Below are the financial statements of Universal Music Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 |
|---|---|---|
| Revenues | 11,834a | 11,108a |
| Cost of revenues | -6,746a | -6,208a |
| Selling, general and administrative expenses | -3,015a | -3,213a |
| Amortisation and impairment losses on intangible assets | -298a | -269a |
| Operating profit | 1,775a | 1,418a |
| Financial income | 1,279a | 454a |
| Financial expenses | -187a | -151a |
| Income/(loss) from equity affiliates | 4a | 0a |
| Profit before income taxes | 2,871a | 1,721a |
| Income taxes | -778a | -458a |
| Net profit | 2,093a | 1,263a |
| Of which | — | — |
| Net profit attributable to equity holders of the parent | 2,086a | 1,259a |
| Net profit attributable to non-controlling interests | 7a | 4a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Universal Music Group’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.