Falcon's Beyond Q1 2024: FCG revenue $14.9M (+87% YoY); adjusted EBITDA loss narrows to $4.5M

Falcon's Beyond Global, Inc.

2024-Q1 EPS reported $1.53 revenue$1,516,000

Consolidated revenue $1.5M; unconsolidated FCG revenue $14.9M (+87% YoY) with $1.6M operating income vs $1.2M loss.
Consolidated net income $114.0M (incl. $118.6M earnout gain); adjusted EBITDA loss improved to $4.5M from $8.0M.
Joint venture PDP revenue $7.5M (+$1.2M); net income $1.0M; FBYD share $0.5M.
Announced licensing deal with Hershey, Qiddiya Dragon Ball park master planning, and new Falcon's Attractions Systems division.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Falcon's Beyond Global, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $1.5 million, net income $114.0 million.

Period: the fiscal quarter ended March 31, 2024
Revenue: $1.5 million
Net income: $114.0 million
Result: reported results

Exact text from the filing

Falcon’s Beyond generated consolidated revenues of $1.5 million for the three-month period ended March 31, 2024

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Source: SEC EDGAR

accession 0001213900-24-044380

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