What is Drive Shack's earnings per share (EPS)?

Drive Shack (DSHK) reported diluted earnings per share of -$0.41 for fiscal year 2021. This represents a 55.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Drive Shack (DSHK) Financials

DSHK

Trailing 12 months to September 30, 2022

Revenue $314.9M +15.9% YoY

Net Income -$45.2M -283.7% YoY

EPS (Diluted) -$0.55 -223.5% YoY

Free Cash Flow -$41.3M -36.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2022, ended Sep 30, 2022 Reported Nov 21, 2022 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2022, filed Nov 21, 2022. Each column of the statement tables below links to the filing it was taken from.

Drive Shack (DSHK) reported $314.9M in revenue over the twelve months to Sep 30, 2022, up 15.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DSHK FY2021 2026-08-30

The dominant mechanic is high gross margin offset by fixed costs, reinvestment needs, and a liability-heavy capital structure.

Cash conversion remains the central constraint: operating cash flow crossed into positive territory in FY2021, but free cash flow was still -$32.3M because capital expenditures absorbed that improvement. The gap indicates that operating stabilization had not yet translated into internally funded reinvestment.

Operating margin improved from -24.7% in FY2019 to -7.3% in FY2021, even though gross margin stayed near 95%. That pattern points more to a leaner cost structure or better fixed-cost absorption than to a change in basic product economics.

Liabilities of $452.9M against equity of $28.4M leave shareholder capital highly sensitive to changes in asset values or operating results. A current ratio of 0.9x and debt-to-equity of 15.9x further describe a balance sheet funded predominantly by liabilities, with limited short-term cushion.

Financial Health Signals

Financial health score not available

Drive Shack does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-9.03

Drive Shack scores -9.03, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($24.7M) relative to total liabilities ($452.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Drive Shack passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Drive Shack reported a net loss of $31.4M while generating $254K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Drive Shack reported an operating loss of $20.6M against $10.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$88.7M

YoY+16.1%

QoQ+2.3%

5Y CAGR+1.7%

10Y CAGR+2.0%

Drive Shack generated $88.7M in revenue in Q3 2022. This represents an increase of 16.1% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.

EBITDA

$1.6M

YoY+1761.2%

QoQ+810.9%

5Y CAGR-2.7%

Drive Shack's EBITDA was $1.6M in Q3 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1761.2% from the same quarter a year earlier. Against the prior quarter it is up 810.9%.

Net Income

-$7.2M

YoY+19.2%

QoQ+24.2%

Drive Shack reported -$7.2M in net income in Q3 2022. This represents an increase of 19.2% from the same quarter a year earlier. Against the prior quarter it is up 24.2%.

EPS (Diluted)

-$0.09

YoY+18.2%

QoQ+25.0%

Drive Shack earned -$0.09 per diluted share (EPS) in Q3 2022. This represents an increase of 18.2% from the same quarter a year earlier. Against the prior quarter it is up 25.0%.

Cash & Balance Sheet

Free Cash Flow

-$7.8M

YoY+46.3%

QoQ+56.6%

Drive Shack recorded an outflow of $7.8M in free cash flow in Q3 2022, representing a cash shortfall after capex. This represents an increase of 46.3% from the same quarter a year earlier. Against the prior quarter it is up 56.6%.

Cash & Debt

$11.7M

YoY-81.8%

QoQ-48.6%

5Y CAGR-42.3%

10Y CAGR-25.8%

Drive Shack held $11.7M in cash as of Q3 2022; long-term debt is not reported for that period.

Shares Outstanding

92M

YoY+0.3%

QoQ0.0%

5Y CAGR+6.6%

10Y CAGR-6.1%

Drive Shack had 92M shares outstanding in Q3 2022. This represents an increase of 0.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2022.

Margins & Returns

Gross Margin

94.4%

YoY-0.8pp

QoQ+1.1pp

Drive Shack's gross margin was 94.4% in Q3 2022, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Operating Margin

-5.9%

YoY+1.9pp

QoQ+1.5pp

5Y CAGR-0.6pp

Drive Shack's operating margin was -5.9% in Q3 2022, reflecting core business profitability. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Net Margin

-8.1%

YoY+3.5pp

QoQ+2.8pp

5Y CAGR-7.5pp

Drive Shack's net profit margin was -8.1% in Q3 2022, showing the share of revenue converted to profit. This is up 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.8 percentage points.

