Madison Square Garden Entertainment Corp (N:MSGE)
Business Focus: Plays & Concert Production
| Sector: Consumer Cyclicals | Industry: Entertainment Production |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | Two Pennsylvania Plaza NEW YORK NY 10121 |
| Tel: | 1-212-6315422 |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| James Lawrence Dolan Executive Chairman of the Board, Chief Executive Officer | Michael J. Grau Chief Financial Officer, Executive Vice President | Courtney M. Zeppetella Senior Vice President, Chief Accounting Officer, Controller |
| Business Overview |
| Madison Square Garden Entertainment Corp. (MSG Entertainment) is a live entertainment company, comprised of venues and marquee entertainment content. The Company's portfolio includes a collection of venues, such as New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcases an array of sporting events, concerts, family shows, and special events for guests annually. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes. |
| Financial Overview |
| For the six months ended 31 December 2023, Madison Square Garden Entertainment Corp revenues increased 8% to $544.9M. Net income decreased 6% to $74.6M. Revenues reflect Ticketing and venue license fee revenues increase of 17% to $287.5M, Food, beverage and merchandise revenues increase of 10% to $89.9M, Other Rev from Biz Related Activ increase from $2.7M to $5.4M. Net income was offset by Selling. |
| Employees: | 970 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $2,480M as of Dec 31, 2023 |
| Annual revenue (TTM): | $894.04M as of Dec 31, 2023 |
| EBITDA (TTM): | $179.96M as of Dec 31, 2023 |
| Net annual income (TTM): | $71.82M as of Dec 31, 2023 |
| Free cash flow (TTM): | $154.40M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $586.71M as of Dec 31, 2023 |
| Shares outstanding: | 47,988,704 as of Jan 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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