← STUDIO CITY INTERNATIONAL HOLDINGS 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 | $424.5m |
$539.8m
+27.16%
|
$571.2m
+5.82%
|
$626.7m
+9.72%
|
$49.2m
-92.15%
|
$106.9m
+117.18%
|
$11.5m
-89.19%
|
$445.5m
+3758.14%
|
$639.1m
+43.45%
|
$694.6m
+8.67%
|
$709.6m
+2.16%
|
|
| Cost of revenue | ($166.5m) |
($130.2m)
+21.77%
|
($123.8m)
+4.94%
|
($136.8m)
-10.47%
|
($74.8m)
+45.31%
|
($76.2m)
-1.90%
|
($73.0m)
+4.27%
|
($171.1m)
-134.54%
|
($222.5m)
-30.05%
|
($226.6m)
-1.84%
|
$226.7m
+200.03%
|
|
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $78.8m |
$172.5m
+119.06%
|
$223.9m
+29.75%
|
$228.6m
+2.12%
|
$226.7m
-0.84%
|
|
| Net Interest Income | — | — | — | — | — | — | ($86.3m) |
($119.3m)
-38.17%
|
($130.1m)
-9.07%
|
($127.2m)
+2.26%
|
($124.7m)
+1.95%
|
|
| Gross Profit | $258.0m |
$409.6m
+58.72%
|
$447.4m
+9.24%
|
$490.0m
+9.51%
|
($25.6m)
-105.22%
|
$30.7m
+219.79%
|
($67.2m)
-319.27%
|
$273.0m
+506.19%
|
$415.3m
+52.11%
|
$466.0m
+12.20%
|
$482.9m
+3.63%
|
|
| General and administrative | ($135.1m) | ($130.5m) | ($132.6m) | ($128.9m) | ($89.0m) | ($87.6m) | ($79.8m) | ($115.2m) | ($171.3m) | ($183.4m) | $188.4m | |
| Other Operating Expenses | — | — | — | — | — | — | $3.3m | $17.5m | $807k | $510k | — | |
| Total operating costs and expenses | ($479.3m) | ($459.4m) | ($433.4m) | ($448.7m) | ($329.1m) | ($298.4m) | ($288.8m) | ($474.6m) | ($601.0m) | ($624.5m) | — | |
| Total non-operating expenses, net | ($187.5m) | ($157.1m) | ($158.1m) | ($134.0m) | ($126.2m) | ($110.9m) | ($83.7m) | ($117.1m) | ($136.6m) | ($126.7m) | — | |
| Operating Income (Loss) | ($54.8m) |
$80.5m
+246.90%
|
$137.9m
+71.36%
|
$178.0m
+29.11%
|
($279.9m)
-257.27%
|
($191.6m)
+31.56%
|
($277.2m)
-44.71%
|
($29.0m)
+89.52%
|
$38.1m
+231.35%
|
$70.0m
+83.60%
|
$82.8m
+18.23%
|
|
| Interest expense, net of amounts capitalized | ($159.2m) | ($159.9m) | ($160.5m) | ($132.3m) | ($104.8m) | ($91.0m) | ($92.4m) | ($129.6m) | ($133.6m) | ($126.3m) | $123.8m | |
| Interest income | $1.2m | $2.2m | $3.6m | $5.9m | $1.3m | $3.1m | $6.4m | $10.7m | $4.1m | $914k | $806k | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($86.3m) | ($119.3m) | ($130.1m) | ($127.2m) | ($124.7m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.4m) | $466k | $2.0m | ($4.0m) | ($3.4m) | $6.3m | $2.4m | $642k | ($5.5m) | $462k | — | |
| Gain On Sale Of Security | ($3.4m) | $466k | $2.0m | ($4.0m) | ($3.4m) | $6.3m | $2.4m | $642k | ($5.5m) | $462k | $6.9m | |
| Other Nonoperating Income (Expense) | $1.2m | $574k | ($197k) | $430k | ($81k) | $0 | $249k | ($67k) | $0 | $0 | — | |
| Other expenses, net | $1.2m | $574k | ($197k) | $430k | ($81k) | $0 | $249k | ($67k) | $0 | $0 | — | |
