Group 1 - Rush Street Interactive, Inc. (RSI) reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share, but showing an improvement from earnings of $0.01 per share a year ago, resulting in an earnings surprise of -22.22% [1] - The company posted revenues of $254.17 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.73% and showing a year-over-year increase from $193.85 million [2] - Over the last four quarters, the company has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has underperformed the market, losing about 6.1% since the beginning of the year compared to the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Rush Street Interactive is currently favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Group 3 - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $254.1 million, and for the current fiscal year, it is $0.52 on revenues of $1.05 billion [7] - The Gaming industry, to which Rush Street Interactive belongs, is currently ranked in the top 18% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Investor Presentation - February 2025 - Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the estimated future financial performance, financial position and guidance, the business strategy, plans and objectives of management for future operations, potential market access in various jurisdictions, expectations around partners ...

Revenue Performance - Fourth quarter revenue was $254.2 million, an increase of 31% year-over-year from $193.9 million in Q4 2023[4] - Full year 2024 revenue reached $924.1 million, up 34% compared to $691.2 million in 2023[4] - Revenue for the three months ended December 31, 2024, was $254.167 million, a 31% increase from $193.851 million in the same period of 2023[22] - The company is initiating full year 2025 revenue guidance of between $1,010 million and $1,080 million, representing a 13% year-over-year growth at the midpoint[9] Profitability - Fourth quarter net income was $6.5 million, a turnaround from a net loss of $5.5 million in Q4 2023[4] - Net income attributable to Rush Street Interactive, Inc. for the three months ended December 31, 2024, was $2.025 million, compared to a net loss of $1.727 million in the same period of 2023[22] - Adjusted net income for the twelve months ended December 31, 2024, was $43.263 million, compared to an adjusted net loss of $30.035 million in 2023[31] - Earnings per share attributable to Rush Street Interactive, Inc. for the three months ended December 31, 2024, was $0.02, compared to a loss of $0.02 per share in the same period of 2023[31] Adjusted EBITDA - Adjusted EBITDA for Q4 2024 was $30.6 million, up 166% year-over-year from $11.5 million in Q4 2023[4] - Full year 2024 Adjusted EBITDA was $92.5 million, an increase of 1,033% compared to $8.2 million in 2023[4] - Adjusted EBITDA for the three months ended December 31, 2024, was $30.645 million, significantly up from $11.513 million in the same period of 2023[27] - Adjusted EBITDA guidance for 2025 is set between $115 million and $135 million, indicating a 35% year-over-year growth at the midpoint[9] User Metrics - Monthly Active Users (MAUs) in the U.S. and Canada were approximately 205,000, up 28% year-over-year, while MAUs in Latin America were approximately 348,000, up 71% year-over-year[4] - Average Revenue per Monthly Active User (ARPMAU) in the U.S. and Canada was $346, slightly up from $345 in the prior year[4] Operating Costs - Total operating costs and expenses for the three months ended December 31, 2024, were $242.051 million, compared to $197.378 million in the same period of 2023, reflecting a 22.6% increase[22] - Total adjusted operating costs and expenses for the three months ended December 31, 2024, were $232.598 million, compared to $189.953 million in the same period of 2023[28] Cash Position - Unrestricted cash and cash equivalents as of December 31, 2024, were $229 million, an increase of $61 million for the full year[4] Comprehensive Income - The company reported a comprehensive income of $2.852 million for the three months ended December 31, 2024, compared to a comprehensive loss of $3.630 million in the same period of 2023[25] Foreign Currency Impact - The company experienced a foreign currency translation adjustment loss of $3.636 million for the three months ended December 31, 2024[25] Share Information - The weighted average common shares outstanding for the three months ended December 31, 2024, was 96,881,224, compared to 71,601,297 in the same period of 2023[31]

