secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2024-04-15T23:59:59+00:00
Accession:  0001493152-24-014551
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired reports record FY2023 revenue of $323M, net income $7.6M
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224014551/0001493152-24-014551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224014551/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014551

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