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Century Casinos, Inc. Announces Second Quarter 2025 Results
Company Initiates Strategic Review Process to Enhance Shareholder Value.
COLORADO SPRINGS, Colo., Aug. 7, 2025 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2025.
Second Quarter 2025 Highlights*
Compared to the three months ended June 30, 2024:
- Net operating revenue was $150.8 million, an increase of 3%.
- Earnings from operations was $16.6 million, an increase of 16%.
- Net loss attributable to Century Casinos, Inc. shareholders was ($12.3) million, a decrease in net loss of 70%, and basic net loss per share was ($0.40).
- Adjusted EBITDAR** was $30.3 million, an increase of 10%.
"We are proud of the strength and momentum we have built across our portfolio, which has shown solid year over year growth and generated positive cash flow in the quarter. Following various inquiries from third parties about potential asset sales and strategic partnerships, we have initiated a strategic review process as part of our ongoing commitment to driving long-term value creation and optimizing our portfolio of assets and operations," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked.
UPDATES
Sports Betting – Missouri – In May 2025, the Company announced that it has partnered with BetMGM to operate an online and mobile sports betting application under the Company's license in Missouri. The agreement includes a percentage of net gaming revenue payable to the Company, with a guaranteed minimum, as well as retail sportsbook options to be exercised at the Company's discretion. Sports betting is expected to begin in Missouri in the fourth quarter of 2025.
Caruthersville, Missouri – Since the opening of the new casino and hotel on November 1, 2024, net operating revenue and Adjusted EBITDAR** have increased 26% and 31% respectively.
Poland – The Company was awarded a second license in the city of Wroclaw in March 2025. The Company expects to open the casino in the fourth quarter of 2025. The Company was notified in June 2025 that it had not received a new license for a second casino in Warsaw and closed the casino at the Hilton Hotel. The license for the Company's flagship casino in Warsaw at The Presidential Hotel runs through 2028.
Strategic Review Process – The Company's Board of Directors (the "Board") has initiated a comprehensive strategic review of its operations, capital structure and strategic growth options. The review will explore a range of potential strategic alternatives for the Company's assets and businesses aimed at enhancing shareholder value and supporting long-term growth. These alternatives may include opportunities to unlock value within our existing property portfolio, optimize the Company's capital structure, evaluate potential mergers, strategic partnerships, or the sale of the Company, and to analyze potential divestments of assets or other asset-level transactions. In connection with this review, the Company has engaged Faegre Drinker Biddle & Reath LLP as legal counsel and Macquarie Capital as financial advisor.
This review follows the Company's recent substantial capital expenditure program and solid operational performance in the second quarter of 2025 and reflects the Board's proactive approach to positioning the Company for future success in an evolving market landscape. The Board has not set a timetable for the conclusion of this review. At this stage, no commitments or decisions have been made and there can be no assurance that the review will result in any transaction or particular change to the Company's business. The Company does not intend to make further public comments on the process unless and until it determines that further disclosure is appropriate or necessary.
RESULTS
The consolidated results for the three and six months ended June 30, 2025 and 2024 are as follows:
| | For the three months | | | For the six months | | | ||||||||||
| Amounts in thousands, except per share data | ended June 30, | | % | ended June 30, | | % | ||||||||||
| Consolidated Results: | | | 2025 | | | 2024 | | Change | | | 2025 | | | 2024 | | Change |
| Net Operating Revenue | | $ | 150,818 | | $ | 146,435 | | 3 % | | $ | 281,261 | | $ | 282,451 | | — |
| Earnings from operations | | | 16,575 | | | 14,261 | | 16 % | | | 23,715 | | | 22,547 | | 5 % |
