Full House Resorts (FLL) AI Stock Analysis

• Market Cap: $87.03M
• Dividend Yield: N/A
• Average Volume (3M): 179.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: 7.45%
• EPS Growth: 5.03%
• Country: US
• Employees: 1,685
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.21
• Shares Outstanding: 36,111,500
• 10 Day Avg. Volume: 179,957
• 30 Day Avg. Volume: 179,474
• PEG Ratio: -0.06
• Price to Book (P/B): 3.52
• Price to Sales (P/S): 0.49
• P/FCF Ratio: -3.68
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $2.50 ▲(2.04% Upside)

Full House Resorts shows revenue growth and improved leverage, but faces significant profitability and cash flow challenges. Technical indicators suggest a bearish trend, and valuation metrics are unattractive due to negative earnings. The earnings call provided some positive insights, particularly in specific properties, but overall challenges persist.

Positive Factors

Revenue Growth

The strong revenue growth at American Place indicates successful market penetration and customer engagement, supporting long-term expansion and profitability.

Cost Management

Effective cost management at Chamonix enhances operational efficiency, potentially leading to improved profit margins and sustainable financial health.

EBITDA Growth

Projected EBITDA growth at American Place reflects strong operational performance and strategic execution, which can drive long-term shareholder value.

Negative Factors

Profitability Challenges

Persistent profitability issues, as indicated by negative net margins, can hinder reinvestment capabilities and long-term financial stability.

Cash Flow Issues

Negative cash flow growth suggests liquidity constraints, limiting the company's ability to fund operations and invest in growth opportunities.

Debt Market Uncertainty

Uncertainty in securing financing for key projects can delay expansion plans, impacting the company's growth trajectory and competitive positioning.

Full House Resorts Business Overview & Revenue Model

Company Description

Full House Resorts, Inc. is a gaming and hospitality company that operates several casino properties across the United States. The company focuses on providing a unique gaming experience, alongside a range of amenities that include hotel accommodations, restaurants, and entertainment options. Full House Resorts strives to create engaging environments for its guests, catering to both casual and avid gamers while also supporting local economies through job creation and tourism.

How the Company Makes Money

Full House Resorts generates revenue primarily through its casino operations, which include gaming revenue from slot machines, table games, and sports betting. In addition to gaming, the company earns revenue from its hotels and restaurants, which cater to both gaming patrons and non-gaming visitors. The company also benefits from partnerships with various gaming technology providers and local businesses, enhancing its service offerings and driving additional foot traffic to its properties. Special events, promotions, and loyalty programs further contribute to customer retention and increased spending, thereby bolstering overall earnings.

Full House Resorts Financial Statement Overview

Summary

Full House Resorts is experiencing growth in revenue but faces significant profitability and cash flow challenges. The company has improved its leverage position, but negative profit margins and cash flow metrics indicate operational inefficiencies and potential liquidity risks. Continued focus on cost management and operational efficiency is crucial for future stability.

Income Statement

Full House Resorts shows a mixed performance in its income statement. The company has experienced revenue growth, with a 15.3% increase in TTM, but it continues to struggle with profitability, as evidenced by a negative net profit margin of -13.75%. The gross profit margin has decreased from previous years, indicating potential cost management issues. The EBIT and EBITDA margins are low, suggesting challenges in operational efficiency.

Balance Sheet

The balance sheet reflects a significant improvement in the debt-to-equity ratio, dropping to 0.10 in TTM from 13.03 the previous year, indicating better leverage management. However, the return on equity remains negative at -23.24%, highlighting ongoing profitability challenges. The equity ratio is relatively stable, suggesting a solid asset base.

