Formula One Group (FWONK) — Financial statements
Income statement, balance sheet, and cash flow for Formula One Group — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,482↑22.7% | 3,653↑13.4% | 3,222↑25.2% | 2,573↑20.5% | 2,136 | |
| Cost of Revenue | 3,364↑35.2% | 2,488↑11.1% | 2,240↑28.0% | 1,750↑17.5% | 1,489 | |
| Gross Profit | 1,118↓4.0% | 1,165↑18.6% | 982↑19.3% | 823↑27.2% | 647 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 374↑29.9% | 288↑9.1% | 264 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 34↑21.4% | 28↑16.7% | 24 | 0.00 | |
| SG&A Expenses | 35↓91.4% | 408↑29.1% | 316↑9.7% | 288↑37.1% | 210 | |
| Other Expenses | 479↑1.9% | 470↑27.4% | 369↑1.9% | 362↓8.8% | 397 | |
| Operating Expenses | 514↓41.5% | 878↑28.2% | 685↑5.4% | 650↑7.1% | 607 | |
| Total Costs & Expenses | 3,878↑15.2% | 3,366↑15.1% | 2,925↑21.9% | 2,400↑14.5% | 2,096 | |
| Operating Results | ||||||
| Operating Income | 604↑110.5% | 287↓3.4% | 297↑71.7% | 173↑332.5% | 40 | |
| Depreciation & Amortization | 393↑11.6% | 352↓4.6% | 369↑1.9% | 362↓8.8% | 397 | |
| EBITDA | 1,154↑100.0% | 577↓27.3% | 794↑4.2% | 762↑109.9% | 363 | |
| EBIT | 761↑238.2% | 225↓47.1% | 425↑6.3% | 400↑1276.5% | -34 | |
| Interest & Other Income | ||||||
| Net Interest Income | -28↑86.5% | -208↑2.8% | -214↓43.6% | -149↓21.1% | -123 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 28↓86.5% | 208↓2.8% | 214↑43.6% | 149↑21.1% | 123 | |
| Non-Operating Income | -157↓353.2% | 62↑148.4% | -128↑43.6% | -227↓406.8% | 74 | |
| Other Income / Expenses | 129↑147.8% | -270↓214.0% | -86↓210.3% | 78↑139.6% | -197 | |
| Income Before Tax | 733↑4211.8% | 17↓91.9% | 211↓15.9% | 251↑259.9% | -157 | |
| Income Tax Expense | 137↑191.5% | 47↑74.1% | 27↑108.7% | -311↓740.5% | -37 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 596↑2086.7% | -30↓116.3% | 184↓67.3% | 562↑568.3% | -120 | |
| Net Income from Discontinued Operations | -41 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 555↑1950.0% | -30↓116.2% | 185↓66.8% | 558↑393.7% | -190 | |
| Bottom-Line Net Income | 555↑1950.0% | -30↓120.3% | 148↓71.8% | 524↑375.8% | -190 | |
| EPS (Basic) | 2.22↑1807.7% | -0.13↓116.5% | 0.79↓66.9% | 2.39↑391.5% | -0.82 | |
| EPS (Diluted) | 2.15↑1891.7% | -0.12↓115.2% | 0.79↓63.3% | 2.15↑362.2% | -0.82 | |
| Weighted Average Shares | 250↑8.4% | 231↓1.4% | 234↑0.4% | 233↑0.4% | 232 | |
| Weighted Average Diluted Shares | 250↑4.2% | 240↑2.3% | 235↓3.8% | 244↑5.2% | 232 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.