# FULL HOUSE RESORTS INC (FLL) · Edgar & Edgarette company card

> Full House Resorts (FLL) grew revenue 3.5% in FY2025 to $302 million, operating margin 1.0% against a 15.8% median for hotels & motels, equity 0.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 891482 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FLL) · [JSON](https://www.pops4.com/boards/company/FLL.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $302M |
| Revenue growth, 1 year | 3.5% |
| Revenue growth per year | 13.8% |
| Operating margin | 1.0% (prior year 0.9%) |
| Net margin | -13.3% |
| Operating cash flow | $10M |
| Capital spending | $13M |
| Free cash flow | −$3M |
| Cash | $41M |
| Long-term debt | $474M |
| Total assets | $650M |
| Total equity | $3M |
| Equity ÷ assets | 0.4% |
| Return on equity | -1583.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.75 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Weathered boat · two warning signs · free cash flow was negative: capital spending outran operating cash (-$2.7M in FY2025); revenue is hard to predict: its 80% range is ±26%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $302.4M (FY2025), total debt $473.6M. Experience: revenue up 3.5% on the year, up 13.8% a year over 4 years; operating margin 1.0%, up from 0.9%. Soundness: equity 0.4% of assets, return on equity -1583.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $256.5M and $440.7M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $223.6M to $508.2M. A statistical range, not company guidance. Against peers (19 filers, $50M+ revenue, hotels & motels): operating margin 1.0% against a 15.8% median; growth 3.5% against 3.8%.

Range logged 2026-09-25, receipt eb3ba8062ac2de1a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-10-21 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000044/0000891482-26-000044-index.htm)
- 8-K · filed 2026-09-08 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000040/0000891482-26-000040-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000036/0000891482-26-000036-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000034/0000891482-26-000034-index.htm)
- 8-K · filed 2026-05-20 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000028/0000891482-26-000028-index.htm)
- 10-Q · filed 2026-05-07 · [filing](https://www.sec.gov/Archives/edgar/data/891482/000089148226000025/0000891482-26-000025-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000891482.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=891482

## Cite

POPS4, Edgar & Edgarette: FULL HOUSE RESORTS INC (FLL) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/FLL. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.