| Net loss attributable to Century Casinos, Inc. shareholders | | $ | (12,309) | | $ | (41,613) | | 70 % | | $ | (32,922) | | $ | (55,157) | | 40 % |
| | | | | | | | | | | | | | | | | |
| Adjusted EBITDAR** | | $ | 30,304 | | $ | 27,448 | | 10 % | | $ | 50,459 | | $ | 48,697 | | 4 % |
| | | | | | | | | | | | | | | | | |
| Net loss per share attributable to Century Casinos, Inc. shareholders: | ||||||||||||||||
| Basic | | $ | (0.40) | | $ | (1.36) | | 71 % | | $ | (1.08) | | $ | (1.81) | | 40 % |
| Diluted | | $ | (0.40) | | $ | (1.36) | | 71 % | | $ | (1.08) | | $ | (1.81) | | 40 % |
| | | | | | | | | | | | | | | | | |
RESULTS BY REPORTABLE SEGMENT*
Following is a summary of the changes in net operating revenue by reportable segment for the three and six months ended June 30, 2025, compared to the three and six months ended June 30, 2024:
| | | Net Operating Revenue | ||||||||||||||||||||
| | | For the three months | | | | | | | For the six months | | | | | | ||||||||
| Amounts in | | ended June 30, | | | $ | | % | | ended June 30, | | | $ | | % | ||||||||
| thousands | | 2025 | | 2024 | | | Change | | Change | | 2025 | | 2024 | | | Change | | Change | ||||
| United States | | $ | 106,104 | | $ | 106,515 | | $ | (411) | | — | | $ | 199,401 | | $ | 202,543 | | $ | (3,142) | | (2 %) |
| Canada | | | 20,005 | | | 19,827 | | | 178 | | 1 % | | | 36,521 | | | 38,153 | | | (1,632) | | (4 %) |
| Poland | | | 24,709 | | | 20,093 | | | 4,616 | | 23 % | | | 45,339 | | | 41,742 | | | 3,597 | | 9 % |
| Corporate and Other | | | — | | | — | | | — | | — | | | — | | | 13 | | | (13) | | (100 %) |
| Consolidated | | $ | 150,818 | | $ | 146,435 | | $ | 4,383 | | 3 % | | $ | 281,261 | | $ | 282,451 | | $ | (1,190) | | — |
| | | | | | | | | | | | | | | | | | | | | | | |
Following is a summary of the changes in earnings (loss) from operations by reportable segment for the three and six months ended June 30, 2025, compared to the three and six months ended June 30, 2024:
| | | Earnings (Loss) from Operations | ||||||||||||||||||||
| | | For the three months | | | | | | | For the six months | | | | | | ||||||||
| Amounts in | | ended June 30, | | | $ | | % | | ended June 30, | | | $ | | % | ||||||||
| thousands | | 2025 | | 2024 | | | Change | | Change | | 2025 | | 2024 | | | Change | | Change | ||||
| United States | | $ | 14,729 | | $ | 14,102 | | $ | 627 | | 4 % | | $ | 22,076 | | $ | 22,561 | | $ | (485) | | (2 %) |
| Canada | | | 4,533 | | | 4,362 | | | 171 | | 4 % | | | 7,894 | | | 8,398 | | | (504) | | (6 %) |
| Poland | | | 464 | | | (181) | | | 645 | | 356 % | | | 355 | | | (202) | | | 557 | | 276 % |
| Corporate and Other | | | (3,151) | | | (4,022) | | | 871 | | 22 % | | | (6,610) | | | (8,210) | | | 1,600 | | 20 % |
| Consolidated | | $ | 16,575 | | $ | 14,261 | | $ | 2,314 | | 16 % | | $ | 23,715 | | $ | 22,547 | | $ | 1,168 | | 5 % |
| | | | | | | | | | | | | | | | | | | | | | | |
Following is a summary of the changes in net (loss) earnings attributable to Century Casinos, Inc. shareholders by reportable segment for the three and six months ended June 30, 2025, compared to the three and six months ended June 30, 2024:
| | | Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders | ||||||||||||||||||||
| | | For the three months | | | | | | | For the six months | | | | | | ||||||||
| Amounts in | | ended June 30, | | | $ | | % | | ended June 30, | | | $ | | % | ||||||||
| thousands | | 2025 | | 2024 | | | Change | | Change | | 2025 | | 2024 | | | Change | | Change | ||||
| United States | | $ | (487) | | $ | (27,593) | | $ | 27,106 | | 98 % | | $ | (8,030) | | $ | (29,137) | | $ | 21,107 | | 72 % |
| Canada | | | 599 | | | 1,009 | | | (410) | | (41 %) | | | 533 | | | 2,146 | | | (1,613) | | (75 %) |
| Poland | | | 245 | | | (40) | | | 285 | | 713 % | | | 81 | | | (35) | | | 116 | | 331 % |
| Corporate and Other | | | (12,666) | | | (14,989) | | | 2,323 | | 16 % | | | (25,506) | | | (28,131) | | | 2,625 | | 9 % |
| Consolidated | | $ | (12,309) | | $ | (41,613) | | $ | 29,304 | | 70 % | | $ | (32,922) | | $ | (55,157) | | $ | 22,235 | | 40 % |
| | | | | | | | | | | | | | | | | | | | | | | |
Items deducted from or added to earnings (loss) from operations to arrive at net (loss) earnings attributable to Century Casinos, Inc. shareholders include interest income, interest expense, gains (losses) on foreign currency transactions and other, income tax (benefit) expense, and non-controlling interests.