Return on Equity

Not reported for Q3 2022.

Capital Allocation

Capital Expenditures

$22.2M

YoY+263.0%

QoQ+24.5%

5Y CAGR+19.4%

Drive Shack invested $22.2M in capex in Q3 2022, funding long-term assets and infrastructure. This represents an increase of 263.0% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.

R&D Spending

Not reported for Q3 2022.

Share Buybacks

Not reported for Q3 2022.

DSHK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DSHK quarterly income statement

Metric	TTM	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Revenue	$314.9M	$281.9M+28.1%	$220.0M-19.1%	$272.1M-13.5%	$314.4M+7.4%	$292.6M-2.1%	$298.9M+1.0%	$295.9M+1.5%	$291.5M+36.4%	$213.7M-24.5%	$283.0M-3.2%	$292.3M-2.7%	$300.3M-17.0%	$361.9M
Cost of Revenue	N/A	$12.8M+45.1%	$8.8M-41.9%	$15.2M-24.5%	$20.2M-3.8%	$21.0M-2.9%	$21.6M-4.2%	$22.5M+7.2%	$21.0M	$0	N/A	N/A	N/A	N/A
Gross Profit	N/A	$269.1M+27.4%	$211.2M-17.8%	$256.8M-12.7%	$294.2M+8.3%	$271.6M-2.0%	$277.3M+1.5%	$273.3M+1.0%	$270.5M+26.6%	$213.7M	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$33.8M+8.1%	$31.3M-34.8%	$48.0M+24.4%	$38.6M+22.8%	$31.4M+7.7%	$29.2M+142.4%	$12.0M-24.1%	$15.9M-9.2%	$17.5M+55.3%	$11.2M+54.1%	$7.3M-5.3%	$7.7M-13.4%	$8.9M
Operating Income	-$37.8M	-$20.6M+43.7%	-$36.6M+45.6%	-$67.3M-154.5%	-$26.4M+41.1%	-$44.9M-14.6%	-$39.2M-76.1%	-$22.2M-245.2%	$15.3M	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	$3.4M+135.8%	-$9.5M+78.9%	-$44.9M-567.0%	-$6.7M+67.3%	-$20.6M-62.5%	-$12.7M-298.3%	$6.4M-84.9%	$42.3M	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$10.7M-3.2%	$11.0M+0.3%	$11.0M-39.9%	$18.3M-7.6%	$19.8M-62.5%	$52.9M-14.9%	$62.1M-22.4%	$80.0M+1.8%	$78.6M-27.4%	$108.2M-21.6%	$138.0M-19.8%	$172.2M-21.1%	$218.4M
Income Tax	$2.3M	$1.8M+4.3%	$1.7M+166.0%	$641K+125.7%	$284K-70.6%	$965K+410.6%	$189K-45.2%	$345K+65.9%	$208K	$0	N/A	N/A	N/A	N/A
Net Income	-$45.2M	-$31.4M+44.3%	-$56.4M-2.7%	-$54.9M-41.8%	-$38.7M+8.3%	-$42.2M-154.6%	$77.3M+258.8%	$21.6M-33.5%	$32.4M-78.7%	$152.3M-64.9%	$434.1M+42.6%	$304.5M-51.0%	$621.7M+396.2%	-$209.9M
EPS (Basic)	N/A	-$0.41+55.4%	-$0.92-2.2%	-$0.90-36.4%	-$0.66+7.0%	-$0.71-166.4%	$1.07+345.8%	$0.24-46.7%	$0.45-85.8%	$3.16-82.3%	$17.84+477.3%	$3.09-71.8%	$10.96+359.1%	-$4.23
EPS (Diluted)	-$0.55	-$0.41+55.4%	-$0.92-2.2%	-$0.90-36.4%	-$0.66+7.0%	-$0.71-168.3%	$1.04+333.3%	$0.24-45.5%	$0.44	$3.09	$17.64	$3.09	$10.96+359.1%	-$4.23
Diluted Shares (Avg)	N/A	90M+33.6%	67M+0.2%	67M+0.1%	67M+0.1%	67M-2.7%	69M+0.2%	69M+8.7%	63M	47M	24M	82M	60M+13.4%	53M

