Endeavor Group Holdings Inc

EDR

Equity

ISIN US29260Y1091 / Valor 48155896

New York Stock Exchange, Inc (2024-11-21)

USD 29.55+0.54%

Endeavor Group Holdings Inc
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About company

Endeavor Group Holdings Inc. is a diversified global entertainment, sports, and content company. It operates through various subsidiaries, including IMG and WME, to offer a wide range of services across the entertainment and sports industries. Endeavor's business encompasses talent representation, sports operations and advisory, event management, media production and distribution, and brand licensing. The company is a major player in live event experiences and hospitality, leveraging its On Location subsidiary. It also engages in full-service marketing through its agency 160over90, and it is at the forefront of sports data and technology with OpenBet and IMG ARENA. Endeavor Group Holdings is the majority owner of TKO Group Holdings, which includes premium sports and entertainment entities such as UFC and WWE. Additionally, the company's IMG Licensing division manages licensing programs for renowned brands and events, while Endeavor Analytics offers data services and analytics. Endeavor Streaming provides a platform for distributing live and on-demand content across various domains. Through IMG ARENA, the company supplies live streaming and data feeds for sports events to stakeholders in the betting, media, and sports performance sectors. Overall, Endeavor Group Holdings Inc. stands as a key entity in the integration of sports, entertainment, and media, delivering comprehensive services and content globally.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Endeavor Group Holdings Inc. reported a revenue of $1.850 billion for the first quarter of 2024. This growth was driven by increased live event ticket sales and partnerships within their Owned Sports Properties segment, including TKO Group Holdings, Inc. and Professional Bull Riders (PBR).

Net Loss

For Q1 2024, Endeavor Group Holdings Inc. recorded a net loss of $303.5 million. Despite the revenue growth, the company faced significant expenses that contributed to this loss.

Adjusted EBITDA

Endeavor Group Holdings Inc. achieved an Adjusted EBITDA of $374.1 million in the first quarter of 2024. This metric highlights the company's operational profitability before accounting for interest, taxes, depreciation, and amortization.

Segment Performance

The Owned Sports Properties segment of Endeavor Group Holdings Inc. saw a substantial revenue increase to $685.4 million in Q1 2024, up 94% from the same period last year. This was largely due to the acquisition of WWE and increased revenue from UFC partnerships and live events.

Cash and Debt

As of March 31, 2024, Endeavor Group Holdings Inc. had cash and cash equivalents totaling $778.6 million, down from $1.167 billion at the end of 2023. The company's total debt stood at $5.010 billion, showing a slight decrease from $5.028 billion at the end of the previous year.

Summarized from source with an LLMView Source

Key figures

20.6%1Y

0.72%3Y

%5Y

Performance

18.2%1Y

36.4%3Y

39.1%5Y

Volatility