Financial Snapshot

Revenue
$1.088B
TTM
Gross Margin
25.07%
TTM
Net Earnings
$105.0M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
62.34%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$49.85M
Q2 2024
Cash
Q2 2024
P/E
16.71
Sep 13, 2024 EST
Free Cash Flow
-$60.18M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.155B $1.059B $911.7M $395.2M $520.4M $672.2M $672.2M
YoY Change 9.05% 16.13% 130.67% -24.06% -22.58% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.155B $1.059B $911.7M $395.2M $520.4M $672.2M $672.2M
Cost Of Revenue $840.4M $716.4M $610.0M $374.3M $443.3M $515.1M $515.1M
Gross Profit $314.2M $342.4M $301.7M $20.98M $77.17M $157.1M $157.1M
Gross Profit Margin 27.21% 32.34% 33.1% 5.31% 14.83% 23.37% 23.37%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $155.2M $137.9M $180.7M $78.34M $84.10M $97.25M $97.25M
YoY Change 12.53% -23.68% 130.68% -6.86% -13.52% 0.0%
% of Gross Profit 49.4% 40.28% 59.89% 373.4% 108.99% 61.9% 61.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $145.4M $109.4M $107.0M $91.85M $89.23M $92.01M $92.01M
YoY Change 32.87% 2.29% 16.45% 2.93% -3.02% 0.0%
% of Gross Profit 46.27% 31.95% 35.45% 437.82% 115.64% 58.57% 58.57%
Operating Expenses $222.6M $141.6M $185.1M $79.69M $84.54M $93.17M $93.17M
YoY Change 57.19% -23.5% 132.29% -5.74% -9.27% 0.0%
Operating Profit $91.59M $200.8M $116.6M -$58.71M -$7.372M $63.93M $63.93M
YoY Change -54.39% 72.18% -298.65% 696.39% -111.53% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense -$177.6M -$112.2M -$94.46M -$88.63M -$77.11M -$60.93M -$60.93M
YoY Change 58.36% 18.74% 6.57% 14.94% 26.55% 0.0%
% of Operating Profit -193.92% -55.86% -80.99% -95.31% -95.31%
Other Income/Expense, Net -$203.1M -$203.0M -$147.2M -$88.86M
YoY Change 0.07% 37.86% 65.71%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$111.6M -$2.195M -$30.62M -$127.5M -$82.63M -$3.281M -$3.281M
YoY Change 4982.14% -92.83% -75.98% 54.3% 2418.41% 0.0%
Income Tax -$27.97M -$84.24M -$690.0K -$1.035M $8.263M $1.795M $1.795M
% Of Pretax Income
Net Earnings -$83.58M $82.05M -$29.93M -$126.5M -$90.89M -$5.076M -$5.076M
YoY Change -201.87% -374.1% -76.33% 39.13% 1690.62% 0.0%
Net Earnings / Revenue -7.24% 7.75% -3.28% -32.0% -17.46% -0.76% -0.76%
Basic Earnings Per Share -$0.61 $0.32 -$0.26 -$0.92
Diluted Earnings Per Share -$0.61 $0.30 -$0.26 -$764.7K -$549.6K -$30.69K -$30.69K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $66.97M $195.6M $132.2M $187.1M $140.7M $114.2M $114.2M
YoY Change -65.77% 47.94% -29.32% 32.97% 23.22% 0.0%
Cash & Equivalents $66.97M $195.6M $132.2M $187.1M $140.7M $114.2M $114.2M
Short-Term Investments
Other Short-Term Assets $27.06M $20.46M $21.52M $8.742M $9.010M $12.66M $12.66M
YoY Change 32.24% -4.91% 146.18% -2.97% -28.85% 0.0%
Inventory $13.17M $11.47M $10.31M $8.310M $8.167M $8.083M $8.083M
Prepaid Expenses
Receivables $6.757M $3.092M $5.227M $3.300M $3.758M $2.161M $2.161M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $114.0M $230.7M $169.3M $207.4M $161.6M $137.1M $137.1M
YoY Change -50.59% 36.25% -18.39% 28.34% 17.9% 0.0%
Property, Plant & Equipment $1.971B $1.662B $797.4M $709.3M $745.0M $710.9M $710.9M
YoY Change 18.59% 108.46% 12.42% -4.79% 4.8% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.230M $1.217M $1.222M $1.222M
YoY Change 1.07% -0.41% 0.0%
Other Assets $147.8M $85.90M $41.02M $42.04M $41.89M $47.66M $47.66M
YoY Change 72.1% 109.41% -2.42% 0.35% -12.09% 0.0%
Total Long-Term Assets $3.000B $2.611B $1.685B $1.575B $1.615B $1.662B $1.662B
YoY Change 14.92% 54.92% 7.01% -2.48% -2.84% 0.0%
Total Assets $3.114B $2.841B $1.854B $1.782B $1.776B $1.799B $1.799B
YoY Change
Accounts Payable $67.42M $68.69M $38.22M $29.49M $16.95M $27.55M $27.55M
YoY Change -1.85% 79.74% 29.6% 73.94% -38.47% 0.0%
Accrued Expenses $61.18M $52.52M $27.81M $27.92M $16.91M $27.68M $27.68M
YoY Change 16.5% 88.82% -0.37% 65.1% -38.91% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.163M $12.63M $4.966M $5.058M $5.260M $4.437M $4.437M
YoY Change -27.47% 154.41% -1.82% -3.84% 18.55% 0.0%
Total Short-Term Liabilities $182.8M $168.7M $119.2M $107.4M $71.38M $86.60M $86.60M
YoY Change 8.35% 41.58% 10.98% 50.44% -17.58% 0.0%
Long-Term Debt $2.251B $1.800B $1.263B $1.245B $1.192B $1.039B $1.039B
YoY Change 25.02% 42.56% 1.41% 4.43% 14.74% 0.0%
Other Long-Term Liabilities $726.0M $568.7M $265.4M $87.75M $56.12M $42.20M $42.20M
YoY Change 27.66% 114.31% 202.42% 56.36% 32.99% 0.0%
Total Long-Term Liabilities $2.977B $2.369B $1.528B $1.333B $1.248B $1.081B $1.081B
YoY Change 25.66% 55.02% 14.64% 6.77% 15.45% 0.0%
Total Liabilities $3.164B $2.542B $1.662B $1.452B $1.333B $1.176B $1.176B
YoY Change 24.48% 52.92% 14.46% 8.97% 13.32% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 151.3M shares 165.5M shares 155.8M shares 146.8M shares
Diluted Shares Outstanding 151.3M shares 175.8M shares 155.8M shares 146.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $1.7547 Billion

About Bowlero Corp

Bowlero Corp. engages in operating bowling centers. The company is headquartered in Mechanicsville, Virginia and currently employs 3,289 full-time employees. The company went IPO on 2021-04-23. The firm operates traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food, and beverage offerings. The firm also provides customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The firm serves through various brand, such as Bowlero, Bowlmor Lanes, and AMF. The Bowlero branded centers offer an upscale entertainment concept with lounge seating, enhanced food and beverage offerings, and customer service for individual and group events. The AMF centers are traditional bowling centers in an updated format. The firm operates approximately 345 bowling centers across North America in United States, Mexico and Canada. The firm's subsidiary is AMF Bowling Centers, Inc.

Industry: Services-Amusement & Recreation Services Peers: CEDAR FAIR L P F45 Training Holdings Inc Vail Resorts Inc Life Time Group Holdings Inc Planet Fitness Inc RCI Hospitality Holdings Inc Six Flags Entertainment Corp/OLD United Parks & Resorts Inc Xponential Fitness Inc