Metric	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K
Revenue	$88.7M+16.1%	$86.7M+17.3%	$69.0M+12.9%	$70.5M+17.0%	$76.4M+14.9%	$73.9M+130.2%	$61.1M-0.1%	$60.3M-16.1%
Cost of Revenue	$5.0M+34.9%	$5.8M+83.7%	$3.4M+59.7%	N/A	$3.7M+70.3%	$3.2M+280.1%	$2.1M-42.4%	N/A
Gross Profit	$83.7M+15.2%	$80.9M+14.4%	$65.6M+11.2%	N/A	$72.7M+13.0%	$70.7M+126.2%	$59.0M+2.6%	N/A
SG&A Expenses	$8.6M-11.5%	$11.6M+44.0%	$9.1M+13.5%	N/A	$9.7M+22.3%	$8.0M+26.1%	$8.0M-18.7%	N/A
Operating Income	-$5.2M+12.3%	-$6.4M-704.1%	-$18.4M-133.5%	-$7.9M-116.0%	-$5.9M+1.3%	$1.1M+108.7%	-$7.9M+46.9%	-$3.6M+81.9%
EBITDA	$1.6M+1761.2%	-$229K-103.3%	-$12.2M-648.4%	-$1.7M-154.0%	-$98K-111.4%	$6.8M+225.1%	-$1.6M+79.7%	$3.2M+123.5%
Interest Expense	$2.6M-0.6%	$3.5M+28.0%	$2.6M-0.1%	N/A	$2.6M-9.5%	$2.8M+5.1%	$2.6M-4.6%	N/A
Income Tax	$472K-23.4%	$868K+92.9%	$721K+45.7%	$218K-50.0%	$616K+23.7%	$450K-10.0%	$495K+82.7%	$436K-9.0%
Net Income	-$7.2M+19.2%	-$9.4M-379.1%	-$19.0M-73.9%	-$9.6M-197.0%	-$8.9M+6.0%	-$2.0M+95.0%	-$10.9M+37.2%	$9.9M+165.1%
EPS (Basic)	-$0.09+18.2%	-$0.12-200.0%	-$0.22-46.7%	-$0.12-192.3%	-$0.11+31.3%	-$0.04+93.4%	-$0.15+46.4%	$0.13+152.0%
EPS (Diluted)	-$0.09+18.2%	-$0.12	-$0.22-46.7%	-$0.12-192.3%	-$0.11+31.3%	-$0.04+93.4%	-$0.15+46.4%	$0.13+152.0%
Diluted Shares (Avg)	92M+0.3%	92M	92M+11.7%	92M+35.7%	92M+37.0%	92M+37.2%	83M+23.1%	68M+1.2%

Not reported in any period shown, so not listed: R&D Expenses.

