earnings
confidence high
sentiment positive
materiality 0.75
Full House Resorts Q4 rev $43.3M (+13% YoY); full-year net income $11.7M vs $0.1M
FULL HOUSE RESORTS INC
- Q4 net income $5.0M ($0.14 diluted EPS) vs $3.5M ($0.12) prior year; Adj. EBITDA $7.9M from $9.8M.
- Full-year 2021 revenue $180.2M (+43.5% YoY); Adj. EBITDA $47.2M (+140% from $19.7M in 2020).
- Mississippi segment Q4 rev up 22.7% to $22.5M; Adj. segment EBITDA $6.7M (+31.3%).
- Company selected to develop American Place in Waukegan, IL; temporary casino opening Summer 2022.
- Closed $100M add'l 8.25% senior secured notes due 2028; credit facility increased to $40M.