Fox (FOXA) 10-K Summary — Year Ended Jun 30, 2024

Fox Corporation filed its annual report with a decrease in revenue compared to the prior year, while net income and operating cash flow remained significant. The filing describes the company's media and news operations, associated risk factors, and its liquidity position.

Key takeaway

Year ended Jun 30, 2024 · FY2025 10-K

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$14B

Revenue reported for the fiscal year.

Operating income

n/a

Income from operations reported for the year.

Net income

$1.6B

Net income reported for the year.

Operating cash flow

$1.8B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period ended	Revenue	Year-over-year change
Jun 30, 2021	$12.9B	n/a
Jun 30, 2022	$14B	+8.3%
Jun 30, 2023	$14.9B	+6.7%
Jun 30, 2024	$14B	-6.3%

Business overview

Fox Corporation operates as a media and news enterprise. Its business overview section outlines the company's structure and operations, while risk factors and management discussion provide additional context on its activities.

Financial performance

Revenue for the reported annual period declined compared to the preceding year. Net income and operating cash flow were reported, indicating the company's profitability and cash generation.

Material risks

The filing includes a risk factors section that discusses potential challenges facing the business. These risks are described in the context of the company's operations and market conditions.

Liquidity and capital

A liquidity and capital resources section provides analysis of cash flows and outstanding debt. It discusses the company's financial capacity and commitments as of the balance sheet date.

What to watch

Monitor any changes in revenue trends in the next filing, given the decline reported in the current period.