Getty Images(NYSE:GETY)
Getty Images Holdings, Inc. operates as a visual content creator and marketplace in the United States and internationally. It maintains privately-owned photographic archives covering approximately 160,000 news, sport, and entertainment events, as well as variety of subjects, including lifestyle, bus...
Website: https://www.gettyimages.com
Founded: 1995
IPO Price: $10 (Jul 29, 2022)
Full Time Employees: 1,600
CEO: Craig Peters
Sector: Communication Services
Industry: Internet Content & Information
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 | 2022-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 226,574,000 | 282,287,000 | 240,044,000 | 234,882,000 | 224,077,000 | 247,324,000 | 240,545,000 | 229,140,000 | 222,278,000 | 225,939,000 | 229,298,000 | 225,675,000 | 235,642,000 | 231,466,000 | 230,474,000 | |
yoy | 1.11% | 14.14% | -0.21% | 2.51% | 0.81% | 9.46% | 4.90% | 1.54% | -5.67% | -2.39% | -0.51% | |||||
qoq | -19.74% | 17.60% | 2.20% | 4.82% | -9.40% | 2.82% | 4.98% | 3.09% | -1.62% | -1.46% | 1.61% | -4.23% | 1.80% | 0.43% | ||
operating expenses: | ||||||||||||||||
cost of revenue | 66,168,000 | 71,183,000 | 64,294,000 | 65,629,000 | 60,209,000 | 65,623,000 | 64,092,000 | 63,097,000 | 60,256,000 | 62,670,000 | 60,939,000 | 63,354,000 | 63,286,000 | 63,938,000 | 64,040,000 | |
selling, general and administrative expenses | 102,187,000 | 111,590,000 | 101,044,000 | 105,066,000 | 98,268,000 | 105,490,000 | 100,130,000 | 101,232,000 | 100,944,000 | 101,586,000 | 97,253,000 | 107,723,000 | 102,395,000 | 96,428,000 | 91,571,000 | |
depreciation | 16,073,000 | 16,007,000 | 15,970,000 | 15,535,000 | 14,947,000 | 15,059,000 | 14,879,000 | 14,689,000 | 14,360,000 | 14,025,000 | 13,786,000 | 13,540,000 | 13,023,000 | 12,276,000 | 12,407,000 | |
amortization | 586,000 | 577,000 | 588,000 | 573,000 | 566,000 | 590,000 | 590,000 | 592,000 | 534,000 | 2,304,000 | 7,298,000 | 7,260,000 | 7,207,000 | 7,969,000 | 11,566,000 | |
loss on litigation | 5,123,000 | 91,534,000 | 2,614,000 | 2,007,000 | 4,343,000 | 12,478,000 | 3,199,000 | 2,792,000 | 2,022,000 | 3,502,000 | 106,108,000 | |||||
other operating expenses – net | 4,882,000 | 15,496,000 | 10,420,000 | 10,512,000 | 18,402,000 | 280,000 | 3,128,000 | |||||||||
total operating expenses | 195,019,000 | 306,387,000 | 194,930,000 | 199,322,000 | 196,735,000 | 211,447,000 | 183,109,000 | 182,682,000 | 181,244,000 | |||||||
income from operations | 31,555,000 | -24,100,000 | 45,114,000 | 35,560,000 | 27,342,000 | 35,877,000 | 57,436,000 | 46,458,000 | 41,034,000 | 40,816,000 | 3,938,000 | 33,466,000 | 49,452,000 | 55,632,000 | 50,358,000 | -1,517,721 |
yoy | 15.41% | -167.17% | -21.45% | -23.46% | -33.37% | -12.10% | 1358.51% | 38.82% | -17.02% | -26.63% | -92.18% | -2305.02% | ||||
qoq | -230.93% | -153.42% | 26.87% | 30.06% | -23.79% | -37.54% | 23.63% | 13.22% | 0.53% | 936.47% | -88.23% | -32.33% | -11.11% | 10.47% | -3418.00% | |
operating margin % | 13.93% | -8.54% | 18.79% | 15.14% | 12.20% | 14.51% | 23.88% | 20.27% | 18.46% | 18.07% | 1.72% | 14.83% | 20.99% | 24.03% | 21.85% | -Infinity% |
other income, net: | ||||||||||||||||
interest expense | -54,174,000 | -51,198,000 | -35,746,000 | -36,556,000 | -32,675,000 | -30,790,000 | -34,004,000 | -33,890,000 | -32,724,000 | -32,449,000 | -32,255,000 | -31,683,000 | -30,497,000 | -28,246,000 | -29,397,000 | |
foreign exchange gain – net | 14,773,000 | -525,000 | 1,492,000 | -54,771,000 | -25,078,000 | |||||||||||
loss on extinguishment of debt | -5,474,000 | -2,693,000 | ||||||||||||||
other non-operating income – net | 6,007,000 | -1,935,000 | -2,094,000 | -1,201,000 | 1,452,000 | 1,180,000 | 1,515,000 | 1,426,000 | 1,104,000 | 634,000 | 357,000 | -3,763,000 | ||||
total other expense – net | -33,394,000 | -54,087,000 | -33,553,000 | -93,262,000 | -65,321,000 | 13,876,000 | -61,209,000 | -30,271,000 | -16,246,000 | -59,716,000 | -16,991,000 | -43,016,000 | -73,809,000 | -157,849,000 | ||
income before income taxes | -1,839,000 | -78,187,000 | 11,561,000 | -57,702,000 | -37,979,000 | 49,753,000 | -3,773,000 | 16,187,000 | 24,788,000 | -18,900,000 | -13,053,000 | -1,388,000 | 6,436,000 | -18,177,000 | -107,491,000 | |
income tax expense | -2,595,000 | -12,498,000 | -11,201,000 | -2,879,250 | -5,395,000 | -2,889,000 | -3,233,000 | -5,152,000 | -10,625,000 | |||||||
net income | -4,434,000 | -90,870,000 | 21,618,000 | -34,359,000 | -102,572,000 | 24,723,000 | -2,527,000 | 3,689,000 | 13,587,000 | 39,099,000 | -18,448,000 | -4,277,000 | 3,203,000 | -23,329,000 | -118,116,000 | 31,730,239 |
yoy | -95.68% | -467.55% | -955.48% | -1031.39% | -854.93% | -36.77% | -86.30% | -186.25% | 324.20% | -267.60% | -84.38% | -113.48% | ||||
qoq | -95.12% | -520.34% | -162.92% | -66.50% | -514.88% | -1078.35% | -168.50% | -72.85% | -65.25% | -311.94% | 331.33% | -233.53% | -113.73% | -80.25% | -472.25% | |
net income margin % | -1.96% | -32.19% | 9.01% | -14.63% | -45.78% | 10.00% | -1.05% | 1.61% | 6.11% | 17.31% | -8.05% | -1.90% | 1.36% | -10.08% | -51.25% | Infinity% |
less: | ||||||||||||||||
net income attributable to non-controlling interest | -370,000 | 710,000 | 297,000 | -332,000 | -158,000 | 132,000 | ||||||||||
net loss attributable to getty images holdings, inc. | -4,064,000 | -4,942,500 | -18,403,000 | |||||||||||||
net income per share | ||||||||||||||||
basic | -0.01 | -0.22 | 0.05 | -0.08 | -0.25 | 0.01 | 0.03 | 0.1 | -0.05 | -0.01 | 0.01 | -0.01 | -0.47 | |||
diluted | -0.01 | -0.22 | 0.05 | -0.08 | -0.25 | 0.01 | 0.03 | 0.1 | -0.05 | -0.01 | 0.01 | 0.06 | -0.51 | |||
weighted-average class a common shares outstanding: | ||||||||||||||||
basic | 417,539,058 | 414,344,822 | 414,932,808 | 413,741,878 | 412,472,878 | 409,144,863,000 | 410,473,104,000 | 408,989,273 | 405,635 | 399,037,805 | 399,703,684 | 397,417,290 | 395,307,317 | 276,942,660 | 318,152,726 | |
diluted | 417,539,058 | 414,344,822 | 415,204,506 | 413,741,878 | 412,472,878 | 414,870,801,000 | 410,473,104,000 | 414,439,239 | 414,893 | 411,495,025 | 399,703,684 | 397,417,290 | 408,640,904 | 276,942,660 | 323,337,894 | |
(loss) on fair value adjustment for swaps – net | ||||||||||||||||
other non-operating income (expense) – net | -832,000 | 701,000 | ||||||||||||||
income tax benefit | -12,683,000 | 10,057,000 | 23,343,000 | -64,593,000 | -25,030,000 | 1,246,000 | ||||||||||
net loss attributable to non-controlling interest | -9,500 | -748,000 | ||||||||||||||
net income attributable to getty images holdings, inc. | -90,848,000 | 22,366,000 | -35,069,000 | -102,572,000 | 24,426,000 | -2,195,000 | 3,847,000 | 13,455,000 | -4,063,000 | 2,696,000 | -22,927,000 | -149,398,000 | ||||
recovery of loss on litigation | -60,000,000 | |||||||||||||||
other operating expenses (income) – net | 12,207,000 | 219,000 | ||||||||||||||
loss on fair value adjustment for swaps – net | -364,750 | -1,459,000 | ||||||||||||||
unrealized foreign exchange gain – net | -2,449,000 | -28,657,000 | ||||||||||||||
net income share attributable to class a getty images holdings, inc. common stockholders: | ||||||||||||||||
basic | 60 | -10 | ||||||||||||||
diluted | 60 | -10 | ||||||||||||||
unrealized foreign exchange gains (loss) – net | 2,439,000 | 16,422,000 | ||||||||||||||
operating expense: | ||||||||||||||||
other operating expense – net | 1,036,000 | -24,000 | 332,000 | 279,000 | 1,024,000 | 532,000 | ||||||||||
operating expense | 185,123,000 | 225,360,000 | 192,209,000 | 186,190,000 | 175,834,000 | 180,116,000 | ||||||||||
other expense, net: | ||||||||||||||||
gain on fair value adjustment for swaps and foreign currency exchange contract – net | -2,526,000 | -2,322,000 | -640,000 | -2,085,000 | 731,000 | 5,672,000 | ||||||||||
unrealized foreign exchange gains – net | 598,750 | 16,482,000 | -3,165,000 | -10,922,000 | -47,262,000 | 33,671,000 | ||||||||||
net loss on fair value adjustment for warrant liabilities | -40,334,750 | -161,339,000 | ||||||||||||||
net income attributable to noncontrolling interest | -10,000 | -45,000 | -214,000 | 507,000 | -402,000 | -62,000 | ||||||||||
premium on early redemption of redeemable preferred stock | 26,678,000 | |||||||||||||||
redeemable preferred stock dividend | 4,666,000 | |||||||||||||||
total other income – net | -34,854,000 | |||||||||||||||
other non-operating expense – net | 488,000 | |||||||||||||||
general and administrative expenses | 1,517,721 | |||||||||||||||
other income: | ||||||||||||||||
change in fair value of derivative liabilities | 32,166,000 | |||||||||||||||
unrealized gain on investments held in trust account | 1,081,960 | |||||||||||||||
total other income | 33,247,960 | |||||||||||||||
basic and diluted weighted-average shares outstanding of class a ordinary shares | 82,800,000 | |||||||||||||||
basic and diluted net income per ordinary share | 0.29 | |||||||||||||||
basic and diluted weighted-average shares outstanding of class b ordinary shares | 25,700,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 | 2022-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||
current assets: | ||||||||||||||||
cash and cash equivalents | 96,634,000 | 90,183,000 | 109,533,000 | 110,275,000 | 114,554,000 | 121,173,000 | 109,873,000 | 121,702,000 | 134,198,000 | 136,623,000 | 113,546,000 | 121,308,000 | 116,820,000 | 97,912,000 | 71,869,000 | |
restricted cash | 640,656,000 | 635,124,000 | 4,106,000 | 4,105,000 | 4,119,000 | 4,131,000 | 4,515,000 | 4,530,000 | 4,538,000 | 4,227,000 | 4,250,000 | 4,274,000 | 4,458,000 | 4,482,000 | 4,533,000 | |
accounts receivable – net of allowance of 5,366 and 5,338, respectively | 190,522,000 | |||||||||||||||
prepaid expenses | 21,711,000 | 20,786,000 | 17,065,000 | 15,463,000 | 15,226,000 | 16,327,000 | 14,645,000 | 13,820,000 | 16,117,000 | 15,798,000 | 13,255,000 | 12,357,000 | 15,180,000 | 15,728,000 | 11,864,000 | 76,792 |
insurance recovery receivable | 33,711,000 | 34,954,000 | 37,196,000 | 37,619,000 | 40,000,000 | 45,000,000 | 45,969,000 | 46,491,000 | 47,684,000 | 48,615,000 | 60,000,000 | |||||
taxes receivable | 10,402,000 | 10,342,000 | 10,671,000 | 10,540,000 | 10,058,000 | 9,577,000 | 10,411,000 | 9,951,000 | 9,789,000 | 9,758,000 | 10,421,000 | 10,604,000 | 11,542,000 | 11,297,000 | 2,644,000 | |
other current assets | 9,013,000 | 11,526,000 | 10,669,000 | 8,148,000 | 7,681,000 | 11,477,000 | 13,459,000 | 12,615,000 | 12,850,000 | 11,253,000 | 13,217,000 | 15,126,000 | 14,185,000 | 10,497,000 | 8,986,000 | |
total current assets | 1,002,649,000 | 1,011,383,000 | 355,221,000 | 348,809,000 | 350,335,000 | 358,815,000 | 335,574,000 | 330,402,000 | 363,617,000 | 365,004,000 | 340,854,000 | 285,330,000 | 297,385,000 | 269,519,000 | 224,405,000 | 80,005 |
property and equipment | 179,557,000 | 184,189,000 | 185,279,000 | 187,178,000 | 180,309,000 | 177,292,000 | 182,801,000 | 179,272,000 | 178,226,000 | |||||||
operating lease right-of-use assets | 21,838,000 | 26,641,000 | 29,241,000 | 30,478,000 | 34,845,000 | 36,498,000 | 38,744,000 | |||||||||
goodwill | 1,514,615,000 | 1,516,265,000 | 1,515,470,000 | 1,516,960,000 | 1,511,795,000 | 1,510,477,000 | 1,516,979,000 | 1,514,752,000 | 1,499,432,000 | 1,501,814,000 | 1,499,869,000 | 1,501,190,000 | 1,499,889,000 | 1,499,578,000 | 1,497,843,000 | |
intangible assets, net of accumulated amortization | 409,297,000 | 414,699,000 | 415,027,000 | 416,030,000 | 397,877,000 | 389,906,000 | 406,586,000 | 397,928,000 | 397,399,000 | |||||||
deferred income taxes | 57,879,000 | 57,977,000 | 65,699,000 | 66,355,000 | 64,681,000 | 63,965,000 | 69,240,000 | 69,120,000 | 69,235,000 | |||||||
other assets | 31,490,000 | 31,513,000 | 31,482,000 | 31,388,000 | 31,028,000 | 30,800,000 | 39,023,000 | 38,563,000 | 38,800,000 | |||||||
total assets | 3,217,325,000 | 3,240,288,000 | 2,594,819,000 | 2,595,961,000 | 2,566,503,000 | 2,563,708,000 | 2,585,048,000 | 2,566,535,000 | 2,585,453,000 | 829,985,200 | ||||||
liabilities and stockholders’ equity | ||||||||||||||||
current liabilities: | ||||||||||||||||
accounts payable | 107,315,000 | 114,231,000 | 105,054,000 | 103,496,000 | 103,133,000 | 99,320,000 | 100,208,000 | 96,823,000 | 91,837,000 | 102,525,000 | 94,072,000 | 90,540,000 | 90,303,000 | 93,766,000 | 89,443,000 | 17,063 |
accrued expenses | 93,541,000 | 89,854,000 | 74,595,000 | 66,686,000 | 49,408,000 | 59,938,000 | 45,403,000 | 48,332,000 | 36,407,000 | 43,653,000 | 42,161,000 | 45,301,000 | 36,537,000 | 49,327,000 | 48,339,000 | 408,988 |
short-term debt | 701,816,000 | 21,060,000 | 21,101,000 | 19,447,000 | ||||||||||||
income taxes payable | 14,858,000 | 13,772,000 | 9,701,000 | 9,463,000 | 17,363,000 | 10,913,000 | 7,388,000 | 10,420,000 | 13,941,000 | 11,325,000 | 5,670,000 | 7,900,000 | 13,274,000 | 8,031,000 | 1,307,000 | |
litigation reserves | 208,372,000 | 205,324,000 | 115,506,000 | 114,002,000 | 112,380,000 | 110,994,000 | 102,171,000 | 100,847,000 | 99,539,000 | 98,149,000 | 96,711,000 | |||||
deferred revenue | 199,089,000 | 188,338,000 | 176,795,000 | 184,934,000 | 186,634,000 | 172,090,000 | 171,345,000 | 169,396,000 | 180,603,000 | 176,349,000 | 169,025,000 | 175,721,000 | 179,522,000 | 171,371,000 | 163,220,000 | |
total current liabilities | 1,324,991,000 | 1,307,993,000 | 502,711,000 | 499,682,000 | 488,365,000 | 453,255,000 | 426,515,000 | 425,818,000 | 422,327,000 | 432,001,000 | 407,639,000 | 319,462,000 | 319,636,000 | 322,495,000 | 302,309,000 | 895,151 |
long-term debt | 1,251,399,000 | 1,270,888,000 | 1,336,030,000 | 1,341,305,000 | 1,308,112,000 | 1,314,424,000 | 1,349,012,000 | 1,349,391,000 | 1,384,938,000 | |||||||
lease liabilities | 22,300,000 | 23,553,000 | 24,405,000 | 25,925,000 | 26,559,000 | 29,034,000 | 32,170,000 | 34,223,000 | 36,899,000 | 39,858,000 | 41,358,000 | 42,204,000 | 44,363,000 | 46,218,000 | 47,252,000 | |
uncertain tax positions | 21,468,000 | 21,122,000 | 21,581,000 | 21,711,000 | 22,831,000 | 22,329,000 | 22,206,000 | 22,919,000 | 24,610,000 | 24,772,000 | 31,381,000 | 33,073,000 | 37,407,000 | 37,333,000 | 37,355,000 | |
other long-term liabilities | 2,716,000 | 1,889,000 | 2,233,000 | 2,523,000 | 2,177,000 | 1,969,000 | 1,993,000 | 1,951,000 | 2,697,000 | 3,462,000 | 4,222,000 | 4,445,000 | 3,457,000 | 3,167,000 | 7,424,000 | |
total liabilities | 2,630,712,000 | 2,639,662,000 | 1,912,132,000 | 1,935,949,000 | 1,925,407,000 | 1,845,368,000 | 1,853,797,000 | 1,864,326,000 | 1,896,308,000 | 1,920,331,000 | 1,897,261,000 | 1,845,027,000 | 1,872,995,000 | 1,875,135,000 | 1,830,722,000 | 71,207,140 |
commitments & contingencies | ||||||||||||||||
stockholders’ equity: | ||||||||||||||||
class a common stock | 42,000 | 42,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 40,000 | 40,000 | 40,000 | 39,000 | 39,000 | 39,000 | |
additional paid-in capital | 2,043,226,000 | 2,039,751,000 | 2,032,426,000 | 2,027,941,000 | 2,022,385,000 | 2,017,407,000 | 2,010,856,000 | 2,005,180,000 | 1,993,009,000 | 1,983,276,000 | 1,973,330,000 | 1,957,188,000 | 1,945,803,000 | 1,936,324,000 | 1,926,489,000 | |
accumulated deficit | -1,433,669,000 | -1,429,605,000 | -1,338,757,000 | -1,361,123,000 | -1,326,054,000 | -1,223,482,000 | -1,247,908,000 | -1,245,713,000 | -1,249,560,000 | -1,263,015,000 | -1,302,124,000 | -1,283,721,000 | -1,279,658,000 | -1,282,354,000 | -1,259,427,000 | -71,029,705 |
accumulated other comprehensive loss | -70,700,000 | -57,646,000 | -59,129,000 | -55,701,000 | -103,420,000 | -123,770,000 | -79,585,000 | -105,478,000 | -102,682,000 | -87,076,000 | -111,964,000 | -98,131,000 | -100,548,000 | -108,928,000 | -145,182,000 | |
total getty images holdings, inc. stockholders’ equity | 538,899,000 | 552,542,000 | 634,581,000 | 611,158,000 | 592,952,000 | 670,196,000 | 683,404,000 | 654,030,000 | 640,808,000 | 633,225,000 | 559,282,000 | 575,376,000 | 565,636,000 | 545,081,000 | 521,919,000 | |
non-controlling interest | 47,714,000 | 48,084,000 | 48,106,000 | 48,854,000 | 48,144,000 | 48,144,000 | 47,847,000 | 48,179,000 | 48,337,000 | |||||||
total stockholders’ equity | 586,613,000 | 600,626,000 | 682,687,000 | 660,012,000 | 641,096,000 | 718,340,000 | 731,251,000 | 702,209,000 | 689,145,000 | 681,430,000 | 607,497,000 | 623,636,000 | 614,110,000 | 593,048,000 | 570,288,000 | |
total liabilities and stockholders’ equity | 3,217,325,000 | 3,240,288,000 | 2,594,819,000 | 2,595,961,000 | 2,566,503,000 | 2,563,708,000 | 2,585,048,000 | 2,566,535,000 | 2,585,453,000 | |||||||
accounts receivable – net of allowance of 5,338 and 6,164, respectively | 208,468,000 | |||||||||||||||
operating lease right of use assets | 24,262,000 | 32,453,000 | ||||||||||||||
short-term debt - net | 696,474,000 | |||||||||||||||
accounts receivable – net of allowance of 5,353 and 6,164, respectively | 165,981,000 | |||||||||||||||
accounts receivable – net of allowance of 6,100 and 6,164, respectively | 162,659,000 | |||||||||||||||
accounts receivable – net of allowance of 6,123 and 6,164, respectively | 158,697,000 | |||||||||||||||
accounts receivable – net of allowance of 6,164 and 6,527, respectively | 151,130,000 | |||||||||||||||
redeemable preferred stock, 0.0001 par value... | ||||||||||||||||
class b common stock | ||||||||||||||||
accounts receivable – net of allowance of 6,911 and 6,526, respectively | 136,702,000 | |||||||||||||||
accounts receivable – net of allowance of 6,475 and 6,526, respectively | 121,293,000 | |||||||||||||||
stockholders' equity: | ||||||||||||||||
accounts receivable – net of allowance of 6,439 and 6,526, respectively | 138,441,000 | |||||||||||||||
accounts receivable – net of allowance of 6,526 and 6,460, respectively | 138,730,000 | |||||||||||||||
property and equipment – net | 179,378,000 | 174,578,000 | 176,713,000 | 175,952,000 | 172,083,000 | 163,659,000 | ||||||||||
right of use assets | 41,098,000 | 41,997,000 | 43,311,000 | 45,353,000 | 47,231,000 | 48,318,000 | ||||||||||
identifiable intangible assets – net | 403,805,000 | 396,443,000 | 409,834,000 | 416,945,000 | 419,548,000 | 408,743,000 | ||||||||||
deferred income taxes – net | 69,400,000 | 7,639,000 | 8,286,000 | 8,328,000 | 8,272,000 | 7,785,000 | ||||||||||
other long-term assets | 41,262,000 | 43,378,000 | 43,999,000 | 43,253,000 | 51,952,000 | 50,257,000 | ||||||||||
total | 2,601,761,000 | 2,504,758,000 | 2,468,663,000 | 2,487,105,000 | 2,468,183,000 | 2,401,010,000 | ||||||||||
long-term debt – net | 1,398,658,000 | 1,380,386,000 | 1,414,549,000 | 1,436,674,000 | 1,428,847,000 | 1,392,422,000 | ||||||||||
commitments and contingencies | ||||||||||||||||
preferred stock, 0.0001 par value... | ||||||||||||||||
noncontrolling interest | 48,205,000 | 48,215,000 | 48,260,000 | 48,474,000 | 47,967,000 | 48,369,000 | ||||||||||
accounts receivable – net of allowance of 7,040 and 6,460, respectively | 126,165,000 | |||||||||||||||
accounts receivable – net of allowance of 7,090 and 6,460, respectively | 121,661,000 | |||||||||||||||
accounts receivable – net of allowance of 6,817 and 6,460, respectively | 135,200,000 | |||||||||||||||
accounts receivable – net of allowance of 6,460 and 5,946 | 129,603,000 | |||||||||||||||
liabilities, redeemable preferred stock and stockholders’ equity | ||||||||||||||||
short-term debt – net | ||||||||||||||||
redeemable preferred stock: | ||||||||||||||||
redeemable preferred stock, 0.01 par value... | ||||||||||||||||
stockholders’ equity | ||||||||||||||||
accounts receivable – net of allowance of 5,983 and 5,946 | 124,509,000 | |||||||||||||||
cash | 3,213 | |||||||||||||||
investments and cash held in trust account | 829,905,195 | |||||||||||||||
liabilities and shareholders’ deficit | ||||||||||||||||
accrued expenses - related party | 469,100 | |||||||||||||||
non-current accounts payable and accrued expenses | 5,858,989 | |||||||||||||||
working capital loan | 1,065,000 | |||||||||||||||
deferred underwriting commissions in connection with the initial public offering | 28,980,000 | |||||||||||||||
derivative liabilities | 34,408,000 | |||||||||||||||
class a ordinary shares, 0.0001 par value... | 829,805,195 | |||||||||||||||
shareholders’ deficit | ||||||||||||||||
preference shares, 0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | ||||||||||||||||
class b ordinary shares, 0.0001 par value... | 2,570 | |||||||||||||||
total shareholders’ deficit | -71,027,135 | |||||||||||||||
total liabilities and shareholders’ deficit | 829,985,200 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||
net loss | -4,434,000 | ||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||
depreciation and amortization | 16,659,000 | 16,558,000 | 16,108,000 | 15,513,000 | |||||||||||
foreign currency losses on foreign denominated debt | -9,492,000 | ||||||||||||||
equity-based compensation | 3,371,000 | 4,541,000 | 4,004,000 | 3,786,000 | 4,525,000 | 4,394,000 | 4,306,000 | 4,014,000 | 9,134,000 | 10,467,000 | 9,176,000 | 11,877,000 | 6,132,000 | 3,355,000 | |
debt extinguishment | 0 | 0 | 5,474,000 | ||||||||||||
deferred income taxes – net | -7,237,000 | -3,166,000 | -18,954,000 | -28,709,000 | 54,827,000 | 3,613,000 | -8,244,000 | 5,303,000 | 3,422,000 | -72,456,000 | 1,628,000 | -5,756,000 | -40,000 | -4,672,000 | |
uncertain tax positions | 346,000 | -460,000 | -130,000 | -1,120,000 | 502,000 | 245,000 | -712,000 | -1,691,000 | -163,000 | -6,609,000 | -2,942,000 | -4,232,000 | 1,222,000 | -23,000 | |
amortization of debt issuance costs | 1,927,000 | 1,687,000 | 1,503,000 | 2,395,000 | 1,923,000 | 614,000 | 621,000 | 540,000 | 743,000 | 1,000,000 | 1,005,000 | 929,000 | 1,031,000 | 1,473,000 | |
non-cash operating lease costs | 2,849,000 | 2,287,000 | 3,513,000 | 2,773,000 | 2,938,000 | 3,136,000 | 2,913,000 | 1,314,000 | |||||||
other | 480,000 | -5,009,000 | 104,000 | 3,088,000 | 3,145,000 | 3,319,000 | 848,000 | 862,000 | 632,000 | 1,110,000 | 1,824,000 | 801,000 | 723,000 | -79,000 | |
changes in assets and liabilities: | |||||||||||||||
accounts receivable | 16,855,000 | -42,533,000 | -3,688,000 | -237,000 | -6,373,000 | -19,168,000 | -13,631,000 | 16,442,000 | -2,051,000 | -10,548,000 | -7,862,000 | 12,427,000 | -5,721,000 | -3,727,000 | |
accounts payable | -66,000 | 5,699,000 | 1,527,000 | -910,000 | 6,075,000 | 1,377,000 | -696,000 | 3,437,000 | -8,877,000 | 7,018,000 | 1,361,000 | 763,000 | 657,000 | 2,395,000 | 3,608,379 |
accrued expenses | -19,482,000 | 12,890,000 | -37,000 | 1,577,000 | -4,719,000 | 7,692,000 | 3,334,000 | 3,612,000 | -212,000 | -6,576,000 | 5,011,000 | -164,000 | -5,079,000 | 367,000 | -14,972,748 |
insurance recovery receivable | 1,243,000 | 2,242,000 | 423,000 | 2,381,000 | 5,000,000 | 969,000 | 522,000 | 1,193,000 | 931,000 | 11,385,000 | |||||
litigation reserves | 3,048,000 | 89,818,000 | 1,504,000 | 1,507,000 | 1,501,000 | 8,823,000 | 1,323,000 | 1,309,000 | 1,390,000 | 1,438,000 | |||||
lease liabilities, non-current | -3,370,000 | -3,338,000 | -2,796,000 | -3,992,000 | -3,265,000 | -3,451,000 | -2,854,000 | -3,161,000 | -2,957,000 | -7,542,000 | -1,430,000 | -2,193,000 | -2,022,000 | -396,000 | |
income taxes receivable/payable | -1,187,000 | 6,148,000 | 148,000 | -7,848,000 | 6,683,000 | 2,472,000 | 105,000 | -4,110,000 | 145,000 | 9,409,000 | -219,000 | 852,000 | -2,015,000 | 4,135,000 | |
interest payable | 25,998,000 | 4,368,000 | 8,149,000 | 16,932,000 | -7,316,000 | -7,328,000 | 7,315,000 | -7,317,000 | -6,938,000 | 7,443,000 | -7,573,000 | 1,271,000 | |||
deferred revenue | 13,220,000 | 11,478,000 | -6,712,000 | -6,325,000 | 13,167,000 | 5,649,000 | -2,099,000 | -10,941,000 | 7,883,000 | 2,120,000 | -3,204,000 | -2,217,000 | 7,833,000 | 2,533,000 | |
net cash from operating activities | 40,032,000 | 20,640,000 | 22,620,000 | 6,546,000 | 15,384,000 | 39,696,000 | 10,653,000 | 46,443,000 | 21,528,000 | 33,725,000 | 25,208,000 | 41,868,000 | 31,915,000 | 33,944,000 | 129,750,084 |
capital expenditures | -16,063,000 | -12,966,000 | -14,735,000 | -16,111,000 | -15,706,000 | -15,127,000 | -12,490,000 | -15,381,000 | -14,452,000 | -15,131,000 | -12,416,000 | -13,927,000 | -15,525,000 | -13,257,000 | 0 |
free cash flows | 23,969,000 | 7,674,000 | 7,885,000 | -9,565,000 | -322,000 | 24,569,000 | -1,837,000 | 31,062,000 | 7,076,000 | 18,594,000 | 12,792,000 | 27,941,000 | 16,390,000 | 20,687,000 | 129,750,084 |
cash flows from investing activities: | |||||||||||||||
acquisition of property and equipment | -16,063,000 | -12,966,000 | -14,735,000 | -16,111,000 | -15,706,000 | -15,127,000 | -12,490,000 | -15,381,000 | -14,452,000 | -15,131,000 | -12,416,000 | -13,927,000 | -15,525,000 | -13,257,000 | |
net cash from investing activities | -16,063,000 | -12,966,000 | -14,735,000 | -16,111,000 | -15,706,000 | -15,127,000 | -12,622,000 | -30,287,000 | -14,452,000 | -15,131,000 | -12,416,000 | -13,927,000 | -15,525,000 | -13,257,000 | |
cash flows from financing activities: | |||||||||||||||
proceeds from issuance of debt | 628,400,000 | 0 | 0 | 1,040,872,000 | |||||||||||
debt refinancing costs | -876,000 | -364,000 | -3,853,000 | -35,343,000 | |||||||||||
payment of debt | -6,504,000 | ||||||||||||||
payment of taxes associated with equity-based compensation | -28,000 | ||||||||||||||
net cash from financing activities | -7,408,000 | 604,238,000 | -6,769,000 | -8,752,000 | -12,547,000 | -2,352,000 | -19,092,000 | -29,502,000 | -5,272,000 | -3,837,000 | -16,931,000 | -24,535,000 | -47,000 | -5,714,000 | -178,923,000 |
effects of exchange rates fluctuations | -4,578,000 | -244,000 | -1,857,000 | 14,024,000 | 6,238,000 | -11,301,000 | 9,217,000 | 842,000 | -3,918,000 | ||||||
net change in cash, cash equivalents and restricted cash | 11,983,000 | ||||||||||||||
cash, cash equivalents and restricted cash – beginning of period | 725,307,000 | 0 | 0 | 125,304,000 | 0 | 0 | 140,850,000 | 0 | 0 | 102,394,000 | |||||
cash, cash equivalents and restricted cash – end of period | 737,290,000 | -741,000 | -4,293,000 | 118,673,000 | -11,844,000 | -12,504,000 | 138,736,000 | -7,786,000 | 4,304,000 | 121,278,000 | |||||
supplemental disclosures: | |||||||||||||||
interest paid | 26,277,000 | 45,137,000 | |||||||||||||
income taxes paid, including foreign taxes withheld | 7,100,000 | 11,893,000 | |||||||||||||
net income | -90,870,000 | 21,618,000 | -34,359,000 | -102,572,000 | 24,723,000 | -2,527,000 | 3,689,000 | 13,587,000 | -4,277,000 | 3,203,000 | -23,329,000 | -103,064,107 | |||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||
depreciation | 15,059,000 | 14,879,000 | 14,689,000 | 14,360,000 | 14,025,000 | 13,786,000 | 13,540,000 | 13,023,000 | 12,276,000 | ||||||
amortization | 590,000 | 590,000 | 592,000 | 534,000 | 2,304,000 | 7,298,000 | 7,260,000 | 7,207,000 | 7,969,000 | ||||||
foreign currency losses (gain) on foreign denominated debt | |||||||||||||||
impairment of equity method investment | |||||||||||||||
debt and refinance issuance transaction costs | |||||||||||||||
non-cash fair value adjustment for swaps and foreign currency exchange contracts | 2,526,000 | 2,322,000 | 640,000 | 2,085,000 | |||||||||||
non cash operating lease costs | 1,878,000 | 335,000 | |||||||||||||
loss on extinguishment of debt | 0 | ||||||||||||||
acquisition of a business, net of cash acquired | 0 | -132,000 | |||||||||||||
