Endeavor Reports Strong Q4 Growth in Representation as It Prepares to Go Private

The company posted a net loss of $237.2 million while its representation segment, led by WME, saw revenue rise 17% year-over-year.

Endeavor's Q4 2024 revenue reached $1.6 billion, with adjusted EBITDA of $277.1 million, but the company reported a widened net loss of $237.2 million.
The representation segment, driven by WME's growth in talent, music, and sports, recorded a 17% revenue increase to $501.6 million for the quarter and $1.69 billion for the year.
Endeavor is set to go private in a $13 billion deal with majority owner Silver Lake, expected to close by the end of Q1 2025.
The company is divesting assets, including IMG, On Location, and Professional Bull Riders, to TKO Group Holdings in a $3.25 billion transaction, while retaining a 61% stake in TKO.
Endeavor's total debt increased to $5.67 billion, despite a $200 million rise in cash on hand to $1.2 billion by the end of 2024.