BATRK Q1 2023 Earnings — Atlanta Braves Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BATRKAtlanta Braves Holdings, Inc.

$3B

Q1 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$31M+43.9% YoY

Gross Profit

-$8M-25.0% margin

Operating Income

-$49M-159.0% margin

Net Income

-$58M-187.2% margin

EPS (Diluted)

$-0.94

QoQ Revenue Growth

-56.5%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$71M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$229M

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$22M	+43.9%
Gross Profit	-$8M	-$6M	-20.0%
Operating Income	-$49M	-$46M	-6.5%
Net Income	-$58M	-$23M	-151.7%

Revenue Segments

Sirius XM Holdings Revenue

$2.1B84%

Formula 1

$381M15%

Other

$31M1%