Digital Brands Group (DBGI) Reports Q4 Loss of $0.76/sh

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Digital Brands Group Reports Fourth Quarter and Fiscal Year 2021 Financial Results

March 31, 2022 4:30 PM EDT

AUSTIN, Texas, March 31, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its fourth quarter and 2021 fiscal year ended December 31, 2021. 

Results for the Fourth Quarter

Net revenues increased 425% to $4.0 million in the fourth quarter of 2021 compared to $0.8 million in the fourth quarter of 2020.  This revenue growth was experienced across all our portfolio brands.

Net loss attributable to common stockholders in the fourth... More