AI Earnings Predictions for Falcon's Beyond Global Inc. (FBYD)

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EX-99.1

Exhibit 99.1

Falcon’s Beyond Reports Second Quarter 2026

Financial Results

Company Reports Consolidated Revenue of $5.6 Million for Q2

Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q2 revenue of $12.5 Million

Company's Unconsolidated Joint Venture, Producciones de Parques, generated Q2 revenue of $6.5 Million

Orlando, FL (August 13, 2026) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary entertainment and technology enterprise through its three complementary business divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Brands (“FBB”), and Falcon’s Beyond Destinations (“FBD”) reported financial results for the second quarter 2026.

Second Quarter 2026 Highlights

Revenue

Falcon's generated consolidated revenue of $5.6 million for the three months ended June 30, 2026, more than doubled compared to the prior period. Revenue for the quarter consisted of attraction services and product sales, management fees earned from Producciones de Parques, S.L. (“PDP”), the Company's 50:50 joint venture with Meliá Hotels International, and corporate and shared services fees earned from Falcon's Creative Group. Falcon's Attractions, established in mid-2025 with the acquisition of the assets of Oceaneering Entertainment Systems (“OES”), ended the quarter with a contracted pipeline of $28.4 million.

Equity Method Investments

Falcon's Creative Group

• FCG recorded revenue of $12.5 million for the three month period ended June 30, 2026, representing a $0.2 million increase over the same period of the prior year. FCG recorded operating income of $0.7 million and net income was $0.4 million. After the Qiddiya Investment Company's (“QIC”) preferred return and amortization of basis difference, Falcon’s share of net loss from FCG was $1.2 million. FCG had a contracted pipeline of $17.1 million as it closed out Q2 2026.

Producciones de Parques (“PDP”)

• PDP recognized $6.5 million in revenues for the three month period ended June 30, 2026, consistent with the same period of the prior year. Operating income and net income were $0.4 million. Falcon's share of net gain from PDP was $0.2 million.

Net Loss

Falcon's recorded a consolidated net loss of $0.3 million for the three month period ended June 30, 2026.

Adjusted EBITDA

Falcon's Beyond generated Adjusted EBITDA(1) loss of $5.2 million in the three month period ended June 30, 2026. Adjusted EBITDA for the quarter excludes the $4.0 million reversal of accrued transaction expenses that are no longer probable to be payable and the gain recognized on the partial liquidation of the Karnival joint venture.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure” below for more information and a reconciliation to the most directly comparable GAAP measure.

Other Business Highlights

“We are excited by the continued momentum in our Falcon's Attractions business which added its first major design and build contract to its pipeline in the second quarter. This is incremental to the robust spares and service business we have been building since the OES acquisition in mid-2025. We are very encouraged by the trajectory and confident in our ability to build on this success.” said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond.

About Falcon’s Beyond

Falcon’s Beyond is a visionary entertainment and technology enterprise at the forefront of the global experience economy. We design, develop, engineer, deliver, and commercialize immersive physical and digital experiences for leading brands, developers, and destination operators worldwide, as well as for our own portfolio of entertainment and technology concepts. Our business is built on an integrated experience platform that brings together creative development, proprietary technologies, advanced engineering, intellectual property, and operational execution to enable the repeatable creation, deployment, and scaling of entertainment experiences across multiple formats and locations globally. We operate through three complementary business divisions:

• Falcon's Creative Group, provides creative and advisory services including destination strategy, master planning, experiential and attraction design, digital media, interactive software, intellectual property development, and creative guardianship for entertainment and hospitality destinations.

• Falcon’s Beyond Brands, consisting of Falcon's Attractions and Falcon's Beyond Brands, encompasses a broad portfolio of intellectual property, proprietary technologies, and operating businesses that design, engineer, commercialize, and deploy entertainment systems, products, content, and experiences across physical and digital environments.

• Falcon’s Beyond Destinations, consisting of Producciones de Parques, S.L., a joint venture between Falcon’s and Meliá Hotels International, S.A.,

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Exhibit 99.1

Falcon’s Beyond Reports First Quarter 2026

Financial Results

Company Reports Consolidated Revenue of $5.4 Million for Q1

Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q1 revenue of $13.0 Million

Orlando, FL (May 14, 2026) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary entertainment and technology enterprise through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) reported financial results for the first quarter 2026.

First Quarter 2026 Highlights

Revenue

Revenue was $5.4 million, driven by attraction services and product sales generated from its Falcon's Attractions business and from shared services earned from its unconsolidated subsidiary, FCG.

Equity Method Investments

Falcon's Creative Group

• FCG revenue more than doubled to $13.0 million compared to the prior period due to timing and extent of project milestones.

• Operating income was $2.0 million and net income was $1.8 million. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s share of net income from FCG was $ 0.2 million.

• FCG had a contracted pipeline of $29.2 million as it closed out Q1 2026.

Producciones de Parques ("PDP")

• The PDP business is seasonal with the first quarters of the fiscal year representing periods in which the Mallorca property remains closed for the winter season.

