1. Panama Stocks

  2. •

    Consumer Cyclical

  3. •

    Gambling, Resorts & Casinos
Thunderbird Resorts, Inc.

Thunderbird Resorts, Inc.

THRSF
Thunderbird Resorts, Inc.US flagOther OTC
0.03
USD
-0.12
- -
1.93MMarket Cap
Thunderbird Resorts, Inc.
THRSF
(Other OTC)

Recent

price

0.03

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
5.67
5.84
6.11
5.27
2.4
2.3
1.92
1.76
1.59
0.72
0.61
0.54
0.37
0.43
0.47
0.48
1.6
Revenue per Share
-1.71
-1.03
0.79
-0.57
-0.26
-0.62
-0.49
0.05
-0.3
-0.2
0.43
-0.07
-0.09
-0.02
0.17
0.08
-0.21
Basic EPS, GAAP
-3.38
0.21
0.11
0.38
0.11
0.05
0.19
-0.04
0.08
-0.19
-0.07
0.05
0.06
0.12
0.11
-0.05
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.86
0.8
1.6
1.12
1.24
0.62
0.16
0.25
-0.05
-0.22
0.23
0.17
0.07
0.05
0.22
0.3
0.16
Book Value per Share
1.15
0.22
1.78
1.42
1.31
0.59
0.03
-0.14
-0.42
-0.56
0.01
-0.03
-0.13
-0.17
-0.01
0.09
-0.19
Tangible Book Value per Share
20
20
21
23
23
23
23
24
24
25
28
28
30
31
31
32
25
Basic Weighted Avg Shares
111
115
126
119
55
53
44
41
38
18
17
15
11
13
15
15
40
Sales/Revenue/Turnover
-7.85
-1.9
9.85
3.53
-7.52
-3.97
-2.98
0.61
-2.48
-4.47
-6.82
3.11
6.45
16.2
18.06
14.82
0.72
Operating Margin (%)
14
16
15
15
7
5
4
3
3
2
2
2
2
2
1
1
3
Depreciation Expense
-34
-20
16
-13
-6
-14
-11
1
-7
-5
12
-2
-3
-1
5
3
-5
Net Income, GAAP
- -
- -
387.56
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
35.49
63.76
53.53
86.14
Effective Tax Rate (%)
-30.16
-17.7
12.87
-10.82
-10.69
-27.09
-25.32
2.59
-18.59
-28.59
69.33
-13.36
-23.54
-4.81
36.56
17.38
-12.89
Profit Margin (%)
-13
-13
-11
5
7
11
-10
-10
-18
-22
-9
-10
-11
-8
-9
-7
-15
Working Capital
139
95
91
61
53
38
29
23
16
15
6
9
9
9
4
2
18
LT Debt
49
31
51
44
42
22
9
3
-4
-8
2
1
-2
-4
1
4
1
Total Equity
- -
- -
-21.87
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.1
6.4
6.77
- -
Return on Invested Capital (%)
- -
- -
-23.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.43
24.78
10.59
7.16
Return on Capital (%)
-63.66
-78.31
66.57
-44.06
-21.84
-67.33
-124.18
22.77
- -
- -
- -
-36.63
-76.99
-34.75
127.65
32.59
-84.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'15
Mar'16
Jun'16
ST Debt
9
- -
13
LT Borrowings
23
- -
18
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
- -
24
Market Capitalization
6
4
3

Working Capital

FRC

•

in mil. unless spec.
Dec'15
Mar'16
Jun'16
Total Current Assets
8
- -
7
Cash, Cash Equivalents & STI
3
- -
2
Accounts Receivable, Net
1
- -
2
Inventories
- -
- -
- -
Total Current Liabilities
18
- -
22
Payables & Accruals
- -
- -
- -
ST Debt
9
- -
13
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-77.02%
-68.67%
354.75%
Free Cash Flow
-75.98%
-38.46%
-145.02%
Net Income, GAAP
-241.32%
-230.78%
-49.33%
Sales/Revenue/Turnover
-9.03%
-0.65%
6.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
3
- -
- -
- -
13
2022
3
- -
- -
- -
15
2023
4
- -
- -
- -
15

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.01
- -
- -
- -
-0.02
2022
0.02
- -
- -
- -
0.17
2023
- -
- -
- -
- -
0.08

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
Thunderbird Resorts, Inc., through its various ventures, engages in the sectors of gaming, lodging, and property development across its operational regions. The company offers a range of casino entertainment, including various table games, slot machines, and sports wagering opportunities. Its gaming presence includes three casinos and three slot parlors, encompassing approximately 630 gaming positions primarily in Nicaragua. In the hospitality segment, the company manages and owns resort properties. Strategically, Thunderbird has recently focused on real estate initiatives, notably converting a 66-suite hotel in Peru into condominium apartments, with sales largely completed by mid-2023. Additionally, it is assessing the conversion of its substantial office spaces within the same Peruvian complex into residential units or flexible office solutions. The company also retains ownership interests in real estate assets in Costa Rica. Established in 1987 as International Thunderbird Gaming Corporation, the company adopted its current name in July 2005. Thunderbird Resorts, Inc. maintains its corporate base in Panama, Republic of Panama.