INTRALOT Announces First Quarter 2025 Financial Results- for the three-month period ended March 31st, 2025

“INTRALOT announces 10.9% y-o-y Revenue growth to €94.4m and EBITDA at €30.2m, supported by strong Operating Cash Flow of €48.9m in 1Q25”

May 30th , 2025 INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the three-month period ended March 31 st, 2025, prepared in accordance with IFRS.

OVERVIEW PRESS RELEASE

Group Revenue reached €94.4m, reflecting a 10.9% y-o-y increase.

EBITDA came in at €30.2m (+0.3% y-o-y), while LTM Adjusted EBITDA stood at €130.8m, consistent with FY2024 levels.

EBT totaled €3.6m, with Net Income After Tax and Minority Interest (NIATMI) at €-0.6m.

Operating Cash Flow surged to €48.9m in 1Q25, up by €21.8m compared to the same period last year, demonstrating strong cash flow generation.

Group CAPEX amounted to €5.6m in 1Q25. Group Cash, including restricted cash in accordance with the loan obligations, stood at €104.0m at the end of 1Q25.

Adjusted Net Debt decreased significantly to €316.5m, representing a reduction of €39.2m since December 2024. Adjusted Net Leverage ratio improved to 2.4x, down from 2.7x at the end of FY24.

On April 7, 2025, INTRALOT announced that its subsidiary INTRALOT New Zealand Ltd., signed with the Department of Internal Affairs (DIA) of New Zealand a six-year contract extension from 2026 to 2032, with a one-year further extension option, for the provision of Electronic Monitoring System (EMS) solution for Class 4 (non-casino) electronic gaming machines. In parallel, DIA has exercised its right to utilize the one-year extension option in the current EMS Service Agreement with INTRALOT New Zealand for continued supply of the EMS, extending the agreement from 10 May 2025 to 10 May 2026.

On April 16, 2025, INTRALOT announced that its U.S. subsidiary INTRALOT, Inc. extended its gaming systems contract with the New Hampshire Lottery Commission for an additional seven years, ensuring continued cutting-edge technology and high-quality services support through September 2033.

Note: Due to rounding, numbers presented throughout this, and other documents may not add up precisely to the totals.

INTRALOT’s Chairman Sokratis P. Kokkalis noted:

“INTRALOT’s 1Q2025 results are characterized by revenue growth and free cash flow generation combined with stable profitability and continuing debt reduction, resulting in net debt leverage ratio of 2.4x. On the commercial front the company renewed key contracts in New Zealand through 2032 and New Hampshire through 2033, with the latter becoming the first US State to install our new central lottery platform Lotos X with its advanced functionalities"

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https://www.intralot.com/newsroom/press-release-first-quarter-2025-financial-result/