Category 11
Adult entertainment
Public companies with direct revenue from adult entertainment, adult media, adult clubs, licensing, or adult-specific platforms.
Classification and underwriting
- Category definition
- Public companies with direct revenue from adult entertainment, adult media, adult clubs, licensing, or adult-specific platforms.
- Inclusion rules
- pornography
- adult platforms
- adult clubs
- adult-specific infrastructure
- Exclusion rules
- general media or payment vendors without adult-specific materiality
- Value-chain roles
- venue operator
- content owner
- brand licensor
- platform operator
- Exposure measurement
- Revenue and operating profit from adult venues, content, licensing, platforms, and related distribution.
- Core operating signals
- same-store sales
- venue count
- traffic
- licensing revenue
- payment acceptance
- operating margin
- Underwriting variables
- venue economics
- brand licensing
- payment access
- app distribution
- legal compliance
- Failure conditions
- payment cutoff
- license loss
- venue closure
- platform restriction
- legal action
- Monitoring triggers
- same-store sales
- payment-policy changes
- license action
- traffic shifts
- litigation
- Portfolio use
- A structurally narrow public-equity category where payment, platform, and licensing dependencies are central.
Adult entertainment company research
Latest annual filing available through SEC EDGAR. Fiscal periods and currencies remain separate.
| Company | Revenue | Operating margin | Net margin | Operating cash flow | Assets | Liabilities | Annual filing |
|---|---|---|---|---|---|---|---|
| RICK · RCI HOSPITALITY HOLDINGS, INC. | USD 70.9 M | -0.7% | -7.8% | USD 49.4 M | USD 597 M | USD 336 M | 10-K · 2025-09-30 |
| PLBY · Playboy, Inc. | USD 121 M | -6.6% | -10.5% | USD 0 M | USD 292 M | USD 274 M | 10-K · 2025-12-31 |
Research coverage only. No row identifies a holding, ranking, recommendation, target price, or performance result.