Playboy, Inc. (PLBY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to Playboy's fourth quarter and full year 2025 earnings conference call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. This conference is being recorded today, Monday, March 16, 2026, and the earnings press release accompanying this conference call was issued after the market closed today. On our call today is Playboy's Chief Executive Officer, Ben Cohn, and his Chief Financial Officer and Chief Operating Officer, Mark Crossman. I'd like to remind you that the information discussed today is qualified in its entirety by the Form 8K and Form 10K filed today by Playboy, Inc., which may be accessed on the SEC's website and on Playboy's website. Please note that statements made during this call, including financial projections and other statements that are not historical in nature, may constitute forelooking statements. Such statements are made on the basis of Playboy's views and assumptions regarding future events and business performance at the time they are made, and we do not undertake any obligation to update them. Forelooking statements are subject to risks which could cause the company's actual results to differ from its historical results and forecasts, including those risks set forth in the SEC filings, and you should refer to and carefully consider those for more information. This cautionary statement applies to all four looking statements made during this call. Do not place undue reliance on any four looking statements. In addition, throughout today's call, the company may refer to adjusted EBITDA, a non-GAAP financial measure, which it believes provides helpful information to investors about t...