Ainsworth Gaming encountered a stellar initial six months of the 2022 fiscal year, achieving a revenue surge of 40% compared to the corresponding period in the previous year. This impressive performance amounted to a substantial AUD$100.7 million (equivalent to approximately US$72.3 million).
The firm’s accomplishments were largely credited to their Historical Horse Racing (HHR) devices, which generated a considerably larger amount of consistent income. This was further amplified by robust sales figures, notably a bulk purchase of 400 HHR units within the North American market. Their digital segment also witnessed expansion, and the Latin American sector rebounded favorably as entertainment establishments resumed operations.
On the topic of recovery, AGT transitioned from a notable deficit in the preceding year (understandably, due to the pandemic’s effects) to a profit of AUD$9.1 million. This upward trajectory is anticipated to persist as global sales escalate and the organization prioritizes its recurring revenue channels.
AGTs head honcho, Harald Neumann, expressed immense satisfaction with the firm’s achievements over the preceding two quarters. He conveyed an optimistic outlook, particularly highlighting the resurgence of global markets following the pandemic’s easing. Neumann specifically cited Australia and Latin America as areas of notable promise. He also alluded to AGT’s ongoing development of exciting new advancements behind the curtain, aimed at enhancing their gaming experiences and technological capabilities. Neumann exuded confidence that these endeavors would empower AGT to craft even more exceptional games moving forward, ensuring player contentment.
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