Inspired Entertainment has reported 40 per cent revenue increase in its financial results for the three-month period ended June 30.
Second quarter revenue was $75.6m, up 40 per cent year-over-year, driven primarily by Interactive results. Second quarter net income was $2m.
Second quarter adjusted EBITDA was $25.5m, up 69 per cent year-over-year, again driven primarily by Interactive results,
“We delivered solid second quarter 2024 results led by strength in our interactive business and a stable performance in gaming,” said Lorne Weil, executive chairman of Inspired.
"Our Interactive segment had a record-breaking performance, achieving quarterly all-time highs in both revenue and adjusted EBITDA, up 40 and 69 per cent respectively compared to the same period last year.
"These results were achieved with only a modest contribution from our Hybrid Dealer product, which was live with just one product - the MGM Bonus City game show wheel - with a single customer and in a single market during the quarter.”
