- As the COVID-19 pandemic subsides, entertainment businesses will show their revenues increased again.
- The Puttery segment of Drive Shack will become the flagship of the company, with the company planning to have 15 venues up and running in 2022.
- In order to fund its expansion, the company will increase its debt, although the majority of its borrowed capital is due in 2035.
- With more than $60 million cash in hand and increasing profit margins, the impact on the company's profitability will be accelerated.
- A small, speculative investment in Drive Shack makes sense, as 2022 will be a pivotal year in the company's growth.
For further details see:
Putting In Puttery Is Putting Drive Shack Into Profitability