NASDAQ$KUST

Kustom Entertainment Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Digital Ally's first quarter 2020 results were announced, impacted by the Covid-19 pandemic but showing improvements in gross profit and reduced operating losses.

Digital Ally reported a 5% decrease in revenue for Q1 2020 compared to Q1 2019, but improved gross profit by 18%. The company experienced an operating loss, but it was significantly less than the previous year due to reduced SG&A expenses. The Covid-19 pandemic adversely affected the company's operations as law enforcement and commercial customers delayed purchasing decisions.

  • Total revenue decreased by 5% to $2,425,745 compared to Q1 2019.
  • Gross profit improved 18% to $1,265,028, with gross margin increasing due to lower cost of sales.
  • Operating loss improved by 38% to $1,927,368 compared to $3,086,158 in 2019.
  • Net loss was ($2,334,110), or ($0.17) per share, compared to a prior-year net loss of $3,205,174, or ($0.29) per share.

Headline financials

Total Revenue

$2.43M

Previous: $2.55M-4.9%
EPS (adj)

-$3.40

Previous: -$5.80+41.4%
Capital Expenditures

-$1.67K

Previous: -$59.3K+97.2%
Free Cash Flow

-$2.34M

Previous: -$3.26M+28.4%
Net Income

-$2.33M

Previous: -$3.21M+27.2%
Operating Income

-$1.93M

Previous: -$3.09M+37.5%
Gross Profit

$1.27M

Previous: $1.18M+7.0%
Cash & Equivalents

$329K

Previous: $2.38M-86.2%
Total Assets

$9.24M

Previous: $13.2M-30.2%
Stock-Based Comp

$312K

Previous: $725K-57.0%

Revenue & EPS history

Digital Ally · Revenue · Quarterly

$2.43M

Q1 2020-4.9%vs Q1 2019
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Digital Ally · $4.31M total across 2 segments · Q1 2026

  • Entertainment
    $3.21M
  • Video Solutions
    $1.11M

Forward guidance

Forward-looking statements caution that actual results could differ materially due to various factors, including the impact of the Covid-19 pandemic, the ability to resolve liquidity issues, and the outcome of litigation with Axon.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-1.2%

Avg return

Earnings day

-4.9%

Avg return

5 days after

+3.9%

Avg return

30 days after

44%

28 / 64 earnings

Positive

+41.8%

Q1 2013

Best reaction

-25.3%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-7.7%-50.7%
Q3 2025-4.6%-18.7%-27.1%
Q2 2025-0.6%+8.1%+16.2%
Q1 2025-19.8%-42.2%-46.3%
Q4 2024+1.0%-37.5%-39.7%
Q3 2024-0.5%+13.2%-54.7%
Q2 2024-25.3%-25.3%-22.6%
Q1 2024-3.5%-7.5%-13.5%
Q4 2023-6.0%-2.0%-3.6%
Q3 2023-13.5%-17.1%-24.2%
Q2 2023-6.7%-8.9%-21.0%
Q1 2023+6.8%+9.3%+42.2%
Q4 2022-14.7%-17.7%-29.2%
Q3 2022+0.0%+0.0%-24.3%
Q2 2022-11.2%-13.5%-39.3%
Q1 2022-4.0%-14.9%-20.8%
Q4 2021+4.6%+3.7%-10.1%
Q3 2021+3.2%-0.8%-13.5%
Q2 2021+0.8%+0.0%-0.8%
Q1 2021+1.8%+1.8%+9.0%
Q4 2020+0.0%-0.6%+4.0%
Q3 2020+5.0%+0.4%+8.3%
Q2 2020-24.9%-31.0%-34.0%
Q1 2020-4.8%-4.8%+435.7%
Q4 2019+0.0%+11.7%+13.0%
Q3 2019-0.8%-0.8%-3.4%
Q2 2019-14.3%-14.3%+20.2%
Q1 2019-10.1%-13.3%-21.0%
Q4 2018+2.4%+2.7%+15.3%
Q3 2018-1.8%-0.4%-7.4%
Q2 2018-3.8%+0.0%+62.3%
Q1 2018-7.4%+0.0%-4.4%
Q4 2017+17.4%+15.2%+13.0%
Q3 2017+8.0%+10.3%+31.5%
Q2 2017+1.7%+13.6%-1.7%
Q1 2017+2.7%-7.2%-7.2%
Q4 2016+2.2%+4.6%+3.4%
Q3 2016+3.0%+12.0%-4.4%
Q2 2016-9.0%-11.8%+3.2%
Q1 2016+1.3%
Q4 2015-12.1%
Q3 2015-1.0%
Q2 2015-17.9%
Q1 2015-7.8%
Q4 2014+19.2%
Q3 2014-11.5%
Q2 2014-19.2%
Q1 2014+3.7%
Q4 2013-22.0%
Q3 2013-17.0%
Q2 2013+6.7%
Q1 2013+41.8%
Q4 2012+3.4%
Q3 2012+13.3%
Q2 2012+5.1%
Q1 2011+11.1%
Q1 2012-10.4%
Q4 2011+40.0%
Q3 2010-3.3%
Q3 2011-3.3%
Q4 2010+10.7%
Q2 2010+10.7%
Q2 2011+10.7%
Q1 2010+2.9%

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