Digital Ally Inc

Digital Ally, Inc. engages in the design, manufacture, and sale of digital audio, video recording, and speed detection devices. Its products include in-car camera systems, body-worn camera, mirrored in-car and vehicle video system, and portable surveillance system. The company was founded on December 13, 2000 and is headquartered in Lenexa, KS.

Earnings data Q4 2020

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Digital Ally Inc reports Q1 2024 results, eyes growth opportunities

Digital Ally Inc's Q1 2024 performance reflected mixed results with revenue decline but improvements in operating loss and strategic acquisitions. The company faces challenges in revenue generation and finalizing key agreements but benefits from growth opportunities in the customer entertainment sector. Overall, Digital Ally remains focused on enhancing its market position and driving future growth.

Digital Ally reports Q2 revenue growth amidst merger progress

Digital Ally's Q2 2024 performance reflects revenue growth but highlights the challenge of managing costs to improve profitability.
The company's financial position remains stable, with opportunities arising from the merger with Clover Leaf and Kustom Entertainment.
Strategic initiatives like the subscription model and festival plans position Digital Ally for future growth and market expansion.
Effective execution post-merger and successful stakeholder engagement will be critical for realizing synergies and maximizing shareholder value.

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Digital Ally, Inc. engages in the design, manufacture, and sale of digital audio, video recording, and speed detection devices. It operates through the following segments: Video Solutions, Revenue Cycle Management, and Entertainment. The Video Solutions segment includes video recording products and services for law enforcement and commercial customers and the sale of Shield disinfectant and personal protective products. The Revenue Cycle Management Segment consists of medical billing subsidiaries. The Entertainment segment focuses on ticketing services provided through TicketSmarter and its online platform, TicketSmarter.com. The company was founded on December 13, 2000 and is headquartered in Lenexa, KS.

Overland Park, KS, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly owned subsidiary of Digital Ally, Inc. (Nasdaq: DGLY), is thrilled to announce the highly anticipated lineup for the 2025 Country Stampede Festival, set to take place June 26-28, 2025, at Azura Amphitheater in Bonner Springs, Kansas. Building on its reputation as one of the nation's premier country music festivals, the event promises a weekend of unforgettable performances by some of the biggest names in country music.

Kustom Entertainment, Inc., a Digital Ally, Inc. (Nasdaq: DGLY) Subsidiary, Unveils Lineup for 2025 Country Stampede Festival Following Record-Breaking Black Friday Weekend

Lenexa, KS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on November 25, 2024, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company's securities on Nasdaq.

Digital Ally, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Lenexa, KS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY)(the “Company” or “Digital Ally”), a leading provider of video solutions that develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and event security, is forging ahead with cutting-edge innovations and strong leadership aimed at reshaping the future of security and efficiency in video technology systems.

Digital Ally Advances with Strong Sales and New Innovations

Digital Ally, Inc. (NASDAQ:DGLY ) Q2 2024 Earnings Conference Call August 19, 2024 11:15 AM ET Company Participants Stan Ross - Chief Executive Officer Brody Green - President Conference Call Participants Rommel Dionisio - Aegis Capital Operator Good morning, ladies and gentlemen, and welcome to the Digital Ally Second Quarter Earnings Conference Call. At this time, all lines are in a listen-only mode.

Digital Ally, Inc. (DGLY) Q2 2024 Earnings Call Transcript

LENEXA, Kansas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the second quarter of 2024. An investor conference call is scheduled for 11:15 a.m. EDT on Monday, August 19, 2024 (see details below).

DIGITAL ALLY, INC ANNOUNCES SECOND QUARTER 2024 OPERATING RESULTS

Digital Ally (NASDAQ: DGLY ) stock is on the rise Wednesday alongside heavy pre-market trading of the digital video imaging, storage and disinfectant company's shares. This has more than 15.7 million shares of DGLY stock changing hands as of this writing.

Why Is Digital Ally (DGLY) Stock Up 82% Today?

KANSAS CITY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”), today announced that Clover Leaf Capital Corp.'s (“Clover Leaf”) registration statement on Form S-4 has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) as of Tuesday, July 30, 2024, relating to the previously announced proposed business combination by and among Clover Leaf, Kustom Entertainment, Inc. and CL Merger Sub, Inc.

Kustom Entertainment, Inc. and Clover Leaf Capital Corp. Announce Effectiveness of Registration Statement as Digital Ally Announces Record Date for Distribution

Lenexa, Kansas, June 25, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $2.9 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for inventory purchases, artist costs for upcoming festivals, transaction cost, expanded sales, marketing and general working capital.

