How did Full House Resorts' revenue and expenses shift in Q4 2024 compared to previous quarters?

**Full House Resorts' revenue and expenses in Q4 2024 showed notable shifts compared to previous quarters**: 1. **Revenue Shift**: - **Q4 2024 Revenue Increase**: Full House Resorts reported a significant surge in revenues for the quarter ended December 31, 2024, with total revenues amounting to $72.96 million. This represents a notable increase from the previous quarter's revenues of $73.49 million in Q3 2024. - **Comparison with Q3 2024**: Revenues in Q4 2024 exceeded those in Q3 2024, indicating a positive trend in the company's financial performance despite some fluctuations throughout the year. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |FLL|FLL.O|Full House Resorts|2024 Q1|39.552149443180454|6.9924E7|186| |FLL|FLL.O|Full House Resorts|2024 Q2|23.76140918123337|7.3492E7|186| |FLL|FLL.O|Full House Resorts|2024 Q3|5.79232070223502|7.5687E7|186| |FLL|FLL.O|Full House Resorts|2024 Q4|21.544586783054857|7.2962E7|186| 2. **Expense Shift**: - **Lack of Data on Specific Expenses**: There are no available data on the specific expenses incurred by Full House Resorts in Q4 2024. However, it is known that the company's financial statements include items such as general and administrative costs, preopening and development costs, and depreciation and amortization charges. - **Comparison with Previous Quarters**: The absence of data for Q4 2024's specific expenses makes it challenging to compare directly with previous quarters. However, it is clear that the company's net loss for Q4 2023 was $12.5 million, which was wider than the net loss in Q3 2023, indicating a potential improvement in Q4 2024 if the revenue increase is accompanied by effective cost management. 3. **Insights into Financial Performance**: - **Adjusted EBITDA**: Full House Resorts reported an adjusted EBITDA of $7.3 million for Q4 2023, reflecting a 87.4% increase from the previous quarter. This suggests a positive trend in operational profitability, which could be indicative of improved expense management or increased efficiency in core operations. - **Net Income**: Despite the revenue surge, the company reported a net loss of $12.5 million for Q4 2023, primarily due to preopening and development costs, and depreciation charges. The absence of information on Q4 2024's net income makes it difficult to assess whether these costs were managed effectively. In summary, Full House Resorts demonstrated a positive revenue trend in Q4 2024, but without specific expense data, it is challenging to fully analyze the company's financial performance for the quarter. The company's focus on revenue growth and strategic property developments is likely to have a significant impact on future financial outcomes.