Falcon’s Beyond Global, Inc. reported consolidated revenue of $1.7 million for the first quarter of fiscal year 2025, ending March 31, 2025, a modest increase from $1.5 million in the prior-year period. The company recorded a net loss of $8.092 million for the quarter, a significant decline from a net income of $114.024 million in Q1 2024.
Adjusted EBITDA for Q1 2025 was a loss of $8.125 million, widening from a $4.514 million loss in Q1 2024. The Falcon's Creative Group (FCG) segment's loss increased to $2.5 million, primarily due to a 58% decrease in FCG revenues and lower revenue recognition from the Dragon Ball consultancy agreement.
The company's liquidity position is constrained, with $1.1 million in cash and cash equivalents and a working capital deficiency of $39.1 million as of March 31, 2025. Management concluded there is substantial doubt about the company's ability to continue as a going concern for the next twelve months, citing reliance on additional financing and significant accrued liabilities including $22.6 million in transaction fees and $11.1 million related to litigation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.