AI English summary of an SEC filing — figures as filed

TKO said revenue for the quarter ended June 30, 2024 was $851.2 million and net income was $150.7 million. Revenue consisted of $394.4 million from UFC and $456.8 million from WWE.

8-KResults of Operations and Financial ConditionFiled Aug 8, 2024Period of report Aug 8, 2024Summary published (UTC) Oct 22, 2026

Key points

AI summary

TKO said revenue for the quarter ended June 30, 2024 was $851.2 million and net income was $150.7 million. Revenue consisted of $394.4 million from UFC and $456.8 million from WWE.
The company said Adjusted EBITDA for Q2 was $420.9 million, consisting of $231.9 million from UFC, $251.3 million from WWE and a Corporate loss of $62.3 million. It said Adjusted EBITDA margin was 49%.
TKO said operating cash flow for Q2 was $230.7 million and Free Cash Flow was $218.6 million. The company said cash and cash equivalents were $277.5 million and gross debt was $2.744 billion as of June 30, 2024.
TKO said it raised its full-year revenue outlook to $2.670 billion to $2.745 billion from $2.610 billion to $2.685 billion, and its Adjusted EBITDA outlook to $1.220 billion to $1.240 billion from $1.185 billion to $1.205 billion. It reaffirmed its target for Free Cash Flow Conversion in excess of 40%.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

TKO reports Q2 revenue of $851.2 million, net income of $150.7 million

TKO said revenue for the quarter ended June 30, 2024 was $851.2 million and net income was $150.7 million. Revenue consisted of $394.4 million from UFC and $456.8 million from WWE.

Source · Based on the filing body and exhibits

Adjusted EBITDA by segment and margin

The company said Adjusted EBITDA for Q2 was $420.9 million, consisting of $231.9 million from UFC, $251.3 million from WWE and a Corporate loss of $62.3 million. It said Adjusted EBITDA margin was 49%.

Source · Based on the filing body and exhibits

Q2 operating cash flow, Free Cash Flow, and cash and gross debt

TKO said operating cash flow for Q2 was $230.7 million and Free Cash Flow was $218.6 million. The company said cash and cash equivalents were $277.5 million and gross debt was $2.744 billion as of June 30, 2024.

Source · Based on the filing body and exhibits

Full-year outlook raised and Free Cash Flow Conversion target reaffirmed

TKO said it raised its full-year revenue outlook to $2.670 billion to $2.745 billion from $2.610 billion to $2.685 billion, and its Adjusted EBITDA outlook to $1.220 billion to $1.240 billion from $1.185 billion to $1.205 billion. It reaffirmed its target for Free Cash Flow Conversion in excess of 40%.

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.

View the original filing on SEC EDGAR ↗

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