Ainsworth revenue increases in first half of the year
Revenue was up 25.3 per cent year-on-year.
Australia.- The slot manufacturer Ainsworth Game Technology has reported revenue of AUD152.1m (US$98.9m) for the first half of 2025. That’s a rise of 25.3 per cent year-on-year. Net profit was AUD4.9m (US$3.2m), down 65 per cent.
The company said the revenue growth was due to the increase of land-based sales in its main regions, particularly in Australia following the release of the RaptorTM cabinet in February. The Asia Pacific segment generated revenue of AUD34.6m (US$2.2m), up 81 per cent. The region saw 1,049 unit sales, a 90 per cent increase year-on-year. Profit increased 23 per cent to AUD7.9m (US$5.1).
In the six months to June 30, earnings before interest, taxation, depreciation, and amortisation (EBITDA) totalled AUD14.6m (US$9.4m), down 48.2 per cent.
Ainsworth chairman Danny Gladstone stated: “Despite the challenges encountered, the result for the current period was in line with our expectations. Development activities previously undertaken have ensured sustainable profitability, with revenue increasing 25.3 per cent and 6.6 per cent in the current period compared to the prior calendar period and the prior half – second half of calendar year 2024 – respectively”.
In April, Novomatic announced a deal to acquire the remaining 47.1 per cent of Ainsworth for AU$1.00 (US$0.64) per share.
