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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 YORK, Dec. 20, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, and Cristaltec S.p.A. ("Cristaltec"), a leader in design, production and distribution of games and devices for the amusement with prize ("AWP") sector in Italy, announced today that they have signed a new agreement to transform their strategic partnership in Italy.

INSPIRED AND CRISTALTEC TO TRANSFORM STRATEGIC PARTNERSHIP IN ITALY

NEW YORK, Nov. 16, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has signed a multi-market contract to launch its best-in-class interactive Virtual Sports content with Novibet, one of the leading online gaming companies operating in several countries across Europe. Starting with the Greek market, Inspired's Virtual Sports are now hosted in a dedicated section on novibet.gr, offering to players customized and localized Virtual Sports options on a 24/7/365 basis.

Inspired Signs Multi-Market Online Virtual Sports Contract With Novibet

Inspired Entertainment, Inc. (INSE) Management on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Third Quarter Revenue of $77.6 million demonstrates continued momentum in our Interactive and Virtual Sports segments and strong recovery in our Gaming and Leisure segments from prior-year levels Third Quarter Interactive Revenue increased 73.4% year-over-year Third Quarter Net Income increased to a quarterly record $25.0 million Third Quarter Adjusted EBITDA 1 of $30.1 million, ahead of management's Third Quarter guidance range of $28 million to $30 million Generated $19.8 million in operating cash flow during Third Quarter Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today reported financial results for the three-month period ended September 30, 2021. The results reflect continued growth in the Interactive and Virtual Sports segments and strong recovery in the Gaming and Leisure segments following customers' retail venues reopening following COVID-19 lockdowns.

Inspired Reports Third Quarter 2021 Results

Inspired Entertainment (INSE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Inspired Entertainment (INSE) to Report a Decline in Earnings: What to Look Out for

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it will report financial results for the three months ended September 30, 2021 on Thursday, November 11, 2021, before the market opens.  Inspired management will host a conference call and simultaneous webcast at 9:00 a.m.

Inspired to Report Third Quarter 2021 Results and Hold Conference Call on November 11

NEW YORK, Nov. 3, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has signed a contract to launch its best-in-class interactive Virtual Sports content with Mozzart, a leading iGaming operator in Eastern Europe.  Inspired has agreed to supply Mozzart with the Virtual Plug & Play™ ("VPP") solution, which will allow Mozzart's players to access multiple Virtual Sports online, including soccer, basketball and football, via a direct wallet integration.

Inspired Signs Online Virtual Sports Contract With Mozzart

NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) has enhanced its partnership with Loto-Québec to be the first customer to launch Inspired's iLottery games.  Loto-Québec has been a long-time customer and currently offers Inspired's best-in-class Interactive casino content on its online gaming website, lotoquebec.com.

Inspired To Launch iLottery Games With Loto-Québec

Inspired Entertainment, Inc. (INSE) on Q2 2021 Results - Earnings Call Transcript

Shares of Inspired Entertainment (NASDAQ:INSE) moved higher by 0.4% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 77.98% year over year to ($1.94), which missed the estimate of ($0.78).

Inspired Entertainment: Q2 Earnings Insights

NEW YORK, Aug. 12, 2021 /PRNewswire/ --  All constraints on betting shops, pubs and holiday parks in England lifted on July 19 th following COVID-19-related restrictions associated with the staged reopening of operations during the second quarter 2021 Company refinanced all of its debt during the second quarter, issuing £235.0 million ($324.7 million) of 7.875% senior secured notes and establishing a £20.0 million ($27.6 million) secured revolving facility Company facilitated Landgame Trust's secondary offering of 6.2 million shares of common stock of the Company, which was oversubscribed and included allocations to over 40 institutional investors Second Quarter Interactive Revenue increased 69.0% year-over-year, notwithstanding the staged reopening of retail customers during the quarter Second Quarter Revenue increased 166.4% year-over-year to $41.5 million Second Quarter Net Loss of $43.8 million Second Quarter Adjusted EBITDA1 increased 289.3% year-over-year to $8.0 million Management affirms third quarter 2021 Adjusted EBITDA Guidance of $28 million to $30 million Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) today reported financial results for the three-month period ended June 30, 2021. The Company generated total revenue of $41.5 million, a net loss of $43.8 million and Adjusted EBITDA of $8.0 million in the three months ended June 30, 2021 on a reported basis2.

Inspired Reports Second Quarter 2021 Results

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it will report financial results for the three months ended June 30, 2021 on Thursday, August 12, 2021, before the market opens.  Inspired management will host a conference call and simultaneous webcast at 8:00 a.m.

