Falcon's Beyond Global Reports Q2 2025 Net Income Surge to $25.1M Driven by Hotel Sale Gain; Consolidated Revenue at $2.5M

Reuters
Aug 14
Falcon's Beyond Global Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income Surge to $25.1M Driven by Hotel Sale Gain; Consolidated Revenue at $2.5M

Falcon's Beyond Global Inc. (Nasdaq: FBYD) reported its financial results for the second quarter of 2025, revealing consolidated revenue of $2.5 million. This revenue was derived from fees for corporate and shared services, management fees from its joint venture with Melia Hotels Int'l, and attraction spares and maintenance service fees from its Falcon's Beyond Brands division. The company's unconsolidated subsidiary, Falcon's Creative Group, generated $12.3 million in revenue for the same period. Additionally, the company's unconsolidated joint venture, Producciones de Parques, recognized a $59.6 million gain on the sale of the Sol Tenerife hotel and reported $6.5 million in revenue from continuing operations. Falcon's Beyond also reported a consolidated net income of $25.1 million for the quarter, marking an increase of $17.1 million compared to the corresponding period in 2024. This improvement was largely attributed to a $29.8 million gain from the sale of the Tenerife hotel, alongside a $3.5 million credit to transaction expenses. Other contributing factors included a $1.6 million increase in unrealized foreign currency transactional gains and a $2.6 million change in the fair value of warrant liabilities. However, these were partially offset by a $5.3 million impairment of the company's remaining investment in PDP, a $13.0 million decrease in the change of earnout liabilities, and increased operating expenses. The company's adjusted EBITDA loss decreased slightly by $0.2 million to a $(1.7) million loss, driven by foreign exchange transaction gains, though partially offset by integration costs related to the OES acquisition. No outlook or guidance was provided in the report.

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