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TKO Revenue Surges 47% to $1.675 Billion Post-UFC-WWE Merger

TKO10-KFiling Date: 2/27/2024
TKO Group Holdings, Inc.
Description

What this story covers

TKO Group Holdings reported 2023 revenue of 1 point 675 billion dollars, up 47 percent year-over-year, driven by UFC growth and WWE integration post-merger. Adjusted EBITDA rose 29 percent to 809 point 1 million dollars despite a 35 point 2 million dollars net loss from costs. Segments show UFC at 58 percent margins, WWE at 43 percent. Liquidity supports operations with 235 point 8 million dollars cash; risks include debt, litigation, and competition. Governance emphasizes board oversight and related party controls.

Story snapshot

CompanyTKO Group Holdings, Inc.
TickerTKO
VariantStandard detailed
Duration17:08
Filing type10-K
PeriodAnnual 2023
IndustryTelecommunications & Media
Accession0001562762-24-000038

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