FULL HOUSE RESORTS INC FLL

Consumer discretionary SIC 7011 - Hotels & Motels NAICS Accommodation and Food Services › Accommodation › Traveler Accommodation derived Nasdaq

Formed as a Delaware corporation in 1987, Full House Resorts, Inc. owns, leases, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. Headquartered in Las Vegas, Nevada, we have operations domestically in Nevada, Colorado, Illinois, Indiana, and Mississippi.

We currently operate six casinos: five on real estate that we own or lease, and one located within a hotel owned by a third party. Additionally, we currently benefit from two active sports wagering websites (referred to as skins), one in Indiana and one in Illinois.

In February 2023, we opened our temporary American Place facility. We have begun the design work for the permanent gaming facility that we plan to build on adjoining land.

Last close 0.87 2026-10-23
Market cap $31.9M 2026-06-30 share count
52-week range 0.78 - 3.37

Valuation FY2025 figures against the last close

P/S0.1x
P/E—
P/FCF—
EV/EBITDA10.2x
Dividend yield—
Diluted EPS-1.12

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • Midwest and South
  • West
  • Contracted Sports Wagering
Revenue by segment, 3 categories over 2 years. The same figures are in the table below. FY2025 Midwest and South, FY2025: 231.5M (76.5%) 77% Midwest and South West, FY2025: 63.6M (21.0%) 21% West Contracted Sports Wagering, FY2025: 7.3M (2.4%) FY2024 Midwest and South, FY2024: 219.6M (75.2%) 75% West, FY2024: 63.6M (21.8%) 22% Contracted Sports Wagering, FY2024: 8.8M (3.0%)
Segment FY2025FY2024
Midwest and South $231.5M $219.6M
West $63.6M $63.6M
Contracted Sports Wagering $7.3M $8.8M

