Financial Performance - Fiscal 2024 revenues reached 959.3million,anincreaseof107.8 million or 13% compared to the prior year, exceeding the high-end of guidance range[1] - Fiscal 2024 operating income was 111.9million,up6.9 million or 7% year-over-year, and adjusted operating income was 211.5million,anincreaseof9.9 million or 5%[1][2] - In Q4 2024, revenues were 186.1million,a26147.9 million in Q4 2023, with an operating loss of 8.9millionimprovingby12.9 million[2][7] - Q4 2024 revenues from entertainment offerings were 142.9million,a20142.9 million, a 19% increase compared to 119.6millionintheprioryear[13]−NetincomeattributabletoMSGEntertainment′sstockholdersforthethreemonthsendedJune30,2024,was66.9 million, compared to a net loss of 24.5millioninthesameperiodof2023[13]−AdjustedoperatingincomeforthethreemonthsendedJune30,2024,was13.1 million, significantly up from 0.7millioninthesameperiodof2023[16]−Thecompanyreportedabasicearningspershareof1.42 for the three months ended June 30, 2024, compared to a loss of 0.47inthesameperiodof2023[13]GuestAttendanceandEvents−Thecompanyhostedapproximately6.3millionguestsatover960eventsduringfiscal2024,includingover1millionticketssoldfortheChristmasSpectacular[1]RevenueSources−Food,beverage,andmerchandiserevenuesinQ42024were34.7 million, up 11.2millionor488.5 million, a 75% increase due to more regular season games played[3] Expenses - Selling, general, and administrative expenses in Q4 2024 were 55.8million,anincreaseof3.1 million or 6% compared to the prior year[6] - Direct operating expenses associated with entertainment offerings in Q4 2024 were 99.7million,anincreaseof11.7 million or 13% year-over-year[3] - Direct operating expenses for entertainment offerings increased to 99.7million,upfrom88.0 million in the prior year[13] - The company incurred restructuring charges of 2.8millionforthethreemonthsendedJune30,2024,comparedto0.4 million in the same period of 2023[16] Cash Flow and Assets - Cash and cash equivalents decreased to 33.6millionasofJune30,2024,downfrom84.4 million a year earlier[17] - Total assets increased to 1.55billionasofJune30,2024,comparedto1.40 billion in the prior year[17] - Total liabilities rose to 1.58billionasofJune30,2024,upfrom1.47 billion in the same period of 2023[17] - Net cash provided by operating activities for the twelve months ended June 30, 2024, was 111.266million,adecreasefrom135.694 million in the previous period[19] - Net cash used in investing activities was (62.371)million,comparedto30.305 million in the prior year, indicating a significant increase in cash outflow[19] - Net cash used in financing activities totaled (99.695)million,animprovementfrom(144.217) million in the previous period[19] - The net decrease in cash, cash equivalents, and restricted cash for the period was (50.800)million,contrastingwithanincreaseof21.782 million in the prior year[19] - Cash, cash equivalents, and restricted cash at the beginning of the period were 84.355million,whiletheendoftheperiodbalancedroppedto33.555 million[19] Future Outlook - The company plans to generate robust adjusted operating income growth in fiscal 2025, leveraging its unique portfolio of live entertainment offerings[1]