Accel Entertainment(US:ACEL)2025-11-04 22:00Company Overview - Accel operates over 27,700 gaming machines in neighborhood restaurants, bars, and other local businesses[9] - The company has 4,451 local retail partners across 10 states[9] - Accel has contributed $134 billion in taxes since January 2021 to support state and local governments[9] Financial Performance - Q3 2025 revenues reached $330 million, a 91% increase compared to Q3 2024[22] - Excluding acquisitions, Q3 2025 revenue was $310 million, a 26% increase year-over-year[24] - Net income for Q3 2025 was $13 million, a 1718% increase compared to Q3 2024[24] - Adjusted EBITDA for Q3 2025 was $51 million, an 115% increase compared to Q3 2024[24] Capital Allocation - A new $900 million credit facility was closed, extending maturities to 2030[21] - As of Q3 2025, $167 million of Accel Class A-1 Common Stock has been repurchased since November 2021[27] Expansion and Growth - The number of locations increased by 4% from 4,289 in Q3 2024 to 4,451 in Q3 2025[34] - The number of terminals increased by 5% from 26,509 in Q3 2024 to 27,714 in Q3 2025[34]