{"id":777042564,"date":"2026-05-22T09:55:09","date_gmt":"2026-05-22T12:55:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777042564"},"modified":"2026-05-22T11:36:07","modified_gmt":"2026-05-22T14:36:07","slug":"ainsworth-expects-93-slump-in-first-half-profit","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ainsworth-expects-93-slump-in-first-half-profit","title":{"rendered":"Ainsworth expects 93% slump in first-half profit"},"content":{"rendered":"\n

The company said the decline was mainly driven by reduced sales and lower gaming operations in North America.<\/p>\n\n\n\n\n\n\n\n

Australia.- Ainsworth Game Technology <\/strong>has forecast a sharp drop in first-half 2026 profit before tax to around AU$1.0m (US$712,405). That compares with AU$13.9m (US$9.9m) a year earlier.<\/p>\n\n\n\n

According to a trading update filed with the Australian Securities Exchange (ASX)<\/strong>, the gaming technology group expects revenue to decline to about AU$116m (US$82.6m), down from AU$152.1m (US$108.3m) a year earlier. Ainsworth cited reduced sales along with tough competition and weaker economic conditions in North America. The company said it plans to step up product development efforts in the region to improve competitiveness.<\/p>\n\n\n\n

The APAC region is expected to partially offset the weakness, with revenue forecast to rise about 4 per cent year-on-year, supported by continued demand for the Raptor cabinet in Australia. The region\u2019s contribution is expected to increase to about 31 per cent of total revenue, up from 23 per cent a year earlier.<\/p>\n\n\n\n

In contrast, revenue from Latin America and Europe is expected to fall about 13 per cent year-on-year, although the company said stronger margins should keep segment performance broadly steady.<\/p>\n\n\n\n

Group margins are expected to remain stable, helped by improved operating leverage in Australia, while research and development spending is set to rise 7 per cent year-on-year. Underlying EBITDA is forecast to halve to about AU$13m (US$9.3m).<\/p>\n\n\n\n

Ainsworth expects net debt to rise to about AU$14m (US$10.0m), compared with AU$11.8m (US$8.4m) at the end of December 2025, due to investing and financing outflows. The company said it retains access to undrawn debt facilities to support operations.<\/p>\n\n\n\n

Chief executive Ryan Comstock<\/strong> said recent organisational changes had affected North American performance but that new sales and product leadership teams are now in place.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Ainsworth appoints Ryan Comstock as permanent CEO<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The company said the decline was mainly driven by reduced sales and lower gaming operations in North America.<\/p>\n","protected":false},"author":2395,"featured_media":777034406,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Ainsworth Game Technology forecasts a significant decline in H1 2026 profit before tax and revenue, primarily driven by reduced sales and intense competition in North America. While the APAC region shows growth, the company plans increased product development and new leadership to address North American challenges, impacting underlying EBITDA and net debt.","focusai_entities":"Ainsworth Game Technology, Ryan Comstock, Australian Securities Exchange (ASX)","focusai_location":"North America, Australia, Latin America, Europe, APAC","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), product_ux (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"North America Strategy","query":"What specific product development initiatives and sales leadership changes are being implemented to reverse the decline in Ainsworth's North American gaming operations and market share?"},{"label":"APAC Growth Drivers","query":"Beyond the Raptor cabinet, what are the underlying market conditions and product pipeline factors contributing to the sustained demand and increased revenue contribution from the APAC region?"}],"footnotes":""},"categories":[16336,157],"tags":[29,24619,23908],"class_list":["post-777042564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-casino","tag-finance","tag-gaming-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777042564"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042564\/revisions"}],"predecessor-version":[{"id":777042581,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042564\/revisions\/777042581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777034406"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777042564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777042564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777042564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}