Full House Resorts | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 77.95 M

LB filings
2025.11.06 14:16
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Revenue: As of FY2025 Q3, the actual value is USD 77.95 M, beating the estimate of USD 76.4 M.

EPS: As of FY2025 Q3, the actual value is USD -0.21, missing the estimate of USD -0.2038.

EBIT: As of FY2025 Q3, the actual value is USD 14.56 M.

Segment Revenue

  • Midwest & South: Revenues for this segment were $58.3 million in Q3 2025, a 7.0% increase from $54.5 million in the prior-year period. American Place contributed significantly with a 14.0% increase in revenue, reaching $32.0 million.
  • West: Revenues were $18.0 million in Q3 2025, down from $19.4 million in the prior-year period, due to the sale of Stockman’s Casino and renovation disruptions at Grand Lodge Casino. However, Chamonix/Bronco Billy’s showed growth.
  • Contracted Sports Wagering: Revenues were $1.6 million in Q3 2025, compared to $1.8 million in the prior-year period.

Operational Metrics

  • Net Loss: Improved to - $7.7 million in Q3 2025 from - $8.5 million in the prior-year period.
  • Operating Income: Increased by 40.3% to $3.4 million in Q3 2025.
  • Adjusted EBITDA: Increased by 26.1% to $14.8 million in Q3 2025, with contributions from American Place and Chamonix/Bronco Billy’s.

Cash Flow

  • Cash and Cash Equivalents: As of September 30, 2025, the company had $30.9 million in cash and cash equivalents.

Unique Metrics

  • American Place Casino: Continued strong growth with a 14.0% increase in revenues, setting a new property record.
  • Chamonix Casino Hotel: Revenues grew by 7.3% in Q3 2025, with Adjusted Property EBITDA improving by $2.8 million.

Outlook / Guidance

  • Full House Resorts expects continued growth at American Place and Chamonix as operations ramp up. The company is optimistic about the potential in the Colorado Springs market and plans to leverage its amenities and marketing strategies to increase visitation and revenue.