Emerald Holding, Inc. has recently released its 10-K report, providing a detailed look into its financial condition and operations. The company operates as a business-to-business event organizer in the United States, offering B2B trade shows, conferences, B2C showcases, digital media products, and e-commerce solutions to manufacturers and retailers. Emerald strives to build its customers' businesses by creating opportunities that deliver measurable results.
In the 10-K report, Emerald discusses its management's analysis of the financial condition and results of operations, emphasizing its focus on generating organic growth by understanding and leveraging the drivers for increased exhibitor and attendee participation at trade shows. The company also highlights its strategy of growing its national footprint through the acquisition of high-quality events that are leaders in their specific industry verticals.
The report also details several acquisitions completed by Emerald during the periods covered, including Hotel Interactive, Futurist, Over the Pond Media, GRC World Forums Limited, Insurtech Insights Limited, This is Beyond Limited, and Generis Global Partners Corp. and Generis Global Partners Europe GmbH.
Additionally, the report addresses the mandatory conversion of preferred stock, providing insights into the company's financial decisions and their impact on the business. It also outlines trends and factors affecting the company's business, such as market fragmentation, economic environment and industry sector cyclicality, inflation, interest rates, and the variability in quarterly results due to the seasonal nature of the business.
The report concludes with a discussion of how Emerald assesses the performance of its business, including key financial measures such as revenues, cost of revenues, selling, general and administrative expenses, interest expense, depreciation and amortization, income taxes, Adjusted EBITDA, and Free Cash Flow.
Today the company's shares have moved -2.09% to a price of $4.69. For more information, read the company's full 10-K submission here.
