Inspired Entertainment, Inc.
Description
Inspired Entertainment, Inc., a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games. The Virtual Sports segment designs, develops, markets, and distributes ultra-high-definition sports games, including greyhounds, tennis, motor racing, cycling, cricket, speedway, golf, and dart, and other horse racing games under the V-Play Soccer, V-Play Women's Soccer, V-Play Football, V-Play Basketball, V-Play Baseball, and V-Play NFLA names. The Interactive segment provides a range of random number generated casino content from feature-rich bonus games to European-style casino free spins and table games. The Leisure segment supplies gaming terminals and amusement machines in pubs, bingo halls, and adult gaming centers, as well as family entertainment centers, bowling centers, and other entertainment venues. Inspired Entertainment, Inc. is headquartered in New York, New York.
About
Earnings
Date | Estimate EPS | Actual EPS | Difference | % Surprise |
---|---|---|---|---|
Nov 6, 2025 | — | — | — | — |
Aug 6, 2025 | — | — | — | — |
May 8, 2025 | — | — | — | — |
Apr 14, 2025 | — | — | — | — |
Feb 26, 2025 | — | — | — | — |
Earnings estimate
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
---|---|---|---|---|
Number of analysts | — | 1 | — | 1 |
Average estimate | — | -0.12 | — | 0.52 |
Low estimate | — | -0.12 | — | 0.52 |
High estimate | — | -0.12 | — | 0.52 |
Last year EPS | — | -0.02 | — | 0.53 |
Growth estimates
Analyst Ratings
Date | Firm | Action | Rating | Price Target |
---|---|---|---|---|
Jan 27, 2025 |
JMP Securities
David Scharf
|
Reiterates | Market Outperform | Maintains $14 |
Jan 16, 2025 |
JMP Securities
Aaron Hecht
|
Reiterates | Market Outperform | Maintains $14 |
Aug 9, 2024 |
Macquarie
Chad Beynon
|
Maintains | Neutral | ▼ Lowers $11 → $10 |
May 13, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $15 → $14 |
Apr 16, 2024 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $15 |
Apr 5, 2024 |
B. Riley Securities
David Bain
|
Reinstates | Buy | Announces $21 |
Jan 17, 2024 |
Macquarie
Chad Beynon
|
Downgrade | Neutral | ▼ Lowers $16 → $10 |
Oct 18, 2023 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $21 → $19 |
Jul 17, 2023 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $20 → $19 |
May 11, 2023 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▲ Raises $20 → $21 |
Apr 17, 2023 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▲ Raises $18 → $19 |
Mar 27, 2023 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $18 |
Mar 14, 2023 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $18 |
Feb 15, 2023 |
Roth MKM
Edward Engel
|
Maintains | Buy | ▲ Raises $18 → $21 |
Dec 5, 2022 |
B. Riley Securities
David Bain
|
Maintains | Buy | ▲ Raises $24 → $27 |
Nov 15, 2022 |
JMP Securities
Jordan Bender
|
Initiates | Market Outperform | Announces $18 |
Jul 20, 2022 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $18 → $16 |
Jun 28, 2022 |
B. Riley Securities
David Bain
|
Maintains | Buy | ▼ Lowers $30 → $24 |
Jul 23, 2021 |
Truist Securities
|
Initiates | Buy | — |
Jun 1, 2021 |
B. Riley Securities
|
Initiates | Buy | — |
Income statement
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total reported revenue | 323.00M | 281.60M | 205.80M | 198.30M | 153.40M |
Cost of revenue | 127.70M | 93.30M | 69.60M | 60.90M | 36.10M |
Gross profit | 195.30M | 188.30M | 136.20M | 137.40M | 117.30M |
Operating expense | |||||
Research & development | — | — | — | — | — |
Selling general and admin | 115.50M | 101.90M | 90.30M | 72.40M | 81.60M |
Other operating expenses | — | — | — | — | — |
Operating income | 39.90M | 46.50M | -2.90M | 11.40M | -6.30M |
Non operating interest income | |||||
Income | — | — | — | 600,000 | 100,000 |
Expense | 31.10M | 27.50M | 46.00M | 32.20M | 30.50M |
Other income expense | — | 400,000 | 3.90M | -38.70M | -7.80M |
Pretax income | 12.60M | 22.70M | -42.20M | -56.40M | -41.00M |
Tax provision | 5.00M | 2.10M | -1.60M | 400,000 | 100,000 |
Net income | 7.60M | 20.60M | -40.60M | -56.80M | -41.10M |
Basic EPS | 0.27 | 0.84 | -1.66 | -1.30 | -1.69 |
Diluted EPS | 0.26 | 0.77 | -1.66 | -1.30 | -1.69 |
Basic average shares | 28.07M | 26.45M | 24.40M | 22.40M | 21.89M |
Diluted average shares | 28.07M | 26.45M | 24.40M | 22.40M | 21.89M |
EBITDA | 87.40M | 93.20M | 53.20M | 72.10M | 37.90M |
Net income from continuing op. | 7.60M | 20.60M | -40.60M | -56.80M | -41.10M |
Minority interests | — | — | — | — | — |
Preferred stock dividends | — | — | — | — | — |
Balance sheet
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 340.90M | 287.20M | 308.70M | 324.10M | 327.40M |
Current assets | |||||
Cash | 40.00M | 25.00M | 47.80M | 47.10M | 29.10M |
Cash equivalents | — | — | — | — | — |
Cash and cash equivalents | 40.00M | 25.00M | 47.80M | 47.10M | 29.10M |
Other short term investments | — | — | — | — | — |
Accounts receivable | 39.80M | 41.60M | 32.70M | 29.00M | 23.00M |
Other receivables | 25.90M | 18.20M | 18.10M | 9.00M | 17.00M |
Inventory | 32.30M | 30.30M | 15.50M | 17.60M | 18.80M |
Prepaid assets | — | 13.90M | 12.30M | 8.60M | 7.90M |
Restricted cash | — | — | — | — | — |
Assets held for sale | — | — | — | — | — |
Hedging assets | — | — | — | — | — |
Other current assets | 15.60M | 13.20M | 11.50M | — | — |
Non current assets | |||||
Properties | 214.20M | 184.10M | 198.70M | 188.40M | 175.00M |
Land and improvements | — | — | — | — | — |
Machinery furniture equipment | 16.80M | 14.80M | 14.70M | 15.30M | 14.80M |
Construction in progress | — | — | — | — | 800,000 |
Leases | 3.50M | 3.10M | 3.20M | 3.60M | 900,000 |
Accumulated depreciation | -157.50M | -140.90M | -145.80M | -129.30M | -102.80M |
Goodwill | 152.80M | 143.90M | 161.40M | 217.50M | 218.60M |
Investment properties | — | — | — | — | — |
Financial assets | — | — | — | — | — |
Intangible assets | 35.20M | 32.90M | 37.00M | 50.10M | 56.80M |
Investments and advances | — | — | — | — | 600,000 |
Other non current assets | 17.20M | 10.80M | 11.60M | 2.00M | 2.50M |
Total liabilities | 418.90M | 372.80M | 417.40M | 425.80M | 386.70M |
Current liabilities | |||||
Accounts payable | 41.90M | 23.70M | 20.80M | 15.80M | 22.20M |
Accrued expenses | 18.90M | 29.00M | 28.70M | 21.30M | 19.60M |
Short term debt | 24.50M | 4.90M | 5.30M | 4.20M | 6.30M |
Deferred revenue | 8.50M | 7.00M | 10.60M | 13.10M | 12.00M |
Tax payable | 6.30M | 10.10M | 12.30M | 14.40M | 6.60M |
Pensions | — | — | — | — | — |
Other current liabilities | 600,000 | 200,000 | — | 16.00M | 9.80M |
Non current liabilities | |||||
Long term debt | 307.00M | 291.10M | 326.90M | 306.90M | 275.70M |
Provision for risks and charges | — | 800,000 | 1.30M | — | — |
Deferred liabilities | — | — | — | — | — |
Derivative product liabilities | — | — | — | 1.70M | — |
Other non current liabilities | 700,000 | 800,000 | 1.30M | — | — |
Shareholders equity | |||||
Common stock | — | — | — | — | — |
Retained earnings | -508.60M | -514.60M | -524.80M | -457.40M | -425.00M |