Following is a summary of the changes in Adjusted EBITDAR** by reportable segment for the three and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024:
| | | Adjusted EBITDAR** | ||||||||||||||||||||
| | | For the three months | | | | | | | For the six months | | | | | | ||||||||
| Amounts in | | ended June 30, | | | $ | | % | | ended June 30, | | | $ | | % | ||||||||
| thousands | | 2025 | | 2024 | | | Change | | Change | | 2025 | | 2024 | | | Change | | Change | ||||
| United States | | $ | 25,693 | | $ | 25,037 | | $ | 656 | | 3 % | | $ | 44,092 | | $ | 44,175 | | $ | (83) | | — |
| Canada | | | 5,607 | | | 5,451 | | | 156 | | 3 % | | | 9,967 | | | 10,599 | | | (632) | | (6 %) |
| Poland | | | 1,942 | | | 450 | | | 1,492 | | 332 % | | | 2,488 | | | 1,208 | | | 1,280 | | 106 % |
| Corporate and Other | | | (2,938) | | | (3,490) | | | 552 | | 16 % | | | (6,088) | | | (7,285) | | | 1,197 | | 16 % |
| Consolidated | | $ | 30,304 | | $ | 27,448 | | $ | 2,856 | | 10 % | | $ | 50,459 | | $ | 48,697 | | $ | 1,762 | | 4 % |
| | | | | | | | | | | | | | | | | | | | | | | |
BALANCE SHEET AND LIQUIDITY
As of June 30, 2025, the Company had $85.5 million in cash and cash equivalents compared to $84.7 million at March 31, 2025 and $98.8 million at December 31, 2024. Cash and cash equivalents decreased compared to December 31, 2024 primarily due to purchases of property and equipment of $12.5 million. As of June 30, 2025, the Company had $338.1 million in outstanding debt compared to $339.6 million in outstanding debt at December 31, 2024. The outstanding debt as of June 30, 2025 included $335.1 million related to a term loan under the Company's credit agreement with Goldman Sachs Bank USA ("Goldman"), $0.8 million of bank debt related to Century Resorts Management GmbH ("CRM") and $2.2 million related to a revolving credit facility related to Casinos Poland ("CPL"). The Company also has a revolving line of credit with Goldman of up to $30.0 million. If the Company has aggregate outstanding revolving loans, swingline loans and letters of credit greater than $10.5 million under the credit agreement with Goldman as of the last day of any fiscal quarter, it is required to maintain a Consolidated First Lien Net Leverage Ratio of 5.50 to 1.00 or less for such fiscal quarter. As of June 30, 2025, the Consolidated First Lien Net Leverage Ratio exceeded 5.50 to 1.00, but the Company had no outstanding revolving loans, swingline loans or letters of credit under the credit agreement with Goldman. The Company also has a $712.9 million long-term financing obligation under its master lease with subsidiaries of VICI Properties, Inc. (the "Master Lease").
CONFERENCE CALL INFORMATION
Today the Company will post a copy of its quarterly report on Form 10-Q filed with the SEC for the quarter ended June 30, 2025 on its website at www.cnty.com/investor/financials/sec-filings/. The Company will also post its current presentation, which may be used in one or more meetings with current and potential investors from time to time, at the Company's website under www.cnty.com/investor/presentations/.
The Company will host its second quarter 2025 earnings conference call today, Thursday, August 7, 2025 at 10:00 am EDT / 8:00 am MDT. U.S. domestic participants should dial 888-999-6281. For all international participants, please use 848-280-6550 to dial-in. The conference ID is 'Casinos'. Participants may listen to the call live at https://app.webinar.net/3Nkqekp74Vm or obtain a recording of the call on the Company's website until August 31, 2025 at www.cnty.com/investor/financials/financial-results/.
