Inspired Entertainment, Inc. concluded the fourth quarter of 2024 with impressive results, showing a 2% revenue increase from the same period last year.
Financial Results for Q4 2024
The company reported total revenue of $83 million, a 2% increase from the previous year. The growth was primarily driven by the Interactive segment, which saw a 45% year-over-year revenue increase. Adjusted EBITDA reached $30.9 million, a 22% rise compared to the prior year. Net income was $68 million, a significant turnaround from a net loss of $1.7 million in the previous year.
Market Expectations vs. Actual Performance
The market had anticipated an EPS of $0.26, while the company delivered $0.16 on a diluted basis. Revenue expectations for the fourth quarter were set at $81.36 million, but Inspired Entertainment reported $83 million. This revenue growth was largely driven by the Interactive segment's success in diverse geographical regions, including the UK, North America, and continental Europe.
Strategic Priorities for 2025
Inspired Entertainment has outlined several strategic priorities for 2025. The company plans to expand its digital businesses, optimize land-based operations, and invest in new market opportunities. The successful rollout of the Hybrid Dealer product and extension of partnerships with key players like Aristocrat Interactive and bet365 are expected to support these initiatives.
Inspired Entertainment looks forward to continued growth through its diversified business model and focus on the Interactive segment as part of its long-term development strategy.
