Melco Resorts & Entertainment LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $4.5b
$5.3b +16.94%
$5.2b -2.39%
$5.7b +11.21%
$1.7b -69.88%
$2.0b +16.46%
$1.3b -32.92%
$3.8b +179.65%
$4.6b +22.86%
$5.2b +11.32%
$5.3b +2.60%
Cost of revenue ($3.1b)
($3.6b) -14.10%
($3.3b) +6.65%
($3.6b) -9.69%
($1.5b) +57.71%
($1.5b) +3.03%
($1.1b) +28.71%
($2.4b) -122.17%
($3.0b) -25.36%
($3.2b) -8.95%
$3.3b +203.73%
Gross Profit $1.4b
$1.7b +23.21%
$1.8b +6.34%
$2.1b +13.95%
$189.5m -90.97%
$520.6m +174.68%
$286.5m -44.96%
$1.4b +393.01%
$1.7b +18.67%
$1.9b +15.50%
$2.0b +0.72%
Selling, General and Administrative Expense $446.6m $467.1m $500.6m $559.5m $424.4m $426.4m $423.2m $488.1m $568.7m $657.4m $682.0m
Amortization of Intangible Assets $57.2m $57.2m $56.8m $56.8m $57.4m $57.3m $32.8m $0 $0
Operating Expenses $724.4m $815.2m $851.1m $941.8m $836.3m $812.5m $743.7m $977.1m $4.6b
Total operating costs and expenses ($4.2b) ($4.7b) ($4.5b) ($5.0b) ($2.7b) ($2.6b) ($2.1b) ($3.7b) ($4.2b) ($4.6b)
Total non-operating expenses, net ($288.0m) ($292.3m) ($273.4m) ($345.1m) ($517.0m) ($376.1m) ($348.8m) ($466.9m) ($491.0m) ($452.1m)
Operating Income (Loss) $363.1m
$607.6m +67.33%
$626.8m +3.16%
$747.7m +19.28%
($940.6m) -225.80%
($577.5m) +38.61%
($743.1m) -28.69%
$65.0m +108.74%
$484.6m +646.05%
$600.4m +23.89%
$671.3m +11.81%
Interest expense, net of amounts capitalized ($223.6m) ($229.6m) ($264.9m) ($310.1m) ($340.8m) ($350.5m) ($376.7m) ($492.4m) ($486.7m) ($464.9m) $457.2m
Interest income $6.0m $3.6m $5.5m $9.3m $5.1m $6.6m $26.5m $23.3m $15.8m $8.5m $6.6m
Foreign Currency Transaction Gain (Loss), before Tax $7.4m $12.8m ($9.6m) ($10.8m) ($2.1m) $4.6m $3.9m $2.2m ($15.5m) $8.7m
Other Nonoperating Income (Expense) $3.6m $5.3m $3.7m ($23.9m) ($151.0m) $3.1m $3.9m $2.7m $3.8m $3.0m
Other income, net $3.6m $5.3m $3.7m ($23.9m) ($151.0m) $3.1m $3.9m $2.7m $3.8m $3.0m ($20.4m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $75.1m $315.3m $353.4m $402.6m ($1.5b) ($953.6m) ($1.1b) ($401.9m) ($6.3m) $148.3m $193.9m
Current Income Tax Expense (Benefit) $7.6m $4.9m $3.5m $7.1m $11.0m $6.0m $3.1m $19.9m $20.5m $21.6m $5.3m
Income Tax Expense (Benefit) $8.2m ($10k) ($445k) $8.3m ($2.9m) $2.9m $5.2m $13.4m $21.6m $2.8m $5.3m
Net Income (Loss) Attributable to Parent $175.9m
$347.0m +97.27%
$351.5m +1.30%
$373.2m +6.16%
($1.3b) -438.58%
($811.8m) +35.75%
($930.5m) -14.63%
($326.9m) +64.87%
$43.5m +113.32%
$185.0m +324.97%
$229.3m +23.94%
Net loss attributable to noncontrolling interests $109.0m $31.7m ($2.3m) ($21.1m) $191.1m $144.7m $166.6m $88.4m $71.5m $39.6m
Net Income (Loss) Attributable to Noncontrolling Interest ($109.0m) ($31.7m) $2.3m $21.1m ($191.1m) ($144.7m) ($166.6m) ($88.4m) ($71.5m) ($39.6m) $229.3m
Earnings Per Share, Basic $0.12 $0.24 $0.24 $0.26 ($0.88) ($0.57) ($0.67) ($0.25) $0.03 $0.15 $0.59
Earnings Per Share, Diluted $0.12 $0.23 $0.24 $0.26 ($0.88) ($0.57) ($0.67) ($0.25) $0.03 $0.15 $0.58
Common Stock, Dividends, Per Share, Declared $0.24 $0.56 $0.19 $0.21 $0.06 $0.00 $0.00 $0.00 $0.00 $0.00
Weighted Average Number of Shares Outstanding, Basic 1.5b 1.5b 1.5b 1.4b 1.4b 1.4b 1.4b 1.3b 1.3b 1.2b 391.4m
Weighted Average Number of Shares Outstanding, Diluted 1.5b 1.5b 1.5b 1.4b 1.4b 1.4b 1.4b 1.3b 1.3b 1.2b 394.6m
Additional Financial Items
Goodwill, Impairment Loss $13.9m $0 $0 $0 $0 $57.9m
Lease Income $52.4m
Share-based Payment Arrangement, Expensed and Capitalized, Amount $57.3m $71.1m $74.5m $36.4m $28.5m $30.3m
Payments to the Philippine Parties ($34.4m) ($51.7m) ($60.8m) ($57.4m) ($13.0m) ($26.4m) ($28.9m) ($42.5m) ($41.9m) ($37.2m)
Pre-opening costs ($3.9m) ($2.3m) ($37.4m) ($4.8m) ($1.3m) ($4.2m) ($15.6m) ($44.0m) ($20.9m) ($50.6m)
Development costs ($95k) ($31.1m) ($23.0m) ($57.4m) ($25.6m) ($30.7m) $0 ($1.2m) ($5.4m) ($7.6m)
Amortization of land use rights ($22.8m) ($22.8m) ($22.6m) ($22.7m) ($22.9m) ($22.8m) ($22.7m) ($22.7m) ($20.0m) ($20.0m)
Depreciation and amortization ($472.2m) ($460.5m) ($484.6m) ($571.7m) ($538.2m) ($499.7m) ($466.5m) ($520.7m) ($521.6m) ($523.6m) $554.2m
Property charges and other ($5.3m) ($31.6m) ($29.1m) ($20.8m) ($47.2m) ($30.6m) ($40.0m) ($228.4m) ($13.2m) ($39.5m)
Other financing costs ($7.5m) ($6.1m) ($4.6m) ($2.7m) ($8.0m) ($11.0m) ($6.4m) ($4.4m) ($7.4m) ($6.7m)
Foreign exchange gains (losses), net $7.4m $12.8m ($9.6m) ($10.8m) ($2.1m) $4.6m $3.9m $2.2m ($15.5m) $8.7m
(Loss) gain on extinguishment of debt ($17.4m) ($49.3m) ($3.5m) ($6.3m) ($20.0m) ($28.8m) $0 $1.6m ($1.0m) ($756k)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.