| * Amounts presented are rounded. As such, rounding differences could occur in period over period changes and percentages reported. |
| ** Adjusted EBITDAR and Adjusted EBITDAR margin are Non-US GAAP financial measures. See discussion and reconciliation of Non-US GAAP financial measures in Supplemental Information below. |
| CENTURY CASINOS, INC. AND SUBSIDIARIES UNAUDITED FINANCIAL INFORMATION – US GAAP BASIS | ||||||||||||
| Condensed Consolidated Statements of Loss | | | | | | | | | | | | |
| | For the three months | For the six months | ||||||||||
| | ended June 30, | ended June 30, | ||||||||||
| Amounts in thousands, except for per share information | | 2025 | | 2024 | | 2025 | | 2024 | ||||
| Operating revenue: | | | | | | | | | | | | |
| Net operating revenue | | $ | 150,818 | | $ | 146,435 | | $ | 281,261 | | $ | 282,451 |
| Operating costs and expenses: | | | | | | | | | | | | |
| Total operating costs and expenses | | | 134,243 | | | 132,174 | | | 257,546 | | | 259,904 |
| Earnings from operations | | | 16,575 | | | 14,261 | | | 23,715 | | | 22,547 |
| Non-operating (expense) income, net | | | (24,898) | | | (23,655) | | | (50,435) | | | (47,621) |
| Loss before income taxes | | | (8,323) | | | (9,394) | | | (26,720) | | | (25,074) |
| Income tax expense | | | (1,250) | | | (29,619) | | | (1,732) | | | (25,633) |
| Net loss | | | (9,573) | | | (39,013) | | | (28,452) | | | (50,707) |
| Net earnings attributable to non-controlling interests | | | (2,736) | | | (2,600) | | | (4,470) | | | (4,450) |
| Net loss attributable to Century Casinos, Inc. shareholders | | $ | (12,309) | | $ | (41,613) | | $ | (32,922) | | $ | (55,157) |
| | | | | | | | | | | | | |
| Net loss per share attributable to Century Casinos, Inc. shareholders: | ||||||||||||
| Basic | | $ | (0.40) | | $ | (1.36) | | $ | (1.08) | | $ | (1.81) |
| Diluted | | $ | (0.40) | | $ | (1.36) | | $ | (1.08) | | $ | (1.81) |
| | | | | | | | | | | | | |
| Weighted average common shares | | | | | | | | | | | | |
| Basic | | | 30,565 | | | 30,683 | | | 30,624 | | | 30,551 |
| Diluted | | | 30,565 | | | 30,683 | | | 30,624 | | | 30,551 |
| Condensed Consolidated Balance Sheets | | | | | | |
| | | June 30, | | December 31, | ||
| Amounts in thousands | | 2025 | | 2024 | ||
| Assets | | | | | | |
| Current assets | | $ | 119,292 | | $ | 135,549 |
| Property and equipment, net | | | 916,120 | | | 922,146 |
| Other assets | | | 173,039 | | | 168,617 |
| Total assets | | $ | 1,208,451 | | $ | 1,226,312 |
| | | | | | | |
| Liabilities and Equity | | | | | | |
| Current liabilities | | $ | 84,230 | | $ | 86,044 |
| Non-current liabilities | | | 1,074,022 | | | 1,058,264 |
| Century Casinos, Inc. shareholders' equity (deficit) | | | (41,493) | | | (9,300) |
| Non-controlling interests | | | 91,692 | | | 91,304 |
| Total liabilities and equity | | $ | 1,208,451 | | $ | 1,226,312 |
| CENTURY CASINOS, INC. AND SUBSIDIARIES UNAUDITED SUPPLEMENTAL INFORMATION | |||||||||||||||
| Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.
