SFX Entertainment Inc (SFXE) financial statements (2022 and earlier)

Company profile

Business Address 902 BROADWAY
NEW YORK, NY 10010
State of Incorp. DE
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

Current Assets
Cash, cash equivalents, and short-term investments63,27052,654
Cash and cash equivalents63,27052,654
Inventory, net of allowances, customer advances and progress billings1,051
Prepaid expense9,6563,752
Other current assets10,48630,485
Other undisclosed current assets(1,929)22,224
Total current assets:98,755118,704
Noncurrent Assets
Property, plant and equipment16,2689,004
Long-term investments and receivables84,957 
Long-term investments84,957 
Intangible assets, net (including goodwill)485,526448,619
Intangible assets, net (excluding goodwill)219,732306,412
Deferred costs 17,614
Other noncurrent assets24,8252,815
Other undisclosed noncurrent assets (17,614)
Total noncurrent assets:611,576460,438
TOTAL ASSETS:710,331579,142
Current Liabilities
Accounts payable and accrued liabilities, including:57,67845,839
Accounts payable27,86029,824
Employee-related liabilities1,7921,482
Taxes payable2,2194,488
Other undisclosed accounts payable and accrued liabilities25,80710,045
Due to related parties3,6944,359
Deferred revenue and credits26,6004,598
Other liabilities28,7048,716
Other undisclosed current liabilities12,57112,602
Total current liabilities:129,65190,494
Noncurrent Liabilities
Long-term debt and lease obligation295,32074,674
Long-term debt, excluding current maturities295,32074,674
Liabilities, other than long-term debt10,35030,246
Deferred tax liabilities, net6,95621,988
Financial instruments subject to mandatory redemption, settlement terms, share value, amount431,258
Due to related parties 470
Other liabilities3,3516,530
Other undisclosed noncurrent liabilities13,17339,016
Total noncurrent liabilities:318,843143,936
Total liabilities:448,494234,430
Temporary equity, carrying amount31,56964,708
Stockholders' equity
Stockholders' equity attributable to parent229,467279,938
Common stock8976
Additional paid in capital515,542409,743
Accumulated other comprehensive loss(28,013)(1,663)
Accumulated deficit(258,151)(128,218)
Stockholders' equity attributable to noncontrolling interest80166
Total stockholders' equity:230,268280,004

Income statement (P&L) ($ in thousands)

(Revenue, Net)
Cost of revenue
(Cost of Goods and Services Sold)
Gross profit:90,18530,357
Operating expenses(195,584)(125,173)
Other undisclosed operating income (loss)(3,850)74
Operating loss:(109,249)(94,742)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
Interest and debt expense(25,987)(19,698)
Other undisclosed loss from continuing operations before equity method investments, income taxes(5,031) 
Loss from continuing operations before equity method investments, income taxes:(137,766)(119,506)
Income from equity method investments 496
Other undisclosed loss from continuing operations before income taxes (496)
Loss from continuing operations before income taxes:(137,766)(119,506)
Income tax benefit7,301684
Net loss:(130,465)(118,822)
Net income (loss) attributable to noncontrolling interest(559)6,929
Net loss available to common stockholders, diluted:(131,024)(111,893)

Comprehensive Income ($ in thousands)

Net loss:(130,465)(118,822)
Other undisclosed comprehensive loss(25,145)(1,663)
Comprehensive loss:(155,610)(120,485)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest559(6,929)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,118)13,858
Comprehensive loss, net of tax, attributable to parent:(156,169)(113,556)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: