FWONK Q4 2023 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONKFormula One Group

$22B

Q4 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.2B+63.1% YoY

Gross Profit

$330M26.8% margin

Operating Income

$122M9.9% margin

Net Income

$60M4.9% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+38.7%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

-$53M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$3.8B

Stockholders' Equity

$6.4B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$754M	+63.1%
Gross Profit	$330M	$227M	+45.4%
Operating Income	$122M	$41M	+197.6%
Net Income	$60M	$374M	-84.0%