$Endeavor Group (EDR.US)$Listed in 2021, revenue increased c...
$Endeavor Group (EDR.US)$Listed in 2021, revenue increased continuously for 2 years after listing, and increased 3.8% in 2022. Operating profit reversed losses of 580 million in 2022, mainly as a result of a sharp drop in costs, and net profit reached 322 million in 2022.
In 2023Q1, revenue increased by 8.4%, and operating profit fell 21%, mainly due to a sharp increase in sales and management expenses, and net profit fell sharply by 93%. Currently, the price-earnings ratio is 51.5, and the price-earnings ratio TTM has already entered the loss range. We can wait for a few more quarters.
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