Inspired Entertainment

Inspired Entertainment, Inc. is a game technology company, which engages in the provision of gaming systems. It operates through the following segments: Gaming, Virtual Sports, Interactive, Leisure, and Corporate. The Gaming segment supplies gaming terminals as well as gaming software and games for the terminals. The Virtual Sports segment designs, develops, markets, and distributes ultra-high-definition games that create an always-on sports wagering experience in betting shops, other locations, and online. The Interactive segment uses unique interactive-only content to create games that are hosted on remote gaming servers. The Leisure segment offers gaming terminals and amusement machines to the leisure and hospitality sectors. The Corporate segment consists of selling, general and administrative expenses, depreciation and amortization, capital expenditures, and right of use assets. The company was founded on May 30, 2014 and is headquartered in New York, NY.

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Earnings data Q3 2024

Earnings data Q4 2024

Inspired Entertainment hits $100M EBITDA milestone, eyes digital growth

Inspired Entertainment reported strong financial performance in 2022, driven by digital businesses and key partnerships.
While facing challenges in cabinet installations and EBITDA margins, the company remains optimistic about growth opportunities.
Management's focus on content creation, capacity expansion, and strategic capital allocation sets a positive outlook for 2023.
The company's sustainable margins, upcoming iLottery platform launch, and VLT market focus position it for continued success.

Inspired Entertainment (INSE) reports robust Q1 performance and eyes growth opportunities

Inspired Entertainment (INSE) delivered a strong Q1 performance driven by digital business growth and gaming machines' success in the UK. Despite challenges in partnerships and margin expectations, the company remains optimistic about opportunities in iLottery, content expansion, and Vantage terminal deployment.

Inspired Entertainment reports mixed Q2 results, eyes growth opportunities

Inspired Entertainment's Q2 performance showcased mixed results with strong digital business growth and challenges in gaming and leisure segments.
The company's strategic focus on M&A opportunities and potential distributed gaming legalization in North Carolina positions it for future growth.
Despite short-term challenges, Inspired Entertainment expresses confidence in positive growth for the second half of the year.
Overall, the company remains optimistic about its future outlook and expresses gratitude to participants in the earnings call.

Inspired Entertainment reports Q3 performance, plans growth acceleration strategies

Inspired Entertainment's Q3 2023 performance was solid, with a focus on compliance and EBITDA adjustments.
The company's strengths lie in the Interactive digital business, success in retail with the Vantage cabinet, and plans for growth acceleration.
Challenges include plateauing Virtual Sports business, retail EBITDA decline, and addressing issues in holiday parks business.
Opportunities for Inspired Entertainment include new product launches, market expansions, and strategic focus on growth areas like iLottery.

Inspired Entertainment reports robust Q4 earnings and strategic growth plans

Inspired Entertainment delivered solid financial performance in Q4 2023, driven by growth in the Digital and Interactive segments and strong retail business results.
The company's strategic initiatives to enhance cost efficiency, introduce new products, and expand into key markets position it well for future growth and profitability.
While facing challenges in Virtual Sports growth and leverage management, Inspired Entertainment remains focused on maximizing revenue and driving shareholder value.
Overall, Inspired Entertainment's performance highlights its resilience, adaptability, and strategic focus on sustainable growth in the gaming and entertainment industry.

Inspired Entertainment overcomes challenges, anticipates growth in Q2

Inspired Entertainment navigated challenges in Q1 2024 while showing strength in key business segments. Strategic initiatives for margin expansion and cost reduction are underway to drive growth. Anticipated improvements in EBITDA and market share gains position the company for future success.

Inspired Entertainment reports robust Q3 performance and eyes global expansion

Overall, Inspired Entertainment demonstrated strong financial performance and strategic initiatives to drive growth across various segments.
The company's focus on digital business growth, new market expansions, and operational efficiencies positions it well for future success.
While facing challenges in certain segments, Inspired Entertainment's proactive approach to restructuring and strategic reviews shows a commitment to long-term sustainability.

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Inspired Entertainment, Inc. is a game technology company, which engages in the provision of gaming systems. It operates through the following segments: Gaming, Virtual Sports, Interactive, Leisure, and Corporate Functions. The Gaming segment supplies gaming terminals as well as gaming software and games for the terminals. The Virtual Sports segment designs, develops, markets, and distributes ultra-high-definition games that create an always-on sports wagering experience in betting shops, other locations, and online. The Interactive segment uses unique interactive-only content to create games that are hosted on remote gaming servers. The Leisure segment offers gaming terminals and amusement machines to the leisure and hospitality sectors. The Corporate Functions segment includes selling, general and administrative expenses, depreciation and amortization, capital expenditures, and right of use assets. The company was founded on May 30, 2014 and is headquartered in New York, NY.

