DigitalBridge Group Inc (6CL.F) Q4 2024 Earnings Report

4Q2024 revenue was 66.174 million, down 81.11% year over year and 13.07% quarter over quarter. The company reported a net loss of -5.051 million and earnings per share (EPS) of -0.12, while EBITDA stood at 17.988 million and operating income at 4.027 million, signaling earnings quality challenges despite some scaling in cash generation. Notably, gross profit is reported at 84.766 million with a gross margin of 128%, which is inconsistent with the revenue and expense lines and warrants data integrity verification; management commentary would be critical to interpret these figures. On the upside, DigitalBridge delivered robust operating cash flow of 28.704 million and free cash flow of 28.421 million in the quarter, contributing to a strong liquidity position. The balance sheet shows substantial liquidity with cash and cash equivalents of 302.154 million and a net debt position of 37.559 million, total assets of 3.513 billion, and total stockholders’ equity of 1.959 billion. The capital structure displays sizeable goodwill and intangible assets alongside a notable preferred stock balance, underscoring a complex financing mix. Investors should weigh the cash generation against earnings quality and capital allocation decisions, particularly given the negative net income signal in QQ4 2024.