Inspired Entertainment, Inc.

Inspired Entertainment reported a significant decrease in revenue for Q2 2026, falling 24.3% year-over-year to $60.8 million. Despite the revenue decline, the company achieved a net income of $0.2 million, a substantial improvement from a $7.8 million net loss in the prior year's quarter. The company also reduced its long-term debt by $25.8 million and repurchased $5.2 million in common stock during the first half of 2026, while also entering into interest rate swap agreements to manage debt exposure.

Inspired Entertainment reported Q2 2026 revenue of $60.8 million, a 6% sequential increase, and a record 45% Adjusted EBITDA margin, with Adjusted EBITDA reaching $27.1 million. The company achieved net income of $0.2 million and Adjusted Net Income of $1.5 million. Strategic actions included repaying $10.0 million in debt and repurchasing $2.6 million in common stock during the quarter. Inspired Entertainment reiterated its FY2026 Adjusted EBITDA target of $112 million to $118 million and updated its Free Cash Flow conversion outlook to 20%+.

Inspired Entertainment reported strong second-quarter 2026 financial results, with revenue increasing 6% sequentially to $60.8 million and Adjusted EBITDA rising 14% sequentially to $27.1 million, achieving a record 45% Adjusted EBITDA margin. The company continued its focus on capital allocation, repaying $10.0 million in debt and repurchasing $2.6 million in common stock. Management reaffirmed its full-year 2026 Adjusted EBITDA target and updated its Free Cash Flow conversion outlook to 20%+.

Inspired Entertainment, Inc. announced a change in the date for its second quarter ended June 30, 2026, results conference call. The company will now report its Q2 results after the market closes on Wednesday, August 5, 2026. Management will host a conference call and simultaneous webcast on the same day at 4:30 p.m. ET / 9:30 p.m. in the UK to discuss the results, with pre-registration required for participation.

Inspired Entertainment, Inc. announced it will report its financial results for the second quarter ended June 30, 2026, before the market opens on Thursday, August 6, 2026. The company's management will host a conference call and simultaneous webcast on the same day at 8:00 a.m. ET / 1:00 p.m. in the UK to discuss the results. Analysts and investors need to pre-register to participate in the live call, and a webcast replay will be available on the company's website.

Inspired Entertainment, Inc. announced that its online gaming content is now live across multiple operators in Alberta's newly regulated competitive iGaming market. This expansion builds on the company's existing presence in the province and follows its approval as an iGaming Goods or Services Supplier by the Alberta Gaming, Liquor and Cannabis Commission. The company views North America as a significant growth market and this launch further extends its reach in regulated territories.

Inspired Entertainment, Inc. announced the launch of its NBA Re-Play Virtual Sports game in Turkey. The game will be distributed through Sisal Şans, the authorized operator of cash-prized games under the Milli Piyango brand, and will be available on Milli Piyango Online and various Electronic Platform Dealers. NBA Re-Play offers a unique virtual basketball experience featuring all 30 NBA teams and iconic player highlights, providing an engaging betting experience with short simulated events. This launch expands Inspired's Virtual Sports portfolio and is officially licensed by the NBA and NBPA.

Inspired Entertainment, Inc. filed an amendment to its Original Report (10-K) to correct an incorrect statement regarding the audit opinion over the effectiveness of its Internal Control Over Financial Reporting (ICFR). The amendment clarifies that the correct audit opinion over ICFR was properly included in the Original Report and updates the audit opinion over the financial statements accordingly. The filing also includes the full financial statements for the years ended December 31, 2025 and 2024, along with updated certifications from the principal executive and financial officers.

Inspired Entertainment, Inc. announced a leadership transition with James Richardson stepping down as Executive Vice President and Chief Financial Officer. Craig Wilson, previously the company's Vice President of Finance and Accounting, has been promoted to the role, effective May 14, 2026. Mr. Richardson's resignation was not due to any disagreements and he will assist with the transition for three months, receiving severance benefits. Mr. Wilson's compensation includes a A300,000 annual base salary and a grant of 30,000 restricted stock units.

Inspired Entertainment, Inc. announced a change in its executive leadership, with James Richardson stepping down from his role as Executive Vice President and Chief Financial Officer. The company's Board of Directors has promoted Craig Wilson, previously Vice President of Finance and Accounting, to the role of Executive Vice President and Chief Financial Officer, effective May 14, 2026. Mr. Richardson will remain available to assist with the transition for a period of three months.