Inspired reports record FY2023 revenue of $323M, net income $7.6M

Inspired Entertainment, Inc.

2024-Q1 EPS reported -$0.20 revenue$63,100,000

Full year revenue up 15% YoY to $323M; net income $7.6M ($0.27 per basic share) vs $20.6M prior year.
Record Adjusted EBITDA of $100.5M, up 2% YoY; Q4 revenue $81.2M with Interactive segment up 49%.
Interactive segment revenue $27.9M for FY2023, up 35% YoY; Adjusted EBITDA $15.4M (+36%).
Virtual Sports revenue $56.2M (+4% YoY) but Q4 down 12% as post-COVID trends moderate.
Land-based Gaming (excl. low-margin hardware) $112M (+1%); Leisure $96.3M (+1%).

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 0.975

Inspired Entertainment, Inc. reported fiscal year ended December 31, 2023 results: revenue $323.0 million, net income $7.6 million, EPS $0.26 per diluted share.

Period: fiscal year ended December 31, 2023
Revenue: $323.0 million
Net income: $7.6 million
EPS: $0.26 per diluted share
Result: reported results

Exact text from the filing

Record Full Year 2023 Revenue of $323 million, up 15% versus prior year period

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Earnings Releases SEC 8-K Item 2.02 confidence 0.975

Inspired Entertainment, Inc. reported fourth quarter and full year 2023 results: revenue $81.2 million, net income $0.0, EPS $0.00 per diluted share.

Period: fourth quarter and full year 2023
Revenue: $81.2 million
Net income: $0.0
EPS: $0.00 per diluted share
Result: reported results

Exact text from the filing

up 15% versus prior year period ● Full Year 2023 Net Income of $7.6 million, or 0.27 per share ● Record Full Year 2023 Adjusted EBITDA of $100.5 million ● 4Q Revenue of $81.2 million driven by 49% increase in Interactive segment New York, New York, April 15, 2024 - Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B

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Source: SEC EDGAR

accession 0001493152-24-014551

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