MELCO RESORTS & ENTERTAINMENT LIMITED

MLCO ·Consumer Cyclical, Lodging, Hong Kong
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $5.28B $4.52B $3.97B $4.80B $5.09B $4.08B $3.83B $2.64B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $467.1M $446.6M $383.9M $311.7M $255.8M $227.0M $220.2M $199.8M
Operating Income $604.5M $363.1M $98.4M $685.4M $839.8M $507.1M $445.1M $92.5M
Operating Margin 11.4% 8.0% 2.5% 14.3% 16.5% 12.4% 11.6% 3.5%
Interest Expense $255.8M $271.9M $118.3M $124.1M $152.7M $109.6M $113.8M $93.4M
Pretax Income $312.2M $75.1M $-59.8M $530.4M $580.5M $395.7M $287.2M $-9.6M
Income Tax Expense $-10.0K $8.2M $1.0M $3.0M $2.4M $-2.9M $-1.6M $920.0K
Net Income $344.8M $175.9M $105.7M $608.3M $637.5M $417.2M $294.7M $-10.5M
Net Margin 6.5% 3.9% 2.7% 12.7% 12.5% 10.2% 7.7% -0.4%
EPS (Basic) $0.23 $0.12 $0.07 $0.37 $0.39 $0.25 $0.18 $-0.01
EPS (Diluted) $0.23 $0.12 $0.07 $0.37 $0.38 $0.25 $0.18 $-0.01
Shares Outstanding (Basic) 1.48B 1.52B 1.62B 1.65B 1.65B 1.65B 1.60B 1.60B
Shares Outstanding (Diluted) 1.50B 1.53B 1.63B 1.66B 1.66B 1.66B 1.62B 1.60B
Dividends Per Share $0.56 $0.24 $0.04 $0.21
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