Filing Flows › Falcon's Beyond Global (FBYD) › Q4 2024
Falcon's Beyond Global (FBYD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 3, 2025
Falcon's Beyond Global (FBYD) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024), -37% from a year earlier and -34% from the quarter before. Operating margin was -335.6%, net loss $11.9M (871.7% of revenue).
Falcon's Beyond Global, Q4 2024: revenue $1.4M (-37% year over year), operating margin -335.6%, net loss $11.9M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -34% | -37% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$11.9M | — | — |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $1.4M in Q4 2024, down 37% year over year and down 34% from the previous quarter.
Operating costs exceeded revenue by $4.6M, an operating margin of -335.6%. Total costs fell 74% while revenue fell 37%. The fastest-growing cost line was SG&A (+20%). The quarter ended with a net loss of $11.9M, after a profit of $39.3M the previous quarter. Minority interests bore $9.7M of it: to shareholders the quarter was a loss of $2.2M. Net interest and other expense of $7.3M was the main reason.
Operating cash flow was −$3.8M. Non-cash charges added back $2K of depreciation and amortization and $423K of share-based compensation. Working capital and other items added $7.7M. Capital expenditures of $2K exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Falcon's Beyond Global's revenue in the fourth quarter 2024?
Falcon's Beyond Global (FBYD) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024), -37% from a year earlier and -34% from the quarter before.
Was Falcon's Beyond Global profitable in the fourth quarter 2024?
Operating loss was $4.6M (-335.6% of revenue) and net loss $11.9M.