DSHK Balance Sheet

DSHK quarterly balance sheet

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Total Assets	$482.8M+5.6%	$457.1M-11.4%	$516.0M+28.4%	$401.9M-25.1%	$536.6M-54.2%	$1.2B-20.2%	$1.5B-16.7%	$1.8B-63.6%	$4.8B+22.6%	$3.9B+8.0%	$3.7B-1.0%	$3.7B	N/A
Current Assets	$100.8M+39.8%	$72.1M-2.9%	$74.3M-60.8%	$189.4M-8.7%	$207.5M-75.9%	$861.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$58.3M+22.0%	$47.8M+68.1%	$28.4M-64.1%	$79.2M-52.7%	$167.7M+19.7%	$140.1M+207.0%	$45.7M-38.1%	$73.7M+72.6%	$42.7M-80.7%	$221.8M+41.9%	$156.3M+366.3%	$33.5M-50.9%	$68.3M
Short-Term Investments	$3.5M+8.2%	$3.2M+5.6%	$3.1M+3.4%	$3.0M+28.7%	$2.3M-99.6%	$629.3M	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.2M+14.3%	$1.9M-29.4%	$2.8M-3.3%	$2.9M-39.5%	$4.7M+5.0%	$4.5M-11.1%	$5.1M+1.9%	$5.0M+1.5%	$4.9M	N/A	N/A	N/A	N/A
Accounts Receivable	$5.6M+25.1%	$4.4M-15.3%	$5.2M-30.2%	$7.5M-14.4%	$8.8M+9.1%	$8.0M-18.6%	$9.9M+34.2%	$7.4M-10.5%	$8.2M+646.8%	$1.1M	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$126.7M	N/A	N/A	N/A	N/A
Total Liabilities	$452.9M+1.3%	$447.0M-0.8%	$450.4M+68.5%	$267.3M-26.9%	$365.6M-61.7%	$953.9M-24.2%	$1.3B-16.3%	$1.5B-58.4%	$3.6B+25.7%	$2.9B-17.0%	$3.5B-12.1%	$3.9B	N/A
Current Liabilities	$110.7M+8.6%	$102.0M+9.6%	$93.1M-10.2%	$103.7M-0.3%	$104.0M-85.1%	$698.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Non-Current Liabilities	$342.2M-0.8%	$345.0M-3.4%	$357.4M+118.4%	$163.6M-37.5%	$261.6M+2.3%	$255.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	$10.5M-90.6%	$112.1M+0.5%	$111.6M	N/A	N/A	$1.1B+793.4%	$120.5M	N/A	N/A	N/A
Total Equity	$28.4M+182.9%	$10.0M-84.7%	$65.6M-51.3%	$134.7M-21.3%	$171.1M-21.6%	$218.1M+3.7%	$210.4M-18.5%	$258.3M-77.8%	$1.2B+8.6%	$1.1B+458.6%	$192.1M+177.6%	-$247.6M+84.9%	-$1.6B
Retained Earnings	-$3.3B-1.1%	-$3.2B-1.8%	-$3.2B-2.3%	-$3.1B-1.3%	-$3.1B-1.6%	-$3.0B+1.3%	-$3.1B-0.5%	-$3.0B-56.2%	-$1.9B-152.6%	-$771.1M+28.2%	-$1.1B+19.2%	-$1.3B	N/A

Metric	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K
Total Assets	$455.7M-5.9%	$458.0M-7.6%	$479.7M-4.0%	$482.8M+5.6%	$484.5M+7.8%	$495.8M+8.5%	$499.9M-0.3%	$457.1M-11.4%
Current Assets	$59.0M-42.9%	$66.0M-42.7%	$88.7M-22.8%	$100.8M+39.8%	$103.4M+88.7%	$115.2M+116.6%	$115.0M+98.0%	$72.1M-2.9%
Cash & Equivalents	$11.7M-81.8%	$22.7M-72.1%	$44.1M-48.7%	$58.3M+22.0%	$63.9M+379.7%	$81.4M+544.3%	$85.9M+412.0%	$47.8M+68.1%
Short-Term Investments	$2.0M-40.2%	$2.8M-14.8%	$3.7M+11.7%	$3.5M+8.2%	$3.4M+12.8%	$3.3M+11.9%	$3.3M+5.4%	$3.2M+5.6%
Inventory	$2.9M+38.7%	$2.8M+42.9%	$2.7M+32.1%	$2.2M+14.3%	$2.1M-3.1%	$2.0M-22.8%	$2.0M-33.2%	$1.9M-29.4%
Accounts Receivable	$5.9M+43.3%	$5.7M+25.2%	$5.4M+5.1%	$5.6M+25.1%	$4.1M+11.3%	$4.6M+25.4%	$5.1M+22.7%	$4.4M-15.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$468.4M+5.6%	$461.0M+3.3%	$470.9M+5.2%	$452.9M+1.3%	$443.7M-1.4%	$446.3M-0.5%	$447.5M-1.3%	$447.0M-0.8%
Current Liabilities	$109.8M+20.3%	$105.5M+11.5%	$109.2M+15.2%	$110.7M+8.6%	$91.3M-14.0%	$94.6M-10.5%	$94.8M-1.8%	$102.0M+9.6%
Non-Current Liabilities	$358.5M+1.7%	$355.6M+1.1%	$361.7M+2.6%	$342.2M-0.8%	$352.4M+2.5%	$351.7M+2.6%	$352.7M-1.2%	$345.0M-3.4%
Total Equity	-$15.4M-138.8%	-$5.1M-110.2%	$7.3M-86.0%	$28.4M+182.9%	$39.8M+10710.4%	$49.5M+471.2%	$52.4M+9.3%	$10.0M-84.7%
Retained Earnings	-$3.3B-1.6%	-$3.3B-1.6%	-$3.3B-1.4%	-$3.3B-1.1%	-$3.3B-0.5%	-$3.2B-0.5%	-$3.2B-1.6%	-$3.2B-1.8%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

