NASDAQ$INSE
Inspired Entertainment Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Delivered solid results driven by interactive business and stable gaming performance.
Inspired Entertainment reported solid second quarter 2024 results, driven by a strong performance in the Interactive segment, which achieved record-breaking revenue and Adjusted EBITDA. The company is focused on expanding its Hybrid Dealer offering and anticipates growth in Virtual Sports revenue in the second half of the year. The gaming and leisure segments continue to provide a core foundation to earnings and cash flow.
- Interactive segment achieved record-breaking revenue and Adjusted EBITDA, up 40% and 69%, respectively, compared to the same period last year.
- Expansion of Hybrid Dealer offering remains a top priority, with successful launch of game show wheel with BetMGM in Michigan in July.
- Expects revenue and Adjusted EBITDA during the second half of the year from Virtual Sports will exceed the revenues and Adjusted EBITDA from the first half of 2024.
- Extended long-term partnership agreement with William Hill, covering approximately 1,300 betting shops in the United Kingdom, with William Hill set to add 5,000 new Vantage® cabinets.
Headline financials
Revenue & EPS history
Inspired · Revenue · Quarterly
$75.6M
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
Inspired Entertainment anticipates continued growth and innovation, with a focus on expanding its Hybrid Dealer product, strategic partnerships, and a range of initiatives in Virtual Sports, remaining committed to delivering long-term value for its shareholders.
Tailwinds
- Expansion of Hybrid Dealer offering with successful launch in Michigan.
- Anticipated growth in Virtual Sports revenue in the second half of the year.
- Strategic partnership with William Hill and deployment of new Vantage cabinets.
- Continued innovation and adaptation to market dynamics.
- Commitment to delivering long-term value for shareholders.
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 2024
+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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