Digital Ally, Inc. (NASDAQ:DGLY) Q4 2022 Earnings Call Transcript

Because if you do look at it, like I mentioned just a second ago, let’s say we do six concerts that generate about an extra $10 million in revenue. So you got your ticketing platform out there and just like easy numbers are they’re doing $20 million, we add another $10 million from the production side of things. You have probably a 10% in additional ticket sales. I mean, that industry went from just last year they did $21 million, let’s say, so now where you’re doing well over $30 million. And what happens if I can sit there now doing 18 concerts the following year, I mean, I can continue to grow this entity very strongly. And also the relationships that we have with certain venues doesn’t mean just one concert a year, you could two, three, four and have that good relationship with all the local vendors and community and can build on it.

So very excited about that side of it in the ticketing side.

Rommel Dionisio: I appreciate the feedbacks. Stan, thank you.

Stanton Ross: Thank you.

Operator: Presenters, there are no further questions at this time, please proceed with your closing remarks.

Stanton Ross: Well, I appreciate everyone on the Digital Ally. I know that with us and doing the reverse when we did it, everything else. Obviously, there’s fewer shares out there and the few less shareholders as well. But we’re excited about Digital Ally’s future, we’re excited about the potential spin off with custom entertainment. We think that we’ve really positioned both companies in a really good position to maximize the relationships that are already out there and continue to look real strongly on the efforts that we need to do to continue to improve the bottom lines on there. So, thank you all so much for joining us. We look forward to visiting with you again probably in the next 40 days or so as we will be reporting our first quarter numbers. Thank you all.

Operator: Ladies and gentlemen, this concludes your conference call for today. We thank you for joining and you may now disconnect your lines. Thank you.