Monarch Casino & Resort Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	520.2	497.64	479.91	459.09	378.87
Other Revenue	24.93	24.54	21.57	18.78	16.51
Revenue	545.13	522.19	501.48	477.87	395.38
Revenue Growth (YoY)	4.39%	4.13%	4.94%	20.86%	114.40%
Cost of Revenue	245.07	174.67	169.4	159.78	132.22
Gross Profit	300.05	347.52	332.08	318.09	263.16
Selling, General & Admin	109.38	108.29	105.82	97.6	84.43
Other Operating Expenses	-	66.77	62.91	58.52	45.63
Operating Expenses	163.4	226.41	216.02	199.55	168.48
Operating Income	136.66	121.1	116.05	118.54	94.68
Interest Expense	-	-0.1	-1.63	-2.42	-4.51
Interest & Investment Income	1.94	-	-	-	-
EBT Excluding Unusual Items	138.59	121	114.43	116.12	90.17
Gain (Loss) on Sale of Assets	-0.06	-0.2	-0.2	0.1	-
Legal Settlements	-9.03	-28.4	-6.9	-7.3	-4.8
Other Unusual Items	-0.07	-	-	-	-
Pretax Income	129.43	92.4	108.53	109.02	85.37
Income Tax Expense	28.04	19.63	26.08	21.54	16.88
Net Income	101.39	72.77	82.45	87.48	68.49
Net Income to Common	101.39	72.77	82.45	87.48	68.49
Net Income Growth	39.33%	-11.74%	-5.75%	27.73%	189.25%
Shares Outstanding (Basic)	18	19	19	19	19
Shares Outstanding (Diluted)	19	19	20	20	19
Shares Change (YoY)	-1.64%	-3.30%	0.20%	0.78%	2.91%
EPS (Basic)	5.55	3.91	4.28	4.61	3.68
EPS (Diluted)	5.43	3.84	4.20	4.47	3.53
EPS Growth	41.41%	-8.57%	-6.04%	26.63%	182.40%
Free Cash Flow	-	93.28	124.04	100.29	81.18
Free Cash Flow Per Share	-	4.92	6.32	5.12	4.18
Dividend Per Share	1.200	1.200	0.900	-	-
Dividend Growth	-	33.33%	-	-	-
Gross Margin	55.04%	66.55%	66.22%	66.56%	66.56%
Operating Margin	25.07%	23.19%	23.14%	24.81%	23.95%
Profit Margin	18.60%	13.94%	16.44%	18.31%	17.32%
Free Cash Flow Margin	-	17.86%	24.73%	20.99%	20.53%
EBITDA	191.11	172.26	163.35	161.98	133.11
EBITDA Margin	35.06%	32.99%	32.57%	33.89%	33.66%
D&A For EBITDA	54.46	51.16	47.29	43.43	38.43
EBIT	136.66	121.1	116.05	118.54	94.68
EBIT Margin	25.07%	23.19%	23.14%	24.81%	23.95%
Effective Tax Rate	21.66%	21.25%	24.03%	19.76%	19.78%
Revenue as Reported	545.13	522.19	501.48	477.87	395.38
Advertising Expenses	-	9.4	9	9.1	9.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.