Core Insights - Inspired Entertainment, Inc. has launched a new lottery platform called STRATA™, built entirely on the Google Cloud Platform, aimed at providing scalability, security, and flexibility for lottery operators [1][6] - The platform utilizes microservices architecture, enabling fast integrations, customizations, and real-time business reporting through graphical dashboards [2] - STRATA is designed for an omnichannel experience, allowing lottery products to be distributed through both retail and digital channels, providing a comprehensive view of sales and management [3] Product Features - STRATA offers online portals for management controls and real-time reporting tailored for various stakeholders including Lottery Operators, Regulators, and Retail Managers [4] - The platform has been successfully deployed by LEIDSA in the Dominican Republic, integrating into their network of 2,500 retail terminals, showcasing its capability for seamless operations [5][6] Company Commitment - The launch of STRATA reflects the company's commitment to innovation and cloud-native solutions, aiming to transform lottery operations and enhance customer service [6] - Inspired Entertainment emphasizes its integrated content-led approach, which strengthens operator offerings and enhances player experiences across various gaming environments [7]

Core Insights - Inspired Entertainment, Inc. is showcasing its latest innovations at ICE 2026 in Barcelona, highlighting its comprehensive portfolio of digital and retail gaming products [1] iGaming Portfolio - The Cash Bank™ mechanic family of games is performing exceptionally well, with titles like Bigger Piggy Bank™ and Wolf It Up!™ gaining significant recognition and new titles such as Kong It Up! Large™ and Mummy It Up™ set to expand the lineup [2] - The Big and Bigger Money mechanics have also seen success, with seasonal editions of Cops and Robbers Bigger Big Money™ and new titles like Centurion Bigger Big Money™ planned for 2026 [3] New Innovations - Player Link™, a new shared bonus trigger mechanic, is generating strong operator interest and will expand with new titles like Golden Winner Grand Chance Super Wheel™ [4] - The latest Virtual Sports product, Soccer 3.6™, features a Bet Builder™ allowing players to customize wagers on multiple match events, enhancing player engagement and operator differentiation [5] New Gaming Products - Fortune Flyer™, a new racing product featuring four competing aircrafts, will debut as part of Inspired's Virtual Games range, offering faster event frequency and multiple betting options [6] - The Hybrid Dealer family of games combines live dealer elements with RNG efficiency, with new titles based on the Wolf It Up! brand set to be showcased [7][8] Hardware Innovations - The Vantage Slant™ cabinet is designed for AGCs and bingo halls, offering a space-efficient footprint while supporting Inspired's extensive game library [9] - The Velos™ electronic table game cabinet features a 32-inch display and optimized user interface, enhancing player interaction and providing a seamless upgrade path for operators [10] Company Vision - The President and CEO of Inspired emphasized the importance of ICE for demonstrating the breadth of the company's portfolio, which includes iGaming, Virtual Sports, Hybrid Dealer content, and next-generation hardware [11]

Group 1 - The article discusses the ongoing development of "Operation Cash Cow" at Inspired Entertainment, Inc. (INSE), indicating a strategic initiative aimed at enhancing financial performance [1] - The author maintains a 'Hold' rating on the stock, suggesting a cautious approach despite the positive developments within the company [1] - The author has extensive experience in equity analysis, particularly in the restaurant industry, and applies advanced financial modeling and sector-specific KPIs to identify investment opportunities [1] Group 2 - The research firm, Goulart's Restaurant Stocks, focuses on various segments of the restaurant industry, including quick-service, fast casual, and fine dining, as well as consumer discretionary and gaming sectors [1] - The author emphasizes a focus on micro and small-cap stocks that are often overlooked by mainstream analysts, indicating a niche investment strategy [1] - The author's background includes an MBA in Controllership and Accounting Forensics, along with specialized training in valuation and financial modeling, enhancing the credibility of the analysis [1]