New Inspired Products and Gaming Industry Firsts Showcased at Inspired Booth #S2-310 NEW YORK , Feb. 6, 2023 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, will once again be showcasing its suite of entertaining and differentiated cross-platform content in Booth #S2-310 at this year's ICE tradeshow in London from February 7-9.  Highlights will include Inspired's new Vantage™ server-based ready cabinet, its feature-rich omni-channel content, the ground-breaking licensed Home Run Shootout Legends™ virtual baseball game and NFLA Legends Football™, and the first and only Women's Virtual Soccer™, just to name a few.

INSPIRED DEBUTS COMPELLING HARDWARE AND FEATURE-RICH CONTENT AT ICE 2023

Inspired Entertainment (INSE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Inspired Entertainment (INSE) is on the Move, Here's Why the Trend Could be Sustainable

The mean of analysts' price targets for Inspired Entertainment (INSE) points to a 50.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 50.36% Upside in Inspired Entertainment (INSE): Here's What You Should Know

Does Inspired Entertainment (INSE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Inspired Entertainment (INSE) is a Great Choice

Inspired Entertainment (INSE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Inspired Entertainment (INSE) Upgraded to Buy: Here's What You Should Know

Inspired Entertainment (INSE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Inspired Entertainment (INSE) Run Higher on Rising Earnings Estimates?

The consensus price target hints at a 53.7% upside potential for Inspired Entertainment (INSE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Inspired Entertainment (INSE)? Wall Street Analysts Think 53.7%

The mean of analysts' price targets for Inspired Entertainment (INSE) points to a 56.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 57% Upside in Inspired Entertainment (INSE): Here's What You Should Know

Paddy Power to Procure Approximately 1,400 Vantage™ Cabinets in New Contract NEW YORK , Dec. 12, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today announced a new exclusive long-term contract with Paddy Power, a UK-based bookmaker that owns and operates over 350 betting shops in the UK and is a central brand within Flutter Entertainment plc (LSE: FLTR), a global sports betting, gaming, and entertainment provider. As part of this agreement, Inspired will exclusively provide Paddy Power with fully integrated managed services for its entire UK estate of approximately 1,400 terminals, including installation, remote and field technology support, as well as content and platform deployment.

INSPIRED SIGNS LONG-TERM EXCLUSIVE AGREEMENT WITH PADDY POWER SECURING ENTIRE UK BETTING SHOP ESTATE

Inspired Entertainment, Inc. (NASDAQ:INSE ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants A. Lorne Weil - Executive Chairman Brooks Pierce - President and Chief Operating Officer Stewart Baker - Executive Vice President and Chief Financial Officer.

Inspired Entertainment, Inc. (INSE) Q3 2023 - Earnings Call Transcript

Inspired Entertainment (INSE) delivered earnings and revenue surprises of 12.90% and 3.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Inspired Entertainment (INSE) Tops Q3 Earnings and Revenue Estimates

Betfred to Procure 5,000 Vantage™ Cabinets in New Contract NEW YORK , Nov. 9, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today announced a new five-year contract with Betfred Group, a UK-based bookmaker that owns and operates over 1,400 betting shops in the UK with over 50 years of experience. As part of this agreement, Inspired will exclusively provide Betfred with fully integrated managed services for its entire estate of over 5,500 terminals, including installation, remote and field technology support, as well as platform and content deployment.

INSPIRED SIGNS LONG-TERM PARTNERSHIP WITH BETFRED SECURING INSPIRED'S LARGEST UK BETTING SHOP ESTATE

Increases in Revenue and Adjusted EBITDA on a functional currency basis highlight strength in operating results Total Revenue of $74.9 million and Net Income of $10.2 million, or $0.39 per basic share and $0.35 per diluted share Record Virtual Sports Revenue of $14.6 million (39% increase over prior-year period) and record Virtual Sports Adjusted EBITDA of $12.6 million (46% increase over prior-year period) Adjusted EBITDA 1 of $27.8 million; Adjusted EBITDA contribution 2  from the aggregate online business (Virtual Sports and Interactive) increased to 50% from 36% in prior-year period Contract with Betfred for the sale of terminals and provision of fully integrated managed services for its entire estate signed subsequent to the end of the quarter Since announcing its share repurchase program, Inspired has repurchased 1,067,340 shares of common stock for $10.4 million (average price of $9.79 per share 3 ) as of November 9, 2022 NEW YORK , Nov. 9, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported unaudited financial results for the three-month period ended September 30, 2022. Third quarter underlying results reflect growth in the Company's aggregate online business, which includes the Virtual Sports and Interactive segments, and ongoing strength in the Gaming and Leisure segments.

INSPIRED REPORTS THIRD QUARTER 2022 RESULTS

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) announced that it will report unaudited financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022, before the market opens. Inspired management will then host a conference call and simultaneous webcast at 8:30 a.m.

