GGRAsia – Aristocrat’s annual revenue up 18%, profit exceeds $700 million

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Aristocrat’s annual revenue up 18%, profit over $700 million


Casino slot machine maker and digital game provider Aristocrat Leisure Ltd on Wednesday reported net profit after tax and before amortization of acquired intangible assets (NPATA) of AUD 1.05 billion ($705.8 million) for its fiscal year ended September 30. 13.9% YoY.

The result was on revenue that rose 17.7% year-on-year to just over A$5.57 billion, the Australian-listed company said.

The company said the results for the year reflected its “sustained investment in best-performing product portfolios, capabilities for differentiation, increased operational diversification and business resilience.”

The company said that on a normalized basis – i.e. excluding the impact of certain material items – NPATA for the 12-month period was nearly AUD 1.10 billion, an increase of 27 .1% YoY.

Aristocrat said normalized earnings before interest, tax, depreciation and amortization (EBITDA) were A$1.85 billion, up about 20.0% from a year earlier.

The company said its balance sheet “remains exceptionally strong”, with around AUD 3.8 billion of cash available as of September 30, “to support committed and future investments”. It had also enabled debt repayments totaling $250 million, the distribution of dividends and A$340 million in market share buybacks.

The company is due to pay a dividend of AUD 171.5 million, giving a fully franked final dividend of AUD 0.26 per share. Total dividends for the year ended 30 September amounted to AUD 0.52 per share, or approximately AUD 345.3 million, an increase of 27% over the previous year.

Aristocrat Chief Executive and Managing Director Trevor Croker said in comments included in Wednesday’s statement that the company’s performance “underscores the ongoing implementation” of its growth strategy and “highlights highlights the strength” of his “post-Covid recovery” and his “ability to perform in a difficult environment”.

Referring first to the land business unit and then to a social mobile gaming unit, the CEO said, “Aristocrat Gaming’s strong performance more than offset headwinds in the Pixel United business, highlighting to again the growing diversification and resilience of our group”.

Croker also said the company “has made further progress” in its “build-and-buy” strategy to grow in the real-money online gaming (RMG) segment, including the launch of the group’s RMG division, called ‘Anaxi’.

He added, “While we focus first on the North American iGaming vertical, we ultimately aim to be the leading gaming platform within the global online RMG industry.”



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