Inspired Q3 revenue $74.9M, net income $10.2M; Virtual Sports revenue record $14.6M

Inspired Entertainment, Inc.

2022-Q3 EPS reported $0.66 revenue$206,800,000

Net income of $10.2M ($0.35 diluted EPS); Adjusted EBITDA of $27.8M.
Record Virtual Sports revenue $14.6M (+39% YoY); online EBITDA contribution rises to 50% from 36%.
Total revenue $74.9M, down 3% reported but up 13% in functional currency.
Post-quarter contract with Betfred for terminal sale and managed services for its entire estate.
Repurchased 1,067,340 shares for $10.4M (avg $9.79) since program announced.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Inspired Entertainment, Inc. reported the three-month period ended September 30, 2022 results: revenue $74.9 million, net income $10.2 million, or $0.39 per basic share and $0.35 per diluted share.

Period: the three-month period ended September 30, 2022
Revenue: $74.9 million
Net income: $10.2 million, or $0.39 per basic share and $0.35 per diluted share
Result: reported results

Exact text from the filing

THIRD QUARTER 2022 RESULTS ● Increases in Revenue and Adjusted EBITDA on a functional currency basis highlight strength in operating results ● Total Revenue of $74.9 million and Net Income of $10.2 million, or $0.39 per basic share and $0.35 per diluted share ● Record Virtual Sports Revenue of $14.6 million (39% increase over prior-year period) and

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Inspired Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-031041

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