When are the Las Vegas lounge approvals expected, and how much revenue will the lounge contribute to FY 25?
Timing of approvals: The update says the Las Vegas lounge is “approaching approvals,” which in the context of the company’s rollout schedule (Leaf‑trak POS slated for Q3) suggests that the regulatory and permitting green‑lights are expected in the near‑term—most likely by the end of Q2 2025 or early Q3 2025. Investors should watch for any SEC filings, press releases, or local licensing notices in the next 4‑6 weeks that would confirm the exact date.
Revenue impact: MEDH’s guidance targets roughly $1.5 million of total FY 25 revenue, and the lounge is highlighted as a primary growth catalyst. While the release does not break out a standalone figure, management’s emphasis on the lounge implies it will account for a significant portion of that $1.5 M target—likely in the range of $400‑$600 k (≈30‑40 % of total FY 25 revenue) once fully operational.
Trading implications: Given the imminent approval timeline and the material revenue upside tied to the lounge, the stock may experience a short‑term catalyst‑driven rally if approvals are confirmed on schedule. Combine this with the broader bullish sentiment (70 % positive) and the upcoming Q3 POS rollout, a buy‑on‑breakout strategy above the current resistance level (monitor the 50‑day EMA for a clean close) could be appropriate. Conversely, if approval delays extend beyond Q3, the upside potential diminishes, making a tight stop‑loss (≈5‑7 % below entry) prudent. Keep an eye on any forward‑looking statements from the company’s management during earnings calls or investor days, as they will likely clarify the exact contribution of the lounge to FY 25 earnings.