Dec 31, 2020

Light & Wonder Q4 2020 Earnings Report

Scientific Games' Q4 2020 earnings were released, showing sequential improvements in consolidated results and growth in Lottery, SciPlay and Digital businesses despite challenges in Gaming due to COVID-19 restrictions.

Key Takeaways

Scientific Games reported Q4 2020 results with a revenue of $762 million, a net loss of $84 million, and free cash flow of $72 million. The company experienced sequential improvements in consolidated results driven by Gaming improvements and growth in Lottery, SciPlay and Digital businesses. COVID-19 restrictions impacted the Gaming business, while disciplined cost and balance sheet management drove cash flow improvements.

Consolidated revenue was $762 million, compared to $863 million in the prior year period.

Net loss was $84 million, compared to a net loss of $37 million in the prior year period.

Free cash flow increased $20 million to $72 million from the prior year period.

SciPlay revenue increased 30% and AEBITDA increased 41% from the prior year.

Total Revenue
$762M
Previous year: $863M
-11.7%
EPS
-$0.95
Previous year: $0.14
-778.6%
Gross Profit
$442M
Previous year: $524M
-15.6%
Cash and Equivalents
$1.02B
Previous year: $313M
+224.6%
Free Cash Flow
$72M
Previous year: $56M
+28.6%
Total Assets
$7.98B
Previous year: $7.81B
+2.2%

Light & Wonder

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Light & Wonder Revenue by Segment

Forward Guidance

Company did not provide forward guidance in the report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income