LUCK Q2 2021 Earnings Report — Lucky Strike Entertainment Corporation Revenue & Financial Results | Market Cap Arena

Lucky Strike Entertainment CorporationLUCK

Q2 2021 Earnings

Reported December 31, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2021	Q1 2021	Q2 2020	QoQ Change	YoY Change
Revenue	$74M	$50M	—	48.2%	—
Op. Income	-$27M	-$19M	—	-37.5%	—
Gross Margin	-16.3%	-47.2%	—	30.9pp	—
Net Margin	-66.4%	-81.7%	—	15.2pp	—
EPS (Diluted)	$-0.31	$-0.26	—	-19.2%	—
Free Cash Flow	-$22M	-$8M	—	-179.1%	—

Income Statement

Item	Amount
REVENUE	$74M
Cost of Revenue	$86M
GROSS PROFIT	-$12M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$16M
Other Expenses	-$2M
Operating Expenses	$15M
Cost & Expenses	$101M
OPERATING INCOME	-$27M
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	-$49M
Income Tax Expense	$106.0K
Net Income from Continuing Ops	-$49M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$49M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$51M
D&A	$23M
EBIT	-$27M
EBITDA	-$4M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$49M
Depreciation & Amortization	$23M
Stock-Based Compensation	$696.0K
Deferred Income Tax	$0
Other Non-Cash Items	$2M
Change in Working Capital	$9M
OPERATING CASH FLOW	-$15M
Capital Expenditure	-$8M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$108.0K
NET CASH FROM INVESTING	-$7M
Net Debt Issuance	-$2M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$4M
FREE CASH FLOW	-$22M
Net Change in Cash	-$26M