Macau’s Paradise Entertainment Ltd. published its financials for the first quarter of the year and the results don’t look good. The electronic gaming equipment (EGM) manufacturer saw its revenue drop 6.3% year on year and its EBITDA (earnings before interest, taxes, depreciation and amortization) plummet five times that much.

Revenue came in at $36.8 million for the period, of which $3.898 million came from EGMs. A year ago, Paradise reported first-quarter revenue of $6.47 million.

Because of the drop in performance, Paradise saw its EBITDA drop from last year’s gain of $1.758 million to a loss of $50,962 this year.

Paradise had seen gains as it prepared to install gaming terminals at MGM Cotai before that venue opened in the first quarter of last year. That launch helped boost the company’s profits in 2018.