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Alias Born | 11/12/2016 |
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Wednesday, July 19, 2023 7:54:19 AM
“We are excited for the forecasted monthly free cash flow that we should generate this fall associated with: one, positive EBITDA; and two, the end of our MCA payments in early October. We should generate over $500,000 in free cash flow monthly starting after our last MCA payment in early October. We will use this free cash flow to accelerate the growth channels that are generating strong returns as well as potentially buying back shares if that is the highest and best use of capital. We should have the cash flow to pursue both our accelerated growth strategy and a share buyback program, if that is the best use of capital and creates the highest returns. And at these levels, obviously, this dual approach would be the best case for shareholders.”
Recent DBGI News
- Digital Brands Group Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/20/2024 01:30:00 PM
- Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024 • GlobeNewswire Inc. • 05/17/2024 06:52:00 PM
- DBGI Announces Closing of Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/07/2024 08:51:00 PM
- DBGI Announces Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/03/2024 01:18:04 PM
- Digital Brands Group Reports Fourth Quarter and Fiscal Year 2023 Financial Results • PR Newswire (US) • 04/15/2024 08:15:00 PM
- Digital Brands Group to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Monday, April 15, 2024 • PR Newswire (US) • 04/12/2024 03:00:00 PM
- Digital Brands Group To Open First Retail Store in First Half of April in Dallas, Texas • PR Newswire (US) • 02/27/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 03:00:04 PM
- DBGI Reaffirms its 2024 Guidance and Commits to No Equity Offerings for 2024 • PR Newswire (US) • 02/13/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:01:25 PM
- DBG Plans to Open 50 Retail Stores Over Next Several Years Funded By Internal Free Cash Flow • PR Newswire (US) • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:13:36 PM
- Digital Brands Group Signs Letter of Intent to Open First Retail Store in March • PR Newswire (US) • 01/16/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 09:05:13 PM
- Digital Brands Group Forecasts $27M to $30M in Revenue, $6M to $7M in Internal Free Cash Flow and $1.5M to $2.0M in EBITDA for 2024 • PR Newswire (US) • 01/03/2024 01:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/20/2023 09:42:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 08:52:51 PM
- Digital Brands Group Announces Conversion of All Remaining Pre-Funded Warrants, Removing Overhang of Shares • PR Newswire (US) • 12/04/2023 02:00:00 PM
- Digital Brands Group Reports Third Quarter 2023 Financial Results • PR Newswire (US) • 11/14/2023 09:30:00 PM
- DIGITAL BRANDS GROUP INC. ANNOUNCES DATE FOR 2023 ANNUAL MEETING OF SHAREHOLDERS • PR Newswire (US) • 11/11/2023 12:30:00 AM
- Digital Brands Group to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023 • PR Newswire (US) • 11/10/2023 07:43:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 07:39:52 PM
- Digital Brands Group Announces Review of Strategic Alternatives • PR Newswire (US) • 11/06/2023 02:00:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/03/2023 08:51:03 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/26/2023 10:02:11 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM