v3.25.1
ACQUISITION OF WWE (Tables)
 12 Months Ended
Dec. 31, 2024
ACQUISITION OF WWE [Abstract]  
Schedule of Preliminary Allocation of Purchase Price

A summary of the final purchase price allocation is as follows:

 

Cash and cash equivalents

 

$

381,153

 

Accounts receivable

 

 

105,237

 

Other current assets

 

 

89,256

 

Property, buildings and equipment

 

 

398,004

 

Intangible assets

 

 

 

Trademarks and trade names

 

 

2,188,200

 

Customer relationships

 

 

900,500

 

Other

 

 

128,300

 

Goodwill

 

 

5,063,067

 

Finance lease right of use assets

 

 

257,359

 

Operating lease right of use assets

 

 

12,337

 

Investments

 

 

12,007

 

Other assets

 

 

25,928

 

Deferred tax liabilities

 

 

(379,601

)

Accounts payable and accrued liabilities

 

 

(124,280

)

Current portion of long-term debt

 

 

(16,934

)

Deferred revenue

 

 

(54,190

)

Finance lease liabilities

 

 

(255,940

)

Operating lease liabilities

 

 

(12,224

)

Other long-term liabilities

 

 

(2,527

)

Additional paid-in-capital (1)

 

 

(283,591

)

Net assets acquired

 

$

8,432,061

 
(1) The additional paid-in-capital amount represents incremental goodwill related to deferred tax liabilities recorded at TKO’s parent company in connection with the acquisition of WWE.
Schedule of Supplemental Financial Information of Acquiree

Revenue

 

$

382,767

 

Net loss

 

$

(73,279

)
Schedule of Supplemental Pro Forma Financial Information

 

Year Ended December 31,

 

 

2023

 

 

2022

 

Pro forma revenue

 

$

4,168,395

 

 

$

3,965,557

 

Pro forma net income

 

 

208,802

 

 

 

31,167