Empire Resorts is a gaming and entertainment company. Its subsidiary, Monticello Raceway Management owns and operates the Monticello Casino & Raceway in Monticello, NY. The Company is also involved in the conducting pari-mutuel wagering on the running of live harness horse races; import simulcasting of harness and thoroughbred horse races from racetracks across the United States and internationally; and export simulcasting of races to offsite pari-mutuel wagering facilities.

Type
Public
HQ
Monticello, US
Founded
1958
Size (employees)
277 (est)
Empire Resorts was founded in 1958 and is headquartered in Monticello, US
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Empire Resorts Office Locations

Empire Resorts has an office in Monticello
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Empire Resorts Financials and Metrics

Empire Resorts Financials

Empire Resorts's revenue was reported to be $67.45 m in FY, 2016
USD

Revenue (Q1, 2017)

14.8 m

Net income (Q1, 2017)

(11.5 m)

EBIT (Q1, 2017)

(6.4 m)

Market capitalization (5-Feb-2018)

748 m

Cash (3-Feb-2018)

7.8 m
Empire Resorts's current market capitalization is $748 m.
Annual
USDFY, 2016

Revenue

67.5 m

General and administrative expense

19.7 m

Operating expense total

19.7 m

EBIT

(23.7 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

16.2 m18.8 m14.5 m17.9 m19.5 m16.2 m17.4 m18.5 m14.8 m

General and administrative expense

2.9 m2.7 m2.8 m3 m3 m3.6 m6.5 m5.2 m3.7 m

Operating expense total

2.9 m2.7 m2.8 m3 m3 m3.6 m6.5 m5.2 m3.7 m

EBIT

(7.3 m)(2.3 m)(3.4 m)(7 m)(12.5 m)(4.8 m)(7 m)(5.4 m)(6.4 m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

7.5 m6.4 m6.4 m11 m

Accounts Receivable

1.2 m1 m1.2 m921 k

Inventories

3 m4.3 m4.8 m4.3 m

Current Assets

12.8 m13.5 m13.8 m17.3 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

14.9 m9.2 m4.6 m6.4 m6 m12.9 m11.8 m9.1 m7.8 m

Accounts Receivable

413 k837 k1.1 m1.1 m1 m967 k758 k822 k763 k

Current Assets

20.4 m16.6 m11.2 m13.2 m13.4 m21 m18.1 m15.9 m13.6 m

PP&E

25.6 m25.8 m26.2 m26 m25.9 m25.5 m25.4 m25.6 m27.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(21.5 m)(23.9 m)(36.6 m)(24.2 m)

Depreciation and Amortization

1.4 m1.3 m1.4 m1.3 m

Inventories

(184 k)(1.3 m)(544 k)506 k

Accounts Payable

(251 k)(350 k)(962 k)1 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(10.3 m)(4.8 m)(4 m)(11.7 m)(24.8 m)(5.2 m)(12.2 m)(17.6 m)(11.5 m)

Depreciation and Amortization

335 k321 k333 k674 k1 m336 k671 k1 m336 k

Accounts Payable

2.7 m1.8 m112 k232 k(103 k)912 k1.3 m1 m855 k

Cash From Operating Activities

(9.3 m)(17.4 m)(12.2 m)(15.3 m)(19.6 m)(4.7 m)
USDY, 2017

Revenue/Employee

53.3 k

Financial Leverage

2.8 x
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