• Operating loss was $1.2 million and net loss was $0.8 million. Falcon's share of net loss from PDP was $0.4 million.

Net Income

Consolidated net income increased $14.2 million to $6.1 million compared to $8.1 million consolidated net loss for the corresponding period. Results reflect growth of our Falcon's Attractions business, a $3.8 million improvement in the results from our equity method investments, and $11.1 million credit for the reversal of accrued transaction expenses related to the 2023 Business Combination, partially offset by the absence of a gain on revaluation of warrants in the comparative period.

Adjusted EBITDA

Falcon's Beyond generated Adjusted EBITDA(1) loss of $4.6 million compared to $8.1 million Adjusted EBITDA loss for the comparative period driven by the improvement in consolidated net income previously described.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure" below for more information and a reconciliation to the most directly comparable GAAP measure.

Other Business Highlights

On May 11, 2026, the Company entered into two Master Products and Services Agreements (the “VAI Agreements”) with VAI Amusement Park, LLC. Pursuant to the VAI Agreements, Falcon’s Attractions and its affiliates will provide the design, engineering, fabrication and installation of two separate dark ride vehicle systems. Each agreement is valued at approximately $9 million, with an aggregate value of approximately $18 million across both agreements. The VAI Agreements include milestone-based payment terms tied to the progress of these services, which are expected to occur over the respective project execution periods.

“We are extremely pleased with our continued progress this quarter as we accelerate execution across our core growth initiatives. Our strategic investments and the expansion of infrastructure and platform capabilities continue to reinforce our confidence in our long-term growth trajectory,” said Cecil D. Magpuri, Chief Executive Officer of Falcon’s Beyond.

About Falcon’s Beyond

Falcon’s Beyond is a visionary entertainment and technology enterprise at the forefront of the global experience economy. We design, develop, engineer, deliver, and commercialize immersive physical and digital experiences for leading brands, developers, and destination operators worldwide, as well as for our own portfolio of entertainment and technology concepts. Our business is built on an integrated experience platform that brings together creative development, proprietary technologies, advanced engineering, intellectual property, and operational execution to enable the repeatable creation, deployment, and scaling of entertainment experiences across multiple formats and locations globally. We operate through three complementary business divisions:

• Falcon's Creative Group, provides creative and advisory services including destination strategy, master planning, experiential and attraction design, digital media, interactive software, intellectual property development, and creative guardianship for entertainment and hospitality destinations.

• Falcon’s Beyond Brands, consisting of Falcon's Attractions and Falcon's Beyond Brands, encompasses a broad portfolio of intellectual property, proprietary technologies, and operating businesses that design, engineer, commercialize, and deploy entertainment systems, prod

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Exhibit 99.1

Falcon’s Beyond Reports Fourth Quarter and Full Year 2025

Financial Results

Company Reports Consolidated Revenue of $6.6 Million for Q4 and $14.9 Million

for the full year

Company's Unconsolidated Subsidiary, Falcon's Creative Group, generated Q4 revenue of $14.4 Million and $38.7 Million for the full year

Company's Unconsolidated Joint Venture, Producciones de Parques ("PDP"), generated Q4 revenue of $2.1 Million and full year revenue of $31.4 Million

Orlando, FL (March 30, 2026) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary entertainment and technology enterprise through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) today reported its financial results for the fourth quarter 2025 and fiscal year ended December 31, 2025.

Fourth Quarter 2025 Financial Results

Revenue:

• Falcon's Beyond reported fourth quarter revenue of $6.6 million from attraction services and product sales generated from its Falcon's Attractions business, and from shared services and management fees earned from its FCG and PDP joint ventures.

Equity Method Investments:

• FCG generated $14.4 million in revenue in the fourth quarter of 2025, representing a $5.0 million, or 53.5% increase over the corresponding period of 2024. FCG recorded operating income of $3.7 million and net income of $3.9 million in the fourth quarter of 2025. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net income from FCG was $2.1 million. FCG had a contracted pipeline of $41.6 million as it closed out 2025.

• PDP generated revenue of $2.1 million, loss from operations of $0.7 million and net loss of $0.2 million in the fourth quarter of 2025. The PDP business is seasonal with the fourth and first quarters of the fiscal year representing periods in which the Mallorca property closes for the winter season. Falcon's Beyond's share of net loss from PDP was $0.1 million for the fourth quarter of 2025.

Net Loss:

• Falcon’s Beyond reported a consolidated net loss of $0.3 million in the fourth quarter of 2025 compared with consolidated net loss of $11.9 million for the corresponding quarter of 2024. The reduction in loss was primarily driven by operating profits contributed by newly formed Falcon's Attractions segment in 2025 and an increase in profitability from the FCG segment.

Adjusted EBITDA:

• Falcon's Beyond generated Adjusted EBITDA(1) of $0.2 million compared to $12.0 million Adjusted EBITDA loss for the corresponding 2024 period. The increase in Adjusted EBITDA is primarily due to the improved performance of the FCG segment, the addition of the Falcons's Attractions segment in 2025, and a reduction in interest expense due to the capital restructuring that occurred in the second half of 2025.

Full Year 2025 Results

Revenue:

• Falcon's Beyond reported annual revenue of $14.9 million, a $8.2 million increase over the prior year reflecting revenues generated from the newly formed Falcon's Attractions business.

Equity Method Investments:

• FCG generated $38.7 million in revenue in 2025, representing a $14.5 million decrease over 2024, primarily driven by timing of projects. FCG recorded an operating loss of $0.1 million and net loss of $0.8 million in 2025. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $7.2 million.

• PDP generated revenue of $31.4 million, income from operations of $7.5 million, a $60.0 million gain from sale of Tenerife, and net income of $64.8 million in 2025. Falcon's Beyond's share of net income from PDP was $27.1 million including a $5.3 million impairment in the carrying value of PDP following the sale of Tenerife.

Net Income:

• Falcon’s Beyond reported consolidated net income of $6.3 million in 2025, primarily driven by the share of the gain on sale of PDP's Tenerife property, partially offset by operating losses from the integration and expansion of the Falcon's Attractions business, and non-recurring impairment charges of our investments in Karnival and PDP as we seek to liquidate these non-core assets and investments.

Adjusted EBITDA:

• Falcon's Beyond's generated adjusted EBITDA(1) loss of $17.3 million in 2025 primarily driven by the Company's investment in the integration and expansion of the Falcon's Attractions business and our share of net losses from our FCG equity method investment.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure" below for more information and a reconciliation to the most directly comparable GAAP measure.

Other Business Highlights

• Settlement agreement. In No

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Exhibit 99.1

Falcon’s Beyond Reports Third Quarter 2025 Financial Results

Company Strengthens Balance Sheet Through $28.7 Million Preferred Stock Issuance, Including $20.7 Million Debt-to-Equity Exchange

Company Reports Consolidated Revenue of $4.1 Million

Company's Unconsolidated Subsidiary, Falcon's Creative Group

generated Q3 Revenue of $5.7 Million

Company's Unconsolidated Joint Venture, Producciones de Parques generated Q3 revenue of $11.2 Million from continuing operations

Orlando, FL (November 14, 2025) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) today reported its financial results for the third quarter of fiscal year 2025 ended September 30, 2025.

Third Quarter 2025 Financial Results

Revenue:

• Falcon’s Beyond generated consolidated revenues of $4.1 million for the three months ended September 30, 2025 representing the ramping up of Falcon's Attraction's spares and maintenance fees, fees for corporate and shared services earned from its FCG division, and management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l.

• FCG generated $5.7 million in revenue the three months ended September 30, 2025, representing a decrease of $7.4 million, or 56.3%, over the corresponding period of 2024, reflecting project timing within FCG's multi-year contract performance obligations. FCG recorded an operating loss of $3.5 million and net loss of $3.8 million in the three months ended September 30, 2025, compared with operating income of $0.1 million and net loss of $0.1 million for the corresponding 2024 period. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $5.4 million for the three months ended September 30, 2025. FCG has a contracted pipeline of $48.3 million as it entered the fourth quarter of 2025.

• PDP generated revenues from the Sol Katmandu Park and Resort property of $11.2 million for the three months ended September 30, 2025, a $0.3 million increase over the corresponding period of 2024. In May 2025, PDP completed the sale of the corporate entity that owns the Sol Tenerife hotel

property and accordingly, the results of the operations of this hotel were reclassified to discontinued operations by the joint venture. Net income from continuing operations increased $0.2 million to $3.8 million for the three months ended September 30, 2025, compared with the corresponding period of 2024. Net income was $3.1 million for the three months ended September 30, 2025 compared with net income of $3.2 million for the corresponding period of 2024 of which Falcon's recognized its 50% ownership share.

Net Income:

• Falcon’s Beyond reported a consolidated net loss of $10.4 million for the three months ended September 30, 2025, compared with consolidated net income of $39.3 million the corresponding 2024 period. This change was primarily driven by the absence of non-cash fair value gains of $40.6 million on earnout liabilities, and $0.7 million in warranty liabilities compared with the corresponding period of 2024 following the prior year capital restructuring to remove these obligations from our balance sheet. Share of loss from equity method investments increased $6.9 million for the three months ended September 30, 2025 driven by a $3.0 million impairment of our Karnival TP-AQ Holdings Limited joint venture (Karnival) equity method investment due to a decision by the Karnival board to terminate the project in Hong Kong and commence windup of the joint venture, the $5.4 million share of net loss from FCG, partially offset by our share of net income from our PDP investment. Net operating loss increased $1.2 million from our investment in the integration and growth of the Falcon's Attraction's business following the OES acquisition in May 2025, partially offset by a $1.1 million gain on bargain purchase for this acquisition.

