earnings
confidence high
sentiment negative
materiality 0.75
Century Casinos Q1 net loss $13.5M vs $1.2M loss YoY; revenue up 25% but ops earnings down 55%
CENTURY CASINOS INC /CO/
2024-Q1 EPS reported
-$0.45
revenue$136,017,000
- Net loss attributable to shareholders ($13.5M) or ($0.45) per diluted share vs ($1.2M) or ($0.04) in Q1 2023.
- Net operating revenue $136.0M (+25% YoY) driven by US segment (+45%), partially offset by Poland (-15%).
- Earnings from operations $8.3M (-55%); Adjusted EBITDAR $21.3M (-18%).
- US segment earnings from operations fell 41% to $8.5M; Canada flat; Poland swung to slight loss.
- Cash balance $136.5M (down from $171.3M at Dec 2023) due to $12.2M tax payments and $18.4M capex.