Beckham's DRJB Posts Record $44.9M Profit, Big Dividends
Beckham's DRJB Posts Record $44.9M Profit, Big Dividends

Beckham's DRJB Posts Record $44.9M Profit, Big Dividends

News summary

DRJB Holdings reported record 2024 results, with consolidated revenue of about £73–73.4m (roughly $92m), up about 1%, and pre‑tax profit of roughly £35.1m (about $44.9m). The group declared substantial dividends — an underlying ordinary dividend of $52.5m and total payouts of roughly $75m–$81m including preference and post‑period payments. Because Beckham’s Footwork Productions holds 45% of DRJB (Authentic Brands owns 55% after a 2022 sale for around $269m/£200m), Beckham’s personal payout was widely reported at about $34–$36m, though some accounts cite a £23.6m distribution for certain payments. Management attributed the boost to new and expanded licensing and advertising deals with brands including Hugo Boss/BOSS, Stella Artois, SharkNinja, AliExpress, Bowers & Wilkins and Safilo, plus entry into wellness with the IM8 supplement and partnerships such as Prenetics. DRJB’s production arm Studio 99 benefited from Beckham’s Netflix documentary, lifting his global profile, while Victoria Beckham’s forthcoming Netflix documentary and ongoing fashion business challenges were also noted; the Beckhams’ combined wealth is still estimated at about £500m.

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