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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 498M | 0.4% |
| Gross Profit | 498M | 64.6% |
| Cost of Revenue | 186M | 3.5% |
| Operating expense | 105M | 34.7% |
| Net Income | 112M | 139.5% |
| EBITDA | 96M | 52.7% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 4.09B | 1% |
| Total Liabilities | 3.72B | 0.6% |
| Total Equity | 247M | 14.9% |
| Shares Outstanding | 103M | 0.1% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 126M | 14.8% |
| Cash from financing | -47M | 27.6% |
EPS
Financial Highlights for Red Rock Resorts in Q1 '25
Red Rock Resorts reported a revenue of 498M, which is a 0.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 498M, marking a 64.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 186M, a -3.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 105M, showing a -34.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 112M, showing a 139.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 96M, showing a -52.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Red Rock Resorts with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
