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INSE - Inspired Entertainment, Inc.

NASDAQ -> Communication Services -> Electronic Gaming & Multimedia
New York, United States
Type: Equity

INSE price evolution
INSE
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Jan 2023
Current assets
Cash $26.4 $42.1 $27.8 $25
Short term investments
Net receivables $29.2 $39.1 $33 $40.5
Inventory $39.9 $48 $36.5 $31
Total current assets $133.3 $161.8 $128.4 $128.6
Long term investments
Property, plant & equipment $66.9 $55.9 $55.8 $53
Goodwill & intangible assets $91.5 $131.9 $128.5 $124.4
Total noncurrent assets $171.4 $191.7 $188.1 $180.8
Total investments
Total assets $304.7 $353.5 $316.5 $309.4
Current liabilities
Accounts payable $58 $47.5 $22.2 $25.7
Deferred revenue $10.3 $33.9 $8.3 $8.5
Short long term debt $4.1 $2.9 $2.8 $3.8
Total current liabilities $77.8 $97.4 $73.2 $74.7
Long term debt $294.8 $301.2 $292.3 $278.8
Total noncurrent liabilities $299.4 $306.4 $297.7 $292.4
Total debt $298.9 $304.1 $295.1 $288.5
Total liabilities $377.2 $403.8 $370.9 $367.1
Shareholders' equity
Retained earnings -$508.6 -$479.5 -$482.4 -$482.2
Other shareholder equity $49.8 $45.1 $46.8 $46.3
Total shareholder equity -$72.5 -$50.3 -$54.4 -$57.7
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Current assets
Cash $25 $47.8 $47.1 $29.1
Short term investments
Net receivables $54.4 $31.7 $27.5 $24.2
Inventory $31 $16.9 $17.6 $18.8
Total current assets $128.6 $126.4 $109 $95.3
Long term investments $0.6
Property, plant & equipment $53 $61 $78 $88.7
Goodwill & intangible assets $124.4 $137.2 $133.8 $137.7
Total noncurrent assets $180.8 $205.3 $215.1 $232.1
Total investments $0.6
Total assets $309.4 $331.7 $324.1 $327.4
Current liabilities
Accounts payable $25.7 $20.8 $17.9 $22.2
Deferred revenue $8.5 $14.5 $22.9 $27.8
Short long term debt $3.8 $4.2 $4.2 $6.3
Total current liabilities $74.7 $81.5 $94.9 $78.3
Long term debt $278.8 $318.3 $306.9 $275.7
Total noncurrent liabilities $292.4 $328.2 $330.9 $298.6
Total debt $288.5 $322.5 $311.1 $282
Total liabilities $367.1 $409.7 $425.8 $376.9
Shareholders' equity
Retained earnings -$482.2 -$494.1 -$457.4 -$441.2
Other shareholder equity $46.3 $43.8 $31.1 $45.1
Total shareholder equity -$57.7 -$78 -$101.7 -$49.5
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Revenue
Total revenue $97.5 $80.4 $66 $78.6
Cost of revenue $48.1 $23.2 $16.7 $23.9
Gross Profit $49.4 $57.2 $49.3 $54.7
Operating activities
Research & development
Selling, general & administrative $26.9 $34.4 $34.3 $33.2
Total operating expenses $37.2 $44.8 $43.2 $42.3
Operating income $12.2 $12.4 $6.1 $12.4
Income from continuing operations
EBIT $12.3 $12.5 $6.2 $12.6
Income tax expense $2 $1.1 $0.1 $2.8
Interest expense $6.9 $7.3 $6.3 $6.7
Net income
Net income $3.4 $4.1 -$0.2 $3.1
Income (for common shares) $3.4 $4.1 -$0.2 $3.1
(in millions $) 31 Dec 2022 31 Jan 2022 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $285.4 $199.8 $153.4
Cost of revenue $72 $44.5 $36.1
Gross Profit $213.4 $155.3 $117.3
Operating activities
Research & development
Selling, general & administrative $126.4 $89.6 $72.6
Total operating expenses $164.5 $148.9 $130.3
Operating income $48.9 $6.4 -$13
Income from continuing operations
EBIT $50.9 -$1.4 -$9.1
Income tax expense $3.2 $0.4 $0.1
Interest expense $25.4 $30.6 $27.8
Net income
Net income $22.3 -$32.4 -$37
Income (for common shares) $22.3 -$32.4 -$37
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Net income $3.4 $4.1 -$0.2 $3.1
Operating activities
Depreciation $11.2 $11.1 $9.4 $9.4
Business acquisitions & disposals -$0.6
Stock-based compensation $3.3 $3.2 $2.9 $2.9
Total cash flows from operations $2.8 $22.7 $14.8 -$5.2
Investing activities
Capital expenditures -$4.7 -$13.9 -$6.1 -$4.6
Investments
Total cash flows from investing -$15.7 -$9.1 -$11.5 -$9
Financing activities
Dividends paid
Sale and purchase of stock -$1.5 -$0.1 -$0.4
Net borrowings -$0.3 -$0.2 -$0.5 -$0.2
Total cash flows from financing -$1.8 -$0.3 -$0.5 -$0.6
Effect of exchange rate -$1 $1 $2.4
Change in cash and equivalents -$15.7 $14.3 $2.8 -$12.4
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income $22.3 -$36.7 -$32.4 -$37
Operating activities
Depreciation $40 $50.3 $55.9 $43
Business acquisitions & disposals -$0.6 -$12.5 -$105.9
Stock-based compensation $10.8 $13 $4.8 $9
Total cash flows from operations $34.7 $6.2 $52.9 $30.7
Investing activities
Capital expenditures -$21.2 -$25.4 -$15.4 -$10.5
Investments
Total cash flows from investing -$40.4 -$37.9 -$29.9 -$133.4
Financing activities
Dividends paid
Sale and purchase of stock -$10.4 $30.5
Net borrowings -$0.6 $2.8 -$5.1 $113.5
Total cash flows from financing -$11 $31.2 -$8.2 $113.5
Effect of exchange rate -$6.1 $1.2 $3.2 $2.3
Change in cash and equivalents -$22.8 $0.7 $18 $13.1
Fundamentals
Market cap $258.48M
Enterprise value $530.98M
Shares outstanding 26.21M
Revenue $322.50M
EBITDA $84.70M
EBIT $43.60M
Net Income $10.40M
Revenue Q/Q 30.17%
Revenue Y/Y N/A
P/E ratio 24.85
EV/Sales 1.65
EV/EBITDA 6.27
EV/EBIT 12.18
P/S ratio 0.80
P/B ratio -2.11
Book/Share -4.67
Cash/Share 1.01
EPS $0.40
ROA 3.24%
ROE -17.71%
Debt/Equity -6.36
Net debt/EBITDA 4.14
Current ratio 1.71
Quick ratio 1.20