SFX Entertainment Inc (SFXE) Financial Statements (2024 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)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 63,270 | 52,654 | |||
| Cash and cash equivalents | 63,270 | 52,654 | |||
| Receivables | 16,221 | 9,589 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,051 | ✕ | |||
| Inventory | 1,051 | ||||
| Prepaid expense | 9,656 | 3,752 | |||
| Other current assets | 10,486 | 30,485 | |||
| Other undisclosed current assets | (1,929) | 22,224 | |||
| Total current assets: | 98,755 | 118,704 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 16,268 | 9,004 | |||
| Long-term investments and receivables | 84,957 | ||||
| Long-term investments | 84,957 | ||||
| Intangible assets, net (including goodwill) | 485,526 | 448,619 | |||
| Goodwill | 265,794 | 142,207 | |||
| Intangible assets, net (excluding goodwill) | 219,732 | 306,412 | |||
| Deferred costs | 17,614 | ||||
| Other noncurrent assets | 24,825 | 2,815 | |||
| Other undisclosed noncurrent assets | (17,614) | ||||
| Total noncurrent assets: | 611,576 | 460,438 | |||
| TOTAL ASSETS: | 710,331 | 579,142 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 57,678 | 45,839 | |||
| Taxes payable | 2,219 | 4,488 | |||
| Employee-related liabilities | 1,792 | 1,482 | |||
| Accounts payable | 27,860 | 29,824 | |||
| Other undisclosed accounts payable and accrued liabilities | 25,807 | 10,045 | |||
| Debt | 404 | 14,380 | |||
| Deferred revenue and credits | 26,600 | 4,598 | |||
| Due to related parties | 3,694 | 4,359 | |||
| Other liabilities | 28,704 | 8,716 | |||
| Other undisclosed current liabilities | 12,571 | 12,602 | |||
| Total current liabilities: | 129,651 | 90,494 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 295,320 | 74,674 | |||
| Long-term debt, excluding current maturities | 295,320 | 74,674 | |||
| Liabilities, other than long-term debt | 10,350 | 30,246 | |||
| Deferred tax liabilities, net | 6,956 | 21,988 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 43 | 1,258 | |||
| Due to related parties | 470 | ||||
| Other liabilities | 3,351 | 6,530 | |||
| Other undisclosed noncurrent liabilities | 13,173 | 39,016 | |||
| Total noncurrent liabilities: | 318,843 | 143,936 | |||
| Total liabilities: | 448,494 | 234,430 | |||
| Temporary equity, carrying amount | 31,569 | 64,708 | |||
| Equity | |||||
| Equity, attributable to parent | 229,467 | 279,938 | |||
| Common stock | 89 | 76 | |||
| Additional paid in capital | 515,542 | 409,743 | |||
| Accumulated other comprehensive loss | (28,013) | (1,663) | |||
| Accumulated deficit | (258,151) | (128,218) | |||
| Equity, attributable to noncontrolling interest | 801 | 66 | |||
| Total equity: | 230,268 | 280,004 | |||
| TOTAL LIABILITIES AND EQUITY: | 710,331 | 579,142 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 354,449 | 170,457 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (264,264) | (140,100) | ||
| Gross profit: | 90,185 | 30,357 | ||
| 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)) | 2,501 | (5,066) | ||
| 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 benefit | 7,301 | 684 | ||
| Loss from continuing operations: | (130,465) | (118,822) | ||
| Loss before gain (loss) on sale of properties: | (130,465) | (118,822) | ||
| 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)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|
| 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 interest | 559 | (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 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.