SFX Entertainment Inc (SFXE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
902 BROADWAY NEW YORK, NY 10010 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 79 - Amusement And Recreation Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 52,224 | 45,783 | 63,270 | 83,584 | 58,875 | 106,430 | |||
| Cash and cash equivalent | 52,224 | 45,783 | 63,270 | 83,584 | 58,875 | 106,430 | |||
| Restricted cash and investments | 13,107 | ||||||||
| Receivables | 25,484 | 17,437 | 16,221 | 19,703 | 11,791 | 6,543 | |||
| Inventory, net of allowances, customer advances and progress billings | 861 | 1,171 | 1,051 | ||||||
| Inventory | 861 | 1,171 | 1,051 | ||||||
| Prepaid expense | 16,402 | 21,008 | 9,656 | 10,893 | 15,062 | 6,973 | |||
| Other current assets | 12,606 | 11,057 | 10,486 | 16,018 | 11,531 | 14,870 | |||
| Other undisclosed current assets | (3,648) | (1,254) | (1,929) | 3,163 | 2,584 | 2,999 | |||
| Total current assets: | 117,036 | 95,202 | 98,755 | 133,361 | 99,843 | 137,815 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 24,312 | 20,461 | 16,268 | 11,042 | 11,455 | 9,918 | |||
| Long-term investments and receivables | 75,595 | 75,387 | 84,957 | 74,011 | 60,658 | 63,863 | |||
| Long-term investments | 75,595 | 75,387 | 84,957 | 74,011 | 60,658 | 63,863 | |||
| Intangible assets, net (including goodwill) | 450,582 | 456,790 | 485,526 | 500,517 | 496,461 | 458,596 | |||
| Goodwill | 252,950 | 253,726 | 265,794 | 262,596 | 190,660 | 158,213 | |||
| Intangible assets, net (excluding goodwill) | 197,632 | 203,064 | 219,732 | 237,921 | 305,801 | 300,383 | |||
| Other noncurrent assets | 21,730 | 22,801 | 24,825 | 24,936 | 19,097 | 24,517 | |||
| Total noncurrent assets: | 572,219 | 575,439 | 611,576 | 610,506 | 587,671 | 556,894 | |||
| TOTAL ASSETS: | 689,255 | 670,641 | 710,331 | 743,867 | 687,514 | 694,709 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 68,933 | 49,198 | 57,678 | 62,261 | 56,040 | 42,168 | |||
| Taxes payable | 2,219 | ||||||||
| Employee-related liabilities | 1,792 | ||||||||
| Accounts payable | 33,363 | 32,465 | 27,860 | 33,145 | 29,505 | 25,326 | |||
| Accrued liabilities | 35,570 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 16,733 | 25,807 | 29,116 | 26,535 | 16,842 | ||||
| Debt | 24,404 | 6,209 | 404 | 414 | 431 | 10,253 | |||
| Business combination, contingent consideration, liability | 14,506 | ||||||||
| Other liabilities | 34,827 | 31,273 | 28,704 | 29,871 | 38,637 | 9,101 | |||
| Deferred revenue and credits | 46,092 | 54,193 | 26,600 | 27,197 | 47,246 | 28,363 | |||
| Due to related parties | 4,613 | 3,140 | 3,694 | 7,138 | 3,009 | 3,949 | |||
| Other undisclosed current liabilities | (4,199) | 11,217 | 12,571 | 12,926 | 13,862 | 12,729 | |||
| Total current liabilities: | 189,176 | 155,230 | 129,651 | 139,807 | 159,225 | 106,563 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 295,190 | 295,235 | 295,320 | 295,392 | 220,484 | 220,551 | |||
| Long-term debt, excluding current maturities | 295,190 | 295,235 | 295,320 | 295,392 | 220,484 | 220,551 | |||
| Liabilities, other than long-term debt | 8,850 | 8,448 | 10,350 | 9,641 | 21,809 | 32,793 | |||
| Deferred tax liabilities, net | 5,652 | 5,011 | 6,956 | 6,953 | 13,408 | 24,677 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 43 | 43 | 43 | 1,258 | 1,258 | 1,258 | |||
| Due to related parties | 488 | 482 | 476 | ||||||
| Other liabilities | 3,155 | 3,394 | 3,351 | 942 | 6,661 | 6,382 | |||
| Other undisclosed noncurrent liabilities | 12,077 | 12,345 | 13,173 | 9,670 | 21,562 | 38,355 | |||
| Total noncurrent liabilities: | 316,117 | 316,028 | 318,843 | 314,703 | 263,855 | 291,699 | |||
