Filing Flows › Canterbury Park Holding (CPHC) › Q4 2024
Canterbury Park Holding (CPHC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Canterbury Park Holding (CPHC) reported revenue of $12.0M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and -38% from the quarter before. Operating margin was -0.8%, net loss $1.2M (10.4% of revenue).
Canterbury Park Holding, Q4 2024: revenue $12.0M (-4% year over year), operating margin -0.8%, net loss $1.2M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.0M | -38% | -4% |
| Operating profit | −$98K | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $12.0M in Q4 2024, down 4% year over year and down 38% from the previous quarter. Casino was the largest line at 75% of revenue.
Operating costs exceeded revenue by $98K, an operating margin of -0.8%. Total costs grew 1% against a revenue fall of 4%. The quarter ended with a net loss of $1.2M, after a profit of $2.0M the previous quarter. Net interest and other expense of $1.6M was the main reason.
Operating cash flow was −$2.8M. Non-cash charges added back $945K of depreciation and amortization and $153K of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$6.7M.
Questions
What was Canterbury Park Holding's revenue in the fourth quarter 2024?
Canterbury Park Holding (CPHC) reported revenue of $12.0M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and -38% from the quarter before.
Was Canterbury Park Holding profitable in the fourth quarter 2024?
Operating loss was $98K (-0.8% of revenue) and net loss $1.2M.