| |||||||||||||||
| | For the three months ended June 30, 2025 | ||||||||||||||
| Amounts in thousands | | | United | | | Canada | | | Poland | | | Corporate | | | Total |
| Net (loss) earnings attributable to Century Casinos, Inc. shareholders | | $ | (487) | | $ | 599 | | $ | 245 | | $ | (12,666) | | $ | (12,309) |
| Interest expense (income), net (1) | | | 13,082 | | | 3,338 | | | 49 | | | 9,469 | | | 25,938 |
| Income tax expense | | | 223 | | | 748 | | | 241 | | | 38 | | | 1,250 |
| Depreciation and amortization | | | 11,010 | | | 1,074 | | | 741 | | | 18 | | | 12,843 |
| Net earnings attributable to non-controlling interests | | | 1,840 | | | 772 | | | 124 | | | — | | | 2,736 |
| Non-cash stock-based compensation | | | — | | | — | | | — | | | 195 | | | 195 |
| (Gain) loss on foreign currency transactions, cost recovery income and other (2) | | | — | | | (922) | | | (210) | | | 8 | | | (1,124) |
| Loss (gain) on disposition of fixed assets | | | 25 | | | (2) | | | 11 | | | — | | | 34 |
| Pre-opening and termination expenses | | | — | | | — | | | 741 | | | — | | | 741 |
| Adjusted EBITDAR | | $ | 25,693 | | $ | 5,607 | | $ | 1,942 | | $ | (2,938) | | $ | 30,304 |
| | |
| (1) | See "Summary of Interest Expense (Income), Net" below for a breakdown of interest expense (income), net and "Cash Rent Payments" below for more information on the rent payments related to the Master Lease. |
| (2) | Includes $1.0 million related to cost recovery income for Century Downs Racetrack and Casino ("CDR") in the Canada segment. |
| | | | | | | | | | | | | | | | |
| | For the three months ended June 30, 2024 | ||||||||||||||
| Amounts in thousands | | | United | | | Canada | | | Poland | | | Corporate | | | Total |
| Net (loss) earnings attributable to Century Casinos, Inc. shareholders | | $ | (27,593) | | $ | 1,009 | | $ | (40) | | $ | (14,989) | | $ | (41,613) |
| Interest expense (income), net (1) | | | 11,694 | | | 3,152 | | | (20) | | | 10,257 | | | 25,083 |
| Income tax expense | | | 28,225 | | | 456 | | | 87 | | | 851 | | | 29,619 |
| Depreciation and amortization | | | 10,803 | | | 1,088 | | | 515 | | | 43 | | | 12,449 |
| Net earnings (loss) attributable to non-controlling interests | | | 1,776 | | | 843 | | | (19) | | | — | | | 2,600 |
| Non-cash stock-based compensation | | | — | | | — | | | — | | | 343 | | | 343 |
| (Gain) loss on foreign currency transactions and cost recovery income (2) | | | — | | | (1,098) | | | (189) | | | 5 | | | (1,282) |
| Loss on disposition of fixed assets | | | 132 | | | 1 | | | 116 | | | — | | | 249 |
| Adjusted EBITDAR | | $ | 25,037 | | $ | 5,451 | | $ | 450 | | $ | (3,490) | | $ | 27,448 |
| | |
| (1) | See "Summary of Interest Expense (Income), Net" below for a breakdown of interest expense (income), net and "Cash Rent Payments" below for more information on the rent payments related to the Master Lease. |
| (2) | Includes $1.1 million related to cost recovery income for CDR in the Canada segment. |
| CENTURY CASINOS, INC. AND SUBSIDIARIES UNAUDITED SUPPLEMENTAL INFORMATION | |||||||||||||||
| Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.
| |||||||||||||||
| | For the six months ended June 30, 2025 | ||||||||||||||
| Amounts in thousands | | | United | | | Canada | | | Poland | | | Corporate | | | Total |
| Net (loss) earnings attributable to Century Casinos, Inc. shareholders | | $ | (8,030) | | $ | 533 | | $ | 81 | | $ | (25,506) | | $ | (32,922) |
| Interest expense (income), net (1) | | | 26,189 | | | 6,546 | | | 91 | | | 18,768 | | | 51,594 |
| Income tax expense | | | 223 | | | 964 | | | 331 | | | 214 | | | 1,732 |
| Depreciation and amortization | | | 22,016 | | | 2,073 | | | 1,111 | | | 36 | | | 25,236 |
| Net earnings attributable to non-controlling interests | | | 3,623 | | | 805 | | | 42 | | | — | | | 4,470 |
| Non-cash stock-based compensation | | | — | | | — | | | — | | | 486 | | | 486 |
| Gain on foreign currency transactions, cost recovery income and other (2) | | | — | | | (952) | | | (205) | | | (86) | | | (1,243) |
| Loss (gain) on disposition of fixed assets | | | 71 | | | (2) | | | 15 | | | — | | | 84 |
| Pre-opening and termination expenses | | | — | | | — | | | 1,022 | | | — | | | 1,022 |
