FWONK Q1 2021 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$22B

Q1 2021 Earnings

Communication Services Entertainment

Income Statement

Revenue

$180M+361.5% YoY

Gross Profit

$96M53.3% margin

Operating Income

-$47M-26.1% margin

Net Income

-$46M-25.6% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-62.9%

Cash Flow

Operating Cash Flow

$184M

Free Cash Flow

$181M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$4.9B

Stockholders' Equity

$6.5B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$180M	$39M	+361.5%
Gross Profit	$96M	-$4M	+2500.0%
Operating Income	-$47M	-$152M	+69.1%
Net Income	-$46M	-$343M	+86.6%

Revenue Segments

Formula

$180M85%

Product Service Or Other

$16M8%

Development Leases

$9M4%

Baseball

$7M3%