Jun 30, 2024

Falcons Beyond Q2 2024 Earnings Report

Announced second quarter 2024 results with consolidated revenue of $1.8 million.

Key Takeaways

Falcon's Beyond reported a consolidated revenue of $1.8 million for the second quarter of 2024. Falcon’s Creative Group, Q2 revenue Increased to $15.7 Million and Company’s Unconsolidated Joint Venture, Producciones de Parques, Q2 Revenue Increased to $11.3 Million.

Consolidated revenue reached $1.8 million.

Falcon’s Creative Group's revenue increased in Q2 2024.

Producciones de Parques' revenue increased in Q2 2024.

Company overhead costs saw a significant reduction.

Total Revenue
$1.8M
Previous year: $5.32M
-66.2%
EPS
$0.01
Previous year: -$1.1
-100.9%
Gross Profit
$1.8M
0
Cash and Equivalents
$1.66M
Previous year: $330K
+403.8%
Free Cash Flow
-$2.62M
Previous year: -$374K
+599.6%
Total Assets
$65.9M
Previous year: $75.2M
-12.3%

Falcons Beyond

Falcons Beyond

Falcons Beyond Revenue by Segment

Forward Guidance

The Company is committed to continuing to deliver exceptional experiences for our guests, customers and partners.