$3.33

+0.15 (+4.72%)

Weekly Expected Move ±15.5%

$2 $3 $3 $4 $4

NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos · Tech Score Sell · Power 35 · $88.8M mcap · 25M float · 1.01% daily turnover · Short 35% of daily vol

Credit Risk of going bust: higher than 86% of companies Debt: 79.4% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the second-riskiest tenth, about 1 in 87 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.64 (down 81%), Inspired Entertainment, Inc. would be worth roughly what it owes.
Total debt $343.2M against a stock market value of $88.8M.
Distance to default 2.02 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $159.7M (short-term plus half of long-term), stock volatility 57.6%; Altman Z'' -1.97. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$304M +2.4% ▲

5Y CAGR: +8.9%

Gross Profit

$165M -19.3% ▼

5Y CAGR: +3.8%

Operating Income

$37M +20.8% ▲

Net Income

-$17M -126.2% ▼

EPS (Diluted)

$-0.58 -126.1% ▼

EBITDA

$94M +14.5% ▲

5Y CAGR: +22.7%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$206M	$284M	$323M	$297M	$304M
YoY Growth	+3.8%	+38.7%	+13.2%	-8.0%	+2.4%
Cost of Revenue	$70M	$95M	$129M	$92M	$139M
Gross Profit	$136M	$190M	$194M	$205M	$165M
Gross Margin	66.2%	66.6%	60.2%	68.9%	54.3%
R&D Expenses	$0	$0	$0	$30M	$19M
SG&A Expenses	$90M	$103M	$116M	$131M	$128M
Operating Expenses	$141M	$143M	$155M	$174M	$128M
Operating Income	-$4M	$46M	$39M	$31M	$37M
Operating Margin	-2.2%	16.3%	12.0%	10.3%	12.2%
Interest Expense	$46M	$27M	$31M	$33M	$37M
Income Before Tax	-$42M	$23M	$12M	$2M	-$6M
Tax Expense	-$2M	$2M	$5M	-$63M	$11M
Net Income	-$41M	$21M	$7M	$65M	-$17M
Net Margin	-19.7%	7.5%	2.1%	21.8%	-5.6%
EPS (Diluted)	$-1.66	$0.71	$0.26	$2.22	$-0.58
EBITDA	$57M	$94M	$86M	$82M	$94M
Shares Outstanding	24M	29M	29M	29M	29M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$78M	$80M	$60M	$80M	$86M	$77M	$57M	$61M
Cost of Revenue	$23M	$24M	$18M	$25M	$26M	$18M	$11M	$12M
Gross Profit	$55M	$57M	$42M	$55M	$60M	$60M	$46M	$49M
Gross Margin	70.0%	70.5%	70.4%	68.6%	70.2%	77.1%	80.4%	79.9%
R&D Expenses	$0	$30M	$0	$0	$0	$0	$0	$0
SG&A Expenses	$31M	$34M	$30M	$32M	$32M	$34M	$24M	$24M
Operating Expenses	$43M	$46M	$41M	$47M	$51M	$48M	$37M	$39M
Operating Income	$12M	$11M	$2M	$8M	$10M	$12M	$9M	$10M
Operating Margin	15.3%	13.4%	2.6%	9.8%	11.3%	15.5%	16.1%	16.3%
Interest Expense	$8M	$9M	$7M	$7M	$12M	$12M	$11M	$10M
Income Before Tax	$4M	$2M	-$5M	$1M	-$1M	$900K	-$1M	$600K
Tax Expense	$1M	-$63M	-$5M	$9M	$700K	$8M	-$700K	$400K
Net Income	$3M	$65M	-$100K	-$8M	-$2M	-$7M	-$500K	$200K
Net Margin	4.4%	81.0%	-0.2%	-9.7%	-2.2%	-9.3%	-0.9%	0.3%
EPS (Diluted)	$0.12	$2.33	$-0.00	$-0.27	$-0.07	$-0.24	$-0.02	$0.01
EBITDA	$26M	$24M	$14M	$25M	$30M	$27M	$23M	$25M
Shares Outstanding	28M	29M	29M	29M	29M	29M	29M	29M

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