secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001493152-22-031041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315222031041/0001493152-22-031041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315222031041/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031041

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