FWONK Q2 2019 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$21B

Q2 2019 Earnings

Communication Services Entertainment

Income Statement

Revenue

$620M+6.0% YoY

Gross Profit

$179M28.9% margin

Operating Income

$14M2.3% margin

Net Income

-$77M-12.4% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+152.0%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$28M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$6.0B

Stockholders' Equity

$5.3B

Cash & Equivalents

$334M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$620M	$585M	+6.0%
Gross Profit	$179M	$171M	+4.7%
Operating Income	$14M	$6M	+133.3%
Net Income	-$77M	$9M	-955.6%

Revenue Segments

Subscription And Circulation

$2.0B66%

Formula

$620M21%

Product Service Or Other

$208M7%

Baseball

$198M7%

Development Leases

$10M0%