Particle.news

Download on the App Store

Beckham Brand Profits Rise as DRJB Confirms Big Dividends

Filings point to higher profit with large payouts to owners following new licensing and wellness deals.

Overview

  • DRJB Holdings reported 2024 net profit of $44.9 million, up 24% year on year, with consolidated revenue up 1% to $92.3 million.
  • Shareholder distributions included an underlying ordinary dividend of $52.5 million for 2024, with additional post‑period payments disclosed for 2025 and a total payout of about $81 million when preference and post‑period amounts are included, according to The Times.
  • Ownership remains 55% with Authentic Brands Group and 45% with Beckham’s Footwork Productions, a split that shapes how dividends are allocated.
  • Media tallies of Beckham’s personal take differ: The Times estimates about $36.5 million, the Guardian cites $23.6 million for last year plus roughly $10.4 million from this year’s post‑period payout, and the Independent reports roughly £26 million.
  • Growth was driven by new and expanded deals including a perpetual eyewear licence with Safilo, a multi‑year menswear collaboration with Boss, and the IM8 supplements venture with Prenetics, with the company signaling further partnerships as momentum continues into 2025.