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Ainsworth Game Technology ( (AU:AGI) ) has provided an update.
Ainsworth Game Technology anticipates reporting a profit before tax of approximately $14 million for the first half of 2025, reflecting stable financial performance compared to the previous year. The company expects a 6% revenue increase, driven by the successful launch of the Raptor cabinet in Australia, while facing challenges in Latam/Europe due to import restrictions. The company continues to invest in research and development, maintaining a significant portion of its revenue for innovation. Additionally, Ainsworth’s board recommends shareholders support a scheme proposal by Novomatic AG to acquire remaining shares, contingent on no superior proposals emerging.
More about Ainsworth Game Technology
Ainsworth Game Technology is a company in the gaming industry, primarily focused on developing and manufacturing gaming machines and related technology. Their market focus includes regions such as Australia, North America, and Latam/Europe.
YTD Price Performance: 11.56%
Average Trading Volume: 424,900
Technical Sentiment Signal: Buy
Current Market Cap: A$325M
For an in-depth examination of AGI stock, go to TipRanks’ Stock Analysis page.