DSHK Cash Flow Statement

DSHK quarterly cash flow statement

Metric	TTM	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Operating Cash Flow	$20.0M	$254K+119.2%	-$1.3M+95.3%	-$28.1M-290.4%	-$7.2M+41.8%	-$12.4M-232.2%	$9.4M+454.5%	-$2.6M-107.0%	$37.5M-64.7%	$106.2M+9.1%	$97.3M+70.7%	$57.0M+16.7%	$48.9M-34.1%	$74.2M
Depreciation & Amortization	N/A	$24.0M-11.5%	$27.2M+21.2%	$22.4M+13.7%	$19.7M-18.9%	$24.3M-8.3%	$26.5M-7.5%	$28.6M+6.2%	$27.0M+674075.0%	$4K-99.9%	$7.0M+2135.6%	$312K+294.9%	$79K-73.2%	$295K
Stock-Based Compensation	N/A	$2.1M+34.9%	$1.5M+15.6%	$1.3M-42.8%	$2.3M+309.2%	$563K+60.4%	$351K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$61.3M	$32.6M+205.3%	$10.7M-85.7%	$74.9M+20.1%	$62.4M+81.8%	$34.3M+172.8%	$12.6M+64.6%	$7.6M	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$41.3M	-$32.3M-169.4%	-$12.0M+88.4%	-$103.0M-48.1%	-$69.6M-49.1%	-$46.7M-1354.7%	-$3.2M+68.8%	-$10.3M	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$58.3M	-$32.6M-230.7%	$24.9M+308.0%	-$12.0M-146.3%	$25.9M-96.1%	$656.6M+536.7%	-$150.3M-177.8%	$193.1M-39.6%	$319.9M+110.9%	-$2.9B-171.7%	-$1.1B-376.3%	-$226.1M-395.8%	$76.4M-55.6%	$172.1M
Financing Cash Flow	-$13.6M	$44.1M+1028.1%	-$4.7M+55.8%	-$10.7M+90.2%	-$109.6M+82.2%	-$617.0M-359.9%	$237.4M+208.6%	-$218.7M+43.8%	-$389.4M-114.5%	$2.7B+155.6%	$1.1B+259.9%	$292.9M+283.0%	-$160.1M+29.7%	-$227.7M
Dividends Paid	N/A	$5.1M+1000.2%	$465K	$0	$0-100.0%	$8.0M-74.9%	$32.0M+0.4%	$31.9M-78.0%	$145.3M-12.5%	$166.0M+59.3%	$104.2M+339.5%	$23.7M+221.7%	-$19.5M	N/A

Metric	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K
Operating Cash Flow	$14.4M+273.1%	-$59K-100.7%	-$2.5M+67.4%	$8.1M+732.4%	-$8.3M-346.4%	$8.0M+358.2%	-$7.6M-193.2%	$976K-40.1%
Depreciation & Amortization	$6.8M+17.1%	$6.1M+6.0%	$6.2M-0.8%	$6.2M-9.6%	$5.8M-15.0%	$5.8M-13.4%	$6.2M-8.1%	$6.8M+3.0%
Stock-Based Compensation	N/A	N/A	-$696K-299.4%	N/A	N/A	N/A	$349K+73.6%	N/A
Capital Expenditures	$22.2M+263.0%	$17.8M+85.7%	$11.0M+67.6%	$10.3M+867.8%	$6.1M+220.8%	$9.6M+750.0%	$6.5M-0.5%	$1.1M-92.6%
Free Cash Flow	-$7.8M+46.3%	-$17.9M-1036.6%	-$13.4M+4.8%	-$2.2M-2304.3%	-$14.4M-1077.0%	-$1.6M+62.9%	-$14.1M-54.1%	-$92K+99.3%
Investing Cash Flow	-$22.0M-260.4%	-$17.7M-84.7%	-$8.2M-25.1%	-$10.3M-129.9%	-$6.1M-197.9%	-$9.6M-736.7%	-$6.5M-0.9%	$34.6M+750.1%
Financing Cash Flow	-$3.2M-8.4%	-$3.4M-34.2%	-$3.6M-106.9%	-$3.2M-155.3%	-$3.0M-321.1%	-$2.6M-1151.2%	$52.8M+2159.5%	-$1.3M+52.1%
Dividends Paid	$1.4M0.0%	$1.4M0.0%	$1.4M+50.0%	N/A	$1.4M	$1.4M	$930K+100.0%	N/A

