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Chrit

RdotC
Aug 13, 2024
2,444
1,993
Someone needs to - TKO as an entity only profited $6.4 million in 2024 - and that's out of $2.8 BILLION in revenue.
One of the big problems with leveraging debt to buy multi-billion dollar companies.
 

Wiggy

We. Live. In. A. Fucking. Meme.
Oct 23, 2015
2,222
3,290
One of the big problems with leveraging debt to buy multi-billion dollar companies.
I didn't look at any of the financial statements but that musta been some SERIOUS early interest, as the 6.4 was some $169+ million less profit than 2023.

We'll see if TKO can do something with the interest so as to increase profit in the next year or two, as we all know they're just looking to flip the whole thing.

Or maybe that's why they're deepening their relationship with Saudi - so as to not need as spectacular of numbers on the open market & just sell to them.
 

Chrit

RdotC
Aug 13, 2024
2,444
1,993
I didn't look at any of the financial statements but that musta been some SERIOUS early interest, as the 6.4 was some $169+ million less profit than 2023.

We'll see if TKO can do something with the interest so as to increase profit in the next year or two, as we all know they're just looking to flip the whole thing.

Or maybe that's why they're deepening their relationship with Saudi - so as to not need as spectacular of numbers on the open market & just sell to them.
Yeah... Rumble in Saudi is a pure profit move.

Add to that, snatching Mania away from New Orleans for more money in Vegas...
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
62,549
57,584
Someone needs to - TKO as an entity only profited $6.4 million in 2024 - and that's out of $2.8 BILLION in revenue.
That's net profit. So after everyone is paid and they've done all their Hollywood accounting, that's what they show.
 

Wiggy

We. Live. In. A. Fucking. Meme.
Oct 23, 2015
2,222
3,290
That's net profit. So after everyone is paid and they've done all their Hollywood accounting, that's what they show.
I know - and it's still atrocious. We're talking .2% (<==not a typo) of total revenue.

An even wilder stat is that while net profit was only $6.4 million, EBITDA was still $1.2 billion. So salaries aren't the huge factor here.

And since their net profit was $170+ million in 2023, as Chrit @Chrit referenced above, it musta been from a FUCKLOAD of interest on the loans used to buy the companies, considering unless there was some *really* funky accounting going on, taxes, depreciation & amortization wouldn't swing that wildly in one year.
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
62,549
57,584
I know - and it's still atrocious. We're talking .2% (<==not a typo) of total revenue.

An even wilder stat is that while net profit was only $6.4 million, EBITDA was still $1.2 billion. So salaries aren't the huge factor here.

And since their net profit was $170+ million in 2023, as Chrit @Chrit referenced above, it musta been from a FUCKLOAD of interest on the loans used to buy the companies, considering unless there was some *really* funky accounting going on, taxes, depreciation & amortization wouldn't swing that wildly in one year.
They paid Vince like $2billion dollars last year.
 

Chrit

RdotC
Aug 13, 2024
2,444
1,993
That's a good call...then I could see them doing it.
I think its the only way out of the mess.

Then Goldberg can win his last match... cause he's an egotistical cunt... and Rollins' faction can get over more being the shitheels that ruin the big sendoff.
 

Meohfumado

Nerd of Nerds
Aug 13, 2024
1,456
1,303
I think its the only way out of the mess.

Then Goldberg can win his last match... cause he's an egotistical cunt... and Rollins' faction can get over more being the shitheels that ruin the big sendoff.
I can dig it.
 

Koma

Posting Machine
Aug 13, 2024
1,166
1,281
All these WWE bitches are about to get F5’ed into another dimension unless she decides to pursue an Olympic spot in ‘28. Won the NCAA’s on her first throw.

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