EBITDA:

• Falcon's Beyond's adjusted EBITDA(1) loss increased $6.1 million to $(7.7) million loss for the three months ended September 30, 2025, compared with $(1.6) million loss for the corresponding 2024 period. Such increase in loss was driven by a $4.0 million net increase in share of loss from equity method investments, $1.2 million increase in net loss from operations primarily due to the integration and expansion of the OES acquisition and a $0.9 million decrease in foreign exchange gain due to settlement of intergroup loans with a Spanish subsidiary.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure" below for more information and a reconciliation to the most directly comparable GAAP measure.

O

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EX-99.1

Exhibit 99.1

Falcon’s Beyond Reports Second Quarter 2025 Financial Results

Company Reports Consolidated Revenue of $2.5 Million

Company's Unconsolidated Subsidiary, Falcon's Creative Group

generated Q2 Revenue of $12.3 Million

Company's Unconsolidated Joint Venture, Producciones de Parques, recognized a $59.6 Million gain on sale of the Sol Tenerife hotel and generated Q2 revenue of $6.5 Million from continuing operations

Orlando, FL (August 14, 2025) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) today reported its financial results for the second quarter of fiscal year 2025 ended June 30, 2025.

Second Quarter 2025 Financial Results

Revenue:

• Falcon’s Beyond generated consolidated revenues of $2.5 million for the three months ended June 30, 2025 representing fees for corporate and shared services earned from its FCG division, management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l, and attraction spares and maintenance service fees from its Falcon's Beyond Brands division.

• FCG recorded revenues of $12.3 million in the three months ended June 30, 2025, representing a decrease of $3.4 million, or 21.6%, over the corresponding period of 2024 primarily due to timing of project performance obligations. FCG recorded operating income of $2.4 million and a net income of $2.3 million in the three months ended June 30, 2025, compared with operating income of $2.3 million and net income of $2.5 million for the corresponding 2024 period. After the Qiddiya Investment Company's (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net income from FCG was $0.7 million for the three months ended June 30, 2025.

• PDP recognized revenues from continuing operations of $6.5 million in the three months ended June 30, 2025, a $0.6 million increase over the corresponding period of 2024. In May 2025, PDP completed the sale of the Sol Tenerife hotel and accordingly, the results of the operations of this hotel were reclassified to discontinued operations by the JV for all periods presented. Net income from continuing operations operations increased $0.9 million to $0.8 million for the three months

ended June 30, 2025, compared with an operating loss of ($0.1) million for the corresponding period of 2024. Net income was $60.9 million for the three months ended June 30, 2025 reflecting the gain on sale of disposal of the hotel property. Falcon’s Beyond’s share of the gain on disposal of Tenerife was $29.8 million from PDP for three months ended June 30, 2025.

Net Income:

• Falcon’s Beyond’s consolidated net income of $25.1 million for the three months ended June 30, 2025, increased $17.1 million compared with the corresponding 2024 period, primarily driven by a $29.8 million share of the gain from the sale of the Tenerife hotel, $3.5 million credit to transaction expenses due to settlement with a provider of services to the Company in the 2023 business combination, a $1.6 million increase in unrealized foreign currency transactional gains, and a $2.6 million quarter-over-quarter change in fair value of warrant liabilities, partially offset by a $5.3 million other than temporary impairment of our remaining investment in PDP, a $13.0 million decrease in change in the fair value of earnout liabilities, a $0.3 million decrease in share of income from equity method investments, a $0.4 million increase in interest expense, and a $1.3 million increase in other operating expenses related to the new Falcon's Attractions business.

EBITDA:

• Falcon's Beyond's adjusted EBITDA(1) loss decreased $0.2 million to $(1.7) million loss for the three months ended June 30, 2025, compared with $(1.9) million loss for the corresponding 2024 period. Such decrease in loss was driven by an increase of $1.6 million in foreign exchange transaction gains, partially offset by a decrease of $0.3 million in share of gain from equity method investments, and an increase of $1.1 million in losses from operations primarily from the integration of the OES acquisition.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure" below for more information and a reconciliation to the most directly comparable GAAP measure.

Other Business Highlights

• Oceaneering Entertainment Systems ("OES") Transaction: On May 9, 2025, the Company acquired key assets of Oceaneering Entertainment System (“OES”), a division of Oceaneering International Inc. (“OII”). In the transaction, the Company purchased certain tangible assets, OES’s portfolio of intellectual property, including patented technologies, proprietary engineering and manufacturing processes, and as

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EX-99.1

Exhibit 99.1

Falcon’s Beyond Reports First Quarter 2025 Financial Results

Company Reports Consolidated Revenue of $1.7 Million

Company's Unconsolidated Subsidiary, Falcon's Creative Group

generated Q1 Revenue of $6.3 Million

Company's Unconsolidated Joint Venture, Producciones de Parques,

generated Q1 revenue of $7.2 Million

Orlando, FL (May 15, 2025) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) today reported its financial results for the first quarter of fiscal year 2025 ended March 31, 2025.

First Quarter 2025 Financial Results

Revenue:

• Falcon’s Beyond generated consolidated revenues of $1.7 million for the three months ended March 31, 2025, representing fees for corporate and shared services earned from its FCG division, management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l, and attraction maintenance service fees from its Falcon's Beyond Brands division.

