Emerald Holding, Inc. (EEX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
31910 DEL OBISPO STREET SAN JUAN CAPISTRANO, CA 92675 |
| 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)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 239,100 | 231,200 | 295,300 | 9,600 | 20,500 | 10,900 | |||
| Cash and cash equivalents | 239,100 | 231,200 | 295,300 | 9,600 | 20,500 | 10,900 | |||
| Receivables | 53,300 | 42,200 | 43,400 | 53,000 | 49,800 | 49,300 | |||
| Prepaid expense | 12,500 | 8,500 | 24,000 | 19,800 | 19,900 | ||||
| Other undisclosed current assets | 39,400 | 4,200 | 5,100 | 7,100 | 12,900 | 13,400 | |||
| Total current assets: | 331,800 | 290,100 | 352,300 | 93,700 | 103,000 | 93,500 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 10,600 | 15,100 | 16,000 | 18,300 | ✕ | ✕ | |||
| Property, plant and equipment | 2,200 | 3,700 | 3,900 | 4,200 | 3,700 | 3,800 | |||
| Intangible assets, net (including goodwill) | 750,300 | 750,900 | 679,300 | 1,354,100 | 1,471,800 | 1,538,700 | |||
| Goodwill | 545,500 | 514,200 | 404,300 | 980,300 | 1,036,500 | 993,700 | |||
| Intangible assets, net (excluding goodwill) | 204,800 | 236,700 | 275,000 | 373,800 | 435,300 | 545,000 | |||
| Other noncurrent assets | 3,500 | 2,600 | 2,900 | 1,400 | 1,500 | 1,900 | |||
| Total noncurrent assets: | 766,600 | 772,300 | 702,100 | 1,378,000 | 1,477,000 | 1,544,400 | |||
| TOTAL ASSETS: | 1,098,400 | 1,062,400 | 1,054,400 | 1,471,700 | 1,580,000 | 1,637,900 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32,900 | 28,000 | 16,500 | 14,100 | 12,700 | 13,400 | |||
| Interest and dividends payable | ✕ | ✕ | 100 | 100 | 500 | ||||
| Taxes payable | ✕ | ✕ | 1,000 | ||||||
| Employee-related liabilities | ✕ | ✕ | 16,000 | 12,700 | 8,300 | 8,200 | 7,600 | ||
| Accounts payable | 20,400 | 12,000 | 3,800 | 5,700 | 3,400 | 5,300 | |||
| Accrued liabilities | 12,500 | ||||||||
| Deferred revenue | 151,200 | 118,100 | 48,600 | 187,300 | ✕ | ✕ | |||
| Debt | 5,700 | 5,700 | 19,800 | 45,700 | 5,700 | ||||
| Business combination, contingent consideration, liability | 3,500 | 5,100 | 3,700 | 1,600 | |||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 192,600 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 192,400 | ✕ | ||
| Other liabilities | 14,700 | 9,200 | 3,600 | 4,300 | 8,200 | 6,400 | |||
| Other undisclosed current liabilities | 19,900 | 24,000 | 37,500 | 3,800 | 9,600 | 3,600 | |||
| Total current liabilities: | 222,200 | 190,100 | 115,600 | 229,300 | 268,600 | 223,300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 413,900 | 524,200 | 528,700 | 535,400 | 524,200 | 548,500 | |||
| Long-term debt, excluding current maturities | 413,900 | 510,900 | 515,300 | 519,700 | 524,200 | 548,500 | |||
| Liabilities, other than long-term debt | 23,000 | 33,600 | 15,600 | 6,800 | 78,900 | 104,900 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 75,400 | 100,200 | ||
| Deferred income tax liabilities | 1,800 | 1,500 | 1,900 | ✕ | ✕ | ||||
| Other liabilities | 10,800 | 32,100 | 13,700 | 6,800 | 3,500 | 4,700 | |||
| Operating lease, liability | 10,400 | 13,300 | 13,400 | 15,700 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 60,000 | ||||||||
| Total noncurrent liabilities: | 436,900 | 557,800 | 544,300 | 602,200 | 603,100 | 653,400 | |||
| Total liabilities: | 659,100 | 747,900 | 659,900 | 831,500 | 871,700 | 876,700 | |||
| Temporary equity, carrying amount | 398,300 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | (33,100) | (119,400) | (3,800) | 640,200 | 708,300 | 761,200 | |||
| Common stock | 700 | 700 | 700 | 700 | 700 | 700 | |||
| Additional paid in capital | 610,300 | 653,200 | 690,700 | 701,100 | 689,700 | 677,100 | |||
| Retained earnings (accumulated deficit) | (644,100) | (773,300) | (695,200) | (61,600) | 17,900 | 83,400 | |||
| Other undisclosed equity | 472,400 | 433,900 | |||||||
| Total equity: | 439,300 | 314,500 | (3,800) | 640,200 | 708,300 | 761,200 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,098,400 | 1,062,400 | 1,054,400 | 1,471,700 | 1,580,000 | 1,637,900 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 325,900 | 145,500 | 127,400 | 360,900 | 380,700 | 341,700 | ||
| Other income | 34,200 | 77,400 | 107,000 | |||||
| Cost of revenue | (400) | (400) | (700) | (120,200) | (112,100) | (95,000) | ||
| Cost of goods and services sold | (120,200) | (112,100) | ||||||
| Provision for loan, lease, and other losses | (400) | (400) | (700) | ✕ | ||||
| Gross profit: | 325,500 | 145,100 | 126,700 | 240,700 | 268,600 | 246,700 | ||
| Operating expenses | (152,900) | (182,900) | (798,800) | (219,500) | (226,100) | (121,900) | ||
| Other undisclosed operating income (loss) | 7,200 | (25,300) | 1,500 | (45,900) | (46,800) | (36,700) | ||
| Operating income (loss): | 179,800 | (63,100) | (670,600) | (24,700) | (4,300) | 88,100 | ||
| Nonoperating income (expense) | 16,700 | (9,400) | (7,000) | (6,400) | ||||
| Investment income, nonoperating | 2,700 | |||||||
| Other nonoperating income (expense) | 14,000 | (9,400) | (7,000) | (6,400) | ||||
| Unusual or infrequent item, or both, net (gain) loss | 6,100 | |||||||
| Interest and debt expense | (24,500) | (15,800) | (20,600) | (30,300) | (29,100) | (41,300) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 172,000 | (88,300) | (698,200) | (61,400) | (33,400) | 46,800 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (14,000) | 8,900 | 7,000 | 6,400 | ||||
| Income (loss) from continuing operations before income taxes: | 158,000 | (79,400) | (691,200) | (55,000) | (33,400) | 46,800 | ||
| Income tax expense (benefit) | (27,200) | 1,300 | 57,600 | 5,000 | 8,300 | 35,000 | ||
| Income (loss) from continuing operations: | 130,800 | (78,100) | (633,600) | (50,000) | (25,100) | 81,800 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (78,100) | (633,600) | (50,000) | (25,100) | 81,800 | |
| Other undisclosed net loss | (6,100) | |||||||
| Net income (loss) attributable to parent: | 130,800 | (78,100) | (633,600) | (50,000) | (25,100) | 81,800 | ||
| Preferred stock dividends and other adjustments | (38,800) | (35,600) | (15,600) | |||||
| Net income (loss) available to common stockholders, diluted: | 92,000 | (113,700) | (649,200) | (50,000) | (25,100) | 81,800 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 130,800 | (78,100) | (633,600) | (50,000) | (25,100) | 81,800 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 130,800 | (78,100) | (633,600) | (50,000) | (25,100) | 81,800 | ||
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.