← Inspired Entertainment, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $21.2m | $6.9m | $64.8m | ($17.0m) | ($9.4m) | |
| Net Income (Loss) Attributable to Parent | — | ($49.1m) |
($20.6m)
+58.06%
|
($41.1m)
-99.55%
|
($32.4m)
+21.17%
|
($36.7m)
-13.27%
|
$20.6m
+156.13%
|
$7.6m
-63.11%
|
$64.8m
+752.63%
|
($17.0m)
-126.23%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | ($37.0m) | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | — | $18.4m | $20.3m | $21.7m | $29.9m | $25.9m | $21.5m | $39.9m | $43.3m | $52.4m | $57.7m | |
| Amortization | — | — | $478k | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | $3.2m | $3.4m | $3.5m | $2.4m | $900k | $1.5m | $1.5m | $3.3m | $3.5m | — | |
| Capitalized Computer Software, Amortization | — | $10.9m | $18.1m | $16.4m | $20.0m | $20.0m | $9.5m | $10.1m | $10.7m | $11.5m | — | |
| Depreciation | — | — | — | $300k | $1.8m | $1.4m | $1.5m | $19.5m | $19.8m | $18.6m | $57.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $43.4m | $43.4m | $47.7m | $57.1m | $57.7m | |
| Amortization of deferred financing fees relating to senior debt | — | — | — | — | — | — | $1.8m | $2.0m | $1.1m | $3.0m | — | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | $200k | $1.2m | — | $5.0m | ($69.4m) | $2.9m | $3.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $0 | $0 | ($69.4m) | $2.9m | $3.0m | |
| Deferred Tax | — | — | — | — | — | — | $0 | $0 | ($69.4m) | $2.9m | $3.0m | |
| Share-based Payment Arrangement, Noncash Expense | — | $4.2m | $7.1m | $9.0m | $4.8m | $13.0m | $10.8m | $11.2m | $7.6m | $6.7m | $6.5m | |
| Share-based Payment Arrangement, Expense | — | — | — | $9.0m | $4.8m | $13.0m | $10.8m | $11.2m | $7.6m | $6.7m | $6.5m | |
| Stock-based compensation expense | — | $4.2m | $7.1m | $9.0m | $4.8m | $13.0m | $10.8m | $11.2m | $7.6m | $6.7m | $6.5m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $40.2m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $8.1m | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Income (Loss) from Equity Method Investments | — | ($4.2m) | ($7.4m) | ($100k) | ($500k) | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $4.1m | $3.2m | ($4.7m) | $5.7m | $1.1m | $400k | $500k | $900k | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Nonoperating Income (Expense) | — | ($37.0m) | ($13.1m) | ($28.0m) | ($38.4m) | ($37.7m) | ($23.3m) | ($27.3m) | ($28.9m) | ($36.4m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($46.0m) | ($7.7m) | ($18.6m) | ($6.1m) | ($26.3m) | |
| Increase (Decrease) in Accounts Receivable | — | $4.6m | ($5.3m) | $3.3m | $2.9m | $4.9m | $12.1m | ($1.7m) | $22.8m | ($24.2m) | $8.3m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | ($1.6m) | ($1.1m) | — | — | ($600k) | ($200k) | ($200k) | ($100k) | ($300k) | $8.3m | |
| Change In Receivables | — | — | — | — | — | — | ($13.5m) | $1.1m | ($22.8m) | $24.2m | $8.3m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($13.5m) | $1.1m | ($22.8m) | $24.2m | $8.3m | |
| Accounts receivable | $6.7m | ($4.6m) | $5.3m | $3.3m | ($2.9m) | ($4.9m) | ($12.0m) | $1.7m | ($22.8m) | $24.2m | $8.3m | |
| Increase (Decrease) in Inventories | — | ($2.7m) | $448k | $2.0m | ($1.3m) | ($1.6m) | $16.7m | $400k | ($3.8m) | ($7.3m) | $2.4m | |
| Change In Inventory | — | — | — | — | — | — | ($16.7m) | ($300k) | $3.8m | $7.3m | $2.4m | |
| Inventory | ($607k) | $2.7m | ($448k) | $2.0m | $1.3m | $1.6m | ($16.0m) | ($400k) | $3.8m | $7.3m | $2.4m | |
| Increase (Decrease) in Accounts Payable | — | $10.5m | ($4.1m) | $6.9m | ($4.8m) | $2.8m | $5.1m | — | — | — | ($31.4m) | |
| Accounts payable and accrued expenses | — | — | — | — | — | $3.8m | $5.8m | $4.5m | ($10.6m) | ($10.7m) | ($31.4m) | |
