Falcon's Beyond FY2024 net income $149.5M; FCG revenue up 136% to $53.2M

Falcon's Beyond Global, Inc.

2025-Q1 EPS reported -$0.13 revenue$1,708,000

Consolidated FY2024 revenue $6.7M (management fees); FCG (unconsolidated) revenue $53.2M, up 136% YoY.
Consolidated net income $149.5M vs net loss ($430.9M) in 2023, driven by $517.7M change in earnout liability fair value.
Adjusted EBITDA loss improved to ($20.0M) from ($33.1M) in 2023.
PDP JV revenue $45.7M (+$4.4M YoY); net income $5.8M vs loss ($3.0M) in 2023.
Stock dividend of 0.2 shares per share in Dec 2024; warrants amended to mandatory exchange at 0.25 shares per warrant on Oct 6, 2028.

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