• FCG recorded revenues of $6.3 million in the three months ended March 31, 2025, representing a decrease of $8.6 million, or 57.7%, over the corresponding period of 2024 primarily due to timing of projects. FCG recorded an operating loss of ($2.8) million and a net loss of ($3.0) million in the three months ended March 31, 2025, compared with an operating income of $1.6 million and net income of $1.8 million for the corresponding 2024 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s share of net loss from FCG was $(4.6) million for the three months ended March 31, 2025.

• PDP recognized revenues of $7.2 million in the three months ended March 31, 2025, a $0.2 million decrease over the corresponding period of 2024, primarily due to the impact of foreign currency translation of the results of the European joint venture. Income from operations increased $0.3 million to $1.6 million for the three months ended March 31, 2025, compared with operating income of $1.3 million for the corresponding period of 2024. Net income was flat at $1.0 million for the three months ended March 31, 2025, and March 31, 2024. Falcon’s Beyond’s share of income was $0.5 million from PDP for three months ended March 31, 2025.

Net Income:

• Falcon’s Beyond’s consolidated net loss of $(8.1) million for the three months ended March 31, 2025, decreased $122.1 million compared with the corresponding 2024 period, primarily driven by a $118.6 million quarter-over-quarter change in the fair value of earnout liabilities, $1.5 million of transaction expenses related to the Company's S-1 filings in 2025, a $5.2 million increase in share of losses from equity method investments, and a $1.1 million increase in interest expense, partially offset by a $2.7 million quarter-over-quarter change in fair value of warrant liabilities, $1.1 million increase in unrealized foreign currency transactional gains and $0.5 million decrease in other expenses.

EBITDA:

• Falcon's Beyond's adjusted EBITDA(1) loss increased $3.6 million to $(8.1) million loss for the three months ended March 31, 2025, compared with $(4.5) million loss for the corresponding 2024 period. Adjusted EBITDA loss for the three months ended March 31, 2025, was primarily driven by a $5.2 million increase in in share of losses from equity method investments, partially offset by a $1.1 million increase in unrealized foreign currency transactional gains and $0.5 million decrease in other expenses.

(1) Adjusted EBITDA is a non-GAAP financial measure. See “Use and Definition of Non-GAAP Financial Measure" below for more information and a reconciliation to the most directly comparable GAAP measure.

Other Business Highlights

• Warrant Agreement Amendment and Exchange: This initiative simplified the Company’s capital structure by providing Warrant holders conversion of their holdings into equity in Falcon’s Beyond at a fixed exchange rate. The mandatory exchange of Warrants takes place on October 6, 2028 (the “Exchange Date”) for shares of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”) at an exchange ratio of 0.25 shares of Class A Common Stock per Warrant (the “Exchange Ratio”). The mandatory exchange was pursuant to an amendment which became effective on January 14, 2025, authorized by holders of more than 50% of the Warrants. After the effectiveness of the Warrant Agreement Amendment and until the Exchange Date, the warrants, as amended by the Warrant Agreement Amendment, will not be exercisable and the holders of the warrants will have no further rights except to receive shares of Class A Common Stock at the Exchange Ratio on the Exchange Date.

• Oceaneering Entertainmen

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Exhibit 99.1

Falcon’s Beyond Reports Fourth Quarter and Fiscal Year 2024

Financial Results

Company Reports Consolidated Revenue of $1.4 Million for Q4 and $6.7 Million

for the full year

Company's Unconsolidated Subsidiary, Falcon's Creative Group, Q4 Revenue of $9.4 Million marked a 195% increase year-over-year and $53.2 Million for the full year achieving a 136% increase year-over-year

Company's Unconsolidated Joint Venture, Producciones de Parques, generated Q4 revenue of $9.1 Million and full year revenue of $45.7 Million

Orlando, FL (April 3, 2025) — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”) today reported its financial results for the fourth quarter 2024 and fiscal year ended December 31, 2024.

Fourth Quarter 2024 Financial Results

Revenue:

• Falcon’s Beyond generated consolidated revenues of $1.4 million for the three-month period ended December 31, 2024, representing fees for corporate and shared services earned from its FCG division and management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l.

• FCG recorded revenues of $9.4 million in the three-month period ended December 31, 2024, representing an increase of $4.6 million, or 195%, over the corresponding period of 2023. FCG recorded an operating loss of ($4.1) million and a net loss of ($4.7) million in the three-month period ended December 31, 2024, compared with an operating loss of ($5.1) million and net loss of ($4.7) million for the corresponding 2023 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s net loss from FCG was $(6.3) million in the three-month period ended December 31, 2024.