| Purchases of property and equipment, accrued but unpaid | $9.5m | $15.1m | $24.8m | $10.5m | $15.4m | $11.6m | $22.2m | $32.8m | $17.0m | $35.7m | ($34.8m) | |
| Change In Accrued Expense | — | — | — | — | — | $700k | $800k | — | — | — | ($10.7m) | |
| Deferred revenue and customer prepayment | — | — | — | ($9.5m) | ($5.7m) | ($6.7m) | ($5.2m) | $4.8m | $7.2m | $6.7m | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($5.4m) | ($3.3m) | ($3.1m) | ($6.7m) | ($3.7m) | |
| Prepaid expenses and other assets | $607k | ($6.0m) | $1.2m | $3.3m | $8.8m | ($13.9m) | ($3.8m) | ($8.5m) | $5.8m | ($18.0m) | — | |
| Corporate tax and other current taxes payable | ($840k) | ($1.8m) | ($1.9m) | ($3.6m) | $6.6m | ($9.9m) | ($6.7m) | ($6.4m) | $1.1m | ($8.9m) | — | |
| Net cash provided by operating activities | $18.6m |
$18.3m
-2.12%
|
$34.2m
+87.47%
|
$30.7m
-10.28%
|
$52.9m
+72.31%
|
$6.2m
-88.28%
|
$34.7m
+459.68%
|
$45.5m
+31.12%
|
$31.7m
-30.33%
|
$52.0m
+64.04%
|
$40.8m
-21.54%
|
|
| Net Cash Provided by (Used in) Operating Activities | $18.6m |
$18.3m
-2.12%
|
$34.2m
+87.47%
|
$30.7m
-10.28%
|
$52.9m
+72.31%
|
$6.2m
-88.28%
|
$24.7m
+298.39%
|
$45.5m
+84.21%
|
$31.7m
-30.33%
|
$52.0m
+64.04%
|
$40.8m
-21.54%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.5m | $15.1m | $24.8m | $10.5m | $15.4m | $11.6m | $22.2m | $32.8m | $17.0m | $35.7m | ($34.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $105.9m | — | — | — | — | — | — | ($13.1m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($5.9m) | ($10.9m) | ($11.3m) | ($13.0m) | ($11.3m) | |
| Net Cash from Investing Activities | — | $36.7m | — | — | — | — | — | — | — | $18.1m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($31.9m) | ($35.4m) | ($42.9m) | ($133.4m) | ($29.9m) | ($37.9m) | ($32.6m) | ($48.4m) | ($40.1m) | ($40.5m) | ($28.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt fees incurred | — | — | — | — | ($3.1m) | — | — | — | — | ($18.8m) | — | |
| Proceeds from Issuance of Long-term Debt | $11.2m | — | $140.0m | $270.6m | — | $333.1m | — | — | — | $365.7m | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $18.9m | $0 | $365.7m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $18.9m | $0 | $365.7m | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($600k) | $17.8m | ($1.6m) | $19.2m | ($29.1m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($600k) | $17.8m | ($1.6m) | $19.2m | ($49.4m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($320.6m) | $0 | $0 | — | — | $18.9m | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | $18.9m | — | — | $18.9m | |
| Proceeds from Debt Issuance | $11.2m | — | $140.0m | $270.6m | — | $333.1m | — | — | — | $365.7m | — | |
| Repayments of Long-term Debt | $146k | $3.2m | $123.7m | $144.2m | $4.2m | $320.6m | — | — | — | $338.6m | ($49.4m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($600k) | ($1.1m) | ($1.6m) | ($346.5m) | ($49.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($600k) | ($1.1m) | ($1.6m) | ($346.5m) | ($49.4m) | |
| Short Term Debt Payments | — | — | — | — | — | ($320.6m) | $0 | $0 | — | — | $0 | |
| Repayments of long-term debt and short-term debt | ($146k) | ($3.2m) | ($123.7m) | ($144.2m) | ($4.2m) | ($320.6m) | — | — | — | ($338.6m) | ($49.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($10.4m) | ($1.6m) | $0 | ($400k) | ($5.6m) | |
| Proceeds from Issuance of Common Stock | — | $1.6m | — | — | — | — | — | — | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($10.4m) | ($1.6m) | $0 | ($400k) | ($5.6m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $10.4m | $1.6m | — | $400k | — | |
