LUCK Q3 2021 Earnings Report — Lucky Strike Entertainment Corporation Revenue & Financial Results | Market Cap Arena

Lucky Strike Entertainment CorporationLUCK

Q3 2021 Earnings

Reported March 31, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2021	Q2 2021	Q3 2020	QoQ Change	YoY Change
Revenue	$112M	$74M	—	51.7%	—
Op. Income	-$685.0K	-$27M	—	97.4%	—
Gross Margin	16.1%	-16.3%	—	32.4pp	—
Net Margin	-20.6%	-66.4%	—	45.8pp	—
EPS (Diluted)	$-0.15	$-0.31	—	51.6%	—
Free Cash Flow	$21M	-$22M	—	193.5%	—

Income Statement

Item	Amount
REVENUE	$112M
Cost of Revenue	$94M
GROSS PROFIT	$18M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$18M
Other Expenses	$1M
Operating Expenses	$19M
Cost & Expenses	$113M
OPERATING INCOME	-$685.0K
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	-$23M
Income Tax Expense	$103.0K
Net Income from Continuing Ops	-$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$25M
D&A	$23M
EBIT	-$685.0K
EBITDA	$22M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$23M
Depreciation & Amortization	$23M
Stock-Based Compensation	$826.0K
Deferred Income Tax	$0
Other Non-Cash Items	$4M
Change in Working Capital	$24M
OPERATING CASH FLOW	$29M
Capital Expenditure	-$8M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$433.0K
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	-$2M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$28.0K
NET CASH FROM FINANCING	-$2M
FREE CASH FLOW	$21M
Net Change in Cash	$17M