Inspired Entertainment Reports $297.1M Revenue for FY 2024 with Strong Interactive Growth

According to Inspired Entertainment’s financial figures, the company made $83 million in Q4 and $297.1 million in FY 2024. Both numbers represent a 2% increase from the previous year, with the interactive section showing particularly strong growth.

The supplier’s quarterly revenue increase was mostly attributed to its outstanding interactive performance. In addition to the leisure sector, which contributed $22.5 million, interactive revenue increased by 45% to $11.6 million.

The revenue of the gaming and virtual sports divisions decreased by 1% and 22%, respectively, in spite of this expansion. A considerable turnaround was observed in net income, which increased from a loss of $1.7 million in Q4 2023 to $68 million in Q4 2024, while adjusted EBITDA increased by 22% to $30.9 million.

Full-Year Financials Reflect Interactive Success

For FY 2024, Inspired Entertainment maintained an overall revenue increase of 2%, reaching $297.1 million. Interactive revenue remained a standout, growing 41% year-over-year to $39.3 million. The leisure division also delivered a solid 6% increase, totaling $101.8 million.

However, gaming revenue dipped slightly by 1% to $110.6 million, and virtual sports revenue declined 19% to $45.4 million. Despite these declines, Inspired’s net income for the year climbed to $65.8 million, a significant jump from $5.8 million in the previous year. Adjusted EBITDA grew 1% to $100.1 million, with an adjusted EBITDA margin of 34%.

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