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General information

Country: UNITED STATES

Sector: Broadcasting

Liberty Media Corp-Liberty Formula One operates as a media company. The Company focuses on digital media, communication, and entertainment businesses. Liberty Media Corp-Liberty Formula One conducts business in the United States.
Website: libertymedia.com



Growth: Good revenue growth rate >200%, there is acceleration compared to average historical growth rates 57.3%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +29.0%. On average the margin is improving steadily. Gross margin is high, +66.9%. In the last quarter the company did not beat the estimated EPS. The company was ahead of estimated EPS in 80% of quarters (showing a gain of +$0.3 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -61.4% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 75.1% higher than minimum and 1.9% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 13.2x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: FWONA
Share price, USD:  (+0.2%)84.58
year average price 69.25  


year start price 56.81 2024-01-17

min close price 56.69 2024-01-18

max close price 86.18 2024-12-16

current price 84.58 2025-01-15
Common stocks: 249 974 008

Dividend Yield:  0.0%
FCF Yield LTM: -61.4%
EV / LTM EBITDA: 17.2x
EV / EBITDA annualized: 7.4x
Last revenue growth (y/y):  > +200.0%
Last growth of EBITDA (y/y):  > +200.0%
Historical revenue growth:  +57.3%
Historical growth of EBITDA:  +57.3%
EV / Sales: 5.0x
Margin (EBITDA LTM / Revenue): 29.0%
Fundamental value created in LTM:
Market Cap ($m): 21 143
Net Debt ($m): 15 237
EV (Enterprise Value): 36 380
Price to Book: 2.8x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-11-12zacks.com

Liberty Media Corporation - Liberty Formula One Series A (FWONA) Surpasses Q3 Earnings and Revenue Estimates

2024-11-07seekingalpha.com

Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript

2024-10-30zacks.com

Earnings Estimates Rising for Liberty Media Corporation - Liberty Formula One Series A (FWONA): Will It Gain?

2024-10-30zacks.com

Here's Why Momentum in Liberty Media Corporation - Liberty Formula One Series A (FWONA) Should Keep going

2024-08-08seekingalpha.com

Formula One Group (FWONA) Q2 2024 Earnings Call Transcript

2024-04-01Investopedia

F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal

2024-04-01CNBC Television

Liberty Media CEO on $4.5B MotoGP deal: We want to show the world how exciting this sport is

2024-03-31Reuters

F1 owner Liberty Media set to take over MotoGP, Sky reports

2024-03-01Invezz

Formula One Group: FWONK stock near ATH as new season starts

2024-02-27Zacks Investment Research

Is Liberty Media Corporation - Liberty Formula One Series A (FWONA) Outperforming Other Consumer Discretionary Stocks This Year?
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-11-12 2024-08-09 2024-05-08 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-11-12 11:33:00 2024-08-08 18:16:10 2024-05-08 12:31:51 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
revenue 911M 988M 550M 1 230M 887M 724M 381M 754M 715M
costOfRevenue 595M 822M 365M 1 015M 615M 519M 206M 527M 494M
grossProfit 316M 166M 185M 215M 272M 205M 175M 227M 221M
grossProfitRatio 0.347 0.168 0.336 0.175 0.307 0.283 0.459 0.301 0.309
researchAndDevelopmentExpenses 0 0 0 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 0 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 116M 91M 82M 93M 79M 69M 75M 96M 68M
otherExpenses 90M 105M 1 000 000 27M 14M 24M 84M 90M 89M
operatingExpenses 206M 96M 81M 93M 165M 153M 159M 186M 157M
costAndExpenses 801M 918M 446M 1 108M 780M 672M 365M 713M 651M
interestIncome 0 0 0 -161M 56M 54M 0 0 0
interestExpense 54M 53M 55M 53M 56M 54M 51M 49M 41M
depreciationAndAmortization 88M 89M 86M 115M 86M 84M 84M 90M 97M
ebitda -2 345M 159M 190M 237M 209M 159M 108M 160M 161M
ebitdaratio -2.574 0.161 0.345 0.193 0.236 0.22 0.283 0.212 0.225
operatingIncome 110M 59M 104M 122M 107M 52M 24M 70M 64M
operatingIncomeRatio 0.121 0.06 0.189 0.099 0.121 0.072 0.063 0.093 0.09
totalOtherIncomeExpensesNet 5M -36M -4M -70M 98M 127M -139M -6M 38M
incomeBeforeTax 115M 23M 100M 52M 149M 125M -115M 64M 102M
incomeBeforeTaxRatio 0.126 0.023 0.182 0.042 0.168 0.173 -0.302 0.085 0.143
incomeTaxExpense -2M -1 000 000 23M -8M 31M 10M -6M -311M -8M
netIncome -2 368M 24M 77M 60M 118M 116M -109M 374M 108M
netIncomeRatio -2.599 0.024 0.14 0.049 0.133 0.16 -0.286 0.496 0.151
eps -9.79 0.1 0.33 0.26 0.5 0.5 -0.47 1.5 0.46
epsdiluted -9.7 0.1 0.32 0.098 0.48 0.41 -0.46 1.5 0.31
weightedAverageShsOut 242M 235M 235M 235M 235M 244M 234M 250M 233M
weightedAverageShsOutDil 244M 238M 243M 235M 244M 244M 237M 250M 246M
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Balance Sheet Statement

