Hall Of Fame Resort & Entmt Co Financials
This page shows Hall Of Fame Resort & Entmt Co (HOFV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Hall Of Fame Resort & Entmt Co has an operating margin of -139.9%, meaning the company retains $-140 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -204.9% the prior year.
Hall Of Fame Resort & Entmt Co's revenue declined 12.1% year-over-year, from $24.1M to $21.2M. This contraction results in a growth score of 0/100.
Hall Of Fame Resort & Entmt Co has elevated debt relative to equity (D/E of 3.36), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
While Hall Of Fame Resort & Entmt Co generated -$10.9M in operating cash flow, capex of $16.4M consumed most of it, leaving -$27.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hall Of Fame Resort & Entmt Co passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Hall Of Fame Resort & Entmt Co generates $0.20 in operating cash flow (-$10.9M OCF vs -$55.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Hall Of Fame Resort & Entmt Co earns $-1.1 in operating income for every $1 of interest expense (-$29.7M vs $27.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Hall Of Fame Resort & Entmt Co generated $21.2M in revenue in fiscal year 2024. This represents a decrease of 12.1% from the prior year.
Hall Of Fame Resort & Entmt Co's EBITDA was -$12.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 63.2% from the prior year.
Hall Of Fame Resort & Entmt Co generated -$27.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 62.4% from the prior year.
Hall Of Fame Resort & Entmt Co reported -$55.9M in net income in fiscal year 2024. This represents an increase of 18.7% from the prior year.
Hall Of Fame Resort & Entmt Co earned $-8.72 per diluted share (EPS) in fiscal year 2024. This represents an increase of 27.2% from the prior year.
Hall Of Fame Resort & Entmt Co held $4.4M in cash against $245.7M in long-term debt as of fiscal year 2024.
Hall Of Fame Resort & Entmt Co had 7M shares outstanding in fiscal year 2024. This represents an increase of 1.9% from the prior year.
Hall Of Fame Resort & Entmt Co's operating margin was -139.9% in fiscal year 2024, reflecting core business profitability. This is up 65.0 percentage points from the prior year.
Hall Of Fame Resort & Entmt Co's net profit margin was -263.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 21.5 percentage points from the prior year.
Hall Of Fame Resort & Entmt Co invested $16.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 64.0% from the prior year.
HOFV Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M+15.3% | $4.3M+47.4% | $2.9M-38.8% | $4.8M-35.8% | $7.5M+59.6% | $4.7M+12.1% | $4.2M-31.7% | $6.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | $328K | N/A | N/A | N/A |
| Operating Income | -$5.9M-3.4% | -$5.7M+31.7% | -$8.4M-19.0% | -$7.0M+1.7% | -$7.2M+14.8% | -$8.4M-18.3% | -$7.1M+53.7% | -$15.3M |
| Interest Expense | $8.1M+35.8% | $6.0M+8.2% | $5.5M-34.1% | $8.4M+42.1% | $5.9M-8.9% | $6.5M-0.7% | $6.5M+38.7% | $4.7M |
| Income Tax | N/A | N/A | N/A | N/A | $105K-19.1% | $130K+7.1% | $121K | N/A |