Core Insights - Rush Street Interactive, Inc. reported a fourth quarter revenue of $254 million, representing a 31% year-over-year increase [1][6] - The full year 2024 revenue reached $924 million, up 34% compared to 2023 [1][6] - The company achieved a fourth quarter net income of $6.5 million, a significant turnaround from a net loss of $5.5 million in the same quarter of the previous year [1][6] - Adjusted EBITDA for the fourth quarter was $30.6 million, reflecting a 166% increase year-over-year [1][6] - For the full year 2024, adjusted EBITDA was $92.5 million, up 1,033% from $8.2 million in 2023 [1][6] - The company has initiated revenue guidance for full year 2025, expecting between $1,010 million and $1,080 million, and adjusted EBITDA guidance of between $115 million and $135 million [1][12] Fourth Quarter 2024 Highlights - Revenue for the fourth quarter was $254.2 million, an increase from $193.9 million in Q4 2023 [6] - Monthly Active Users (MAU) in the U.S. and Canada were approximately 205,000, up 28% year-over-year [6] - MAUs in Latin America were approximately 348,000, representing a 71% increase year-over-year [6] - Average Revenue per Monthly Active User (ARPMAU) in the U.S. and Canada was $346, slightly up from $345 in the prior year [6] Full Year 2024 Highlights - Total revenue for the full year was $924.1 million, compared to $691.2 million in 2023 [6] - The company reported a net income of $7.2 million for the full year, a recovery from a net loss of $60.1 million in 2023 [6] - Adjusted advertising and promotions expense decreased by 1.6% to $155.8 million from $158.4 million in 2023 [6] - Unrestricted cash and cash equivalents as of December 31, 2024, were $229 million, an increase of $61 million for the year [6] Management Commentary - The CEO expressed excitement over the record performance in revenue and adjusted EBITDA, highlighting broad-based growth across geographies and products [4] - The company is focused on player needs and leveraging technology to enhance user experience, which has driven growth and profitability [4] - Looking ahead to 2025, the company is optimistic about opportunities stemming from investments in technology and strategic partnerships [5]

Core Viewpoint - Rogers Sugar Inc. has announced an increase in its bought deal public offering to $100,000,000 of Eighth Series convertible unsecured subordinated debentures, with an annual interest rate of 6.0% and a maturity date of June 30, 2030 [1][2]. Group 1: Offering Details - The offering price for the Offered Debentures is set at $1,000 per debenture, with interest payable semi-annually starting June 30, 2025 [1]. - The Offered Debentures are convertible into common shares at a conversion price of $7.10 per share, with conversion options available until the day before maturity or redemption [2]. - The Company has granted an Over-Allotment Option to underwriters to purchase an additional $15,000,000 of Offered Debentures, potentially increasing total gross proceeds to $115,000,000 if fully exercised [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to reduce outstanding amounts under the credit facility of Lantic Inc., a subsidiary of Rogers Sugar, and for general corporate purposes [4]. Group 3: Regulatory and Closing Information - The offering is expected to close around February 19, 2025, subject to regulatory and TSX approval [5]. - The Offered Debentures will be offered in Canada, with a prospectus supplement to be filed by February 12, 2025 [5]. Group 4: Company Overview - Rogers Sugar Inc. is a Canadian corporation that owns Lantic, which has been refining sugar for 135 years and operates multiple sugar refineries and a sugar beet processing facility in Canada [11]. - Lantic markets its sugar products under the "Lantic" and "Rogers" trademarks and offers a variety of sugar types and specialty syrups [11].

