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Gamehost Inc. (T:GH)

Business Focus: Casinos & Gaming (NEC)

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
 
Company Contact
Address: 104, 548 Laura Ave
RED DEER COUNTY AB T4E 0A5
Tel: N/A
Website: https://www.gamehost.ca
IR: See website
Key People
David J. Will
Chairman of the Board, President, Chief Executive Officer
Craig Thomas
Chief Financial Officer
Elston Noren
Chief Operating Officer
Darcy J. Will
Vice President, Secretary, Director
   
Business Overview
Gamehost Inc. operates hospitality and gaming properties in Alberta, Canada. The Company's segments include gaming, hotel, and food and beverage. The Gaming segment includes three casinos offering slot machines, electronic gaming tables, video lottery terminals, lottery ticket kiosks and table games. The Hotel segment provides full and limited-service hotels, banquet and convention services, and includes three hotels catering to mid-range clients. The Food and Beverage segment has operations that are located within the casinos and hotels. Its operations include the Deerfoot Inn & Casino in Calgary, Rivers Casino & Entertainment Centre in Fort McMurray, the Great Northern Casino, Service Plus Inns & Suites, and Encore Suites by Service Plus Inns, all located in Grande Prairie. The Company also owns an investment property located adjacent to its operating properties in Grande Prairie. Its subsidiaries include Gamehost Limited Partnership and Deerfoot Inn & Casino Inc.
Financial Overview
For the fiscal year ended 31 December 2023, Gamehost Inc revenues increased 20% to C$83.4M. Net income increased 66% to C$21.1M. Revenues reflect Gaming segment increase of 21% to C$48.7M, Food & Beverage segment increase of 22% to C$18.5M. Net income benefited from Finance income increase from C$100K to C$302K (income), Legal and Professional fees decrease of 30% to C$211K (expense). Dividend per share increased from C$0.30 to C$0.38.
Employees: 33 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $263.03M as of Dec 31, 2023
Annual revenue (TTM): $83.36M as of Dec 31, 2023
EBITDA (TTM): $34.65M as of Dec 31, 2023
Net annual income (TTM): $21.06M as of Dec 31, 2023
Free cash flow (TTM): $15.26M as of Dec 31, 2023
Net Debt Last Fiscal Year: $43.80M as of Dec 31, 2023
Shares outstanding: 21,326,343 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization