NASDAQ$FBYD

Falcons Beyond Global Inc-A · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Announced first quarter results, reporting consolidated revenue of $1.5 million and significant revenue increases in unconsolidated subsidiaries and joint ventures.

Falcon's Beyond Global, Inc. reported its first quarter 2024 financial results, highlighting an 87% year-over-year increase in revenue in Falcon’s Creative Group and strategic partnerships, including with Qiddiya and Raging Power Limited.

  • Falcon's Beyond announced a licensing agreement with The Hershey Company for location-based entertainment attractions.
  • Falcon’s Creative Group will serve as master planner, attraction designer, and creative guardian for the Dragon Ball theme park in Qiddiya City.
  • Falcon’s Creative Group is overseeing the creative guardianship of Saudi Arabia’s first water theme park, Aquarabia, and supporting the creation of a dedicated Gaming & Esports District within Qiddiya City.
  • Falcon’s Beyond launched Falcon’s Attractions Systems & Technologies to sell immersive rides and attractions worldwide.

Headline financials

Total Revenue

$1.52M

Previous: $0.00
EPS

$1.53

Previous: -$1.23+224.0%
Adjusted EBITDA

-$4.51M

No prior period
Capital Expenditures

-$4K

Previous: $0.00
Free Cash Flow

$114M

Previous: -$944K+12179.0%
Net Income

$114M

Previous: $2.71M+4110.1%
Operating Income

-$5.31M

Previous: -$1.22M-337.1%
Gross Profit

$1.52M

Previous: $0.00
Cash & Equivalents

$1.05M

Previous: $675K+55.7%
Total Assets

$67.8M

Previous: $74.4M-8.9%
R&D Expense

$16K

No prior period
Stock-Based Comp

$346K

No prior period

Revenue & EPS history

Falcons Beyond · Revenue · Quarterly

$1.52M

Q1 2024

Revenue by segment

Falcons Beyond · $12.5M total across 2 segments · Q4 2023

  • Producciones de Parques
    $8.7M
  • Falcon Creative Group
    $3.8M

Forward guidance

Falcon's Beyond plans growth amidst a surge in global spending in theme parks and location-based entertainment, with a commitment to reinvesting in and optimizing the business to foster continued growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 9 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.3%

Avg return

Earnings day

+5.7%

Avg return

5 days after

+10.4%

Avg return

30 days after

45%

5 / 11 earnings

Positive

+9.9%

Q2 2025

Best reaction

-7.0%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.7%+33.7%
Q4 2025-5.9%+17.1%+71.5%
Q3 2025-1.5%+9.2%-7.9%
Q2 2025+9.9%-1.2%+54.2%
Q1 2025-0.1%-2.0%-24.8%
Q4 2024-7.0%-6.2%-20.9%
Q3 2024-6.4%-9.1%+19.7%
Q2 2024+3.2%+4.4%-16.0%
Q1 2024-3.4%+5.6%+14.1%
Q4 2023+2.3%+5.4%+13.5%
Q3 2023+2.4%+6.2%+0.3%
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022
Q4 2021
Q3 2021
Q2 2021
Q1 2021

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