← TKO Group Holdings, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
| Net Income From Continuing Operations | — | $389.0m | $143.0m | ($245.7m) | $546.3m | |
| Net Income (Loss) Attributable to Parent | $273.6m | $389.0m | ($35.2m) | $9.4m | $195.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $273.6m | $389.0m | $175.7m | $9.4m | $195.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $389.0m | $175.7m | $6.4m | $546.3m | |
| Depreciation, Depletion and Amortization | $63.2m | $60.0m | $164.6m | $392.8m | $485.0m | |
| Amortization of Debt Issuance Costs and Discounts | — | $10.6m | $10.6m | $10.4m | $2.8m | |
| Amortization of Intangible Assets | — | $46.7m | $129.3m | $304.5m | $367.8m | |
| Depreciation | $63.2m | $13.3m | $29.9m | $67.6m | $91.2m | |
| Amortization and impairments of content costs | $9.9m | $14.5m | $23.8m | $25.2m | $26.3m | |
| Amortization and write-off of original issue discount and deferred financing costs | $8.6m | $10.6m | $10.6m | $10.4m | $2.8m | |
| Amortization Cash Flow | — | $46.7m | $25.0m | $27.5m | $26.3m | |
| Amortization Of Intangibles | — | $46.7m | $25.0m | $27.5m | $26.3m | |
| Depreciation Amortization Depletion | — | $60.0m | $249.0m | $485.4m | $511.2m | |
| Deferred Income Tax Expense (Benefit) | — | $318k | $222k | ($58.1m) | ($10.1m) | |
| Deferred Income Tax | — | $2.3m | ($10.1m) | ($70.5m) | $20.8m | |
| Deferred Tax | — | $2.3m | ($10.1m) | ($70.5m) | $20.8m | |
| Share-based Payment Arrangement, Noncash Expense | — | $23.7m | $57.1m | $94.6m | $117.6m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | $0 | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | |
| Impairment charges | — | — | $21.5m | $27.9m | $3.6m | |
| Asset Impairment Charge | — | $0 | $21.5m | $27.9m | $3.6m | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | ($10.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $150k | $15k | — | $28.4m | $1.3m | |
| Income (Loss) from Equity Method Investments | — | ($209k) | ($266k) | ($2.3m) | $13.4m | |
| Income Tax Expense (Benefit) | — | $14.3m | $31.4m | $25.7m | $73.8m | |
| Other Nonoperating Income (Expense) | — | ($1.3m) | ($186k) | $563k | ($25.7m) | |
| Earnings (Loss)es From Equity Investments | — | $209k | ($9.2m) | ($1.8m) | ($13.4m) | |
| Changes in operating assets and liabilities: | ||||||
| Additional Financial Items | ||||||
| Increase (Decrease) in Accounts Receivable | — | $26.4m | ($15.1m) | $52.7m | $140.2m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($15.6m) | |
| Goodwill | — | $2.6b | $7.7b | $7.7b | $8.4b | |
| Operating Expenses | — | $595.8m | $1.2b | $2.5b | $3.9b | |
| Payments of Financing Costs | — | — | $286k | $8.3m | $3.3m | |
| Proceeds from Contributed Capital | — | — | $5.8m | $6.4m | — | |
| Proceeds from Contributions from Parent | — | — | — | — | $26.5m | |
| Provision for Loan, Lease, and Other Losses | — | $3.3m | $188k | $2.5m | — | |
| Equity-based compensation | $63.9m | $23.7m | $57.1m | $94.6m | $117.6m | |
| Income taxes | ($2.4m) | $2.3m | $6.8m | ($70.3m) | $20.8m | |
| Equity earnings of affiliates | — | $209k | $266k | $2.3m | ($13.4m) | |
| Distributions from affiliates | — | — | $485k | $17k | $11.1m | |
| Change in fair value of financial instruments | — | — | ($5.7m) | ($3.8m) | ($5.3m) | |
| Change in fair value of contingent liabilities | — | — | $2.0m | ($130k) | — | |
| Net loss (gain) on foreign currency transactions | — | — | ($12.7m) | $6.1m | $15.6m | |
| Loss on disposal of assets | — | — | $1.4m | $84.1m | — | |
| Net provision (benefit) for allowance for doubtful accounts | ($841k) | $3.3m | $188k | $2.5m | $12.8m | |
| Other, net | ($43k) | $3k | $1.3m | $582k | $56k | |
