Full House Resorts has projected a revenue range of $179.9m to $180.4m for its full year 2021 results, a potential rise of 43.6% year-on-year.
The projected full year 2021 results would be the company’s best results in eight years.
Operating income is set to lie between $36.9m and $38.1m, a significant rise of 262.8% from $10.5m generated in 2020.
Net income is expected to be between $10.9m and $12.6m, compared to $100,000 generated in 2020- a year heavily affected by the novel coronavirus (Covid-19) pandemic.
Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) is projected to lie between $46.6m and $47.8m, up 142.6% year-on-year. This includes $2.1m of corporate expenses that are not expected to reappear in subsequent years.
Meanwhile, the resort owner projected a revenue range between $43.0m and $43.5m for its fourth quarter 2021 results, a potential rise of 13.5% compared to Q4 2020.
Income from operations is projected to fall between $4.9m and $6.1m..