Property 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-11-12 2024-08-09 2024-05-08 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-11-12 11:33:00 2024-08-08 18:16:10 2024-05-08 12:31:51 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 3 054M 1 491M 1 233M 1 408M 1 470M 1 489M 1 584M 1 733M 2 119M
shortTermInvestments 0 0 0 0 1 102M 0 728M 699M 0
cashAndShortTermInvestments 3 054M 1 491M 1 233M 1 408M 1 470M 1 489M 1 584M 1 733M 2 119M
netReceivables 122M 182M 175M 123M 149M 110M 91M 123M 103M
inventory 0 0 0 0 0 0 0 0 0
otherCurrentAssets 503M 363M 338M 180M 348M 355M 278M 167M 196M
totalCurrentAssets 3 679M 2 036M 1 746M 1 711M 1 967M 1 954M 1 953M 2 023M 2 418M
propertyPlantEquipmentNet 1 010M 825M 834M 838M 751M 629M 504M 408M 364M
goodwill 4 192M 4 191M 4 190M 3 956M 3 956M 3 956M 3 956M 3 956M 3 956M
intangibleAssets 2 757M 2 827M 2 898M 2 858M 2 924M 3 004M 3 083M 3 163M 3 249M
goodwillAndIntangibleAssets 6 949M 7 018M 7 088M 6 814M 6 880M 6 960M 7 039M 7 119M 7 205M
longTermInvestments 483M 37M 38M 41M 43M 336M 265M 253M 216M
taxAssets 0 0 2 202M 2 858M 2 040M 0 2 088M 0 0
otherNonCurrentAssets 1 087M 894M -1 303M -1 995M -1 127M 1 254M -871M 1 213M 1 528M
totalNonCurrentAssets 9 529M 8 774M 8 859M 8 556M 8 587M 9 179M 9 025M 8 993M 9 313M
otherAssets 0 0 0 0 0 0 0 0 0
totalAssets 13 208M 10 810M 10 605M 10 267M 10 554M 11 133M 10 978M 11 016M 11 731M
accountPayables 0 428M 396M 535M 390M 315M 318M 396M 267M
shortTermDebt 21M 37M 36M 36M 32M 27M 23M 61M 43M
taxPayables 0 0 0 0 0 0 0 0 0
deferredRevenue 756M 712M 664M 247M 776M 724M 655M 347M 471M
otherCurrentLiabilities 496M 37M -35M -31M -21M -28M 2M 29M 29M
totalCurrentLiabilities 1 273M 1 214M 1 061M 787M 1 177M 1 038M 998M 833M 810M
longTermDebt 4 289M 2 875M 2 866M 2 870M 2 865M 2 923M 2 935M 2 886M 3 410M
deferredRevenueNonCurrent 0 0 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 8M 3M 0 0 0 2 101M 2 093M
otherNonCurrentLiabilities 187M 173M 180M 188M 149M 217M 207M -1 739M 2 999M
totalNonCurrentLiabilities 4 476M 3 048M 3 054M 3 061M 3 014M 3 140M 3 142M 3 248M 3 780M
otherLiabilities 0 0 0 0 0 0 0 0 0
capitalLeaseObligations 0 0 0 0 0 0 0 0 0
totalLiabilities 5 749M 4 262M 4 115M 3 848M 4 191M 4 178M 4 140M 4 081M 4 590M
preferredStock 0 0 0 0 0 0 0 0 0
commonStock 0 6 548M 6 490M 6 419M 6 363M 6 931M 0 0 0
retainedEarnings 0 0 0 0 0 0 0 545M 1 486M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0 0 0 0
othertotalStockholdersEquity 7 459M 0 0 0 0 0 6 813M 6 365M 5 052M
totalStockholdersEquity 7 459M 6 548M 6 490M 6 419M 6 363M 6 931M 6 813M 6 910M 6 538M
totalEquity 7 459M 6 548M 6 490M 7 313M 6 363M 6 955M 6 838M 6 910M 6 538M
totalLiabilitiesAndStockholdersEquity 13 208M 10 810M 10 605M 10 267M 10 554M 11 133M 10 978M 11 016M 11 731M
minorityInterest 0 0 0 894M 0 24M 25M 25M 0
totalLiabilitiesAndTotalEquity 13 208M 10 810M 10 605M 10 267M 10 554M 11 133M 10 978M 11 016M 11 731M
totalInvestments 483M 37M 38M 41M 1 145M 336M 993M 952M 216M
totalDebt 4 365M 2 912M 2 902M 2 906M 2 897M 2 950M 2 958M 2 947M 3 453M
netDebt 1 311M 1 421M 1 669M 1 498M 1 427M 1 461M 1 374M 1 214M 1 334M
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Cash Flow Statement