As the company reported it, from the “SEGMENT REPORTING - Selected Statement of Operations Data (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $302.4M$292.1M$241.1M$163.3M$180.2M$125.6M$165.4M$163.9M$161.3M$146.0M
Cost of revenue $20.2M$22.7M$19.4M———————
Gross profit $282.2M$269.4M$221.7M———————
SG&A $109.7M$104.1M$85.7M$59.7M$60.0M$47.6M$56.1M$54.4M$53.5M$49.8M
Total operating expenses $248.7M$238.1M$188.0M$150.6M$142.6M$115.1M$159.2M$156.5M$154.2M$139.8M
Operating income $3.1M$2.8M-$1.2M$12.7M$37.6M$10.5M$6.2M$7.4M$7.1M$6.2M
Interest expense —————$9.8M$10.7M$10.3M$10.9M$9.5M
Pre-tax income -$39.7M-$40.5M-$23.8M-$14.8M$12.1M$55.0K-$5.7M-$3.9M-$5.2M-$4.5M
Income tax $530.0K$221.0K$1.1M$31.0K$435.0K$92.0K$80.0K$476.0K$150.0K$630.0K
Net income -$40.2M-$40.7M-$24.9M-$14.8M$11.7M$147.0K-$5.8M-$4.4M-$5.0M-$5.1M
EPS, basic -1.12-1.16-0.72-0.430.360.01-0.22-0.17-0.22—
EPS, diluted -1.12-1.16-0.72-0.430.330.01-0.22-0.23-0.22-0.26
Shares, diluted (wtd. avg.) 36.0M35.0M34.5M34.4M34.9M27.8M27.0M26.5M22.9M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $40.7M$40.2M$73.8M$191.2M$265.3M$37.7M$29.9M$20.6M$19.9M$27.0M
Receivables $3.7M$5.1M$5.3M$4.1M$4.7M$4.9M$2.2M$2.0M$1.8M$1.9M
Inventory $2.0M$2.1M$1.8M$1.5M$1.7M$1.5M$2.3M$1.4M$1.7M$1.3M
Total current assets $53.0M$53.4M$84.6M$202.9M$275.4M$46.6M$37.7M$27.0M$26.2M$33.1M
Property, plant and equipment ——————$121.5M$122.1M$114.1M$111.5M
Goodwill $19.5M$19.5M$21.3M$21.3M$21.3M$21.3M$21.3M$21.3M$21.3M$21.3M
Other intangibles $108.9M$96.1M$76.3M$10.9M$10.9M$11.0M$11.1M$11.1M$10.9M$11.0M
Total assets $649.8M$673.3M$688.5M$595.3M$473.8M$212.6M$211.3M$182.3M$173.5M$177.2M
Accounts payable $8.1M$8.4M$12.8M$4.6M$3.9M$4.2M$5.2M$5.9M$5.2M$4.9M
Short-term debt —————$426.0K$1.1M$1.0M$1.0M$1.7M
Total current liabilities $73.5M$67.5M$78.6M$65.7M$38.1M$24.3M$25.2M$21.6M$18.6M$18.1M
Long-term debt $473.6M$468.1M$465.2M$401.9M$301.6M$106.8M$102.9M$94.2M$93.6M$94.2M
Total liabilities $647.3M$632.8M$610.6M$495.5M$361.1M$155.9M$155.2M$120.9M$121.4M$120.7M
Retained earnings -$115.5M-$75.3M-$34.6M-$9.7M$5.1M-$6.6M-$6.8M-$939.0K$1.8M$6.9M
Total equity $2.5M$40.5M$77.8M$99.8M$112.7M$56.7M$56.1M$61.3M$53.6M$56.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $10.0M$13.8M$22.3M$4.4M$29.5M$9.0M$10.5M$9.8M$7.1M$7.9M
Depreciation and amortisation $42.6M$42.1M$31.1M$7.9M$7.2M$7.7M$8.3M$8.4M$8.6M$7.9M
Stock-based compensation $1.7M$2.9M$2.9M$1.7M$966.0K$405.0K$348.0K$632.0K$525.0K$409.0K
Capital expenditure $12.7M$52.6M$148.6M$170.9M$37.0M$2.6M$8.1M$17.1M$11.1M$3.5M
Investing cash flow -$10.3M-$45.7M-$198.8M-$172.1M-$37.2M-$2.6M-$8.7M-$17.4M-$11.2M-$28.5M
Financing cash flow $801.0K-$1.5M$59.0M$93.6M$235.3M$1.5M$7.4M$8.3M-$3.1M$33.1M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000891482-26-000018.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M 400M Revenue, FY2016: 146M Net income, FY2016: -5.1M Revenue, FY2017: 161.3M Net income, FY2017: -5M Revenue, FY2018: 163.9M Net income, FY2018: -4.4M Revenue, FY2019: 165.4M Net income, FY2019: -5.8M Revenue, FY2020: 125.6M Net income, FY2020: 147K Revenue, FY2021: 180.2M Net income, FY2021: 11.7M Revenue, FY2022: 163.3M Net income, FY2022: -14.8M Revenue, FY2023: 241.1M Gross profit, FY2023: 221.7M Net income, FY2023: -24.9M Revenue, FY2024: 292.1M Gross profit, FY2024: 269.4M Net income, FY2024: -40.7M Revenue, FY2025: 302.4M Gross profit, FY2025: 282.2M Net income, FY2025: -40.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $146.0M $161.3M $163.9M $165.4M $125.6M $180.2M $163.3M $241.1M $292.1M $302.4M
Gross profit — — — — — — — $221.7M $269.4M $282.2M
Net income -$5.1M -$5.0M -$4.4M -$5.8M $147.0K $11.7M -$14.8M -$24.9M -$40.7M -$40.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 7011

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MGM MGM Resorts International $7.06B 36.9x 1.7%
CZR Caesars Entertainment, Inc. $5.87B — 2.1%
WH WYNDHAM HOTELS & RESORTS, INC. $5.37B 29.0x 1.8%