Balance SheetAmple cash on the balance sheet and no debt maturities until 2029 provide the company room to operate and execute on its long-term outlook.
Business MomentumManagement is seeing green shoots across several areas within its business, indicating positive momentum.
Capital ExpenditureThe opening of the land-based facility in Caruthersville, MO, marked the end of a robust capex cycle, and the company should start to see returns across its newly refurbished assets.
Financial PerformanceThe company is on a path to generate positive free cash flow, with expectations of $11M in 2025E and $29M in 2026E.