Post a Comment On: Indeed Wrestling

I've been assembling WWF/WWE Financials to provide more comprehensive looks.

Pure WWF/WWE Financials 1994-2013
START5/1/19945/1/19955/1/19965/1/19975/1/1998 END 4/30/1995 4/30/1996 4/30/1997 4/30/1998 4/30/1999 FISCAL YEAR FY1995 FY1996 FY1997 FY1998 FY1999 PPV EVENTS 5 12 12 12 12 PPV BUYS 1,868,900 2,831,700 2,252,200 2,936,100 5,365,100 REVENUE $87.35 $85.82 $81.86 $126.23 $250.34 Net income (loss) $(4.43) $3.20 $(6.51) $8.47 $56.03 EBIDTA
$7.71-($4.96)$12.15$58.93 ATTENDANCE 1,163,259 931,954 1,060,740 1,576,112 2,273,701 EVENTS 347 247 199 218 199
START5/1/19995/1/20005/1/20015/1/20025/1/2003 END 4/30/2000 4/30/2001 4/30/2002 4/30/2003 4/30/2004 FISCAL YEAR FY2000 FY2001 FY2002 FY2003 FY2004 EVENTS 12 12 12 12 12 PPV BUYS 6,884,600 8,010,400 7,135,464 5,378,100 5,604,000 REVENUE $377.90 $438.14 $409.62 $374.30 $374.91 Profit Contribution $158.34 $188.86 $158.50 $136.90 $167.80 Net income (loss) 
including XFL and
the World $58.91 
$15.99


$42.23


-$(19.20)

$48.2  Net income (loss) 
excluding XFL and
the World $59.58  $62.90 $37.60  $16.1 $49.6   EBIDTA $87.24 $92.92 $55.23 $37.6 $85.9 Attendance 2,485,100 2,449,8002,032,7541,815,1001,647,900 Events 206 212237327329 Profit Contribution % 41.9% 43.1%38.7%36.6%44.8% EBIDTA % 23.1% 21.1%13.5%10.0%22.9%

