tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ainsworth Game Technology Projects Lower Profit Amid Revenue Fluctuations

Story Highlights
Ainsworth Game Technology Projects Lower Profit Amid Revenue Fluctuations

TipRanks Cyber Monday Sale

The latest update is out from Ainsworth Game Technology ( (AU:AGI) ).

Ainsworth Game Technology anticipates reporting an underlying profit before tax of approximately $21.5 million for the fiscal year ending December 2025, a decrease from the previous year. Despite a 9% increase in overall revenue, the second half of the year saw a decline in North American sales due to timing issues with Video Lottery Terminal sales and distributor purchases. The APAC region maintained its revenue levels, while Latin America showed modest growth despite challenges. The company plans to use its bank loan facility to manage increased inventory holdings and continues to invest in research and development, representing 17.5% of total revenue.

The most recent analyst rating on (AU:AGI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Ainsworth Game Technology stock, see the AU:AGI Stock Forecast page.

More about Ainsworth Game Technology

Ainsworth Game Technology Limited is a company operating in the gaming industry, primarily focused on the development and manufacturing of gaming machines and related technology. The company serves various markets, including the Asia-Pacific (APAC), Latin America (LATAM), and North America, with a focus on providing innovative gaming solutions.

YTD Price Performance: 16.18%

Average Trading Volume: 160,207

Technical Sentiment Signal: Buy

Current Market Cap: A$338.5M

For an in-depth examination of AGI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1