| Other Income Expense | — | — | — | — | — | — | $2.6m | $2.2m | ($6.5m) | $462k | $6.9m | |
| Pre-Tax Income | ($242.3m) | ($76.7m) | ($20.2m) | $44.0m | ($406.1m) | ($302.5m) | ($360.9m) | ($146.2m) | ($98.5m) | ($56.7m) | ($35.0m) | |
| Loss before income tax | ($242.3m) | ($76.7m) | ($20.2m) | $44.0m | ($406.1m) | ($302.5m) | ($360.9m) | ($146.2m) | ($98.5m) | ($56.7m) | — | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $7.5m | $7.7m | $8.7m | |
| Income Tax Expense (Benefit) | ($474k) | ($239k) | $544k | $402k | ($1.0m) | ($457k) | $382k | ($81k) | $7.4m | $7.6m | $8.7m | |
| Net loss | ($242.8m) | ($76.4m) | ($20.7m) | $43.6m | ($405.1m) | ($302.0m) | ($361.3m) | ($146.1m) | ($105.8m) | ($64.3m) | — | |
| Net loss attributable to participation interest | $0 | $0 | ($853k) | ($10.1m) | $83.5m | $49.4m | $34.9m | $12.6m | $9.1m | $5.5m | — | |
| Net loss attributable to Studio City International Holdings Limited | ($242.8m) | ($76.4m) | ($21.6m) | $33.6m | ($321.6m) | ($252.6m) | ($326.5m) | ($133.5m) | ($96.7m) | ($58.8m) | — | |
| Net Income From Continuing And Discontinued Operation | ($242.8m) | ($76.4m) | ($21.6m) | $33.6m | ($321.6m) | ($252.6m) | ($326.5m) | ($133.5m) | ($96.7m) | ($58.8m) | ($38.2m) | |
| Net Income Continuous Operations | ($242.8m) | ($76.4m) | ($20.7m) | $43.6m | ($405.1m) | ($302.0m) | ($361.3m) | ($146.1m) | ($105.8m) | ($64.3m) | ($43.7m) | |
| Earnings Per Share, Basic | — | — | ($0.11) | $0.14 | ($1.09) | ($0.68) | ($0.46) | ($0.17) | ($0.13) | ($0.08) | ($0.20) | |
| Earnings Per Share, Diluted | ($1.34) | ($0.42) | ($0.11) | $0.14 | ($1.10) | ($0.68) | ($0.46) | ($0.17) | ($0.13) | ($0.08) | ($0.20) | |
| Basic | — | — | $191,533,455.00 | $241,818,016.00 | $294,837,092.00 | $370,352,700.00 | $710,582,947.00 | $770,352,700.00 | $770,352,700.00 | $770,352,700.00 | ($0.20) | |
| Diluted | — | — | $191,533,455.00 | $241,818,016.00 | $367,348,852.00 | $370,352,700.00 | $783,094,707.00 | $770,352,700.00 | $770,352,700.00 | $770,352,700.00 | ($39,935,000.00) | |
| Basic Average Shares | — | — | — | — | — | — | $177.6m | $192.6m | $192.6m | $192.6m | $192.6m | |
| Diluted Average Shares | — | — | — | — | — | — | $195.8m | $192.6m | $192.6m | $192.6m | $192.6m | |
| Additional Financial Items | ||||||||||||
| Lease Income | — | — | — | — | — | — | — | — | — | $13.1m | — | |
| Amortization of land use right | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | ($3.3m) | — | |
| Depreciation and amortization | ($168.5m) | ($173.0m) | ($164.6m) | ($168.6m) | ($157.0m) | ($124.3m) | ($123.7m) | ($166.1m) | ($201.7m) | ($208.7m) | $211.3m | |
| Property charges and other | ($1.8m) | ($22.2m) | ($4.5m) | ($8.5m) | ($4.8m) | ($6.0m) | ($5.8m) | ($1.4m) | ($1.3m) | ($2.0m) | — | |
