SkyCity Entertainment Group Ltd
SKC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|bJ% | LOCK|hl | LOCK|%&@mT# |
SkyCity Earnings: Corporate Action Overshadows Result Within Guidance
SkyCity's fiscal 2025 underlying EBITDA was NZD 234 million, 16% lower than last year. While visitations are up, spending per visit is significantly down. The company also announced a dilutive NZD 240 million equity raise at NZD 0.70 per share.