| Total liabilities: | 505,293 | 471,258 | 448,494 | 454,510 | 423,080 | 398,262 | |||
| Temporary equity, including noncontrolling interest | 27,247 | 27,247 | 31,569 | 19,623 | 19,766 | 19,911 | |||
| Equity | |||||||||
| Equity, attributable to parent | 155,883 | 171,480 | 229,467 | 269,503 | 244,611 | 276,451 | |||
| Common stock | 94 | 90 | 89 | 89 | 87 | 87 | |||
| Additional paid in capital | 550,736 | 524,175 | 515,542 | 505,668 | 482,193 | 468,323 | |||
| Accumulated other comprehensive loss | (52,169) | (58,038) | (28,013) | (14,671) | (1,613) | (170) | |||
| Accumulated deficit | (342,778) | (294,747) | (258,151) | (221,583) | (236,056) | (191,789) | |||
| Equity, attributable to noncontrolling interest | 832 | 656 | 801 | 231 | 57 | 85 | |||
| Total equity: | 156,715 | 172,136 | 230,268 | 269,734 | 244,668 | 276,536 | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 689,255 | 670,641 | 710,331 | 743,867 | 687,514 | 694,709 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 121,055 | 52,186 | 95,613 | 143,552 | 81,958 | 33,326 | ||
| Cost of revenue (Cost of Product and Service Sold) | (99,068) | (34,161) | (69,858) | (110,049) | (61,533) | (22,824) | ||
| Gross profit: | 21,987 | 18,025 | 25,755 | 33,503 | 20,425 | 10,502 | ||
| Operating expenses | (47,991) | (47,343) | (48,441) | (53,081) | (57,824) | (50,756) | ||
| Other undisclosed operating loss | (1,881) | (486) | (504) | (2,083) | (846) | (521) | ||
| Operating loss: | (27,885) | (29,804) | (23,190) | (21,661) | (38,245) | (40,775) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (5,566) | (4,496) | (3,681) | 14,683 | 10,684 | (18,831) | ||
| Interest and debt expense | (8,827) | (7,470) | (7,542) | (6,158) | (5,688) | (6,599) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5,031) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (42,278) | (41,770) | (39,444) | (13,136) | (33,249) | (66,205) | ||
| Income (loss) from equity method investments | 781 | (3,056) | (582) | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | (5,247) | (150) | 4,915 | |||||
| Loss from continuing operations before income taxes: | (47,525) | (41,920) | (34,529) | (12,355) | (36,305) | (66,787) | ||
| Income tax expense (benefit) | (329) | 292 | (1,734) | 15,169 | (7,329) | 3,281 | ||
| Income (loss) from continuing operations: | (47,854) | (41,628) | (36,263) | 2,814 | (43,634) | (63,506) | ||
| Income (loss) before gain (loss) on sale of properties: | (47,854) | (41,628) | (36,263) | 2,814 | (43,634) | (63,506) | ||
| Net income (loss): | (47,854) | (41,628) | (36,263) | 2,814 | (43,634) | (63,506) | ||
| Net income (loss) attributable to noncontrolling interest | (177) | 90 | (305) | (142) | (47) | (65) | ||
| Net income (loss) available to common stockholders, basic: | (48,031) | (41,538) | (36,568) | 2,672 | (43,681) | (63,571) | ||
| Other undisclosed net loss available to common stockholders, diluted | (2,501) | |||||||
| Net income (loss) available to common stockholders, diluted: | (48,031) | (41,538) | (36,568) | 171 | (43,681) | (63,571) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (47,854) | (41,628) | (36,263) | 2,814 | (43,634) | (63,506) | ||
| Other undisclosed comprehensive income (loss) | 5,869 | (29,388) | (13,342) | (13,047) | (1,443) | 1,493 | ||
| Comprehensive loss: | (41,985) | (71,016) | (49,605) | (10,233) | (45,077) | (62,013) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (177) | (90) | 305 | 142 | 47 | 65 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 180 | (610) | (284) | (94) | (130) | |||
| Comprehensive loss, net of tax, attributable to parent: | (42,162) | (70,926) | (49,910) | (10,375) | (45,124) | (62,078) | ||
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.