Bowlero Corp
For the period ended Dec 31, 2023. Filed Feb 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 5, 2024
LUCK$3.76-1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations (unaudited)
Condensed Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| December 31,2023 | January 1,2023 | December 31,2023 | January 1,2023 | |
| Revenues | $305,671 | $273,385 | $533,076 | $503,645 |
| Costs of revenues | 215,090 | 179,706 | 398,011 | 344,908 |
| Gross profit | 90,581 | 93,679 | 135,065 | 158,737 |
| Operating expenses: | ||||
| Selling, general and administrative expenses | 37,512 | 34,452 | 75,277 | 66,946 |
| Asset impairment | 29 | — | 55 | 84 |
| Loss (gain) on sale of assets | 21 | (1,823) | (6) | (1,978) |
| Other operating expense | 3,542 | 614 | 4,906 | 1,976 |
| Total operating expense | 41,104 | 33,243 | 80,232 | 67,028 |
| Operating profit | 49,477 | 60,436 | 54,833 | 91,709 |
| Other expenses: | ||||
| Interest expense, net | 46,236 | 27,379 | 83,685 | 50,949 |
| Change in fair value of earnout liability | 64,091 | 30,776 | 23,409 | 71,536 |
| Other expense (income) | 10 | (678) | 63 | (630) |
| Total other expense | 110,337 | 57,477 | 107,157 | 121,855 |
| (Loss) income before income tax expense (benefit) | (60,860) | 2,959 | (52,324) | (30,146) |
| Income tax expense (benefit) | 2,609 | 1,524 | (7,074) | 1,953 |
| Net (loss) income | (63,469) | 1,435 | (45,250) | (32,099) |
| Series A preferred stock dividends | (1,963) | (2,802) | (3,925) | (5,603) |
| Net loss attributable to common stockholders | $(65,432) | $(1,367) | $(49,175) | $(37,702) |
| Net loss per share attributable to Class A and B common stockholders | ||||
| Basic & Diluted | $(0.44) | $(0.01) | $(0.32) | $(0.23) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders | ||||
| Basic & Diluted | 149,805,531 | 162,478,147 | 155,367,461 | 162,665,041 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.