Other shareholders equity | 44.50M | 50.80M | 43.80M | 31.10M | 45.10M |
Total shareholders equity | -78.00M | -85.60M | -108.70M | -101.70M | -59.30M |
Additional paid in capital | 386.10M | 378.20M | 372.30M | 324.60M | 320.60M |
Treasury stock | — | — | — | — | — |
Minority interest | — | — | — | — | — |
Cash flow statement
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Net Income | 7.60M | 20.60M | -40.60M | -56.80M | -41.10M | 13.30M | -49.11M | -3.53M | -59.85M |
Depreciation | 43.70M | 43.40M | 53.30M | 58.10M | 43.00M | 41.80M | 33.81M | — | 39.39M |
Deferred Taxes | — | — | — | — | — | — | — | — | — |
Stock-Based Compensation | 11.20M | 10.80M | 13.00M | 4.80M | 9.00M | 7.10M | 4.24M | — | — |
Other Non-Cash Items | -8.30M | -5.40M | 10.00M | -4.20M | 11.30M | -69.70M | 24.34M | -14,520 | 44.42M |
Accounts Receivable | 1.70M | -12.10M | -4.70M | -2.80M | 3.30M | 5.30M | -4.57M | — | 1.63M |
Accounts Payable | 4.50M | 5.80M | 3.80M | -4.70M | 6.90M | -4.10M | 10.50M | — | -3.07M |
Other Assets & Liabilities | -300,000 | -27.80M | -7.10M | -7.80M | -6.90M | 300,000 | 6.19M | 3,600 | -309,000 |
Operating Cash Flow | 60.10M | 35.30M | 27.70M | -13.40M | 25.50M | -6.00M | 25.39M | -3.54M | 22.21M |
Investing Activities | |||||||||
Capital Expenditures | -32.80M | -22.20M | -11.30M | -15.30M | -10.50M | -24.80M | -15.12M | — | -22.08M |
Net Intangibles | -15.00M | -11.10M | -8.70M | -8.40M | -17.00M | -18.10M | -20.27M | — | -18.09M |
Net Acquisitions | — | -600,000 | -12.40M | — | -105.90M | — | — | — | — |
Purchase of Investments | — | — | — | — | — | — | — | — | — |
Sale of Investments | — | — | — | — | — | — | — | — | — |
Investing Cash Flow | -33.40M | -21.50M | -23.70M | -15.30M | -116.40M | -24.80M | -15.12M | — | -21.11M |
Financing Activities | |||||||||
Long-Term Debt Issuance | — | — | 333.10M | — | 270.60M | 140.00M | — | — | — |
Long-Term Debt Payments | -1.10M | -600,000 | -321.20M | -5.10M | -144.70M | -124.20M | -3.75M | -109 | -123,000 |
Other Financing Charges | — | — | -11.20M | -3.10M | -15.20M | -4.60M | 36.66M | -109 | — |
Financing Cash Flow | 16.20M | -11.00M | -319.90M | -12.40M | -30.70M | -112.50M | 34.56M | -327 | -123,000 |
Other Cash Details | |||||||||
End Cash Position | 40.00M | 25.00M | 47.80M | 47.10M | 29.10M | 22.50M | 20.03M | 256,239 | 4.06M |
Income Tax Paid | 5.00M | — | 1.20M | 200,000 | — | — | 356,000 | 8,720 | 135,000 |
Interest Paid | 24.00M | 23.00M | 30.80M | 13.30M | 12.60M | 16.70M | 10.50M | — | 11.52M |
Free Cash Flow | -2.30M | -8.60M | -17.60M | 24.10M | 3.20M | -8.70M | -17.13M | -866,930 | -14.92M |
Top Institutional Holders
Holder | Date Reported | Shares | Value | % Held |
---|---|---|---|---|
iShares Russell 2000 ETF | Nov 30, 2024 | 614,909 | 6.28M | 2.31% |
Vanguard Extended Market Index Fund | Sep 30, 2024 | 390,783 | 3.99M | 1.47% |
World Funds Tr-Philotimo Focused Growth & Income Fd | Sep 30, 2024 | 305,616 | 3.12M | 1.15% |
Jacob Internet Fund | Nov 30, 2024 | 280,043 | 2.86M | 1.05% |
EQ Advisors Trust-1290 VT Gamco Small Company Value Port | Sep 30, 2024 | 240,000 | 2.45M | 0.90% |
Teton Westwood Mighty Mites Fd | Sep 30, 2024 | 234,000 | 2.39M | 0.88% |
Fidelity Small Cap Index Fund | Oct 31, 2024 | 222,920 | 2.28M | 0.84% |
iShares Russell 2000 Growth ETF | Nov 30, 2024 | 202,049 | 2.06M | 0.76% |
Royce Micro Cap Trust | Sep 30, 2024 | 150,000 | 1.53M | 0.56% |
Fidelity Extended Market Index Fund | Nov 30, 2024 | 137,687 | 1.41M | 0.52% |