Dover Motorsports

Dover Motorsports, Inc. (NYSE: DVD) is a leading promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover International Speedway in Dover, Del. and Nashville Superspeedway near Nashville, Tenn. The company also plays host to the Firefly Music Festival which is produced by Red Frog Events and Goldenvoice.

Type
Public
HQ
Dover, US
Founded
1969
Size (employees)
54 (est)
Dover Motorsports was founded in 1969 and is headquartered in Dover, US

Dover Motorsports Office Locations

Dover Motorsports has an office in Dover
Dover, US (HQ)
1131 N Dupont Hwy

Dover Motorsports Data and Metrics

Dover Motorsports Financial Metrics

Dover Motorsports's revenue was reported to be $45.9 m in FY, 2016
USD

Net income (Q1, 2017)

(2.4 m)

EBIT (Q1, 2017)

(4.1 m)

Market capitalization (21-Jul-2017)

69.7 m

Cash (31-Mar-2017)

1 k
Dover Motorsports's current market capitalization is $69.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

46.2 m45.7 m46.5 m45.9 m

Revenue growth, %

(1%)2%(1%)

General and administrative expense

7.4 m

Operating expense total

41.5 m40 m40.6 m39.2 m

EBIT

4.7 m5.7 m8.8 m6.6 m

EBIT margin, %

10%12%19%14%

Interest expense

959 k467 k323 k199 k

Pre tax profit

5.3 m8.6 m6.4 m

Income tax expense

(1.9 m)(2.1 m)(3.3 m)(2.6 m)

Net Income

2 m3.1 m5.3 m3.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

24.3 m21.1 m10 k25.4 m25.3 m

General and administrative expense

1.8 m1.7 m1.9 m1.8 m2 m1.8 m2 m

Operating expense total

1.8 m1.7 m1.9 m1.8 m2 m1.8 m2 m

EBIT

8.4 m4.3 m(4.2 m)9.1 m(3.9 m)8.7 m(4.1 m)

EBIT margin, %

35%20%(41970%)36%35%

Interest expense

(99 k)(71 k)(147 k)(86 k)(59 k)(66 k)(48 k)

Pre tax profit

4.2 m(4.4 m)9.2 m(4 m)8.6 m(4.1 m)

Income tax expense

(3.4 m)(1.6 m)1.8 m(3.7 m)1.6 m(3.5 m)1.7 m

Net Income

2.7 m5.3 m(2.6 m)2.9 m1.5 m(2.3 m)2.7 m556 k(2.4 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4 k24 k1 k1 k

Accounts Receivable

28 k139 k173 k419 k

Inventories

114 k70 k72 k17 k

Current Assets

1.3 m27.5 m27.5 m27.5 m

PP&E

85.6 m58.2 m53.5 m52.7 m

Total Assets

88.1 m87.3 m82.4 m81.3 m

Accounts Payable

25 k889 k137 k347 k

Current Liabilities

4.7 m7.2 m4.6 m4.8 m

Total Liabilities

27.5 m

Common Stock

1.8 m

Additional Paid-in Capital

101.4 m101.5 m101.7 m101.9 m

Retained Earnings

(55.1 m)(53.7 m)(50.3 m)(48.3 m)

Total Equity

48.4 m48.1 m52 m53.8 m

Financial Leverage

1.8 x1.8 x1.6 x1.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

49 k89 k114 k480 k193 k153 k1 k215 k1 k

Accounts Receivable

11.9 m9.9 m1.7 m1.3 m368 k1.4 m1.6 m521 k1.4 m

Inventories

117 k84 k71 k116 k145 k71 k16 k16 k18 k

Current Assets

39.3 m36.9 m31.4 m29.1 m34.4 m30.9 m28.6 m34 m29 m

PP&E

58.3 m56.8 m56.8 m55.7 m54.4 m53.1 m53.5 m53.4 m52.3 m

Total Assets

98.8 m94.9 m89.6 m86.3 m90.3 m85.4 m83 m88.4 m82.4 m

Accounts Payable

458 k921 k322 k554 k260 k686 k647 k574 k352 k

Current Liabilities

10.6 m7 m11.4 m12.2 m10.1 m8.6 m7.5 m8.7 m7.4 m

Common Stock

1.8 m1.8 m1.8 m1.8 m

Additional Paid-in Capital

101.4 m101.5 m101.6 m101.6 m101.7 m101.8 m101.7 m101.8 m101.9 m

Retained Earnings

(52.3 m)(49.7 m)(56.4 m)(50.9 m)(52.3 m)(52.6 m)(47.6 m)(49.7 m)(50.7 m)

Total Equity

51.2 m53.8 m45.6 m51.2 m49.8 m49.7 m54.8 m52.7 m51.5 m

Financial Leverage

1.9 x1.8 x2 x1.7 x1.8 x1.7 x1.5 x1.7 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2 m3.1 m5.3 m3.8 m

Depreciation and Amortization

3.3 m3.3 m5.3 m3.4 m

Accounts Receivable

196 k(111 k)(34 k)(246 k)

Inventories

10 k44 k(2 k)55 k

Accounts Payable

(120 k)48 k64 k176 k

Cash From Operating Activities

8.1 m7.5 m7.1 m6.8 m

Capital Expenditures

(315 k)(3.1 m)(1.4 m)(2.6 m)

Cash From Investing Activities

(189 k)(1.5 m)(268 k)(2.7 m)

Dividends Paid

(1.8 m)(1.8 m)(1.8 m)(1.8 m)

Cash From Financing Activities

(8 m)(6 m)(6.8 m)(4.1 m)

Interest Paid

784 k550 k453 k367 k

Free Cash Flow

8.5 m10.6 m8.5 m4.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.7 m5.3 m(2.6 m)2.9 m1.5 m(2.3 m)2.7 m556 k(2.4 m)

Depreciation and Amortization

1.6 m2.4 m1.5 m3 m4.4 m896 k1.8 m2.6 m821 k

Accounts Receivable

(11.9 m)(9.9 m)(1.6 m)(1.2 m)(229 k)(1.3 m)(1.4 m)(348 k)(1 m)

Inventories

(3 k)30 k(1 k)(46 k)(75 k)1 k56 k56 k(1 k)

Accounts Payable

433 k679 k120 k348 k149 k422 k459 k(82 k)(184 k)

Cash From Operating Activities

(1.6 m)1.8 m(855 k)8.5 m631 k(1.1 m)6.3 m299 k(2.2 m)

Capital Expenditures

(322 k)(1.5 m)(753 k)(1.1 m)(1.4 m)(332 k)(1.7 m)(1.9 m)(235 k)

Cash From Investing Activities

(325 k)(1.5 m)46 k85 k(161 k)(333 k)(1.8 m)(2 m)(237 k)

Cash From Financing Activities

2 m(229 k)899 k(8.1 m)(301 k)1.6 m(4.6 m)1.9 m2.4 m

Interest Paid

318 k422 k126 k255 k354 k95 k199 k279 k86 k

Free Cash Flow

(1.9 m)318 k(1.6 m)7.3 m(726 k)(1.5 m)4.6 m(1.6 m)(2.4 m)
Y, 2017

Financial Leverage

1.6 x

Dover Motorsports Market Value History

Dover Motorsports Company Life and Culture

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