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UFC parent company Endeavor submits its records to go public



The parent company of the UFC goes public.

According to a report by The Hollywood Reporter, entertainment conglomerate Edeavor (EDR) filed a filing with the Securities and Exchange Commission on Thursday afternoon.

According to a form on the SEC's web site, the company led by Ari Emanuel and Patrick Whitesell achieved sales of $ 3.61 billion in 2018, with adjusted net income of $ 100.1 million. The report also indicated that Endeavor's revenue increased dramatically between December 2016 and 2017, "mainly due to the impact of the UFC acquisition, increased media rights revenues, and a higher number of events and increased sponsorship activities at these events."

In addition, some potential risks have been outlined, including the possibility of being "sued for alleged long-term neurocognitive impairment due to concussion" as well as collective bargaining:

"Efforts have also been made by MMA athletes participating in UFC events Discontinuation of work at one or more of our venues or at events promoted by us may adversely affect our business, financial and earnings performance and we can not predict the potential impact of a possible disruption on our workforce

It should also be noted that the form contained the current class action lawsuits against the UFC:

"UFC is currently being named in five related group classes, but has filed a lawsuit for violating Section 2 of the Sherman Antitrust Ac t from 1890 by monopolizing the alleged market for professional elite MMA athlete services. Failure to resolve these issues positively may adversely affect our business, operating results and financial condition. "


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