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Dec 31, 2022

Endeavor Q4 2022 Earnings Report

Endeavor's Q4 2022 financial results were released, revealing a net loss but growth in key segments and revenue.

Key Takeaways

Endeavor reported Q4 2022 revenue of $1.26 billion and a net loss of $225.7 million. The company's Owned Sports Properties and Events, Experiences & Rights segments saw revenue growth, while the Representation segment experienced a decrease. Despite macroeconomic headwinds, Endeavor expresses confidence in its ability to deliver long-term value.

Endeavor's Q4 2022 revenue reached $1.26 billion.

The company experienced a net loss of $225.7 million for the quarter.

Owned Sports Properties segment revenue increased by 9% year-over-year.

Events, Experiences & Rights segment revenue grew by 8% year-over-year.

Total Revenue
$1.26B
Previous year: $1.51B
-16.3%
EPS
-$0.72
Previous year: $0.34
-311.8%
Adjusted EBITDA
$240M
Gross Profit
$1.26B
Previous year: $1.51B
-16.3%
Cash and Equivalents
$768M
Previous year: $1.56B
-50.8%
Free Cash Flow
$44.6M
Previous year: $86.7M
-48.6%
Total Assets
$12.5B
Previous year: $11.4B
+9.4%

Endeavor

Endeavor

Endeavor Revenue by Segment

Forward Guidance

Endeavor anticipates revenue between $5.825 billion and $5.975 billion, representing 12% growth at the midpoint. Adjusted EBITDA is expected to be between $1.250 billion and $1.305 billion, representing 10% growth at the midpoint.

Positive Outlook

  • Revenue expected between $5.825 billion and $5.975 billion, representing 12% growth at the midpoint
  • Adjusted EBITDA expected between $1.250 billion to $1.305 billion, representing 10% growth at the midpoint

Revenue & Expenses

Visualization of income flow from segment revenue to net income