secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2022-03-11T23:59:59+00:00
Accession:  0001493152-22-006577
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired Q4 revenue grows 71% ex-VAT to $67M; net loss $1.2M, Adjusted EBITDA $22M
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- Q4 revenue $67.0M, up 71% YoY excluding $32.5M VAT-related revenue in 2020.
- Q4 net loss $1.2M ($0.05/share) vs net income $3.1M ($0.14) in prior-year period.
- Q4 Adjusted EBITDA $22.0M, up 586% YoY excluding $31.7M VAT-related income in 2020.
- Full-year interactive revenue +36%, virtual sports +26%; acquired Sportech Lotteries in Dec 2021.
- Year-end liquidity ~$74.8M; warrant exercises yielded $30.5M proceeds; all warrants expired.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315222006577/0001493152-22-006577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315222006577/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006577

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer