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Inspired to Report Fourth Quarter and Full Year 2025 Results and Hold Conference Call on March 10
Globenewswire· 2026-02-24 21:30
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired" or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, announced that it will report financial results for the fourth quarter and full year ended December 31, 2025 before the market opens on Tuesday, March 10, 2026. Inspired management will host a conference call and simultaneous webcast the same day at 8:30 a.m. ET / 12:30 p.m. in the UK to discuss the Company's resul ...
Inspired Reports Third Quarter 2025 Results
Globenewswire· 2025-11-05 12:00
Core Insights - Inspired Entertainment, Inc. reported strong financial results for Q3 2025, with total revenue of $86.2 million, a 12% increase year-over-year, primarily driven by record Interactive revenue, which rose 48% [5][3] - The company is undergoing a strategic evolution towards a more digital and higher-margin business model, highlighted by the divestiture of its UK holiday parks business for £18.6 million [8][10] - The company expects continued growth in Adjusted EBITDA, projecting it to exceed $110 million for the full year 2025, supported by strong performance in the Interactive segment [5][11] Financial Performance - Total revenue for Q3 2025 was $86.2 million, up from $77.2 million in Q3 2024, with Interactive revenue reaching $15.1 million, a 48% increase [5][3] - Net operating income decreased to $9.7 million from $11.2 million year-over-year, while the company reported a net loss of $1.9 million compared to a net income of $2.8 million in the previous year [5][3] - Adjusted EBITDA for Q3 2025 was $32.3 million, an 11% increase from $29.2 million in Q3 2024, driven by a 55% increase in Interactive Adjusted EBITDA [5][6] Strategic Developments - The divestiture of the holiday parks business is part of the company's strategy to transition towards a digital-led model, which is expected to enhance margins and operational agility [8][10] - The company has formed a strategic partnership with Gaming Arts LLC to adapt its online slot titles for land-based markets, further reinforcing its digital growth strategy [10] - Inspired's Hybrid Dealer™ product won the Global Gaming Award for Innovative Product of the Year, showcasing the company's commitment to innovation [10] Market Position and Future Outlook - The company is gaining market share in its largest markets and anticipates further growth as it rolls out new titles and multiplayer experiences [2][5] - Management remains confident in its strategic direction, expecting fourth quarter 2025 Adjusted EBITDA to increase year-over-year, supported by strong momentum in the Interactive segment [11][5] - The company aims to optimize operations and reduce headcount from 1,460 to 975 employees by the end of 2025 to enhance efficiency and drive higher Adjusted EBITDA margins [15]
Inspired Announces Private Placement of £270 Million Senior Secured Notes and New £17.8 Million Credit Facility
Globenewswire· 2025-06-09 20:15
Core Viewpoint - Inspired Entertainment, Inc. has successfully completed a private placement of £270 million in senior secured notes due 2030 and established a new £17.8 million revolving credit facility, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Financing Details - The 2030 Senior Secured Notes will have a floating interest rate linked to SONIA, with a margin of 550 to 600 basis points, maturing on June 9, 2030 [2]. - The new Revolving Credit Facility will also have a floating interest rate based on SONIA, with a margin of 325 to 375 basis points, maturing on December 9, 2029 [2]. Use of Proceeds - Proceeds from the 2030 Senior Secured Notes will be used to redeem existing £235 million senior secured notes due June 1, 2026, repay £15 million in loans from the previous revolving credit facility, cover refinancing fees, and for general corporate purposes [3]. Company Overview - Inspired Entertainment, Inc. provides a diverse portfolio of gaming content, technology, hardware, and services across various regulated markets, operating in approximately 35 jurisdictions worldwide [6]. - The company supports around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues, along with interactive games for more than 170 websites [6].
Inspired to Report First Quarter 2025 Results and Hold Conference Call on May 8
Globenewswire· 2025-04-24 12:30
Core Viewpoint - Inspired Entertainment, Inc. will report its financial results for Q1 2025 on May 8, 2025, before market opens, followed by a conference call to discuss results and business trends [1]. Group 1: Financial Reporting - The financial results for the first quarter ended March 31, 2025, will be announced on May 8, 2025 [1]. - A conference call and webcast will be held at 8:30 a.m. ET / 1:30 p.m. in the UK to discuss the results [1]. Group 2: Conference Call Information - The dial-in number for the conference call is 1-800-715-9871 (US) or 1-646-307-1963 (International) [2]. - A live audio-only webcast can be accessed through the "Events & Presentations" page on the company's website [2]. Group 3: Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming and betting operators globally [4]. - The company operates in approximately 35 jurisdictions, supplying systems and content for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [4]. - Inspired also offers digital games for more than 170 websites and has an installed base of over 16,000 amusement entertainment terminals [4].
Inspired Reports Fourth Quarter and Year End 2024 Results
Globenewswire· 2025-03-17 12:24
Core Insights - Inspired Entertainment, Inc. reported strong financial results for Q4 2024, with total revenue of $83.0 million, a 2% increase year-over-year, primarily driven by a 45% growth in the Interactive segment [7][11] - The company achieved a net income of $68.0 million for Q4 2024, compared to a net loss of $1.7 million in Q4 2023, indicating a significant turnaround [7][11] - Adjusted EBITDA for Q4 2024 was $30.9 million, up 22% from the previous year, with the Interactive segment's Adjusted EBITDA growing by 105% year-over-year [7][11] Financial Performance - The Interactive segment saw a revenue increase of 45% year-over-year, reaching $11.6 million, while the Gaming segment's revenue was $38.8 million, a slight decrease of 1% [9][11] - The Leisure segment reported a 7% revenue increase to $22.5 million, driven by Vantage deployments and growth in bingo and holiday park businesses [5][11] - The Virtual Sports segment faced challenges, with revenue declining by 22% to $10.1 million, but the company is optimistic about future growth through strategic measures [4][11] Operational Highlights - The company successfully launched the MGM Bonus City game with BetMGM in Michigan and the Hybrid Dealer Roulette game in Canada, indicating progress in its Hybrid Dealer rollout strategy [2][4] - A partnership with William Hill is advancing, with the installation of 5,000 new Vantage cabinets expected to drive further growth [3][11] - The company is focusing on expanding its digital businesses and optimizing land-based operations, with a commitment to investing in new market opportunities [6][11] Segment Performance - For the full year 2024, the Interactive segment's revenue increased by 41% to $39.3 million, while the Gaming segment's revenue decreased by 1% to $110.6 million [11] - The Virtual Sports segment's full-year revenue declined by 19% to $45.4 million, but the company remains confident in its long-term potential [10][11] - The Leisure segment's full-year revenue grew by 6% to $101.8 million, reflecting steady growth across its various businesses [11] Strategic Initiatives - The company is implementing strategic measures to streamline its Virtual Sports segment and unify product and platform teams under cohesive leadership [4][11] - Inspired Entertainment is expanding its mobile and slot games catalog in Brazil, indicating a focus on new market opportunities [8][11] - The company has extended its partnership with Aristocrat Interactive to provide V-Lottery Virtual Sports games to the Virginia Lottery, enhancing its product offerings [10][11]