Cash Flow

Cash flow analysis reveals concerns, with a negative free cash flow growth rate of -49.62% in TTM, indicating cash generation issues. The operating cash flow to net income ratio is low at 0.10, suggesting limited cash conversion efficiency. The free cash flow to net income ratio is also negative, reflecting ongoing cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	291.74M	292.06M	241.06M	163.28M	180.16M	125.59M
Gross Profit	103.27M	149.90M	131.42M	90.15M	98.99M	59.17M
EBITDA	21.61M	42.94M	31.26M	15.79M	41.67M	16.27M
Net Income	-40.13M	-40.67M	-24.90M	-14.80M	11.71M	147.00K
Balance Sheet
Total Assets	639.47M	673.33M	688.46M	595.33M	473.84M	212.62M
Cash, Cash Equivalents and Short-Term Investments	30.93M	40.22M	36.16M	56.59M	88.72M	37.70M
Total Debt	59.13M	527.67M	514.84M	424.06M	321.36M	129.24M
Total Liabilities	66.87M	632.84M	610.61M	495.54M	361.13M	155.94M
Stockholders Equity	572.60M	40.50M	77.85M	99.79M	112.72M	56.68M
Cash Flow
Free Cash Flow	4.82M	-38.74M	-176.77M	-166.56M	-7.49M	6.35M
Operating Cash Flow	12.77M	13.85M	22.34M	4.38M	29.50M	8.99M
Investing Cash Flow	-16.84M	-45.67M	-198.76M	-172.11M	-37.22M	-2.62M
Financing Cash Flow	1.40M	-1.50M	59.03M	93.62M	235.31M	1.48M

Full House Resorts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLL, the sentiment is Negative. The current price of 2.45 is below the 20-day moving average (MA) of 2.61, below the 50-day MA of 3.01, and below the 200-day MA of 3.76, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 44.65 is Neutral, neither overbought nor oversold. The STOCH value of 33.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLL.

Full House Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INSE	64 Neutral	$230.44M	4.07	―	―	4.03%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GDEN	52 Neutral	$746.03M	152.76	1.15%	3.51%	-12.25%	-84.89%
CPHC	49 Neutral	$78.83M	506.54	―	1.79%	-4.85%	-128.64%
FLL	46 Neutral	$87.03M	―	―	―	7.45%	5.03%
CNTY	45 Neutral	$55.84M	-0.54	-917.74%	―	-2.15%	-31.58%
ROLR	36 Underperform	$21.55M	-3.35	-605.39%	―	8.16%	-20.47%

Full House Resorts Corporate Events

Full House Resorts Reports Strong Q3 2025 Results

Full House Resorts, Inc. is a company that owns, leases, develops, and operates gaming facilities across the United States, including properties like American Place in Illinois and Chamonix Casino Hotel in Colorado. In the third quarter of 2025, Full House Resorts reported strong financial results, with a notable increase in revenues and operating income. The company’s consolidated revenues rose to $78.0 million, driven by the growth of its American Place Casino and Chamonix Casino Hotel. The net loss improved from the previous year, and Adjusted EBITDA saw a significant rise, reflecting the strong performance of these properties. Key highlights include a 14% revenue increase at American Place Casino and a substantial contribution from Chamonix/Bronco Billy’s. The Midwest & South segment, which includes American Place, showed robust growth, while the West segment benefited from improvements at Chamonix/Bronco Billy’s despite some disruptions. Looking ahead, Full House Resorts remains optimistic about its growth prospects, particularly with the development of its permanent American Place facility and the continued expansion of its operations in Colorado.

Full House Resorts Earnings Call Highlights Growth and Challenges

The recent earnings call for Full House Resorts presented a mixed sentiment, highlighting robust growth and performance at American Place, while also acknowledging challenges at other properties like Silver Slipper and Chamonix. The overall tone was optimistic about American Place’s achievements but tempered by the issues faced elsewhere.

Full House Resorts Reports Q2 2025 Earnings

Full House Resorts, Inc. operates gaming facilities across the United States, including notable properties such as American Place in Illinois and Silver Slipper Casino in Mississippi. The company is involved in the gaming and hospitality industry, with a focus on developing and managing casino and hotel properties.