M&A
confidence high
sentiment neutral
materiality 0.50
Accel files Century Gaming interim financials for nine months ended March 31, 2022
Accel Entertainment, Inc.
- Century reported revenue of $192.8M and net income of $3.6M for the nine months ended March 31, 2022.
- Total assets $86.3M, total liabilities $124.2M, and stockholders' deficit $37.9M.
- Net win from gaming devices was $168.4M; cost of revenue (location rents/participation) $130.1M.
- Operating income of $12.1M; interest expense $8.3M; cash and cash equivalents $30.0M.
- Supplemental filing provides unaudited interim statements for the acquired Century business.