Inspired To Report Second Quarter 2021 Results and Hold Conference Call On August 12

NEW YORK, July 29, 2021  /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that the Company has successfully achieved ISO 27001 certification, the world's most prestigious information security management system ("ISMS") certification, demonstrating the Company's commitment to the highest level of internal compliance and security.  ISO 27001 was developed by the International Organization for Standardization ("ISO") as a technology-neutral, vendor-neutral international standard for information security.

Inspired Achieves Iso 27001 Certification

Inspired Entertainment Inc (NASDAQ: INSE) has launched V-Play Plug & Play solution, an end-to-end online and mobile virtual sports offering on BetMGM Casino, Borgata Casino, and Party Casino in New Jersey. BetMGM Casino, Borgata Casino, and Party Casino now offer New Jersey players a full suite of virtual sports, including NFL Alumni (NFLA) football, basketball, soccer, horses, dogs, motor racing, and marbles.

Inspired Entertainment Launches Mobile Virtual Sports Offering On BetMGM In New Jersey

NEW YORK, June 24, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has joined with OPAP S.A. ("OPAP"), the leading Greek betting and lottery operator, to launch V-Play Soccer 3.0 and Matchday 3.0 with enhanced graphics, new features and European Tournament, which offers never-before-seen functionality, across OPAP's retail estate throughout Greece.

Inspired Launches V-Play™ Soccer 3.0, Matchday 3.0 And European Tournament With OPAP

NEW YORK, June 10, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has launched V-Play Soccer 3.0™ online in Greece on www.stoiximan.gr . Kaizen Gaming, one of the fastest-growing Game-Tech companies in Europe that operates in Greece and Cyprus under the Stoiximan brand and in Germany, Romania, Portugal and Brazil under the international brand Betano, is launching three channels of Soccer initially, including versions of the English League, a European League (featuring teams which Stoiximan and Betano sponsors) and a European National teams Soccer competition, which will be quickly followed by a version of the Greek League.

Inspired Launches V-Play Soccer 3.0 with Kaizen Gaming for the Greek Market

NEW YORK, June 1, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the closing of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of its common stock at a price to the public of $9.25 per share. The Selling Stockholder also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions, which was exercised in full by the underwriters on May 26, 2021.

Inspired Announces Closing Of Public Offering

Inspired Entertainment Inc's (NASDAQ: INSE) selling shareholder, the Landgame Trust, sold 5.4 million shares at $9.25 per share in a secondary public equity offering.  The offer price signifies a 2.1% discount to Inspired's Tuesday closing price of $9.45.

Inspired Entertainment Prices Secondary Equity Offering By Stakeholder Landgame Trust at 2.1% Discount

NEW YORK, May 26, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the pricing of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of its common stock at a price to the public of $9.25 per share. The Selling Stockholder has also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions.

Inspired Announces Pricing Of Public Offering

NEW YORK, May 25, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the launch of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of Inspired's common stock. The Selling Stockholder has also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions.

Inspired Announces Launch Of Public Offering

NEW YORK, May 20, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that its wholly-owned subsidiary, Inspired Entertainment (Financing) plc, has closed its previously announced private offering of £235.0 million aggregate principal amount of senior secured notes due 2026 (the "Senior Secured Notes"). The Senior Secured Notes bear interest at 7.875% per annum, payable semi-annually on June 1 and December 1, beginning on December 1, 2021.

Inspired Announces Closing Of £235 Million Senior Secured Notes Offering

NEW YORK, May 19, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that its remote gaming server ("RGS") platform has launched in Michigan.  An initial batch of Interactive games is now live, with more titles to follow shortly.

Inspired Interactive Games Go Live In Michigan

NEW YORK, May 13, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the pricing of its previously announced private offering of £235.0 million aggregate principal amount of its 7.875% senior secured notes due 2026 (the "2026 Senior Secured Notes").  The 2026 Senior Secured Notes will be issued by Inspired Entertainment (Financing) plc, a wholly owned finance subsidiary of Inspired, and will be guaranteed by Inspired and certain of its English and U.S. subsidiaries.

Inspired Announces Pricing Of £235 Million Senior Secured Notes Offering

Inspired Entertainment, Inc. (INSE) Q1 2021 Results - Earnings Call Transcript

Shares of Inspired Entertainment (NASDAQ:INSE) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 5.13% year over year to ($0.74), which beat the estimate of ($1.16).

News for Inspired Entertainment Stock (INSE)