Acquired by DraftKings (NASDAQ:DKNG) in May 2022
GNOG - Golden Nugget Online Gaming, Inc.
NASDAQ
->
Consumer Cyclical
->
Gambling
Houston,
United States
Type: Equity
GNOG price evolution
GNOG
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $169.29 | $204.4 | $204.08 | $208.92 |
| Short term investments | ||||
| Net receivables | $12.63 | $11.33 | $9.82 | $9.83 |
| Inventory | ||||
| Total current assets | $183.61 | $217.01 | $215.33 | $220.3 |
| Long term investments | ||||
| Property, plant & equipment | $2.47 | $1.83 | $0.83 | $0.57 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $74.14 | $71.94 | $62.51 | $61.31 |
| Total investments | ||||
| Total assets | $257.75 | $288.96 | $277.84 | $281.62 |
| Current liabilities | ||||
| Accounts payable | $19.95 | $26.03 | $18.8 | $18.26 |
| Deferred revenue | $6.52 | $7.31 | $8.32 | $8.3 |
| Short long term debt | $0.62 | $0.4 | ||
| Total current liabilities | $89.49 | $110.11 | $90.56 | $88.75 |
| Long term debt | $134.98 | $134.2 | $132.94 | $132.31 |
| Total noncurrent liabilities | $190.16 | $224.3 | $204.75 | $213.94 |
| Total debt | $135.6 | $134.59 | $132.94 | $132.31 |
| Total liabilities | $279.65 | $334.4 | $295.32 | $302.69 |
| Shareholders' equity | ||||
| Retained earnings | -$501.35 | -$757.47 | -$580.18 | -$601.95 |
| Other shareholder equity | ||||
| Total shareholder equity | -$336.83 | -$595.34 | -$421.43 | -$446.24 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 30 Jan 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $169.29 | $132.43 | $1.59 | |
| Short term investments | ||||
| Net receivables | $12.63 | $6.37 | $4.89 | |
| Inventory | ||||
| Total current assets | $183.61 | $140.43 | $1.61 | |
| Long term investments | $319.9 | |||
| Property, plant & equipment | $2.47 | $0.61 | $0.72 | |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $74.14 | $38.3 | $319.9 | |
| Total investments | $319.9 | |||
| Total assets | $257.75 | $178.72 | $321.52 | |
| Current liabilities | ||||
| Accounts payable | $19.95 | $12.82 | $0.29 | |
| Deferred revenue | $6.52 | $9.09 | $2.11 | |
| Short long term debt | $0.62 | |||
| Total current liabilities | $89.49 | $80.05 | $0.95 | |
| Long term debt | $134.98 | $141.73 | ||
| Total noncurrent liabilities | $190.16 | $347.24 | $11.07 | |
| Total debt | $135.6 | $141.73 | ||
| Total liabilities | $279.65 | $427.29 | $12.02 | |
| Shareholders' equity | ||||
| Retained earnings | -$501.35 | -$866.18 | $2.5 | |
| Other shareholder equity | -$0 | |||
| Total shareholder equity | -$336.83 | -$866.18 | $5 | |
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $34.17 | $35.64 | $31.69 | $26.75 |
| Cost of revenue | $17.33 | $17.01 | $14.74 | $12.12 |
| Gross Profit | $16.84 | $18.63 | $16.95 | $14.63 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $21.71 | $24.48 | $23.83 | $20.45 |
| Total operating expenses | $25.38 | $27.32 | $23.87 | $20.49 |
| Operating income | -$8.54 | -$8.68 | -$6.93 | -$5.86 |
| Income from continuing operations | ||||
| EBIT | $31.13 | -$21.94 | $6.72 | $80.57 |
| Income tax expense | -$0.8 | -$1.36 | -$1.64 | -$0.48 |
| Interest expense | $5.21 | $5.18 | $5.09 | $5.71 |
| Net income | ||||
| Net income | $26.72 | -$25.76 | $3.26 | $75.34 |
| Income (for common shares) | $26.72 | -$25.76 | $3.26 | $75.34 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 30 Jan 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $128.24 | $91.12 | $55.42 | |
| Cost of revenue | $61.2 | $36.39 | ||
| Gross Profit | $67.05 | $54.73 | $55.42 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $90.47 | $25.91 | $0.49 | |
| Total operating expenses | $97.06 | $30.24 | $0.49 | |
| Operating income | -$30.01 | $24.49 | -$0.49 | |
| Income from continuing operations | ||||
| EBIT | $96.49 | $56.04 | $3.16 | |
| Income tax expense | -$4.28 | -$7.65 | $0.66 | |
| Interest expense | $21.19 | $38.49 | $0.01 | |
| Net income | ||||
| Net income | $79.57 | $25.2 | $2.5 | |
| Income (for common shares) | $79.57 | $25.2 | $2.5 | |
| (in millions $) | 31 Dec 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Net income | $26.72 | -$25.76 | $3.26 | $75.34 |
| Operating activities | ||||
| Depreciation | $0.1 | $0.08 | $0.04 | $0.04 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $3.29 | $3.38 | $3.04 | $2.29 |
| Total cash flows from operations | -$33.66 | $0.65 | -$5.04 | -$25.12 |
| Investing activities | ||||
| Capital expenditures | -$0.45 | -$0.33 | -$0.29 | -$0.01 |
| Investments | ||||
| Total cash flows from investing | -$0.45 | -$0.33 | -$0.29 | -$0.01 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$0.03 | -$1.62 | -$10.62 | |
| Total cash flows from financing | -$1 | $0.49 | $101.61 | |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$35.11 | $0.32 | -$4.84 | $76.49 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 30 Jan 2019 |
|---|---|---|---|---|
| Net income | $79.57 | $25.2 | $2.5 | |
| Operating activities | ||||
| Depreciation | $0.26 | $0.19 | ||
| Business acquisitions & disposals | ||||
| Stock-based compensation | $11.99 | $0.04 | ||
| Total cash flows from operations | -$63.17 | -$4.9 | -$0.32 | |
| Investing activities | ||||
| Capital expenditures | -$1.08 | -$0.06 | ||
| Investments | -$316.25 | |||
| Total cash flows from investing | -$1.08 | -$0.06 | -$316.25 | |
| Financing activities | ||||
| Dividends paid | -$30.54 | -$10.78 | ||
| Sale and purchase of stock | $316.26 | |||
| Net borrowings | -$12.27 | $129.84 | -$0.08 | |
| Total cash flows from financing | $101.11 | $98.46 | $318.16 | |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $36.86 | $93.5 | $1.59 | |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $128.24M |
|---|---|
| EBITDA | $96.74M |
| EBIT | $96.49M |
| Net Income | $79.57M |
| Revenue Q/Q | 48.36% |
| Revenue Y/Y | 161.95% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 28.77% |
| ROE | -17.68% |
| Debt/Equity | -0.83 |
|---|---|
| Net debt/EBITDA | 1.14 |
| Current ratio | 2.05 |
| Quick ratio | 2.05 |