Monarch Casino & Resort(US:MCRI)2025-07-29 18:08PART I - FINANCIAL INFORMATION Item 1. Financial Statements Presents Monarch Casino & Resort's unaudited consolidated financial statements for Q2 and YTD 2025 and 2024, including income, balance, equity, and cash flow statements with notes Consolidated Statements of Income Q2 2025 net revenues rose to $136.9 million and net income to $27.0 million; YTD net revenues reached $262.3 million and net income $46.9 million Consolidated Statements of Income Highlights (In thousands, except per share data) | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Revenues | $136,914 | $128,143 | $262,308 | $249,800 | | Income from Operations | $34,899 | $29,513 | $60,217 | $53,323 | | Net Income | $27,008 | $22,682 | $46,872 | $40,957 | | Diluted EPS | $1.44 | $1.19 | $2.50 | $2.12 | Consolidated Balance Sheets Total assets increased to $705.8 million by June 30, 2025, while total liabilities decreased, raising stockholders' equity to $539.2 million Consolidated Balance Sheet Highlights (In thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Current Assets | $102,537 | $90,422 | | Property and Equipment, net | $576,025 | $575,287 | | Total Assets | $705,786 | $691,583 | | Total Current Liabilities | $139,520 | $146,463 | | Total Liabilities | $166,539 | $173,835 | | Total Stockholders' Equity | $539,247 | $517,748 | Consolidated Statements of Stockholders' Equity Stockholders' equity grew to $539.2 million by June 30, 2025, driven by $46.9 million net income, offset by $11.0 million dividends and $20.0 million stock repurchases - Key changes in stockholders' equity for the six months ended June 30, 2025 include: net income of $19.9M in Q1 and $27.0M in Q2, dividend payments totaling $11.0M, and common stock repurchases of $20.0M12 Consolidated Statements of Cash Flows Net cash from operations was $70.6 million for YTD 2