| Common Stock Payments | — | — | — | — | — | — | ($10.4m) | ($1.6m) | $0 | ($400k) | ($5.6m) | |
| Repurchase of common stock | — | — | — | — | — | — | ($10.4m) | ($1.6m) | — | ($400k) | — | |
| Net Other Financing Charges | — | — | — | — | — | ($11.2m) | — | — | — | ($18.8m) | ($18.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $11.1m |
$34.6m
+212.71%
|
$11.2m
-67.72%
|
$113.5m
+917.66%
|
($8.2m)
-107.22%
|
$31.2m
+480.49%
|
($11.0m)
-135.26%
|
$16.2m
+247.27%
|
($1.6m)
-109.88%
|
— | ($34.6m) | |
| Net increase (decrease) in cash | ($2.6m) | $18.5m | $2.4m | $13.1m | $18.0m | $700k | ($22.8m) | $15.0m | ($10.7m) | $14.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($369k) | $1.1m | ($13k) | $13.1m | $18.0m | $700k | ($22.8m) | $15.0m | ($10.7m) | $14.0m | $24.5m | |
| Beginning Cash Position | — | — | — | — | — | — | $47.8m | $25.0m | $40.0m | $29.3m | $46.3m | |
| Cash, beginning of period | — | — | — | $16.0m | $29.1m | $47.1m | $47.8m | $25.0m | $29.3m | $43.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | $29.3m | $43.3m | $24.5m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($3.9m) | $1.7m | ($700k) | $2.5m | ($1.3m) | |
| Effect of Exchange Rate on Cash | ($369k) | $1.1m | ($13k) | $2.3m | $3.2m | $1.2m | ($6.1m) | $1.7m | ($700k) | $2.5m | ($1.3m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $900k | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $900k | — | — | — | — | |
| Income Tax Expense (Benefit) | — | $184k | $182k | ($100k) | $400k | ($1.6m) | $2.1m | $5.0m | ($63.0m) | $11.1m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $29.4m | $37.3m | — | |
| Operating Lease, Expense | — | — | — | $3.7m | $1.7m | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $900k | $2.3m | $3.3m | — | — | — | — | — | |
| Operating lease liabilities | — | — | — | ($1.3m) | ($2.8m) | ($2.9m) | ($2.6m) | ($3.9m) | ($4.0m) | ($4.1m) | — | |
| Interest Expense | $12.2m | $10.5m | $16.7m | $12.6m | $13.3m | $30.8m | $23.0m | $24.0m | $26.6m | $36.6m | — | |
| Income Tax Expense | — | — | — | — | $200k | $1.2m | $0 | $5.0m | $2.5m | $7.5m | — | |
| Lease liabilities arising from obtaining operating lease right of use assets | — | — | — | ($9.6m) | ($6.8m) | — | ($1.8m) | ($900k) | ($6.5m) | ($1.1m) | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | — | — | ($6.6m) | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | — | $4.6m | — | — | — | — | — | |
| General and Administrative Expense | — | — | — | — | — | $110.2m | $101.9m | $115.5m | $130.8m | $128.1m | — | |
| Goodwill | — | $47.1m | $45.8m | $80.9m | $83.7m | $82.7m | $55.5m | $58.8m | $57.8m | $62.1m | $0 | |
| Investment Income, Interest | — | $55k | $205k | $100k | $600k | — | — | — | — | — | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | — | $6.9m | — | |
| Payments of Financing Costs | — | — | $4.6m | $15.2m | — | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | — | — | — | $2.7m | $2.2m | $1.6m | $2.2m | $3.4m | $3.4m | $3.6m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $141.4m | $153.4m | $199.8m | — | — | — | — | — | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | — | — | $2.5m | $2.7m | $5.6m | — | |
| Cash Flow From Continuing Operating Activities | $18.6m | $18.3m | $34.2m | $30.7m | $52.9m | $6.2m | $29.6m | $54.7m | $31.7m | $52.0m | $40.8m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($11.0m) | $16.2m | ($1.6m) | $0 | ($34.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($37.5m) | ($57.6m) | ($40.1m) | ($40.5m) | ($28.0m) | |
| Change In Account Payable | — | — | — | — | — | — | $5.8m | $4.5m | ($10.6m) | ($10.7m) | ($31.4m) | |
