FWONK Q2 2022 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$22B

Q2 2022 Earnings

Communication Services Entertainment

Income Statement

Revenue

$744M+48.5% YoY

Gross Profit

$210M28.2% margin

Operating Income

$49M6.6% margin

Net Income

$111M14.9% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+106.7%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

-$142M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$4.6B

Stockholders' Equity

$6.4B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$744M	$501M	+48.5%
Gross Profit	$210M	$103M	+103.9%
Operating Income	$49M	-$43M	+214.0%
Net Income	$111M	$55M	+101.8%

Revenue Segments

Primary Formula 1

$744M59%

Other.

$260M21%

Baseball

$247M20%

Development

$13M1%