| Adjusted EBITDAR | | $ | 44,092 | | $ | 9,967 | | $ | 2,488 | | $ | (6,088) | | $ | 50,459 |
| | |
| (1) | See "Summary of Interest Expense (Income), Net" below for a breakdown of interest expense (income), net and "Cash Rent Payments" below for more information on the rent payments related to the Master Lease. |
| (2) | Includes $1.0 million related to cost recovery income for CDR in the Canada segment. |
| | | | | | | | | | | | | | | | |
| | For the six months ended June 30, 2024 | ||||||||||||||
| Amounts in thousands | | | United | | | Canada | | | Poland | | | Corporate | | | Total |
| Net (loss) earnings attributable to Century Casinos, Inc. shareholders | | $ | (29,137) | | $ | 2,146 | | $ | (35) | | $ | (28,131) | | $ | (55,157) |
| Interest expense (income), net (1) | | | 23,440 | | | 6,061 | | | (55) | | | 20,765 | | | 50,211 |
| Income tax expense (benefit) | | | 24,705 | | | 1,184 | | | 238 | | | (494) | | | 25,633 |
| Depreciation and amortization | | | 21,093 | | | 2,237 | | | 1,053 | | | 97 | | | 24,480 |
| Net earnings (loss) attributable to non-controlling interests | | | 3,553 | | | 914 | | | (17) | | | — | | | 4,450 |
| Non-cash stock-based compensation | | | — | | | — | | | — | | | 846 | | | 846 |
| Gain on foreign currency transactions, cost recovery income and other (2) | | | — | | | (1,907) | | | (333) | | | (350) | | | (2,590) |
| Loss (gain) on disposition of fixed assets | | | 521 | | | (36) | | | 357 | | | 1 | | | 843 |
| Acquisition costs | | | — | | | — | | | — | | | (19) | | | (19) |
| Adjusted EBITDAR | | $ | 44,175 | | $ | 10,599 | | $ | 1,208 | | $ | (7,285) | | $ | 48,697 |
| | |
| (1) | See "Summary of Interest Expense (Income), Net" below for a breakdown of interest expense (income), net and "Cash Rent Payments" below for more information on the rent payments related to the Master Lease. |
| (2) | Includes $1.1 million related to cost recovery income for CDR in the Canada segment. |
| CENTURY CASINOS, INC. AND SUBSIDIARIES UNAUDITED SUPPLEMENTAL INFORMATION | ||||||||||||
| Reconciliation of Caruthersville Adjusted EBITDAR* to Net Earnings Attributable to Century Casinos, Inc. Shareholders. | ||||||||||||
| | ||||||||||||
| Amounts in thousands | | | Q4 2024 (1) | | | Q1 2025 | | | Q2 2025 | | | Total |
| Net earnings attributable to Century Casinos, Inc. shareholders | | $ | 1,070 | | $ | 1,497 | | $ | 1,185 | | $ | 3,752 |
| Interest expense (income), net | | | 1,906 | | | 3,051 | | | 3,165 | | | 8,122 |
| Income tax expense | | | 129 | | | — | | | 223 | | | 352 |
| Depreciation and amortization | | | 869 | | | 1,508 | | | 1,512 | | | 3,889 |
| Loss on disposition of fixed assets | | | 3 | | | — | | | 23 | | | 26 |
| Adjusted EBITDAR | | $ | 3,977 | | $ | 6,056 | | $ | 6,108 | | $ | 16,141 |
| | | | | | | | | | | | | |
| Amounts in thousands | | | Q4 2023 (2) | | | Q1 2024 | | | Q2 2024 | | | Total |
| Net earnings (loss) attributable to Century Casinos, Inc. shareholders | | $ | 436 | | $ | 1,468 | | $ | (1,375) | | $ | 529 |
| Interest expense (income), net | | | 1,277 | | | 1,928 | | | 1,849 | | | 5,054 |
| Income tax expense | | | 261 | | | 494 | | | 3,053 | | | 3,808 |
| Depreciation and amortization | | | 691 | | | 1,046 | | | 1,063 | | | 2,800 |
| Loss on disposition of fixed assets | | | 20 | | | 3 | | | 116 | | | 139 |
| Adjusted EBITDAR | | $ | 2,685 | | $ | 4,939 | | $ | 4,706 | | $ | 12,330 |
| |
| (1) Results for November 1, 2024 to December 31, 2024. |
| (2) Results for November 1, 2023 to December 31, 2023. |
| Net Earnings (Loss) Margins and Adjusted EBITDAR Margins*
| | | | | | | |||||||
| | | | | For the three months | | | For the six months | ||||||
| | | | | ended June 30, | | | ended June 30, | ||||||
| | | | | 2025 | | | 2024 | | | 2025 | | | 2024 |
| United States | Net Operating Revenue | | $ | 106,104 | | $ | 106,515 | | $ | 199,401 | | $ | 202,543 |
| | Net Earnings (Loss) Margin | | | (1 %) | | | (26 %) | | | (4 %) | | | (14 %) |
| | Adjusted EBITDAR Margin Für dich aus unserer Redaktion zusammengestelltDein Kommentar zum Artikel im Forum Jetzt anmelden und diskutieren
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