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华纳音乐Warner Music Group(WMG)2025财年第二季度业绩报告「NASDAQ」(英文版)(16页).pdf

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1、WARNER MUSIC GROUP CORP.REPORTS RESULTS FOR FISCAL SECOND QUARTER ENDED MARCH 31,2025Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track,With Reinvestment Initiatives AcceleratingYear-to-Date Operating Cash Flow and Free

2、Cash Flow Increased by 53%and 59%,RespectivelyFor the three months ended March 31,2025Total revenue decreased 1%,or increased 1%in constant currencyNet income decreased 63%to$36 million versus$96 million in the prior-year quarterOperating income increased 41%to$168 million versus$119 million in the

3、prior-year quarterAdjusted OIBDA decreased 3%to$303 million,versus$312 million in the prior-year quarter,or 1%in constant currencyCash provided by operating activities increased to$69 million from cash used in operating activities of$31 million in the prior-year quarterNEW YORK,New York,May 8,2025Wa

4、rner Music Group Corp.today announced its second-quarter financial results for the period ended March 31,2025.“Our strategy is starting to bear fruit,with our strongest chart presence in two years,translating to expanding new release market share in the US.As a result,our true strength this quarter

5、was partially obscured by challenging comparisons with last years outperformance.As we replicate our strategy across other labels and geographies,and drive a virtuous cycle of greater reinvestment,well deliver lasting value for artists and songwriters,and sustained growth and profitability for share

6、holders,”said Robert Kyncl,CEO of Warner Music Group.1Total WMGTotal WMG Summary Results(dollars in millions)For the Three Months Ended March 31,2025For the Three Months Ended March 31,2024%ChangeFor the Six Months Ended March 31,2025For the Six Months Ended March 31,2024%Change(unaudited)(unaudited

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- **业绩概览**:Warner Music Group Corp.(WMG)在截至2025年3月31日的第二季度中,总营收下降1%,但调整后息税折旧摊销前利润(Adjusted OIBDA)下降3%至3.03亿美元。 - **收入增长**:音乐出版收入增长1%,而录音音乐收入下降1%。数字收入下降0.8%,但音乐出版数字收入持平。 - **盈利能力**:净收入下降63%至3600万美元,而运营收入增长41%至1.68亿美元。 - **现金流**:经营活动产生的现金流量增加至6900万美元,而自由现金流增加至3300万美元。 - **战略重组**:战略重组计划节省了成本,部分资金已重新投资于公司业务。 - **债务**:截至2025年3月31日,公司总债务为42.92亿美元,净债务为36.55亿美元。
华纳音乐收入增长,盈利能力如何?" 成本节约与再投资策略成效显著?" 数字音乐收入下滑,转型之路几何?"
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