INTRALOT announces Full Year 2024 Financial Results
“INTRALOT announces 3.4% y-o-y Revenue growth at €376.4m
and Adjusted EBITDA at €130.7m in FY24”
INTRALOT’s Chairman Sokratis P. Kokkalis noted:
“INTRALOT’s performance for 2024 has been positively impacted by very strong performance in the last quarter driven by strong revenue growth from North America, enabling the company to maintain its key metrics in profitability and leverage ratio by focusing on high profit-margin activities. We were able to win new contracts in the promising sectors of VLT monitoring in the US and online lottery in Canada and extend key contracts in our core business in Europe and Australia while actively pursuing every opportunity in our sector around the globe"
INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the twelve-month period ended December 31st, 2024, prepared in accordance with IFRS.
OVERVIEW PRESS RELEASE
Group Revenue at €376.4m in FY24 (+3.4% y-o-y).
AEBITDA stood at €130.7m (+1.0% y-o-y) in FY24, with margin reaching 34.7%.
On a quarterly basis, 4Q24 vs. 4Q23, AEBITDA posted an increase of 38.0%.
EBT in FY24 shaped at €18.0m and NIATMI (Net Income After Tax and Minority Interest) at €4.9m. Operating Cash Flow at €87.2m in FY24.
Group CAPEX in FY24 amounted to €37.5m.
Group Cash at the end of FY24, including restricted cash in accordance with the loan obligations, amounted to €88.5m.
Adjusted Net Debt shaped at €355.7m at the end of FY24, with Adjusted Net Leverage ratio at 2.7x in FY24.
On February 20, 2025, INTRALOT announced that its North American subsidiary, INTRALOT, Inc., has signed a contract with the Charitable Gaming Division of the Nebraska Department of Revenue for the provision of a real-time monitoring and reporting system for Cash Devices across the state. The contract, which was awarded following a competitive process, will run for 5 years and includes the option to renew for four (4) additional two-year (2) periods, totaling 13 years.
https://www.intralot.com/files/PR_FY24_EN_Final.pdf
https://www.intralot.com/athex-announcements/press-release-intralot-announces-full-year-2024-financial-results/