Falcon's Beyond reported consolidated revenues of $1.7 million and a net loss of $8.1 million for the first quarter of fiscal year 2025. The net loss improved significantly compared to the prior year due to changes in the fair value of earnout liabilities, although operating expenses increased.
Consolidated revenue for Q1 2025 was $1.7 million.
Net loss for Q1 2025 was $8.1 million, a significant improvement from the prior year.
Adjusted EBITDA loss for Q1 2025 was $8.1 million, an increase in loss from the prior year.
The company completed the acquisition of key assets of Oceaneering Entertainment Systems in May 2025.
An amendment to the Warrant Agreement became effective in January 2025, simplifying the capital structure.
The report does not contain explicit forward-looking financial guidance.