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Century Casinos (Century Casinos) Net Income : $-28.2 Mil (TTM As of Dec. 2023)


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What is Century Casinos Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Century Casinos's Net Income for the three months ended in Dec. 2023 was $-10.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-28.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Century Casinos's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.36.


Century Casinos Net Income Historical Data

The historical data trend for Century Casinos's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Century Casinos Net Income Chart

Century Casinos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.16 -48.00 20.62 7.98 -28.20

Century Casinos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.04 -1.24 -1.96 -14.18 -10.82

Century Casinos Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Century Casinos's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-23.832+5.343+0+-9.709
=-28.2

Century Casinos's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-12.411+3.994+0+-2.404
=-10.8

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Century Casinos  (NAS:CNTY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Century Casinos's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Century Casinos Net Income Related Terms

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Century Casinos (Century Casinos) Business Description

Traded in Other Exchanges
Address
455 East Pikes Peak Avenue, Suite 210, Colorado Springs, CO, USA, 80903
Century Casinos Inc is a casino entertainment company that develops and operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), and entertainment facilities in North America. The company has three reportable segments based on the geographical locations in which its casinos operate; United States; Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek in Colorado, Mountaineer Casino, Racetrack & Resort in West Virginia, and Century Casino Caruthersville, and Century Casino Cape Girardeau in Missouri, Canada; Century Casino & Hotel, Century Casino St. Albert, Century Mile Racetrack in Edmonton and Casino Century Downs Racetrack and Casino in Calgary, and Poland; Casinos Poland.
Executives
Peter Hoetzinger director, officer: Vice Chairman/Co CEO/President 200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Nikolaus Strohriegel officer: Vice President of Operations 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80908
Haitzmann Erwin Et Al director, officer: Chairman of the Board/Co CEO 2200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Andreas Terler officer: Vice President of Operations 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80908
Smith Geoffrey Donald Cumming officer: SENIOR V.P. OPERATIONS 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80903
Dinah Corbaci director ANZENGRUBERGASSE 24/25, VIENNA C4 1050
Timothy Allen Wright officer: Vice President - Controller 455 E PIKES PEAK AVE, SUITE 210, COLORADO SPRINGS CO 80903
Eduard M Berger director 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80903
Gottfried Schellmann director HANS WEIGELGASSE 5, MARIA ENZERSDORF C4 A-02340
Robert S Eichberg director 1801 CALIFORNIA ST, SUITE 4550, DENVER CO 80202
Margaret Stapleton officer: EVP/PFO 2860 SOUTH CIRCLE DRIVE, SUITE 350, COLORADO SPRINGS CO 80906
Larry Hannappel officer: CAO/Secretary/Treasurer 200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Christian Gernert officer: Chief Operating Officer 1263 LAKE PLAZA DRIVE, SUITE A, COLORADO SPRINGS CO 80906
Raymond W Sienko officer: Chief Accounting Officer 1263 A. LAKE PLAZA DR., COLORADO SPRINGS CO 80906
Miller Lloyd I Iii 10 percent owner