200, Coral Gables, FL, USA, 33134

Website

https://www.dolphinentertainment.com

Dolphin Entertainment Inc is an entertainment marketing and content development company. It provides strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music, gaming and hospitality industries. Viewpoint Creative and Be Social complement the efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services.

Executives

William Iv O'dowd	director, 10 percent owner, officer: Chief Executive Officer	2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134
Nelson Famadas	director	804 DOUGLAS ROAD, STE 365, MIAMI FL 33134
M Shanken Communications Inc	10 percent owner	825 EIGHTH AVENUE, 33RD FLOOR, NEW YORK NY 10019
Marvin Shanken	10 percent owner	825 FIFTH AVENUE, 33RD FLOOR, NEW YORK NY 10019
Mirta A Negrini	director, officer: CFO & COO	C/O DOLPHIN ENTERTAINMENT, INC., 150 ALHAMBRA CIRCLE, SUITE 1200, CORAL GABLES FL 33134
Nicholas Stanham	director	C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134
Charles Joseph Dougiello	director	208 JAVA ST., BROOKLYN NY 11222
Claudia Ann Grillo	director	11700 NE 6 AVE, BISCAYNE PARK FL 33161
Anthony A. Leo	director	1251 14TH STREET, SUITE 209, SANTA MONICA CA 90404
Allan Mayer	director	C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134
Justo L. Pozo	director, 10 percent owner	C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LEJEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134
Pozo Opportunity Fund Ii, Llc	10 percent owner	700 BILTMORE WAY - 1011, CORAL GABLES FL 33134
Michael Espensen	director	804 DOUGLAS ROAD, SUITE 365, MIAMI FL 33134