Bowlero Corp
For the period ended Jun 30, 2024. Filed Sep 5, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Sep 5, 2024
LUCK$3.40-9.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations for the years ended
Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
| Fiscal Year Ended | |||
|---|---|---|---|
| June 30,2024 | July 2,2023 | July 3,2022 | |
| Revenues | $1,154,614 | $1,058,790 | $911,705 |
| Costs of revenues | 840,435 | 716,384 | 609,971 |
| Gross profit | 314,179 | 342,406 | 301,734 |
| Operating expenses: | |||
| Selling, general and administrative expenses | 155,203 | 137,919 | 180,702 |
| Asset impairment | 60,211 | 1,601 | 1,548 |
| Loss (gain) on sale of assets | 1,222 | (2,240) | (4,109) |
| Other operating expense | 5,953 | 4,326 | 6,968 |
| Total operating expense | 222,589 | 141,606 | 185,109 |
| Operating profit | 91,590 | 200,800 | 116,625 |
| Other expenses: | |||
| Interest expense, net | 177,611 | 110,851 | 94,460 |
| Change in fair value of earnout liability | 25,456 | 85,352 | 25,800 |
| Change in fair value of warrant liability | — | — | 26,840 |
| Other expense | 76 | 6,792 | 149 |
| Total other expense | 203,143 | 202,995 | 147,249 |
| Loss before income tax benefit | (111,553) | (2,195) | (30,624) |
| Income tax benefit | (27,972) | (84,243) | (690) |
| Net (loss) income | (83,581) | 82,048 | (29,934) |
| Series A preferred stock dividends | (8,674) | (23,831) | (10,233) |
| Earnings allocated to Series A preferred stock | — | (4,881) | — |
| Net (loss) income attributable to common stockholders | $(92,255) | $53,336 | $(40,167) |
| Net (loss) income per share attributable to Class A and B common stockholders | |||
| Basic | $(0.61) | $0.32 | $(0.26) |
| Diluted | $(0.61) | $0.30 | $(0.26) |
| Weighted-average shares used in computing net (loss) income per share attributable to common stockholders | |||
| Basic | 151,339,634 | 165,508,879 | 155,837,154 |
| Diluted | 151,339,634 | 175,821,396 | 155,837,154 |
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