| Change In Income Tax Payable | — | — | — | — | — | — | ($6.1m) | ($6.4m) | $1.1m | ($8.9m) | ($7.8m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($4.4m) | $4.7m | $7.2m | $6.7m | $2.4m | |
| Change In Payable | — | — | — | — | — | — | ($300k) | ($1.9m) | ($9.5m) | ($19.6m) | ($31.4m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($5.7m) | ($8.0m) | $5.8m | ($18.0m) | $3.5m | |
| Change In Tax Payable | — | — | — | — | — | — | ($6.1m) | ($6.4m) | $1.1m | ($8.9m) | ($7.8m) | |
| Changes In Cash | — | — | — | — | — | — | ($18.9m) | $13.3m | ($10.0m) | $11.5m | ($21.8m) | |
| End Cash Position | — | — | — | — | — | — | $25.0m | $40.0m | $29.3m | $43.3m | $24.5m | |
| Financing Cash Flow | — | — | — | — | — | — | ($11.0m) |
$16.2m
+247.27%
|
($1.6m)
-109.88%
|
$0
+100.00%
|
($34.6m) | |
| Free Cash Flow | — | — | — | — | — | — | ($1.4m) | $8.0m | $2.9m | $6.4m | $6.0m | |
| Gain Loss On Investment Securities | — | — | — | — | — | $1.5m | $700k | $300k | — | — | ($200k) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | — | — | $0 | $6.6m | $6.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($37.5m) | ($57.6m) | ($40.1m) | ($40.5m) | ($28.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($600k) | $0 | $0 | $18.1m | ($13.1m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($4.7m) | $0 | $0 | — | — | $0 | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($10.4m) | ($14.7m) | ($11.8m) | ($9.9m) | ($11.5m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($20.6m) | ($32.0m) | ($17.0m) | ($35.7m) | ($23.3m) | |
| Operating Gains Losses | — | — | — | — | — | ($3.2m) | ($200k) | $300k | — | $6.6m | ($200k) | |
| Other Non Cash Items | — | — | — | — | — | — | $400k | $600k | ($400k) | $1.8m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $30.5m | $0 | $0 | — | — | $0 | |
| Purchase Of Business | — | — | — | — | — | ($12.4m) | ($600k) | $0 | $0 | — | ($13.1m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($10.4m) | ($14.7m) | ($11.8m) | ($9.9m) | ($11.5m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($20.6m) | ($32.0m) | ($17.0m) | ($35.7m) | ($34.8m) | |
| Sale Of Business | — | — | — | — | — | — | — | — | $0 | $18.1m | $18.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $10.8m | $11.2m | $7.6m | $6.7m | $6.5m | |
| Net (loss) income | ($59.9m) | ($49.1m) | ($20.6m) | ($37.0m) | ($29.2m) | ($36.7m) | $22.3m | $7.6m | $64.8m | ($17.0m) | — | |
| Pension contributions | — | — | — | — | — | — | ($1.4m) | ($1.4m) | ($1.5m) | ($1.2m) | — | |
| Other long-term liabilities | ($4.0m) | ($3.4m) | ($5.8m) | $1.9m | ($600k) | ($400k) | ($2.9m) | ($800k) | $900k | ($2.6m) | — | |
| Purchases of capital software and internally developed costs | ($22.4m) | ($20.3m) | ($18.1m) | ($17.0m) | ($14.5m) | ($13.8m) | ($18.6m) | ($15.0m) | ($11.8m) | ($9.9m) | — | |
| Contract cost expenditures | — | — | — | — | — | — | — | — | ($11.3m) | ($13.0m) | — | |
| Repayments of finance leases | — | ($557k) | ($544k) | ($500k) | ($900k) | ($600k) | ($600k) | ($1.1m) | ($1.6m) | ($7.9m) | — | |
| Cash | $1.5m | $20.0m | $22.5m | $29.1m | — | — | — | — | $29.3m | $42.0m | $40.8m | |
| Lease liabilities arising from obtaining finance lease right of use assets | — | — | — | — | — | — | — | — | ($18.7m) | ($1.3m) | — | |
| Additional paid in capital from net settlement of RSUs | — | — | ($1.0m) | ($900k) | ($700k) | ($6.4m) | ($4.1m) | ($2.9m) | ($3.0m) | ($1.3m) | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | ($385k) | ($5.5m) | $3.0m | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($22.8m) | $15.0m | ($10.7m) | $14.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $10.5m | $16.7m | $12.6m | $13.3m | $30.8m | $23.0m | $24.0m | $26.6m | $36.6m | — |