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Dec 31, 2024
Inspired Q4 2024 Earnings Report
Inspired reported strong Q4 2024 earnings, with record Interactive revenue and higher Adjusted EBITDA.
Key Takeaways
Inspired Entertainment delivered strong Q4 2024 results with total revenue of $83.0 million, reflecting growth in the Interactive segment, which increased 45% year-over-year. Net income surged to $68.0 million, driven by tax benefits, while adjusted net income reached $4.7 million. Adjusted EBITDA grew by 22% to $30.9 million, with a margin expansion to 37%.
Total revenue reached $83.0 million, up 2% year-over-year.
Interactive revenue surged 45% to $11.6 million.
Adjusted EBITDA increased 22% to $30.9 million.
Net income surged to $68.0 million, driven by tax benefits.
Inspired
Inspired
Inspired Revenue by Segment
Revenue by Segment
Virtual Sports Revenue
CapyFin.comInteractive Revenue
CapyFin.com Forward Guidance
Inspired expects continued digital growth, expansion in gaming operations, and efficiency improvements in 2025.
Positive Outlook
- Expansion of Hybrid Dealer Roulette product in new markets.
- Growing Interactive business with a strong pipeline of new games.
- Operational improvements driving margin expansion.
- Increased partnerships with major operators in key markets.
- Continued investment in Virtual Sports product innovation.
Challenges Ahead
- Declining Virtual Sports revenue due to customer-specific challenges.
- Fluctuations in gaming hardware sales affecting total revenue growth.
- Macroeconomic uncertainties impacting discretionary spending.
- Increased costs associated with regulatory compliance.
- Potential foreign exchange rate fluctuations affecting profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income