Live nation entertainment reports fourth quarter & full year 2022 results

Results and outlook reflect strong global demand for live experiences 2022 financial overview (reported fx, vs 2019): record results reflect incredible fan demand   revenue up 44% to $16.7 billion operating income up 125% to $732 million aoi up 49% to over $1.4 billion operating free cash flow up 3.9x to $1.8 billion adjusted free cash flow up 94% to $967 million, converting 69% of aoi 2022 operational highlights (vs 2019): record attendance, gross transaction value, and sponsorship activity investment in artists up 45% to over $9.6 billion as live nation continues to be the largest financial supporter of musicians highest live nation concert attendance - up 24% with over 121 million fans attending 43,600 events ancillary per fan spending growth continues, up at least 20% across all major venue types - amphitheaters, festivals, clubs and theaters ticketing fee-bearing gross transaction value up 54% to $27.5 billion sponsorship revenue reaches roughly $1 billion, up 64% 2023 outlook (as of mid-february, vs 2022): positioned for ongoing growth, as fans continue to prioritize concerts event-related deferred revenue starts year at $2.7 billion, up $400 million concert ticket sales are over 50 million, up 20% with international up 25% ticketing fee-bearing gross transaction value up 33% to $9.8 billion 2023 committed sponsorship up double-digits, with over 70% of 2023 revenue committed los angeles , feb. 23, 2023 /prnewswire/ -- live nation entertainment, inc. (nyse: lyv) today released financial results for the quarter and full year ended december 31, 2022. in 2022, we saw fans around the world continue to prioritize their spending on attending live events, particularly concerts.
LYV Ratings Summary
LYV Quant Ranking