FWONK Q3 2020 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$21B

Q3 2020 Earnings

Communication Services Entertainment

Income Statement

Revenue

$597M-5.7% YoY

Gross Profit

$46M7.7% margin

Operating Income

-$115M-19.3% margin

Net Income

-$95M-15.9% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+2387.5%

Cash Flow

Operating Cash Flow

-$168M

Free Cash Flow

-$171M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$11.2B

Total Liabilities

$4.7B

Stockholders' Equity

$6.5B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$597M	$633M	-5.7%
Gross Profit	$46M	$199M	-76.9%
Operating Income	-$115M	$32M	-459.4%
Net Income	-$95M	$41M	-331.7%

Revenue Segments

Baseball

$102M93%

Development Leases

$8M7%