Core Viewpoint - Rogers Sugar Inc. announced a public offering of $75,000,000 aggregate principal amount of Eighth Series convertible unsecured subordinated debentures with an annual interest rate of 6.0% and a maturity date of June 30, 2030 [1][2]. Group 1: Offering Details - The offering price for the Offered Debentures is set at $1,000 per debenture [1]. - The Offered Debentures will be convertible into common shares at a conversion price of $7.10 per share [2]. - The Offered Debentures will not be redeemable prior to June 30, 2028, and can be redeemed under specific conditions thereafter [2]. Group 2: Underwriters and Over-Allotment - The offering is being conducted through a syndicate of underwriters co-led by TD Securities Inc. and Scotiabank on a bought deal basis [2]. - An Over-Allotment Option allows underwriters to purchase up to an additional $11,250,000 aggregate principal amount of Offered Debentures within 30 days after the closing of the offering [3]. Group 3: Use of Proceeds - The net proceeds from the offering will be used to reduce outstanding amounts under the credit facility of Lantic Inc., a subsidiary of Rogers Sugar, and for general corporate purposes [4]. Group 4: Regulatory and Closing Information - The offering is expected to close on or about February 19, 2025, subject to regulatory and TSX approval [5]. - The Offered Debentures will be offered in each province of Canada pursuant to a prospectus supplement that will be filed by February 12, 2025 [5]. Group 5: Company Overview - Rogers Sugar Inc. is a corporation established under Canadian laws, holding all common shares of Lantic, which has been refining sugar for 135 years [11]. - Lantic operates cane sugar refineries in Montreal and Vancouver, and the only Canadian sugar beet processing facility in Taber, Alberta [11]. - The company markets its sugar products under the "Lantic" and "Rogers" trademarks across Canada and operates a distribution center in Toronto [11].

Core Viewpoint - Rush Street Interactive, Inc. (RSI) is set to release its fourth quarter and year-end 2024 results on February 26, 2025, followed by a conference call to discuss the results [1]. Company Overview - RSI is an online gaming and sports entertainment company operating in the United States, Canada, and Latin America, with brands including BetRivers, PlaySugarHouse, and RushBet [3]. - The company offers real-money mobile and online operations in fifteen U.S. states and several international markets, including Colombia, Ontario, Mexico, and Peru [3]. - RSI has received multiple awards for its customer service and operational excellence, including the EGR North America Awards Customer Services Operator of the Year for five consecutive years from 2020 to 2024 [3]. - The company was the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council [3].

Core Points - Rogers Sugar Inc. (RSI) will hold a conference call to discuss their 2025 first quarter results on February 6, 2025, at 8:00 a.m. Eastern Time [1] - The conference call will be chaired by CEO Michael Walton and CFO Jean-Sébastien Couillard [1] - Participants can join the call by dialing 1-800-717-1738, and a recording will be available until March 6, 2025 [2] - A webcast of the discussion and presentation will be accessible through a provided link [2] - For further inquiries, contact Jean-Sébastien Couillard, CFO, at the provided telephone number [3]

Core Insights - The Swinomish Indian Tribal Community and Rush Street Interactive, Inc. have launched in-person sports betting at the BetRivers Sportsbook located in the Swinomish Casino & Lodge in Washington, allowing customers to place various types of bets on both U.S. and international sporting events [1][2] Company Overview - Rush Street Interactive (RSI) is a leading online casino and sports betting company operating under the BetRivers brand, with a focus on markets in the United States, Canada, and Latin America. RSI has established a presence in fifteen U.S. states and several international markets [6] - The Swinomish Indian Tribal Community has been operating the Swinomish Casino & Lodge for nearly 40 years, evolving from a small bingo operation to a modern gaming facility and becoming a significant employer in the Anacortes area [8] Partnership Dynamics - The partnership between the Swinomish Indian Tribal Community and RSI is characterized by mutual trust, with RSI providing operational support while allowing the Tribe to maintain full control over its operations. This collaboration aims to enhance the overall gaming experience and drive economic development in the region [4][5] - RSI's expertise in training and support for land-based casino teams is expected to attract new player demographics and optimize cross-promotion with existing gaming and hospitality amenities [4][5]

Core Points - Rogers Sugar Inc. (RSI) will hold a conference call to discuss their 2025 first quarter results on February 6, 2025, at 8:00 a.m. Eastern Time [1] - The call will be chaired by CEO Mr. Michael Walton and CFO Mr. Jean-Sébastien Couillard [1] Participation Details - To participate in the conference call, dial 1-800-717-1738 [2] - A recording of the call will be available by dialing 1-888-660-6264 with access code 01931 until March 6, 2025 [2] - The discussion and presentation will also be accessible through a webcast [2] Contact Information - Jean-Sébastien Couillard serves as Vice President of Finance, Chief Financial Officer, and Corporate Secretary [3] - Contact number for further inquiries is (514) 940-4350 [3] - Company website is www.lanticrogers.com [3]