INSPIRED TO REPORT THIRD QUARTER 2022 UNAUDITED RESULTS AND HOLD CONFERENCE CALL ON NOVEMBER 9

Inspired Showcases its Latest Award-Winning Virtual Sports Content and Top Performing iGaming and VLT Titles at Booth #4130 NEW YORK , Oct. 6, 2022 /PRNewswire/ -- At this year's Global Gaming Expo (G2E) at the Venetian in Las Vegas, Nevada from October 10-13, Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) will once again be showcasing its suite of entertaining and differentiated cross-platform content at Booth #4130. Highlights will include Inspired's Home Run Shootout Legends™ virtual game with all-time great players such as Babe Ruth and Mickey Mantle, NFLA Legends Football™ virtual products featuring NFLA players and the first ever Women's Soccer virtual product, as well as an assortment of new licenses, products and solutions across platforms.

INSPIRED DELIVERS WINNING ENTERTAINMENT AT G2E 2022

The consensus price target hints at a 61.9% upside potential for Inspired Entertainment (INSE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Inspired Entertainment (INSE) Could Surge 62%: Read This Before Placing a Bet

NEW YORK , Aug. 12, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today noted recent speculation in the press and financial markets regarding a potential transaction with PlayAGS, Inc. As a matter of policy, Inspired does not comment on market rumors or speculation. About Inspired Entertainment, Inc. Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, social and leisure operators across retail and mobile channels around the world.

Inspired Responds to Market Speculation

PlayAGS

Gaming equipment provider Inspired Entertainment has made a $370 million offer to acquire slot machine maker PlayAGS Inc, people familiar with the matter said on Friday.

Exclusive: Inspired Entertainment in bid to buy slot machine maker PlayAGS - sources

Inspired Entertainment, Inc. (NASDAQ:INSE ) Q2 2022 Earnings Conference Call August 10, 2022 9:30 AM ET Company Participants Lorne Weil – Executive Chairman Brooks Pierce – President and Chief Operating Officer Stewart Baker – Executive Vice President and Chief Financial Officer Conference Call Participants Barry Jonas – Truist Securities David Bain – B. Riley Securities Chad Beynon – Macquarie Ryan Sigdahl – Craig-Hallum Capital Group Edward Engel – ROTH Capital Operator Good morning, everyone, and welcome to the Inspired Entertainment's Second Quarter 2022 Conference Call.

Inspired Entertainment, Inc's (INSE) Management on Q2 2022 Results - Earnings Call Transcript

Inspired Entertainment (INSE) delivered earnings and revenue surprises of 44.44% and 9.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Inspired Entertainment (INSE) Surpasses Q2 Earnings and Revenue Estimates

Revenue increased 72% to $71.3 million from $41.5 million in prior year Virtual Sports Revenue increased 71% year-over-year to a record quarterly level - $14.0 million Net Income increased to $7.5 million, or $0.26 per diluted share, from a Net Loss of $43.8 million in prior year Adjusted EBITDA 1 increased 227% to $26.1 million from $8.0 million in prior year Secured long-term strategic partnership with William Hill for UK gaming estate Since announcing its share repurchase program, Inspired has repurchased 734,349 shares of common stock for $7.1 million (average price of $9.73 per share) as of August 9, 2022 NEW YORK , Aug. 9, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported unaudited financial results for the three-month period ended June 30, 2022. Total Revenue increased 72% year-over-year for the three months ended June 30, 2022 on a reported basis2 and 91% in functional currency.

INSPIRED REPORTS SECOND QUARTER 2022 RESULTS

NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) announced that it will report unaudited financial results for the second quarter ended June 30, 2022 on Tuesday, August 9, 2022, after market close. Inspired management will host a conference call and simultaneous webcast at 9:30 a.m.

INSPIRED TO REPORT SECOND QUARTER 2022 UNAUDITED RESULTS ON AUGUST 9 AND HOLD CONFERENCE CALL ON AUGUST 10

Moody's Upgrades Rating to B2 with a Positive Outlook from B3 with a Stable Outlook NEW YORK , July 14, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that Moody's Investors Services ("Moody's") has upgraded Inspired's corporate rating to B2 with a positive outlook from a previous rating of B3 with a stable outlook. According to the report from Moody's, its positive rating outlook reflects Moody's view that, in the next 12-18 months, Inspired's quality content and the increasing penetration of its online products will continue to attract players and gamblers, driving top-line growth and its leverage will rapidly trend downwards.

INSPIRED ANNOUNCES CREDIT RATING UPGRADE FROM MOODY'S

Loto-Québec launches  the first of many Inspired digital lottery titles NEW YORK , June 8, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today announced the launch of its first iLottery offerings in partnership with longtime customer Loto-Québec. Inspired's Pharaon Réaction™ iLottery game, developed exclusively for Loto-Québec and its thriving player base, has officially launched on Loto-Quebec's online gaming website and app.

INSPIRED LIVE WITH iLOTTERY

The average of price targets set by Wall Street analysts indicates a potential upside of 87.3% in Inspired Entertainment (INSE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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