secwatch.observer — SEC 8-K summary
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Issuer:     Falcon's Beyond Global, Inc. (FBYD)
CIK:        0001937987
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-068373
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Falcon's Beyond Q2 consolidated net income $8M vs loss; FCG revenue up 202% to $15.7M
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- Consolidated revenue of $1.8M from corporate services; FCG deconsolidated and equity-accounted.
- Falcon's Creative Group revenue $15.7M (+202%) with operating income of $2.3M vs loss of $1.1M.
- PDP joint venture revenue $11.3M (+$0.9M), net income $1.3M; Falcon's share of income $0.7M.
- Consolidated net income $8.0M vs net loss of ($8.8M) a year ago; gain from earnout liability fair value change.
- Adjusted EBITDA improved to ($1.9M) from ($8.4M) on lower SG&A and higher equity method income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1937987/000121390024068373/0001213900-24-068373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1937987/000121390024068373/ea0211038-8k_falcon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-068373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer