Emerald Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	437.5	398.8	382.8	325.9	145.5	127.4
Revenue Growth (YoY)	11.18%	4.18%	17.46%	123.99%	14.21%	-64.70%
Cost of Revenue	159.2	145.6	135.8	115.2	55.9	56.4
Gross Profit	278.3	253.2	247	210.7	89.6	71
Selling, General & Admin	181.2	158.1	159.1	160.5	134.7	112.8
Operating Expenses	211	186.4	204.1	220	182.3	161.4
Operating Income	67.3	66.8	42.9	-9.3	-92.7	-90.4
Interest Expense	-50.4	-47.8	-43.3	-24.5	-15.9	-20.6
Interest & Investment Income	6.1	8.5	8.2	2.7	0.1	0.1
Other Non Operating Income (Expenses)	-	-	-	-	-0.1	-0.1
EBT Excluding Unusual Items	23	27.5	7.8	-31.1	-108.6	-111
Merger & Restructuring Charges	-11.8	-11.7	-8.7	-9.7	-4.5	-6.3
Impairment of Goodwill	-	-	-	-6.3	-7.2	-603.4
Gain (Loss) on Sale of Assets	-	-	-0.2	-	-0.4	-
Asset Writedown	-1	-7.3	-	-1.6	-32.7	-76.8
Legal Settlements	-	-	-	-7.9	-1	-
Other Unusual Items	4	-2.5	-4.6	31.8	-4	-0.7
Pretax Income	14.7	7.5	-2.9	158	-81	-691.2
Income Tax Expense	10.1	5.3	5.3	27.2	-1.3	-57.6
Net Income	4.6	2.2	-8.2	130.8	-79.7	-633.6
Preferred Dividends & Other Adjustments	-	12.7	42	99	35.6	15.6
Net Income to Common	4.6	-10.5	-50.2	31.8	-115.3	-649.2
Shares Outstanding (Basic)	200	157	64	69	71	71
Shares Outstanding (Diluted)	200	157	64	69	71	71
Shares Change (YoY)	64.46%	144.83%	-7.50%	-3.03%	-0.17%	-0.40%
EPS (Basic)	0.02	-0.07	-0.78	0.46	-1.62	-9.09
EPS (Diluted)	0.02	-0.07	-0.78	0.46	-1.62	-9.09
Free Cash Flow	49.6	45.5	39.7	173.3	88.5	-38
Free Cash Flow Per Share	0.25	0.29	0.62	2.51	1.24	-0.53
Dividend Per Share	0.060	0.030	-	-	-	0.075
Dividend Growth	300.00%	-	-	-	-	-74.79%
Gross Margin	63.61%	63.49%	64.53%	64.65%	61.58%	55.73%
Operating Margin	15.38%	16.75%	11.21%	-2.85%	-63.71%	-70.96%
Profit Margin	1.05%	-2.63%	-13.11%	9.76%	-79.24%	-509.58%
Free Cash Flow Margin	11.34%	11.41%	10.37%	53.18%	60.82%	-29.83%
EBITDA	97.1	95.1	87.9	50.2	-45.1	-41.8
EBITDA Margin	22.19%	23.85%	22.96%	15.40%	-31.00%	-32.81%
D&A For EBITDA	29.8	28.3	45	59.5	47.6	48.6
EBIT	67.3	66.8	42.9	-9.3	-92.7	-90.4
EBIT Margin	15.38%	16.75%	11.21%	-2.85%	-63.71%	-70.96%
Effective Tax Rate	68.71%	70.67%	-	17.21%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.