Own and operate casinos in multiple states across the United States. Develop and invest in casino and hospitality facilities. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
This company is not turning a profit, so the market is pricing its sales instead: 0.2× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 8% of them.
Analysts' average target sits 49% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
There is growth, but not at top-of-the-class tempo.
Clearly below the class average.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
An investor who bought at the very peak is down 84% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 14% a year on average.
Sales run at $302.4M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 39 buys and 25 sells. Management buying with its own money is usually read as a good sign.
A loss of $40.2M against $302.4M in annual sales.
At the current pace of spending, the cash lasts about 1 year. After that, the company needs to find new money.
On our five-subject report card, FLL sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FLL is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Analysts’ average target sits above today’s price, yet the valuation grade (8/100) says the stock isn’t cheap.