Ainsworth raises first-half outlook after US$2.7m tariff refund
The company now expects underlying profit before tax of about AU$5m (US$3.5m).
Australia.– The gaming supplier Ainsworth Game Technology has raised its financial outlook for the first half of 2026 after its US subsidiary received a US$2.7m refund for import tariffs previously paid under the International Emergency Economic Powers Act (IEEPA). The company had applied for reimbursement following a February 20 ruling by the US Supreme Court against the US administration’s authority to impose the tariffs.
Following the repayment, Ainsworth now expects underlying profit before tax of about AU$5m (US$3.5m) for the six months ended June 30, compared with its previous guidance of AU$1m (US$0.7m). The company has increased its EBITDA forecast from AU$13m (US$9.1m) to AU$17m (US$11.9m) while maintaining its revenue forecast of AU$116m (US$81.2m).
Operating cash flow is now projected to reach about AU$8m (US$5.6m) for the first half, up from the AU$2m (US$1.4m) forecast issued in May. Ainsworth attributed the improvement to the tariff refund and stronger-than-expected cash collections during the period.
The higher cash generation is expected to reduce the group’s net debt to about AU$8m (US$5.6m), down from AU$11.8m (US$8.3m) at December 31, 2025.
