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Mar 31, 2022
Century Casinos Q1 2022 Earnings Report
Century Casinos' first quarter results were announced, showing significant revenue growth and increased profitability.
Key Takeaways
Century Casinos reported a strong first quarter with a 42% increase in net operating revenue, a 58% increase in earnings from operations, and a 115% increase in net earnings attributable to shareholders. The company also completed the first portion of its acquisition of the Nugget Casino Resort.
Net operating revenue increased by 42% to $103.1 million compared to Q1 2021.
Earnings from operations rose by 58% to $13.0 million year-over-year.
Net earnings attributable to Century Casinos shareholders increased by 115% to $0.2 million.
Adjusted EBITDA increased by 62% to $23.8 million compared to the same period last year.
Century Casinos
Century Casinos
Century Casinos Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comCanada Revenue
CapyFin.comPoland Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income