How did Monarch Casino's revenue and expenses trend in Q4 2024?

Monarch Casino's revenue and expenses in Q4 2024 showed a notable trend with the company's total revenue amounting to $293.81 million. Here's a detailed breakdown: 1. **Revenue by Business Segment**: The casino segment was the highest revenue contributor with $216.72 million, followed by the food and beverage segment at $127.47 million, and the hotel segment at $76.36 million. The other business segment contributed $24.54 million. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Other|2.4542E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Other|1.7913E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Other|1.0877E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Other|5284000|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Casino|6.9436E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Hotel|1.6774E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Food and Beverage|3.0163E7|185| |MCRI|MCRI.O|Monarch Casino|20240101-2024|Other|5284000|185| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|Operating Expenses|Net Income|market_code| |---|---|---|---|---|---|---|---|---| |MCRI|MCRI.O|Monarch Casino|2023 Q4|6.346651622751709|1.28186E8|||185| |MCRI|MCRI.O|Monarch Casino|2024 Q1|4.297692123041048|1.21657E8||1.8275E7|185| |MCRI|MCRI.O|Monarch Casino|2024 Q2|3.605992739503408|1.28143E8||2.2682E7|185| |MCRI|MCRI.O|Monarch Casino|2024 Q3|3.6911969315233337|1.37873E8||2.7601E7|185| |MCRI|MCRI.O|Monarch Casino|2024 Q4||||4211000|185| 2. **Net Income**: Despite the significant revenue, the net income for the quarter was $4.21 million. This indicates that while the company had a substantial revenue stream, it was also facing considerable expenses, as the net income is a measure of profit after all expenses have been deducted. 3. **Operating Expenses**: The operating expenses for the quarter were not provided in the report. However, it's important to note that operating expenses can significantly impact the net income. In the absence of specific figures, it's crucial to consider that these expenses are essential in understanding the company's overall financial health and profitability. In conclusion, Monarch Casino experienced robust revenue across its business segments in Q4 2024, with the casino segment being the most lucrative. However, the net income figure suggests that the company faced substantial expenses during the quarter, which is a key area to monitor for a comprehensive understanding of its financial performance.