- PLBY Group is on track to deliver $225M+ in revenues for 2021, for YoY growth upwards of 53%.
- Comprised of a legacy high-margin licensing business, a fast-growth DTC business, and a new subscription platform, PLBY is rife with optionality.
- The business which exists today is misunderstood to be a media business and investors are overlooking the potential.
- My thesis for PLBY is that investors are misunderstanding the potential for explosive value unlocked from this powerful brand.
- At the right price, I am bullish on the risk to reward presented in a long position in PLBY Group.
For further details see:
PLBY Group: A Misunderstood Company With Considerable Upside