Digital Ally Announces Closing of Approximately $2.9 Million Private Placement

Lenexa, Kansas, June 24, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds are expected to be approximately $2.9 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for inventory purchases, artist costs for upcoming festivals, transaction cost, expanded sales, marketing and general working capital.

Digital Ally Announces Pricing of approximately $2.9 million Private Placement

LENEXA, Kansas, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the first quarter of 2024. An investor conference call is scheduled for 11:15 a.m. EDT on Tuesday, May 21, 2024 (see details below).

DIGITAL ALLY, INC ANNOUNCES FIST QUARTER 2024 OPERATING RESULTS

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LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023. An investor conference call is scheduled for 11:15 a.m. EDT on Tuesday, April 2, 2024 (see details below).

DIGITAL ALLY, INC ANNOUNCES 2023 OPERATING RESULTS

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Expanding entertainment company is redefining online ticketing with innovative design and transparent pricing KANSAS CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”), proudly unveils Kustom Tickets, an advanced online ticketing platform designed to offer users a seamless and enjoyable ticket-buying experience. The newly launched platform, KustomTickets.com, sets itself apart with a user-friendly interface, visually stunning graphic design, an innovative and high-performance backend, and a commitment to transparency in pricing.

KUSTOM ENTERTAINMENT LAUNCHES KUSTOM TICKETS PLATFORM

Large Order was Purchased as part of the Company's Subscription Purchasing Program and Puts its Video Solutions in Near-Airport Locations Across the Country

Digital Ally Announces Notable Contract with The Parking Spot

Order from Kansas State University placed through the Company's subscription payment plan as strong demand continues for FirstVu Pro body-worn cameras

Digital Ally Announces University Security Order

The Company's subscription model continues its momentum in 2023, bringing in over 110 new contracts, bringing the total to over 300 contracts since the adoption of this model in the middle of 2020.

Digital Ally Concludes 2023 With Over 110 New Subscription Customers During the Year

The Company's subscription payment plan continues to see strong demand for its FirstVu Pro body-worn cameras and EVO-HD in-car video solution.

Digital Ally Announces Deferred Revenue Surpasses $10 Million Mark

KANSAS CITY, KS and MIAMI, FL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) and Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE”), a publicly traded special purpose acquisition company (SPAC), and Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly-owned subsidiary of Digital Ally, today announced that CLOE and Kustom Entertainment have entered into an amendment to the Lock-Up Agreement (“Amended Lock-Up Agreement”) in connection with the proposed business combination (the “Business Combination”) between CLOE and Kustom Entertainment announced June 2, 2023.

Kustom Entertainment Inc. and Clover Leaf Capital Corp. Amend the Lock-Up Agreement in their Proposed Business Combination

Industry veteran adds expertise, momentum to growing Digital Ally company KANSAS CITY, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and subsidiary of Digital Ally Inc. (“Digital Ally”) (Nasdaq: DGLY), has tapped Kansas City-native Erik Dahl as its new Chief Financial Officer (the “CFO”). The appointment, effective November 20, 2023, puts Mr.

KUSTOM ENTERTAINMENT NAMES ERIK DAHL CHIEF FINANCIAL OFFICER

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Digital Ally aims to expand and diversify its commercial video solution division at leading cannabis industry event in Las Vegas

Digital Ally Announces First Ever Attendance at MJBizCon Las Vegas

LENEXA, Kansas, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the third quarter 2023. An investor conference call is scheduled for 11:15 a.m. EDT on Wednesday, November 15, 2023 (see details below).

DIGITAL ALLY, INC ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS

LENEXA, KS., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (the “Company”) (Nasdaq: DGLY), today announced that the Board of Directors (the “Board”) of the Company appointed D. Duke Daughtery as a member of the Board, effective immediately, to hold office until the next meeting of shareholders of the Company at which directors are being elected or as set forth in the Company's bylaws.

Digital Ally Appoints New Member of the Board of Directors

KANSAS CITY, KS and MIAMI, FL, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) and Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE”), a publicly traded special purpose acquisition company, today announced the filing of a registration statement by CLOE on Form S-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”), which contains a preliminary proxy statement and prospectus in connection with the proposed business combination (the “Business Combination”), announced June 2, 2023, with Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly-owned subsidiary of Digital Ally.

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