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Century Casinos Inc 10-Q Filings

CNTY NASDAQ

Every 10-Q that Century Casinos Inc (CNTY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CNTY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CNTY filings page.

Rhea-AI Summary

Century Casinos, Inc. reported Q2 2026 net operating revenue of $151,995 (amounts in thousands), compared with $150,818 for Q2 2025, and six‑month revenue of $289,234 versus $281,261. Dollar amounts are in thousands.

Earnings from operations were $17,180, up from $16,575 a year earlier, but financing costs kept results in the red. Quarterly interest expense on debt was $25,937 and the long‑term financing obligation under the VICI master lease generated $16,887 of interest expense, leading to a net loss attributable to shareholders of $10,910, or $0.39 per share, and a six‑month loss of $27,414, or $0.96 per share.

Total assets were $1,105,204, including goodwill of $10,377 and intangible assets of $72,431. The balance sheet shows $336,485 of long‑term debt principal and a $708,048 financing obligation to VICI subsidiaries, contributing to a shareholders’ deficit of $125,671 and total deficit equity of $35,546. Cash and cash equivalents were $60,179; net cash from operating activities was $7,314 for the first half, while investing and financing uses reduced cash by $8,748. Century operates casinos in the United States, Canada and Poland and offers sports betting in Missouri through a partnership with BetMGM.

Rhea-AI Summary

Century Casinos, Inc. reported higher net operating revenue but continued losses for the quarter ended March 31, 2026. Net operating revenue rose to $137.2 million from $130.4 million a year earlier, driven mainly by gaming growth across US and Canadian properties.

The company posted a net loss attributable to shareholders of $16.5 million, or $0.58 per share, compared with a $20.6 million loss, or $0.67 per share, last year, as interest and lease costs remained heavy. Interest expense was $25.9 million, largely tied to the Goldman term loan and the long-term Master Lease.

Century ended the quarter with $60.3 million in cash, cash equivalents and restricted cash, long-term debt of $328.6 million and a long-term financing obligation to VICI subsidiaries of $712.0 million. Operating cash flow was a modest outflow of $1.3 million. The company also repurchased 275,673 shares for $0.4 million, launched sports betting in Missouri in late 2025, and continues a strategic review of operations and capital structure.

Rhea-AI Summary

Century Casinos (CNTY) filed its Q3 2025 report, showing steady operations but a GAAP loss driven by financing costs. Net operating revenue was $153.7 million versus $155.7 million a year ago. Earnings from operations were $17.1 million, offset by $26.4 million of interest expense, resulting in a net loss attributable to shareholders of $10.5 million (basic and diluted EPS $(0.35)).

Year to date, the company posted a net loss of $43.5 million. Cash and cash equivalents were $77.7 million (down from $98.8 million at December 31, 2024). Operating cash flow for the nine months was $6.8 million; investing used $17.8 million (mainly capex), and financing used $10.7 million, including repurchases of 1,029,657 shares for $2.5 million (Q3: 600,923 shares for $1.5 million). Long-term debt was $329.3 million and the long-term financing obligation to VICI totaled $712.1 million; Q3 cash payments under the Master Lease were $14.4 million. Shareholders’ equity stood at a deficit of $(78.6) million. Casinos Poland was out of compliance with certain covenants, allowing a 0.50% rate increase without acceleration. The company expects sports betting in Missouri with BetMGM to begin on December 1, 2025. Shares outstanding were 29,445,056 as of November 6, 2025.

Rhea-AI Summary

Century Casinos, Inc. filed a 10‑Q/A to restate prior financials after correcting the calculation of invested capital used in the Rocky Gap reporting unit valuation, resulting in a goodwill impairment of $26.5 million recorded for that unit. Management also revised its conclusion and determined that disclosure controls and procedures were not effective as of June 30, 2025 due to a material weakness in reviewing key impairment inputs.

The restatement reduced goodwill by $26.473 million, lowered total assets to $1,181.978 million, decreased deferred income taxes by $1.042 million, and increased retained loss to $(177.456) million, bringing Century Casinos shareholders’ equity to $(66.924) million and total equity to $24.768 million. The company states prior financial statements and related communications for the affected periods should no longer be relied upon.

Operating results for Q2 2025 remain as presented: net operating revenue $150.818 million, interest expense $26.211 million, and a net loss attributable to shareholders of $12.309 million ($0.40 per share). 30,020,396 common shares were outstanding as of August 4, 2025.

Rhea-AI Summary

Century Casinos, Inc. (CNTY) filed an amended quarterly report for the period ended March 31, 2025 to restate prior figures after identifying an error in the impairment testing for its Rocky Gap reporting unit. The correction resulted in a $26.5 million goodwill impairment recorded in Q4 2024 and adjustments to balances presented in this report.

As restated at March 31, 2025, goodwill is $10.2 million, total assets are $1,186.1 million, retained loss is $(165.1) million, and Century Casinos shareholders’ equity (deficit) is $(54.3) million. Management concluded that disclosure controls and procedures were not effective as of March 31, 2025 due to a material weakness related to reviewing key inputs and assumptions used in impairment testing.

Operating performance for Q1 2025 remains as previously reported: net operating revenue of $130.4 million, net loss of $18.9 million, and loss per share of $0.67. Cash used in operating activities was $4.6 million, and interest expense remained elevated given the $703.5 million financing obligation under the VICI master lease.