Getty Images Holdings Inc. (GETY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
605 5TH AVENUE S. SEATTLE, WA 98104 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 136,623 | 97,912 | |||
| Cash and cash equivalents | 136,623 | 97,912 | |||
| Restricted cash and investments | 4,227 | 4,482 | |||
| Receivables | 148,488 | 140,900 | |||
| Prepaid expense | 15,798 | 15,728 | |||
| Other current assets | 11,253 | 10,497 | |||
| Other undisclosed current assets | 48,615 | ||||
| Total current assets: | 365,004 | 269,519 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 41,098 | 47,231 | |||
| Property, plant and equipment | 179,378 | 172,083 | |||
| Intangible assets, net (including goodwill) | 1,905,619 | 1,919,126 | |||
| Goodwill | 1,501,814 | 1,499,578 | |||
| Intangible assets, net (excluding goodwill) | 403,805 | 419,548 | |||
| Deferred income tax assets | 69,400 | 8,272 | |||
| Other noncurrent assets | 41,262 | 51,952 | |||
| Total noncurrent assets: | 2,236,757 | 2,198,664 | |||
| TOTAL ASSETS: | 2,601,761 | 2,468,183 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 146,178 | 143,093 | |||
| Accounts payable | 102,525 | 93,766 | |||
| Accrued liabilities | 43,653 | 49,327 | |||
| Deferred revenue | 176,349 | 171,371 | |||
| Debt | 98,149 | ||||
| Estimated litigation liability | |||||
| Other undisclosed current liabilities | 11,325 | 8,031 | |||
| Total current liabilities: | 432,001 | 322,495 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,398,658 | 1,428,847 | |||
| Long-term debt, excluding current maturities | 1,398,658 | 1,428,847 | |||
| Liabilities, other than long-term debt | 89,672 | 123,793 | |||
| Accounts payable and accrued liabilities | 21,580 | 37,075 | |||
| Liability for uncertainty in income taxes | 24,772 | 37,333 | |||
| Other liabilities | 3,462 | 3,167 | |||
| Operating lease, liability | 39,858 | 46,218 | |||
| Total noncurrent liabilities: | 1,488,330 | 1,552,640 | |||
| Total liabilities: | 1,920,331 | 1,875,135 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 633,225 | 545,081 | |||
| Common stock | |||||
| Additional paid in capital | 1,983,276 | 1,936,324 | |||
| Accumulated other comprehensive loss | (87,076) | (108,928) | |||
| Accumulated deficit | (1,263,015) | (1,282,354) | |||
| Other undisclosed equity, attributable to parent | 40 | 39 | |||
| Equity, attributable to noncontrolling interest | 48,205 | 47,967 | |||
| Total equity: | 681,430 | 593,048 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,601,761 | 2,468,183 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Revenues | 916,555 | 926,244 | ||
| Cost of revenue | (330,316) | (254,990) | ||
| Cost of goods and services sold | (250,249) | (43,645) | ||
| Gross profit: | 586,239 | 671,254 | ||
| Operating expenses | (458,567) | (376,683) | ||
| Other operating income (expense), net | (1,624) | 681 | ||
| Other undisclosed operating income (loss) | 1,624 | (93,219) | ||
| Operating income: | 127,672 | 202,033 | ||
| Nonoperating expense | (154,577) | (235,550) | ||
| Gain, foreign currency transaction, before tax | ||||
| Interest and debt expense | (126,884) | (2,693) | ||
| Loss from continuing operations before equity method investments, income taxes: | (153,789) | (36,210) | ||
| Other undisclosed income from continuing operations before income taxes | 126,884 | 2,693 | ||
| Loss from continuing operations before income taxes: | (26,905) | (33,517) | ||
| Income tax expense (benefit) | 46,482 | (44,126) | ||
| Net income (loss): | 19,577 | (77,643) | ||
| Net income (loss) attributable to noncontrolling interest | (238) | 89 | ||
| Other undisclosed net loss attributable to parent | ||||
| Net income (loss) attributable to parent: | 19,339 | (77,554) | ||
| Preferred stock dividends and other adjustments | (69,896) | |||
| Other undisclosed net income available to common stockholders, basic | ||||
| Net income (loss) available to common stockholders, diluted: | 19,339 | (147,450) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Net income (loss): | 19,577 | (77,643) | ||
| Other comprehensive income (loss) | 21,852 | |||
| Other undisclosed comprehensive loss | (30,525) | |||
| Comprehensive income (loss): | 41,429 | (108,168) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (238) | 89 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 41,191 | (108,079) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.