earnings
confidence high
sentiment positive
materiality 0.80
Monarch Casino reports record Q4 2021: revenue $111.1M, Adj. EBITDA $39.0M, up 180.7% YoY
MONARCH CASINO & RESORT INC
2021-FY EPS reported
$3.53
revenue$395,377,000
- Net revenue $111.1M (+90.3% YoY); net income $19.9M (+30.2%); diluted EPS $1.02 (+27.5%).
- Record full-year net revenue $395.4M and Adjusted EBITDA $137.3M.
- Adjusted EBITDA margin record 35.1% in Q4; 34.7% for full year.
- Capital expenditures $16.1M in Q4; principal payments of $18M on Term Loan, balance $90M.
- CEO notes labor shortage and supply chain inflation; remains bullish on Black Hawk property.