• PDP recognized revenues of $9.1 million in the three-month period ended December 31, 2024, a $0.4 million increase over the corresponding period of 2023, primarily due to increases in occupancy and rates at the Tenerife property. Income from operations increased $7.1 million to $1.3 million for the three-month period ended December 31, 2024, compared with an operating

loss of $6.0 million for the corresponding period of 2023. Net income increased $7.1 million to $0.3 million for the three-month period ended December 31, 2024, compared with a $6.8 million net loss in the corresponding 2023 period. Results for the three-month period ended December 31, 2023, included a $5.4 million impairment of fixed assets related to the Tenerife property. Falcon’s Beyond’s share of income was $0.2 million from PDP for three-month period ended December 31, 2024.

Net Income:

• Falcon’s Beyond’s consolidated net loss decreased by $404.7 million to $(11.9) million for the three-month period ended December 31, 2024, over a net loss of $(416.6) million for the corresponding 2023 period, primarily driven by a $345.4 million year-over-year change in fair value of earnout liabilities, a $15.7 million decrease in losses from operations, a $42.7 million decrease in share of losses from equity method investments, and a $3.8 million year-over-year change in fair value of warrant liabilities, partially offset by a $2.1 million increase in unrealized foreign currency transactional losses and $0.8 million increase in other expenses.

EBITDA:

• Falcon's Beyond's adjusted EBITDA(1) loss increased $1.5 million to $(12.0) million loss for the three-month period ended December 31, 2024, compared with $(10.5) million loss for the three-month period ended December 31, 2023. Adjusted EBITDA loss for the three months ended December 31, 2023, primarily driven by a $2.7 million increase in net corporate expense, and a $1.4M increase in unrealized foreign currency transactional losses, partially offset by a $2.6 million decrease in share of losses from equity method investments.

Fiscal 2024 Results

Revenue:

• Falcon’s Beyond generated consolidated revenues of $6.7 million for the year ended December 31, 2024, representing fees for corporate and shared services earned from its FCG division and management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l.

• FCG recorded revenues of $53.2 million in the year ended December 31, 2024, representing an increase of $30.6 million, or 136%, over 2023. FCG recorded an operating loss of ($0.1) million and a net loss of ($0.5) million in the year ended December 31, 2024, compared with an operating loss of ($12.6) million and net loss of ($12.5) million for the corresponding 2023 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s net loss from FCG was ($6.4) million in the year ended December 31, 2024. As of December 31, 2024, the

EX-99.1

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PRESS RELEASE DATED NOVEMBER 14, 2024

Exhibit 99.1

Falcon’s Beyond Announces Third Quarter 2024 Results:

Company Reports Consolidated Revenue of $2.1 Million and Remains Positioned for Ongoing Positive Growth

Company’s Unconsolidated Subsidiary, Falcon’s Creative Group, Q3 Revenue Increased to $13.2 Million and Company’s Unconsolidated Joint Venture, Producciones de Parques, Q3 Revenue Increased to $17.8 Million

Orlando, FL — November 14, 2024 — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”) and Falcon’s Beyond Brands (“FBB”), today announced its financial results for the third quarter of fiscal year 2024 ended September 30, 2024.

Simon Philips, President of Falcon’s Beyond, stated, “Falcon’s performance in Q3 is a testament to the strength of our strategic initiatives and the dedication of our teams. We’ve achieved substantial revenue growth in Falcon’s Creative Group compared to last year, positioning us for continued success as we move into 2025 and beyond. One of the key highlights of this quarter is our ongoing project work for the Qiddiya Investment Company in Saudi Arabia focused on the master planning and designing of several first-of-its-kind immersive entertainment projects for Qiddiya City, which further showcase our commitment to delivering services that create innovation and groundbreaking entertainment. We are thrilled with the progress and the positive reception that our projects have garnered thus far. With the momentum we’ve built and our unwavering focus across all divisions, we are more confident than ever in our ability to deliver long-term value to our stakeholders.”

Third Quarter 2024 Financial Highlights

●Falcon’s Beyond generated consolidated revenues of $2.1 million for the three-month period ended September 30, 2024, representing fees for corporate and shared services earned from its FCG division and management fees from its Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels Int’l. The Company’s FCG subsidiary was deconsolidated and accounted for as an equity method investment for all periods subsequent to July 27, 2023.

●FCG recorded revenues of $13.2 million in the three-month period ended September 30, 2024, representing an increase of $8.6 million, or 190%, over the corresponding period of 2023. FCG recorded operating income of $0.1 million and a net loss of $0.1 million in the three-month period ended September 30, 2024, compared with an operating loss of ($5.2) million and net loss of ($5.1) million for the corresponding 2023 period. After the Qiddiya Investment Company (QIC) preferred return and amortization of basis difference, Falcon’s Beyond’s net loss from FCG was $1.7 million in the three-month period ended September 30, 2024.

●PDP

recognized revenues of $17.8 million in the three-month period ended September 30, 2024, a $2.0 million increase over the corresponding 2023 period, primarily due to increases in occupancy and rates at the Tenerife and Mallorca properties. Income from operations increased $1.1 million to $5.7 million for the three-month period ended September 30, 2024, and net income increased $0.2 million to $3.2 million, as compared with the corresponding 2023 period. Falcon’s Beyond’s share of income was $1.6 million from PDP for Q3 2024.