Not reported in any period shown, so not listed: Share Buybacks.

DSHK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DSHK quarterly financial ratios

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Gross Margin	95.5%-0.5pp	96.0%+1.6pp	94.4%+0.8pp	93.6%+0.7pp	92.8%+0.1pp	92.8%+0.4pp	92.4%-0.4pp	92.8%-7.2pp	100.0%	N/A	N/A	N/A	N/A
Operating Margin	-7.3%+9.3pp	-16.7%+8.1pp	-24.7%-16.3pp	-8.4%+6.9pp	-15.3%-2.2pp	-13.1%-5.6pp	-7.5%-12.8pp	5.3%	N/A	N/A	N/A	N/A	N/A
Net Margin	-11.1%+14.5pp	-25.6%-5.5pp	-20.2%-7.9pp	-12.3%+2.1pp	-14.4%-40.3pp	25.9%+18.6pp	7.3%-3.8pp	11.1%-60.2pp	71.3%	153.4%	104.2%	207.0%	-58.0%
Return on Equity	-110.5%+451.0pp	-561.5%-477.8pp	-83.7%-54.9pp	-28.7%-4.1pp	-24.7%-60.1pp	35.5%+25.2pp	10.3%-2.3pp	12.5%-0.5pp	13.1%-27.4pp	40.5%-118.1pp	158.5%	N/A	N/A
Return on Assets	-6.5%+5.8pp	-12.3%-1.7pp	-10.6%-1.0pp	-9.6%-1.8pp	-7.9%-14.5pp	6.6%+5.1pp	1.5%-0.4pp	1.8%-1.3pp	3.1%-7.8pp	11.0%+2.7pp	8.3%-8.5pp	16.9%	N/A
Current Ratio	0.91+0.2x	0.71-0.1x	0.80-1.0x	1.83-0.2x	2.00+0.8x	1.23	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	15.95-28.6x	44.54+37.7x	6.87+6.8x	0.08-0.6x	0.66+0.1x	0.51-5.5x	5.98+0.2x	5.82+4.9x	0.92+0.8x	0.11-17.9x	18.01	N/A	N/A
Asset Turnover	0.58+0.1x	0.480.0x	0.53-0.3x	0.78+0.2x	0.55+0.3x	0.26+0.1x	0.200.0x	0.17+0.1x	0.040.0x	0.070.0x	0.080.0x	0.08	N/A
FCF Margin	-11.5%-6.0pp	-5.5%+32.4pp	-37.9%-15.7pp	-22.1%-6.2pp	-16.0%-14.9pp	-1.1%+2.4pp	-3.5%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K
Gross Margin	94.4%-0.8pp	93.3%-2.4pp	95.1%-1.4pp	N/A	95.2%-1.6pp	95.7%-1.7pp	96.6%+2.5pp	N/A
Operating Margin	-5.9%+1.9pp	-7.3%-8.8pp	-26.7%-13.8pp	-11.2%-5.1pp	-7.8%+1.3pp	1.4%+39.3pp	-12.9%+11.4pp	-6.0%+22.0pp
Net Margin	-8.1%+3.5pp	-10.9%-8.2pp	-27.5%-9.6pp	-13.7%-30.2pp	-11.6%+2.6pp	-2.7%	-17.8%+10.5pp	16.5%+37.8pp
Return on Equity	N/A	N/A	-258.3%-237.5pp	-34.0%-133.1pp	-22.2%	-4.0%+452.0pp	-20.8%+15.4pp	99.1%+122.4pp
Return on Assets	-1.6%+0.3pp	-2.1%-1.7pp	-4.0%-1.8pp	-2.0%-4.2pp	-1.8%+0.3pp	-0.4%+8.2pp	-2.2%+1.3pp	2.2%+5.1pp
Current Ratio	0.54-0.6x	0.63-0.6x	0.81-0.4x	0.91+0.2x	1.13+0.6x	1.22+0.7x	1.21+0.6x	0.71-0.1x
Debt-to-Equity	N/A	N/A	64.14+55.6x	15.95-28.6x	11.15	9.01-42.7x	8.54-0.9x	44.54+37.7x
Asset Turnover	0.190.0x	0.190.0x	0.140.0x	0.150.0x	0.160.0x	0.15+0.1x	0.120.0x	0.130.0x
FCF Margin	-8.7%+10.2pp	-20.6%-18.5pp	-19.5%+3.6pp	-3.1%-3.0pp	-18.9%-21.2pp	-2.1%+11.1pp	-23.1%-8.1pp	-0.1%+17.6pp

Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Drive Shack DSHK	FY2021	$281.9M	-$31.4M	-11.1%	$24.7M	—
Parks Amer Inc PRKA	FY2025	$10.5M	$1.5M	13.9%	$30.7M	—
Arvana AVNI	FY2024	$68K	-$447K	N/A	$13K	—
F45 Training Hldgs Inc FXLV	FY2022	$104.4M	-$178.8M	N/A	$2.0M	—

Where Drive Shack Ranks

Frequently Asked Questions

What is Drive Shack's annual revenue?

Drive Shack (DSHK) reported $281.9M in total revenue for fiscal year 2021. This represents a 28.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Drive Shack's revenue growing?

Drive Shack (DSHK) revenue grew by 28.1% year-over-year, from $220.0M to $281.9M in fiscal year 2021.

Is Drive Shack profitable?

No, Drive Shack (DSHK) reported a net income of -$31.4M in fiscal year 2021, with a net profit margin of -11.1%.

What is Drive Shack's EBITDA?

Drive Shack (DSHK) had EBITDA of $3.4M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization.

What is Drive Shack's gross margin?

Drive Shack (DSHK) had a gross margin of 95.5% in fiscal year 2021, indicating the percentage of revenue retained after direct costs of goods sold.

What is Drive Shack's operating margin?

Drive Shack (DSHK) had an operating margin of -7.3% in fiscal year 2021, reflecting the profitability of core business operations before interest and taxes.

What is Drive Shack's net profit margin?

Drive Shack (DSHK) had a net profit margin of -11.1% in fiscal year 2021, representing the share of revenue converted into profit after all expenses.

What is Drive Shack's return on equity (ROE)?

Drive Shack (DSHK) has a return on equity of -110.5% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.

What is Drive Shack's free cash flow?

Drive Shack (DSHK) recorded an outflow of $32.3M in free cash flow during fiscal year 2021. This represents a -169.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Drive Shack's operating cash flow?

Drive Shack (DSHK) generated $254K in operating cash flow during fiscal year 2021, representing cash generated from core business activities.

What are Drive Shack's total assets?

Drive Shack (DSHK) had $482.8M in total assets as of fiscal year 2021, including both current and long-term assets.

What are Drive Shack's capital expenditures?

Drive Shack (DSHK) invested $32.6M in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.

How many shares does Drive Shack have outstanding?

Drive Shack (DSHK) had 92M shares outstanding as of fiscal year 2021.

What is Drive Shack's current ratio?

Drive Shack (DSHK) had a current ratio of 0.91 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.

What is Drive Shack's debt-to-equity ratio?

Drive Shack (DSHK) had a debt-to-equity ratio of 15.95 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Drive Shack's return on assets (ROA)?

Drive Shack (DSHK) had a return on assets of -6.5% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.

What is Drive Shack's Altman Z-Score?

Drive Shack (DSHK) has an Altman Z-Score of -9.03, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Drive Shack's Piotroski F-Score?

Drive Shack (DSHK) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Drive Shack's earnings high quality?

Drive Shack (DSHK) reported a net loss of $31.4M while generating $254K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Drive Shack cover its interest payments?

Drive Shack (DSHK) reported an operating loss of $20.6M against $10.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.