TKO Group Holdings announced strong financial results for the fourth quarter ended December 31, 2024, with revenue increasing 5% to $642.2 million. The company swung to a net income of $47.5 million, a significant improvement from a net loss of $16.1 million in the prior year period, and Adjusted EBITDA increased 7% to $238.1 million.
For the full year 2024, TKO reported a 67% increase in revenue to $2.804 billion and a 55% increase in Adjusted EBITDA to $1.251 billion. Net income for the full year was $6.4 million, impacted by $375.0 million in legal settlement charges related to the UFC antitrust lawsuit.
Looking ahead, TKO provided full-year 2025 guidance, targeting revenue of $2.930 billion to $3.000 billion and Adjusted EBITDA of $1.350 billion to $1.390 billion, excluding the impact of the recently acquired businesses. These targets reflect the expected performance of UFC, WWE, and Corporate segments.
The company's board of directors declared its inaugural quarterly cash dividend, with Class A common stockholders receiving their pro rata share of an aggregate distribution of approximately $75 million. This dividend is payable on March 31, 2025, marking a new phase in TKO's capital return program.
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