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-0.0149253731343283 -0.0298507462686567 0.00373134328358214 -0.0373134328358209 -0.0455223880597014 -0.0477611940298508 -0.0656716417910447 -0.0507462686567164
Stock impact report

Digital Brands sees FY24 revenue $27M-$30M [Seeking Alpha]

Digital Brands Group, Inc. (DBGI) 
Company Research Source: Seeking Alpha
The Co. also expects its first quarter 2024 revenues to ~$6M, based on $4.5M in confirmed wholesale bookings. The Co. forecasts EBITDA of $1.5M to $2M for 2024, as it leverages its shared services platform and increased wholesale bookings. Additionally, the Co. forecasts $6M to $7M in internal free cash flow for 2024. "We are excited to showcase our commitment to shareholder growth in 2024. As part of this commitment, we continue to review strategic alternatives, especially given our assets and operating forecast relative to our public market value." said Hil Davis, CEO of Digital Brands Group. DBGI premarket to $3.43. Recommended For You Show less Read more
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