Filing Flows › Bally's (BALY) › Q4 2024
Bally's (BALY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Bally's (BALY) reported revenue of $580M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and -8% from the quarter before. Operating margin was -5.6%, net loss $85.8M (14.8% of revenue).
Bally's, Q4 2024: revenue $580M (-5% year over year), operating margin -5.6%, net loss $85.8M, operating cash flow $37.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580M | -8% | -5% |
| Operating profit | −$32.3M | — | — |
| Net earnings | −$85.8M | — | — |
| Operating cash flow | $37.8M | +4% | -46% |
What changed
Revenue was $580.4M in Q4 2024, down 5% year over year and down 8% from the previous quarter. Casinos & Resorts was the largest line at 56% of revenue.
Operating costs exceeded revenue by $32.3M, an operating margin of -5.6%. Total costs fell 34% while revenue fell 5%. The quarter ended with a net loss of $85.8M, narrower than the previous quarter's $247.9M loss.
Operating cash flow was $37.8M (down 46% year over year). Non-cash charges added back $106.9M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $13.6M. Capital expenditures of $44.1M exceeded it, leaving free cash flow of −$6.2M.
Questions
What was Bally's revenue in the fourth quarter 2024?
Bally's (BALY) reported revenue of $580M for the fourth quarter 2024 (Q4 2024), -5% from a year earlier and -8% from the quarter before.
Was Bally's profitable in the fourth quarter 2024?
Operating loss was $32.3M (-5.6% of revenue) and net loss $85.8M.
Source: Bally's 10-K on SEC EDGAR.