| Foreign exchange gains (losses), net | ($3.4m) | $466k | $2.0m | ($4.0m) | ($3.4m) | $6.3m | $2.4m | $642k | ($5.5m) | $462k | — | |
| (Loss) gain on extinguishment of debt | ($17.4m) | $0 | ($2.5m) | ($3.0m) | ($18.7m) | ($28.8m) | $0 | $1.6m | ($1.0m) | $0 | — | |
| Amortization | — | — | — | — | — | $3.3m | $3.3m | — | — | — | $3.3m | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | — | — | $127.0m | $169.4m | $205.1m | $212.0m | $211.3m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | — | — | $127.0m | $169.4m | $205.1m | $212.0m | $211.3m | |
| Depreciation Income Statement | — | — | — | — | — | — | $127.0m | $169.4m | $205.1m | $212.0m | $211.3m | |
| Diluted EPS | — | — | — | — | — | — | ($1.84) | ($0.69) | ($0.50) | ($0.30) | ($0.20) | |
| Diluted NI Availto Com Stockholders | ($242.8m) | ($76.4m) | ($21.6m) | $33.6m | ($321.6m) | ($252.6m) | ($326.5m) | ($133.5m) | ($96.7m) | ($58.8m) | ($39.9m) | |
| Minority Interests | $0 | $0 | ($853k) | ($10.1m) | $83.5m | $49.4m | $34.9m | $12.6m | $9.1m | $5.5m | $48.0m | |
| Normalized EBITDA | — | — | — | — | — | — | ($144.0m) | $150.5m | $246.7m | $281.1m | $300.2m | |
| Normalized Income | — | — | — | — | — | — | ($328.6m) | ($135.8m) | ($91.0m) | ($59.2m) | ($42.3m) | |
| Other Gand A | — | — | — | — | — | — | $79.8m | $115.2m | $171.3m | $183.4m | — | |
| Other Special Charges | — | — | — | — | — | $28.8m | — | ($1.6m) | $1.0m | — | — | |
| Reconciled Depreciation | — | — | — | — | — | — | $127.0m | $169.4m | $205.1m | $212.0m | $211.3m | |
| Selling General And Administration | — | — | — | — | — | — | $79.8m | $115.2m | $171.3m | $183.4m | — | |
| Special Income Charges | ($17.4m) | $0 | ($2.5m) | ($3.0m) | ($18.7m) | ($28.8m) | $0 | $1.6m | ($1.0m) | $0 | $0 | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | $287k | $2k | ($780k) | $55k | $2.8m | |
| Tax Provision | ($474k) | ($239k) | $544k | $402k | ($1.0m) | ($457k) | $382k | ($81k) | $7.4m | $7.6m | $8.7m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $260.2m | $265.4m | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $1.2m | $438k | $361k | — | — | — | — | |
| Pre-opening costs | ($4.0m) | ($116k) | ($4.5m) | ($2.6m) | ($201k) | ($984k) | ($3.3m) | ($17.5m) | ($807k) | ($510k) | — | |
| Other financing costs | — | — | ($419k) | ($416k) | ($421k) | ($419k) | ($417k) | ($417k) | ($592k) | ($1.8m) | — | |
| Operating Expense | — | — | — | — | — | — | $210.0m | $302.1m | $377.1m | $395.9m | $400.1m | |
| Total Unusual Items | — | — | — | — | — | — | $2.4m | $2.3m | ($6.5m) | $462k | $6.9m | |
| Total Expenses | — | — | — | — | — | — | $288.8m | $474.6m | $601.0m | $624.5m | $626.8m | |
| Total Other Finance Cost | — | — | — | — | — | — | $417k | $417k | $592k | $1.8m | $1.7m |