Dolphin Entertainment, Inc. (NASDAQ:DLPN) Q4 2022 Earnings Call Transcript

If you have something that could pay off 7-figure profits to you from a successful 2.0 venture when you’ve got a $40 million, $50 million revenue company and single-digit millions of profit in cash, that could double your profit, triple your profit. It’s meaningful to a company our size. So that’s the mouse trap we’ve built. And I know, Allen, you’ve been with us from the beginning. You’ve seen it from when we acquired 42West and wanted to uplist to NASDAQ and hopefully, build the group. For those on the call that have known us for a while to see where we are now, 7 acquisitions later, 1 more to go to complete the original vision of building a super group that would be unique in the market, that would be cash positive and then have the upside of these 2.0 opportunities.

We’re pretty far along in that story now. So very lucky. I feel very blessed about that.

Operator: Thank you. There were no other questions from the lines. I will now hand the call back to Bill O’Dowd for closing remarks.

William O’Dowd : Okay. Well, thank you. And I did get an e-mail from someone wondering if we’re going to represent James Carbonara for his singing career through Shore Fire. We have not successfully signed James. But those who know James, maybe you want to push him in our direction. Maybe he’ll sing the safe harbor statement on the Q1 earnings call. That would be very exciting for all of us and for Wall Street, I’m sure. Thank you, everybody. I know many of you heard our — many of you on this call who were on our Q3, you’re seeing the progress, hopefully, quarter-over-quarter of our company and what we think we’re building. And as you heard me say, to the last of Allen’s questions, we certainly like where we are. And 2023 is an exciting year for us because we collect revenue from our — we expect to collect revenue from our 2.0 investments.

So — and we expect to significantly increase the number of opportunities we have in our slate with the hiring of Ellie and the management team we’re putting in place to be able to handle that. That should be very exciting for our company and gives us a lot of upside in the future. So thanks, everybody, for both listening to this call and joining us on this journey. Look forward to the one in just about 6 weeks. Thank you, everybody.

Operator: Thank you. This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.