{"id":777044445,"date":"2026-07-03T11:37:02","date_gmt":"2026-07-03T14:37:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044445"},"modified":"2026-07-03T12:05:14","modified_gmt":"2026-07-03T15:05:14","slug":"ainsworth-raises-first-half-outlook-after-us2-7m-tariff-refund","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ainsworth-raises-first-half-outlook-after-us2-7m-tariff-refund","title":{"rendered":"Ainsworth raises first-half outlook after US$2.7m tariff refund"},"content":{"rendered":"\n<p>The company now expects underlying profit before tax of about AU$5m (US$3.5m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.<strong>&#8211; <\/strong>The gaming supplier <strong>Ainsworth Game Technology<\/strong> 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 <strong>International Emergency Economic Powers Act (IEEPA)<\/strong>. The company had applied for reimbursement following a February 20 ruling by the US Supreme Court against the US administration&#8217;s authority to impose the tariffs.<\/p>\n\n\n\n<p>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).<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>The higher cash generation is expected to reduce the group\u2019s net debt to about AU$8m (US$5.6m), down from AU$11.8m (US$8.3m) at December 31, 2025.<\/p>\n\n\n\n<p><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/01\/moodys-fears-melcos-debt-could-reach-us7b-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/tabcorp-extends-a980m-loan-maturities-to-2031'>Tabcorp extends US$690.1m loan maturities to 2031<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The company now expects underlying profit before tax of about AU$5m (US$3.5m).<\/p>\n","protected":false},"author":2395,"featured_media":777037202,"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 has significantly raised its H1 2026 financial outlook, projecting underlying profit before tax of AU$5m and EBITDA of AU$17m, following a US$2.7m tariff refund from its US subsidiary. This improvement, coupled with stronger cash collections, is expected to reduce net debt to approximately AU$8m. The refund stems from a US Supreme Court ruling against the administration's authority to impose certain tariffs.","focusai_entities":"Ainsworth Game Technology","focusai_location":"Australia, US","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.85), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Tariff Refund Impact?","query":"What is the projected long-term impact of the US Supreme Court's IEEPA ruling on other gaming suppliers with similar tariff exposures, and how might this influence future trade policy considerations?"},{"label":"Debt Reduction Strategy?","query":"Beyond the tariff refund, what specific operational efficiencies or market factors contributed to Ainsworth's stronger-than-expected cash collections, and how will the reduced net debt impact its capital expenditure strategy for new product development or market expansion?"}],"footnotes":""},"categories":[16336,163],"tags":[289,29,24619],"class_list":["post-777044445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-australia","tag-casino","tag-finance"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044445","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=777044445"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044445\/revisions"}],"predecessor-version":[{"id":777044459,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044445\/revisions\/777044459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777037202"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777044445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}