NASDAQ$INSE
Inspired Entertainment Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported positive results despite the temporary suspension of the Company’s worldwide land-based business.
Inspired Entertainment reported financial results for the second quarter ended June 30, 2020. Total Revenue was $15.6 million and Adjusted EBITDA was $2.1 million. The company's online business showed strength, with revenues increasing by $4.9 million from the second quarter of 2019 on a pro forma basis.
- Aggressive cost-savings measures and strong demand in our online business helped to compensate for the retail closures.
- Retail venues have re-opened and the company is encouraged by the initial results.
- The performance of the online business continues to exhibit resiliency, with July revenues across our online channels increasing by approximately 82% year over year.
- The company finalized an agreement with lenders to amend debt covenants without the requirement to raise additional capital.
Headline financials
Revenue & EPS history
Inspired · Revenue · Quarterly
$15.6M
Revenue by segment
Inspired · $72.5M total across 4 segments · Q4 2022
- Gaming$31.9M—44.0%
- Leisure$19.4M—26.8%
- Virtual Sports$14.9M—20.6%
- Interactive$6.3M—8.7%
Forward guidance
The company remains confident in the long-term fundamentals of its business and is upbeat on the outlook for the third quarter and beyond, expecting continued growth in the online business.
Tailwinds
- Return of land-based business
- Continued growth in online business
- Upside from North American penetration
- Accelerated UK Pub and Leisure digitization
- Additional customers coming onboard digitally distributed business lines
Headwinds
- COVID-19 global pandemic will remain challenging
- COVID-19 global pandemic will remain unpredictable
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+2.8%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+2.6%
Avg return
30 days after
45%
20 / 44 earnings
Positive
+23.3%
Q1 2022
Best reaction
-11.8%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.2% | +1.9% | +3.6% | |
| Q4 2025 | -4.4% | -21.1% | -18.0% | |
| Q3 2025 | +12.8% | +9.9% | +15.7% | |
| Q1 2025 | +4.6% | +13.7% | +8.4% | |
| Q4 2024 | +9.6% | +5.6% | -12.4% | |
| Q3 2024 | +4.6% | +6.6% | -4.3% | |
| Q2 2024 | +5.1% | +2.9% | +7.0% | |
| Q1 2024 | -6.5% | -7.2% | -3.1% | |
| Q4 2023 | -3.9% | -7.1% | -8.5% | |
| Q3 2023 | -7.6% | -6.9% | -4.8% | |
| Q2 2023 | -4.5% | -2.4% | -6.0% | |
| Q1 2023 | +11.1% | +12.3% | +19.9% | |
| Q4 2022 | -11.8% | -17.8% | -23.7% | |
| Q3 2022 | +16.5% | +21.5% | +25.3% | |
| Q2 2022 | +14.8% | +11.8% | +1.0% | |
| Q1 2022 | +23.3% | +25.2% | +35.2% | |
| Q4 2021 | +10.7% | +18.1% | -16.9% | |
| Q3 2021 | +6.0% | -0.2% | -19.3% | |
| Q2 2021 | +4.1% | +2.1% | +3.4% | |
| Q1 2021 | -0.9% | -7.0% | +37.7% | |
| Q4 2020 | +23.2% | +29.4% | +19.8% | |
| Q3 2020 | +18.0% | +12.0% | +32.0% | |
| Q2 2020 | -3.6% | +3.9% | -10.9% | |
| Q1 2020 | +7.6% | +16.1% | +60.2% | |
| Q4 2019 | -11.8% | -17.9% | -51.8% | |
| Q3 2019 | +0.2% | -3.3% | -6.9% | |
| Q2 2019 | +14.3% | +7.5% | +7.5% | |
| Q1 2019 | -5.1% | -3.0% | -2.1% | |
| Q4 2018 | -3.4% | -5.6% | +5.1% | |
| Q3 2018 | -6.9% | -7.9% | -17.1% | |
| Q2 2018 | +22.1% | +22.1% | +9.6% | |
| Q1 2018 | -7.6% | -14.5% | -19.1% | |
| Q4 2017 | -8.4% | -5.8% | +2.9% | |
| Q3 2017 | -0.5% | +0.5% | +22.3% | |
| Q1 2017 | -2.8% | +1.9% | +18.0% | |
| Q4 2016 | -5.3% | -5.7% | -9.5% | |
| Q3 2016 | +0.0% | -1.5% | +0.5% | |
| Q2 2016 | +0.0% | +3.2% | +0.0% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +0.1% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | -0.4% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | — | — | — |
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