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Digital Brands Group vs Neo-concept International Group Holdings

Neo-concept International Group Holdings is the larger business, with $17.6m of revenue in fiscal 2025 against $7.4m for Digital Brands Group (2.4 times as much). Digital Brands Group grew faster (-36.1% against -41.7%). Neo-concept International Group Holdings kept more of each dollar of sales as profit: a net margin of 0.2% against -382.8%.

Latest fiscal yearDigital Brands GroupDBGI, 2025Neo-concept International Group HoldingsNCI, 2025
Revenue $7.4m $17.6m
Revenue growth -36.1% -41.7%
Net income −$28.3m $42,548
Operating margin — 1.3%
Net margin -382.8% 0.2%
Return on equity — 0.6%
Free cash flow −$15.9m $2.2m
Cash $1.9m $299,730
Total debt $9.6m $1.2m
Debt to equity — 16.8%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 33 —
Market value $306,619 $2.8m
Price vs our value range — —
Moat score 15 (Weak) —
Insider trades, 12 months 2 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.