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Inspired Entertainment, Inc. (INSE)
NASDAQ:INSE
Holding INSE?
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Earnings Data
Report Date
Mar 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.26Last Year’s EPS
$0Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -16.06%
|Next Earnings Date:Mar 18, 2025
Earnings Call Sentiment|Positive
The earnings call discussed strong growth in the Interactive segment and an improved cash position, but highlighted challenges in the Virtual Sports segment due to customer decline and integration delays. Overall, the company shows positive performance trends despite some ongoing challenges.Company Guidance
During the Inspired Entertainment Third Quarter 2024 earnings call, the management provided guidance focusing on several key metrics and growth areas. The company's EBITDA grew by 13% year-over-year, nearing a 40% margin target, with Interactive revenue increasing by 40% and EBITDA by 47%, reaching an adjusted EBITDA margin of 67.6%. The cash balance rose to $36.5 million at the end of Q3, up from $23.5 million in Q2, with expectations to reach between $50 million and $55 million by Q1 2025. The gaming segment saw a modest revenue increase of 4%, with EBITDA rising 29% year-over-year. The Leisure segment's revenue grew by 5%, and EBITDA by 17%, demonstrating operational leverage. The company expects various strategic initiatives, including product refreshes and new market entries, to continue driving growth, with Q4 and 2025 projections indicating an optimistic outlook.EBITDA Growth and Margin Improvement
Overall year-to-year EBITDA growth in the third quarter was 13% and EBITDA margins are reaching closer to the 40% target, currently at 38.6%.
Strong Interactive Segment Performance
Interactive business revenue increased by 40% over Q3 2023 and EBITDA increased by 47% year-over-year. Adjusted EBITDA margin in this segment is now up to 67.6%.
Cash Position Improvement
Cash balance increased to $36.5 million at the end of the third quarter, up from $23.5 million at the end of the second quarter.
New Markets and Content Expansion
Expected to add Peru and South Africa to the Interactive segment in the fourth quarter, with a strong lineup of seasonal games contributing to growth.
Gaming Segment Growth
Gaming segment revenue, excluding low-margin sales, increased by 4% year-over-year, with EBITDA increasing by 29% year-over-year.
New CFO Appointment
James Richardson joining as new CFO starting January 1, 2025, expected to bring strong financial reporting and governance expertise.
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INSE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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INSE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $10.15 | $10.45 | +2.96% |
| Aug 08, 2024 | $7.87 | $8.48 | +7.75% |
| May 10, 2024 | $9.44 | $8.70 | -7.84% |
| Apr 15, 2024 | $9.57 | $9.07 | -5.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Inspired Entertainment, Inc. (INSE) report earnings?
Inspired Entertainment, Inc. (INSE) is schdueled to report earning on Mar 18, 2025, TBA Not Confirmed.
What is Inspired Entertainment, Inc. (INSE) earnings time?
Inspired Entertainment, Inc. (INSE) earnings time is at Mar 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INSE EPS forecast?
INSE EPS forecast for the fiscal quarter 2024 (Q4) is $0.26.
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