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Dec 31, 2020
Drive Shack Q4 2020 Earnings Report
Reported fourth quarter net income and positive adjusted EBITDA.
Key Takeaways
Drive Shack Inc. reported positive fourth quarter results with a net income of $9.9 million and adjusted EBITDA of $5.3 million, driven by strong momentum in both Drive Shack and American Golf businesses.
Total revenues were $60.3 million.
Net income was $9.9 million.
Adjusted EBITDA was $5.3 million, a $7.4 million improvement compared to the same quarter last year.
American Golf's traditional golf business generated total revenue of $53.1 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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