Formula One Group - Series A (FWONA)

FWONA Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	12,525	12,164	11,400	9,363	10,292
Revenue Growth (YoY)	2.97%	6.70%	21.76%	-9.03%	28.01%
Cost of Revenue	6,229	5,653	5,221	4,357	4,622
Gross Profit	6,296	6,511	6,179	5,006	5,670
Selling, General & Admin	2,289	2,383	2,232	2,112	2,232
Other Operating Expenses	1,944	2,064	1,970	2,717	1,968
Operating Expenses	4,233	4,447	4,202	4,829	4,200
Operating Income	2,063	2,064	1,977	177	1,470
Interest Expense / Income	782	689	642	634	657
Other Expense / Income	297	-604	892	1,008	541
Pretax Income	984	1,979	443	-1,465	272
Income Tax	223	164	45	-44	166
Net Income	761	1,815	398	-1,421	106
Net Income Growth	-58.07%	356.03%	-	-	-80.04%
Shares Outstanding (Basic)	327	326	330	340	316
Shares Change	0.04%	-1.21%	-2.91%	7.64%	-3.48%
Free Cash Flow	1,353	1,811	1,997	1,278	1,803
Free Cash Flow Per Share	4.14	5.55	6.04	3.75	5.70
Dividend Per Share	1.268	-	-	-	-
Gross Margin	50.27%	53.53%	54.20%	53.47%	55.09%
Operating Margin	16.47%	16.97%	17.34%	1.89%	14.28%
Profit Margin	6.08%	14.92%	3.49%	-15.18%	1.03%
Free Cash Flow Margin	10.80%	14.89%	17.52%	13.65%	17.52%
Effective Tax Rate	22.66%	8.29%	10.16%	-	61.03%
EBITDA	2,796	3,712	2,157	252	1,990
EBITDA Margin	22.32%	30.52%	18.92%	2.69%	19.34%
Depreciation & Amortization	1,030	1,044	1,072	1,083	1,061
EBIT	1,766	2,668	1,085	-831	929
EBIT Margin	14.10%	21.93%	9.52%	-8.88%	9.03%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).