Dover Downs Gaming & Entertainment Revenue

Dover Downs Gaming & Entertainment revenue was $179.93 m in FY, 2018 which is a 1.7% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1969

Dover Downs Gaming & Entertainment Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

182.3m176.9m179.9m

Revenue growth, %

(3%)2%

Cost of goods sold

166.9m163.3m164.4m

Gross profit

15.4m13.6m15.6m

Gross profit Margin, %

8%8%9%

General and administrative expense

5.4m5.2m5.3m

Operating expense total

13.1m13.3m14.6m

Depreciation and amortization

7.7m8.2m8.2m

EBIT

2.3m233.0k905.0k

EBIT margin, %

1%0%1%

Interest expense

863.0k840.0k790.0k

Pre tax profit

1.4m(607.0k)417.0k

Income tax expense

632.0k461.0k387.0k

Net Income

786.0k(1.1m)30.0k

Dover Downs Gaming & Entertainment Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

11.7m10.7m10.9m

Accounts Receivable

3.5m3.6m4.3m

Inventories

1.9m1.9m2.0m

Current Assets

27.0m25.1m27.6m

PP&E

140.7m134.5m131.3m

Total Assets

170.3m161.8m160.7m

Accounts Payable

3.7m3.8m2.9m

Short-term debt

25.3m19.9m15.0m

Current Liabilities

46.7m39.6m39.5m

Total Debt

25.3m19.9m15.0m

Total Liabilities

54.6m47.1m46.4m

Common Stock

3.3m3.3m3.3m

Additional Paid-in Capital

5.7m5.9m6.0m

Retained Earnings

111.3m110.2m109.9m

Total Equity

115.7m114.7m114.3m

Debt to Equity Ratio

0.2 x0.2 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.5 x1.4 x1.4 x

Dover Downs Gaming & Entertainment Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

786.0k(1.1m)30.0k

Depreciation and Amortization

7.7m8.2m8.2m

Accounts Receivable

(581.0k)(50.0k)(740.0k)

Inventories

2.0k(18.0k)(47.0k)

Accounts Payable

149.0k232.0k274.0k

Cash From Operating Activities

10.4m6.7m10.0m

Purchases of PP&E

(2.8m)(2.2m)(4.8m)

Cash From Investing Activities

(2.8m)(2.2m)(4.8m)

Long-term Borrowings

(53.1m)(74.6m)(46.2m)

Cash From Financing Activities

(6.4m)(5.5m)(5.0m)

Net Change in Cash

1.2m(963.0k)150.0k

Interest Paid

778.0k780.0k755.0k

Income Taxes Paid

569.0k101.0k(207.0k)

Dover Downs Gaming & Entertainment Operating Metrics

FY, 2016FY, 2017FY, 2018

Members (Our Capital Club)

141 k127 k120 k

Poker Tables (Dover Downs Casino)

12 12 12

Rooms (Dover Downs Hotel and Conference Center)

500 500 500

Slot Machines (Dover Downs Casino)

2.30 k2.30 k2.20 k

Table Games (Dover Downs Casino)

40 40 40

Visitors (Dover Downs Casino)

1.90 m1.80 m1.80 m

Dover Downs Gaming & Entertainment Employee Rating

3.033 votes
Culture & Values
3.0
Work/Life Balance
3.2
Senior Management
2.7
Salary & Benefits
2.7
Career Opportunities
3.2
Source