●Falcon’s Beyond’s consolidated net income increased by $35.0 million to $39.3 million for the three-month period ended September 30, 2024, primarily driven by a $40.6 million gain from change in fair value of earnout liabilities, a $17.9 million decrease in losses from operations, a $1.5 million increase in share of gains from equity method investments, a $0.7 million change in fair value of warrant liabilities, and a $1.6 million increase in foreign exchange gains, partially offset by a $27.4 million gain from deconsolidation of FCG in the prior year comparative quarter.

●Adjusted EBITDA1 increased $4.6 million to ($1.6) million for the three months ended September 30, 2024, compared to ($6.2) million for the three months ended September 30, 2023, primarily driven by a $1.6 million increase in share of gain from equity method investments, a $1.6 million increase in foreign exchange gains and a $1.84 million increase in revenues from shared services following the deconsolidation of FCG in 2023, partially offset by a $0.4 increase in other expenses.

●Effective September 30, 2024, the Company entered into an Amended and Restated Credit Agreement with Infinite Acquisition Partners, LLC, a greater than 10% shareholder, to increase the Revolving Line of Credit from a $10 million facility to a $15 million facility. The amended facility is unsecured, bears simple interest on the unpaid principal at a rate equal to three-month SOFR plus 2.75% (previously 2.75%), payable

EX-99.1

2 ea021103801ex99-1_falcons.htm

PRESS RELEASE DATED AUGUST 13, 2024

Exhibit 99.1

Falcon’s Beyond Announces Second Quarter 2024 Results

Company Reports Consolidated Revenue of $1.8 Million and Remains Positioned for Ongoing Positive Growth

Company’s Unconsolidated Subsidiary, Falcon’s Creative Group, Q2 Revenue Increased to $15.7 Million and Company’s Unconsolidated Joint Venture, Producciones de Parques, Q2 Revenue Increased to $11.3 Million

Orlando, FL — August 13, 2024 — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”) and Falcon’s Beyond Brands (“FBB”), today announced its financial results for the second quarter of fiscal year 2024 ended June 30, 2024.

Scott Demerau, Co-Founder and Executive Chairman of Falcon’s Beyond, commented, “We saw continued strength in the second quarter of 2024 with positive revenue increases across Falcon’s Creative Group, Producciones de Parques and Falcon’s Beyond Global. This quarter’s performance highlights our strategic focus as we continue to grow our differentiated product and services, further laying the groundwork for the Company’s continued growth.”

Simon Philips, President of Falcon’s Beyond, stated, “For FCG, our master planning, attraction design and creative guardian work on the first-ever Dragon Ball theme park has been a monumental achievement and reflects our commitment to delivering unparalleled immersive experiences. In addition to the Dragon Ball theme park, FCG is supporting the creative development of multiple entertainment experiences with Qiddiya City, including Saudi Arabia’s first water theme park, Aquarabia, and the world’s first dedicated Gaming and Esports district. We are thrilled with the progress and the positive reception these projects have garnered thus far. Looking ahead, we are excited about the future opportunities that are in the works and the expansion of our business. The momentum we are building is just the beginning of an extraordinary journey for Falcon’s Beyond Global.”

Second Quarter 2024 Financial Highlights

●Falcon’s Beyond generated consolidated revenues of $1.8 million for the three-month period ended June 30, 2024, representing fees for corporate and shared services earned from its FCG division. The Company’s FCG subsidiary was deconsolidated and accounted for as an equity method investment for all periods subsequent to July 27, 2023.

●FCG recorded revenues of $15.7 million in the three-month period ended June 30, 2024, representing an increase of $10.5 million, or 202%, over the corresponding period of 2023 for FCG when it was fully consolidated by the Company. FCG also recorded operating income of $2.3 million and net income of $2.5 million in the three-month period ended June 30, 2024 compared with an operating loss of ($1.1) million and net loss of ($1.1) million for the corresponding 2023 period. After the QIC preferred return and amortization, Falcon’s Beyond’s share of income was $1.0 million from FCG for Q2 2024.

●Falcon’s Beyond’s Producciones de Parques, S.L. (“PDP”) 50:50 joint venture with Melia Hotels International recognized revenues of $11.3 million in the three-month period ended June 30, 2024, a $0.9 million increase over the corresponding 2023 period, primarily due to increases in occupancy and rates at the Tenerife and Mallorca properties. Income from operations increased $0.8 million to $1.6 million for the three-month period ended June 30, 2024, and net income increased $0.7 million to $1.3 million, as compared with the corresponding 2023 period. Falcon’s Beyond’s share of income was $0.7 million from PDP for Q2 2024.

●Falcon’s Beyond’s consolidated net income increased by $16.8 million to $8.0 million for the three months ended June 30, 2024, compared with ($8.8) million loss for the three months ended June 30, 2023, primarily driven by a $13.0 million gain from change in fair value of earnout liabilities, a $4.1 million decrease in losses from operations and a $2.6 million increase in share of gain from equity method investments, partially offset by a $2.6 million loss from the change in fair value of warrant liabilities.

●Adjusted EBITDA1 increased $6.5 million to ($1.9) million for the three months ended June 30, 2024, compared to ($8.4) million for the three months ended June 30, 2023, primarily driven by lower selling, general and administrative expenses due to reduction in third-party accounting, audit and legal fees relating to public company readiness as the Company moves forward from its completed business combination transaction in October 2023 and realizes positive returns from the Company’s equity method investments.

Jo Merrill, Chief Financial Officer of Falcon’s Beyond, stated, “We continue to see a robust positive performance trend in our second quarter with a year-over-year increase in re

EX-99.1

2 ea020622001ex99-1_falcon.htm

PRESS RELEASE DATED MAY 16, 2024

Exhibit 99.1

Falcon’s Beyond Announces First Quarter 2024 Results

Company Reports Consolidated Revenue of $1.5 Million

Company’s Unconsolidated Subsidiary, Falcon’s Creative Group, Q1 Revenue Increased to $14.9 million and Company’s Unconsolidated Joint Venture, Producciones de Parques, Q1 Revenue Increased to $7.5 million

Company Plans Growth Amidst Surge in Global Spending

in Theme Parks and Location-Based Entertainment

Orlando, FL — May 16, 2024 — Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”, “Falcon’s” or the “Company”), a visionary leader in innovative and immersive storytelling through Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”) and Falcon’s Beyond Brands (“FBB”), today announced its financial results for the first quarter of fiscal year 2024 ended March 31, 2024.

Scott Demerau, Co-Founder and Executive Chairman of Falcon’s Beyond, commented, “We are thrilled to share our earnings results for the first quarter since our Nasdaq listing at the end of last year, and this milestone marks the beginning of an exciting new chapter for Falcon’s Beyond as a public company. Falcon’s Beyond connects the world by bringing stories to life through theme parks, resorts, ride and technology sales, animation, consumer products, gaming and beyond. Our Company is more than just an entertainment pioneer; we are innovators in immersive storytelling, operating at the intersection of content, technology and experiences and, with our innovative approach and industry-leading expertise, we are poised to unlock significant growth opportunities in the ever-evolving and rapidly growing entertainment landscape.”

Demerau continued, “This year, we remain well-positioned to continue expanding our IP and leveraging our critical partnerships, including with Qiddiya, the organization behind entertainment and tourism megaprojects, and Raging Power Limited, a subsidiary of K11, the Hong Kong-based mall developer. As the entertainment industry continues to undergo rapid transformation fueled by unprecedented spending in both legacy U.S. and new markets, we see immense growth potential for our Company. As we embark on this new chapter as a public company, we remain steadfast in our commitment to pushing the boundaries of immersive storytelling and delivering extraordinary moments that inspire and delight audiences worldwide.”

Simon Philips, President of Falcon’s Beyond, stated, “We are delighted to share the exciting developments at Falcon’s in the first quarter of 2024. Early in the quarter, we announced a licensing agreement with The Hershey Company to bring their iconic brands, including Hershey’s, Reese’s, Jolly Rancher, and Twizzlers, to life in new location-based entertainment attractions. Additionally, we were pleased to announce that Falcon’s Creative Group, as part of our ongoing partnership with Qiddiya City near Riyadh, Saudi Arabia, will serve as the master planner, attraction designer, and creative guardian for the pioneering Dragon Ball theme park. Qiddiya has revealed that the park will feature five state-of-the-art rides as part of a lineup of over 30 attractions set against the stunning Tuwaiq mountains backdrop. Furthermore, within Qiddiya City, Falcon’s Creative Group is overseeing the creative guardianship of Saudi Arabia’s first water theme park, Aquarabia, and supporting the creation of a dedicated Gaming & Esports District.”

Philips continued, “This quarter, Falcon’s also entered into a letter of intent with Tanseisha Co., a Tokyo-based designer and creator of commercial and cultural facilities, to explore developing new themed entertainment experiences, including location-based entertainment that brings popular Japanese anime and manga to life. In March, we launched Falcon’s Attractions Systems & Technologies, our latest expansion strategy, highlighting Falcon’s Beyond’s commitment to selling cutting-edge immersive rides and attractions worldwide. This quarter’s achievements underscore the strength of our business model, the creativity of our team and the enduring appeal of our unique entertainment offerings.”

First Quarter 2024 Financial Highlights

●Falcon’s Beyond generated consolidated revenues of $1.5 million for the three-month period ended March 31, 2024, representing fees for corporate and shared services earned by its FCG division.

oThe Company’s FCG subsidiary was deconsolidated and accounted for as an equity method investment for all periods subsequent to July 27, 2023, when an affiliate of the Qiddiya Investment Company (“QIC”) invested $30 million in FCG as a strategic investment to obtain a 25% equity interest in the form of preferred units of FCG with the Company holding the remaining 75% interest in the form of common units. The deconsolidation was due to certain participation rights held by QIC in conjunction with the strategic investment.

●FCG

recorded revenues of $14.9 m