Full House Resorts Announces Preliminary Fourth Quarter Results and Plans to Build Augmented Casino Hotel in Cripple Creek, Colorado - Seite 3

Full House Resorts, Inc.
Non-GAAP Financial Information
Reconciliation of Net Income and Operating Income to Adjusted EBITDA
(In Millions, Unaudited)

		Preliminary
		Estimated Results Range(1)
		Fourth Quarter 2020
		Low End				High End
Net income		$	1.2			$	4.0
Income tax benefit			(0.2	)			(0.1	)
Interest expense, net of amounts capitalized			2.5				2.4
Adjustment to fair value of warrants and other non-operating items			3.6				1.7
Operating income			7.1				8.0
Depreciation and amortization			1.8				1.7
Loss on disposal of assets and other, net			0.3				0.2
Stock-based compensation			0.1				0.1
Adjusted EBITDA		$	9.3			$	10.0

      (1)   Figures presented are projected estimates for the fourth quarter of 2020.