Century Casinos, Inc. (OQ:CNTY)

Business Focus: Casinos

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
See Regulatory Filings on SEC
Company Contact
Address: 455 E Pikes Peak Ave Ste 210
Tel: 1-719-6895813
Website: https://www.cnty.com
IR: See website
Key People
Erwin Haitzmann
Chairman of the Board, Co-Chief Executive Officer
Peter Hoetzinger
Vice Chairman of the Board, President, Co-Chief Executive Officer
Margaret Stapleton
Executive Vice President, Principal Financial/Accounting Officer and Corporate Secretary
Andreas Terler
Chief Information Officer, Vice President - Operations
Nikolaus Strohriegel
Vice President of Operations
Business Overview
Century Casinos, Inc. is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc. (Century Bets). The United States segment comprises Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek. The Poland segment consists of Casinos Poland. The Corporate and Other segment comprises Cruise Ships and other. The Company owns casino operations in North America; holds interest in casinos throughout Poland; holds a racetrack and entertainment center (REC) in Canada and the pari-mutuel off-track betting network in southern Alberta; manages a casino in Aruba, and provides gaming services in Argentina.
Financial Overview
For the six months ended 30 June 2019, Century Casinos, Inc. revenues increased 22% to $98.1M. Net income decreased 60% to $503K. Revenues reflect Canada segment increase of 28% to $38.3M, Poland segment increase of 25% to $39.9M. Net income was offset by General and administrative increase of 25% to $37M (expense), Depreciation and amortization increase of 13% to $4.9M (expense).
Employees: 1,757 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $264.23M as of Jun 30, 2019
Annual revenue (TTM): $186.73M as of Jun 30, 2019
EBITDA (TTM): $21.17M as of Jun 30, 2019
Net annual income (TTM): $2.65M as of Jun 30, 2019
Free cash flow (TTM): -$23.49M as of Jun 30, 2019
Net Debt Last Fiscal Year: $26.29M as of Jun 30, 2019
Shares outstanding: 29,448,179 as of Aug 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization