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Ainsworth Game Technology Limited (ASX:AGI)

ALERT: Price-sensitive ASX Announcement for AGI
Current share price for AGI : $1.355 0.305 (29.05%)+
Announcement
Release
27 Feb 2026 9:50AM
Price at Release
$1.050
Full Release
download
Summary
Ainsworth Game Technology Limited's CY25 Full Year Financial Results report highlights a 10% increase in revenue compared to the previous year, with a notable impact on gross margins due to product mix and tariffs in the Americas. The underlying EBITDA remained consistent at $48.0 million, while the net debt increased to $11.8 million. The company focused on product developments, including the successful launch of the A-Star Raptor dual screen cabinet in the APAC region. Despite recognizing a $43.1 million goodwill impairment in North America, the company recorded a $25.2 million income tax benefit. The A-Star Raptor cabinet achieved significant sales with 1,829 units sold.
Key Points
  • Revenue increased by 10% compared to the previous corresponding period (PCP).
  • Gross margin impacted by product sales mix in the Americas and tariff introductions in North America.
  • Underlying EBITDA of $48.0 million was consistent with the PCP, but margins compressed to 16.5%.
  • Gaming operations units totaled 6,091, a reduction from the previous year.
  • Net debt position of $11.8 million at year-end, compared to a net cash position of $9.7 million the previous year.
  • No dividends were paid to maintain liquidity and invest in product developments.
  • The A-Star Raptor dual screen cabinet performed well in the APAC region.
  • A $43.1 million goodwill impairment was recognized in North America.
  • Income tax benefit of $25.2 million was recorded, driven by deferred tax asset recognition.
  • The A-Star Raptor cabinet launched with strong market traction, with 1,829 units sold.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.