← Accel Entertainment, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total net revenues | $248.4m | $332.0m | $424.4m | $316.4m | $734.7m | $969.8m | $1.2b | $1.2b | $1.3b | — | |
| Cost of revenue (exclusive of depreciation and amortization expense shown below) | $157.0m |
$217.5m
+38.50%
|
$282.0m
+29.68%
|
$211.1m
-25.15%
|
$494.0m
+134.04%
|
$666.1m
+34.83%
|
$809.5m
+21.53%
|
$852.4m
+5.29%
|
$908.1m
+6.54%
|
$954.7m
+5.13%
|
|
| Cost of manufacturing goods sold (exclusive of depreciation and amortization expense shown below) | $157.0m | $210.5m | $272.0m | $211.1m | $494.0m | $4.8m | $7.7m | $7.1m | $5.6m | — | |
| General and administrative | $45.4m | $58.2m | $75.0m | $77.4m | $110.8m | $145.9m | $180.2m | $194.7m | $219.3m | $229.1m | |
| Amortization of intangible assets and route and customer acquisition costs | $9.8m | $14.7m | $18.0m | $22.6m | $22.0m | $17.5m | $21.2m | $22.6m | $25.4m | — | |
| Total operating expenses | $230.3m | $307.1m | $411.0m | $341.0m | $664.5m | $872.9m | $1.1b | $1.1b | $1.2b | $1.3b | |
| Operating income | $18.2m |
$24.9m
+36.87%
|
$13.3m
-46.38%
|
($24.7m)
-285.06%
|
$70.2m
+384.42%
|
$96.9m
+37.99%
|
$107.4m
+10.89%
|
$90.9m
-15.38%
|
$107.9m
+18.67%
|
$114.2m
+5.85%
|
|
| Interest expense, net | — | $9.6m | $12.9m | $13.7m | $12.7m | $21.6m | $33.1m | $35.9m | $34.2m | $33.9m | |
| Other expenses, net | $1.3m | $3.0m | $19.6m | $8.9m | $13.0m | $9.3m | $6.5m | $19.3m | $11.9m | — | |
| Income before income tax expense | $10.1m | $15.2m | ($665k) | ($29.9m) | $46.6m | $94.8m | $65.7m | $53.7m | $71.9m | $78.4m | |
| Income tax expense | $1.8m | $4.4m | $5.2m | ($16.9m) | $15.0m | $20.7m | $20.1m | $18.4m | $20.7m | $21.8m | |
| Net income | $8.3m |
$10.8m
+29.98%
|
($5.9m)
-154.28%
|
($13.0m)
-121.42%
|
$31.6m
+343.06%
|
$74.1m
+134.80%
|
$45.6m
-38.46%
|
$35.3m
-22.61%
|
$51.3m
+45.28%
|
$56.7m
+10.55%
|
|
| Net income attributable to Accel Entertainment, Inc. | $8.3m | $10.8m | ($5.9m) | ($13.0m) | $31.6m | $74.1m | $45.6m | $35.3m | $51.5m | $56.7m | |
| Basic (in usd per share) | $0.15 | $0.19 | ($0.09) | ($0.16) | $0.34 | $0.82 | $0.53 | $0.42 | $0.60 | — | |
| Diluted (in usd per share) | $0.14 | $0.17 | ($0.09) | ($0.16) | $0.33 | $0.81 | $0.53 | $0.42 | $0.59 | — | |
| Loss on change in fair value of contingent earnout shares | — | $0 | $9.8m | ($8.5m) | $9.8m | ($19.5m) | $8.5m | $1.3m | $573k | — | |
| Comprehensive income | |||||||||||
| Depreciation and amortization of property and equipment | $16.8m | $20.8m | $26.4m | $21.0m | $24.6m | $29.3m | $37.9m | $44.0m | $52.7m | $81.4m | |
| Loss from unconsolidated affiliates | — | — | — | — | — | — | $0 | $0 | $59k | — | |
| Gain on expiration of warrants | — | — | $21.1m | ($12.6m) | $0 | $0 | $0 | ($13k) | $0 | — | |
| Loss on debt extinguishment | $0 | $0 | $1.1m | $0 | $1.2m | $0 | $0 | $0 | $1.1m | — | |
| Less: Net (loss) income attributed to redeemable noncontrolling interests | — | — | — | — | — | $0 | $0 | $39k | ($198k) | — | |
| Unrealized loss on interest rate caplets, net of taxes | — | — | — | $0 | $0 | $12.2m | ($4.3m) | ($3.8m) | ($4.0m) | — | |
| Less: Comprehensive (loss) income attributed to redeemable noncontrolling interests | — | — | — | — | — | $0 | $0 | $39k | ($198k) | — | |
| Comprehensive income attributable to Accel Entertainment, Inc. | — | $10.8m | ($15.7m) | ($12.9m) | $31.5m | $86.3m | $41.3m | $31.5m | $47.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.