| Net Income | -$14.4M-20.7% | -$11.9M+21.1% | -$15.1M+29.3% | -$21.3M-382.4% | -$4.4M+71.5% | -$15.5M-5.9% | -$14.6M+26.5% | -$19.9M |
| EPS (Diluted) | $-2.18-19.8% | $-1.82+20.9% | $-2.30 | N/A | $-0.72+70.1% | $-2.41-4.8% | $-2.30 | N/A |
HOFV Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $355.9M-1.3% | $360.5M-1.1% | $364.7M-0.6% | $366.7M-15.8% | $435.6M-0.3% | $436.9M-0.6% | $439.6M-0.5% | $441.9M |
| Current Assets | N/A | N/A | N/A | $24K-77.6% | $105K+5.7% | $100K+44.9% | $69K+2052.2% | $3K |
| Cash & Equivalents | $5.7M+8.8% | $5.2M+15.8% | $4.5M+1.7% | $4.4M-40.6% | $7.5M+16.2% | $6.4M-6.4% | $6.9M-41.7% | $11.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $953K-33.9% | $1.4M+28.9% | $1.1M-26.4% | $1.5M-8.4% | $1.7M+46.7% | $1.1M-10.8% | $1.3M+14.4% | $1.1M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $325.7M+3.2% | $315.7M+2.6% | $307.7M+4.5% | $294.5M-13.9% | $341.9M+0.9% | $338.8M+3.9% | $326.0M+3.4% | $315.2M |
| Current Liabilities | N/A | N/A | N/A | $533K-13.5% | $616K+50.8% | $408K-41.3% | $695K+122.7% | $312K |
| Long-Term Debt | $268.3M+2.4% | $261.9M+4.0% | $251.9M+2.5% | $245.7M+1.7% | $241.6M+5.4% | $229.2M+3.4% | $221.7M+1.0% | $219.5M |
| Total Equity | $31.2M-31.9% | $45.8M-21.0% | $57.9M-20.9% | $73.2M-22.7% | $94.7M-4.5% | $99.1M-13.5% | $114.6M-10.3% | $127.7M |
| Retained Earnings | -$315.7M-4.9% | -$301.1M-4.2% | -$288.9M-5.6% | -$273.6M-8.6% | -$252.0M-1.9% | -$247.3M-6.8% | -$231.5M-6.9% | -$216.6M |
HOFV Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.6M+67.0% | -$4.8M-230.2% | -$1.5M+61.3% | -$3.8M-108.7% | -$1.8M+35.9% | -$2.8M-14.4% | -$2.5M+66.5% | -$7.4M |
| Capital Expenditures | $140K+602.8% | $20K-80.6% | $103K+111.2% | -$915K-116.9% | $5.4M+566.4% | $811K-92.7% | $11.1M+43.0% | $7.8M |
| Free Cash Flow | -$1.7M+64.2% | -$4.9M-209.8% | -$1.6M+66.7% | -$4.7M+34.9% | -$7.2M-98.1% | -$3.6M+73.1% | -$13.6M+10.4% | -$15.2M |
| Investing Cash Flow | -$140K-602.8% | -$20K+80.6% | -$103K-111.2% | $915K+118.6% | -$4.9M-505.8% | -$810K+72.7% | -$3.0M+61.7% | -$7.8M |
| Financing Cash Flow | $2.2M-60.5% | $5.6M+238.8% | $1.6M+1113.1% | -$162K-102.1% | $7.8M+142.4% | $3.2M+524.5% | $513K-96.6% | $15.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Share Buybacks | N/A | N/A | N/A | $0 | N/A | N/A | N/A | N/A |
HOFV Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -118.1%+13.6pp | -131.7%+152.6pp | -284.3%-138.1pp | -146.1%-50.8pp | -95.3%+83.2pp | -178.5%-9.3pp | -169.2%+80.4pp | -249.6% |
| Net Margin | -286.9%-13.0pp | -273.9%+237.7pp | -511.6%-68.6pp | -443.0%-384.1pp | -58.9%+270.7pp | -329.6%+19.5pp | -349.1%-24.7pp | -324.3% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -4.0%-0.7pp | -3.3%+0.8pp | -4.1%+1.7pp | -5.8%-4.8pp | -1.0%+2.5pp | -3.5%-0.2pp | -3.3%+1.2pp | -4.5% |
| Current Ratio | N/A | N/A | N/A | 0.04-0.1 | 0.17-0.1 | 0.24+0.1 | 0.10+0.1 | 0.01 |
| Debt-to-Equity | 8.60+2.9 | 5.72+1.4 | 4.35+1.0 | 3.36+0.8 | 2.55+0.2 | 2.31+0.4 | 1.93+0.2 | 1.72 |
| FCF Margin | -34.7%+77.2pp | -111.9%-58.7pp | -53.3%+44.5pp | -97.7%-1.5pp | -96.3%-18.7pp | -77.5%+246.3pp | -323.8%-76.9pp | -246.9% |
Similar Companies
Frequently Asked Questions
What is Hall Of Fame Resort & Entmt Co's annual revenue?
