$Endeavor Group (EDR.US)$Listed in 2021, the revenue has con...
$Endeavor Group (EDR.US)$Listed in 2021, the revenue has continued to grow for 2 years after listing, with a 3.8% growth in 2022. The operating profit reached 0.58 billion in 2022, mainly due to a significant cost reduction, and the net income reached 0.322 billion in 2022.
In Q1 2023, the revenue increased by 8.4%, while the operating profit declined by 21%, mainly due to a substantial increase in sales and administrative expenses, leading to a significant 93% decline in net income. The current PE ratio is 51.5, and the TTM PE ratio has entered a loss range. It may be advisable to observe for a few more quarters.
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