Group 1 - The core viewpoint is that despite the development of 'Operation Cash Cow' among Inspired Entertainment's New York executives, the stock has been maintained as a 'Hold' in recent analyses [1] - The analyst has a focus on the U.S. restaurant industry, covering various segments including quick-service, fast casual, fine dining, and niche concepts, with an emphasis on uncovering hidden value in micro and small-cap stocks [2] - The research firm led by the analyst has been featured on multiple financial platforms, indicating a broad recognition of its insights and analyses [2] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours, ensuring an unbiased perspective [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [4]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Points - Inspired Entertainment, Inc. has completed the sale of its UK holiday parks business and associated leisure assets to GENDA Inc. for approximately £18.6 million in cash [1][2] - The transaction received all necessary regulatory approvals and met all closing conditions [2] Company Overview: Inspired Entertainment, Inc. - Inspired is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [3] - The company supplies gaming systems and associated terminals for around 75,000 gaming machines and offers virtual sports products through approximately 25,000 retail venues [3] Company Overview: GENDA Inc. - GENDA is a global entertainment company that operates a diverse range of businesses, including amusement, karaoke, lifestyle, tourism, food & beverage, and character merchandising [5][6] - The company operates around 1,100 locations and approximately 14,000 mini-locations across various countries, including Japan, the United States, and the United Kingdom [6]

Group 1: Market Sentiment - Wall Street exhibits a bullish outlook on the stocks discussed, with price targets indicating significant upside potential [1] - Analysts tend to avoid issuing sell ratings due to potential conflicts of interest with their firms seeking business from the companies they cover [1] Group 2: Salesforce (CRM) - Salesforce has a consensus price target of $331.81, suggesting a 38.5% implied return [3] - Currently trading at $239.60 per share, Salesforce has a forward price-to-sales ratio of 5.4x [5] Group 3: Inspired (INSE) - Inspired has a consensus price target of $13.50, indicating a 66.5% implied return [6] - The stock is trading at $8.11 per share, with a forward P/E ratio of 30.2x [8] Group 4: Live Nation (LYV) - Live Nation's consensus price target is $171.55, reflecting a 25% implied return [9] - Demand for Live Nation's offerings has been low, with a weak average annual ARR growth of 9% over the last year [10][11] - Projected sales decline of 10.9% over the next 12 months indicates ongoing deterioration in demand [12]