Hall Of Fame Resort & Entmt Co (HOFV) reported $21.2M in total revenue for fiscal year 2024. This represents a -12.1% 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 Hall Of Fame Resort & Entmt Co's revenue growing?
Hall Of Fame Resort & Entmt Co (HOFV) revenue declined by 12.1% year-over-year, from $24.1M to $21.2M in fiscal year 2024.
Is Hall Of Fame Resort & Entmt Co profitable?
No, Hall Of Fame Resort & Entmt Co (HOFV) reported a net income of -$55.9M in fiscal year 2024, with a net profit margin of -263.4%.
What is Hall Of Fame Resort & Entmt Co's earnings per share (EPS)?
Hall Of Fame Resort & Entmt Co (HOFV) reported diluted earnings per share of $-8.72 for fiscal year 2024. This represents a 27.2% 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.
What is Hall Of Fame Resort & Entmt Co's EBITDA?
Hall Of Fame Resort & Entmt Co (HOFV) had EBITDA of -$12.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Hall Of Fame Resort & Entmt Co have?
As of fiscal year 2024, Hall Of Fame Resort & Entmt Co (HOFV) had $4.4M in cash and equivalents against $245.7M in long-term debt.
What is Hall Of Fame Resort & Entmt Co's operating margin?
Hall Of Fame Resort & Entmt Co (HOFV) had an operating margin of -139.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Hall Of Fame Resort & Entmt Co's net profit margin?
Hall Of Fame Resort & Entmt Co (HOFV) had a net profit margin of -263.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Hall Of Fame Resort & Entmt Co's free cash flow?
Hall Of Fame Resort & Entmt Co (HOFV) generated -$27.3M in free cash flow during fiscal year 2024. This represents a 62.4% 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 Hall Of Fame Resort & Entmt Co's operating cash flow?
Hall Of Fame Resort & Entmt Co (HOFV) generated -$10.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Hall Of Fame Resort & Entmt Co's total assets?
Hall Of Fame Resort & Entmt Co (HOFV) had $366.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Hall Of Fame Resort & Entmt Co's capital expenditures?
Hall Of Fame Resort & Entmt Co (HOFV) invested $16.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Hall Of Fame Resort & Entmt Co have outstanding?
Hall Of Fame Resort & Entmt Co (HOFV) had 7M shares outstanding as of fiscal year 2024.
What is Hall Of Fame Resort & Entmt Co's debt-to-equity ratio?
Hall Of Fame Resort & Entmt Co (HOFV) had a debt-to-equity ratio of 3.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hall Of Fame Resort & Entmt Co's return on assets (ROA)?
Hall Of Fame Resort & Entmt Co (HOFV) had a return on assets of -15.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Hall Of Fame Resort & Entmt Co's cash runway?
Based on fiscal year 2024 data, Hall Of Fame Resort & Entmt Co (HOFV) had $4.4M in cash against an annual operating cash burn of $10.9M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Hall Of Fame Resort & Entmt Co's Piotroski F-Score?
Hall Of Fame Resort & Entmt Co (HOFV) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hall Of Fame Resort & Entmt Co's earnings high quality?
Hall Of Fame Resort & Entmt Co (HOFV) has an earnings quality ratio of 0.20x, considered low quality (accrual-driven). 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 Hall Of Fame Resort & Entmt Co cover its interest payments?
Hall Of Fame Resort & Entmt Co (HOFV) has an interest coverage ratio of -1.1x, meaning it can struggle to cover its interest obligations. 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.
How financially healthy is Hall Of Fame Resort & Entmt Co?
Hall Of Fame Resort & Entmt Co (HOFV) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.