Property 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA FWONA
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-11-12 2024-08-09 2024-05-08 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-11-12 11:33:00 2024-08-08 18:16:10 2024-05-08 12:31:51 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
netIncome -2 096M 24M 77M 60M 118M 115M -109M 375M 110M
depreciationAndAmortization 231M 89M 86M 115M 86M 84M 84M 90M 89M
deferredIncomeTax 47M -7M 9M -1 000 000 -33M -52M -31M -336M -27M
stockBasedCompensation 20M 6M 12M 6M 4M 5M 5M 4M 5M
changeInWorkingCapital -40M 98M 26M -146M 94M -37M 221M 19M 47M
accountsReceivables 0 0 0 0 0 0 0 0 0
inventory 0 0 0 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0 0 0 0
otherWorkingCapital -40M 98M 26M -146M 94M -37M 0 0 0
otherNonCashItems 2 358M 51M 114M 31M -23M -64M 87M -34M -42M
netCashProvidedByOperatingActivities 519M 261M 140M 65M 246M 51M 257M 118M 182M
investmentsInPropertyPlantAndEquipment 57M -13M -27M -118M -128M -118M -62M -28M -12M
acquisitionsNet -6M 0 -205M -110M 42M -9M -96M -59M -32M
purchasesOfInvestments 171M 0 -1 000 000 212M 0 -43M -169M -17M -32M
salesMaturitiesOfInvestments 0 0 0 110M 0 43M 0 167M 0
otherInvestingActivites -336M 1 000 000 -63M -1 000 000 -1 000 000 -18M 168M 505M 31M
netCashUsedForInvestingActivites -114M -12M -296M -119M -87M -145M -159M 568M -45M
debtRepayment -6M -11M -10M -267M -76M -6M -255M -2 930M -455M
commonStockIssued 939M 0 0 -8M 0 0 0 0 0
commonStockRepurchased 0 0 -7M -1 000 000 0 0 0 -579M 0
dividendsPaid -17M 0 -17M 0 0 0 -17M -16M -16M
otherFinancingActivites 941M 28M -1 000 000 -276M -100M 5M 23M 2 440M 514M
netCashUsedProvidedByFinancingActivities 918M 17M -11M -9M -176M -1 000 000 -249M -1 085M 43M
effectOfForexChangesOnCash 1 000 000 -8M 0 1 000 000 -66M 0 2M 13M -5M
netChangeInCash 1 174M 258M -175M -62M -19M -95M -149M -386M 175M
cashAtEndOfPeriod 2 673M 1 491M 1 233M 1 408M 1 470M 1 489M 1 584M 1 733M 2 119M
cashAtBeginningOfPeriod 1 499M 1 233M 1 408M 1 470M 1 489M 1 584M 1 733M 2 119M 1 944M
operatingCashFlow 519M 261M 140M 65M 246M 51M 257M 118M 182M
capitalExpenditure 57M -13M -27M -118M -128M -118M -62M -28M -12M
freeCashFlow 577M 248M 113M -53M 118M -67M 195M 90M 170M
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Earning call transcript

2024 q3
2024-11-07 ET (fiscal 2024 q3)
2024 q2
2024-08-08 ET (fiscal 2024 q2)
2024 q1
2024-05-08 ET (fiscal 2024 q1)
2023 q4
2024-02-28 ET (fiscal 2023 q4)
2023 q3
2023-11-03 ET (fiscal 2023 q3)
2023 q2
2023-08-04 ET (fiscal 2023 q2)
2023 q1
2023-05-05 ET (fiscal 2023 q1)
2022 q4
2023-03-01 ET (fiscal 2022 q4)
2022 q3
2022-11-04 ET (fiscal 2022 q3)
2022 q2
2022-08-05 ET (fiscal 2022 q2)
2022 q1
2022-05-06 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 8
2023-11-03 14:06 ET
Liberty Media-Liberty (F-A) published news for 2023 q3
SEC form 6
2023-08-04 13:27 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 10
2023-08-04 12:58 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-08-03 17:26 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-07-21 12:37 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-07-19 17:07 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-07-18 17:22 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-07-18 09:02 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-07-11 16:08 ET
Liberty Media-Liberty (F-A) published news for 2023 q2
SEC form 6
2023-06-30 13:02 ET
Liberty Media-Liberty (F-A) published news for 2023 q1
SEC form 6
2023-06-20 12:49 ET
Liberty Media-Liberty (F-A) published news for 2023 q1
SEC form 6
2023-06-12 16:21 ET
Liberty Media-Liberty (F-A) published news for 2023 q1
SEC form 6
2023-06-07 16:06 ET
Liberty Media-Liberty (F-A) published news for 2023 q1