Financial Performance - Total revenue for Q3 2025 was $86.2 million, an increase of 11.7% compared to $77.2 million in Q3 2024[17]. - Service revenue reached $79.4 million, up 8.9% from $72.9 million in the same quarter last year[17]. - Net loss for Q3 2025 was $1.9 million, compared to a net income of $2.8 million in Q3 2024[17]. - The company reported a comprehensive loss of $1.0 million for Q3 2025, compared to a loss of $2.8 million in Q3 2024[17]. - For the nine months ended September 30, 2025, total revenue reached $226.9 million, an increase from $214.1 million in the same period of 2024, reflecting a year-over-year growth of approximately 5.1%[109]. - The segment operating income for Q3 2025 was $9.7 million, with Gaming contributing $6.4 million and Interactive contributing $8.6 million[107]. - Net income (loss) for the three-month period was $(1.9) million, a decrease of 157% compared to a profit of $2.8 million in the same period in 2024[150]. - Net loss for the three and nine-month periods ended September 30, 2025, was $1.9 million and $9.8 million, compared to net income of $2.8 million and a net loss of $2.2 million in the same periods in 2024[167]. Assets and Liabilities - Total assets increased to $485.8 million as of September 30, 2025, up from $438.4 million at the end of 2024[15]. - Current liabilities rose to $109.1 million, compared to $104.0 million at the end of 2024[15]. - Long-term debt increased to $344.4 million, up from $292.2 million at the end of 2024[15]. - The accumulated deficit increased to $451.3 million as of September 30, 2025, from $441.5 million at the end of 2024[15]. - Total liabilities classified as held-for-sale amount to $10.9 million, with a write-down loss of $5.9 million recognized in net operating income[40]. Cash Flow and Capital Expenditures - Cash flows from operating activities for the nine months ended September 30, 2025, amounted to $50.8 million, an increase from $24.8 million in the prior year[30]. - The company had cash on hand of $36.3 million as of September 30, 2025, with additional working capital of $23.0 million[29]. - Total capital and other long-lived asset expenditures for Q3 2025 were $8.0 million[107]. - Total capital and other long-lived asset expenditures for the nine months ended September 30, 2025, amounted to $27.6 million, reflecting ongoing investments in growth[109]. Debt and Financing - The company issued £270.0 million ($363.5 million) in Series B Notes on June 9, 2025, to refinance existing debt and for general corporate purposes[50]. - The Senior Notes bear interest at a rate of SONIA plus a margin of 5.50% to 6.00% and mature on June 9, 2030[54]. - The outstanding principal amount of senior debt is $363.5 million, with total long-term debt outstanding at $384.6 million as of September 30, 2025[76]. - The Company maintains a maximum consolidated senior secured net leverage ratio of 5.0x, with a reported net leverage of 2.83x as of September 30, 2025[59]. - A secured revolving credit facility of £17.8 million ($24.0 million) was established, set to terminate on December 9, 2029, for general corporate and working capital purposes[64]. Taxation - The effective income tax rate for Q3 2025 was 25.5%, compared to 27.3% in Q3 2024, resulting in a $0.7 million tax benefit for 2025 and a $1.0 million expense for 2024[13]. - For the nine months ended September 30, 2025, the effective tax rate was (44.5)%, leading to a $3.0 million tax expense, while in 2024, it was 14.5% with a $0.4 million benefit[13]. - The One Big Beautiful Bill Act ("OBBBA") signed on July 4, 2025, allows for a higher interest deduction, potentially lowering the Company's income tax expense[88]. Revenue Sources and Growth - Geographic revenue for the UK in the three months ended September 30, 2025, was $63.1 million, up from $59.7 million in the same period of 2024, showing a growth of approximately 5.7%[111]. - The company reported no customers representing at least 10% of total revenue during the three months ended September 30, 2025, indicating a diversified customer base[114]. - Gaming revenue for the three-month period increased by $3.8 million, with product sales up $2.7 million and service sales up $1.1 million[153]. - Interactive revenue for the three-month period increased by $4.5 million, driven by growth in the UK and North America[153]. - Total Gaming Revenue for the three-month period ended September 30, 2025, was £20.1 million, representing a 16% increase from £17.3 million in 2024[193]. Operational Metrics - The number of installed gaming terminals at the end of the period decreased by 1,022 (2.9%) to 33,853 for the three-month period ended September 30, 2025, compared to 34,875 in 2024[173]. - The average selling price per terminal decreased by £4,914 (66.2%) to £2,506 for the three-month period ended September 30, 2025, compared to £7,420 in 2024[173]. - Customer Gross Win per unit per day increased by £2.5 (2.6%) to £97.7 for the three-month period ended September 30, 2025, compared to £95.2 in 2024[173]. - Total Service Revenue for the nine-month period ended September 30, 2025, was $61.0 million, reflecting a 14% increase from $53.6 million in 2024[197]. Miscellaneous - The defined benefit pension scheme has a funding shortfall, with a recovery plan in place expected to eliminate the shortfall by October 31, 2026[100]. - The company identified immaterial errors in previously reported financial statements for the periods ended March 31, June 30, and September 30, 2024, leading to revisions in the financial statements[116].

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Inspired Entertainment reported quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share, but showing an increase from $0.12 per share a year ago, resulting in an earnings surprise of -6.67% [1] - The company posted revenues of $86.2 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.21% and increasing from $78 million year-over-year [2] - The stock has underperformed, losing about 16.1% since the beginning of the year compared to the S&P 500's gain of 15.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.39 on revenues of $84.17 million, and for the current fiscal year, it is $0.64 on revenues of $309.21 million [7] - The estimate revisions trend for Inspired Entertainment was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Technology Services industry, to which Inspired Entertainment belongs, is currently in the top 39% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Airship AI Holdings, Inc., is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year change of +133.3%, with revenues projected to be $8.3 million, up 189.2% from the previous year [9]