debt issuance and refinance costs | |||||||||||||||
proceeds from common stock issuance | 2,379,000 | 0 | 1,684,000 | 938,000 | 3,235,000 | 2,021,000 | 1,869,000 | 8,283,000 | 2,259,000 | 2,639,000 | |||||
cash paid for settlement of employee taxes related to exercise of equity-based awards | -3,106,000 | -2,614,000 | |||||||||||||
cash paid for equity issuance costs | 0 | 0 | -64,000 | -86,000 | -2,916,000 | ||||||||||
net increase in cash, cash equivalents and restricted cash | 611,668,000 | 10,916,000 | -11,844,000 | -12,504,000 | -2,114,000 | 23,054,000 | -7,786,000 | 4,304,000 | 18,884,000 | ||||||
cash, cash equivalents and restricted cash - beginning of period | |||||||||||||||
cash, cash equivalents and restricted cash - end of period | |||||||||||||||
foreign currency loss on foreign denominated debt | |||||||||||||||
non-cash fair value adjustment for swaps | |||||||||||||||
prepayment and repayments of debt | |||||||||||||||
cash paid for settlement of employee taxes related to equity-based awards | -30,000 | -133,000 | -2,492,000 | ||||||||||||
foreign currency gain (losses) on foreign denominated debt | 38,811,000 | 18,330,000 | |||||||||||||
prepayment of debt | -6,202,000 | -1,018,076,000 | -2,600,000 | -20,000,000 | |||||||||||
net decrease in cash, cash equivalents and restricted cash | -4,293,000 | -6,631,000 | |||||||||||||
foreign currency (losses) gain on foreign denominated debt | |||||||||||||||
non-cash fair value adjustment for common stock warrants | |||||||||||||||
impairment of right of use assets | 0 | ||||||||||||||
transaction costs allocated to common stock warrants | |||||||||||||||
non-cash fair value adjustment of contingent consideration | |||||||||||||||
purchase of a minority investment | 0 | ||||||||||||||
payment of contingent consideration | 0 | ||||||||||||||
payment of redeemable preferred stock | 0 | ||||||||||||||
cash contributions from business combination | 0 | ||||||||||||||
debt issuance costs | -1,436,000 | 0 | -4,000 | -2,201,000 | |||||||||||
proceeds from option and warrant exercises | |||||||||||||||
redemption of warrants for cash | |||||||||||||||
unrealized exchange gains on foreign denominated debt | 19,159,000 | -3,420,000 | -11,708,000 | 20,029,000 | 37,647,000 | ||||||||||
non-cash fair value adjustment for swaps - net | 0 | 0 | 1,459,000 | ||||||||||||
repayment of debt | -2,600,000 | -2,600,000 | -22,600,000 | -22,600,000 | -2,600,000 | -2,600,000 | |||||||||
other investing activities | |||||||||||||||
cash paid for debt issuance costs | 0 | 0 | |||||||||||||
effects of exchange rate fluctuations | 8,297,000 | -3,647,000 | 898,000 | 2,541,000 | 11,019,000 | ||||||||||
changes in current assets and liabilities: | |||||||||||||||
unrealized exchange loss (gains) on foreign denominated debt | -424,000 | 9,489,000 | |||||||||||||
non-cash fair value adjustment for warrant liabilties — net | |||||||||||||||
restructuring | |||||||||||||||
non-cash fair value adjustment for swaps and foreign currency exchange contracts — net | |||||||||||||||
transaction cost allocated to common stock warrants | 37,000 | ||||||||||||||
cash paid for settlement of employee taxes related to option exercises | 0 | ||||||||||||||
proceeds from option and warrant exercise | |||||||||||||||
change in fair value of derivative liabilities | |||||||||||||||
merger expenses paid by sponsor in exchange for working capital loan | |||||||||||||||
unrealized gain on investments held in trust account | |||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||
prepaid expenses | |||||||||||||||
accrued expenses - related party | |||||||||||||||
non-current accounts payable and accrued expenses | |||||||||||||||
| |||||||||||||||
proceeds from working capital loan | |||||||||||||||
net change in cash | |||||||||||||||
cash - beginning of the period | |||||||||||||||
cash - end of the period | |||||||||||||||
● |
