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AI English summary of an SEC filing — figures as filed

TKO Group Holdings logoTKO Group Holdings TKO

The company said it filed recast audited historical financial information for its fiscal years 2023 and 2022, assuming the Endeavor Asset Acquisition, which was completed on February 28, 2025, had been completed on January 1, 2022. The company said the filing is not a revision or restatement of its existing 10-K.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it filed recast audited historical financial information for its fiscal years 2023 and 2022, assuming the Endeavor Asset Acquisition, which was completed on February 28, 2025, had been completed on January 1, 2022. The company said the filing is not a revision or restatement of its existing 10-K.

  2. TKO said its annual revenue for 2023 rose 21% to $3,224.8 million from $2,674.0 million a year earlier, an increase of $550.8 million. It said operating income was $375.8 million, compared with $532.9 million a year earlier.

  3. The company reported net cash provided by operating activities of $266.2 million for 2023, compared with $394.8 million a year earlier. It also said first lien term loans outstanding as of December 31, 2023 were $2.7 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Filing Recast Historical Financials Reflecting Endeavor Asset Acquisition

The company said it filed recast audited historical financial information for its fiscal years 2023 and 2022, assuming the Endeavor Asset Acquisition, which was completed on February 28, 2025, had been completed on January 1, 2022. The company said the filing is not a revision or restatement of its existing 10-K.

Source · Based on the filing body and exhibits

2023 Annual Revenue and Operating Income

TKO said its annual revenue for 2023 rose 21% to $3,224.8 million from $2,674.0 million a year earlier, an increase of $550.8 million. It said operating income was $375.8 million, compared with $532.9 million a year earlier.

Source · Based on the filing body and exhibits

2023 Operating Cash Flow and Debt

The company reported net cash provided by operating activities of $266.2 million for 2023, compared with $394.8 million a year earlier. It also said first lien term loans outstanding as of December 31, 2023 were $2.7 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.