FWONK Q2 2021 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$22B

Q2 2021 Earnings

Communication Services Entertainment

Income Statement

Revenue

$501M+1987.5% YoY

Gross Profit

$103M20.6% margin

Operating Income

-$43M-8.6% margin

Net Income

$55M11.0% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+178.3%

Cash Flow

Operating Cash Flow

$128M

Free Cash Flow

$124M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$4.9B

Stockholders' Equity

$6.6B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$501M	$24M	+1987.5%
Gross Profit	$103M	$8M	+1187.5%
Operating Income	-$43M	-$136M	+68.4%
Net Income	$55M	-$200M	+127.5%

Revenue Segments

Formula

$501M54%

Product Service Or Other

$216M23%

Baseball

$204M22%

Development Leases

$12M1%