FWONK FY 2023 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$22B

FY 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$3.2B+25.2% YoY

Gross Profit

$982M30.5% margin

Operating Income

$297M9.2% margin

Net Income

$185M5.7% margin

EPS (Diluted)

$0.62

Cash Flow

Operating Cash Flow

$619M

Free Cash Flow

$193M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$3.8B

Stockholders' Equity

$6.4B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.6B	+25.2%
Gross Profit	$982M	$823M	+19.3%
Operating Income	$297M	$173M	+71.7%
Net Income	$185M	$558M	-66.8%