Drive Shack Inc.

Drive Shack Inc.

DSHK
Drive Shack Inc.US flagOther OTC
10.50
USD
+0.16
- -
9.70MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1,609.09
333.37
474.04
445.03
448.03
437.34
469.25
405.83
327.56
314.11
352.72
322.35
202.19
252.24
Basic EPS, GAAP
1,783.74
316.02
44.98
24.47
107.18
-71.42
-66.07
-90.15
-92.22
-41.18
-62.24
-41.92
-29.42
-35.28
Free Cash Flow per Basic Share
-518.22
230.1
-451.99
-15.46
-4.81
-69.75
-103.83
-153.66
-17.87
-46.18
-44.4
-33.4
14.11
-6.56
Dividend per Share
456.94
371.79
245.33
56.37
56.35
20.33
8.33
8.32
2.08
4.66
6.04
1.22
- -
- -
Book Value per Share
-3,202.47
-4,219.85
-4,944.99
-4,598.23
-4,523.17
-4,581.51
-4,634.24
-4,735.87
-4,812.06
-3,641.85
-3,600.86
-2,937.76
-2,006.91
- -
Tangible Book Value per Share
4,130.78
2,316.51
182.21
111.41
136.97
78.01
36.86
-20.25
-99.27
-50.32
-111.15
-110.87
-98.36
- -
Basic Weighted Avg Shares
- -
- -
1
1
1
1
1
1
1
1
1
1
2
1
Sales/Revenue/Turnover
387
154
292
296
299
293
314
272
220
282
326
369
344
365
Operating Margin (%)
102.16
78.72
-19.45
-11.02
-9.4
-13.2
-5.83
-19.07
-16.98
-5.53
-8.1
-0.48
-0.72
0.2
Depreciation Expense
7
31
128
39
37
35
31
22
27
24
26
30
28
33
Net Income, GAAP
434
151
33
22
77
-42
-39
-55
-56
-31
-52
-42
-44
-45
Effective Tax Rate (%)
- -
- -
0.31
1.62
0.24
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
112.3
98.42
11.4
7.38
25.79
-14.42
-12.3
-20.16
-25.62
-11.13
-15.93
-11.36
-12.85
-12.28
Working Capital
- -
- -
- -
-50
163
104
86
-19
-30
-10
-76
-53
-83
- -
LT Debt
1,852
1,232
6
62
163
163
62
252
232
226
235
257
244
- -
Total Equity
1,073
1,226
258
210
218
171
135
66
10
30
-27
-53
-96
- -
Return on Invested Capital (%)
12.38
4.38
-3.72
-5.4
-4.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
25.58
42.7
-7
-3.17
-4.95
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
16
- -
- -
LT Borrowings
75
- -
- -
LT Finance Leases
182
- -
- -
Preferred Equity and Hybrid Capital
62
- -
- -
Shares Outstanding
2
- -
- -
Market Capitalization
18
31
29

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
52
- -
- -
Cash, Cash Equivalents & STI
13
- -
- -
Accounts Receivable, Net
11
- -
- -
Inventories
3
- -
- -
Total Current Liabilities
105
- -
- -
Payables & Accruals
42
- -
- -
ST Debt
16
- -
- -
Deferred Revenue
16
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.94%
19.92%
80.54%
Free Cash Flow
127.35%
-2.66%
-162.62%
Net Income, GAAP
10.71%
1.98%
5.17%
Sales/Revenue/Turnover
2.54%
6.2%
-6.99%
Total Cash Common Dividend
- -
- -
25.27%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
77
98
100
94
369
2024
75
95
- -
- -
344
2025
75
93
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-6.85
1.12
-4.67
- -
-41.92
2024
-3.77
-1.14
- -
- -
-29.42
2025
-2.98
-5.47
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.51
- -
- -
- -
1.22
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Michael Compton
Full Time Employees
3,451
Sector
Consumer Cyclical
Industry
Leisure
Address
10670 North Central Expressway Dallas TX United States of America 75231
IPO Date
Oct 10, 2002
Business
Drive Shack Inc. (DSHK) owns and operates golf-related leisure and entertainment venues across the United States, focusing on competitive socializing, innovative golf experiences, and hospitality through technology-enabled gaming, chef-inspired food and beverage menus, craft cocktails, and event hosting. The company manages three core brands: Drive Shack outdoor entertainment venues with climate-controlled hitting bays, TrackMan technology, virtual games, artisan pizzas, and full-service bars; Puttery, an indoor mini-golf entertainment concept emphasizing social play and scratch-made dining; and traditional golf properties including owned, operated, leased, and managed courses and country clubs. Incorporated in 2002 and headquartered at 10670 North Central Expressway, Suite 700, Dallas, Texas, Drive Shack serves major metropolitan and tourist markets nationwide with approximately 3,451 employees in the consumer discretionary leisure sector. In recent developments, Drive Shack completed a $50 million debt refinancing in Q2 2025, reducing interest costs by 1.5% and boosting Q1 2025 operating cash flow 38% year-over-year to $18.2 million while stabilizing total debt at $496 million; implemented cost-cutting measures and a 60% membership-based revenue model targeting EBITDA recovery by late 2025; issued Q3 2025 financial statements on November 14, 2025, and postponed a special stockholder meeting; and previously transitioned from traditional golf operations by selling the American Golf portfolio to prioritize entertainment venues, with ongoing expansions like new Puttery locations and digital loyalty enhancements.

Company News

MCPAPIChat
  • Drive Shack Inc. Announces Reverse Stock Split and Corporate Rebrand to Golf Entertainment Group Inc. (GLFE)

  • Drive Shack Inc. Issues Quarterly Financial Statements for Third Quarter 2025

  • Drive Shack Inc. Issues Quarterly Financial Statements for Second Quarter 2025

  • Drive Shack Inc. Issues Quarterly Financial Statements for First Quarter 2025

  • Drive Shack Inc. Announces Release of Third Quarter Financial Results and Postponement of Special Meeting

  • Drive Shack Inc. Releases First and Second Quarter Financial Results

  • Drive Shack Inc. Releases Fourth Quarter and Full-Year 2023 Financial Results

  • Drive Shack Inc. Amends and Restates Tax Benefits Preservation Plan

  • Drive Shack Inc. Announces Grand Opening of Puttery New York City

  • Drive Shack Inc. Announces Third Quarter 2023 Financial Results

  • Drive Shack Inc. Announces Date for Release of Third Quarter 2023 Financial Results

  • Drive Shack Inc. Announces Grand Opening of Puttery Miami

  • Drive Shack Inc. Reports Second Quarter 2023 Financial Results

  • Drive Shack Inc. Announces Grand Opening of Puttery Kansas City

  • Drive Shack Inc. Announces $13.5 Million Common Stock Rights Offering

  • Drive Shack Inc. Announces Grand Opening of Puttery Minneapolis