FULL HOUSE RESORTS Reports Positive Financial Results for Q2 FY2023

August 14, 2023

☀️Earnings Overview

FULL HOUSE RESORTS ($NASDAQ:FLL) reported their financial results for the second quarter of FY2023, ending on June 30 2023, with total revenue of USD 59.4 million, a 33.8% increase from the same period in the prior year. Net income for the quarter was USD -5.6 million, compared to the deficit of -4.4 million recorded in the same quarter of the preceding year.

Price History

On Tuesday, FULL HOUSE RESORTS reported positive financial results for the second quarter of the fiscal year 2023. The company’s stock opened at $6.1 and closed at $6.2, representing a slight increase in value for the day. Commentary from the company’s CEO highlighted the fact that these impressive results were largely driven by an increase in customer loyalty and an increase in the number of properties in their portfolio.

These figures indicate that FULL HOUSE RESORTS is continuing to strengthen its position in the hospitality industry despite the ongoing pandemic. Overall, investors should be encouraged by FULL HOUSE RESORTS’ positive financial results, which demonstrate that the company is well-positioned to grow and remain competitive in the years ahead. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for FLL. More…

    Total Revenues Net Income Net Margin
    186.96 -27.57 -14.8%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for FLL. More…

    Operations Investing Financing
    5.05 -172.11 93.62
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for FLL. More…

    Total Assets Total Liabilities Book Value Per Share
    674.5 585.36 2.59
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for FLL are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    13.3% 26.9% -3.5%
    FCF Margin ROE ROA
    -126.6% -4.5% -0.6%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we conducted an analysis of the fundamentals of FULL HOUSE RESORTS in order to help our clients make informed decisions about their investments. Based on our Risk Rating, we have determined that FULL HOUSE RESORTS is a medium risk investment. Through our analysis, we have identified four risk warnings in the income sheet, balance sheet, cashflow statement, and financial journal. These risk warnings could potentially have a negative impact on the overall financial health of FULL HOUSE RESORTS. If you would like more detailed information on these risk warnings, please register with GoodWhale and we will be happy to provide you with more information. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Full House Resorts Inc is in competition with Century Casinos Inc, Bloomberry Resorts Corp, Ballys Corp. These companies are all vying for a share of the gambling market. Full House Resorts Inc is a publicly traded company that owns, develops, and manages gaming properties across the United States. The company’s portfolio includes seven casinos, two horse racing tracks, and a hotel. Full House Resorts Inc is committed to providing an exceptional gaming experience for its guests. The company’s goal is to become the premier gambling destination in the United States.

    – Century Casinos Inc ($NASDAQ:CNTY)

    Century Casinos, Inc. operates as a gaming company in the United States, Canada, Poland, and South Africa. It operates through three segments: Casinos, Horse Racing, and Corporate. The Casinos segment owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado; Century Casino & Hotel in Edmonton, Alberta, Canada; Century Casino Bath in the United Kingdom; Century Pueblo Magico Hotel and Casino in Monterrey, Mexico; and Mountaineer Casino, Racetrack & Resort in Chester, West Virginia. The Horse Racing segment owns and operates live horse racing and pari-mutuel wagering properties in Alberta and West Virginia. The Corporate segment provides management services to casinos in North America and Europe. As of December 31, 2020, the company owned and operated 10 casinos comprising approximately 2,200 gaming machines, 80 table games, and 1,100 hotel rooms. It also owned and operated live horse racing and pari-mutuel wagering operations at 3 racetracks in 2 states; and owned and operated off-track betting network in Alberta.

    – Bloomberry Resorts Corp ($PSE:BLOOM)

    As of 2022, Burberry Resorts Corp has a market cap of 72.15B and a Return on Equity of 11.83%. The company operates in the leisure and hospitality industry, with a focus on luxury resorts. Burberry has a strong presence in Europe, the Middle East, and Asia Pacific, and is known for its high-end hotels and resorts. The company has been expanding its footprint in recent years, and its market cap reflects this growth. Burberry is a well-established company with a strong brand, and its market cap and ROE reflect this.

    – Ballys Corp ($NYSE:BALY)

    Bally’s Corporation, formerly known as Twin River Worldwide Holdings, Inc., is a gaming and entertainment company that owns and operates casinos, horse racing venues, and entertainment venues in the United States. The company has a market cap of $962.8 million and a return on equity of 3.13%. The company’s casinos include Bally’s Las Vegas, Harrah’s Cherokee Casino Resort, and Tropicana Atlantic City. The company also owns and operates horse racing venues in Kentucky and Rhode Island. In addition to its gaming and entertainment operations, Bally’s also owns and operates a number of food and beverage outlets, retail stores, and hotels.


    FULL HOUSE RESORTS reported impressive financial results for the second quarter of FY2023, with total revenue increasing 33.8% from the same period a year prior. Net income also increased, albeit negatively, from -4.4 million to -5.6 million. Investors looking at potential investments in the company should consider these figures and evaluate the future prospects of risks and rewards associated with investing in FULL HOUSE RESORTS. Factors such as market competition, regulatory environment, economic conditions, and technology are some of the key elements to consider before making a decision.

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