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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Madison Square Garden Entertainment Corp.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21
   10-K10-K10-K
Revenues  779.8582.157.5
            Revenue growth  34.0%912.5% 
Cost of goods sold  499.9417.396.2
Gross profit  279.9164.8-38.7
            Gross margin  35.9%28.3%-67.4%
Selling, general and administrative  180.2167.1136.6
Other operating expenses  -71.7-71.4-24.3
EBITDA   [+]171.469.1-151.0
            EBITDA margin  22.0%11.9%-262.7%
Depreciation  59.763.770.6
EBITA  111.65.4-221.6
            EBITA margin  14.3%0.9%-385.5%
Amortization of intangibles  0.85.81.0
EBIT   [+]110.9-0.5-222.6
            EBIT margin  14.2%-0.1%-387.2%
Non-recurring items   [+]5.95.214.7
Interest expense, net   [+]44.646.027.3
Other income (expense), net   [+]15.7-84.645.3
Pre-tax income  76.0-136.2-219.3
Income taxes  -1.70.1-5.3
            Tax rate    2.4%
Net income  77.8-136.3-214.0
            Net margin  10.0%-23.4%-372.2%
   
Basic EPS   [+]$1.50($2.63)($4.13)
Diluted EPS   [+]$1.49($2.63)($4.13)
   
Shares outstanding (basic)   [+]51.851.851.8
Shares outstanding (diluted)   [+]52.351.851.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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