Monarch Casino & Resort Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	72.77	82.45	87.48	68.49
Depreciation & Amortization	51.16	47.29	43.43	38.43
Other Amortization	0.2	-	-	0.99
Loss (Gain) From Sale of Assets	0.25	0.16	-0.07	0.14
Stock-Based Compensation	7.86	7.48	5.18	4.06
Provision & Write-off of Bad Debts	0.23	0.19	0.16	0.25
Other Operating Activities	-10.13	0.41	4.95	6.51
Change in Accounts Receivable	1.5	-2.62	-0.84	-5.39
Change in Inventory	-1.68	-0.06	-0.4	0.66
Change in Accounts Payable	18.15	8.67	-4.16	6.92
Change in Income Taxes	-0.52	23.98	1.96	-2.05
Change in Other Net Operating Assets	0.92	5.08	2.09	9.1
Operating Cash Flow	140.71	173.05	139.77	128.1
Operating Cash Flow Growth	-18.69%	23.81%	9.11%	307.40%
Capital Expenditures	-47.43	-49.01	-39.48	-46.93
Sale of Property, Plant & Equipment	0.11	0.17	0.44	0.02
Other Investing Activities	3.54	-2.39	-8.93	9.12
Investing Cash Flow	-43.79	-51.23	-47.97	-37.79
Long-Term Debt Issued	45.5	71.5	3	-
Long-Term Debt Repaid	-51	-73	-86	-92.5
Net Debt Issued (Repaid)	-5.5	-1.5	-83	-92.5
Issuance of Common Stock	8.22	2.57	9.84	8.13
Repurchase of Common Stock	-61.98	-5.49	-13.39	-0.73
Common Dividends Paid	-22.27	-17.21	-	-
Financing Cash Flow	-81.53	-117.24	-86.54	-85.1
Net Cash Flow	15.4	4.58	5.25	5.22
Free Cash Flow	93.28	124.04	100.29	81.18
Free Cash Flow Growth	-24.80%	23.68%	23.55%	-
Free Cash Flow Margin	17.86%	24.73%	20.99%	20.53%
Free Cash Flow Per Share	4.92	6.32	5.12	4.18
Cash Interest Paid	0.99	1.97	1.45	3.07
Cash Income Tax Paid	29.76	1.87	15.62	12.41
Levered Free Cash Flow	110.43	108.75	71.57	71.52
Unlevered Free Cash Flow	110.5	109.76	73.09	73.34
Change in Working Capital	18.37	35.06	-1.35	9.25

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