The UFC Freedom 250 event held on the White House grounds in June has been described by TKO officials as a “roaring success." But the financial numbers tell a different story.

UFC and parent company TKO Group Holdings had a strong Q2, despite roughly $30 million in fiscal losses from June’s UFC Freedom 250.

The June event, held to mark the 250th anniversary of American independence, featured a specially built 4,300-seat arena at the White House