START5/1/20045/1/20051/1/20061/1/20071/1/2008 END 4/30/2005 4/30/2006 12/31/2006 12/31/2007 12/31/2008 FISCAL YEAR FY2005 FY2006 CY2006 CY2007 CY2008 PPV EVENTS 14 16 16 15 14 PPV BUYS 5,280,800 6,241,100 5,744,000 5,218,000 5,034,400 REVENUE $366.43 $400.05 $415.30 $485.66 $526.46 Profit Contribution $153.10 $172.90 $170.40 $186.90 $214.70 Net income (loss) $39.10 $47.05 $48.80 $52.14 $45.42 EBIDTA $62.20 $81.00 $74.30 $77.80 $83.40 ATTENDANCE 1,617,430 1,713,840 1,975,500 2,115,300 2,203,300 EVENTS 325 300 308 308 319 Profit Contribution % 41.8% 43.2% 41.0% 38.5% 40.8% EBIDTA % 17.0% 20.2% 17.9% 16.0% 15.8%
START1/1/20091/1/20101/1/20111/1/20121/1/2013 END 12/31/2009 12/31/2010 12/31/2011 12/31/2012 12/31/2013 FISCAL YEAR CY2009 CY2010 CY2011 CY2012 CY2013 EVENTS 14 13 13 12 12 PPV BUYS 4,490,200 3,631,100 3,842,100 4,023,000 3,838,000 REVENUE $475.16 $477.60 $483.90 $484.00 $508.00 Profit Contribution $219.30 $203.40 $168.70 $199.60
Net income (loss) $50.30 $53.50 $24.80 $31.40 $2.80 EBIDTA $91.60 $94.00 $52.00 $63.20 $30.40 ATTENDANCE 2,383,800 2,155,700 1,976,500 1,854,100 1,919,500 EVENTS 342 327 321 314 321 Profit Contribution % 46.2% 42.6% 34.9% 41.2%
EBIDTA % 19.3% 19.7% 10.7% 13.1% 6.0%
Notes:
Information was pulled from a combination of SEC filings, Trending Schedules and WWE Investor Presentations Note that while all periods are 12 months, 2006 is represented twice - a FY2006 (May 2005-April 2006) and a CY2006 (Jan 2006-Dec 2006) In 2013 the company switched from EBITDA to OIBDA but retained the same calculation. Profit Contribution was not listed on the 2013 Trending Schedule. Various charges  XFL and The World: $1.4M (FY2004), $35.6M (FY2003), $0.3M (FY2002), $48.5M (FY2001), $0.7M (FY2000) Hotel/Casino: bought $10.9M (FY1999), sold $11.3M (FY2000) WWE Studios: $11.7M (CY2013), $1.3M (CY2012), $23.4M (CY2011), $1.9M (CY2008), $15.7M (CY2007) Reversal of accrued licensing agent commissions: -$7.9M (FY2004) Legal Settlements: $7.0M (FY2001), $6.2M (FY2003), -$5.9M (FY2004) Early Termination of Office Space Lease: $0.7M (FY2003) On the 2/20/14 Conference Call, CFO George Barrios noted that WWE had spent about $12M on WWE Network development in 2013 which along with the film impairment charges is likely what drove the major dip in EBITDA/OIBDA and Net Income in 2013. Revenue Streams by Segment
START5/1/19995/1/20005/1/20015/1/20025/1/2003 END 4/30/2000 4/30/2001 4/30/2002 4/30/2003 4/30/2004 FISCAL YEAR FY2000 FY2001 FY2002 FY2003 FY2004 PPV $106.40 $128.20 $112.00 $91.10 $95.30 Live Events $68.90 $82.00 $74.50 $72.90 $70.20 TV Rights $12.10 $35.30 $53.30 $58.50 $71.00 Advertising $77.90 $90.20 $83.70 $72.90 $59.50 Licensing + Other $43.70 $37.40 $24.40 $22.50 $22.60 Home Entertainment $20.00 $12.20 $13.60 $13.80 $21.40 Merchandise $21.50 $22.00 $26.20 $22.50 $18.60 Publishing $16.20 $18.40 $17.60 $15.20 $10.70 WWE.com $11.10 $12.50 $4.40 $4.90 $5.60
START5/1/20045/1/20051/1/20061/1/20071/1/2008 END 4/30/2005 4/30/2006 12/31/2006 12/31/2007 12/31/2008 FISCAL YEAR FY2005 FY2006 CY2006 CY2007 CY2008 PPV $85.50 $94.80 $93.60 $94.30 $91.40 Live Events $78.70 $75.00 $83.70 $99.30 $105.70 TV Rights $78.00 $81.50 $85.50 $92.40 $100.70 Advertising $43.70 $22.60 $7.40 $5.90 $7.40 Licensing + Other $21.60 $32.70 $32.70 $47.90 $61.80 Home Entertainment $20.10 $42.60 $49.90 $53.70 $58.50 Merchandise $18.00 $27.90 $35.50 $37.70 $37.00 Publishing $12.20 $11.10 $12.40 $16.50 $15.40 WWE.com $7.80 $9.70 $11.00 $16.20 $16.30 WWE Studios $0.00 $0.00 $0.00 $16.00 $24.50 WWE 24/7 $0.80 $2.20 $3.60 $5.80 $7.80
START1/1/20091/1/20101/1/20111/1/20121/1/2013 END 12/31/2009 12/31/2010 12/31/2011 12/31/2012 12/31/2013 FISCAL YEAR CY2009 CY2010 CY2011 CY2012 CY2013 PPV $80.00 $70.20 $78.30 $83.60 $82.50 Live Events $108.80 $104.60 $104.70 $103.70 $111.50 TV Rights $111.90 $127.00 $131.50 $139.50 $160.90 Advertising $7.70 $5.90 $1.10 $1.40 $2.50 Licensing + Other $46.80 $54.30 $56.80 $48.80 $46.40 Home Entertainment $39.40 $32.10 $30.40 $33.00 $24.30 Merchandise $35.80 $32.40 $33.90 $33.60 $34.90 Publishing $13.50 $11.00 $7.70 $6.00 $5.70 WWE.com $16.80 $14.90 $12.50 $19.70 $23.00 WWE Studios $7.70 $19.60 $20.90 $7.90 $10.80 WWE COD $6.80 $5.60 $6.10 $6.80 $5.50
Notes: Information was pulled from a combination of SEC filings, Trending Schedules and WWE Investor Presentations Note that while all periods are 12 months, 2006 is represented twice - a FY2006 (May 2005-April 2006) and a CY2006 (Jan 2006-Dec 2006) I would recommend looking at TV Rights+Advertising together.  TV Rights represent both domestic and international TV Rights deals. Merchandise is a combination of Venue Merchandise and WWEShop and Catalog Sales Licensing + Other is Licensing plus Consumer Products Other WWE 24/7 is really the Live and Televised Entertainment Other category (which included WWE Classics on Demand, fka WWE 24/7) Please feel free to use these numbers for your own analysis and articles! 
It would be kind that if should you choose to use these numbers as a "source of truth", please link back to this page.  I've tried my best to verify the numbers, and where there were changes, use the latest version of the data.  I will try to post corrections and additional information here in the future.
-Chris Harrington twitter: @mookieghana email: chris.harrington@gmail.com