Century Casinos has reported a revenue dip at the end of the year, reporting its financials for the three- and 12-month periods ending December 31, 2024.
Net operating revenue was US$137.8m, a year-on-year decrease of four per cent against Q4 2023’s total of $143.8m.
Earnings from operations decreased 388 per cent year on year, from $12.6m in Q4 2023 to a loss of $36.2m in Q4 2024. Net loss was $64.9m, 500 per cent down from a loss of $10.8m in Q4 2023.
Adjusted EBITDAR for the quarter was $21m, down 17 per cent from $25.4m.
For the full year, net operating revenue actually climbed five per cent year-on-year to $575.9m.
However, earnings from operations were $4.3m, a 93 per cent year-on-year decrease from $64m in 2023. Net loss was $128.2m, 355 per cent down from a loss of $28.2m in 2023.
Adjusted EBITDAR for the year was $102.7m, down 10 per cent from $114m.
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