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Jun 30, 2021
Inspired Q2 2021 Earnings Report
Inspired Entertainment reported financial results for the second quarter of 2021, showing growth across all segments and momentum in the Interactive business.
Key Takeaways
Inspired Entertainment's Q2 2021 results showed a total revenue of $41.5 million, a net loss of $43.8 million, and an Adjusted EBITDA of $8.0 million. The Interactive business displayed strong performance with a 69% year-over-year revenue increase. Key retail gaming territories reopened at different stages following COVID-19 restrictions.
Total revenue reached $41.5 million, with a net loss of $43.8 million.
Interactive business revenue increased by 69% year-over-year, reaching $5.8 million.
Key retail gaming territories, including the UK, Italy, and Greece, reopened during the quarter.
The company refinanced its borrowings, extending maturity profile and reducing expected interest expense for 2022 by approximately $3.6 million.
Revenue by Segment
Forward Guidance
Management is maintaining its third quarter 2021 Adjusted EBITDA guidance of $28.0 million to $30.0 million based on current exchange rates and the assumption that current expectations for operations in the various geographies in which Inspired’s customers operate are not impacted by additional COVID-related measures.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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