| Accounts receivable | $4.4m | ($26.4m) | $15.1m | ($52.7m) | ($140.2m) | |
| Other current assets | ($16.1m) | $10.0m | $11.6m | ($29.1m) | ($30.0m) | |
| Other noncurrent assets | ($16.7m) | ($16.8m) | ($17.1m) | ($34.8m) | ($74.9m) | |
| Deferred costs | — | — | ($269.5m) | $367.0m | ($52.7m) | |
| Accounts payable and accrued liabilities | $26.0m | $19.7m | $38.2m | $220.9m | $97.7m | |
| Deferred revenue | $29.5m | $10.7m | ($17.2m) | ($17.7m) | $241.6m | |
| Other liabilities | ($2.2m) | $744k | ($2.6m) | $4.3m | $10.7m | |
| Purchases of property, buildings and equipment and other assets | $1.7m | $3.8m | $22.8m | $12.1m | ($127.0m) | |
| Investments in affiliates, net | ($499k) | ($875k) | $765k | ($23.5m) | ($30.7m) | |
| Proceeds from infrastructure improvement incentives | — | — | — | $11.0m | $11.7m | |
| Proceeds from borrowings | $594.3m | — | $100.0m | $2.9b | $1.1b | |
| Payments of contingent consideration related to acquisitions | — | — | ($1.7m) | ($567k) | — | |
| Net transfers (to) from parent | — | — | ($43.3m) | $12.3m | ($122.5m) | |
| Contributions from parent | — | — | $5.8m | $6.4m | $26.5m | |
| Distributions to members | ($269.1m) | ($1.1b) | ($296.6m) | ($67.3m) | ($455.6m) | |
| Payments for financing costs | ($5.0m) | — | ($286k) | ($8.3m) | ($3.3m) | |
| Distributions of non-controlling interests | — | — | ($839k) | ($1.2m) | ($60k) | |
| Cash payments for income taxes | $18.6m | $14.8m | $23.2m | $89.0m | $57.3m | |
| Capital contributions from parent | $35.2m | $23.7m | $18.6m | $6.9m | $50.9m | |
| Accretion of redeemable non-controlling interests | ($1.3m) | ($1.5m) | — | $8.0m | $6.4m | |
| Principal stockholder contributions | — | — | $9.0m | $1.5m | — | |
| Beginning Cash Position | — | $874.7m | $316.0m | $371.8m | $678.1m | |
| Cash Flow From Continuing Financing Activities | — | ($1.2b) | ($174.1m) | ($155.0m) | ($635.7m) | |
| Cash Flow From Continuing Investing Activities | — | ($13.3m) | ($36.0m) | ($117.2m) | ($146.9m) | |
| Change In Other Current Assets | — | ($6.8m) | ($173.7m) | ($238.1m) | ($104.9m) | |
| Change In Other Current Liabilities | — | $744k | $45.0m | $70.7m | $10.7m | |
| Change In Other Working Capital | — | $10.7m | ($127.0m) | $108.9m | $188.9m | |
| Change In Payables And Accrued Expense | — | $19.7m | $24.9m | $308.4m | $97.7m | |
| Change In Receivables | — | ($26.4m) | $30.4m | ($66.6m) | ($140.2m) | |
| Change In Working Capital | — | ($2.1m) | ($200.5m) | $183.2m | $52.2m | |
| Changes In Account Receivables | — | ($26.4m) | $30.4m | ($66.6m) | ($140.2m) | |
| Changes In Cash | — | ($692.9m) | $56.1m | $313.9m | $503.1m | |
| End Cash Position | — | $180.6m | $371.8m | $678.1m | $1.2b | |
| Financing Cash Flow | — | ($1.2b) | ($174.1m) | ($155.0m) | ($635.7m) | |
| Free Cash Flow | — | $489.3m | $172.4m | $467.3m | $1.2b | |
| Gain Loss On Investment Securities | — | — | $6.5m | $8.2m | $11.1m | |
| Investing Cash Flow | — | ($13.3m) | ($36.0m) | ($117.2m) | ($146.9m) | |
| Net Business Purchase And Sale | — | ($875k) | $380.9m | ($35.1m) | ($39.3m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | ($12.7m) | $6.1m | $15.6m | |
| Net PPE Purchase And Sale | — | ($12.4m) | ($93.8m) | ($90.5m) | ($121.2m) | |
| Operating Gains Losses | — | $209k | ($15.4m) | $96.6m | $23.8m | |
| Other Non Cash Items | — | $25.2m | $14.0m | $10.9m | $2.8m | |
| Proceeds From Stock Option Exercised | $53.1m | $0 | $0 | — | — | |
| Provisionand Write Offof Assets | — | $3.3m | $5.9m | ($1.4m) | $12.8m | |
| Purchase Of Business | — | ($875k) | ($735k) | ($35.1m) | ($39.3m) | |
| Purchase Of PPE | — | ($12.4m) | ($93.8m) | ($118.8m) | ($127.0m) | |
| Repurchase Of Capital Stock | — | $0 | ($100.0m) | ($165.0m) | ($866.8m) | |
| Sale Of Business | — | $0 | $381.6m | $17k | $0 | |
| Sale Of PPE | — | $0 | $0 | $28.4m | $5.8m | |
| Stock Based Compensation | — | $23.7m | $64.5m | $103.5m | $117.6m | |
| Unrealized Gain Loss On Investment Securities | — | $0 | ($5.7m) | ($3.8m) | ($5.3m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | $100k | |
| Net Cash Provided by (Used in) Operating Activities | $441.2m | $501.7m | $468.4m | $583.4m | $1.3b | |
| Cash flows from investing activities: | ||||||
| Capital expenditures included in current liabilities | — | — | $25.4m | $14.1m | $14.7m | |
| Capital Expenditure Reported | ($4.3m) | ($418k) | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $8.7m | |
| Net Investment Purchase And Sale | — | — | $0 | $0 | $1.9m | |
| Sale Of Investment | — | — | $0 | $0 | $1.9m | |
| Net Other Investing Changes | — | $15k | ($2.1m) | $8.3m | $11.7m | |
| Net Cash Provided by (Used in) Investing Activities | ($11.5m) | ($13.3m) | $12.3m | ($59.0m) | ($146.9m) | |
| Cash flows from financing activities: | ||||||
| Proceeds from Issuance of Long-term Debt | — | — | $100.0m | $2.9b | $1.1b | |
| Issuance Of Debt | — | $0 | $142.9m | $3.0b | $1.1b | |
| Long Term Debt Issuance | — | $0 | $142.9m | $3.0b | $1.1b | |
| Net Issuance Payments Of Debt | — | ($82.6m) | ($34.0m) | $7.1m | $982.0m | |
| Net Long Term Debt Issuance | — | ($82.6m) | ($34.0m) | $7.1m | $982.0m | |
| Repayments of Long-term Debt | — | $82.6m | $133.4m | $2.9b | $70.4m | |
| Repayment of long-term debt | ($207.9m) | ($82.6m) | ($133.4m) | ($2.9b) | ($70.4m) | |
| Long Term Debt Payments | — | ($82.6m) | ($177.0m) | ($2.9b) | ($70.4m) | |
| Repayment Of Debt | — | ($82.6m) | ($177.0m) | ($2.9b) | ($70.4m) | |
| Net Common Stock Issuance | — | $0 | ($100.0m) | ($165.0m) | ($866.8m) | |
| Payments for Repurchase of Common Stock | — | — | $100.0m | $165.0m | $866.8m | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | $185 | |
| Repurchase of Class A common stock | — | — | ($100.0m) | ($165.0m) | ($866.8m) | |
| Excise taxes on repurchases of common stock | — | — | — | $909k | $7.2m | |
| Common Stock Payments | — | $0 | ($100.0m) | ($165.0m) | ($866.8m) | |
| Cash Dividends Paid | — | ($1.1b) | $0 | $0 | ($640.7m) | |
| Common Stock Dividend Paid | — | ($1.1b) | $0 | $0 | ($640.7m) | |
| Dividends Received CFI | — | $0 | ($321.0m) | $0 | $0 | |
| Net Other Financing Charges | — | ($2.9m) | ($40.0m) | $3.0m | ($110.2m) | |
| Net Cash Provided by (Used in) Financing Activities | — | ($1.2b) | ($424.5m) | ($232.3m) | ($635.7m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($1.2m) | ($923k) | ($2.4m) | $4.8m | |
| Effects of exchange rate movements on cash | $227k | ($1.2m) | ($923k) | ($2.4m) | $4.8m | |
| Effect Of Exchange Rate Changes | — | ($1.2m) | ($235k) | ($7.6m) | $4.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($694.1m) | $55.3m | $289.7m | $507.9m | |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | $592.5m | ($694.1m) | $55.3m | $289.7m | $507.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $180.6m | $235.8m | $525.6m | $1.2b | |
| CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD | $874.7m | $180.6m | $235.8m | $525.6m | $1.2b | |
| Supplemental disclosure of cash flow information: | ||||||
| Change In Cash Supplemental As Reported | — | ($694.1m) | $55.8m | $306.2m | $507.9m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $84.2m | $118.3m | $226.5m | $267.5m | $215.0m | |
| Income Taxes Paid, Net | $18.6m | $14.8m | $23.2m | $89.0m | $57.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.